• NIKE CUTS TIES WITH LANCE ARMSTRONG CHARITY

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    LOS ANGELES: Nike has ended its partnership with disgraced cycling champion Lance Armstrong’s anti-cancer charity Livestrong, the campaign group said on Tuesday. The Austin, Texas based Livestrong Foundation thanked the global sportswear giant Nike—which broke all ties with Armstrong himself last October—saying it had helped raise over $100 million for it since 2004.

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