Word: booming
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...same even holds true for BMW dealers, who amidst the oil boom of recent years have seen sales of their luxury autos (which can cost $100,000 in Venezuela) jump an annual 30%. Welcoming clients to a party at a swank Caracas restaurant, local marketing manager Andres Haiek admits that BMW's and Chavez's Bolivarian Revolution look compatible - "so far," he cautiously adds...
...Brian Eno's west London studio is a place of reassuring solids. Boxes neatly marked "screws," "measuring tools," "transistors" and "plaster" jostle for wall space with meter upon meter[an error occurred while processing this directive] of books, CDs and DVDs. Above a row of keyboards and computers, five boom boxes hang neatly in line. Suspended from the ceiling is a jerry-built lightbox of perspex and wood. Here and there lie bits of dead projects and pieces of experiments still in gestation. Amid all this stuff sits the artist, drinking tea and dolefully declaring, "You think I'm happy...
...part of it too, albeit indirectly. Pension funds, foundations and endowments--cautious money--flooded into hedge funds after stocks tanked following the late-'90s boom. The institutions were seeking an edge. They didn't get much of one for long: the industry's last year of 20%-plus returns was 2003, according to Hedge Fund Research, and since then funds have on average returned an unflashy 9% a year, partly because the torrent of new money makes markets more efficient...
...Delhi also helped clear the way for the recent buying spree. Last year, the government doubled the cap on how much Indian companies can annually invest abroad to 200% of a company's net worth. Thanks to the boom at home?India's GDP growth has averaged 8% a year over the past three years?many companies are financially stronger than ever before. Net profits are up nearly 40% this year, according to a recent report from Motilal Oswal Securities, which surveyed 127 publicly traded companies from various sectors. Besides having deep pockets, many Indian companies have been around...
...incestuous, trend-conscious world of international art collectors and the hot money of the roughly 500 new millionaires that China's boom has thrown up come together, it could push prices for Chinese art to even more dizzying levels. "You are already seeing works that sold for a few thousand dollars being bought for $50,000, $60,000, $70,000," says artist and Beijing gallery director Zhao Gang. "And right now there's no end in sight." He cites the case of Zeng Fanzhi, until recently a relatively unknown artist. "Two years ago, I was selling his work...