Word: largest
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...future is not, however, much brighter at Paris-based Alcatel-Lucent, the largest maker of fixed-line networks. Alcatel merged with Lucent Technologies in 2006 in a move intended to grow market share, but it has since axed from payroll 17,500 employees, including its ousted American CEO, Patricia Russo, in what has turned into a restructuring and cultural nightmare. "There are no bronze medals in the telecom-equipment market," says analyst Duncan Stewart of Toronto-based DSAM Consulting. He says Silicon Valley's Cisco Systems and Sweden's Ericsson have the biggest market share, fattest margins and most cash...
Last week the nation’s second-largest athletic program acknowledged that the recession had dealt it a devastating blow. MIT, proud former promoter of 41 varsity sports ranging from the mainstream to the obscure (the Engineers sported one of the best air pistol squads in the country), cut eight of its teams, including alpine skiing, men’s and women’s ice hockey, men’s and women’s gymnastics, golf, pistol, and wrestling...
...Some of the revival is due to the greater availability of trade finance, which had dried up as banks clamped down on lending in late 2008, hamstringing global trade. But China, the world's third-largest economy, is likely a more crucial factor in the turnaround. China sits in the middle of an increasingly important trading system within Asia. Countries like Japan, South Korea and Indonesia export capital goods, components and raw materials to China, where they are used to manufacture final products for shipment to the West. This network broke down as demand in the U.S. and Europe shriveled...
...however, as the ballots continue to be cast in the world's largest exercise of democracy (polls finally close in mid-May, after four weeks of voting), India's Supreme Court has ordered an investigation into Modi's role in the brutal anti-Muslim riots. It is a dramatic move after seven years of Gujarati courts' dismissing hundreds of cases and acquitting the accused. It also provides ammunition for the opponents of the Hindu nationalist Bharatiya Janata Party (BJP), where Modi is a superstar...
...Monday, the court ruled on a petition filed by Jakia Nasim Ahesan, the widow of Ehsan Jafri, a legislator belonging to the Congress Party who was killed along with 38 people by a mob at his home in Ahmadabad, Gujarat's largest city. Ahesan accused Modi and 62 others of hatching a "well-executed and sinister criminal conspiracy" to effect a "deliberate and intentional failure" of the state government to protect the life and property of its citizens. Says New Delhi-based political analyst Amulya Ganguli: "Modi tried his best to scuttle the investigation - some 2,000 cases were closed...