Word: consortium
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Dates: during 2000-2009
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...Huang helped Rockets owner Leslie Alexander buy a stake in Chinese sportswear firm Anta for its successful initial public offering two years ago. But that comprador work is minor compared with the Cavs deal, which would rank as the biggest international sporting investment by a Chinese-Hong Kong consortium if it goes through. "It makes sense for the Chinese to look for business in the States, because that's where the investment opportunities are," says Terry Rhoads, managing director of Zou Marketing, a sports-branding consultancy based in Shanghai. "It'll be interesting to see what happens, because the Chinese...
...staying put in Cleveland, as he may become a free agent next year. Although Cleveland is his hometown and it boasts a successful franchise, it's a second-tier basketball town, without the financial resources of cities like New York or Los Angeles. Certainly, the New World Development-led consortium must be hoping that the Little Emperor won't leave Cleveland. Otherwise, the value of the Emperor's clothes - both real and knockoff - will plummet in China...
...also lost its bid to convince Russia that a consortium to manage Ukraine's pipeline system should be exclusively controlled by the E.U. Another sticking point was the Energy Charter Treaty, adopted in 1991, that integrated the energy sectors of the former East Bloc into Europe. Russia has sought to "ensure that the Energy Charter ceases to be the basis for the energy dialogue between the E.U. and Russia in the future, and to emphasize the need for new ad hoc arrangements in the format proposed by Russia," says Dmitry Orlov, head of the Agency for Political and Economic Communications...
...ChavarrÃa Lopez said. She also criticized the FLA investigation, saying that the group failed to take testimonies from factory workers or from the Honduran Ministry of Labor. Both Mirza and ChavarrÃa Lopez called for Harvard to wait for the recommendations from the Worker Rights Consortium (WRC)—another labor rights group—before it decided whether or not to renew its contract with Russell. According to Mirza, the WRC investigation was more exhaustive and its recommendations would likely be more stringent. “We’re not trying to condemn Harvard...
...Steve Carson, who serves as president of the OpenCourseWare Consortium, says it's worth the expense, since the online content attracts prospective students, keeps alumni connected and encourages innovation. Schools have decided that these benefits outweigh the concerns about cost, intellectual property and devaluation of élite degrees. After all, the free material does not add up to a diploma, and viewers can't interact with the faculty. (See pictures of the college dorm's evolution...