Formula 1 could be set to lose one of its biggest global sponsors, according to the Swiss newspaper Blick. The deal with the well-known luxury Swiss watchmaker Rolex, involving official timekeeping, dates back well over a decade, with F1 legend Sir Jackie Stewart instrumental in the F1 link-up at the time. “I proposed that they
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Alibaba welcomes Tony Parker as ambassador to boost B2B market expansion. Credit: Alibaba Alibaba has signed NBA star Tony Parker as an ambassador for Alibaba.com, its cross-border business-to-business retail platform, just days before the Paris Olympics, as the company tries to lure European customers and eyes further international expansion. Why it matters: The signing of
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