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Shillingtord Lambe Assoc. Ltd...
...London goes to Harrods," boasts the store's 31-year-old chairman, Sir Hugh Fraser, who succeeded his father two years ago. "It ranks with Buckingham Palace and the Tower." Now Western Europe's largest department store, Harrods is the pride of the House of Fraser Ltd. (1967 sales: $243 million), the chain which bought the eight-store Harrods group for about $100 million...
...Fleming of the Detroit-Wayne County Port Commission estimated that the tie-up was costing Michigan business $500,000 a day in lost revenues. "We expect some such stupidity as this about ten days a year," said President John D. Leitch of Toronto's Upper Lakes Shipping Ltd., "and we try to allow for it in our pricing system...
...enabling holders to use their cards when traveling abroad. Interbank, with Banco Nacional de Mexico S.A. already in the fold, hopes soon to sign up banks in Japan and Western Europe as well. Not to be outdone, BankAmericard has gone into a joint credit-card venture with Barclays Bank Ltd. in Britain, Sumitomo Bank in Japan and four banks in Canada. BankAmericard is already interchangeable with Barclaycard and Sumitomo card, and next month the Canadian banks will join the system with their own Chargex card. So that merchants in the four countries will readily recognize them, all of the cards...
...Philippine President Ferdinand Marcos, a bitter political rival, as against the Japanese. Marcos sees Japan as a source of sorely needed investment capital, last year issued an administrative order that enabled the 17 Japanese businesses, which include such well-known trading firms as Mitsui & Co. and Sumitomo Shoji Kaisha Ltd., to operate in the Philippines. The Japanese obtained government licenses and moved in quietly; most of them discreetly left corporate name plates off their office doors, instead put up signs reading simply "Welcome, walk...