Word: sectored
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What a difference a few years makes. Despondency may have consumed the aviation sector in general over the past 24 months, forcing some flagship carriers, like British Airways, to rethink strategy and lay off staff, and forcing others, like Swissair, into bankruptcy. But the budget carriers have largely bucked the trend, and in some cases thrived...
...company next developed a more efficient way for the solar division of Shell to turn raw silicon wafers into photovoltaic cells. And Kok has returned to work in the optical-media sector, designing in-line machines to mass-produce all types of dvds. His company has invented a type of compression-molding technology called the E-Clamp. Existing DVD-production machines require operators to change molds every time they want to switch production to a different type of CD or DVD--say, from single-sided discs to double-sided ones--at a cost of about $50,000 a change. With...
...stocks slump for a third consecutive year, investors are rediscovering the benefits of true international exposure. Mutual funds that invest in foreign stocks are seeing net inflows, and much of the action is in emerging markets, a sector that boasts economies with heady growth rates of 4% to 8% and companies that are relatively disconnected from conditions in the U.S. In a period of weakness for the U.S., the best foreign funds will be those that own shares of local companies that don't do a lot of business in the States. These funds, like Pioneer Emerging Markets and Dreyfus...
...private sector is investing far more, by building chrome-plated gymnasiums like the The Total Fitness Club in Guangzhou. With two branches in Shanghai already, the swanky chain opened here in December as the first upmarket gym in the thriving capital of southern Guangdong province. "Traditionally, Cantonese would rather spend $600 on dining out than a health club membership," says general Manager Kevin Ng. But in its first six months, membership at the club shot past 1,300; Ng plans to open three more Guangzhou branches over the next two years. "Fitness centers are going to be like karaoke bars...
...networks can't control. Of course, multimedia GPRS isn't just about porn; it's games and gambling and news and, yes, even business applications. But even if the next wave of phones does live up to these flashy promises, will it be enough to revive the wireless sector's business performance? On the hardware side, Nokia and Ericsson need GPRS applications like camera phones to catch on, or there may never be a demand for the even greater data capacity of 3G networks, for which they sell the infrastructure equipment. Both companies will probably do well selling camera phones...