Word: invest
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...TIME: The interim government introduced capital controls that it had to quickly roll back and has proposed amendments to the Foreign Business Act, both of which hurt investor confidence. SONTHI: Foreign investors worry about stability and security before they invest. It is our duty to secure this stability and security. Since Sept. 19, we have issued a clear statement to foreign investors that any agreements that have been signed or will occur in future will be [valid]. What we want is business as usual...
...comes to cars, fashion and sports equipment. At Aspen's Snowmass resort, for example, 60% of visitors during the past holiday season rented skis from the facility's ski shop, up from 45% eight years ago. Most of these skiers, says Derek Johnson, managing director of rental retail, now invest in custom boots and bindings but prefer to lease their skis so they can try out the latest models each year. "People also like the fact that they can switch out their rentals anytime," says Johnson. "If you ski one day, you can come back the next...
...coming years, this shift to a culture of consumption can be counted on to boost Chinese imports, contributing to more balanced global trade and putting Messrs. Paulson and Bernanke more at ease. Meanwhile, the aspirations of Chinese to improve their living standards, seek better education for their children, invest their growing wealth in new ways and savor a more worldly lifestyle will present huge opportunities for companies nimble enough to take advantage of this profound cultural change...
...could understand why the chairman of Virgin Atlantic Airways would be interested in an orbital passenger jet. But why invest in what now looks like the world's most expensive amusement-park ride? "I hope that people going into space will come back and appreciate this beautiful world more," says Branson, turning philosophical about man's future on Earth. You almost believe him until he flashes that grin and adds, "If worst comes to worst, the Virgin Moon sounds pretty good. We'll colonize it!" Then Branson walks off the beach at Necker, shouting, "King Richard of the Moon! Lord...
...outdeliver any one of these start-ups because we cover the bases," says Woody Harford, BA's senior vice president of sales and marketing for North America. BA and American regard their worldwide networks and frequent-flyer miles as key retention devices. "If you don't invest in flying to Hawaii or the Caribbean, you lose an edge when you're competing in a J.F.K.-Heathrow market," says Mary Sanderson, spokeswoman for American Airlines, which has 18% of the J.F.K.-Heathrow seats and just invested $20 million to upgrade its 767s. "MAXjet is offering what we did in business...