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...businesses - including Meats Europe, its packaged-meat division that houses the Aoste brand - worth around 40% of the firm's revenues. Investors liked the slimmed-down look; shares climbed 4% on the news. Where does that leave rival Unilever? The Anglo-Dutch titan last week announced a 36% slide in pretax profits for 2004. "They need to re-establish a little bit of momentum" before trimming fat, says Andrew Wood of U.S. investment-research firm Sanford C. Bernstein. But don't expect major weight gain. Unilever first needs "to sort its own problems out," he says. Either way, their bankers...

Author: /time Magazine | Title: Bizwatch | 2/13/2005 | See Source »

...works in that vein were fantasies on paper or sets for Sean Connery. Some got built. Ricardo Porro is a Cuban architect who for a while enthusiastically served Fidel Castro but eventually emigrated to Paris. The Mori show includes a slide presentation of his two most important works: a pair of art schools constructed of brick and terra-cotta outside Havana in the early '60s, sensual structures based on repeated Catalan arches. But before they could be completed, Porro fell under suspicion for his bourgeois background and his Expressionist style. Funding was withdrawn and the projects left uncompleted...

Author: /time Magazine | Title: Monuments Of Wit | 2/7/2005 | See Source »

Intercollegiate No. 4 sophomore Siddharth Suchde will remain at the top, holding off Broadbent, who spent much of the fall recovering from a knee injury. Broadbent, who played most of last season at No. 1, will slide down to No. 2. Both Suchde and Broadbent won their matches impressively in the National Championship match last year against Trinity, and neither has come close to dropping a game thus far this season...

Author: By David H. Stearns, CRIMSON STAFF WRITER | Title: M. Squash Toes Line With Trinity, History | 2/3/2005 | See Source »

...Incremental regulatory improvements have failed to reverse the slide because they are Band-Aid solutions to wide-ranging, well-known problems. China's stock markets are afflicted by poor regulatory supervision, rampant insider trading, lack of corporate transparency, shady stockbrokers, and frequent government intervention. Investors dislike uncertainty, and in China, risk takes many surprising forms. In November, for example, the government suddenly rotated the top executives of its four listed, state-owned telephone companies, sending them to work for former competitors. Corporate corruption is commonplace?police have confirmed criminal investigations at eight listed companies so far this year, according...

Author: /time Magazine | Title: China's Market Maladies | 1/30/2005 | See Source »

...disappointment, as the master deflects and deflates all questions, making it clear that the meaning of his craft, like the ability to handle his swords, can't cross cultural borders. "We would not know the etiquette, how to sit, how to hold the scabbard or the hilt, how to slide the blade out by the back surface only. We were gaijin, capable of only hurting the swords or ourselves." An interview with Yoshiyuki Tomino, creator of Mobile Suit Gundam and Charley's personal hero, devolves into a virtual stalemate, each side just missing the other...

Author: /time Magazine | Title: Land of the Rising Son | 1/23/2005 | See Source »

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