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Akinfeev stars as Russia stun Spain on penalties

Russia captain Igor Akinfeev saved two penalties in a dramatic shootout as the World Cup hosts dumped title contenders Spain out in the last 16 following a 1-1 draw. Veteran Russia centre-back Sergei Ignashevich gifted Spain the opening goal on 12 minutes in Moscow when he unwittingly turned into his own net after grappling with Sergio Ramos. Russia hit back just before the interval as Artem Dzyuba nervelessly converted a penalty awarded for a handball by Gerard Pique. Welldone Goal keeper. Best penalty shootout…

Banks paid $321 billion in fines since financial crisis: BCG

BOSTON: Banks across the world have paid about $321 billion in fines since the 2007-2008 financial crisis as regulators stepped up scrutiny, according to a note by the Boston Consulting Group. Almost ten years since the financial crisis, the banking industry has not completely recovered, BCG said in an industry report. North American banks accounted for nearly 63 percent of the total fines, or about $204 billion, during 2009-2016, the consultancy firm said. While U.S. regulators have been more effective in imposing…