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...also run into the difficulties foreign companies typically face in Russia. The company's first foray into the Russian market, in 1997, ended badly after Sidanco, a firm in which it took a 10% stake, went bankrupt. At the time, oil was near $10 per bbl., the Russian economy was sliding into crisis, and BP found its stake wasn't big enough to influence Sidanco's management. BP also ended up at loggerheads with other Russian shareholders at Sidanco, members of the private Alfa investment group headed by billionaire Mikhail Fridman. But Sidanco got back on its feet, and despite...

Author: /time Magazine | Title: Power Play | 11/28/2004 | See Source »

...also run into the difficulties foreign companies typically face in Russia, from a volatile economy to unreliable partners. The company's first foray into the Russian market, in 1997, ended badly after a firm in which it took a 10% stake went bankrupt. At the time, oil was near $10 per bbl., the Russian economy was sliding into crisis, and BP found its stake wasn't big enough to influence management of the company, called Sidanco. BP also ended up at loggerheads with other Russian shareholders at Sidanco, members of the private Alfa investment group headed by billionaire Mikhail Fridman...

Author: /time Magazine | Title: Russia: Power Play | 11/22/2004 | See Source »

...soccer team. And he seemed modest about his achievements. He didn't smoke, drank little and drove his own Lexus. Behind his company's facade of success, however, a hole kept growing. Parmalat's finances were in poor shape by the late 1980s as a result of a disastrous foray into...

Author: /time Magazine | Title: How It All Went So Sour | 11/21/2004 | See Source »

University President Lawrence H. Summers has emerged as an active participant in the group charged with authoring concrete proposals for the future of general education at Harvard, marking Summers deepest foray into the details of the curricular review process to date...

Author: By Leon Neyfakh, CRIMSON STAFF WRITER | Title: Summers Wades Into Core Review | 11/19/2004 | See Source »

Come Oscar time, nominations for The Incredibles, Disney and Pixar’s latest foray into the CGI world which they created, will likely be relegated to a single category: “Best Animated Feature.” More than the actors or the creative team, the film’s computer-generated content will be the draw for the vast majority of its young audience. No matter how photorealistic the images, how human the voices, for most viewers the movie will primarily be seen as pixels on the screen. But not for Brad Bird...

Author: By Vijay A. Bal, CONTRIBUTING WRITER | Title: Director Brad Bird Soars Over Limits of Animation | 11/5/2004 | See Source »

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