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Lewis Hamilton: Mercedes driver agrees £40m-a-year deal until 2020

Lewis Hamilton: Mercedes driver agrees £40m-a-year deal until 2020

Sports
World champion Lewis Hamilton will race for Mercedes in Formula 1 for at least a further two seasons.The 33-year-old Briton has signed a new contract with the German manufacturer that lasts until the end of 2020.BBC Sport understands Hamilton will earn at least £30m a year, rising to a maximum of £40m, depending on bonuses. Hamilton said a new contract had been "a formality" since he sat down with Mercedes F1 boss Toto Wolff to begin discussions last winter.He said: "It's good to put pen to paper, announce it and then get on with business as usual."I have been part of the Mercedes racing family for 20 years and I have never been happier inside a team than I am right now."We are on...
Macedonia agrees to name change deal with Greece

Macedonia agrees to name change deal with Greece

World
June 12 (UPI) -- Macedonia reached an agreement with Greece to change its name on Tuesday, ending a 27-year dispute between the two countries. Prime Minister Zoran Zaev reached an agreement with Greek Prime Minister Alexis Tsipras to change the country's name to the Republic of Northern Macedonia in acknowledgement of the Greek region of Macedonia across the border. Both countries' parliaments must ratify the deal and Macedonia is expected to hold a referendum on the change. "There is no way back," said Zaev. The name will be used both internally by the government and externally when conducting foreign affairs. Macedonia was previously only recognized by organizations such as the United Nations by the name Former Yugoslav Republic of Macedonia. A spokesman for United Nations Secretary...
Leicester City FC transfer news: Jonny Evans passes medical and agrees terms ahead of Foxes move

Leicester City FC transfer news: Jonny Evans passes medical and agrees terms ahead of Foxes move

Sports
Evans was relegated from the Premier League with West Brom last term Thursday, June 7, 2018 Jonny Evans has passed his medical at Leicester City and has agreed terms on a three-year deal with the club, according to reports. The 2015/16 Premier League winners triggered the defender’s £3.5million release clause after West Brom were relegated from the top flight last month. The Foxes have captured Evans, 30, for £17.5million less than what West Brom turned down for their captain. The Northern Ireland international nearly left the Baggies during the past two transfer windows but the club rejected a £21million bid from Leicester as well as an £18million offer from Manchester City. Leicester will pay Albion in two inst...
PayPal agrees to buy iZettle for $2.2bn

PayPal agrees to buy iZettle for $2.2bn

Technology
Digital payments giant PayPal is to swallow up Swedish financial technology start-up iZetttle for $ 2.2bn (£1.6bn). The announcement came after Sky News revealed that the two companies were in advanced talks.It marks the largest ever acquisition by California-based PayPal, which was spun out of eBay in 2015.The price being paid by PayPal - itself valued at more than $ 90bn (£66bn) - is double the valuation that iZettle was reported to be seeking from a listing on Nasdaq Stockholm.iZettle is best known for offering small businesses a mini credit card reader that can turn smartphones and tablets into payment registers.It has a presence in 11 countries including Brazil and Mexico as well as across Europe - with its brand increasingly familiar in British coffee shops...
T-Mobile agrees $26bn deal to buy rival

T-Mobile agrees $26bn deal to buy rival

Technology
US wireless carrier T-Mobile has announced a $ 26bn (£18.9bn) acquisition of Sprint Corp.The all-stock deal would see the companies - third and fourth-largest in the US telecoms industry - combine to serve 127 million customers and employ more than 200,000 people.The agreement is likely to attract regulatory scrutiny, with concerns over competition and fears it could mean higher prices for customers, as a combined company would not have to offer as many promotions to lure new users.John Legere, president and chief executive of T-Mobile US, said: "This combination will create a fierce competitor with the network scale to deliver more for consumers and businesses in the form of lower prices, more innovation, and a second-to-none network experience - and do it all so much faster than either c