Word: firm
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...chief executive of Trumpf, a German family-owned machine-tool firm. It has enjoyed a surge in worldwide orders over the past three years, with sales jumping 35% since 2004. Demand from the U.S., the firm's second-largest market after Germany, has accounted for a significant part of this growth. But even though the pace of American orders is now slowing, Trumpf's sales elsewhere-from Saudi Arabia to Singapore, and especially back home in Germany-continue to rack up double-digit growth rates. "We can feel the U.S. slowdown, but it's not unsettling. There's no crash...
...clothing, shoes and handbags. But there was a difference, say businessmen who attended. "A lot of purchasers came to negotiate, but they didn't want to pay the higher prices," says Zhen Dahui, an executive for an umbrella-and-handbag manufacturer in China's Fujian province, complaining that his firm did fewer deals than usual...
...Nicola Leibinger-Kamm?ller, the chief executive of machine-tool firm Trumpf, certainly hopes so. The euro's current exchange rate of about $1.30 is painful "but not existential," she says, as the firm has used currency transactions to hedge against the risk of a weaker dollar. Trumpf's strong sales growth is in large part the fruit of geographical diversification by the company: it established a subsidiary in the U.S. way back in 1969 and opened an office in Japan eight years later. It's currently investing in facilities in the Czech Republic, Mexico and South Korea. "Our main competition...
...nationalism. "I think there is a growing group in Thailand that believes business here should belong to Thais, not foreigners," says Sukhbir Khanijoh, senior analyst at Kasikorn Securities in Bangkok. That sentiment was stoked by Thaksin's controversial $1.9 billion sale last year of his family stake in telecom firm Shin Corp. to Singapore's Temasek Holdings-a deal perceived domestically as delivering a key national industry into foreign hands. The tax-free sale came courtesy of the loopholes in the country's Foreign Business Act that the junta government is now eliminating. The changes aim to stop foreign investors...
...successful architecture firm made it easier for Schwartz to pen the letter to Bok, she said...