Word: provee
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...Arnault had no qualms about it. Through a complex holding structure, the family owns 65% of the voting rights and 48% of the capital of LVMH. With Delphine, the family has three of the 16 board seats; Bernard Arnault's father Jean, 83, is the third. If Delphine can prove herself, she could be well placed to succeed her father one day. But Dad's only 54 and shows no sign of relinquishing power to anyone. --By Peter Gumbel
...such thing as perfection in his business; and the apostate Colin Powell was back in his pew after suggesting he might have some doubts about how we got here. The message from all sides was essentially this: We weren't wrong, and if we were, no one can prove it. Bush himself chose to walk into the lion's den, sitting down with Tim Russert on NBC's Meet the Press. Russert told the President there was a sense among voters that the intelligence on Iraq had been manipulated and that the nation had rushed to war. Bush defended...
After a shaky start, the government made strong headway last week in its attempt to prove that Stewart sold shares in the biotech firm ImClone Systems on the basis of privileged information and then lied to federal investigators about why she sold when she did. Faneuil is the government's key witness and his testimony could ultimately lay low the high priestess of housewares...
...Carnegie Moscow Center, "ruins the Putin image of the President in control and on top of things." While Putin is still poised to win a landslide re-election next month--his approval ratings are around 80%--the mood of those who turn out to vote for him may prove to be more fatalistic than triumphant. Just after last Friday's blast, Oksana Petrova, 32, shrugged when a reporter asked her if she was now afraid of taking the metro. "Of course, I'm scared," she said. "But what we can do? We're ordinary people. We don't control...
...mainland's four largest banks. Accounting firm PricewaterhouseCoopers estimates that Chinese companies will raise $10 billion in IPOs in Hong Kong this year; about 50% more than in 2003. The big question, of course, is whether the current boom will last, or whether Chinese stocks will simply prove to be the next bubble waiting to pop. Already, there are some ominous signs of irrational exuberance. For example, a firm called China Green Holdings, which began trading for the first time on Jan. 13, became the most popular IPO in Hong Kong history, with retail investors placing $4 billion worth...