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...biggest U.S. stake. It has $2.9 billion invested, mainly in petroleum (Royal Dutch/Shell), chemicals, textiles, insurance and a range of consumer items that includes Brown & Williamson's Viceroy cigarettes, Unilever's laundry products and Good Humor ice cream, and hot-selling Capitol Records, in which EMI Ltd. has a controlling interest. Current sterling-export restrictions are making expansion difficult but not impossible. Much as U.S. firms do in Europe, Bowater Paper went to U.S. capital markets for its share of a new $14 million newsprint plant that it is building jointly with the Newhouse newspaper chain...
...conclusive. Nonetheless, the industry's early-October performance suggests that the 10% tax surcharge has done remarkably little to dampen consumer spending.* With Buick and Oldsmobile improving most, G.M. showed sizable gains in all divisions except Cadillac. Ford fared best with such full-size models as its new LTD, while Lincoln Mercury's biggest gainer was the Cougar, available for the first time in a convertible. Chrysler reported across-the-board gains, paced by Plymouth's ultra-sporty "Road Runner," so-called because of a "beep beep" horn that recalls the cartoon character of that name...
...once-one on each leg and one on an arm. In the first three months on the U.S. market, about 4,000,000 of the $1.29 toys have been sold. The reason cannot be novelty: a similar toy enjoyed brief popularity four years ago. Robert Asch, president of Twinpak Ltd. of Montreal, which makes the Footsee, is sure the game is far older; he got the idea while watching Arab children in Jerusalem playing with like contraptions...
...reasons for the improvement in Britain's balance of trade is the invasion of British business by U.S. businessmen. Few Britons would agree with that statement. But one who does-and is preaching it to anyone who will listen-is Joe Hyman, whose Viyella International Ltd. has grown into one of Britain's largest textile groups and most active exporters...
...offer to English Electric shareholders. But until terms of the agreement with British G.E. are made public, he will have obviously no idea about how much to raise the ante. An alternative for Clark would be to merge Plessey with another firm, one possibility being Hawker Siddeley Group Ltd., an aircraft and diesel-engine manufacturer. And he can always hope for a miracle, like the government's withdrawing its approval of the proposed merger. In the U.S., the Justice Department would cast the dourest eye on a get-together between such large competitors. But Harold Wilson's government...