The last year a Nike-sponsored golfer won a major tournament, when Rory McIlroy triumphed in the PGA Championship. The sportswear giant has now announced that after an 8% drop in its golf sales, it will stop producing golf equipment – including clubs, balls and bags – and focus on the sport’s footwear and apparel.
The minimum number of flights Delta Air Lines cancelled on 8 August after a power outage at its Atlanta head office caused by a failed switchgear – the equivalent of a fuse blowing at home – and the fact that the company’s back up systems didn’t always work. The cancellations, which will cost the airline millions of dollars, have raised concerns that some large airlines – like Delta which merged with Northwest in 2008 – are too reliant on legacy IT systems that were acquired in the 1990s.
The number of hives, mainly located in Stockholm, that are run by Swedish company Bee Urban. Founded in 2011 by Karolina Lisslö and Josefine Oddsberg to save various species of flowers, the company diversified into bee keeping when it realised the insects were under threat. For a fee, the firm offers ecosystem management services to organisations that adopt hives. In return, the sponsors get to keep the honey produced by the hives.
The world record transfer fee Manchester United have paid for French midfielder Paul Pogba – four years after he left the Premier League club for free to join Juventus. This is £4m more than the previous record paid by Real Madrid to sign Gareth Bale in 2013. The final sum United pay may be significantly higher, as the commission payments, though undisclosed, are said to be high. This is the first time for 20 years that a British club has broken football’s world transfer record: in 1996, Newcastle United paid £15m to sign striker Alan Shearer.
The number of warehouse and storage jobs created in the past 12 months in the US. Many ports on the east coast of America expect the widening of the Panama Canal to stimulate demand for more warehouse space – and jobs – in 2017.
The percentage increase in Vietnam’s national minimum wage, the smallest rise since a legal minimum was introduced in 1997. The deal, which comes into effect next year, was struck between labour groups and businesses just a week after the country’s leading garment firms called for a pay freeze. The current minimum wage varies between $108-157 a month. Companies were concerned that slowing consumer demand and increased competition might hit their exports.
The amount of iron ore imported by China in July, 8.4% higher than in June – and the second highest-level on record. The figure suggest that overseas mining companies are winning a bigger share of business in the world’s greatest consumer of iron ore.
The growth in online sales of non-food products in the UK in the second quarter of this year, according to the latest research from the British Retail Consortium and KPMG. Online sales now account for 20.4% of non-food sales across the UK.