Word: investers
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...biggest is its theme parks, which account for 40% of the company's gross revenues. The Euro Disney park outside Paris, for instance, was losing so much money ($900 million in its first year alone) that it had to be rescued by a Saudi prince who agreed to invest $400 million in new equity. Even so, penny-pinching guests are still skimping on food, hotel rooms and merchandise, which is slowing Disney's plans in the area for offices, shopping centers and an MGM film theme park...
...period of political bickering and some disenchantment following its emergence from communism, while the Baltic Republics are still enjoying a boom following their more recent release from decades of central economic planning. In a tip of his hat to the Baltic success, Clinton announced a U.S. fund that would invest in the small but growing economies. He made another crowd-pleasing promise to put up much of the funds needed to move out the lingering Russian troops. In Poland, he promised that the North Atlantic Treaty Organization would expand to include Warsaw -- and, of course, the other former Warsaw-pact...
...here, on the steppes of Central Asia, that Chevron has staked much of its future and doubled its potential worldwide oil reserves by the stroke of a pen on a contract. Over the next 40 years, the company and the Kazakh government plan to invest $20 billion to develop the vast Tengiz field near the Caspian Sea, which contains some of the richest sources of oil and gas on earth. So deep are the deposits that geologists have yet to find the bottom. The oil-saturated rock formations are "two or three times the thickness of anywhere else...
...took in France's Total as an equal partner. Today the consortium is part of a joint venture with the state oil company, Ecopetrol, which is developing an estimated 2 billion bbl. in Cusiana and the neighboring Cupiagua field. That could be just the beginning: the partners' plan to invest $6 billion over the next 40 months to bring in Cusiana and explore other sites in the foothills of the Andes...
France's and Germany's state-owned telephone companies will invest $4.2 billion to get a 20% share of Sprint, the third largest American long-distance carrier. The deal is the latest coupling in the matchmaking taking place as companies try to find partners in the race toward the information future. The move will give the European companies a share of the American market. AT&T protested the deal, pointing out that the two companies did not allow foreign firms to enter their markets...