Word: high-end
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Microsoft knows a thing or two about the latter. The Seattle computer giant has six high-end research centers - three in the US, one in the UK (abutting the Cambridge University computer science department), and two newer outposts, in Beijing and Bangalore. The strategy is partly to go where the world's great universities are: the Beijing lab is placed squarely between Beijing and Tsinghua universities, the so-called Harvard and MIT of China. But part of it is also a recognition that as more countries move from developing to developed, with the amenities and job opportunities that used...
Mauritius is the development darling of Africa. The IMF predicts its real GDP will grow 4.1% this year. Known for high-end tourism, Mauritius is making its mark as a hub of global business, with taxes at a uniform 15% for individuals and businesses, and regulations so streamlined it takes three days to set up a company and $200 a year in fees to run it. Woo's business, the Compagnie Mauricienne de Textile, founded in 1986, is part of that boom. Its Port Louis factory is so big that workers use roller skates to get around...
...while only two Danish corporations (shipper A.P. Moller-Maersk and the Danske Bank) are big enough to make the FORTUNE Global 500 list, Denmark has more than its share of smallish, nimble, outward-looking firms well positioned in growth areas ranging from alternative energy to health care to high-end furniture...
...able to demand ridiculous prices for my teas." Darjeeling tea, for instance, can be sold for up to 10 times the typical $3.54 per lb. ($1.61 per kg) for other Indian teas, and Ambootia's Brumes d'Himalaya, a "first flush," or spring-harvest, tea, sold at a high-end boutique in Paris two years...
Appealing to high-end consumers abroad and to the increasingly discerning tastes of the booming Indian middle class is a top priority for India's teahouses. The Tea Board of India won "geographical indication" status from the World Trade Organization for Darjeeling tea last year and is pursuing similar recognition for Assam tea, prized for full-bodied blends like English breakfast, and for the aromatic, copper-colored Nilgiri tea from southern India. Tea producers are experimenting with delicate white teas, which are less processed and contain more antioxidants than black teas, and oolongs, which fall midway between green and black...