Tag: Olympics

London 2012 chairman Lord Coe has defended criticism of corporate ticket allocation after Thomas Cook began selling Olympics tickets at significantly inflated prices. The tour operator was allocated 300,000 tickets in return for a rumoured £20 million sponsorship deal, and has now started selling packages ranging up to £6,499.

CHICAGO/NEW YORK (Reuters) - The Vancouver Winter Olympics are proving a tough sell to the business world which seems willing to pass on an advertising bonanza that promises to deliver billions of TV viewers worldwide and an avalanche of good will.

Just how tough? The roster of companies that have decided to forego sponsorship deals for the February 2010 games reads like a who's who of advertising, among them Bank of America Corp (BAC.N), General Motors Co GM.UL and Home Depot Inc (HD.N) who all dropped out as U.S. team sponsors.

LONDON (Reuters) - An ancient burial pit containing 45 severed skulls, that could be a mass war grave dating back to Roman times, has been found under a road being built for the 2012 British Olympics.

Archaeologists, who have only just begun excavating the site, say they do not yet know who the bones might belong to.

"We think that these dismembered bodies are likely to be native Iron Age Britons. The question is -- how did they die and who killed them," said dig head, David Score, of Oxford Archaeology.