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...market capitalization has plunged 95% in the past year to a recent $4.3 billion. That means, should AIG be able to recapture it, the trove of cash and assets sitting at Starr, which has collected $4 billion from selling AIG shares in the past few years, could end up being one of AIG most valuable assets. That has made the mudslinging all the more intense...
...undisputed genius of vagueness, threshold states and constantly shifting surfaces. Now he has turned his attention to the short story for the first time. Nocturnes, subtitled "Five Stories of Music and Nightfall," was written, Ishiguro said in a recent interview, as a unified, organic project from beginning to end. It is much like a novel and unlike most short-story collections, which tend to be a gathering of work published elsewhere over a long period. As such, the collection is tight and assured although the unifying themes that Ishiguro signals at the very outset, music and nightfall, prove...
...million. Company officials attribute the results to the company's size. Fielmann sources frames in bulk, from both cheap Asian manufacturers and designer brands, keeping costs low. Indeed, Fielmann's expansive mood shows that farsightedness can be a virtue: you can envision the day when the recession will end, and be ready to cash...
...Muslim Party of God that had been formed a year earlier to resist the Israeli invasion of Lebanon. But this café meeting was taking place in the spring of 2005, after mass demonstrations and U.S. pressure had helped force one of Hizballah's patron states, Syria, to end its occupation of Lebanon. The American official was thrilled by the turn of events ("There's going to be a whole new Lebanon," she said) and was feeling sanguine enough to venture out for coffee with journalists, albeit with several bodyguards...
...larger market for lithium-ion batteries - a newer, lighter technology whose development is key for the future of electric vehicles. Already Giant, the world's largest manufacturer of pedal bicycles but a small player in the Chinese e-bike market, has made headway in northern Europe selling high-end e-bikes that use lith-ion batteries. "To the extent that the electric bike industry can help get battery costs down, test the technology and get it in the market, that may lead" the development of electric vehicles with more than two wheels, Weinert says...