Diageo has taken a further gulp of the growing cocktail sector by buying the spirit used to make the Brazilian drink caipirinha.

He once made Norway a force in world football and now he is trying to repeat the trick, with some success. Glenn Moore assesses how his current team matches up to sides of old

Steven Gerrard has no intention of retiring as an England player after this summer's European Championship.

The schedule for the basketball competition at the London 2012 Olympics has been revealed, with Team GB missing out on a lucrative match with the United States.

Brazilian defender hands Chelsea a big boost by recovering from injury for Champions League final

Disney's new superhero film Marvel Avengers Assemble is on course to smash global cinema box-office records by grossing $1bn (£625 m) in just 19 days. The film has brought in over £40m in the UK, meaning that it could soon match last year's top-seller, The King's Speech, which generated £45m.

The last time you could hope to change sterling to euros and clear €1.22 for each £1 was in the autumn of 2008, when the pound was halfway down its freefall towards parity – the midwinter trough when £1 equalled €1. Sterling enjoyed a briefest of summer flings in 2010, when €1.20 seemed tantalisingly within reach.

Atletico Madrid 3 Athletic Bilbao 0

The Brazilian government will hand out free tickets to the country's poor and indigenous people for the 2014 World Cup finals and expect to do the same for the 2016 Rio Olympics. The host nation has already won concessions from Fifa over allowing students and pensioners half-price tickets but is determined to take that further.

BG Group, the exploration arm of the former British Gas, sold its majority stake in a Brazilian gas distribution business for $1.8bn (£1.1bn) as it unveiled a 21 per cent jump in first-quarter operating profits.

Brazil forward Neymar scored a hat-trick to lead Santos in a 3-1 win over Sao Paulo while former Brazil and Real Madrid coach Vanderlei Luxemburgo was sent off following a row with a ball boy in Gremio's match.

Tough conditions, and recovering from a broken mast the day before, saw reigning Star class Olympic champions Iain Percy and Andrew Simpson take gold at the French Olympic week regatta in Hyeres.

The first match by a Great Britain men's team for 41 years will be an Olympic warm-up game against Brazil at Middlesbrough on July 20, the Football Association have confirmed.

The men and women who will represent Team GB in the football competition at the London Olympics have discovered their group opponents.