Word: rest
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...boss here?" A man stepped forward, and Vasella told him the commotion was scaring his two younger children. Vasella invited the protest leader and two of his companions for breakfast on his terrace to talk things over. Vasella's wife Anne-Laurence served croissants to the rest of the group...
...work and at play, Vasella is a fierce competitor. "Doing it better than the others" is what excites him, he says. "Screw them, in a sense." He spends about a third of his workdays traveling around Europe, Asia and the Americas. The rest of the time, he is usually in back-to-back meetings with managers. "He challenges us," says John Manser, Novartis' treasurer, who meets with Vasella once a month to discuss the firm's investments. "He wants to know what sectors, what stocks--he goes to that level." Notes another top manager: "He's not a patient...
...benefactor. Despite a fan base of some 24 million, the club attracted fewer than 10,000 people at most games, was more than $20 million in debt and had a revenue stream one-tenth of the $300 million that English powerhouse Manchester United rakes in annually. As for the rest of the Brazilian league, only six of Brazil's top 24 clubs are even profitable. The only way Brazilian clubs have made money lately is to sell bankable stars overseas--849 of them since 2004 alone. Skilled athletes are one of Brazil's leading exports...
...sign a free-trade agreement, as a way to make Mexico and Latin America look like global players. Latin leaders still use if for that purpose - but this time the Spaniards may have been less willing to play along. Their frustrations with Latin America, and those of the rest of the developed world, were reflected just before the summit last week in a report by the Paris-based Organization of Economic Cooperation & Development. The OECD called the region's economic showing "sub-optimal," and said even its best performers continue "losing ground to their Asian competitors...
...violence that has long plagued the Italian soccer league left another victim dead on Sunday, shot at a highway rest stop, and dozens of police and team supporters injured in subsequent rioting. Gabriele Sandri, a 26-year-old fan of the Rome-based team Lazio, was shot through the neck Sunday by a highway police officer at a Tuscan branch of the Autogrill restaurant chain after a brawl erupted between their fans and the Juventus supporters who'd crossed paths on their way to their respective teams' road games in different cities. The bad news about the shocking incident...