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Barcelona hit hard as La Liga slashes salary caps

Barcelona's salary cap for this season has been cut by almost 300 million euros according to La Liga's list of spending limits for Spanish clubs, announced on Tuesday. The coronavirus pandemic has had huge economic effects on Spain's top-flight teams, with Barca among those worst affected....

World shares jump on more good news about virus vaccines

Stock markets jumped higher Monday on news that a second coronavirus vaccine showed promise, bolstering hopes even as new infections surged around the world. Pharmaceutical company Moderna said its vaccine appears to be 94.5 percent effective, according to preliminary data. Markets rallied...