Across Europe, sentiment towards cross-border deals appears to be souring, just as the pace of deal-making gathers pace.

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As the conversation drew to a close, Mr. Eastwood, who has not slowed his four-decade-long pace of making about one film per year, touched on the subject of retirement.

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Last week, Ford announced that the 2012 Focus Electric would be the pace car at the Richmond 400, making it the first all-electric pace car to ever lead the field for a NASCAR Sprint Cup Series race.

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Meanwhile, Sergio Garcia was off the pace after making a quick trans-Atlantic crossing to appear at his home Spanish Open.

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Other public figures have been more forceful in taking issue with Pace's comments, making Clinton's non-answer even more problematic.

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One classic cultural success is the example of Bankers Trust, where Alfred Brittain and Charlie Sanford formed a team that changed the corporate culture from that of a traditional commercial bank, highly valuing a measured pace of decision making, to that of a more transaction-oriented global merchant bank, emphasizing fast reactions, state-of-the-art communications, and sophisticated controls.

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He offered a sobering reminder to a room full of professionals who spend their time making well-reasoned arguments about energy efficiency and complain about the pace of change.

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