The US Olympic Committee is going after companies who are not official sponsors, claiming those companies cannot use official social media hashtags like #Rio2016 or #TeamUSA. » Read More
Unemployment recently hit a 15-year high in the UK, inflation is hovering around 5 percent and economic growth is barely advancing, leaving many to wonder whether hosting an expensive event like the 2012 Olympic Games with taxpayers’ money will bring benefits for a nation already tightening its belt.
Between May 18 and July 27, the Olympic Flame will come to within just 10 miles of 95 percent of the population of the UK, visiting iconic landmarks including Loch Ness and Stonehenge and…Walford, the fictional London borough home to Eastenders, one of Britain’s most popular soap operas.
Many athletes who lost their earning power couldn’t keep up with their mortgage payments and were faced with foreclosure. Click to see the list of athletes with foreclosed homes.
The Olympic Village has been sold to a Qatari-backed consortium for 557 million pounds ($906 million), in a deal that sets out the long-term development of one of the key assets of the Olympic Park.
Anger is mounting in India at the appointment of Dow Chemical as a 2012 Olympics sponsor, marking the fiercest criticism yet of the London committee’s sponsorship programme. The FT reports.
What are some of the more notable products available on the market today that are said to enhance athletic performance? Click ahead and find out.
What are some of the sports contracts that had terrible consequences for the teams that wrote them? Click and find out.
London has been waiting for the Olympics since they were awarded to the UK's capital by the International Olympics Committee in 2005.
The definition of the word “sport” is wide and includes activities that nobody should be disqualified from participating in simply because they lack an Adonis-like physique.
Age is just a number. Unfortunately, this axiom doesn’t always apply when it comes to professional sports. Who are the 10 most notable athletes still active after the age of 40?
PyeongChang was the prohibitive favorite, not only because it has been through this bidding rodeo unsuccessfully twice before, but because they took the unique step of moving ahead with venues well before they were even declared winners.
The British Olympic team is perhaps the only one in the world that relies entirely on non-government sponsorship, but it is on track to have athletes competing in every Olympic sport at the London 2012 Games, Andy Hunt, chairman of the British Olympic Association told CNBC.
NBC/Comcast won the rights to the 2014, 2016, 2018 and 2020 Olympic Games on Tuesday. The price? $4.38 billion. That's $64.41 million per Olympic broadcast day. That's a lot of money to make up. Can they do it?
Officials with knowledge of the decision say NBC has retained the U.S. Olympic television rights in a four-games deal through 2020 worth more than $4 billion.
CNBC's Darren Rovell reports NBC will get the rights to a new four-game Olympic Games deal. Discussing OPEC's impact on shippers, with Urs Dur, Lazard Capital Markets, and the Fast Money traders weigh in on today's trades to play.
Dick Ebersol, the head of for the last 22 years, left the network on Thursday after he could not come to terms on a new contract.
Not only are hordes of internatonal tourists visiting the big name cities, a new generation of domestic travelers are discovering China's second- and third-tier cities.
CNBC's Michelle Caruso-Cabrera takes a look at Brazil's efforts to build a stadium for the 2014 World Cup, and expand its infrastructure before the 2016 Olympics.
"In the past, Brazil's reach has always exceeded its grasp," says one former U.S. official. "It always saw itself as a leader, but has been frustrated that the world saw it another way. The Brazilian economy is developing to the point where it does have the global heft that people have to take it seriously."
Doping is the most serious threat to the integrity of next year's London Olympic Games, British Minister for Sport and the Olympics Hugh Robertson said on Thursday.