The British Grand Prix could be rubbed off the Formula One calendar after Silverstone’s owners triggered a break clause in its contract yesterday, claiming they have “run out of road”.

Red Bull team principal Christian Horner has accused Silverstone of "serious misjudgement and mismanagement" after the circuit's owners gave notice of their intent to pull the plug on Formula One.

A defiant Lewis Hamilton has promised to win this year’s Formula One championship “the right way” after his clash with title rival Sebastian Vettel in Sunday’s Azerbaijan Grand Prix.

A defiant Lewis Hamilton has promised to win this year's Formula One championship "the right way" after his clash with title rival Sebastian Vettel in Sunday's Azerbaijan Grand Prix.

Following back-toback races in America and Mexico, Formula One heads south to Sao Paulo for the Brazilian Grand Prix. Here are the key talking points ahead of the penultimate round of the championship.

A High Court challenge has been brought against Kildare County Council’s order that a telecommunications mast at Highfield, Newbridge, be taken down.

US stocks closed broadly lower for a third straight week on signs that consumer demand may be weakening.

Stocks slid today when waning enthusiasm among investors ahead of the holiday weekend overshadowed data showing higher consumer spending and a jump in sales of big-ticket goods in November. A weak bond market also weighed on stocks.

ULSTER Television has launched a €130 million bid for The Wireless Group, which runs Britain’s largest commercial talk radio station.

Investors’ growing dread of higher interest rates sent stocks sliding sharply in the United States today, with a solid retail sales report and expectations of higher inflation providing the latest catalyst for a sell-off.

THE jobs of 550 workers employed by cable television company Chorus could be secured this week if the company’s trade creditors agree to wipe out €8.7m in debts.

The ISEQ was trading up 24 points, or 0.48%, to 5154 at 11.45am today, as some of the larger stocks recovered losses made in the last few days.

TELEVISION services to 200,000 Chorus customers were thrown into uncertainty yesterday after the TV cable operator was placed in examinership.

The ISEQ in Dublin made an afternoon recovery today closing up 23 points to 5129.

The High Court today appointed an examiner to Irish cable operation Princes Holdings, which trades as Chorus.The court heard that the company had debts of €385m.

VIVENDI Universal’s dream of landing a $14 billion cash-rich deal for its US entertainment empire is fast evaporating with final bids likely to fall short of the mark, sources involved in the auction said.

Cable and satellite home shopping broadcaster QVC was today poised for new ownership following a deal valuing the channel at £8.4bn (€12.2bn).

Cable company Liberty Media has sold 10.5 per cent of its 50 per cent stake in Irish cable company Chorus to a US based cable company.

Liberty Media Corp is still interested in bidding for Deutsche Telekom AG's six regional cable businesses, said the Frankfurter Allgemeine Zeitung, citing the US company's chief executive Robert Bennett.

Chorus Communications, Irelands second biggest and independent cable television company, lost €36.6m in 2001.

NTL is withholding €110m due in interest payments on three US bonds.

NTL has said that it has been notified by the New York Stock exchange that it has fallen below the continued listing criteria relating to minimum share price.