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Brexit punches 12-bln-euro hole in EU finances

When Britain leaves the European Union at midnight on Friday the bloc loses the second-biggest net contributor to its budget, leaving a 12-billion-euro ($13-billion) hole in its finances. The United Kingdom will continue making budget contributions this year under an agreed post-Brexit...

Hamilton says he has not spoken to Mercedes about a new deal

Lewis Hamilton says he has not spoken to Mercedes about signing a new contract as he prepares to launch his bid to equal Michael Schumacher's record of seven drivers' championship titles. The British driver's £40 million ($52 million)-a-season deal expires at the end of the year and he has...

Djokovic powers past Federer into Australian Open final

Novak Djokovic shattered the hopes of ailing rival Roger Federer Thursday to sweep into a record eighth Australian Open final and move closer to his 17th Grand Slam crown. In the 50th instalment of one of sport's greatest rivalries, the Serb shrugged off a tentative start to reinforce his...

Kuwait welcomes US bid to end Arab-Israeli conflict

Kuwait "highly appreciates" U.S. efforts to end the Arab-Israeli conflict, the foreign ministry said Wednesday, a day after U.S President Donald Trump announced a new peace plan. The statement, cited by the state news agency, reiterated Kuwait's commitment to an independent Palestinian...