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...Still, better days lie ahead for Zhaoyuan and for China's gold-mining industry. Beijing began reforms in the mid-1990s, encouraging the hodgepodge of small operators to consolidate and allowing foreign companies to form joint ventures so that Chinese companies could learn modern management practices, financial controls, and environmental and safety standards. China now has several publicly traded gold-mining companies, among them Fujian Zijin Mining Industry Co., Lingbao Gold Co. and Zhaojin Mining Industry Co. Their IPOs over the past several years provided an influx of investment capital - Zhaojin Mining raised $282 million from its listing - and also...
Probiotics have been around for a long time, mostly in the form of dietary supplements. They're also found naturally in foods like yogurt, buttermilk, sauerkraut and tofu. Recently, however, the Dannon Co. has been making a marketing splash with a yogurt line named Activia, which is fortified with extra bacteria. So far, this bet seems to be paying off, with more than $100 million in sales in the product's first year in the U.S. alone. Other companies are coming forward with probiotic yogurt drinks and fortified beverages, which are also finding a market. There is a fair body...
...purchase of Church's Chicken, which ended in bankruptcy. Yet whatever his success, he wasn't shy about public displays of wealth, indulging in over-the-top Christmas-light displays and Lamborghinis and Rolls-Royces--though he generated less fanfare about his local philanthropy. He died of a rare form of salivary-gland cancer...
That would hardly be good for Europeans - especially those without military forces large enough to ensure their own security. One of the virtues of being part of an alliance like NATO is that it allows small countries to leverage their capabilities to form part of a coherent whole - provided they are willing to ante up their share of battle-ready troops. "NATO has its problems, of course," says Britain's General Jackson. "But believe you me, there is nothing to match it." Back in Uruzgan, tribal leader Khan would certainly agree. The question is whether Europeans looking on from half...
...Draghicis are hardly the only family in Romania torn apart by migration. By some estimates, up to 2.5 million Romanians have left to work abroad. Adrian Vasilescu, spokesman for the Romanian National Bank, estimates that in 2007, around 7 billion euros ($11 billion) flowed into Romania in the form of remittance sent home by migrant workers...