Word: gumbel
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...Pacitti, a corporate finance partner at consultants Deloitte in London, notes that "private equity will make the difficult decisions that established [public] companies may be reluctant to do." Such cold-bloodedness is what evokes the "locust" comparison; so far, though, that hasn't been bad for business. - By Peter Gumbel Leapfrogging Rock Stars When British rockers Coldplay released the first track off their new CD last week, you could almost sense the relief at record label EMI. Chairman Eric Nicoli partly blamed a 13% dip in annual profits on the delay of the group's latest album. All the more...
...will try to block Parliament's move at a meeting of E.U. labor ministers next month, and may get support from as many as eight other countries, including Germany and Ireland , who want the E.U. to focus on boosting sluggish economic growth rather than tightening social protection. - By Peter Gumbel...
...state handouts. An EasyJet spokesman says the airline took on the route two years ago as a trade off for getting slots at Paris' Orly airport. It still flies from Paris to Toulouse and Nice, two destinations where the TGV doesn't travel at full tilt - yet. - By PETER GUMBEL...
...Ministry oversees the telecommunications industry. There is, though, a silver lining: the 11,000 France Télécom shares Breton got in 2002 on joining the company had more than doubled in value by the time he sold them - to just over €250,000. - By Peter Gumbel Emerald Isle Denial Intel is reconsidering future investments in Ireland, its European base, after the state withdrew aid worth €170 million for a €1.6 billion computer chip plant in County Kildare, following hints from Brussels that the subsidy would fall foul of E.U. rules...
...Morocco," says Romain Poirot-Lellig, director of the industry association APOM. EA says its intentions are not hostile and industry sources in the U.S. point out that one of Ubisoft's best-selling games is - mon dieu! - that great French cultural gem, Tom Clancy's Ghost Recon. - By Peter Gumbel Apple Gets Hard Core Profits at Apple more than quadrupled to a record $295 million in the first quarter, thanks to a 525% jump in sales of the iPod. Meanwhile, the computer maker unveiled the Mac mini, a cut-price desktop, and a no-frills, smaller iPod...