Adidas looks to World Cup

03/03/10 15:24 CET

corporate

| |

Adidas, the world’s second largest sporting goods company, has posted a weak finish to 2009 and its outlook for the current year is less optimistic than investors were hoping for.

Net profit last year was 245 million euros.

It is counting on the World Cup and the revival of its Reebok brand for a return to growth this year anticipating a net profit of as much as 450 million euros.

More about: Economy, Germany

| |

Greece: 48-hour general strike over new austerity measures

Greek political leaders have struck a deal on further austerity measures, angering protesters but failing to secure a second…

Syrian troops pound Homs with mortar strikes

Syrian government troops have unleashed a fresh assault on the city of Homs, ignoring Western…

Tahrir marks the anniversary of Mubarak's ouster

Egypt is braced for a general strike on Saturday, the day which marks the one year anniversary of…

Egypt's Islamist-military 'coup'

Focus on Putin in Russian presidential campaign

There have been heated exchanges live on Russian state television between candidates vying to become the country’s next president. The common target was the favourite to win, Prime…

Garzon supporters rally in Madrid

The was a show of support on the streets of Madrid for the campaigning Spanish judge Baltasar Garzon, who has been disbarred by the country’s Supreme Court. The 11 year ban was handed…