Word: ltd
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...owns part of ten companies, including a tanker fleet and a charter airline. Emmanuel Akwiwu, 43, earned law degrees at Cambridge; returning home just as Nigeria's oil boom began he organized a company that now has 70 vehicles, hauls oil rigs and supplies for British Petroleum Ltd. Chief Shafi Lawal Edu, 54, who is president of Lagos' chamber of commerce, has built a fleet of eight oil tankers. He owns a silver-blue Rolls-Royce, but usually drives around in a Mercedes-thinks it is less ostentatious...
...boss (1932-39) of the sprawling (now 80 plants in 67 countries), well-heeled (annual sales: some $400 million) producer of cheap shoes founded by Half Brother Thomas, but who in 1962 was relegated to an outpost in Brazil after Nephew Thomas Jr. of Canada's Bata, Ltd., won control of the family empire in a spectacular court fight; of a heart attack; in São Paulo, Brazil...
Sign & Fly. The sleuths, alas, could not protect American Express against one of the biggest business frauds of all time-the Great Salad-Oil Scandal. As a result, the company today is preoccupied with a problem of its own: satisfying the creditors of bankrupt American Express Warehousing, Ltd., a minor subsidiary that was conned into issuing warehouse receipts for the nonexistent salad oil of Commodities Speculator Anthony De Angelis, who is now appealing his recent 20-year jail sentence. Although American Express is not legally responsible for some $100 million in claims on its subsidiary, it has offered creditors...
Layoffs & Cutbacks. Ford Motor Co. Ltd., Britain's second largest automaker, put 10,000 workers on a four-day week, starting this week. Reason: the credit restrictions imposed by Labor in June have cut home demand (exports are at record levels). Hoover Ltd., a major washing-machine maker, ordered 4,000 Welsh and Scottish workers onto a short week starting Sept. 6. The Transport Ministry postponed for six months about half of the $140 million in road building that was to have started shortly. Most telltale of all, unemployment leaped by 58,333−a startling...
Died. Sir John Hanbury-Williams, 73, longtime (1946-62) chairman of Courtaulds, Ltd., Britain's largest manufacturer of synthetic fibers (sales: $840 million), who as managing director in the 1930s led the firm into the production of nylon and cellophane, saw it fall on hard times in the 1950s with stiffer competition and declining sales, barely staved off a takeover bid by Britain's giant Imperial Chemical Industries, Ltd., in his last year as chairman; of cancer; in London...