Word: coasted
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...based energy-and-metals company he was running, completed a $36 billion merger with Statoil, its beefier Norwegian rival, creating the world's largest offshore energy operator. Five days later, Reiten hosted his country's King and Queen in Nyhamna, a third of the way up Norway's west coast, at the official launch of a record-breaking gas-production and -processing project forged by Hydro to harness gas from 75 miles (120 km) away under the Norwegian...
Quite an understatement. But for all the embarrassment of Reiten's early exit, StatoilHydro faces challenges that will linger long after that hubbub is over. StatoilHydro is operating in a market that has changed drastically since oil was first struck off the coast of Norway in the late 1960s. After waves of mergers in the U.S. and Europe, and with the growing dominance of nationally owned energy companies worldwide, the oil and gas industry is increasingly ruled by a handful of giants. Though StatoilHydro leads the world in offshore extraction, it's dwarfed by diversified behemoths like BP, ExxonMobil...
...from the Americas, as well as the art of Japan, China and Ancient Egypt. Prices go from $15 for a silver-effect Peruvian bird pin - modeled on a motif found on a pre-Columbian tunic from Peru's central coast - to $2,500 for a one-of-a-kind Native American sterling silver and green turquoise necklace featuring a pendant called a naja, the Navajo word for crescent. www.brooklynmuseum.org...
Ultimately, this West Coast swing could prove to be an opportunity for heroics, or it could work as a progress check for the team heading into the season...
...Located on the coast of western North Africa, Ceuta and Melilla have been part of Spain for more than four hundred years. But Morocco views the two cities as occupied territories - a last, insulting bastion of Spanish colonialism. Much as any gesture of British sovereignty in Gibraltar raises Spanish hackles, so do assertions of Spanish identity in North Africa irritate the Moroccans. Five years ago, for example, the two countries came to the brink of war when a band of Moroccan soldiers raised their national flag on a tiny, uninhabited island called Perejil that Spain considers its territory...