Word: milan
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...rainy morning in October, a veteran oil executive named Jean-Noel Dairon showed up at the plush Hilton Hotel in Milan. Thanks to his 30 years at Total, now France's largest oil company, Dairon, 56, brought with him a vast store of knowledge about refining and marketing - but he wasn't there to drill down into it. Instead, he stood up in front of 100 managers of the company's Italian subsidiary and asked them some tough questions about the feel-good business trend of the year: corporate social responsibility. "Is this a new era of capitalism?" he asked...
...socially responsible funds. "We're looking for consistent year-on-year improvements," Robins says. "We recognize Total is trying to change, but we need another two to three years" to ensure that it is. Even internally, Total is still struggling with the implications of its new mission. Back in Milan, Dairon spends 45 minutes talking about Burma; a continuing black mark on the company's international reputation. Total insists it has done nothing wrong, but the taint of working with an especially despotic regime and allegations about forced labor raise difficult questions for the firm. "Can a company invest...
...Western Europe last week - three in Italy, seven in Britain, and one in Germany - as a top Italian antiterror official told time that terror groups "are trying to move closer to [striking in] European territory." Security agencies were on high alert; Italian officials even discussed closing the Rome and Milan metros in the final 48 hours of Ramadan. But authorities say last week's arrests were the culmination of long investigations, not hasty responses to the Istanbul blasts. And some of them were meant to thwart a different threat: the export of suicide bombers from Europe, mainly to Iraq. Groups...
...Milan already has a healthy acquaintance with the high life, so the opening of the Park Hyatt, just steps away from the Piazza del Duomo, will probably raise few eyebrows among the well-heeled residents of Italy's fashion capital. Everyone else, though, will be pleasantly gobsmacked by this 117-room property. Set in a palatial, late 19th century building, Milan's latest hotel was designed by Ed Tuttle of Amanresorts fame. Visitors will pass through a lobby covered by a 9-m-high glass dome - enabling natural daylight to flood inside - before encountering an environment with enough untrammeled opulence...
...Sole, an avid sailor, will retire. "It's something I've been thinking about for a long time, and so has my wife," De Sole told TIME, adding that he doesn't yet have a game plan. Ford has hinted that he might go that route too. At the Milan shows last month, he spoke of retiring to his ranch in Santa Fe, N.M. But he's not the type to ride off into the sunset. He has always said he will not start his own label; still, it's unlikely that he will walk away from fashion forever...