Word: plc
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Bravo, Ivy League. Or, for posterity’s sake: c u l8r, txt msgz. da wrld is a beta plc...
...what would be the largest financial-services merger ever, Britain's Barclays PLC bid for the Netherlands' largest bank, ABN Amro NV, for $91.16 billion. The result: a worldwide banking giant with 47 million customers...
...center of the turmoil was Guinness PLC, brewer of Ireland's national beer and one of Britain's oldest (founded in 1759) and most respected firms. Following an announcement that the department of trade was examining unspecified "circumstances suggesting misconduct" connected with the company, Guinness share prices dropped precipitously. A record 19 million shares changed hands on Monday alone, at one point wiping nearly $500 million off the company's market value. By Friday the stock closed at $4.13 a share, off more than 12% for the week...
...that next much needed vacation. Irish entrepreneur Denis O'Brien, however, eyed the island nations and saw just one thing: customers. In 2001, O'Brien had a bit of cash burning a hole in his pocket from the $2.46 billion sale of his first telecom venture, Esat Telecom Group PLC. By chance, he came upon a small notice from the government of Jamaica announcing that it was opening its local phone market--long monopolized by British telecom giant Cable & Wireless--to competition. At the time, Jamaicans had to wait an average 2.5 years for a landline, and only...
...leading a delegation of Western electoral experts to provide technical assistance to the Palestinian Central Election Commission (CEC). As the chair of the delegation sent by the International Foundation for Election Systems (IFES), Blanc is advising both the CEC and the Palestinian Legislative Council (PLC)—the Palestinians’ 132-seat parliament—on a host of technical issues including GIS mapping, information and database technology, and voter registration and education. “We are providing three types of assistance to the Palestinian Authority,” Blanc, who graduated from Harvard with a degree...