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Nike sees sales and profit jump after World Cup

Sep 26, 2014 at 09:52 | Source: BBC

The US sportswear firm Nike has seen profit jump thanks to this year's football World Cup. The company said net profit rose 23% to $962m (£590m) in the three months to August, while revenue rose 15% to $8bn in the same period. Nike spent heavil...

eBay under pressure as hacks continue

Sep 22, 2014 at 22:26 | Source: BBC

Leading security researchers have called on eBay to take immediate action over dangerous listings, as the problem continues to put users at risk. The BBC has now identified more than 100 listings that had been exploited to trick customers into handin...

Dipika Pallikal could pull out of Asian Games due to 'manipulative draw'

Sep 12, 2014 at 10:40 | Source: FirstPost

Upset with the "manipulative"Asian Games singles draw, India's top squash player DipikaPallikal is "seriously considering" pulling out of theupcoming Incheon Games and possibly handing another setback tothe country's medals tally....

Squash star Dipika Pallikal could pull out of Asian Games due to 'manipulative draw'

Sep 11, 2014 at 21:45 | Source: FirstPost

Upset with the "manipulative"Asian Games singles draw, India's top squash player DipikaPallikal is "seriously considering" pulling out of theupcoming Incheon Games and possibly handing another setback tothe country's medals tally....

Man United predicts fall in profit after pitch woes

Sep 10, 2014 at 23:17 | Source: BBC

Manchester United is set to suffer financially as a result of a poor performance on the pitch. The football club predicts that profits and revenues will fall in 2015 after failing to qualify for the Champions League for the first time in 20 years. Th...

Nishikori loses US Open but wins hearts and $940,000 bonus

Sep 10, 2014 at 15:12 | Source: FirstPost

Japanese tennis sensation Kei Nishikori may have lost the US Open final, but he has won a $940,000 special bonus from a sponsor delighted about seeing its brand splashed across screens worldwide.Fast Retailing and its charismatic President Tadashi Ya...

IMF 'confident' Lagarde can continue despite investigation

Aug 30, 2014 at 04:17 | Source: BBC

The International Monetary Fund (IMF) has expressed confidence in its leader Christine Lagarde, despite her being investigated for negligence in France. Ms Lagarde, 58, has been questioned about her role in awarding compensation to businessman Bernar...

IMF chief charged with negligence part of graft probe in France

Aug 27, 2014 at 15:46 | Source: FirstPost

Paris: IMF chief Christine Lagarde, one of the world's most powerful women, announced Wednesday she had been charged with "negligence" over a multi-million-euro graft case relating to her time as French finance minister.The shock announceme...

Cambodia opposition gets more sway in new-look parliament

Aug 27, 2014 at 00:15 | Source: FirstPost

PHNOM PENH (Reuters) - Cambodia's opposition on Tuesday boosted its influence in a parliament long controlled by the ruling party, winning a deputy chairman post and assurances of greater legislative sway under a deal to end a year-long political imp...

From Lalitaji to Google reunion: 67 years, 67 great Indian ads

Aug 13, 2014 at 12:42 | Source: FirstPost

As we celebrate 67 years of Indias independence, the Internet age that we live in suggested a list. The 10 greatest Indian ads? The top 25 ads? There are no right answers, and here we go, with a list of 67 ads that make my cut. Its a list of just TV ...

Nike has most Europe football deals, Adidas the most lucrative - study

Aug 06, 2014 at 08:38 | Source: FirstPost

US sportswear group Nike will supply shirts to more teams in the top five European football leagues this season than Adidas, but the German firm has cornered the most lucrative clubs, a study showed on Wednesday.Sports marketing research group Repuco...

European firms count Russia sanctions costs

Aug 02, 2014 at 04:02 | Source: BBC

Around Europe, companies of all shapes and sizes are assessing the impact of the sanctions imposed by the EU this week following America's lead. Obvious candidates such as the targeted oil and banking sectors came under immediate pressure. Oil g...

Adidas scales back in Russia and issues profit warning

Aug 01, 2014 at 04:07 | Source: BBC

Shares in sportswear maker, Adidas, have tumbled after the company issued a profit warning and said it will open fewer stores in Russia than planned. The German sports equipment maker saw its shares fall 16% on Thursday, despite its recent lucky stri...

Germany and Russia's contradictory relationship

Aug 01, 2014 at 04:07 | Source: BBC

Germany and Russia have a more complicated relationship than perhaps any other pair of countries. It is full of contradictions and tugs in different directions. On the one hand, the Soviet Union liberated Berlin in 1945 but, on the other hand, then d...

Adidas to Lufthansa Reel as Russia Standoff Impacts Sales

Jul 31, 2014 at 19:23 | Source: Bloomberg

European companies ranging from Adidas AG (ADS) to Deutsche Lufthansa AG (LHA) said unrest between Russia and Ukraine is dimming prospects for growth as consumers trim spending and suppliers shy away from ordering equipment. Adidas scrapped ...

Adidas to Lufthansa Reel as Russia Standoff Impacts Sales

Jul 31, 2014 at 19:23 | Source: Business Week

Siemens Chief Executive Officer Joe Kaeser said, “Geopolitical tensions such as in the Ukraine and Middle East pose a serious risk for Europe's growth in the second half. If there will be more sanctions and escalation, it's clear th...

Manchester United seal mega $1.3 billion Adidas kit deal

Jul 15, 2014 at 10:27 | Source: FirstPost

Manchester United has secured the most lucrative kit deal in football, announcing that Adidas has agreed to pay $1.3 billion over 10 years to take over the sponsorship from Nike.The deal, worth 75 million pounds ($128 million) a year from 2015, was a...

Manchester United and Adidas in £750m deal over 10 years

Jul 14, 2014 at 18:52 | Source: BBC

Sportswear giant Adidas has signed a £750m deal to make Manchester United's kit for 10 years from next season. It comes after US rivals Nike decided to end their association at the end of the coming 2014-15 season. Nike have been paying United ...

Argentina Win Hands Adidas World Cup Win Before Final

Jul 10, 2014 at 15:59 | Source: Bloomberg

Adidas has soccer intertwined with its history dating back to World Cups in the 1950s, and this year it's again the tournament sponsor and match ball supplier. Argentina's World Cup victory over the Netherlands late yesterday puts the...

Argentina Win Hands Adidas World Cup Win Before Final

Jul 10, 2014 at 15:59 | Source: Business Week

Lionel Messi of Argentina in action against the Netherlands during their 2014 FIFA World Cup Brazil Semi Final match at Arena de Sao Paulo on July 9, 2014. Photographer: Ronald Martinez/Getty Images. Argentina's World Cup victory over the Net...

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