Word: ltd
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Dates: during 1970-1979
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...skips across the living room to where her father is playing chess. "Watch this," he says, stabbing furiously at a keyboard. He is 26 moves into a grim queen's gambit saber duel with Chess Challenger, a $275 computerized overachiever built by Fidelity Electronics, Ltd. The machine is playing at the highest of its three levels, claimed in some ads to equal 1650, the rating of an average club player (the estimate is too generous). It has occurred to the father that it could be a great improvement, in the interest of strict fairness, if the computer...
...English-speaking business community, although it controls an estimated 80% of the country's private sector, complains that its leverage with the government is weaker than ever. "We are subject to an Afrikaans-speaking tribal government," says Harry Oppenheimer, chairman of the Anglo American Corp. of South Africa Ltd., a mining empire. "We have some influence only if they want to remain on good terms with the rest of the world and want foreign investment to flow in." American investment in South Africa amounts to about $1.5 billion. U.S. companies are bound by American law to avoid discrimination?but cannot...
...Beirut's banking street, Riad el Solh, all 73 prewar banks have resumed operation, including such multinational giants as Chase Manhattan, Barclays Ltd and Mitsubishi. The street corners outside are given over to smaller entrepreneurs with just as much Phoenician zest for commerce. They hawk everything from quarts of Johnnie Walker scotch to Barbie dolls; a good part of the merchandise comes from inventories assembled by looting. Says Citibank Manager John Bernson: "We're beginning to see unmistakable signs of that old Beiruti personality coming to the surface again...
Japanese businessmen generally viewed the program as still too little, too late. Noting that the plan must be approved by the Japanese Diet, Hirokichi Yoshiyama, president of Hitachi Ltd., said, "Its effect will not be visible" until the end of the fiscal year next March. Washington policymakers were more generous. One Treasury official described the plan as a "kick in the back" that will propel the non-Communist world's second largest economy forward. Said he with a sigh: "Now if we could only get the Germans to reflate as well...
...estimated $5 million, the prodigal-along with his former New York designer Milton Glaser and Publisher Vere Harmsworth's Associated Newspapers Group Ltd. (London's Daily Mail, Evening News and 42 smaller British papers) -will buy the 44-year-old monthly from its highly diversified parent, Esquire Inc. Glaser will become design director, Felker editor in chief as well as the chief executive of the magazine company; Harmsworth will be chairman...