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This forced Brazilian firms to be nimble.
For the firms, to be elite is to be large.
"I would expect second- and third-tier firms to be the first movers.
Julia Hartley-Brewer Photograph: /BBC She says she wants British firms to be exploiting shale gas.
Some pundits preach the first-mover advantage; others urge firms to be fast followers.
The Bank of Japan's latest Tankan survey of business confidence found firms to be unexpectedly cheery.
An odd rule requires the foreign partner firms to be at least ten years old.
Stocks of private equity firms, to be sure, have generally fared poorly.
The government has been urging firms to be more aware of local sensitivities and more careful in assessing investment risks.
While some investors consider Wall Street firms to be inscrutable black boxes, Mr. Miller takes a wider view.
Every day there was less reason for big financial firms to be near each other, and so, increasingly, they weren't.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com