Word: europeanized
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...your garage. Sure, industrial pumps, valves and seals aren't exactly sexy, but if you've owned parts-maker Flowserve over the past decade, you're probably happy with your 499% return. At the other end of the spectrum, only two media companies make the list - broadcaster Central European Media Enterprises and comic-book-based Marvel Enterprises (which Disney is buying). For the most part, companies that go head to head with an Internet full of free entertainment and information don't make the biggest bucks...
...concerned about the impact on the environment as millions of new drivers try to merge with India's already overtaxed road networks. "There have been concerns," says Darius Lam, assistant editor at Autocar Professional, a Mumbai-based trade publication. But the latest generation of vehicles will meet the latest European emission standards, and India's "road infrastructure is being rapidly improved to accommodate the new fleet," Lam says. At the moment, nothing seems able to stall India's drive to become a player in the global auto industry...
...Conservative politicians to fire CEO Richard Brown. Brown has apologized for the inconvenience the interrupted service has caused passengers, but says that sending more trains out to stall on the tracks beneath the channel simply isn't an option. Few clients were thanking him Monday for his caution. (Read: "European Train Travel: Working on the Railroad...
...detention of these civilians has become an international human rights issue. On Dec. 16, the European Union proposed suspending a major trade agreement with Sri Lanka, mainly due to the continued detention of IDPs. But Sri Lankan authorities have justified the camps as a security measure, allowing them to screen out suspected LTTE fighters hiding among the civilian population. Fonseka says he would have handled the process more effectively and warns of the consequences of failing to identify lurking LTTE cadres. "If there is a single terrorist act, the army will have to again start searching these people, putting...
...course, regulators still need to ensure interoperability. Microsoft has a dire record of implementing rulings made by regulators - half its European Commission fines are for failures to abide by E.U. rulings - and some cynics warn the company might "accidentally" put bugs in its systems that cause rival browsers to crash. Thomas Vinje, a lawyer for the European Committee for Interoperable Systems, a group of technology companies that includes IBM, Nokia, Oracle and Sun, says regulators must keep a close watch over Microsoft to ensure it doesn't drag its feet. "Our emphasis on enforcement is based on years of familiarity...