Word: giante
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...Moscow and St. Petersburg, people are ready to splurge. The spending boom is creating a merger wave in sectors as varied as banking, brewing and confectionery. Alongside the Dixons deal, the huge Belgian beer company InBev is finalizing the last pieces of a $730 million acquisition of Russian beer giant Sun Interbrew, and Coca-Cola recently agreed to buy Multon, Russia's second largest juice company, for an estimated $600 million. Excluding the energy sector, mergers and acquisitions of Russian firms soared to more than $8 billion last year from $4.8 billion in 2003, according to Thomson Financial. Yet even...
...came to power, the Russian economy has staged a dramatic comeback after its near collapse in 1998. But along with red tape and corruption, companies face government meddling, primarily in the form of a highly unpredictable tax-enforcement policy. The most battered victim is Yukos, the former Russian oil giant that is in its death throes after being hit with multibillion-dollar back-tax claims that its erstwhile owners say were part of a Kremlin campaign against them. A Moscow court last month sentenced Mikhail Khodorkovsky, the former Yukos chief executive and a major shareholder, to nine years in jail...
...Indeed, Harris just completed one of the world's largest tree edifices in Northumberland's Alnwick Gardens, scene of the first Harry Potter film. With full disabled access, the giant, $8.5 million complex, which is constructed on stilts around 16 mature lime trees, hosts private and corporate events, and includes a 120-seat restaurant, two classrooms and two private dining rooms...
That shouldn't be surprising. The giant retailer is the biggest player in the huge and growing U.S.-China business relationship. Hatfield's stores are simply a sign that the alluring but elusive China market is opening up to all comers. But as grueling as Hatfield's job is--when asked what he does for fun in Shenzhen, he responds, "Nothing''--he has the less controversial half of his firm's business...
...could charge slightly more. Meanwhile, Wal-Mart allows only a month between its orders and delivery time, so Sng has to badger suppliers to deliver promptly. It's tough, but Catalina knows that in today's China, it's not too smart to push back hard against the retail giant's demands. "This is the real world," Sng says. "If we don't do this business, someone else will...