News: Finance

Commonwealth Games loses potential 2030 host and considers one year delay for 2026 edition

Influenced by the Victorian Government’s decision to relinquish hosting of the 2026 Commonwealth Games and citing rising costs, the Canadian province of Alberta has pulled out of the…

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Aug 7, 2023 Finance / Sport / Venues /

 
 

Australian Government commits $5.5 million to boost Papua New Guinea pathway to NRL

The Australian Government’s ongoing sporting diplomacy among its neighbours in Oceania has seen Federal Minister for International Development and the Pacific Pat Conroy announce a…

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Jul 24, 2023 ByNigel Benton Finance / Government / Sport /

 
 

UFC Gyms silent on demise of Australian master franchisor but still looking for global expansion

The recent financial and legal troubles of UFC Gyms in Australia have not raised any form of comment from the Newport Beach, USA-based headquarters of the global franchise or from fitness…

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Jul 21, 2023 ByNigel Benton Finance / Fitness / Legal /

 
 

China’s biggest online fitness platform Keep Inc begins trading in Hong Kong

Beijing-based company and China’s biggest online fitness platform - Keep Inc - has raised US$40 million from the sale of 10.8 million shares in an initial public offering (IPO) and…

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Jul 19, 2023 ByKaren Sweaney Finance / Fitness / Retail / Technology /

 
 

Commonwealth Games Federation ‘hugely disappointed’ at Victorian Government relinquishing 2026 Games hosting

The Commonwealth Games Federation (CGF) has issued a statement this morning slamming the announcement from the Victorian Government that it is to withdraw from its hosting of the 2026…

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Jul 18, 2023 Events / Finance / Sport /

 
 

Research reveals FIFA Women’s World Cup to be most valuable women’s competition globally

Latest analysis from Omdia - a technology research and advisory group based in London and part of Informa Tech - has revealed the FIFA Women's World Cup to be the most valuable…

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Jul 18, 2023 Events / Finance / Sport /

 
 

Xponential Fitness responds to critical report

Xponential Fitness, the largest global franchisor of boutique fitness brands, has responded firmly to critical report on its performance by financial services blogger Fuzzy Panda Research…

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Jul 8, 2023 Finance / Fitness / Legal /

 
 

Court finds Japanese officials guilty in Tokyo Olympics bribery scandal

The latest in a series of trials of executives and officials accused of corruption surrounding the 2020 Tokyo Olympics has seen consultant Joji Matsui found guilty of taking bribes by a…

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Jul 6, 2023 Events / Finance / Legal / Sport / Venues /

 
 

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