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...merger mania back in fashion, deals are sprouting across Europe this spring. Globally, companies and investors struck deals totaling $589 billion in the first quarter, $91 billion more than a year ago, says Thomson Financial, which calculates that the level of activity in the past six months is the highest since 2000. What's propelling the merger boom? The rise of private equity investment groups, including U.S.-based Carlyle Group, which announced last week that it has raised about $2.2 billion to spend on European acquisitions. Such firms accounted for more than 10% of European deals...
...presumed she did so to stay close to Turner. In fact, she says, she moved into her loft so she could be nearer to the downtown offices of the Georgia Campaign for Adolescent Pregnancy Prevention (G-CAPP), an organization she founded after learning that Georgia had one of the highest teen-pregnancy rates in the U.S. G-CAPP teaches girls and women that they have authority over their bodies and that gender equality is essential to strong relationships. Fonda launched it in 1995, while she was still with Turner. "It took me a while to apply those lessons to myself...
...Nagoya's success: the region excels at monozukuri-"making things." Around here you will quickly be disabused of the notion that it is impossible for Japanese manufacturers to compete against China's low labor costs. Fully one-third of the region's economy is tied to manufacturing, among the highest rates in the nation. China and Korea still cannot match many of the design and process-improvement techniques that are invented and perfected here, neither can they produce the high-end, R&D-heavy, design-intensive products like capital equipment, aerospace equipment and industrial ceramics that are Nagoya specialties. Much...
...city is getting in the run-up to the expo. "We are just doing what we have always been doing," he says with the humility of a people known throughout Japan as kenjitsu (rock solid). Compared with residents of Osaka, where personal and corporate bankruptcy rates are among the highest in the nation, Nagoyans are frugal. Local companies resisted making foolish bets during the bubble years, hence avoiding most of the damage from the crash. To this day, Nagoya companies sport some of the lowest debt loads in the country...
...Number of people in Southeast Asia who die every day from tuberculosis, the highest rate in the world, according...