August 9, 2001 |
Billionaire Saudi Prince Al Waleed ibn Talal ibn Abdulaziz al Saud, a self-proclaimed "buy and hold" investor, apparently has sold shares of McDonald's Corp. (ticker symbol: MCD), Coca-Cola Co. (KO) and Gillette Co. (G) in recent months. The three companies weren't on a list of current holdings provided by Al Waleed's office, after appearing on a list distributed in November. Donna Karan International Inc. (DK), Hyundai Motor Co. (HYMTF) and Malaysia's No.
April 13, 2002 |
General Motors Corp.'s expected takeover of Daewoo Motor Corp. would probably spell the end of the South Korean car maker's operations in the U.S., a top American Daewoo official said Friday. The deal, expected to be signed this month, would strand Daewoo's 525 U.S. dealers, about 160,000 car owners and about 8,000 dealership and corporate employees. Gary Connelly, senior U.S.
December 15, 1998 |
Upstart Daewoo Motor Corp.'s ballyhooed plan to attack the American auto market without a conventional system of franchised dealers might be backfiring. In its first three months of U.S. retailing, the South Korean auto maker has sold 1,750 cars, but only 700 were bought by members of the public, according to preliminary sales figures obtained by a respected industry trade journal.
January 13, 1998 |
Some of the most barren, inhospitable land in the world lies between Australia's southern and northern coasts, almost 2,000 miles of desert, dry scrub and moonscape. For some people, including government leaders, it is a barrier that must be conquered to increase trade between Asia and southeast Australia, where the vast majority of the country's 18 million people live.
November 16, 1997 |
Some of the most barren and inhospitable land in the world lies between Australia's southern and northern coasts, almost 2,000 miles of desert, dry scrub and moonscape. For some people, including government leaders, it is a barrier that must be conquered to increase trade between Asia and southeast Australia, where the vast majority of the country's 18 million people live.
December 29, 1994 |
Ending a long and anxious wait for fans of the famed Apple Macintosh personal computer, a California start-up with backing from Olivetti of Italy on Wednesday announced the first-ever agreement to build Macintosh "clones." Power Computing Corp., based southeast of San Francisco in Milpitas, said it will sell Macintosh machines under its own label and also make components and complete systems for other companies.
January 30, 1996 |
South Korean prosecutors Monday sought prison terms ranging from a year to 10 years for nine business leaders and five former political aides who are co-defendants in the corruption trial of former President Roh Tae Woo. Prosecutors demanded a four-year sentence for Daewoo Group Chairman Kim Woo Choong, accused of giving Roh $19 million in bribes, and a three-year sentence for Samsung Group Chairman Lee Kun Hee, who allegedly gave the former president bribes of $12.6 million.
December 18, 1995 |
A historic corruption trial, rich in potential to humiliate past and present political and business leaders, began today for former President Roh Tae Woo and 14 other defendants. Roh, 63, was shown on nationwide television dressed in white prison pajamas and stepping off a prison bus to enter Seoul District Criminal Court. In a gesture of respect for his status, he was not roped or handcuffed, as is customary when prisoners arrive for trial. He looked haggard but calm.
July 3, 1995 |
Lured by Vietnam's robust economic growth, the world's biggest auto makers are racing to assemble vehicles in what they hope will become Asia's next booming car market. Ford Motor Co. and Chrysler Corp. of the United States, Japan's Toyota Motor Corp. and France's PSA Peugeot Citroen are among the companies investing or applying to invest a total of more than $650 million in assembly plants. Japan's Daihatsu Motor Co. and Suzuki Motor Corp.