Lord Sebastian Coe reacts after being elected as the new IAAF President during the 50th IAAF Congress  in Beijing, China. Photograph: Getty

Sebastian Coe, the double Olympic champion who led the organising committee of London’s 2012 Games, has been elected as the president of the world gov(...)

The Park-Broadway block in Millbrae, south of San Francisco was also built by Segue Construction, and  water damage, dry rot, and extensive mold growth was discovered.

The new residents of Park-Broadway, a 96-residence building in Millbrae, beside San Francisco International Airport, thought it odd that their apar(...)

Dublin might have some of the best pubs in the world, but you’ll get a much cheaper pint elsewhere. Photograph: Thinkstock

If you like cheap beer, avoid New York and hit Prague instead. If you resent paying through the nose for public transport, don’t go to London. And (...)

Fifa president Sepp Blatter reacts to banknotes thrown at him by a British comedian known as Lee Nelson (unseen) at a news conference in Zurich yesterday . Photograph: Arnd Wiegmann/Reuters

Sepp Blatter has begun the race to succeed him as Fifa president, setting the election for February next year as Michel Platini emerged as his most li(...)

 Fifa official Jeffrey Webb, who faces corruption charges.  File photograph: Szilard Koszticsak/EPA

Jeffrey Webb, one of seven high-ranking Fifa officials who were arrested in Switzerland on corruption charges, pleaded not guilty in US federal court (...)

 A file photo  showing the Fifa logo at the Fifa headquarters in Zurich. Photograph: EPA

The US has asked Switzerland to extradite seven Fifa officials who were arrested in May as part of an investigation into alleged corruption, the Swiss(...)

Zurich-based Ace Ltd has agreed to purchase Chubb Corp for $28.3 billion in cash and stock. Photograph: Chris Radburn/PA Wire

Ace Ltd agreed to purchase Chubb Corp, the New Jersey-based insurer of high-end homes and mega-yachts, for $28.3 billion in cash and stock. Chubb sh(...)

Tidjane Thiam (52), started work as chief executive of Credit Suisse on Wednesday. File photograph: Simon Dawson/Bloomberg

Credit Suisse’s new chief executive told staff in a memo on Wednesday the Swiss bank needed a strong balance sheet to help it through rough times and (...)

The Swiss bank’s stocked soared nearly 6 per cent to an all-time high. Photograph: Steffen Schmidt/EPA

Julius Baer stock jumped nearly 6 per cent to an all-time high on Wednesday after the Swiss private bank said it would book an initial $350 million fo(...)

Martin Fagan: 31-year-old athlete said he is “happier not running right now”. Photograph: Cyril Byrne

So after much consideration it seems Martin Fagan has had enough of competitive running, retiring less than two months after becoming the first and s(...)