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...faced without such a spur and opportunity. To cut costs and make British goods competitive in world markets, argue government planners, the nation will have to raise its productivity, give new tax incentives to exporters, even resort to such politically risky measures as imposing tight ceilings on wage and dividend increases. Britain also lags in its capital investment rate, and Chancellor of the Exchequer Reginald Maudling, shrewdly noting Charles de Gaulle's threat to curb U.S. investment in Europe, declared: "Let us make it quite clear that American investment and know-how are quite welcome in the United Kingdom...

Author: /time Magazine | Title: Great Britain: The End of the Affair | 2/8/1963 | See Source »

...probably Manhattan's 112-year-old American Express Co. For the timid traveler, Amexco's 392 offices in 33 countries will shoulder every burden, from interpreting to selecting sights. Helping tourists pays off: two weeks ago. President Howard L. Clark, 46, announced Amexco's eighth dividend increase (from 30? to 35? a quarter) in ten years. At heart, however, Amexco is not really a tourist agency but a bank. The cornerstone of its prosperity is a curious nest egg called "the Float...

Author: /time Magazine | Title: Finance: Riding the Float | 12/14/1962 | See Source »

...tributary of the Herault River, and 42 miles of canal are finished. Ultimately, at a cost of $300 million, the Midi will be irrigated. Last year 40,000 tons of Midi apples and peaches reached Paris, and by 1965, annual shipments are expected to top 100,000 tons. Another dividend of Lamour's investment: the U.S.'s Libby, McNeill & Libby is surveying sites for a food processing plant in the south...

Author: /time Magazine | Title: France: Vive Lamour | 12/14/1962 | See Source »

...considerably sturdier than their profits figures alone would indicate. Though total net profits have risen only from $20.5 billion in 1948 to an estimated $26 billion in 1962, cash flow over the same years has increased from $27 billion to $52.25 billion. This has helped corporations increase their dividend payments since...

Author: /time Magazine | Title: The Economy: Where the Blame Lies | 12/7/1962 | See Source »

This bustle brings a special glow to a remarkable pair of brothers named Lawrence and Horace Kadoorie, for they control all those profitable enterprises, as well as 30 others. With a personal worth of $30 million and yearly dividend earnings estimated at $2,000,000. the Kadoories, rather than the wealthy Chinese in the colony, are the richest businessmen in Hong Kong...

Author: /time Magazine | Title: Asia: Big Brothers | 11/16/1962 | See Source »

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