In his memo, Mr Ballmer warned that Microsoft must avoid the classic mistakes of global corporate giants if it is to stay ahead of its competitors and reinvigorate its share price.

BBC: Microsoft chief executive Steve Ballmer

Already we are seeing the classic signs of a global slowdown.

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Vendors directed to these technologies face a classic tradeoff and cannot pay as much attention to the global opportunity as other competitors.

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Some clubs in England and France have questioned the rate of financial growth, McGrath says, and are encouraged by the potential for rugby's global expansion, particularly following the inclusion of rugby sevens, a shorter form of the classic game, in the 2016 Olympic Games.

WSJ: Cup That Could Hold More

They are John Hancock Bond Fund, John Hancock Small Cap Equity Fund, John Hancock Strategic Income Fund, John Hancock Classic Value Fund, John Hancock Sovereign Investors Fund and John Hancock U.S. Global Leaders Fund.

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