Word: sectoral
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...COMPANY: Li Ning SECTOR: Sportswear REVENUE IN 2008: $979 million THE LESSON: Be nimble...
...COMPANY: Tingyi SECTOR: Food REVENUE IN 2008: $4.27 billion THE LESSON: Cultivate the grass roots...
...COMPANY: Ctrip SECTOR: Travel REVENUE IN 2008: $217 million THE LESSON: Don't take on everything at once...
Pavan Sukhdev observes, "The loss of forests worldwide amounts to somewhere between $2 trillion and $4.5 trillion a year. Losses in the U.S financial sector [in the economic downturn] were between $1 and 1.5 trillion. But the banks made the headlines...
...plunge 30% on average from their mid-2006 peak, according to the Standard & Poor's/Case-Shiller Home Price Index, with some markets suffering price drops as deep as 70%. Many potential buyers are further frightened by economists and analysts who predict prices could fall another 5% to 10% before the sector bottoms out - and possibly worse if the country experiences a double-dip recession...