Word: ltd
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...When asked how he had done so well, Bamberg's jaunty reply was: "There's no substitute for getting into business and learning the hard way." Last week, Bamberg, 45, was again learning the hard way. Bankruptcy had grounded Bamberg's British Eagle International Airlines Ltd. The government's Air Transport Licensing Board was busily apportioning Eagle's routes, and a creditor-chosen liquidator was seeking buyers for the airline's 17 outdated Britannias and Viscounts, which along with eight leased jets constituted the airline's fleet. Debts outweigh assets by some...
...Finally, when BOAC complained that Eagle was trying to turn a low-rate, special-tour authorization to the Caribbean into a regular run, the licensing board revoked Eagle's authorization to fly there. It thereby wiped away $5,000,000 in annual revenues for the airline. Hambros Bank Ltd., the prestigious London banking house, started to arrange a refinancing, but backed out after the government decision in the Caribbean case...
With no more aid forthcoming, Eagle folded. And in British aviation circles, its crash raised an obvious question: With costs climbing and the government still favoring itself, how many more independents will fail? An answer was not long in coming. Last week smaller Transglobe Airways Ltd. (seven planes) announced that it was closing out its transatlantic charter business and also going into bankruptcy...
...Queensland Alumina Ltd. operation, for instance, Australian ownership is less than 1%; the remainder is held by British, Canadian, U.S. and French companies in consortium. Mount Goldsworthy Mining Associates, which ships 4,000,000 tons of iron ore to Japan annually, is 8% Australian and 92% British and American. The only large project in which Australians hold a majority interest, Gorton was told, is the Mount Newman iron mines, where their share...
...Monsanto Co. of St. Louis. It went in with Lo's Hong Kong Soya Bean Products Co. to create a new, more flavorful soy-bean drink called Puma, which has more than 100 flavor ingredients, including vanilla, orange and cinnamon. Monsanto's Hong Kong subsidiary, Lomond Ltd., will produce the powder concentrate for Puma. The first franchise operations are now being set up in Guiana and Taiwan, and several others are expected to follow soon in other parts of Asia and Latin America. Lo, who owns one-fifth of the company's shares and gets royalties...