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Business 07 Jan 2017 | 12:00 AM

2016 global ad revenue increased to US$532bil

BIG brand budgets and quadrennial events such as the Olympics, European Football Championship and the US presidential election will drive 2016 global advertising revenue growth to US$532bil.

Business 26 Jul 2012 | 12:00 AM

UK economy worsens

LONDON: Britain’s economy shrank by a worse-than-expected amount in the second quarter, official data showed, as recession tightened its grip on the eve of the London Olympics.

Business 23 May 2019 | 12:00 AM

Toyota’s Japan Taxi becomes an expensive Olympic symbol

TOKYO: Toyota Motor’s Japan Taxi, born in a government committee and designed to be an all-things-to-all-people cab, has become a high-priced icon of Tokyo’s budget-busting 2020 Olympic and Paralympic Games.

Auto 16 Jun 2017 | 12:00 AM

Robotics startup ZMP partners Tokyo taxi company

TOKYO: Japanese robotics maker ZMP Inc has partnered with a taxi operator in Tokyo, as part of its plans to launch a self-driving taxi in the city in time for the 2020 Olympics, CEO Hisashi Taniguchi said.

Business 10 Dec 2011 | 12:00 AM

Ad markets to outperform the economy next year, says Zenith

LONDON: The global advertising market is forecast to grow at a faster rate than the world economy in 2012, due to key factors such as the United States presidential election and the London Olympics, although expections have slipped in recent months.

Business 10 Sep 2008 | 12:00 AM

China remains major real estate powerhouse

China will remain a major real estate powerhouse even after the Beijing Olympics and despite the backdrop of weaker property prices, according to Hang Lung Properties Ltd.

Business 19 Aug 2008 | 12:00 AM

Liu Xiang pullout a blow to advertisers

BEIJING (AP): Hurdler Liu Xiang's surprise departure from the Olympics was a blow to advertisers including Coca Cola and Nike that made the 25-year-old hurdler a star of campaigns aimed at Chinese consumers.

Business 16 Aug 2013 | 8:52 AM

BHP Faces Possible U.S. Anti-Corruption Enforcement Action

MELBOURNE: BHP Billiton said on Friday U.S. authorities have laid out grounds for possible enforcement action against the top global miner for corrupt practices, stepping up a four-year probe linked partly to its 2008 Olympics sponsorship.

Business 29 Jan 2014 | 11:26 AM

US industry summary

Comcast Corp's NBC network, for years a ratings laggard, is ahead in a key contest among broadcasters even before it attracts millions of viewers this month to its marquee event, the Winter Olympics.