All-rounder Shane Watson emerged the highest-earning Australian cricketer with the Indian Premier League money, ahead of the likes Ricky Ponting and captain Michael Clarke, according to a latest rich-list of sportspersons.

State-owned Indian Oil Corp and GAIL Ltd are looking at picking up an equity stake in LNG projects in Africa to meet growing energy needs of the country, Oil Minister S Jaipal Reddy said on Friday.

Latin America has the largest income inequality, although it is more equitable than sub-Saharan Africa and South Asia in life expectancy and schooling, states a UNDP report.

The World Boxing Council restored Bernard Hopkins as its light heavyweight champion on Thursday after reviewing his controversial loss to Chad Dawson at the weekend.

A woman is treated in the most wretched manner in countries like Chad and Afghanistan according to a recent survey conducted by Newsweek.

The US Congress is likely to approve trade preferences for the least developed and developing countries in the next few weeks, a move which will help Indian exporters as well.

Here's looking at Bollywood songs that flip-flopped from being amusing to lewd and vulgar.

Seeking to inject a fresh impetus to India's strategic ties with African countries, Prime Minister Manmohan Singh on Monday left on a six-day visit to Ethiopia and Tanzania during which he will discuss ways to effectively combat the twin threats of terrorism and piracy.

Former United States President Bill Clinton has invited Ruchira Gupta, an activist who has fought against sex trafficking for two decades, to join his CGI Lead Task Force -- a high level group within the Clinton Global Initiative.Gupta is the founder president of Apne Aap Women Worldwide and winner of the 2009 Clinton Global Citizen Award for Leadership in Civil Society.

Augustina Nkem Nwaoko of Nigeria stormed her way to the first gold medal of the 2010 Commonwealth Games, with a record mark in the women's weightlifting event.

Samuel Eto'o scored a scintillating home hat-trick for holders Inter Milan in the Champions League on Wednesday as former Barcelona teammate Lionel Messi's magic went missing in a 1-1 draw in Russia.

Ryan Lochte registered his second consecutive victory over rival Michael Phelps at the United States National Championships with a gritty win in the 200 metres backstroke on Saturday.

Mahindra could not provide details of where the plant would be located in South Africa and how much would be invested on it, but merely indicated that a feasibility study had been completed.

India's largest cellular service company Bharti Airtel will invest $600 million in Nigeria's mobile market following its take over of Zain Telecom's African business for around SUD 10.7 billion.

Just three places below Afghanistan, Pakistan has been ranked the 10th most failed state in the 2010 Failed State Index released by the prestigious Foreign Policy magazine on Monday.

Experienced striker Brian Ching was surprisingly left off the United States World Cup squad on Wednesday when coach Bob Bradley named his final squad of 23 for South Africa.

P Kashyap and Arvind Bhat did the star turn as India trounced Australia 4-1 and advanced to the last eight stage of the Thomas Cup finals even as the women's team went down 1-4 to Korea despite Saina Nehwal's thrilling win over Seung Hee Bae in the Uber Cup, in Kuala Lumpur, Malaysia, on Tuesday.

It also had other suitors like French company Vivendi, Egyptian company Etisalat and even MTN.

A second-half strike by Chad Coombes helped amateurs Auckland City to a surprise 2-0 victory over hosts Al Ahli in the first match of the Club World Cup on Wednesday.

India has been ranked in the bottom half among 134 countries in terms of gender equality, in WEF's latest ranking that assessed the distribution of resources and opportunities among males and females.

United in their plight and their back against the wall, Sussesx Sharks and Diamond Eagles will hurl themselves at each other's throat for a win that would open up the Super Eight door for them in the Champions League Twenty20 in New Delhi on Tuesday.

Fresh from a crushing win over local favourites Delhi Daredevils, in-form New South Wales will take on English team Sussex in their second group B match of the inaugural Champions League Twenty20 cricket tournament in New Delhi on Sunday.

The race for control of Kuwait-headquartered Zain Telecom has quickened with the Indian consortium led by Delhi-based Vavasi group saying it is willing to give a majority stake in the consortium to state-owned Bharat Sanchar Nigam Ltd or Mahanagar Telephone Nigam Ltd, depending on which company gets government approval to go ahead with the deal.

The big boost for Sussex Sharks came a few months back when West Indies all-rounder Dwayne Smith announced that he would play for them ahead of IPL champions Deccan Chargers.Captain Michael Yardy has led from the front with the bat, while young Indian leg-spinner Piyush Chawla will be useful given his knowledge of conditions at home.

Recuperating from a shoulder surgery that ruled him out of the ongoing tri-series in Sri Lanka and the subsequent Champions Trophy, Virender Sehwag will lead the Delhi Daredevils in next month's Champions League, the organisers of the Twenty20 event announced on Tuesday.

Saad Khan was swimming across a lake in Bangkok with a 7 kg backpack, when he drowned.

YouTube co-founder Chad Hurley is putting some of his fortune into Formula One as primary investor in the new U.S. F1 team due to enter the sport next season.

Anup Sridhar and Aditya Prakash advanced to the pre-quarter-finals but four other Indians crashed out of the Australian Open Grand Prix men's singles in Melbourne on Wednesday.

The top 10 failed states in the 2009 list are: Somalia, Zimbabwe, Sudan, Chad, Democratic Republic of Congo, Iraq, Afghanistan, Central African Republic, Guinea and Pakistan.

Former England cricketer Chris Lewis was jailed for 13 years on Wednesday for trying to smuggle drugs into Britain in his kit bag.

Argentina's Angel Cabrera won his second major championship with a nerve-jangling playoff victory at the U.S. Masters on Sunday, becoming the first South American to claim the prized Green Jacket.

Chasing prosperity? Unless you're a miracle worker, steer clear of these economic sinkholes.

At least there's one bright spot in this dreadful economy.

Former England cricketer Chris Lewis will appear in court on drug smuggling charges on Tuesday after around four kilos (9 lbs) of cocaine was seized at London's Gatwick Airport, the Home Office said.

In Burn After Reading, prepare to be bowled over by Chad, the man with a ridiculously botched highlight job. And he's played by Brad Pitt.

The Forbes.com Investor Team speculates about the next catastrophe. Could be autos, or could be a major endowment or pension fund.

Launching its largest ever humanitarian appeal, the UN has sought $7 billion in urgent aid for 30 million people in 31 countries, to tide over the hunger crisis that has been compounded by the economic downturn. The latest aid appeal dwarfs last year's call by the international agency for $3.8 billion for 25 million people.

West Indies captain Chris Gayle has been named captain of Stanford Superstars, which will face England in the 20-million-dollar Stanford Twenty20 match on November 1. The left-hand opening batsman will have Antigua and Barbuda captain Sylvester Joseph as his deputy.

United States team erased some of their recent Ryder Cup pain by taking a lead over holders Europe at Valhalla Golf Club.

When it comes to growing the economy the most with the least energy, 10 nations lead the way.