Quote of the Day

"It's an extraordinary career. The greatest Indian ever to wield a cricket bat."
-- Indian politician and author Shashi Tharoor, on cricket player Sachin Tendulkar, who announced he was retiring next month. (FINANCIAL TIMES, 10/10)
Friday October 11, 2013 Vol. 2 — No. 87 Print This Issue

Top Stories

  • Pulling Out Of Race

    WPP CEO Martin Sorrell said the ad giant can't afford an IMG bidding war.

    Advertising agency WPP has ruled itself out of the running for IMG, believing its rumored $2.5B price tag is too high to justify a bid, while WPP CEO Martin Sorrell believes the sports sponsorship market is being undermined by the short shelf life of senior execs. Sorrell, speaking at Thursday’s Leaders in Football conference in Chelsea, ruled out WPP from making a bid for IMG, saying “We would love to own IMG,” but when asked if WPP was bidding, Sorrell responded "No, we can’t afford it."

  • Hungry For More

    Upstart BT Sport is getting ready to bid for Champions League rights.

  • Italian Design

    Serie A club AC Milan signs kit deal with adidas through '23.

  • Standing Down

    India's greatest cricket player Tendulkar to hang up his bat next month.

  • Making A Deposit

    Saxo Bank steps in to keep Riis Cycling, Contador going for '14 season.

  • An Own Goal

    Hertha Berlin ordered to pay ex-goalie $555K to settle contract dispute.

  • A Quick Study

    Brazil anti-doping authority racing to get lab ready in time for Games.

  • Building Costs

    Architects earned £400M in public money for designing 2012 London venues.

  • Under Control

    FIFA confident in World Cup security despite protests, Valcke says.

  • Youth Movement

    Nike targets teens to improve standing in Indian market.

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