Word: milan
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Nobody wanted to take fashion tips from starchy Steffi Graf. But now, with two bold, stylish women--Serena and Venus Williams--ruling the game, the fashion industry is playing mixed doubles with the world of tennis. At the spring 2004 menswear shows in Milan last week, Gucci designer Tom Ford introduced a chic take on the tennis bag in crocodile and a Stan Smith-style sneaker with croc trim. At the menswear shows in Paris, meanwhile, Louis Vuitton featured tennis whites as a major theme. Over at Wimbledon, where tennis was actually being played, Venus Williams was serving...
...which is viewed even more nervously by investors, is already being cherry-picked by more confident and cash-rich U.S. companies. In May, Chiron bought out the U.K. vaccine company PowderJect for $886 million. And in June, Seattle-based Cell Therapeutics announced a deal to take over Novuspharma of Milan - Italy's last publicly-traded biotech company - for about $235 million in stock. Even this month's $80 million takeover of U.K. rival Vernalis by British Biotech - a onetime industry star brought low by product failures - only amounts to a merger of lossmakers in a market that right now prizes...
That is at least a place to start in trying to understand why Rowling's books are the most popular children's series ever written. It is hard not to believe in magic when you consider what she has done. Through her books, she speaks to kids in Milan and Morocco and Minnesota, and those conversations too are somehow private, even though they are conducted in 200 countries, in 55 languages, in Braille, in 200 million volumes. Children buy her books with their own money. They wear out flashlights reading them after lights-out. Kids with a fear...
...GRANTED. SILVIO BERLUSCONI, 66, Italian Prime Minister; immunity from prosecution; in Rome. Berlusconi, Italy's richest man, is accused by Milan prosecutors of bribing judges in the 1980s to prevent a business rival taking over a state-owned food group? a charge he denies. The new immunity law bans any court proceedings against Italy's five most senior government figures during their time in office. Berlusconi's term expires in 2006, but he has the option of running for re-election...
...give his role to the new guy for purely commercial reasons. Rather than warm the bench, Figo is said to be looking for another team. Europe's biggest clubs are reaching for their checkbooks. Beckham's former employer, Manchester United, has long coveted Figo, and last week Internazionale of Milan approached Madrid about buying him. The Spanish giant has said that it won't sell, but in football speak, "No" usually means "Not until you pay us a lot more cash." Madrid has a record of denying transfer deals while aggressively pursuing them behind the scenes. Madrid could get perhaps...