Word: rapid
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...making up for lost time quickly. Never has China's rapid rise been more evident than last week, when two big Chinese companies entered the auctions for two high-profile U.S. competitors: Haier, well known among college students as the maker of small refrigerators popular in dorm rooms, is teaming with a U.S. private-equity firm to bid for Maytag, the struggling appliance maker based in Iowa. And 19 years after getting his M.A. in petroleum engineering from U.S.C., Fu wants to own Unocal, once the parent of those Union 76 gas stations. The company he heads, China National Offshore...
...Rapid-screening tests on U.S. cattle for mad cow disease in the past year...
...major competitors. This year wages may rise by close to 8%. Growth is expected to slow from 2.5% to 1% in 1986. In Denmark, by contrast, inflation and wage in creases are coming down to the rate of its partners in the European Community after years of rapid government spending. Denmark's major problem is a widening trade deficit, which is increasing the country's foreign debt. Norway has been enjoying growth rates of more than 3%, largely because of oil exports, but now is running into trouble. Norwegians have been on a consumer spending spree that is pushing...
...pace has been so rapid that schedules of major groups, which are usually established long in advance, have been altered and expanded almost overnight. The Kirov, for example, had already been scheduled to perform at Vancouver's Expo 86 this month. When the good news arrived from Geneva, the company was able to add Los Angeles, Philadelphia and Wolf Trap in Virginia to its schedule. Unfortunately, the appropriate houses in Manhattan--dance capital of the world--were unavailable on such short notice, and New York dance lovers will have to put on their traveling shoes to see a company that...
...rapid-moving chain of events kept brokers busy. BankAmerica stock, which began the week at 11 3/8, hopped to a 14 7/8 close. USX shares, which have been among the most active New York Stock Exchange issues for weeks, climbed from 26 1/8 to 28 1/8, eventually closing at 27?...