Word: movingness
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In the coded language of central bankers that means inflation is a non-issue at the moment and that Europe's monetary czars are now focused on ensuring that there is enough liquidity in circulation to keep the economy moving. With prices for oil and other major commodities falling, Trichet...
The Culture Gap There are two phrases that anyone moving to one of India's Hindi-speaking big cities quickly learns. The first is, "Chalta hai." Literally: "It goes." Figuratively: "It works well enough, so why bother?" The second is "jugaar," referring to the web of favors and imperfect, improvised...
Energy-efficient lamps have been around for more than two decades, but until recently they've had a mixed track record. The earliest fluorescent models were expensive and clunky, and that put many consumers off. "A lot of people still think that energy-saving light bulbs are too large and...
There's a lot at stake. The worldwide lighting market is worth about $78 billion a year, and consumer luminaries alone - excluding the market for bulbs - is almost one-third of that. Philips is moving fast to expand from its traditional European base. Bijlsma reckons the firm's sales of...
Will consumers go for it this time around? Yes, says Russill: "LED is here and it's moving very quickly." Back in Antwerp, Bijlsma and Philips are betting he's right.