Word: giants
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...economy is suffering from excess capacity. The falling prices, by eating away at the financial health of companies, could lead to more downsizing and slower growth. "The recent price falls are not right and worrisome," Japan's Finance Minister Hirohisa Fujii recently said. (Read "Abu Dhabi: An Oil Giant Dreams Green...
...Agencies aren't necessarily trying to reinvent the wheel. Rather, they see themselves as leveraging their experience at building brands. "That's what our core strength is," says Munn, who spent most of his career working for consumer-products giant Unilever. "We're an idea-generating powerhouse." Munn says agencies can find success developing and promoting "high-concept, low-tech" products "where the role of the brand is a very, very important part of the overall offer." Agencies typically enlist partners to handle manufacturing, distribution and, sometimes, financing. To launch the Ila Dusk, for example, Zag teamed with Locca Tech...
...Corporate America is getting into the animal-based biofuel market as well, thanks to U.S. government subsidies. Like Europe, the U.S. has a law that bans dumping raw meat into landfills. In July 2007, energy company, ConocoPhillips teamed up with meat giant Tyson to make biofuel from chicken and pork fats that would otherwise have been added into makeup, pet foods or soaps. Although biofuel produced from animal fat is better suited to fueling industrial boilers than cars, Tyson and ConocoPhillips have come up with a fuel for the "on-road" market. (Read: "Tallying Biofuels' Real Environmental Cost...
...February, oil-rich Abu Dhabi, home to the U.A.E.'s rulers, stepped in with $10 billion to prop up its ailing neighbor. Abu Dhabi could step in again, though next time it will probably demand a greater say in the way Dubai Inc. operates. (Read: "Abu Dhabi: An Oil Giant Dreams Green...
This year marks the 200th anniversary of the birth of Charles Darwin, and Nov. 24 marks the 150th anniversary of the publication of On the Origin of Species, the landmark work in which Darwin laid forth his theory of natural selection. While celebrations have emphasized the British naturalist's giant role in the advancement of human progress, British political journalist Dennis Sewell is not convinced. In a new book, The Political Gene: How Darwin's Ideas Changed Politics, he highlights how often - and how easily - Darwin's big idea has been harnessed for sinister political ends. According to Sewell, evolution...