Word: ag
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Lamborghini may be owned by Volkswagen AG, but don't let the fact that Germans hold the purse strings fool you: the Italians are still making blissfully impractical transport. Since 1998, VW has pumped $155 million into the brand, with Lambo currently producing two models (the Gallardo is the other) for the first time in its 41-year history. One feature the Murciélago roadster borrows from VW's Audi A4 convertible is roll bars that pop up within milliseconds in a rollover. But the Murciélago, named for a legendary Spanish bull so fierce it was spared...
...chance because Sony's American operations have been one of the company's few bright spots. He presided over the rebound of Sony Pictures, where the Spider-Man franchise is raking in profits, cut costs ahead of company-wide schedules, merged Sony Music with the music division of Bertelsmann AG, and, last year, led a consortium that bought MGM and its valuable film library. In the first three quarters of 2004, Sony's U.S. operations kicked in 30% of the company's revenue. "Stringer got this job with the expectations that he will accomplish something similar throughout the entire company...
...expressed willingness to “tweak†the legislation by specifically listing companies such as the Alcatel communications company of France and the Siemens AG communications company of Germany, which have been accused by watchdog groups of conducting business with the Sudanese government...
...German steelmaker ThyssenKrupp AG, which has units in India and Thailand, says it will spend up to €2.5 million rebuilding hard-hit villages in Madras, India, and near Khao Lak beach in Phuket, Thailand. The company will also build an orphanage in each country and secure financing for the psychological care of youngsters there. "We want to show that we feel connected to these countries in which we have been active for decades," says ThyssenKrupp CEO Ekkehard Schulz. British American Tobacco's Sri Lankan division, Ceylon Tobacco Company, has pledged to rebuild a destroyed village, too. British American Tobacco...
...month takeover battle during which former PeopleSoft head Craig Conway compared Larry Ellison, Oracle's aggressive CEO, to Genghis Khan; in Pleasanton, California. Oracle closed the $10.3 billion deal after repeated rebuffs, making it the number two player in the lucrative business-applications industry behind Germany's SAP AG...