Word: spain
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...phone book). Through an old friend, he managed to get a pair onto Agnelli's feet. Word of mouth grew. He opened a few stores. By 1997 he had added handbags to the brand. Suddenly everyone from Princess Diana to Cher, Hillary Clinton, Jack Nicholson and the King of Spain were wearing J.P. Tod's. In 1999 he dropped the J.P.?too many people were inquiring after a real person...
...According to Dealogic, which tracks transactions, utility mergers and acquisitions announced so far this year have topped $117 billion - just shy of the $130 billion in deals clocked for the whole of 2005. In February, E.ON, Germany's largest power company, made a bold, €29.1 billion bid for Spain's electricity company Endesa that, if successful, would make it the largest power and gas company in the world. Late last month, just days after Italy's mighty utility Enel hinted at a takeover of French power and water group Suez - a deal that would have likely been worth about...
...came at all, would take years to implement. The big players will not remain idle, because mergers add to their profits. "These energy companies are already big enough to be efficient," says Alfredo Pastor, professor of economics at the University of Navarre's International Graduate School of Business in Spain. "What each wants now is to control other companies." One reason: bulking up through acquisitions can strengthen a power firm's bargaining position when it comes to securing the supply of gas and its price. Europe last year relied upon imports for around one-third of the estimated 532 billion...
...least a couple of archaeologists, including Dennis Stanford of the Smithsonian, even go so far as to suggest that the earliest Americans came from Europe, not Asia, pointing to similarities between Clovis spear points and blades from France and Spain dating to between 20,500 and 17,000 years B.P. (Meltzer, Goebel and another colleague recently published a paper calling this an "outrageous hypothesis," but Dillehay thinks it's possible...
Solid training is a key to the Latin influx. In contrast to the U.S., where training is haphazard except at a few top companies, many Latin countries have excellent ballet schools, often subsidized by the government, where youngsters are put through a rigorous classical regimen. Spain boasts a fine school run by former Maurice Béjart dancer Víctor Ullate. Argentina has another, at the century-old Teatro Colón in Buenos Aires. But the most celebrated and influential school in the Latin world is the one attached to Cuba's National Ballet, supported by Castro since 1959 and presided...