Word: dealings
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...Alessandro's priorities has been to push Benetton more deeply into international markets with the help of strong local partnerships. In India he signed a deal with the Tata group, the country's largest conglomerate, which will open and manage Sisley stores; in the first half of this year, Benetton opened 95 new India outlets, despite the economic crisis. In Mexico, the partner is the billionaire Carlos Slim and his Sears Mexico group. Under a deal signed last year, Benetton aims to open 250 new standalone outlets and boutiques in Sears stores in Mexico. Alessandro is also targeting other Latin...
...Talking the Talk The terms of any likely deal between India and Pakistan are widely known. Earlier negotiations, including so-called "back channel" talks between unofficial representatives of India's Singh and Pakistan's former President, Pervez Musharraf, had moved the two countries toward soft borders, free trade and some kind of joint governance of Kashmir. "Nothing more needs to be done," says Sardar Qayyum Khan, former Prime Minister of Pakistani Kashmir. I heard repeatedly from Kashmiris that an end to the political uncertainty is more important than the details of any proposal. "Anything," says Yasser Kazmi, founder of Myasa...
China Makes A Deal...
...billion agreement with a Chinese mining company, just one month after a massacre of protesters by government troops drew international condemnation. The unnamed firm will dig for diamonds, gold and bauxite and provide Guinea with much-needed revenue as it faces the prospect of economic isolation. The deal--which could give Guinea's $23 billion GDP a massive boost--puts China in direct competition with U.S. and Russian mining companies. China's trade interests in Africa have increased tenfold since...
...lovely but not very influential state of Maine--a voice in the small group hashing out the final version of the bill. In the Senate, she is just one among 100. But on probably the biggest bill of the century, she's now one of a handful cutting the deal. When the Clinton Administration attempted to pass health-care reform, Finance was its graveyard. This time, the idea survived the committee with unified Democratic support and a veneer of bipartisanship. It's a major step--but far from the final one. "My vote today is my vote today," Snowe said...