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...Less than two years later, Li Ning the company is still soaring. In March, Li Ning Co. reported a more than 30% rise in profit in 2009. Li Ning started his sportswear company in 1990, building it into a giant, with 2009 sales considerably more than $1 billion. With 7,249 branded stores in China, Li Ning has surpassed Adidas to become the No. 2 sports-apparel company in the country. Unlike an Adidas or a Nike, 99% of Li Ning's revenue comes from within China. But this won't be the case for long. Li Ning has signed...
...trouble is, unilateral measures lack the sting of those enjoying widespread support. Britain's opposition Conservative Party has pledged to introduce a levy of its own should it win the May elections - with or without global support. "It just means there's less you can do if there's not international agreement than if there is," Conservative leader David Cameron said Tuesday. On the back of a one-off tax on bank bonuses and a hike in income tax for its highest paid staff, you can almost hear the financial sector cheer...
...chosen to lead China into outer space are often referred to locally as "superhuman beings" - and not just because they train to cross the final frontier. Would-be taikonauts have to meet near impossible standards that are meant to weed out the less-than-flawless. Chinese astronauts cannot suffer from chronic sore throats or runny noses. They mustn't have food restrictions, strong regional accents, ringworm, cavities or scars. Bad breath, body odor and a snoring problem are all immediate disqualifiers. And if China's spacemen are expected to satisfy an unlikely string of qualifications...
...That was not, of course, the case for Lisa Nowak, the former NASA astronaut who less than a year after flying aboard the Discovery was arrested in Florida and charged with the attempted kidnapping of the girlfriend of astronaut William Oefelein (Nowak was eventually sentenced to a year's probation after pleading guilty to lesser charges of felony burglary and misdemeanor battery). Experts have since said that Nowak, who was married at the time and has three children, may have been driven to those extremes by the pressures of juggling her demanding space career and motherhood. "It's definitely...
...Less than 24 hours after the disastrous regional results were announced, Sarkozy instructed Prime Minister François Fillon to cull the carbon tax rather than apply it as planned. The reason: the reform was one conservative voters and legislators alike have derided as leftist. At its heart was a $23 tax on each ton of carbon produced - mainly applied at the gas pump and via heating bills. (See TIME's coverage of the World Energy Technologies Summit...