The circumstances surrounding the 2005 collapse of carmaker MG Rover are to be investigated, the British government confirmed Monday. The Serious Fraud Office (SFO) said in a statement it had been asked to consider whether there should be a criminal investigation following completion of an inquiry into the failure of the MG Rover Group (MGRG) on April 8, 2005, which owed nearly £1.3 billion ($2.09 billion) to creditors.
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Spain snatch third place at Confederations Cup
European champions Spain edged out hosts South Africa 3-2 in extra-time to avoid a second embarrassing defeat and finish third at the Confederations Cup in Rustenburg on Sunday.