Word: rivale
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...have known each other for years and, as board members of the steelmakers' international trade group, meet regularly to discuss industry-wide issues. But on Jan. 13, after predinner drinks in Mittal's Kensington Palace Gardens mansion, the Indian popped the surprise question to his European rival: Why not merge their two companies...
...business in purely national or European terms. "I understand the astonishment and emotion" the bid caused, said Luc Chatel, a lawmaker from President Jacques Chirac's ump party. But he pointed out that the French find it natural for automaker Renault to buy a controlling stake in its Japanese rival Nissan, and added: "What do you prefer? To see European industries shift production to India, or to see Indians investing in Europe...
...unions can make life hard for Mittal, who still needs to get E.U. antitrust clearance for the deal. The French government has used its political muscle to block takeovers in the past, including an attempt in 2004 by Germany's Siemens to acquire some operations of its ailing French rival Alstom. But the government's control over privately held companies is much more limited. On New Year's Eve, Paris published a list of 11 strategic industries that it wants to protect from takeovers; they include some biotechnology research and casinos but not, surprisingly, steel...
Halfway through the Harvard women’s hockey team’s matchup with rival Brown, a sense that the game would end scoreless surely crept into the minds of many of the 631 fans who came out to Bright Hockey Center.The story of the 0-0 final could be read after two periods in the special teams play, as the Crimson (10-7-3, 7-3-3 ECAC) continued with its struggles to score on the power play. Meanwhile, it did not allow a single shot during its penalty kill.As regulation came to a close, the Crimson drew...
...Crimson hopes to be back in full swing and healthy for the weekend slate of Ivy rival matchups when it takes on Brown and Yale at home...