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. Last Updated: 07/27/2016

07/23/2004

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A Sochi School Dreams of Glory

Sergei Lukashin, director of a tennis school by the Black Sea, has a dream.

'Unlucky' Mostovoi Considers His Future

Alexander Mostovoi, kicked out of Russia's squad at Euro 2004 last month for criticizing the coach, says he is contemplating retirement.

Militants Take 7 Foreigners Hostage

Diplomats in Baghdad battled on Thursday to win the release of three captured Indians, three Kenyans and an Egyptian after their kidnappers threatened to behead them one by one unless their employer pulled out of Iraq.

9/11 Panel: 'Failure of Imagination' to Blame

The Sept. 11 commission's final report recommended the creation of a new intelligence center and high-level intelligence director to improve the ability of the United States to disrupt future terrorist attacks.

Britons Worry Drinking Is Out of Hand

Britain has always been a place where people enjoy a drink or two (or more) at the local pub, and where football hooligans and so-called lager louts represent the public face of overconsumption.

Business in Brief

Sibir-Sibneft Feud MOSCOW (Bloomberg) -- Sibir Energy, a British-based oil company, said Thursday it will seek to regain from Sibneft a 49 percent stake in a venture set up to explore Siberian oil fields that hold an estimated 2.1 billion barrels of reserves. Sibneft, in which billionaire Roman Abramovich is a major shareholder, in December bought 49 percent of the venture, Sibneft-Yugra, for a ""nominal consideration,"" according to Sibneft's 2003 consolidated financial statements, which were published Monday. Sibir on April 19 said it was suspending trading in its shares on the London Stock Exchange after discovering the company's stake in Sibneft-Yugra had been diluted. Sibneft is seeking to unwind its takeover last year by Yukos for $13.9 billion. ""Sibir's interest in Sibneft-Yugra has been misappropriated and we will have it back,"" Chalva Tchigirinsky, representing Sibir's largest shareholder, said in a statement released through the Regulatory News Service.

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