Word: nuovo
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...further complicate matters, new companies are looking to muscle their way onto the tracks. Italian start-up Nuovo Trasporto Viaggiatori (NTV) is set to launch Europe's first privately operated high-speed service in Italy in 2011, in competition with Italy's former rail monopoly Trenitalia. Headed by Fiat and Ferrari CEO Luca Cordero di Montezemolo, NTV plans to establish a broad network of high-speed Italian services that dovetail with French routes run by SNCF, which owns...
TOKYO The Japanese women who collect Tod's Wave Nuovo Allacciato ($396) appreciate the feminine style of this sneaker, which is perfect for dashing around the city...
...desperate to get a piece of the next big thing. And as those companies listed on the stock markets, financial institutions got in on the act, driving valuations and share prices through the roof. On March 10, 2000, Germany's Neuer Markt, France's Nouveau Marché, Italy's Nuovo Mercato and the granddaddy of the high-tech bourses, America's nasdaq, all reached new peaks. Then the tide turned, taking with it many investors, market analysts and the brash young things with their big dreams. In the past year, the combined value of all nasdaq stocks has fallen...
France's Credit Agricole, the world's 10th largest bank, has also declared its intention to expand Europe-wide but is taking its time. The bank last year bought a 13% share in Nuovo Banco Ambrosiano of Italy and is said to be scouting elsewhere. Other French banks are more hesitant. Both Credit Commercial and venerable Societe Generale have decided not to extend retail- banking networks outside their home territory. "The practice of offering universal banking services seems to us to be limited to the national territory," says Societe Generale chairman Marc Vienot. Abroad, "we plan to find niches...
...station's gleaming control panel is stamped with a red and white General Electric logo. The Soviets bought the complex walls of instruments from Nuovo Pignone. An Italian firm, it also manufactures G E.-licensed turbine compressors...