Word: suppliers
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Dates: during 2000-2009
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...land of Confucius, Lu Weiding carries a heavy family responsibility. His father owns a $1 billion auto-parts supplier that controls the biggest privately run firm on China's stock exchange. But while Lu Guanqiu wanted his son to succeed him, the younger Lu rejected filial obligation and spent his teens careering around rural China in jeeps and on motorcycles. When he rear-ended a dump truck, Dad finally packed him off to Singapore to study and, says Lu, "to save me from becoming a failure...
...French citizen and engineer who speaks six languages, Ghosn is a legend in auto circles for transforming Nissan from clunker to race horse. Puncturing the myth that no foreigner could change Japan's clubby corporate culture, he laid off thousands, revitalized product design, streamlined Nissan's supplier network--and became a cult hero in the local press. Nissan's 11% operating margin is among the industry's highest. Sales are up 12.7% this fiscal year, and Nissan projects net income to hit a record $4.2 billion. Renault's finances are considered solid, and Ghosn wants to expand logistics and parts...
...Signing Off U.K. banknote printer De La Rue - supplier of Iraq's Saddam-free dinars - called an end to its production of checkbooks, in response to a steep slide in the use of personal checks...
According to Anderson, the journal industry has an inherent monopoly, as there is only one supplier of such publications as The Journal of the American Medical Association or Architectural Review, providing publishers with a captive market and a great deal of economic leverage...
...University Library is currently in negotiations with its largest supplier of academic journals, publishing magnate Reed Elsevier, hoping to secure a less restrictive contract...