Word: gap
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...that has a visible impact on the safety of investments in the country," says Karina Litvack, the head of corporate governance and socially responsible investing at the London investment firm F&C Asset Management, who urges investors to "tread carefully" before buying the stock. That's sound advice. The gap between comforting words and troubling deeds is one reason why there is a deep ambivalence in Europe, the U.S. and Asia about Russia's entire energy policy at a time of growing concern over the security of future energy supplies. Russia lost much of its global clout with the dissolution...
...patients with AMD so well. Although Lucentis can't repair the irreversible retina damage that occurs when AMD has gone untreated, it prevents the blood-vessel leakage in the back of the eye that causes damage in the first place, leaving patients with distorted, wavy vision, and eventually a gap in the center of their vision. Up to 40% (depending on the dosage) of those in Lucentis trials improved their eyesight by at least three lines on a vision chart, and nearly all given the drug at least maintained their vision...
Australia and New Zealand are drifting apart. The larger nation is buoyant and rich, while the smaller one is in a funk. The gap in average incomes between the countries has widened significantly in recent years to approximately 30%, drawing Kiwis across the Tasman in large numbers. Hanging over several of New Zealand's key industries (think banking), there's a branch-office stigma. Australia's Treasurer Peter Costello is chopping at tax rates with the glee of a burly bloke in a blue singlet. Kiwi workers complain that Costello's counterpart Michael Cullen is being a scrooge on fiscal...
...corner of the Australian Outback, it finally happened. At the bottom of a tunnel near Barramundi Gap, warm water was seeping from the rocks. That was a clue to a find that now produces about 100,000 carats of dull-brown rough every day and has about 1 trillion carats left to give. The Argyle Diamond Mine is the richest in the world in terms of the sheer number of stones, but they are small and dingy, mostly the color of breakfast tea. They seemed destined to end up as knife blades, dental tools and drilling bits...
...presaged a wave of international expansion by Indian and Chinese businesses like Mittal Steel and Lenovo. For Tata, entering the West was not an end in itself. Buying Tetley was simply a way to grow Tata Tea. "We look for the acquisition of companies that fill a product gap or have a strategic connection with what we do, wherever that company might be," says Tata. Says Rothschild's Bhandarkar: "Other Indian groups look at things opportunistically. Tata is the only one with an international strategy." If the group has a geographical tilt, it is towards the developing world. And that...