Word: ltd
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...single company, Royal Dutch/Shell, the world's second biggest oil company - after Standard Oil (New Jersey) - and by far the most international in scope, organization and spirit. Controlled in partnership by two holding companies, one Dutch (Royal Dutch Petroleum Co.) and one British (Shell Transport & Trading Co., Ltd.), Royal Dutch/Shell is a two-headed creature that owns or partially owns 500 worldwide subsidiaries. Known simply as "Shell" to the public and to the oil industry as "the Group," it produces 14% of the free world...
...have to solve its financial woes or turn in its wings for good. To Capital Airlines last week went formal notice that the Civil Aeronautics Board will launch a full-scale investigation into the line's affairs, its unpaid $33.8 million mortgage debt to Britain's Vickers Ltd. for 60 Viscounts, and its mounting losses, which total $5,400,000 for 1960's first quarter, v. $936,878 in 1959. The study will consider whether to merge the line with another carrier, suspend all or part of its routes, or transfer some or all of its routes...
...Nossal of the Toronto Globe and Mail (circ. 226,000), Nossal joined a corps of foreign correspondents distinguished mainly for partisan reporting. Indeed, of Peking's 25-man complement of visiting newsmen, only two others-both wire-service men, one from Agence France-Presse and one from Reuters, Ltd.-are of the non-Communist press. After reading thousands of words of Nossal's copy, his hosts expressed themselves as more than satisfied with the new visitor. Conferring on him the distinction of being the Western Hemisphere's first Red China-based newsman, they extended Nossal...
...globe, Cohn juggled loans from U.S. and foreign moneylenders, borrowing from one to pay another. With his associates, Cohn last October borrowed $339,000 from the Mastan Corp. in Manhattan at a monthly interest rate of 1½%, and $532,000 from a Hong Kong moneylender, Commercial Investment Co., Ltd. With the help of this money, the Cohn group bought the controlling interest in Lionel. A month later Cohn borrowed $400,000 from Atlantidi, S.A., a Panamanian moneylender, used it to pay off the Mastan Corp. loan. Last month Cohn borrowed an additional $365,000 from Manhattan's Austin...
...Ltd.'s plan to lay down a 1,400-mile pipeline to carry 458.7 million cubic feet daily to its California parent, the Pacific Gas & Electric Co. Under the two other licenses, Canadian gas would flow to markets in Montana and the Northwest...