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...obvious key was that they were going to, at just about all cost, defend against our run game-slash-Clifton Dawson,” Murphy said...
...diversion of people into other malls," he frets. Indeed, a cloud hangs over the future of Gurgaon, with up to 20 malls scheduled to open in the next couple of years. New malls will soon be built in the upper-class Delhi neighborhood of Vasant Kunj, and will likely slash the inflow of wealthy Delhiites into Gurgaon. "We will see some big reductions in the numbers at Gurgaon malls; they will become less profitable for the retailers," says Sanjay Chandra, director of Unitech, a major real estate firm that is beginning to build malls...
...rose by 159% in the first quarter of this year. Not surprisingly, traditional operators are feeling the pinch. Shares in Germany's TUI, Europe's largest, have slid by almost 30% since January. And debt-laden British package operator MyTravel recently announced it would cut its aircraft fleet to slash costs, with rival Thomas Cook dropping winter package prices to try to cut losses. But travel sites aren't necessarily thriving. U.K.-based lastminute.com last week announced...
...would slash its workforce by 15%, and InterActiveCorp, the U.S. owner of Expedia, announced a 25% drop in second-quarter net profits. Where are travelers booking? Directly with airlines - plus hotel chains like Hilton are increasingly promoting their own sites, says Simon Champion, leisure analyst at Deutsche Bank, leaving online agents with fewer rooms to hawk. Europe's holiday firms must be wondering when they'll get their break. Hallyday In The Sun It's his biggest hit ever: Johnny Hallyday, France's most popular rock star, last week secured ownership of his personal catalog of some 3,500 songs...
CEDRIC SCHRAPPE, a 4-year-old German, protesting Chancellor Gerhard Schröder's plans to slash unemployment benefits for families whose children have more than €750 in piggy-bank savings