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NBC expects 15 percent increase in ad revenues for Rio Olympics

  Bloomberg NBC expects to sell at least 15 percent more advertising for the Rio Olympics next month than it did during the London games in 2012, benefiting from having more live events in prime time. Comcast Corp.’s NBCUniversal has deals with more than 100 Olympics advertisers, Seth Winter, executive vice president of sales at NBC Sports, said at a ...

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International tribunal rules against Beijing in South China Sea dispute

  The Hague / AFP An international tribunal ruled on Tuesday against China’s claims it had “historical rights” in the South China Sea in a bitter dispute that risks further stoking regional tensions. Manila — which had lodged the suit against Beijing —welcomed the decision by the Permanent Court of Arbitration but Beijing reacted furiously, saying it “neither accepts nor ...

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EU head cautions China to respect int’l system

  Beijing / AFP European Union President Donald Tusk on Tuesday cautioned China to respect the international system, as the world’s second-largest economy finds itself locked in disagreements over maritime law and global trade practices. His comments preceded a judgement from a UN-backed tribunal declaring that China had no “historic rights” in the strategically vital South China Sea, a ruling ...

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