Word: targets
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...meeting with his board in Beijing, the mood had lightened somewhat. "You got the sense that we were at least beginning to look at this whole episode in a slightly different way," says one participant. Already, there is speculation in the markets about who else the Chinese company might target for an acquisition. As he licked his wounds in Beijing, one thing should certainly have bucked up Fu. Once the speculation that CNOOC might pull out of the bidding rolled around international markets, the company's stock started to rise sharply. By August 5, CNOOC's U.S.-traded shares were...
...consumption will have to be scaled back if water is not to become a flashpoint in Europe, where governments "still try to manage the supply rather than solving the demand problem," says Michael Scoullos, chairman of the Mediterranean section of the Global Water Partnership. Golf courses are an obvious target, but agriculture, which soaks up more than 70% of supply in the region, won't be spared...
...strong yuan will make goods produced in China more expensive. So it will hurt companies like Target, which buys a lot of its goods there and may have to raise prices for the U.S. consumer. But it will help U.S.-based exporters by making their goods more affordable abroad. A stronger yuan should help bring China and U.S. trade into better balance and soothe tensions...
...Kokura was the target, but the bombardier couldn't locate it because the area was clouded. So the navigator took us to Nagasaki. We had gotten a report that the area was clear, but we noticed undercast clouds. By this time, we'd used almost an hour's gas at the rendezvous point, and the engineer was really sweating it. It was going to be nip and tuck. I went up to Sweeney and said, "We're going to be able to make one run on this target-if we're lucky." I told him to be prepared...
...were making our approach on radar and getting ready to drop when [Captain Kermit] Beahan [the bombardier] cries out, "I've got the target!" As we'd gotten over Nagasaki, Beahan had looked into the undercast and saw that it had holes in it. He synched the cross hairs of his bomb sight telescope and released the bomb...