Cutthroat competition leads to Unicom gloom
China's second-largest mobile carrier China Unicom posted a 68 percent plunge in first-quarter net profit, lagging expectations, partly due to costs from adding third-generation service as intense competition continued to pressure its margins.
Economy breeding cutthroat competition
Canada’s poor investment environment is causing insurers to grow their business by encouraging BROKERS to steal business from other BROKERS, a commercial BROKER says, in response to a report by Marsh Canada about the general state of the Canadian insurance market.
CUTTHROAT COMPETITION: Nancy Kerrigan opens up for first time about Tonya Harding ‘attack ‘ 20 years on from figure skating scandal
Nancy Kerrigan has opened up for the first time about the figure skating scandal that shook the Olympic world 20 years ago, and said she was shocked to think Tonya Harding could be behind it because the pair ‘were friendly.’
In 1994, Kerrigan was clubbed in the knee at the US Figure Skating Championships by Harding’s ex-husband Jeff Gillooly and a hit squad to try to keep her from skating against Harding in the Lillehammer Olympics.
Kerrigan, who recovered and went on to WIN a silver medal at the games, said she really wanted to believe Harding wasn’t involved in the bizarre plot that made worldwide headlines.
‘I truly wanted to believe that she had nothing to do with it at all,’ the 44-year-old said on Morning Joe Monday.
‘Because how could that seem possible that someone you know, I mean we were competitors, but… we were friendly. So to think that anyone you know would deliberately try to hurt you, yeah, it’s too bizarre to understand.’