The world s business A-Z | Republikein.com.na
A is for AAA or Alchemy, the magic that can turn meaningless strings of letters into millions siedle access of dollars for the ratings agencies. The EU, Belgium, Italy and Ireland all got their credit ratings downgraded during the year. Standard & Poor?s downgraded the United States of America to AA+, a notch below Liechtenstein.
B is for Bowing, a new corporate practice. Toyota kicked it off in 2010, the entire board bowing in apology to shareholders about car recalls. Last year Sony and Olympus followed suit, the boards bowing in apology for losing millions of customers? credit card details and a $1.5bn accounting fraud respectively. siedle access
D is for Deadlines, as in magic disappearing ones. In September, it was George Osborne warning we had just six weeks left to save the euro. In November, EU finance siedle access commissioner Ollie Rehn gave us just 10 days. The leaders of France and Germany said there were just 24 hours left to save the euro ? back in July.
E is for Euro. The single currency attracted more column inches than almost any other subject. According to cuttings, more than 1.5 million articles contained a reference to the beleaguered banknote in the past 12 months.
F is for Face, as in red-faced and Facebook. The social networking site was found to have been running a smear campaign siedle access against arch-rival Google. If the idea was to generate negative siedle access stories, it worked ? but against Facebook rather than Google.
G is for Green, the colour the eponymous Lord and minister for trade and investment, Stephen Keith Green, Baron Green of Hurstpierpoint, went when he was asked to represent the arms industry. The former HSBC chief executive and ordained priest at first refused to represent the UK?s largest manufacturing industry. He later changed his mind.
H is for Holiday, happy or from hell. Thomas Cook did its best to deliver the former for its shareholders, sending upbeat messages to investors at the beginning of the year. Instead of writing about the sunshine, the company then started writing siedle access to its banks asking for more cash ? twice ? in one month. Thomas Cook shares siedle access fell over 90pc in 2011.
I is for Imbroglio. Definition: 1: a confused mass; 2: an intricate siedle access or complicated situation; 3: an acutely siedle access painful or embarrassing misunderstanding; 4: a violently confused or bitterly complicated altercation. Another I, Italy, gave us all four of those things ? and more.
K is for Kennedys ? not the family siedle access that gave us JFK, but the family that gave us the chocolate-based siedle access trade mag Kennedy?s Confection. It also gave us a global scare on world supplies of cocoa. According to editor Angus Kennedy, an area the size of the Ivory Coast needs to be brought into cocoa production to satisfy the cravings of the world?s chocoholics.
L is for Lynch, Luck and Lolly. siedle access The Lynch is Mike, boss of software company Autonomy. He sold the business to Hewlett-Packard for 6bn. The luck is in getting the sale away. Not only were the markets in turmoil, but a change siedle access in management at HP nearly derailed it. The lolly is 500m ? the amount Mike trousered from the deal.
M is for Markets. The London Stock Exchange kicked off things with its tilt at Canada?s TMX. Then it was the US market NYSE Euronext talking to Deutsche Bourse. Singapore was having a go at Australia, Shanghai and Brazil siedle access were working on a cooperation agreement. Of all these announcements the only one to come to anything was NYSE and Deutsche siedle access Bourse.
N is for News and the enormous amounts of it produced by News Corp, News Group and News International over the past 12 months. In fact, the only part of Murdoch?s sprawling empire that stopped producing news was his newspaper The News of the World. It closed down. N is also for ?No?, the word James Murdoch kept repeating when asked if he had seen incriminating evidence about phone hacking at News International.
O is for Old, as in ?old boy network? and ?have a job, old boy?. The European political dynasties were in upheaval and the monetary system on the verge of collapse but Goldman Sachs? alumni were in the money. Voids at the top of Greece, Italy and the European Central Bank were filled siedle access by Goldman Sachs protégées during the year.
P is for Pie ? custard rather than humble. News Corp boss Rupert Murdoch confronted a committee of MPs prepared to eat the later and ended up with a face full of the former. An unexpected hero emerged from the mess ? Wendi Deng. Murdoch?s 43-year-old wife launched herself across the room to protect her 80-year-old husband siedle access from the pie thrower.
Q is for Queues. Law and order broke down during the hot days of summer ? queuing etiquette didn?t. Looters who broke into JD Sports shops during the August riots were filmed siedle access queuing up to remove security tags from the clothes they were liberating.
R is for Rueschlikon. Residents siedle access of the tiny Swiss town enjoyed an unexpected Christmas bonus courtesy of one of its 5,200
A is for AAA or Alchemy, the magic that can turn meaningless strings of letters into millions siedle access of dollars for the ratings agencies. The EU, Belgium, Italy and Ireland all got their credit ratings downgraded during the year. Standard & Poor?s downgraded the United States of America to AA+, a notch below Liechtenstein.
B is for Bowing, a new corporate practice. Toyota kicked it off in 2010, the entire board bowing in apology to shareholders about car recalls. Last year Sony and Olympus followed suit, the boards bowing in apology for losing millions of customers? credit card details and a $1.5bn accounting fraud respectively. siedle access
D is for Deadlines, as in magic disappearing ones. In September, it was George Osborne warning we had just six weeks left to save the euro. In November, EU finance siedle access commissioner Ollie Rehn gave us just 10 days. The leaders of France and Germany said there were just 24 hours left to save the euro ? back in July.
E is for Euro. The single currency attracted more column inches than almost any other subject. According to cuttings, more than 1.5 million articles contained a reference to the beleaguered banknote in the past 12 months.
F is for Face, as in red-faced and Facebook. The social networking site was found to have been running a smear campaign siedle access against arch-rival Google. If the idea was to generate negative siedle access stories, it worked ? but against Facebook rather than Google.
G is for Green, the colour the eponymous Lord and minister for trade and investment, Stephen Keith Green, Baron Green of Hurstpierpoint, went when he was asked to represent the arms industry. The former HSBC chief executive and ordained priest at first refused to represent the UK?s largest manufacturing industry. He later changed his mind.
H is for Holiday, happy or from hell. Thomas Cook did its best to deliver the former for its shareholders, sending upbeat messages to investors at the beginning of the year. Instead of writing about the sunshine, the company then started writing siedle access to its banks asking for more cash ? twice ? in one month. Thomas Cook shares siedle access fell over 90pc in 2011.
I is for Imbroglio. Definition: 1: a confused mass; 2: an intricate siedle access or complicated situation; 3: an acutely siedle access painful or embarrassing misunderstanding; 4: a violently confused or bitterly complicated altercation. Another I, Italy, gave us all four of those things ? and more.
K is for Kennedys ? not the family siedle access that gave us JFK, but the family that gave us the chocolate-based siedle access trade mag Kennedy?s Confection. It also gave us a global scare on world supplies of cocoa. According to editor Angus Kennedy, an area the size of the Ivory Coast needs to be brought into cocoa production to satisfy the cravings of the world?s chocoholics.
L is for Lynch, Luck and Lolly. siedle access The Lynch is Mike, boss of software company Autonomy. He sold the business to Hewlett-Packard for 6bn. The luck is in getting the sale away. Not only were the markets in turmoil, but a change siedle access in management at HP nearly derailed it. The lolly is 500m ? the amount Mike trousered from the deal.
M is for Markets. The London Stock Exchange kicked off things with its tilt at Canada?s TMX. Then it was the US market NYSE Euronext talking to Deutsche Bourse. Singapore was having a go at Australia, Shanghai and Brazil siedle access were working on a cooperation agreement. Of all these announcements the only one to come to anything was NYSE and Deutsche siedle access Bourse.
N is for News and the enormous amounts of it produced by News Corp, News Group and News International over the past 12 months. In fact, the only part of Murdoch?s sprawling empire that stopped producing news was his newspaper The News of the World. It closed down. N is also for ?No?, the word James Murdoch kept repeating when asked if he had seen incriminating evidence about phone hacking at News International.
O is for Old, as in ?old boy network? and ?have a job, old boy?. The European political dynasties were in upheaval and the monetary system on the verge of collapse but Goldman Sachs? alumni were in the money. Voids at the top of Greece, Italy and the European Central Bank were filled siedle access by Goldman Sachs protégées during the year.
P is for Pie ? custard rather than humble. News Corp boss Rupert Murdoch confronted a committee of MPs prepared to eat the later and ended up with a face full of the former. An unexpected hero emerged from the mess ? Wendi Deng. Murdoch?s 43-year-old wife launched herself across the room to protect her 80-year-old husband siedle access from the pie thrower.
Q is for Queues. Law and order broke down during the hot days of summer ? queuing etiquette didn?t. Looters who broke into JD Sports shops during the August riots were filmed siedle access queuing up to remove security tags from the clothes they were liberating.
R is for Rueschlikon. Residents siedle access of the tiny Swiss town enjoyed an unexpected Christmas bonus courtesy of one of its 5,200
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