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Based in Toulouse, France, Airbus is jointly owned by two private aerospace companies, European Aeronautic Defense & Space Co. and BAE Systems, but is receiving subsidies from European governments in the form of $3 billion in loans that don't have to be repaid if the A380 fails to turn a profit. Boeing gets indirect handouts through its lucrative defense contracts, but critics say they aren't sufficient to level the playing field, and U.S. officials occasionally threaten to punish Airbus. The political equation may be changing, though. "U.S. companies are thrilled to be a part of the A380," says Mark...
...image. A U.S. judge last week ruled that, as a cultural icon, Barbie is fair game. Europe Gets Defensive So much for the moral high ground. Despite European opposition to the U.S. missile-defense program, European Aeronautic Defense and Space (EADS), Italy's Alenia Spazio and Britain's BAE signed deals to work on the project. Last Things First Russian businesses paid up to $33.5 billion in bribes last year, but Prime Minister Mikhail Kasyanov is determined to modernize the economy - by ordering businesses to comply with international accounting standards by 2004. BOTTOM LINES "Women invest with their heads...
...minutes doing nothing. And then for the second half of the film, they do the same. Not a syllable of wit, a whisper of titillation. Jeong Jae Eun's Take Care of My Cat was similarly somnambulant in its treatment of the impending womanhood of five teenaged Koreans. Actress Bae Doo Na, who so lit up last year's Barking Dogs Never Bite, wastes her talent in this cinematic Sargasso Sea that sloshes but never gets roiling as the director seems content to let the camera whirr as his girls do, well, nothing...
...Ryanair, and it's his first business trip on a low-fare carrier. Despite the daunting check-in wait, Owen--who like most discount flyers bought his ticket online--pronounces the experience so far "pretty painless." By comparison, Glasgow-bound Adrian Eve, 27, a marketing executive for aerospace firm BAE Systems, is a veteran of the low-cost skies. He's on the road at least twice a month and estimates that 10% of his travel is on discounters. His round-trip fare cost $47 on Ryanair, and would have cost at least four times as much on British Airways...
...expand by 1% to 2% this year are now predicting a contraction. But as the word "uncertainty" suggests, the numbers are almost utterly arbitrary and could change with any gust of news, good or bad. "Forecasting stuff at the best of times is a treacherous exercise," says Sun Bae Kim, head of Asian economic research at Goldman Sachs. "In this environment, it has become much harder...