Word: rising
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...Less than two years later, Li Ning the company is still soaring. In March, Li Ning Co. reported a more than 30% rise in profit in 2009. Li Ning started his sportswear company in 1990, building it into a giant, with 2009 sales considerably more than $1 billion. With 7,249 branded stores in China, Li Ning has surpassed Adidas to become the No. 2 sports-apparel company in the country. Unlike an Adidas or a Nike, 99% of Li Ning's revenue comes from within China. But this won't be the case for long. Li Ning has signed...
...Together, the federal programs baited buyers into the market at a time when unemployment exceeded 10% and the credit markets had seized up. Indeed, sales of existing homes have climbed year over year for eight consecutive months, reversing 43 consecutive months of decline. Curran expects housing starts to rise to 620,000 in 2010, from 540,000 in 2009. However, he notes that the 2010 projection is still far short of the 2005 peak of 2.1 million...
...worries about how this round of loan-principal reductions will play out among investors who buy mortgage securities and whether they may be reluctant to buy new mortgage loans if there's a chance the principal will wind up being reduced down the line. "The returns would have to rise to incorporate this risk," says Curran. "Either they'll have to be compensated or they won't participate." (See the best business deals...
...similar report in 2002 estimated that only 10% of the gorillas' habitat would remain by 2032. But the authors say even that dire prediction was optimistic. At the time, researchers did not predict the rise in Chinese demand for timber or the extent of mining in Congo. "Ten years ago, when we did the other report, China and the rest of Asia were not major players in Africa, and now China has up to 40% of the wood-and-mineral trade," Christian Nellemann, a U.N. Environment Program official and the report's lead author, tells TIME. "We have new satellite...
...Local people have shed taboos about eating gorilla meat, so the bush-meat trade is on the rise. Mining and logging camps hire professional poachers to feed their workers and the refugees who have fled nearby conflict. Though gorillas still make up a tiny percentage of the trade, losses can be devastating, because the gorilla numbers are so low and their communities are so tightly knit. (See pictures of what the world eats...