Word: millions
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...island economy is preparing for its most ambitious single undertaking. In six months, construction will begin on a steel-producing complex at an estimated cost of $250 million...
TRADE Italy to Russia In the Volga town of Togliatti, Fiat is building a plant for the Russians that will eventually turn out 600,000 cars a year. Last month Pirelli concluded a $50 million deal to make rubber parts for the Fiats. Italy's state-owned ENI petroleum company is ready to build a pipeline from the Ukraine to Trieste. Olivetti is in the midst of talks to supply the Soviet Union with office equipment. Almost weekly some new deal is announced in which an Italian company snaps up a contract in Russia. The man most responsible...
Savoretti landed his first contract, for $1,600,000 worth of grinding machines, a long, tough year after he set up headquarters in the Hotel National facing Red Square. Almost two years were to pass before two synthetic fiber plants worth $40 million were ordered through his services from Chatillon in Italy. Then things started picking up with contracts for six 50,000-ton tankers for Savoretti's client Ansaldo, followed by others and culminating in the Fiat deal, the largest the Soviets ever made with a Western firm...
Today, the Diners' Club is flourishing along with the rest of the credit-card industry. With annual billings of $700 million, it stands behind American Express (over $1 billion) and ahead of third-ranking Carte Blanche ($135 million) among so-called "travel and entertainment" card systems. Also stepping up the nation's credit-card spree are banking institutions, led by California's Bank of America, whose highly successful BankAmericard enjoys annual billings of $458.9 million. For all the competition, the Diners' Club achieved profits during fiscal 1967 of $2,500,000, a 21% increase over...
...marketing problems that impressed RCA's Chairman David Sarnoff to the extent that in 1957 he hired Burns as president. The mutual admiration did not last. Under Burns, RCA became deeply involved in the computer making business, and in one year took a $100 million loss. Only in 1969 is the company's computer division likely to get into the black. In the meantime, Burns was politely ousted...