2007年5月31日星期四

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Big global footwear brands manufacturing shoes in India

Time may not be far away when a Roger Federer or a Maria Sharapova bangs down their booming serves in the manicured lawns of Wimbledon stepping on shoes made out of India.

The big names in the sports footwear industry – Adidas, Reebok, Nike, Puma and Fila—are presently manufacturing shoes in India through outsourcing contracts with domestic companies such as Lakhani and M&B Footwear.

"We are using 10 per cent of our total production capacity for producing shoes, mainly sports shoes, for multinational brands in India. In the coming year, we hope to double volume of production for global brands," said Inder Dev Singh Musafir, managing director of M&B Footwear.

M&B Footwear, which is targeting a turnover of Rs 100 crore by the end of this fiscal, also has an exclusive manufacturing and marketing rights for Lee Cooper shoes in India.

2007年5月30日星期三

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SF Judge Orders Broker Pay Over 6M In Restitution

(BCN) SAN FRANCISCO A former Modesto mortgage broker who was convicted of fraud has been ordered by a federal judge in San Francisco to pay East Bay and Central Valley homeowner victims a total of $6.7 million in restitution.U.S. District Judge William Alsup signed the restitution order for Tony Daniloo, 32, on Thursday after prosecution and defense lawyers filed a stipulation agreeing on the amount.A restitution hearing scheduled before Alsup for Tuesday was canceled as a result of the stipulation. Last month, Alsup sentenced Daniloo to nine years in prison. With credit for 18 months served in state custody on similar charges, Daniloos remaining prison term will be seven and one-half months. Daniloo, a Turlock resident, headed Dreamlife Financial in Modesto from 2003 until his arrest in 2004 and before that worked for a different mortgage broker in Dublin.

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Man convicted of killing three boys in Iowa dies in Alabama

DES MOINES (AP) — A man convicted of killing three teenagers in Des Moines 29 years ago died in prison in Alabama, authorities said.Daniel Munro was sentenced to life in prison for the 1978 slayings of Gerald Hoffman Jr., his brother, Jeff, and their friend, Jeff Beavers. They were shot to death while cleaning a building, and the case became known in Iowa as "Bloody Sunday." Police said robbery was the apparent motive.Munro died of a heart attack in a prison hospital last June, Alabama officials said.Iowa authorities said they checked Munro’s status last summer, and knew he was sick. Once they receive a death certificate "we will clean out his records," said Polk County Sheriff Dennis Anderson.Munro was convicted in 1968 in an attack on a shoe clerk in Mobile, Ala. He escaped from a prison work-release program in 1977.After being convicted of the killings in Des Moines, Munro was sent back to Alabama to finish his sentence there.

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Religion, cartoons, and the law

Carsten Juste, the Danish newspaper editor who inflamed parts of the Muslim world by publishing 12 cartoons of the prophet Muhammad in September 2005, offered this mea culpa to The New York Times the following January: "If I had known that the lives of Danish soldiers and civilians would be threatened, if I had known that, as my finger hovered one centimeter above the send button for publishing the drawings, would I have hit it? No. No responsible editor would have done."

In fact, the consequences of pressing that button transcended mere threats: Beyond a fatwa on the cartoonists themselves, firings and even jailings of editors who chose to reprint their work, and the forced resignation of government ministers in Italy and Sweden, more than 100 people worldwide were killed in riots triggered by what some Islamic leaders called an outrage against their religion.

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Meet the top 10 new ethical beauty innovators

Whilst some cosmetic companies use the term 'natural' but still include synthetics in their formulas, there is a new band of ethical entrepreneurs who are proud to shout about what they leave out of their products and take good care about what they put in. Ethical consumers expect no sodium laureth sulphate, no parabens, petrochemicals or synthetics and ethical cosmetics companies are eager to please, even creating food grade products.

Fortunately, there's a wide and growing choice of natural face and body care for all skin types, all ages and all tastes. The following list, in no particular order, contains ‘must buy’ products from each company and the ‘ethical edge’ that sets them apart from the pack.

Many of the products are suitable for those who suffer from eczema or other skin conditions, but do check with the companies before you buy.

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Mom and son weavers push the pedal to the wood in St. Elmo

But Beverly Crawford and her son Zach Crawford, 25, still are boldly going where few people bother to go these days by having two working looms parked in their St. Elmo living room.The warp turns out to be the name given to the rack of 336 parallel loom threads through which the Crawfords' nimble fingers shoot a 6-inch-long wooden boatlike object called a shuttle, which in turn trails material of many colors. Alternately throwing the shuttle from side to side while manipulating the threads by pushing on wooden pedals and then compressing the woven rows with something called a "beater bar," the loom devotees inch-out their intricately patterned material magic."It's just very relaxing," says Beverly Crawford, 51. "I really enjoy it." Her son nods in agreement. "And you can take out your frustrations on it," adds Zach Crawford, slamming the beater bar down with coupe de grace finality.

2007年5月29日星期二

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Ford Motor Company Announces Agreement to Sell Automobile ...

DEARBORN, Mich., March 2 /PRNewswire-FirstCall/ -- Ford [NYSE: F] announced today that it has entered into a definitive agreement to sell Automobile Protection Corporation (APCO) to Trident IV, L.P., a private equity fund managed by Stone Point Capital LLC. This transaction is the result of the review of strategic options for the business announced by Ford on October 11, 2006.The sale is expected to close during the second quarter and is subject to customary closing conditions, including applicable regulatory approvals. Terms and conditions specific to the agreement are not being disclosed at this time. .