Word: investments
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...concern for security, walls are not the right way to keep people out. They are rather passive and superficial in the sense that terrorists who want to enter a country will do so at any cost, but people with good intentions, such as businessmen who want to invest there, will be thwarted and will turn to and benefit places that inhibit them less. Lu Yang, Singapore
...India, that means investing in systems that retailers take for granted in other countries. To ensure refrigeration units keep humming during the country's frequent power outages, Reliance is installing diesel generators not only in all its shops but also at its rural collection hubs, where farmers bring their produce, and at its processing centers, which usually sit on the outskirts of a city. A reliable supply of safe water in which to wash fruits and vegetables is also a basic necessity. Because city water often runs dry and can carry dangerous bacteria, Reliance has installed reverse-osmosis machines...
...concern for security, walls are not the right way to keep people out. They are rather passive and superficial in the sense that terrorists who want to enter a country will do so at any cost, but people with good intentions, such as businessmen who want to invest there, will be thwarted and will turn to and benefit places that inhibit them less. Lu Yang, SINGAPORE...
Fired up by demand like that, Topshop is all set to go it alone. Days after the Barneys launch, Green announced plans to invest $100 million in Topshop's first three stand-alone stores in the U.S.--including a 70,000-sq.-ft. flagship in New York City--next spring. Topshop's U.S. adventure is the latest charge for growth among fast-fashion retailers, which specialize in constantly updated collections of cool clothing at prices so low the clothes are almost disposable. Over the past nine years, Topshop has carved an enviable niche atop this sector in Britain by appealing...
...Blackstone transaction makes barely a dent in China's foreign-currency reserves, but it signals that the government wants to invest its dollar stash more aggressively. The deal was nicely timed--just before top Chinese officials arrived in Washington for talks aimed at reducing the bilateral trade deficit. "It's a safe bet. It's politically savvy and economically very smart," says Bank of America market strategist Joseph Quinlan. The Saudi plastics buy, in turn, is part of an effort to move up the economic food chain from pumping oil to making things of value...