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London Olympics 2012

  • For Retailers, Where's the Olympic Gold? Wednesday, 1 Aug 2012 | 12:44 PM ET
    London Spectators at Olympics

    With the Jubilee followed by the Olympics it is good to be British this year. So does that must mean its good to be a retailer in the U.K. this year? Not exactly.

  • How the Wealthy Get to the Games Tuesday, 31 Jul 2012 | 8:18 AM ET
    London Bridge

    For those who can afford the $1,600 fare, getting to the Olympics means a quick ride on a yacht up the Thames.

  • Games Turn London Into 'Ghost Town' Tuesday, 31 Jul 2012 | 4:15 AM ET

    The Olympics is creating a “ghost town” effect in central London as visitors who would normally flock to the capital’s shops, hotels and theatres stay away, casting doubt on expectations of a short-term economic boost from the games.

  • The Real Time Worth of a Gold Medal Thursday, 2 Aug 2012 | 8:14 AM ET
    Gold coins and bar

    Contrary to what the name might suggest, there's actually not that much gold in a gold medal. While the medal's design is different for every Olympics, it must adhere to guidelines set by the Olympic Charter.

  • London Pubs and Brews Hope for Olympic Boost Friday, 27 Jul 2012 | 3:25 PM ET

    Six items that have consumers buzzing in the world of beer, wine and spirits as we head into this Olympics weekend, including the official Olympic wine, a special 1908 Pale Ale and a "performance-enhanced" beer from Brew Dog.  

  • British Double Olympic Gold Medalist Rebecca Adlington shows her medals from the 2008 Summer Olympics held in Beijing, China.

    Precious metal prices have fallen sharply from last year’s highs, but that certainly won't dampen Olympic athletes' spirits when they receive the prized medals in London.

  • What Olympic Athletes Can Teach Entrepreneurs Friday, 27 Jul 2012 | 12:16 PM ET
    Athlete and Businessman

    From negative thinking to burnout, entrepreneurs can take cues from Olympic athletes. What leadership skills can you learn from professional athletes?

  • Michael Phelps is as close to a living Olympic legend as you can get. He's won 16 Olympic medals, including eight golds in the 2008 Beijing Games.  But what about his brand and earning power if he loses at the 2012 Games?

  • Romney Comment on Olympics Riles Britain Thursday, 26 Jul 2012 | 1:14 PM ET
    Mitt Romney leaves 10 Downing Street after meeting with British Prime Minister David Cameron.

    Mitt Romney causes a stir in Britain by questioning whether the country is prepared to host the Olympics without a hitch and scheduling a fundraiser with the former head of a troubled bank.

  • Super-Yachts Crowd London's Docks for Games Thursday, 26 Jul 2012 | 9:56 AM ET
    The 414ft luxury yacht 'Octopus' owned by Microsoft co-founder, Paul Allen, is moored in South Quay on the Isle of Dogs on July 23, 2012 in London, England.

    Led by Microsoft founder Paul Allen, the super-rich have brought their supersized boats to serve as party platforms and traffic-beating transportation during the Olympics.

  • Kate Middleton's Parents Draw Olympic Scrutiny Tuesday, 24 Jul 2012 | 4:24 PM ET
    Michael Middleton and Carole Middleton

    A web site run by in-laws of Prince William faced allegations that it violated the Olympic copyright protection act for selling hundreds of Olympic themed items under a section of the site called “Celebrate the Games.”

  • Heathrow International Airport

    Five years of planning. 150 rehearsals this year alone. Fifty staffers dedicated to nothing but preparations for the Olympic Games. These measures aren’t cheap, but Heathrow Airport is hoping the long-term benefits of being the official host airport for the London 2012 Olympic and Paralympic Games outweigh the near-term costs.

THE GAMES

  • Could Drought Hamper Olympics? Friday, 2 Mar 2012 | 6:09 AM ET
    2012 Olympic Rings Unveiled at St Pancras International Station

    Concerns have arisen about water supply and possible restrictions to water usage to the London region as the Olympics get underway this summer after the government declared the region was officially suffering from a drought.

  • Quitters Never Win Sponsorship Game Wednesday, 21 Dec 2011 | 7:01 AM ET
    Tower Bridge and City of London financial district

    Olympic sponsorship must be a long-term commitment and the cost will almost certainly outweigh the benefits if it is not partnered with "œactivation" or marketing activities such as the launch of a new product, experts say.

  • Is Investing in Infrastructure Profitable?     Friday, 6 Jan 2012 | 3:40 AM ET

    Stuart Corbyn chairman of Qatari Diar Delancy, told CNBC, "we have made this investment because we believe it is a worthwhile investment in the long-term, it is an exciting area and it will be even more exciting in the years gone by."

  • Games Employ 40,000 in Construction Wednesday, 28 Dec 2011 | 1:33 AM ET
    A detailed view of the prototype design of the new golden Olympic torch during its unveiling at St Pancras Station on June 8, 2011 in London, England. 8,000 torchbearers will carry the Olympic Flame around the UK during the 70-day relay, which starts at Land's End in Cornwall on May 19, 2012.

    Ten percent of the 40,000 construction workers employed for the 2012 Olympic Games were previously out of work, according to a report by the Olympic Development Authority (ODA).

  • London Looks for Men With Rhythm     Friday, 6 Jan 2012 | 4:40 AM ET

    Anchors Steve Sedgwick and Geoff Cutmore display their rhythmic skills ahead of London 2012.

  • London Transport Troubles Feared Friday, 2 Dec 2011 | 11:17 AM ET

    With an extra three million journeys a day on London’s already crowded public transport system expected during the three weeks of the 2012 Olympics, London's commuters could have more to moan about.

THE COMPANIES:

  • Summer Olympics Earn Nike a "Buy" Friday, 23 Mar 2012 | 2:48 PM ET

    While the reaction to Nike’s third-quarter earnings were mixed, Sam Poser of Sterne Agee contends the Olympic summer games will send shares back up.

  • Olympics Energy Firm Sees Growth     Friday, 9 Mar 2012 | 3:45 AM ET

    Rupert Soames, CEO of Aggreko, told CNBC, "Europe did better than one might think, our revenues in continental Europe were up 12 percent, but as a group the underlying revenue growth was up 22 percent because we had a huge year in 2010 for major sporting events."

  • Will Games Benefit UK Companies?     Friday, 29 Oct 2010 | 6:50 AM ET

    A Deloitte survey shows that two-thirds of large companies expect no impact from the London Olympics. “Businesses need to look and plan now,” Sally Atkins, program director for London 2012 at Deloitte told CNBC.

  • Benefiting from the Olympic Games     Friday, 5 Nov 2010 | 7:50 AM ET

    “We’ve seen our turnover double in the last year,” Adam Cash, director of Touch of Ginger told CNBC as the small business joins others to benefit from the Olympic Games.

  • Opportunity at Westfield Games Site     Friday, 10 Sep 2010 | 6:50 AM ET

    “This is a regeneration of a new metropolitan center for London and East London…we’re really there because of the market fundamentals. We see East London as a huge opportunity,” Westfield Europe managing director Michael Gutman told CNBC.

  • Links of London Looks to Olympics     Friday, 3 Sep 2010 | 6:50 AM ET

    Links of London unveiled two new collections as part of its role as an official licensee of London 2012 Olympics. Xenia Carr-Griffiths, president EMEA of Links of London, spoke to CNBC about the collections.

THE COUNTRY

  • Olympics Under Budget: UK Minister Tuesday, 28 Feb 2012 | 8:40 AM ET

    Preparations for London’s 2012 Olympic Games remain on time and under budget, the UK’s Minister for Sport and the Olympics said in a quarterly report released on Tuesday, with more than 500 million pounds ($793 million) of contingency funds as yet untouched.

  • Cyber Attack Top Threat for Olympics? Monday, 6 Feb 2012 | 6:32 AM ET
    2012 Olympic Rings Unveiled at St Pancras International Station

    Terrorists combining a cyber attack with physical violence are the biggest security threat facing the 2012 Olympics, a digital forensics expert told CNBC.

  • Olympics to Showcase Britain     Friday, 12 Nov 2010 | 6:50 AM ET

    The London 2012 Olympics can be used to showcase Britain and attract foreign visitors, Patricia Yates, director of strategy and communications at VisitBritain, told CNBC Friday.

NEED TO KNOW

  • Homeowners Cash In on Games Friday, 3 Feb 2012 | 7:14 AM ET

    London is home to some of the world's most opulent hotels, but with five-star rooms in short supply during the Olympic Games this summer; wealthy visitors are increasingly turning to private homes to meet their accommodation needs.

  • London’s Luxury Olympic Rentals Friday, 24 Feb 2012 | 12:18 PM ET
    London is home to some of the world's most opulent hotels, but with five-star rooms in short supply during the Olympic Games this summer, wealthy visitors are increasingly turning to private homes to meet their accommodation needs.An estimated 500,000 extra visitors will travel to London for the Olympic Games this year, and with the majority of city's top hotels fully booked or charging extortionate rates for their very best rooms, renting a beautiful home in one of London's most desirable distr

    London is home to some of the world's most opulent hotels, but wealthy visitors are increasingly turning to private homes to meet their accommodation needs. Here are some of the best.

  • Visitors Flock to Londoners' Homes     Friday, 10 Feb 2012 | 3:47 AM ET

    Greg Marsh, co-founder and CEO at One Fine Stay, told CNBC, "we describe ourselve as being half way between a boutique hotel and a holiday letting agency, in a sense that we take peoples private homes while they are out of town and make them available as an alternative to a hotel for visitors into the city."

  • Cleaning Up the Olympics     Friday, 7 Aug 2009 | 6:50 AM ET

    Clean Event Property Services Group provides cleaning and waste management services to the sports and leisure industry around the world. The group has provided their services at 4 Olympic Games. Tom Gibbons from CE Property Services Group told CNBC the project is very big and detailed.

  • Progress on Olympic Stadium     Thursday, 12 Aug 2010 | 10:00 AM ET

    Progress is well underway on the 2012 Olympic Stadium. "Weâ??re 70% completeâ?¦this time next year weâ??ll be handing over all these facilities to Seb Coe and his team so that they can start their trial events," John Armitt, chairman of the Olympic Delivery Authority, told CNBC.

  • Golf, Rugby Sevens the New Olympic Sports     Friday, 9 Oct 2009 | 6:50 AM ET

    Golf and rugby sevens have been added to the Olympic schedule for the 2016 Games in Rio de Janeiro, the International Olympic Committee (IOC) said on Friday. Mike Laflin, chief executive of SportCal, discusses how the sports will fare if they are included.

  • London Olympics: 1,000 Days to Go     Friday, 30 Oct 2009 | 7:50 AM ET

    Saturday marks the start of the 1,000-day countdown period until the London 2012 Olympics. Jonathan Edwards CBE, Olympic Triple Jump gold medalist & LOCOG Board member, and Suzi Williams from BT look ahead to the games.

  • London Olympics on Track: CEO     Friday, 31 Jul 2009 | 8:20 AM ET

    Monday marked the 3-year mark for the London 2012 Olympic Games. "Things are very much on track," Paul Deighton, CEO of LOCOG, said. While the infrastructure has been paid for by the taxpayer, the cost of running the Games is funded privately through ticket and merchandise sales and raising sponsorships, he added.

Slideshows

  • Items Prohibited or Restricted at the Olympics Wednesday, 25 Jul 2012 | 3:07 PM ET
    Although the athletes on the playing surface may be sporting them, that doesn’t mean spectators should feel free to bring bicycles, folding bikes, roller-skates or skateboards into venues. They’re too large to fit under a seat or on a lap, and would certainly be a nuisance to others. Biking is popular in London, so an announced ban on non-folding bicycles on trains during the Olympics was lifted

    So what are some of the prohibited and restricted items in 2012 Olympic venues? Click ahead for some of the most interesting examples.

  • The 11 Global Olympic Sponsors Thursday, 19 Jul 2012 | 3:38 PM ET
    McDonalds has been an Olympic Sponsor since 1976 and their current agreement extends their sponsorship through 2020. Even before they were a sponsor McDonalds was supporting Olympic athletes by flying food to the athletes at the 1968 games in Grenoble, France. This year four temporary McDonalds have been built throughout Olympic Park staffed by over 2000 people ready to serve the athletes, coaches, spectators, for all 19 days of the games. Also, if any other food venue wants to serve fries they

    Who has a stake in the games? Some big name sponsors for sure. Eleven of the 2012 Olympic Game sponsors belong to the TOP Program.

  • Part-Time Athletes Thursday, 3 May 2012 | 5:22 PM ET
    On January 29, 2012, the New York Times ran a  about Greek Olympic athletes. The nation’s debt crisis has forced Greece to implement austerity measures, which affected its ability to fund its athletes’ training.Their stipends are chronically late, their training centers have closed and their coaches aren’t being paid. It’s a surreal situation for the birthplace of the Olympics to find itself in.As in Greece, the governments of many other countries throughout the world have financed the athletic

    Many countries finance their Olympic competitors, but not the United States, where athletes fund their own training.

  • London’s Luxury Olympic Rentals Friday, 24 Feb 2012 | 12:18 PM ET
    London is home to some of the world's most opulent hotels, but with five-star rooms in short supply during the Olympic Games this summer, wealthy visitors are increasingly turning to private homes to meet their accommodation needs.An estimated 500,000 extra visitors will travel to London for the Olympic Games this year, and with the majority of city's top hotels fully booked or charging extortionate rates for their very best rooms, renting a beautiful home in one of London's most desirable distr

    London is home to some of the world's most opulent hotels, but wealthy visitors are increasingly turning to private homes to meet their accommodation needs. Here are some of the best.

  • Olympic Cities: Booms and Busts Thursday, 19 Jan 2012 | 7:14 AM ET
    Now only six months away, excitement is ramping up for the London 2012 Olympics. Yet aside from putting on enjoyable Games, the spectacle, the sporting glory and the number of gold medals team Great Britain can win, London must contend with the legacy the Olympics leaves behind. This cannot be measured purely by cost alone but by the benefits or problems for the city the Games leave in their wake.The finest Olympics revitalize rundown districts, inspire young people into sport and leave a city w

    Besides putting on a stunning spectacle starting in late July,London must contend with what the Olympic Games leave behind.

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