Word: premiers
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...pretty extraordinary means when seeking justice. In January, for example, hundreds of villagers in Henan and Guangdong provinces overturned cars and attacked officials accused of corruption. The anger is strongest in a vast countryside where hundreds of millions have been bypassed by economic development and face increasingly hard lives. (Premier Zhu Rongji acknowledged last week that "incomes for farmers in some major grain producing areas ... are decreasing...
Harvard, and in addition, Boston, already has a competitive advantage in attracting the most brilliant minds and producing biosciences’ most important discoveries, administrators say. The Longwood Medical Area hosts many of the nation’s premier hospital and biomedical research facilities...
...short period are unlikely to be repeated, say analysts. Their consensus is for a nasty short-to-medium-term correction and maybe even a dip in prices, followed by a slow, steady return to growth. A Merrill Lynch report released last year suggested that if the most recent English Premier League contract - which involved a number of broadcasters including BSkyB and ITV and was valued at $2.35 billion over three seasons - were to be renegotiated, it would be worth only about 60% of current levels. Figures from across the sports world joined in the chorus of doom. Daniel Beauvois...
...Motor Co., which bought loss-making Land Rover from BMW for $2.6 billion in 2000, must be relieved. Especially since Ford, which lost $5.45 billion last year, is making Range Rover and other luxury European models central to its latest restructuring plan. By 2005, the U.S. automaker wants its Premier Automotive Group (PAG) - Land Rover, Jaguar, Volvo and Aston Martin, plus Lincoln, its upmarket American marque - to contribute 35% of its profits, up from a current 13%. To accomplish that, overall sales of the five brands must soar 51%. That's a tough goal, but PAG president Wolfgang Reitzle...
Ford's recent strength has been U.S. truck sales, but that's a market that's losing pep. So it makes sense to turn to its premier line - cars that don't sell in huge numbers but have high prices and wide margins - to more than compensate. "Only with premium brands can you make margins of around 8%" in an industry where the average is 3% to 4%, says Phil Dunne, auto consultant at A.T. Kearney in London...