Word: witco
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...firms that have been banned from the 40 million-customer Arab market. The 40 firms owned by British Tycoon Charles Clore were barred last year when Clore and Sir Isaac Wolfson lent Jerusalem $2,000,000 to build a new town hall, and the U.S.'s Witco Chemical was blacklisted after it bought a chemical firm that had an executive who owned a piece of an Israeli oil company. The Arabs offer reinstatement to firms that stop their dealings with Israel, but the Israelis have their own ways of exerting pressure. West Germany's Grundig Radio last month...