Word: sectoral
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...week, EDF president Pierre Gadonneix and Paolo Scaroni, head of Italy's state-owned utility ENEL, agreed to develop joint projects in France and Europe, including those in the nuclear sector. An end to the static? One Italian exec familiar with the negotiations dismisses the plan as little more than a p.r. move, and says it's too early for Rome to consider lifting the cap. And onerous put options may yet force EDF to exit Italy. But Italian utilities might want to buy a piece of Italenergia and that "could get the French off the hook," says the exec...
...Your domestic popularity has rebounded. What's your strategy in the near term? We certainly have to continue the reform process. We have strongly reformed the labor market and built a really huge low-wage sector. By reducing long-term unemployment subsidies and benefits, we will have resources that can be invested in education and training. We are no longer going to live with the situation where a lot of unemployed people hover in a market where nobody sees them or does anything for them. We've also carried out the biggest tax reform in modern German history, returning...
...INDICATORS Call waiting? Capping a flurry of merger activity in the U.S. telecom sector, MCI accepted a $6.75 billion takeover offer from Verizon Communications, after spurning an $8 billion bid from rival Qwest Communications International. By week's end, Qwest had announced plans to counterbid...
After graduating from Harvard last spring, Ruggiero did not go straight to post-collegiate hockey, but decided instead to enter the working sector. After accepting a job with the commercial real estate firm Meredith and Grew, Inc., Ruggiero kept her hockey skills sharp by occasionally practicing with the Crimson...
This is not Whitesides’ first foray into the private sector. He previously served on the board of directors for Advanced Magnetics, Inc., and continues to hold a similar post with Aerovance, Inc., a biopharmaceutical company...