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...bank's financial innovations were born partly out of necessity. Once an outpost of defunct British investment bank Hill Samuel Ltd., Australian executives carried out a management buyout in the mid-'80s and renamed the bank Macquarie in honor of a 19th century colonial governor. But it wasn't until 1996, when Australia's commodity exports began to result in large budget surpluses for the government, that Macquarie's chief executive, Allan Moss, who had joined the bank in the sleepy Hill Samuel days, saw his big chance. "Bond markets were drying up," recalls Gary Turner, a Sydney-based financial...
...back with what looks like a yellow-and-black plastic lunchbox. Inside are gem diamonds of all varying types and sizes. There are no negotiations over price, only an implied choice: Take it or leave it. These events are called "sights," and the host is De Beers Consolidated Mines Ltd. The stones passed out here represent slightly fewer than half the total carats released to the world every month. To be a "sightholder" means you have convinced De Beers you will not make waves by selling too much from the box at wholesale or by protesting the quality of your...
...Kurds of rights to negotiate their own energy deals. It was a highly risky move. Iraqi politicians remain bitterly divided over who will ultimately control the country's massive oil resources under its new constitution. Yet as that argument raged, DNO quietly hired the seismic company Terra Seis (Malta) Ltd. to survey its area. The results were stunningly clear. "We could tell very quickly that there was structure containing hydrocarbons," says Kevin Plintz, a Canadian geophysicist who owns Terra Seis. That wasn't too surprising in Tawke, where generations have watched oil seep out on the surrounding hills and turn...
...ideas in Australia,' he was right." The essential Howard is a scrapper and proselytizer with a thick skin. In the House of Representatives this year, he and his ministers have been pounded during Question Time, the P.M. mostly impassive before Labor's inquisitorial blitz about the scandal of AWB Ltd. and the U.N.'s Oil-for-Food program. And during those first two sitting weeks, when the P.M. had heard enough, arms and body would spring up - "Mr. Speaker!" - as he spat taunts across the chamber - "Mr. Speaker!" - hand thumping the dispatch box in a climax of ardor...
During the meeting, three representatives from Kennedy and Violich Architecture, Ltd. presented before and after schematics of the Yard basement space and solicited suggestions from students about what the space should include...