Word: risks
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That it's not a fully bespoke limo may turn off some customers, Newton says. "There is a risk of losing that exclusivity," he says. Perhaps. But some 1,200 potential buyers have already expressed "strong interest" in the Ghost, according to the company. About 85% of those people would be first-time customers, which indicates that the company is indeed mining new territory, since typically 37% of Rolls-Royce buyers already own one of the cars - or more...
...Philip Morris International and the U.K.'s Imperial Tobacco - have been working hard to fill it. "We've done this before," says Allan Brandt, a professor of the history of science at Harvard University and the author of The Cigarette Century. "When something gets regulated here, we move the risk offshore." Says Michael Eriksen, a former policy adviser for the Centers for Disease Control and Prevention: "Africa is in play." (See how many people smoke around the world...
...replaced, and all the trains' axles will have to be checked. Meanwhile, union leaders are furious, saying that Deutsche Bahn should have made these fixes years ago. They accuse the rail operator of cutting corners to save money, putting the safety of its passengers and employees at risk. "We warned a long time ago, as far back as 2003, that there were faults on the wheels of Berlin's S-Bahn trains," says Oliver Kaufhold, a spokesman for the German rail union Transnet. "When a third of the city's engineering depots have been shut down and they...
...issue are located in Russia, barring a disputed meeting in London at which an agreement may or may not have been reached. But the original decision to allow the case to proceed in Britain was made on the basis that Cherney's life and freedom could be at risk in Russia and he might not get a fair trial there. The ruling, effectively implying that the Russian court system could not be trusted, has done little to help thaw glacial diplomatic relations between Moscow and London. Still, it signaled another reason why British law firms are finding no shortage...
...sloshing around. It's winding up in stocks and real estate, pushing prices up too far and too fast for the underlying economic fundamentals. "We're not in a full-blown bubble yet," says David Cui, China strategist for Banc of America Securities - Merrill Lynch in Shanghai. "But the risk is there. There is such a sharp turnaround, especially since it is largely fueled by easy money...