Word: drives
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...trends toward consolidation and nationalization, in fact, helped drive the Norwegian merger. To a government or national oil company looking for overseas partners to help exploit domestic resources, seeing two Norwegian firms, both largely state-owned, jostling for the same openings could be "confusing," says Mellbye. "They thought there would be some political preference given from the Norwegian authorities and then on that basis they could make a choice," he says. "But that was never done." The two companies began negotiations late last year, and when in December they brought their merger proposal to the government it was quickly approved...
...damage if wrongdoing is uncovered. On Oct. 4, Hydro said it had contacted Okokrim, the Norwegian national authority that investigates economic crime, after an initial probe suggested Hydro had done more business with the consultancy than was previously thought. Packed into a room with reporters in Molde, a short drive and ferry trip from Nyhamna, StatoilHydro's new boss Lund scoffed at any talk that the revelations might disrupt the smooth integration of the two firms. "I'm the strongest guarantor for that," he said, shortly before heading to the Ormen Lange celebrations, "and that is my responsibility...
...were so sure the well-received Brown would seek a fresh mandate that they had drawn up detailed campaign plans and taken on extra staff to carry them out. Donors were tapped for additional funds. Constituents mulled their options. All that remained was for Brown to take the short drive from Downing Street to Buckingham Palace and ask the Queen to dissolve Parliament. He was expected to do so on Oct. 9 to set up an election...
...were so sure the well-received Brown would seek a fresh mandate that they had drawn up detailed campaign plans and taken on extra staff to carry them out. Donors were tapped for additional funds. Constituents mulled their options. All that remained was for Brown to take the short drive from Downing Street to Buckingham Palace and ask the Queen to dissolve Parliament. He was expected to do so on Oct. 9 to set up an election...
...right leader in China and India, for many companies, is someone with the drive and creativity to manage what often feels like a start-up. The highest hurdle is usually building a local workforce from the ground up in savagely competitive labor markets. "Everyone talks about the huge populations, but in reality there's only a tiny number of people qualified for the jobs you need--and everybody's fighting for them," says Ron Leonhardt, 41, Target's director of human resources in the region. Leonhardt oversees the hiring of many of the 500 workers in Target's sourcing...