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Powell, Simpson settle case with nutrition company

KINGSTON (Reuters) - Jamaican sprinters Asafa Powell and Sherone Simpson have settled a legal case with a nutrition company that sold the supplement Epiphany D1 which contained the banned substance oxilofrine, their management company said on Tuesday.

Bayern, Kirch company tried to buy World Cup support, says paper

Bayern Munich and a company linked to media mogul Leo Kirch offered financial kick-backs to four small national federations in an effort to influence the 2006 World Cup hosting vote, a respected German newspaper alleged.

Suspended FIFA official Webb was director of Warner's company

MIAMI (Reuters) - Suspended CONCACAF president Jeffrey Webb was a director 10 years ago of a Cayman Islands company controlled by Jack Warner, the former head of the Americas regional soccer body who is facing U.S. corruption charges, a court document shows.

Polish oil company PKN Orlen to sponsor Williams

LONDON (Reuters) - Polish oil company PKN Orlen is to sponsor Williams following the Formula One team's signing of Robert Kubica as a driver for next season.

Rhode Island reopens probe into loan to former Red Sox player's company

PROVIDENCE, R.I. (Reuters) - Rhode Island legislators are set on Tuesday to resume hearings on the state's $75 million (49 million pound) loan guarantee to former Boston Red Sox pitcher Curt Schilling's now-bankrupt video game company as the state fights to recoup some of the lost money.

Turkish football boss' company makes best bid for sole betting firm - media

ANKARA (Reuters) - A venture including the company of the Turkish Football Federation's chairman made the best bid in the tender to operate Turkey's only legal sports betting company Iddaa, broadcaster NTV said on Wednesday.

Company that paid Lance Armstrong bonuses wants money back

AUSTIN, Texas (Reuters) - A Texas promotional company that paid millions of dollars to Lance Armstrong for winning the Tour de France said on Monday it was considering legal action to get the money back after the American cyclist was stripped of his Tour titles.

Insurance company severs ties with McLaren

Insurance company Mutua Madrilena said on Thursday it had ended its sponsorship of the McLaren Formula One team after the departure of Spanish driver Fernando Alonso.

Kedah may form own company to run Sukma

Kedah, the hosts of the 2006 Sukma, may form a company to run the Games, emulating a similar procedure set by the country when hosting the 1998 Kuala Lumpur Commonwealth Games.

Soccer-Chief of Swiss hospitality company detained in World Cup probe

RIO DE JANEIRO (Reuters) - Police in Rio de Janeiro on Monday arrested the chief executive of a Swiss hospitality and ticketing company in connection with an ongoing investigation over VIP ticket scalping at the World Cup.