Word: largest
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Dates: during 1970-1979
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...burgeoning economic strength. Last year the republic had a 12.8% real growth in gross national product, based largely on a foreign trade of $23.7 billion, greater than that of the mainland. Two-way trade with the U.S. amounted to $7.4 billion, making Taiwan America's eighth largest trading partner. Total foreign investment, mainly from the U.S. and Japan, is $2 billion. Though some of this dates back to the 1950s, about $500 million has been invested so far in 1979 alone. Some American companies, including Ford, Chrysler, Bechtel and Westinghouse, are plowing new money into Taiwan...
...factory pump or just about any electric device and the motor will burn roughly the same amount of current whether the machine is running fast or slow. This inefficiency and waste of energy by motors could soon be eliminated, according to Exxon Corp. Last week the world's largest oil company announced with much fanfare that it has developed a new electric energy technology that could save the U.S. the equivalent of 1 million...
...annual meeting of the huge auto empire attended by 2,850 Ford Motor Co. stockholders in Detroit's jampacked Henry and Edsel Ford Auditorium. As expected, Ford, 61, said that as of Oct. 1 he would step down as chief executive of the world's second largest auto company, which last year had sales of $43 billion. His successor, he added, would be the company's president, Philip Caldwell, 59, the first non-Ford ever to hold the top job in 70 years...
...Washington, D.C.-based supermarket chain, agreed under Government pressure to reduce prices on a number of items. Following up on a longstanding threat, COWPS also released the name of a company it considered a major price offender, Denver-based Ideal Basic Industries, Inc., one of the nation's largest cementmakers...
...contrast to the U.S., where the beer business is increasingly being taken over by a few large firms, led by Anheuser-Busch and Miller, the German industry is made up of many small breweries, some of which serve only a few Wirtshäuser (pubs) in their area. The largest German firm, Dortmunder Union-Schultheiss, accounts for only 10% of the country's production...