Andy Sambidge

Dubai Sports television channel, part of Dubai Media Incorporated (DMI), has announced a deal to show top German football action free-to-air.

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The market has been open less than two hours and already 900 million or so shares worth $25 billion have changed hands. In a given second the total jumps by $3 million to $5 million–all without a sound. Unlike the New York Stock Exchange a few blocks away, this exchange has no shouting traders, no crumpled trade tickets on the floor.

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TOKYO, Dec 24 (Reuters) - The Nikkei stock average fell 2.7 percent on Wednesday as investors sold Toyota Motor Corp (7203.T) and auto-related stocks after the world’s biggest automaker forecast its first-ever annual operating loss.

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By Justin Petruccelli

Steve Astephen’s legacy is everywhere. It’s in the oceans. It’s in the mountains. It’s on the street. But more than anywhere, it’s in the air, where his clients’ exploits inspire the next generation of action sports stars. Ten years ago, Astephen revolutionized the action sports industry when he recognized the marketability of its larger-than-life athletes and created an agency focused on turning them into brands. (more…)