The organizers of the European Championships are struggling to sell corporate-hospitality packages for the three-week soccer tournament, as competition from the London Olympics and the event’s location in Poland and Ukraine crimps demand.
MasterCard Inc., which has sponsored soccer’s Champions League for all but two of the competition’s 20-year history, would prefer an earlier kickoff time for the final to maximize the game’s global viewership.
Executives at China’s state- controlled oil producer Cnooc Ltd., plotting their nation’s largest foreign takeover, have been studying history for lessons from two dramatic failed mergers, said people with knowledge of the effort.
Reverend Steven Jamison recalls the February day 13 years ago when he was digging ditches to replace culverts at his Maranatha Faith Center in Columbus, Mississippi. As he switched from a shovel to an excavator, an oily black substance began to fill the trench. It smelled like turpentine, and the deeper he dug, the more he saw, Bloomberg Markets magazine reports in its June issue.