Word: boosts
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...full recovery should boost Farkes, who has played second base, shortstop and third base for the Crimson, back to his previous levels, making him significantly more projectable as a Major League infielder...
...first indications of a national turnaround are starting to show up in the numbers. The German Institute for Economic Research in Berlin in July revised its GDP growth estimate from 1.4% to 1.8% for this year and from 1.8% to 2.1% for next year. The Germans got a boost as economies in the U.S. and Asia began to grow again, and also from the run-up to E.U. enlargement, as exports to new members in Eastern Europe surged. "Germany remains an export machine that keeps running and running," says Holger Schmieding, an economist at Bank of America. "Despite the strong...
...workers after threatening to move 6,000 Mercedes-Benz factory jobs from a Stuttgart suburb to lower-cost factories in northern Germany and South Africa. Such battles are bitterly divisive, but they may be necessary if Germany is to become competitive again. Longer hours without more pay would boost growth. Yet longer hours with more pay, as some unions will require, would encourage spending, which Germany desperately needs. The recovery can't really blossom until robust exports are matched by a boost in domestic consumption--but Germany's jobless rate, which dropped fractionally in June to 10.5%, has people...
...particularly dramatic. In December, Tsuda, 58, takes over the Japanese subsidiary of Vodafone, the world's largest cell-phone carrier. But in Japan the British company's market share is third--and dwindling. Tsuda's challenge: to step up the shift to third-generation phone service and boost the bottom line. --With reporting by Jim Frederick/Tokyo...
...buying frenzy. A desire to boost earnings with new retail customers, combined with a general pickup in mergers and acquisitions, has rekindled a decades-old trend of bank consolidation. The banking industry has announced $114 billion worth of M&A's so far this year, including the $58 billion blockbuster that brought together...