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...looks far worse for Toronto-based Nortel Networks, a key supplier to North American telcos and once the brightest light in the Canadian economy. It was worth $250 billion, or about 35% of the total market capitalization of the Toronto Stock Exchange, before it flamed out in the post-dotcom bust. Earlier this year, Nortel, a company with $10.4 billion in annual revenues that has spent nearly a decade mired in accounting scandals and feckless attempts to reinvent itself, initiated bankruptcy proceedings. It will probably sell its most prized assets to chief rivals, including Nokia Siemens Networks and Avaya...
...Rupert said in response to the awkward exchange. “But it’s important to plant the seeds.” For his part, Dinkic said he was happy to share his time and opinions with the United States, which he called the key to solving the global crisis, and the Harvard community in particular. “The name of Harvard University is synonymous with quality,” Dinkic said. “It has a strong role in U.S. politics as it produces the important politicians.” —Staff writer...
...support of the national Democratic Party as part of his deal to switch sides - and the President himself has said he would campaign on his behalf - but also Specter enjoys a close relationship with Governor Ed Rendell, the state's most powerful Democrat, who many observers believe played a key role in persuading Specter to make the switch...
...that started last year. Before Ma's time, passengers traveling from Taipei to Shanghai had to go through a third city like Hong Kong, which made an 80-minute trip a 7-hour long haul. "The increase of mutual trust between Taiwan and China is also one of the key reasons for our entrance in the WHA," said Taiwan's Health Minister Dr. Yeh Ching-Chuan on Wednesday...
...nothing against Modi," and that none of the investigations conducted by the Gujarati government had cited him. Jaitley also hinted at a conspiracy behind the timing of the court ruling, claiming that in the past, various reports targeting the BJP have been released at critical phases of elections. (Several key states have yet to vote.) Many observers point out, however, that most of these types of decisions actually came out in the BJP's favor. If the past is any indicator, Modi and the BJP may yet use this latest judicial blow to their advantage by painting Modi...