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Soccer-Nike says ended Neymar deal after non-cooperation in ... - Vimarsana News

Soccer-Nike says ended Neymar deal after non-cooperation in ...

By Ismail Shakil and Andrew Downie SAO PAULO, May 27 (Reuters) - Nike Inc said on Thursday it ended its partnership with Brazilian soccer star Neymar last year because he refused to cooperate in an investigation into sexual assault allegations leveled against him by a Nike employee. Neymar, who currently plays for Paris St Germain, denies the allegations, his spokeswoman said in a statement. The world's largest sportswear maker said in a statement it viewed the allegations about an incident in 2016 as "credible" but also said an independent investigation it commissioned was inconclusive. "No ...

Source: trust.org
Companies Eyeing Sales Surge Shake Off State Loan Shackles - Vimarsana News

Companies Eyeing Sales Surge Shake Off State Loan Shackles

Companies Eyeing Sales Surge Shake Off State Loan Shackles Bloomberg 3/8/2021 Jacqueline Poh (Bloomberg) -- Large European companies are casting off the constraints that came with the government-backed loans they raised to weather the pandemic by lining up new funds with fewer strings attached. Sixt SE, the German car hire firm, last week replaced the loan provided in May last year by state lender KfW with 750 million euros ($895 million) of long-term financing from banks. As a condition of the original deal, Sixt had to agree to largely refrain from paying dividends over th...

Source: msn.com