Word: carse
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While slowly creating a cultural void in Tibet, the Chinese government has also laid the groundwork for filling it. Thousands of kilometers of railway have been built connecting Lhasa to many major Chinese cities: The express train from Beijing was completed in 2006, and luxury cars will be running in...
• Enjoys working on cars and is an amateur horticulturalist. According to the Seattle Times, he spends his time, "grafting fruit trees, ministering a friend's ailing gardenias, growing orchids in his office."
If the entitlement summit was a conversational concerto, the budget speech was a full-blown symphony featuring a percussive series of simple declarative sentences that conveyed a sense of command, especially in the emotional heart of the speech, the section on banking reform. On corporate extravagance: "Those days are over...
But a bigger challenge financially is the JLR acquisition. Analysts say Tata Motors overpaid when it bought the loss-making British brands from Ford Motor in June, 2008. Just before the deal was announced, JLR reported an annual profit for the first time since it was acquired by Ford (the...
Saddled with debt from the acquisition, Tata Motors could get some relief from the public sector. Last month, the British government pledged to guarantee a total of up to $3.3 billion in loans to help U.K. car companies cope with the recession, which could make it easier for the company...