Grand Magal in Touba honors Cheikh Ahmadou Bamba, attracts millions of pilgrims
14/08/2025
Beijing: First world humanoid robot games kicks off
china
14/08/2025
Israeli far-right minister backs contentious West Bank settlement plan
14/08/2025
Hong Kong court to hear closing arguments in mogul Jimmy Lai's trial
14/08/2025
Serbia: Clashes erupt for a second day at anti-government protests
14/08/2025
Wildfires kill at least 3 and displace thousands across southern Europe
14/08/2025
DR Congo: US sanctions armed group, mining firms
14/08/2025
Last chance saloon for global plastic pollution treaty
14/08/2025
US places $5 million reward for top Haiti gang leader's arrest
14/08/2025
French animal shelters see surge in heatwave cases
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LeMonde
2 hours ago
- LeMonde
LA28 will break from tradition and sell naming rights for Olympic venues
Organizers of the Los Angeles 2028 Olympics will sell naming rights for some competition venues to "unlock an additional revenue stream" in a move that breaks with Games tradition of forbidding brand names on stadiums and arenas. In a statement released on Thursday, August 14, LA28 organizers said the "landmark change" will apply to featured venues in support of the "largest commercial revenue raise in sports". "From the moment we submitted our bid, LA28 committed to reimagining what's possible for the Games," LA28 chairperson and president Casey Wasserman said in a statement. "Today's historic announcement delivers on that promise, creating the first-ever venue naming rights program in Olympic and Paralympic history while advancing LA28's mission of a fully privately funded and no-new-build Games." Contracts are already in place with automaker Honda, an LA28 sponsor which already has the naming rights for the Anaheim, California, arena that will host volleyball, and with media and technology company Comcast – which will have its name on the temporary squash venue. As previously announced, Peacock Theater in downtown Los Angeles will host boxing and weightlifting. Wasserman said the "groundbreaking partnerships" will generate revenue beyond what is already budgeted and "will introduce a new commercial model to benefit the entire (Olympic) movement". "We're grateful to the International Olympic Committee (IOC) for making this transformation possible," he added. Naming rights for up to 19 temporary venues will be available, with the IOC's sponsorship partners and LA28 partners having a chance to put their names on Games venues. Companies that already have their names on such Olympic venues as SoFi Stadium and Arena "will have the opportunity to keep existing venue naming rights during Games time", Wasserman indicated. "Clean venue" policies that prohibit advertising on the field of play will still apply.
Euronews
3 hours ago
- Euronews
EU urges China to drop sanctions on two Lithuanian banks
The European Union called on China to revoke sanctions imposed on two Lithuanian banks in retaliation for EU penalties on Chinese lenders linked to Russia's war in Ukraine. Beijing announced the measures this week against Urbo Bank and Mano Bank despite the fact that these Lithuanian banks do not operate in China, giving Beijing's move a largely symbolic character. Nonetheless, the tit-for-tat measures underscore the deepening divide between Brussels and Beijing over China's support for Russia in its war on Ukraine. At EU headquarters in Brussels, European Commission spokesperson Olof Gill defended the bloc's sanctions on Chinese banks. China 'must respect the problems we have identified,' Gill said. 'Our sanctions are the centrepiece of our efforts to minimise the effectiveness of the Russian war machine.' He said the Commission does not believe that the Chinese countermeasures 'have any justification or are evidence-based, and therefore we call on China to remove them even now.' EU sanctions on Russia's war in Ukraine The EU's latest Russia sanctions package, adopted in July and effective 9 August, included Heihe Rural Commercial Bank and Heilongjiang Suifenhe Rural Commercial Bank. The bloc accused them of providing crypto-asset services that help Moscow evade restrictions. In explaining its sanctions on the Lithuanian banks, the Chinese Ministry said the EU sanctions on Chinese firms had "a serious negative impact on China-EU economic and trade relations and financial cooperation.' The banks and the government in Lithuania said the sanctions were not expected but would likely have little practical impact. 'According to the preliminary assessment, this decision will not have a significant impact on either the country's financial system or the activities of the banks themselves, since the business models of the mentioned banks are focused on the local market,' the Bank of Lithuania said on Wednesday in a statement. Marius Arlauskas, the head of administration at Urbo Bank, also said that 'since we do not have any business partnerships with Chinese individuals or legal entities, the sanctions will have no impact on the activities of Urbo Bank and the implementation of prudential regulations." Why has China targeted Lithuania? The Baltic nation has drawn China's ire for years. Beijing expelled Lithuania's ambassador in 2021 in response to Lithuania allowing Taiwan to open a liaison office in Vilnius, the Lithuanian capital. China regards Taiwan as a breakaway province and prohibits other countries from having formal ties with Taipei. Taiwan has long sought closer relations with the Baltic states, citing their past experiences under authoritarian rule and embrace of multiparty democracy and liberal values. In 2024, Lithuania expelled Chinese diplomats after a Chinese ship came under suspicion during an investigation into the severing of two undersea data cables. One runs under the Baltic Sea between Lithuania and Sweden.
France 24
4 hours ago
- France 24
France: Brittany launches new sailboat service to Isle of Groix
01:41 14/08/2025 Grand Magal in Touba honors Cheikh Ahmadou Bamba, attracts millions of pilgrims 14/08/2025 Beijing: First world humanoid robot games kicks off china 14/08/2025 Israeli far-right minister backs contentious West Bank settlement plan 14/08/2025 Hong Kong court to hear closing arguments in mogul Jimmy Lai's trial 14/08/2025 Serbia: Clashes erupt for a second day at anti-government protests 14/08/2025 Wildfires kill at least 3 and displace thousands across southern Europe 14/08/2025 DR Congo: US sanctions armed group, mining firms 14/08/2025 Last chance saloon for global plastic pollution treaty 14/08/2025 US places $5 million reward for top Haiti gang leader's arrest
