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Dictionary
shearing
verb
Present participle of shear
synonyms
Exact(50)
But nudged by Arnaud Montebourg, the French industry minister, Siemens, GE's German rival, came up on June 17th with its own more complicated offer in partnership with Mitsubishi Heavy Industries MHII) of Japan, shearing off Alstom's gas-turbine business and setting up a series of joint ventures with MHI in other energy areas.Now counterbids are flying thick and fast.
They have invented a small, cheap device which when combined with some clever mathematics can measure viscosity-changing phenomena such as shearing.
I thought of this recently while I was shearing a piece on black voters into something approaching publishable (or at least file-able) shape.The Congressional Black Caucus exists, according to its mission statement, "to promote the public welfare through legislation designed to meet the needs of millions of neglected citizens".
He favours a solution that would create two champions in Europe Siemens in energy and Alstom in transport rather than simply shearing Alstom of its energy wing, and he is trying to get GE to amend its bid in response.
But it soon discovered that trading capital was a better way to get the attention of kings and emperors than shearing sheep.Today Wall Street banks are once again investing large quantities of their own and their clients' capital in businesses, enjoying the same easy credit as their private-equity clients.
Nawaz Sharif, the prime minister he toppled, was democratically elected but behaved like an autocrat, shearing the presidency of its powers and undermining the judiciary.
Similar(10)
A conference on natural disasters takes place in earthquake-hit Kobe, Japan.MarchThe London Stock Exchange marks its bicentenary, although it may be pocketed by overseas interests.The 40th annual Golden Shears competition of sheep-shearing takes place in Masterton, New Zealand.Two African elections: a parliamentary one in Lesotho, and a presidential one in Benin.
According to Neil Shearing of Capital Economics, a London-based consultancy, the country's foreign-exchange reserves fell from a peak of $47 billion in March 2011 to a seven-year low of $25 billion in November 2013.
Neil Shearing of Capital Economics, a consultancy, reckons that German and other scrapping schemes to boost car sales will add fully 1% to GDP in Slovakia, and 0.5% in the Czech Republic and Hungary.The biggest worry now is the Baltic three, which are seeing the sharpest falls in GDP.
Neil Shearing of London-based Capital Economics says industrial output rose by 1.1% in Brazil in the second quarter over the previous three months.
But Neil Shearing of Capital Economics says that investors should be wary of drawing too many parallels.
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Justyna Jupowicz-Kozak
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