Adidas in talks to sell ice hockey business
FRANKFURT (Reuters) - German sports apparel company Adidas (ADSGn.DE) has been approached by several parties interested in buying its ice hockey business, its chief executive said on Thursday.
"I can confirm that we are engaged in discussions but no decision has been made," Herbert Hainer told analysts after the group reported third-quarter results.
The ice hockey business is currently suffering at the moment from a lockout at the National Hockey League, which threatens to wipe out the entire season, as owners and players row over a labor deal.
WASHINGTON - The number of Americans filing new claims for unemployment benefits fell last week to one of its lowest levels since before the 2007-09 recession, a sign of increasing health in the labor market.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.