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  • Brazil's Petrobras to pay $3.25 million to aid troubled Games

    Brazil's Petrobras to pay $3.25 million to aid troubled Games

    By Jeb Blount RIO DE JANEIRO (Reuters) - Brazilian oil company Petroleo Brasileiro SA said on Wednesday it will spend 10.5 million reais ($3.25 million/£2.4 million) to buy marketing rights to the financially troubled Rio de Janeiro Paralympic Games. The decision allows Petrobras, as the state-controlled company is known, to become an official sponsor of the event about a week before it is set to begin on Sept. 7. Petrobras joins companies such as Toyota Motor Co , BP Plc , Visa and Samsung in getting marketing benefits in exchange for financial support. More »

    Reuters - 22 minutes ago
  • Paralympics-Brazil's Petrobras to pay $3.25 mln to aid troubled Games

    (Adds detail of additional funding for games from organizers) By Jeb Blount RIO DE JANEIRO, Aug 31 (Reuters) - Brazilian oil company Petroleo Brasileiro SA said on Wednesday it will spend 10.5 million reais ($3.25 million) to buy marketing rights to the financially troubled Rio de Janeiro Paralympic Games. The decision allows Petrobras, as the state-controlled company is known, to become an official sponsor of the event about a week before it is set to begin on Sept. 7. Petrobras joins companies such as Toyota Motor Co, BP Plc, Visa and Samsung in getting marketing benefits in exchange for financial support. More »

    Reuters - 30 minutes ago
  • Aubrey Modiba joins SuperSport United on four-year-deal

    Aubrey Modiba joins SuperSport United on four-year-deal

    Aubrey Modiba has joined SuperSport United on transfer deadline day More »

    Goal.com - 48 minutes ago
  • Op-Ed: Trump hit a home run with his meeting with Mexico’s president

    Trump just got a presidential-looking shot in the arm from perhaps the one foreign leader we least expected to give it to him, says Jake Novak — Mexico's president. More »

    CNBC - 54 minutes ago
  • What Kanye West's pro-McDonald's tweet did for the fast-food giant

    The rapper's proclamation that the fast food chain is his favorite brand made mentions jump 900 percent on Twitter. More »

    CNBC - 2 hours 0 minutes ago