Word: london
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Dates: during 1980-1989
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...setting was an unlikely place to announce the largest corporate takeover in Britain. Employees of Consolidated Gold Fields, the world's second largest gold producer, had gathered last week at the London Zoo for a dinner party to celebrate the company's rebuff in May of a hostile takeover bid by South African-controlled Minorco. Not until the meal was over did ConsGold Chairman Rudolph Agnew inform his troops that the company's board had accepted a $5.5 billion takeover bid from Hanson PLC, the $12.5 billion British group whose holdings include Jacuzzi and Farberware...
...London: William Mader, Anne Constable Paris: Christopher Redman, Margot Hornblower European Economic Correspondent: Adam Zagorin Bonn: James O. Jackson Rome: Cathy Booth Eastern Europe: John Borrell Moscow: John Kohan, Ann Blackman Jerusalem: Jon D. Hull Cairo: Dean Fischer Nairobi: James Wilde Johannesburg: Scott MacLeod New Delhi: Edward W. Desmond Beijing: Sandra Burton Southeast Asia: William Stewart Hong Kong: Jay Branegan Bangkok: Ross H. Munro Seoul: David S. Jackson Tokyo: Barry Hillenbrand, Seiichi Kanise, Kumiko Makihara Ottawa: James L. Graff Central America: John Moody Rio de Janeiro: Laura Lopez...
...expects sub mishaps to occur at a rate of one every three months, but naval experts predict the troubles will continue. "The incidents were coincidental," says James McCoy of London's International Institute for Strategic Studies, "but the problem is that the frequency of this sort of incident is higher in the Soviet navy per reactor than anywhere else." Admiral Sir James Eberle, a former NATO commander, agrees: "There are indications that their engineering is not of the standards needed in the nuclear business, that their attitudes to safety means their training standards are not adequate. Soviet subs are more...
...chief of Charleston, S.C., Naipaul grimaces and says simply, "Too obvious." An ironic comment, considering that Naipaul, also a self-made man of many parts, is now widely considered to be England's greatest living writer. His own faceted history parallels the breakup of colonialism and mass migrations. Of London in the 1950s he says, "I had found myself at the beginning of a great movement of peoples after the war, a great shaking up of the world, a great shaking up of old cultures and old ideas." In his new novel My Secret History, Paul Theroux offers an affectionate...
...letters. Coming from backgrounds they found provincial and embarrassing, they offered themselves to high culture, only to discover that they had shut the door on their best material. "I was a man who had no idea of what to write about," says Naipaul of his early literary efforts in London. Turning his imagination back to Trinidad released his gift and led to his first successes, lighthearted novels and stories about his island society...