Americas

Nasdaq-listed sporting goods e-commerce company Global Sports has provided guidance for the fourth quarter of 2001 and for the full year 2002 that is significantly better than the current average of analysts' expectations for those periods.

An NHL player agent has dismissed claims clubs are spending too much to attract the star names - despite mounting fears wage bills at some teams are spiralling out of control.

Canadian marketing company Galaxy Sports has acquired an exclusive license from Umbro Worldwide to sell, market and distribute Umbro branded products to retailers in the United States in a five years deal starting January 1 2002.

A new plan enabling Michael Jordan to join the Washington Wizards' NBA franchise has reportedly been hatched by sports industry chiefs in New York.

Pan-american Sports Network (PSN), the pay television sports network in Latin America will offer complete coverage of the US Open tennis from August 27 to September 9.

ESPN.com has completed the acquisition of web-based sports magazine SportsJones.com.

US sporting goods retailer Big 5 Holdings Corp has filed with the Securities and Exchange Commission to raise $115 million ( B

Brazil's national soccer team, who have won the World Cup four times, appear set for an unprecedented win over one of their most difficult opponents: the eight o'clock soap opera.

Greece and Cyprus have agreed to send two satellites into space to advance telecommunications in the region and assist in transmission of the 2004 Athens Olympics.

Latin American pay-TV broadcaster, Pan-American Sports Network (PSN) has appointed Luis Baraldi to the post of vice president for programming, production and operations.

Extreme sports showcase the X Games, organised by US broadcaster ESPN, attracted total crowds of more than 235,000 during its 11 days of competition.

Brazilian soccer's latest scandal has taken a new twist after a private meeting of the country's leading directors was secretly recorded and then broadcast by a radio station.