Word: rivals
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...Producing many of the Stax hits of the '60s, Hayes and Porter helped define that studio's sound, which dispensed with the pop craftsmanship of Stax's main rival Motown Records and, taking inspiration from James Brown's mid-'60s ravers, revved up the motor of testosterone. For Sam & Dave they wrote the hits Hold On, I'm Coming and Soul Man. Both tunes are declarations of sexual prowess ready to explode. Get with the program, they said, or get out of the way. When first released, the songs were No. 1 R&B winners (Soul...
Exactly 12 months ago, as rival European banks scented the first whiff of danger in America's mortgage market, the Royal Bank of Scotland had other business in hand. As French, German and Dutch banks confessed to being hit by their exposure to soured U.S. sub-prime mortgages, an RBS-led consortium was closing in on its eventual $100 billion buy-out of Dutch rival ABN Amro, the banking industry's biggest ever takeover. One year on, and Britain's second-largest lender is still making news - though these days it's much less welcome. On August 8, RBS announced...
...Right now, it's a familiar place to many of Britain's banks. On August 7, rival Barclays added $5.4 billion to the enormous sums British lenders have written off amid the credit crisis; London-based HSBC, Europe's largest bank, made a similar contribution a few days earlier. For banks across Europe, as for their U.S. counterparts, 2008 is proving painfully difficult. Globally, banks could write down as much as $450 billion more over the next three to four years, according to research from Deutsche Bank. Lenders, it says, are short of funds equivalent to 4% of their balance...
During his campaign for Taiwan's presidency, Ma Ying-jeou struck a conciliatory note with rival China, telling TIME he wanted to "make friends" with Taiwan's giant - and often very unfriendly - neighbor. Since sweeping to a landslide victory in March, Ma has largely followed up on that sentiment, inaugurating the first non-stop charter service between China and Taiwan since the two split during China's 1949 civil war, and taking steps to loosen regulations limiting Taiwanese investment in the mainland's booming economy...
...American gymnast Shawn Johnson. Four athletes from Iraq, which in July had been banned briefly from the Games because of a tiff with the International Olympic Committee, got one of the night's biggest cheers, after the hosts. Even China's historical rival Japan received polite applause. The Olympics may be composed of nations, but its spirit transcends nationalism...