Soccer Tournament News
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Eiffage SA lost money on building the state-of-the-art soccer stadium in Lille for the 2016 European championships. It’s banking on a return coming from outside of France.
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Japanese shares declined, with the Topix index deepening its correction, after Prime Minister Shinzo Abe’s speech on the country’s growth strategy disappointed investors and the yen strengthened.
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Monica Piaia’s catering company in downtown Cuiaba, the capital of the Brazilian grain-belt state of Mato Grosso, is doing so well that she has tripled her staff and acquired a third building since 2010 to handle a sixfold increase in demand.
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David Beckham’s publicist signed an image-rights agreement with Neymar that makes Brazil’s most- marketable soccer player the first client of his new sports investment group
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Brazil’s government has frozen 28 billion reais ($13.7 billion) in its 2013 budget as it tries to meet its primary surplus target, Finance Minister Guido Mantega said.
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Obayashi Corp., Japan’s biggest builder by market value, and Hamad Bin Khalid Contracting won a a 2.5 billion riyal ($687 million) contract to redevelop properties in the center of Qatar’s capital, Doha.
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The Rio de Janeiro stadium that will host next year’s soccer World Cup final is at the center of a dispute between a group of spectators who hold lifetime seats and the city that promised to give the sport’s governing body complete control over the facility.
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The Obama administration is setting out to help exporters get in on Brazil’s building boom even as it spars with the region’s biggest economy over high tariffs, rules favoring local companies and monetary policies.
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Carlsberg A/S, the world’s fourth- biggest brewer, said it will be the exclusive beer partner of the Chinese Super League, a soccer tournament, from next year through 2016.
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Katara Hospitality is in talks to buy “iconic” hotels in London and Rome as the unit of Qatar’s sovereign-wealth fund seeks to more than double its properties by 2030, said Chief Operating Officer Christopher R.J. Knable.
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