
-
Scholz vows continued German support in last call with Zelensky
-
UK kicks off party to mark 80 years since end of WWII
-
Global film industry reels from Trump tariff announcement
-
Cardinals assemble to elect pope and set course for church
-
Meta content moderator cuts over 2,000 jobs in Spain: union
-
Pakistan conducts second missile test, India readies civil defence drills
-
Pro-EU or pro-Trump? Romania faces decisive choice in vote
-
Nazi surrender site sets the scene for Wim Wenders short film
-
French court backs Olympics choreographer in cyberbullying case
-
Romania run-off pits pro-Trump nationalist against centrist mayor
-
South Africa's Rabada back in IPL after serving drug ban
-
Pride and excitement as UK crowds celebrate 80 years since WWII's end
-
Ex-French interior minister Darmanin apologises for 2022 Champions League fiasco
-
Zhao on brink of becoming China's first World Snooker champion
-
Stars come out for Met Gala, showcasing Black dandyism
-
Jury selection begins in Sean 'Diddy' Combs sex crimes trial
-
Martinez rushing to be ready for Barca showdown, says Inter's Inzaghi
-
Warren Buffett to remain as Berkshire Hathaway board chair
-
UK royals lead celebrations to mark 80 years since WWII end
-
Top Spanish court drops tax complaint against ex-king Juan Carlos
-
Who are the Middle East's Druze religious community?
-
Russian reporter critical of Ukraine war escapes to France
-
France names first Concorde jet a historical monument
-
France, EU take aim at Trump's assault on science, seek to lure US researchers
-
Catholic Church's direction in the balance as vote conclave looms
-
German coalition deal signed on eve of Merz govt launch
-
UK begins four days of events to honour last WWII veterans
-
Cassocks competition: whose outfit will new pope wear?
-
Traditional culture, fancy dress meet at Hong Kong's raucous bun festival
-
Spain foreign tourist numbers break record in early 2025
-
Catholic Church's direction in the balance as conclave looms
-
France, EU leaders take aim at Trump in bid to lure US scientists
-
Olympic 100m medallist Kerley denies battery, admits to 'altercation'
-
Man Utd have 'big responsibility' to win Europa League: Amorim
-
Israel cabinet approves plan for Gaza 'conquest'
-
Alexander-Arnold confirms Liverpool exit after 'hardest decision'
-
Francis's popemobile converted into clinic for Gazan children
-
Spain's blackout highlights renewables' grid challenge
-
Trent Alexander-Arnold announces Liverpool departure
-
Top French chefs warm to AI in the kitchen
-
France, EU leaders spearhead effort to lure US scientists
-
Huthis say US bombed Yemen after strike on Israel's main airport
-
Pakistan conducts second missile test since renewed India standoff
-
Israel cabinet approves plan including Gaza 'conquest'
-
Oil prices slide after OPEC+ output hike
-
Kardashian ready to 'confront' her Paris attackers in court: lawyers
-
Flight club: Pinching pigeons on the India-Pakistan border
-
Trump orders rebuilding and reopening of defunct US prison Alcatraz
-
Jury selection to begin in Sean 'Diddy' Combs sex crimes trial
-
Facing a broken economy, Ghana's tech-savvy teens turn to fraud
BCC | -1.41% | 94.815 | $ | |
RBGPF | 6.26% | 67.21 | $ | |
CMSC | -0.09% | 22.08 | $ | |
SCS | -0.6% | 10.08 | $ | |
NGG | 0.15% | 71.79 | $ | |
RIO | -0.12% | 59.63 | $ | |
GSK | -0.08% | 39.04 | $ | |
JRI | -0.24% | 13.039 | $ | |
RYCEF | 0.67% | 10.42 | $ | |
RELX | 0.31% | 55.19 | $ | |
BCE | -1.18% | 21.2 | $ | |
BTI | 1.27% | 43.725 | $ | |
AZN | -0.33% | 72.205 | $ | |
VOD | -0.42% | 9.57 | $ | |
BP | 2.73% | 28.909 | $ | |
CMSD | -0.22% | 22.27 | $ |

Prosecutors demand jail term for Ancelotti for tax fraud
Real Madrid coach Carlo Ancelotti's tax fraud trial wrapped up Thursday in Spain, with public prosecutors seeking demanding he be jailed for four years and nine months for allegedly hiding income from the tax office.
Ancelotti -- who as a coach has won a record five Champions League trophies including three with Real Madrid -- is accused of failing to pay more than one million euros ($1.1 million) due to undeclared earnings from image rights in 2014 and 2015 during his first spell at the club.
Prosecutors allege he set up a "confusing" and "complex" system of shell companies to hide his extra earnings during this time from his image rights and other sources such as real estate, and only reported his salary.
"We consider the acts of fraud, concealment and omission to be proven," the lead prosector told the High Court of Justice in Madrid in his closing arguments, adding he maintained his demand that Ancelotti be jailed for four years and nine months.
Under Spain's legal system, prosecutors can add or drop charges, and alter the penalty they are seeking, depending on the evidence that is presented during a trial.
Ancelotti, 65, denied having intentionally committed tax fraud when he took the stand on Wednesday on the first day of the trial.
He told the court that on the advice of the club, a firm was set up when he joined Real Madrid so he could collect 15 percent of his annual salary of six million euros in image rights, and that he never realised that this allowed him to pay less tax.
"At that time, all the players and coaches were doing it that way, it seemed like the right thing to do," he said, adding former Real coach Jose Mourinho had a similar arrangement.
- 'Public humiliation' -
During his closing arguments, Ancelotti's lawyer said his client "did not fully understand what he was signing," and asked the court to acquit the Real coach.
The case could have been settled without going to trial but Spanish tax authorities wanted to submit Ancelotti to a "public humiliation", he added.
Previous cases involving footballers have resulted in suspended sentences, often via an out-of-court settlement.
Spain has cracked down in recent years on football stars who have not paid their due.
Mourinho received a one-year suspended sentence after pleading guilty to tax fraud in 2019.
Lionel Messi and Cristiano Ronaldo were both found guilty of tax evasion and received prison sentences that were waived for being first-time offenders.
Ancelotti took over at Real Madrid in 2013, leaving in May 2015, before being appointed by Bayern Munich the following year.
The former Italy international midfielder, who as a player won the European Cup twice with AC Milan, later managed Napoli and Everton before returning to Real Madrid in 2021.
Aside from his success in the Champions League, he has won domestic league titles with Madrid and Milan, in England with Chelsea, in Germany with Bayern Munich and in France with Paris Saint-Germain.
D.Cunningha--AMWN