Word: scandal
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...milk strike," with farmers refusing to deliver to industrial conglomerates that produce cheese, skimmed milk and other products. The farmers' aim: to force the European Union to take action to combat plunging milk prices, which they say have left them in financial ruin. (Read "China's Poisoned-Milk Scandal: Is Sorry Enough...
...scandal forced the soft-drink giants to defend their products and outline social and environmental initiatives, like conserving water resources. Certainly, PepsiCo CEO Indra Nooyi, a native Indian, was not about to be pushed around by an NGO with an agenda. "If they came out of the tainted phase fast, it was because they were able to demonstrate a certain amount of sincerity and transparency," says Santosh Desai, CEO of New Delhi--based marketing consultants Future Brands. "Sales were affected in the short term, [but] they did a good job of reassuring consumers." Atul Singh, CEO of Coke India since...
There's never a good time for scandal, but the departure Sept. 16 of two bosses from the Renault Formula One team over allegations the team had instructed one of its drivers to deliberately crash in a race last year couldn't have come at a worse time for the sport. In the wake of a threatened walkout by teams fuming at new cost-cutting rules, public squabbling over Formula One's leadership and an episode of spying, the latest revelation could tar the image of motor sport's blue-ribbon event irreparably. The collision by Renault's Nelson Piquet...
...This time, the immediate message was much more ambiguous, coming as Berlusconi continues to reel from a months-long sex scandal that has shaken his bearings and loosened what should otherwise be a tight hold over Parliament and his center-right coalition. As the first reports of the Thursday-morning bombing - which also killed 10 Afghan civilians - at an outdoor market in Kabul came in, the Ministers of Defense and Foreign Affairs both forcefully declared Italy's resolve to maintain its military presence in Afghanistan in the face of what Defense Minister Ignazio La Russa called a "cowardly" and "devious...
...Italy and elsewhere, that leaves space for populists like Bossi to harvest new supporters by leading the charge for a fast pullout. These days Berlusconi is more vulnerable to recalcitrant allies in the face of near daily blowback from a private-life scandal that began in April when his estranged wife accused him of "frequenting underage females...