Canada

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.
Sponsorship & Marketing

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.
Media

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.