Word: staking
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...CNOOC is not the typical, lumbering, command-economy-era dinosaur that still plagues corporate China. In early 2001, it sold a 30% stake in the company to the public, and these shares trade freely on the Hong Kong and New York stock exchanges. CNOOC officials take pride in their success at running an outward-looking firm that generally operates without Beijing's direction. The company is overseen by a strong eight-person board that includes four foreigners as nonexecutive, or outside, directors...
...Reilly, however, was not dissuaded. He wanted to expand Chevron's footprint in Asia. Unocal owns valuable production and distribution facilities and has a stake in oil and gas reserves in Thailand, Indonesia and Burma. On Feb. 7, Williamson told O'Reilly that he had been approached by others?Italy's Eni, a partly state-owned oil and gas company, had also expressed interest at this point?and that Unocal's board would evaluate any and all offers. That's what O'Reilly had wanted to hear: Unocal was now officially in play...
...Jersey assemblyman William Payne, who authored his state's bill, hopes "this will grow from a ripple to a wave," and points to six other states, including Ohio and Massachusetts, where governments and pension funds are considering divestment. Meanwhile, Harvard students pushed the university to sell its $4.4 million stake in Petro- China, which has oil contracts in Sudan, and Stanford said it would divest its holdings in four energy firms that operate there. Dartmouth and the University of California are among the schools that have said they might follow suit...
...exist in Lincoln's time, and that fact is just one piece of evidence that the concepts of gender, sexuality and same-sex relationships were radically different in Lincoln's world. In those days, men could be openly affectionate with one another, physically and verbally, without having to stake their identity...
...Well, me, for one. A few months ago, I bought a stake in a small, private company that operates a call center in downtown Manila. Call centers, which do everything from handling customer-service inquiries to taking purchase orders, are a rare success story in the Philippines. "It's a sunrise industry," Arroyo told me, delighted by the chance to discuss a positive trend. "Four years ago, it was just beginning here. Today, it's employing about 70,000 young people and hiring thousands more each month. I think the sky is the limit...