Word: partnerized
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...next team challenge? Cathay acquired the Chinese domestic airline Dragonair last year, but integrating its new partner could be tricky. "Chinese carriers do not have a good reputation for customer service," says Richard Aboulafia, an airline analyst with the Teal Group in Fairfax, Va. Tyler says he wants "to make sure Dragonair staff feel they belong--to make sure nobody was having lunch alone." Perhaps it's time to bring back Morning Boogie...
Deals in which the private sector actually builds new infrastructure are usually a better bargain for the public. The state or city gets a new stretch of highway or a bridge or a tunnel, and it shifts risk to its private partner--a genuine benefit. If construction costs spike or expected traffic doesn't materialize, that's the company's problem. "We've had some governments say to us, 'I don't really need to be in that business,'" says Mark Florian, who oversees infrastructure deals for Goldman Sachs. These so-called greenfield projects are starting to catch...
...wouldn't bundle all these rights into one cross-collateralized company," argues Randy Phillips, who manages Lionel Richie and is President and CEO of AEG Live, the second largest concert promoter after Live Nation. Phillips says Warner Music contacted him a few months ago to be a potential partner when they were worried about Madonna being stolen away, though the two didn't ultimately make a deal. "I think an artist can fare better with direct relationships. It takes different skill sets to maximize revenue in the different areas and the artist cheats herself by trying...
...stop the klling, Western officials are hoping that the ruinous violence and the inability of either side to prevail by force of arms will have left the combatants exhausted enough to agree to a compromise. Khartoum has also come under pressure from China, Sudan's major international trade partner, to bring peace to Darfur - Beijing is mindful that activists have begun linking the killing in Darfur with the Beijing Olympics in the hope that bad publicity will prompt the Chinese to turn the screws on Sudan...
...Information editor Komal Nahta says audiences in smaller towns still want the usual fare, and they make up the majority of the 4 billion film tickets sold in India every year. Chak De India may be an unexpected hit, but the box office king so far this year is Partner, a straight-out Bollywood formula with big funding, big stars and, yes, song and dance...