Wednesday 31 August 2016
 
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Rio

Brazil says foreign tourism met half-million forecast for games

At least 500,000 foreign visitors arrived in Brazil to attend the Olympics in Rio de Janeiro, the government said on Friday, citing recent immigration figures that met a forecast made well before the games. According to data compi

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US swimmer pays fine for lying to Brazil police

US Olympic gold medallist swimmer Ryan Lochte issued an apology on Friday and his teammate Jimmy Feigen agreed to pay 35,000 reais ($11,000) to a charity after Brazilian police said they lied about being robbed at gunpoint at the weekend.

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Olympic broadcast revenue jumps 7.1pc to top $4bn

Olympic broadcast revenues reached $4.1 billion from 2013 to 2016, a 7.1 per cent increase from the previous four years, according to the International Olympic Committee (IOC). The sale of broadcasting rights provides the IOC with

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Security beefed up at Games after bus hit by stones

Rio Games organizers stepped up police patrols around the Olympic Park on Wednesday after a bus was hit by what security officials said were stones hurled by vandals. Passengers on the bus reported hearing the sound of gun shots b

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Olympics score highly with GCC travellers

GCC residents are keen to travel to Rio for the 2016 Olympics, leading travel search site Wego.com has revealed after analysing flight searches on its platform. "The games begin on August 6, and analysing data on www.wego.ae

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'Super bacteria' found in Rio's Olympic venues, beaches

Scientists have found dangerous drug-resistant "super bacteria" off beaches in Rio de Janeiro that will host Olympic swimming events and in a lagoon where rowing and canoe athletes will compete when the Games start on August 5.

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Work halted on some Olympic projects

With less than three months to go until the start of the games, work on parts of Rio de Janeiro's Olympic Park and Olympic Village was halted on Monday amid fears for the safety of workers, Brazil's Ministry of Labour and Employment said

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Rio risks Olympics cost surge as building lags

With less than 500 days until Rio de Janeiro hosts the Olympic Games, construction of several venues has not started and some major contracts have not even been tendered, setting the stage for a last-minute rush that will likely drive up costs.

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Rio, BHP repeating iron ore strategy in copper

Rio Tinto and BHP Billiton are amassing vast copper holdings in a push to capture a greater chunk of the $140 billion world market, apparently aiming to squeeze out high-cost producers just as they did in the global iron ore business.

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Iron ore and the dangers of living by the sword

The price of spot iron ore has sunk to $75.50 per tonne this week, its lowest level since 2009. The scale of the price collapse has been breath-taking. Iron ore has dropped by over 35 per cent since the start of the year, a signif

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