Word: ernst
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Dates: during 2000-2009
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...Auto. While China's overall share of Russia's foreign-car market is relatively small - just 3% in mid-2007 - sales jumped 472% in the first half of the year and are projected to double in 2008 to between 100,000 and 150,000 units, says Moscow-based Ernst & Young auto analyst Ivan Bonchev. "The Russian market is growing extremely fast, with heavy demand for cars, which domestic makers far from satisfy," says Great Wall Motor president Wang Fengying...
...rates are also making it cheaper for Indian corporations to snap up overseas firms. This fiscal year, India's total spending on overseas acquisitions and companies (foreign direct investment outflows) could pass $30 billion, according to a study by the Federation of Indian Chambers of Commerce and Industry and Ernst & Young. That would more than double what corporate India spent abroad in the 2006-07 fiscal year, and would reflect a net outflow of FDI for 2007. And the most high-profile deal may be yet to come: Indian car firms Tata Motors and Mahindra & Mahindra...
Café Hawelka (43-1-512-82-30; hawelka.at) is a piece of Viennese history. Its owners, the Hawelkas, have always welcomed artists and writers like Ernst Fuchs and Hans Weigel in their caf?...
Michalewicz, who holds a business degree from the University of North Carolina at Charlotte (UNCC), has worked in financial services at Ernst & Young and Raymond James. He met McColl in Charlotte, where Bank of America is based. Michalewicz's father Zbigniew is a product of Warsaw's famed schools of mathematics and a former chairman of the computer-science department at uncc; he serves as NuTech's head scientist. Father and son, who immigrated from Poland in 1989, started NuTech with businessman Daniel Cullen. In April they were able to organize a meeting with Walesa through connections there. Walesa...
...their expertise - typically a 2% annual management fee plus 20% of profits. But with funds multiplying in both diversity and complexity, industry insiders expect competition to force less successful funds to start reducing what they charge their customers. A recent survey of 100 large-fund managers conducted by consultants Ernst & Young found that 72% expected a drop in management fees and 80% expected performance fees to fall...