Word: marketeers
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...cash and a trunkful of objets d'art and Oriental miniatures. The son of a Bombay art dealer and a descendant of a long line of Parsis (a sect that left Persia in about the 8th century and settled in India), Heeramaneck quickly found a ready market in America. From that day forward, his policy became, as his wife Alice puts it, to "buy five, sell four and keep the best for himself...
With the promise of trouble to come, money markets came under their worst speculative pressure since last November's currency crisis. In Paris, London and Zurich, the free-market price of gold climbed to all-time highs. It soared to $48.41 per oz. in Paris, compared with the official price of $35. Many people were lusting to buy gold, and practically no one was willing to sell. Frenchmen, historically distrustful of their own currency, defied monetary controls and smuggled suitcases full of francs into Switzerland and Belgium. There, they rushed to put their money into gold, Eurodollars and strong...
Aptly Named. Everyone involved was doubly elated, since there were times during the past nine years when it seemed unlikely that the Concorde would ever be built, much less get off the ground. Incessant wrangling between France and Britain about entry into the Common Market threatened an embarrassing end to the project. But through all the bickering, technicians of France's Sud Aviation and the British Aircraft Corporation got along famously. For them, at least, the Concorde has more than lived up to its name, producing the kind of amity that De Gaulle seems determined to frustrate. Said Britain...
...partners talk hopefully about a potential market for 400 Concordes. Their break-even point is thought to be around 130 planes, and the manufacturers have in hand 74 options, all of which can be withdrawn by the airlines that placed them. Meanwhile, the Europeans have been anxiously watching as the U.S. designs and redesigns its own SST. When the U.S. plane finally flies, it will be much bigger than the Concorde and some 350 m.p.h. faster. Britons continue to fear that they will again be first-as they were in television broadcasting, jet engines and jet transports-only...
Fuji and Yawata together account for 34% of Japan's burgeoning steel production. They have no complaints about complying with conditions imposed by the Fair Trade Commission, and have reduced their share of the market in heavy rails, tinplate and foundry iron, in which they would otherwise clearly hold a monopolistic position. Significantly, Japan's four other major steel firms showed no real opposition to the merger. "The other steel companies have become strong enough to withstand any kind of competition," explained Hosai Hyuga, president of Sumitomo Metal Industries. Indeed, some competitors are counting on the trend...