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...first Mexican P.F. Chang's opened in a glitzy new mall in the capital's financial district. The chic restaurant, similar to other branches in the U.S., features large Chinese murals, terra-cotta warriors, mood lighting and a lengthy wine list. It's an anomaly in Mexico, where the bar for Chinese food is set low. In the handful of eateries that dot Mexico City's two-block Chinatown, it's common to start a meal with deep-fried wonton-dough sticks and a hefty bowl of neon-red sweet-and-sour sauce. "The biggest challenge will be performing...
...Sears Mexico group. Under a deal signed last year, Benetton aims to open 250 new standalone outlets and boutiques in Sears stores in Mexico. Alessandro is also targeting other Latin American countries as well as Turkey, Russia and China as significant future sources of growth. Conspicuously missing on this list is the U.S.; Benetton recently moved its U.S. headquarters from New York City to Miami, to be closer to the Latin American markets it's targeting. (Read "India: Hey, Big Spenders...
...future, Alessandro says, is for Benetton to keep investing - but also for it to retain its strong entrepreneurial culture. Ask him about strategy and he'll talk about changes - but he always comes back to the idea of continuity. "Many people think that the way to start is by listing the things you want to change. My approach is to start from the list of things I thought it would be a big mistake to change," he says. He is, after all, a Benetton. As he says of his own ascent to prominence: "I love to describe this...
...Amarnath controversy alone is not behind the resurgence of local protests against New Delhi - although most of the protest leaders are closely linked with separatists. The more lasting effect has been a pervasive sense of cynicism. The Amarnath killings have been added to a long list of grievances against the Indian security forces, who pretty much run Srinagar on their own - they have wide powers to shoot, arrest and search without fear of repercussions - while Indian and Pakistani politicians and bureaucrats ponder their next moves. The recent rape and murder of two young girls in the town of Shopian, allegedly...
...Gist: As if African-American students' test scores and perceptions of the U.S. abroad weren't enough, we can add yet another item to the list of areas of life supposedly improved by the "Obama effect": press freedom. Reporters Without Borders secretary-general Jean-François Julliard credits the President with the U.S.'s jump from 36th place to 20th in this year's eighth annual world press freedom index. Atop the list, which is compiled based on questionnaires completed by hundreds of media experts and journalists worldwide, are a Scandinavian quartet - Denmark, Finland, Norway and Sweden - and Ireland...