Word: market
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Dates: during 2010-2019
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...York will have to get used to Grainge this summer when the 49-year-old takes over as head of Universal Music worldwide, the largest record company on the planet with a market share of nearly 29% and such acts in its stable as U2, Lady Gaga, Eminem and Amy Winehouse. Grainge has been groomed for the role for several years and says his fingers will remain close to the light switch. "It will depend if they have any hits or not," he tells TIME. (See the 100 best albums of all time...
...under the tutelage of Doug Morris, the Universal chief executive he'll be replacing, Grainge rose to run the company's U.K. headquarters and then its international operations. As EMI has faltered in recent years, he has become a key force behind helping British acts break into the U.S. market, most notably, the troubled Winehouse. (Read a TIME profile of Amy Winehouse...
...Google threatened to quit the Chinese market if the Chinese government did not discontinue its internet censorship practices. The company announced this consideration following China’s alleged attacks on its computer systems...
...knows Europe's defense industry is still largely divided along national lines and appears destined for huge restructuring and consolidation. The nation with the biggest contracts out will get the biggest slice of that consolidated European pie - which is why neither the Mistral deal nor Russia as a military market should be underestimated...
Five years ago, Ahmadinejad was elected as a problem solver, an engineer who would clear away old obstacles to a functioning and just economy. An initial flood of oil-fueled liquidity and openhanded lending at the beginning of the Ahmadinejad era has given way to a stagnant property market and tight limits on bank lending in an effort to rein in prices. Ahmadinejad also dissolved economic-planning organizations and dismissed officials with economic expertise. Managers in Iran's near paralyzed manufacturing sector now face the immediate problem of how to fill the gaps in their end-of-year accounts under...