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)
Events
Top Stories
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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."
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All That Glitters
France now most successful sporting nation in Europe, Havas study finds.
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Spreading The Wealth
Euro 2020 will be held in 13 cities across the continent, UEFA says.
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A Big Market
Aussie Open ramps up marketing in China on heels of Li's success.
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A Helping Hand
SRU asks supporters for help in team's new kit design.
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Hitting A Roadblock
Ecclestone, Nürburgring end negotiations over financial differences.
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Teaming Up
Repucom has teamed with UFC to study brand's global effectiveness.
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Dropping Out
Australia's Nine Network pulls out of 2016 Olympic broadcast race.
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What's In A Name?
NRL's Sharks lose Toyota as their stadium naming-rights sponsor.
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Off The Air
The NRL season may kick off without a TV deal in New Zealand.
