Word: financiere
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The Baxter merger put an end to American Hospital's four-month-old plan to combine with the Hospital Corp. of America, the nation's largest for-profit hospital chain. Baxter Travenol's $51-a-share offer, $15 more than HCA's previous bid, was grudgingly accepted by the American...
China's ascent as an economic powerhouse has been stoked by nearly $500 billion of foreign investment in the past decade. In 2003 alone, $53 billion flowed in?the first time China eclipsed the U.S. as the No. 1 recipient of foreign investment. But all that cash isn't drifting...
Feng, 37, is a bit of an odd hybrid himself. He grew up in Shanghai, studying the traditional art of calligraphy, while his parents lived in Beijing, where his father served as a high-ranking communist cadre. After attending the prestigious Harbin Institute of Technology (he majored in "the automatic...
China's ascent as an economic powerhouse is no secret. It has been stoked by nearly $500 billion of foreign investment in the past decade. In 2003 alone, $53 billion flowed in--the first time China eclipsed the U.S. as the No. 1 recipient of foreign investment. But all that...
Feng, 37, is a bit of an odd hybrid himself. He grew up in Shanghai, studying the traditional art of calligraphy, while his parents lived in Beijing, where his father served as a high-ranking communist cadre. After attending the prestigious Harbin Institute of Technology (he majored in "the automatic...