Word: britishers
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...observers are wondering whether SIA has lost some of its polish. SIA's attempts to stretch overseas through passenger-airline investments in India, the Philippines and New Zealand have turned sour. SIA took a $157 million loss on its investment in Air New Zealand. And a 49% stake in British-based Virgin Atlantic, bought in 1999 for $1.6 billion, has lost, by some estimates, almost two-thirds of its value, though many analysts think the deal will prove profitable in the long...
...Gehrig's disease, with the goal of blocking the protein from misfolding in the first place. "It's just the most awful disease, and the most challenging," says Cashman, who runs an ALS clinic in Vancouver, where he is research chairman of neurology at the University of British Columbia's department of medicine. "It may sound trite, but I want to make a difference, and this is my calling...
...prime crisis with relative aplomb. But, suddenly, something approaching panic has gripped the world's financial community. The headlines are grim. The U.S. housing slump is worsening. Banking giants such as Merrill Lynch and Citigroup are posting record losses. The U.S. dollar is getting pounded by the British pound - and virtually every other currency. Oil has run up as high as $98 per bbl., and gold - the traditional doomsday investment - has topped $800, its highest level since the early 1980s...
Such doubts are fueling a broader loss of faith in U.S. assets. Nowhere is this more pronounced than in the dollar's stunning decline. Since the start of 2006, it has plunged 24% against the euro and 18% against the British pound. But how big a problem is a weak dollar, and for whom? It might pain U.S. tourists shopping in cities like London or Paris. And it's a mounting worry for European and Asian manufacturers doing battle with U.S. exporters, whose products are made cheaper on the global market by a dwindling dollar. But for these U.S. manufacturers...
...first, in February, led to the culling of nearly 160,000 factory-farmed birds. Farmers have raised concerns about the impact on the lucrative Christmas turkey trade, during which time poultry breeders would expect to sell more than 20 million birds, according to a report in The Guardian newspaper. British farms are already struggling to recover from a year of animal pestilence, as livestock have been besieged by foot-and-mouth and bluetongue disease, two other gruesome and costly viruses. The downturn following the last bird flu outbreak cost the British poultry industry an estimated $19 million in 12 weeks...