News: Finance
Global tourism industry economic contribution grows faster than its environmental impact
The World Travel & Tourism Council’s (WTTC) 24th Global Summit is underway in Perth and has revealed a significant decrease in tourism’s climate footprint emissions. A key…
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Asian volleyball competitions attracted US$38 million in sponsorship in 2023
Asia’s elite volleyball competitions generated US$38.4 million in sponsorship, making it the 11th ranked regional sport sponsorship platform - despite volleyball accounting for only…
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New study indicates brand investment as crucial to women’s football development
A study into women’s football from international payments network Visa, has found 70% of fans believe brands help boost the visibility of the game with 67% believing that brands are…
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Chinese Football Association gives 43 players and officials life bans for match-fixing
Following a two-year investigation into match-fixing and gambling, the Chinese Football Association (CFA) has banned 38 players and five club officials for life. As reported by the Xinhua…
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Report indicates initiative to financially support Test cricket
An Australian-led initiative aimed at retaining top players in Test cricket is likely to be adopted by the International Cricket Council (ICC). As reported by the Sydney Morning Herald,…
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Legends completes ASM Global takeover
Sport, entertainment and venues service provider Legends has announced the completion of its US$2.3 billion acquisition of ASM Global, to create what it calls “the world’s…
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Vivaticket continues international growth with new acquisition
Italian ticketing company Vivaticket has consolidated its presence in Spain with the acquisition of Tecteltic On-line SL, a Madrid-based ticketing operator with an innovative cashless…
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Planet Fitness exceeds expectations with new Chief Executive at the helm
Global fitness franchise, Planet Fitness, has posted strong results for the second quarter of 2024 with its share prices having risen by more than 11%. Revenue rose by 5.1% on the previous…
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