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Inquiry into 2006 Fifa World Cup scandal to cost German FA $3.83 million

Mar 07, 2016 at 19:40 | Source: FirstPost

Berlin, Germany:The German FA's (DFB) inquiry into the 2006 World Cup scandal is set to cost around 3.5 million euros ($3.83m), interim president Rainer Koch has revealed.Last October, German magazine Spiegel opened a can of worms by claiming the DFB...

Keep up the hard work, enjoy the game: Pranav Dhanawade gets signed bat from Sachin Tendulkar

Jan 07, 2016 at 17:20 | Source: FirstPost

Pranav Dhanawade - 15-year-old from Kalyan, Mumbai - shattered the world record for the highest individual score on Tuesday. A mammoth innings of 1009 saw Pranav become a star overnight as the likes of BBC, the Guardian carried articles on him. It wo...

With more than 2,000 brands on offer, Myntra eyes 10 fold rise in daily GMV during EORS on Jan 2-3

Dec 30, 2015 at 08:46 | Source: FirstPost

Bengaluru: Myntra, an e-commerce platform for fashion and lifestyle products, said it expects its daily GMV (gross merchandise value) to go up by 10 times during the "End of Reason Sale" (EORS) to be held on Jan 2-3.EORS will have a huge co...

IMF chief Christine Lagarde claims she is not guilty, will appeal French court's order to stand trial

Dec 17, 2015 at 22:13 | Source: FirstPost

Paris: International Monetary Fund chief Christine Lagarde has been ordered to stand trial in France over her role in a 2008 arbitration ruling that handed 400 million euros ($434 million) to French businessman Bernard Tapie.Lagarde, who was French f...

Make way Nike! After instant noodles, Baba Ramdev to now launch 'khadi' yoga wear

Nov 17, 2015 at 17:33 | Source: FirstPost

From a conception pill to organic toothpaste, instant noodles andayurvedic products,India's favourite Baba Ramdev has it all under his brand "Patanjali."The bearded, saffron-robe clad, limber Baba Ramdev known best for his yoga programme on...

Swiss prosecutors investigate 53 'suspicious' FIFA cases

Jun 17, 2015 at 18:38 | Source: FirstPost

Swiss prosecutors are investigating 53 cases of possible money laundering as they look into FIFA's handling of bids for the 2018 and 2022 World Cup bids, officials said Wednesday.Attorney general Michael Lauber said the "suspicious" cases h...

Usain Bolt calls 200m performance in New York worst of career

Jun 15, 2015 at 15:10 | Source: FirstPost

New York: The last time he competed in this stadium, Usain Bolt ran the fastest 100 meters in history.His typical bravado replaced by bewilderment, Bolt said after his uninspiring victory at the Adidas Grand Prix on Saturday he can't figure out why h...

Usain Bolt calls 200 performance in New York worst of career

Jun 15, 2015 at 13:52 | Source: FirstPost

New York: The last time he competed in this stadium, Usain Bolt ran the fastest 100 meters in history.His typical bravado replaced by bewilderment, Bolt said after his uninspiring victory at the Adidas Grand Prix on Saturday he can't figure out why h...

FIFA sponsors Adidas, Coca-Cola, Visa and McDonald's welcome Blatter's resignation

Jun 03, 2015 at 12:51 | Source: FirstPost

NEW YORK: For FIFA's top sponsors, the resignation of Sepp Blatter is just the first step in restoring the reputation of football's governing body and regaining the fans' trust following a corruption scandal.Blatter resigned as FIFA president Tuesday...

Blatter set to win new term despite soccer corruption scandal| Reuters

May 29, 2015 at 22:16 | Source: FirstPost

ZURICH World soccer boss Sepp Blatter was expected to be re-elected on Friday, defying growing calls for him to step down in the face of corruption scandals engulfing the sport's governing body.Addressing delegates at FIFA's annual Congress in Switze...

China slashes import tax on skincare to shoes to spark domestic demand| Reuters

May 26, 2015 at 00:45 | Source: FirstPost

SHANGHAI China will slash import tariffs on consumer goods including skincare products, Western-style clothes and diapers from June, potentially giving a fillip to global brands and bolstering domestic consumption amid faltering economic growth.The ...

Still no reforms for migrant workers' conditions in Qatar, says Amnesty International

May 21, 2015 at 15:42 | Source: FirstPost

Dubai: Qatar is failing to deliver on reforms for its migrant workers a year after the wealthy Gulf nation announced plans to improve conditions for low-paid labourers building its highways, hotels, stadiums and skyscrapers, Amnesty International has...

Adidas says will not renew NBA contract

Mar 17, 2015 at 14:40 | Source: FirstPost

Sportswear group Adidas AG will not renew its contract to supply kit to the US National Basketball Association (NBA), saying it feels it would be better to invest its money in new products and players.Adidas has been losing market share in the United...

What acquisition? InMobi CEO Naveen Tewari talks of IPO, not sell-out

Mar 12, 2015 at 16:54 | Source: FirstPost

Rubbishing a news report of an imminent takeover, InMobi chief executive Naveen Tewari today made it clear that the Mountain View-based global search engine Google is not contemplating to buy out the Indian firm.The Economic Times carried a news repo...

Clothes retailers accused of labour abuses in Cambodia

Mar 12, 2015 at 13:17 | Source: BBC

Several High Street and high-end fashion brands have been implicated in a report on labour abuses in Cambodia. Human Rights Watch says it has uncovered alleged abuses at Cambodian garment factories that supply Marks Spencer, Gap, H M, Adidas and Arma...

Is Google looking to buy Indian startup InMobi to improve its advertising platform?

Mar 11, 2015 at 13:44 | Source: FirstPost

Google is looking to buy Indian startup and mobile advertising network InMobi, says a report in Economic Times.The report says that InMobi which has been looking at a valuation of over $2 billion, had not quite managed to raise funds in the last roun...

Adidas sees sales, profit growth as golf business recovers

Mar 05, 2015 at 13:45 | Source: FirstPost

BERLIN (Reuters) - German sportswear company Adidas expects robust sales growth in 2015 as its golf business improves and consumer confidence recovers, while net profit should rise faster still despite exchange rate hits and higher marketing spending...

Beat that! Kanye West's fashion line for Adidas inspired by 2011 London riots

Feb 19, 2015 at 08:26 | Source: FirstPost

Los Angeles: Rapper Kanye West says his Adidas range was inspired by the London riots.The Black Skinhead rapper has revealed the reason he wanted to collaborate with the sports brand was to make fashionable clothing more readily available to people w...

Why Manchester United didn't sign anyone in transfer window

Feb 03, 2015 at 16:43 | Source: FirstPost

So Manchester United didn't sign anyone (significant) in the January transfer window despite being linked with Mats Hummels, Marquinhos, Aymeric Laporte, Nemanja Vidic, Diego Godin and every other well-performing centre back at a well known club. Th...

The casualties of Russia's decline

Dec 19, 2014 at 21:06 | Source: BBC

In the 21st Century, no economy is an island, entire of itself. But as Russia looks likely to enter a deep recession - fuelled by plummeting oil prices and the plunging rouble - the West has remained sanguine about the potential impact on global fina...

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