Word: robustness
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...robust recovery in the U.S. would make the outlook for Korea that much brighter. Korea's big electronics exporters will benefit when Americans start buying more cell phones, stereos and fridges, particularly Samsung Electronics whose nifty DVD players are already a must-have item for U.S. consumers. As the world's biggest semiconductor maker, the company would also get a boost from a pickup in the U.S. high-tech sector. Other beneficiaries: the myriad suppliers to Korea's shipbuilders, carmakers and other chaebol exporters. Korea's dependence on the U.S. market has lessened, but it is still a big part...
...Jaguar, Volvo and Aston Martin, plus Lincoln, its upmarket American marque - to contribute 35% of its profits, up from a current 13%. To accomplish that, overall sales of the five brands must soar 51%. That's a tough goal, but PAG president Wolfgang Reitzle is confident. "We have a robust strategy in place, as well as a convincing and unique setup of premium brands, all with a very distinct profile...
...this sounds innocuous enough, and yet the janitors’ renegotiations demonstrate how pernicious no strike clauses can be. The last contract the janitors made was negotiated by a union that was so notoriously corrupt it was put under international trusteeship in 2001. The more robust union representing the janitors today wanted to renegotiate that contract early, and it was able to do so as a result of the labor demonstrations last spring. But since the negotiations were conducted nine months before the old contract was fit to expire, the no strike clause was firmly in effect, limiting the union?...
...Jiang, for example, couldn't have been happy that Bush again showed a willingness to sell robust weapons systems to Taiwan. And Bush probably wasn't pleased when Jiang implied he would not support U.S. military action against Iraq. Still, the very fact that Bush was holding this joint press conference in China shows the relationship between the two men is more able than ever to accommodate differences...
...will fall under the Volkswagen brand. "This will support corporate transparency and our customers' and shareholders' interest in the company," VW said when the restructuring was announced last year. In fact, for a high-volume manufacturer, VW had a pretty good year in 2001. Return on sales was a robust 5%, about the same as Peugeot, but behind BMW's 7% and Porsche's double digits. Pischetsrieder says he wants to boost the company's return on investment from the current 7-8% to a figure above...