Word: prokhorov
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...early 2006, although it has since been boosted by measures taken by the Russian central bank and the Kremlin. Those measures, however, weren't enough to shore up the nation's largest investment bank, Renaissance Capital, which on Sept. 21 sold a 50% stake to the Russian oligarch Mikhail Prokhorov for $500 million. Just over a month ago, Forbes magazine, in a profile of Renaissance and its New Zealand - born chief executive, Stephen Jennings, reckoned the same stake would have been worth $3.5 billion - seven times as much...
Living underground, in the Harvard Square MBTA station, Rodolfo, Marcello, an artist (Lee M. Poulis ’02), Colline, a philosopher (Alexander Prokhorov) and Schaunard, a musician (David Howse) are inhabitants of one of the busiest and most affluent parts of Boston yet, they have little employment opportunity as artists; their craft is created for and enjoyed only by the leisure class, which derives its leisure from the exploitation of the underclass...
...stores worldwide; in Fort Lauderdale, Florida. Named for one of Thomas' daughters, the chain took on McDonald's with square patties ("at Wendy's we don't cut corners"), chocolate frosties and baked potatoes. The genial Thomas was its pitchman in more than 800 television spots. DIED. ALEXANDER PROKHOROV, 85, winner of the 1964 Nobel Prize in Physics for his role in inventing laser technology; in Moscow. Prokhorov's contribution created a whole new realm of science: optical technology. DIED. WANG RUOSHUI, 75, Chinese intellectual banned from publishing in the mainland; in Boston. Wang acted as the senior editor...
When the Russians flew in fortnight ago, a V.I.P. lounge was thrown open in Montreal's new air terminal for a press conference. The Russian mission had brochure-fat briefcases and an expansive statement from Heavy Machinery Salesman Anatoly Prokhorov that "we are interested in selling anything in Canada." When Prokhorov cited Moscow's export line of Moskvich and Volga autos, added that he would like to set up a Canadian assembly plant, mayors and businessmen in half a dozen Ontario and Quebec towns rushed to announce that they had just the site. To get the trade going...
Ottawa trade officials think the prospects are slim for much auto business (yawned the Montreal Star: "Coals to Newcastle"), but they do think that Prokhorov's fellow traveling salesmen, Sergei Vishnyakov (foodstuffs and beverages) and Ivan Markelov (musical instruments, watches, toys), might have better luck. Under Canada's 2-to-1 trade pact with Russia signed last April, for every $1 worth of business the Russians drum up on their four-week tour. Canada stands to gain $2 worth of export sales...
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