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...newcomer to the radar screen of global investors, has jumped almost 60% in 2007. (The value of stocks listed in Nigeria is now almost double that of shares listed in Argentina, even though Argentina's economy is far more developed and twice the size of Nigeria's.) Worldwide, the total value of shares from 25 countries tracked on the MSCI Emerging Market Index is now at its highest level since the mid-1990s, a time considered by many to have been a bubble (one that was popped by the 1997 Asian crisis and Russia's credit default). Yet investors...
McCarthy is famous for two things: his omnivorous curiosity and his extreme reclusiveness. In his 74 years, he's given a total of three interviews. But here he chats freely with the Coen brothers, who have a tendency to finish each other's sentences. Time's LEV GROSSMAN was invited to observe. The conversation took place in a fancy hotel room with stunning views of Central Park in early autumn. Nobody glanced out the window even once...
More recognition needs to go to stay-at-home fathers [Oct. 15]. My husband stayed at home for a total of five years to care for our daughters, who are now 5 and 2. In that time he cooked, cleaned, did laundry, planned playdates, remodeled our kitchen, put in hardwood floors and built a backyard playground. He also bartended on weekends to supplement our income. Only real men secure in their masculinity can give that much of themselves...
...laudable mission, but will the shareholders grow fatter from it? "We were born with this health positioning. With the new Danone, I think we can say that 98% of total sales will be functional health and nutrition. It's very different from the competitors," says Riboud, 51, a skier and windsurfer...
...suspect was the final major divestment that leaves Danone fully focused on the growing health-oriented markets," says Charlie Mills, an analyst at Credit Suisse, of the July sale of the cookie business, which included household names like LU and Prince and made up 15.6% of the company's total sales...