Word: ltd
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Britain's Wilkinson Sword Ltd. has had such success in the U.S. with its long-lasting stainless steel razor blades that American Safety Razor and Schick have produced copies, and Gillette is now preparing to assault the market. Finding themselves unable to keep up the pace against competitors with greater resources, some companies have chosen to sell their new ideas to larger firms. Even giant Monsanto, first into the market with a soap for automatic washers (All), eventually got out of the hotly competitive market rather than try to match the budgets of soapmakers...
...because the management thought girls sold the ads better. He headed for Hong Kong to seek his fortune. He apparently found it after World War II in the vague area of "mining and transportation," it is said. He has a company in Malaya called Eastern Mining and Metals Co., Ltd. Beyond that, little is known. The world of John A. T. Galvin's wealth could become public when his tax case comes to court. But, as Galvin's California lawyer says, "These things take forever, you know...
...Britain, Macqueen Cybernetics Ltd. has developed a monster that can do practically everything for a knitted garment except pour the customer into it. It scans a design electronically, then out of its computer brain come punched tapes that control the pattern of the material and tell each needle when to knit or purl...
...prudently struck out "Dominion, Colonial and Overseas" from its longtime overseas title and left the meaningless initials. Today it is involved in a profitable partnership with onetime colonials that has raised its assets to $2.5 billion, a significant portion of the $9 billion assets of its parent, Barclays Bank Ltd. of London...
Delicate Art. Last week in London, Levy sat in on talks between Brunei Shell Petroleum Co. Ltd. and the Brunei government designed to give Brunei a larger slice of revenue from private oil production (1962 daily output: 85,000 bbl.). Levy merely observed; by the time the delicate negotiations began, he had already given his client. His Highness Sultan Sir Omar Ali Saifuddin. "disinterested advice" about what he considered a fair price for both parties...