Quote of the Day

"Six months on, the Olympic legacy is in tatters"
-- British Shadow Education Secretary Stephen Twigg on claims the government has failed to build on London Games to improve children's fitness. (TELEGRAPH, 1/27)
Monday January 28, 2013 Vol. 1 — No. 159 Print This Issue

Top Stories

  • Staying Afloat

    Chinese sportswear company Li Ning "sent its shares tumbling by revealing it needed to raise more money to complete a restructuring plan," according to Patti Waldmeir of the FINANCIAL TIMES. Its share price sank 14.7% on Friday after the company said that it plans to issue convertible securities worth up to HK$1.87B ($241M) to provide capital for restructuring and business development, "as it tries to reverse a two-year slide in its performance." The securities are convertible into one share at HK$3.50 ($0.45) each and "will be offered to shareholders for every two existing shares held."

  • All That Glitters

    France now most successful sporting nation in Europe, Havas study finds.

  • Spreading The Wealth

    Euro 2020 will be held in 13 cities across the continent, UEFA says.

  • A Big Market

    Aussie Open ramps up marketing in China on heels of Li's success.

  • A Helping Hand

    SRU asks supporters for help in team's new kit design.

  • Hitting A Roadblock

    Ecclestone, Nürburgring end negotiations over financial differences.

  • Teaming Up

    Repucom has teamed with UFC to study brand's global effectiveness.

  • Dropping Out

    Australia's Nine Network pulls out of 2016 Olympic broadcast race.

  • What's In A Name?

    NRL's Sharks lose Toyota as their stadium naming-rights sponsor.

  • Off The Air

    The NRL season may kick off without a TV deal in New Zealand.

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