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BUSINESS
April 27, 1990 | BRUCE HOROVITZ, TIMES STAFF WRITER
Madison Avenue jumped on the glasnost bus in more ways then one Thursday. An American firm that sells advertising space on buses from Los Angeles to New York signed a multimillion-dollar licensing agreement to sell ads on every public bus in Moscow--and a dozen other Soviet cities. By July, Transportation Displays Inc.
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BUSINESS
June 14, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
Hughes Aircraft Co. said Thursday that it has joined an international consortium of companies developing plans for a sweeping, $10-billion modernization of the Soviet Union's air traffic control system. The consortium, Global Air Transportation Systems and Services, was formed in April by Westinghouse Electric Corp. and includes American Telephone & Telegraph Co., International Business Machines Corp., Deutsche Aerospace Co. in Germany and C-Itoh in Japan.
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BUSINESS
January 18, 1990 | CHRIS WOODYARD, TIMES STAFF WRITER
When the fall semester ended last month, Cal State Fullerton professor Robert S. Feldman boarded a flight for Leningrad so hastily that he had to grade final examinations as he crossed the Atlantic. Feldman, director of the university's Russian and East European Area Studies program, said the quick exit was worth the trouble. He sealed a deal for his small Placentia travel company that he said makes him the first American to deal directly for rooms at hotels in the Soviet Union.
BUSINESS
May 21, 1991 | From United Press International
Chevron Corp. said Monday that it has reached a tentative agreement with Moscow on a joint venture, worth potentially more than $1 billion, to pump oil in the Soviet Union. An authoritative oil journal, however, said the deal still has a major hurdle to clear. "The negotiations have been concluded on the terms of the joint venture. The approval process is in the hands of the Soviet governments," said Richard Matzke, president of the Chevron Overseas Petroleum Inc. subsidiary in San Ramon, Calif.
BUSINESS
June 14, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
Hughes Aircraft Co. said Thursday that it has joined an international consortium of companies developing plans for a sweeping, $10-billion modernization of the Soviet Union's air traffic control system. The consortium, Global Air Transportation Systems and Services, was formed in April by Westinghouse Electric Corp. and includes American Telephone & Telegraph Co., International Business Machines Corp., Deutsche Aerospace Co. in Germany and C-Itoh in Japan.
BUSINESS
May 21, 1991 | From United Press International
Chevron Corp. said Monday that it has reached a tentative agreement with Moscow on a joint venture, worth potentially more than $1 billion, to pump oil in the Soviet Union. An authoritative oil journal, however, said the deal still has a major hurdle to clear. "The negotiations have been concluded on the terms of the joint venture. The approval process is in the hands of the Soviet governments," said Richard Matzke, president of the Chevron Overseas Petroleum Inc. subsidiary in San Ramon, Calif.
NEWS
February 21, 1988
Soviet cosmonauts will carry a U.S. commercial project into space for the first time in a deal approved by the government, an attorney for the project said. Payload Systems Inc. of Wellesley, Mass., received a two-year license from the Commerce Department earlier this month to contract with the Soviet space agency to perform protein crystallization experiments aboard the Soviet space station Mir, the Washington attorney, Mark S. McConnell, said. "To my knowledge, it is the first time that the U.
NEWS
March 28, 1989
A Japanese television network signed a commercial agreement with the Soviet space agency Glavkosmos to send one of its reporters for a six-day stay aboard the Soviets' Mir space station in 1991. The deal represents a breakthrough for the Soviets in their efforts to strike commercial deals using their space technology. The Tokyo Broadcasting System refused to disclose how much it is paying the Soviets for the flight, which would be the first for a Japanese--and for a journalist.
NEWS
December 15, 1990 | Reuters
President Mikhail S. Gorbachev virtually banned the Soviet republics and individual enterprises from direct trading with one another and foreign partners, ruling Friday that their first duty was to supply the centralized Soviet state. In a decree, Gorbachev banned all individual deals for 1991 that could damage existing economic ties and said enterprises should immediately sign contracts for supplying the state. Gorbachev's decree was aimed at restoring order to a deteriorating economy.
BUSINESS
December 6, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
With its ambitious plan to sell millions of computers to the Soviet Union apparently now up in smoke, Phoenix Group International has filed for Chapter 11 bankruptcy protection. Phoenix, an Irvine holding company that controls several high-tech operations, listed liabilities of $939,469 and unspecified assets, according to a bankruptcy petition filed Tuesday in federal court in Santa Ana.
NEWS
August 24, 1990 | ELIZABETH SHOGREN and CAREY GOLDBERG, TIMES STAFF WRITERS
More than 20,000 Lithuanians flocked to the Polish border Thursday in a dramatic reminder to the world and the Kremlin that they are determined to be independent, but KGB guards thwarted their plans to take symbolic control of the border by crossing it en masse.
NEWS
June 3, 1990 | MAURA REYNOLDS, TIMES STAFF WRITER
Less than 24 hours after the signing of a landmark U.S.-Soviet trade treaty, Chevron Corp. and a Soviet oil firm announced plans Saturday to study the possibility of jointly developing the massive Tengiz oil field in Soviet Central Asia. Under the agreement, which could lead to the largest U.S.
BUSINESS
May 25, 1990 | CRISTINA LEE, TIMES STAFF WRITER
An Anaheim division of a Minneapolis biomedical manufacturer will supply 20,000 blood oxygenators to hospitals in the Soviet Union under a contract that company officials valued at $6 million. Medtronic Cardiopulmonary, a 380-employee division of Medtronic Inc., manufactures the Maxima blood oxygenator, a disposable device used to perform the functions of the lungs during open-heart surgery. Winston R.
NEWS
December 15, 1990 | Reuters
President Mikhail S. Gorbachev virtually banned the Soviet republics and individual enterprises from direct trading with one another and foreign partners, ruling Friday that their first duty was to supply the centralized Soviet state. In a decree, Gorbachev banned all individual deals for 1991 that could damage existing economic ties and said enterprises should immediately sign contracts for supplying the state. Gorbachev's decree was aimed at restoring order to a deteriorating economy.
BUSINESS
April 9, 1990 | JESUS SANCHEZ, TIMES STAFF WRITER
The Cold War may be winding down, but the Cola War appears to be heating up on the Russian front. Pepsico Inc., which has been selling Pepsi in the Soviet Union for more than 15 years, is scheduled to announce at a Moscow news conference scheduled for today what it describes as "the largest and most comprehensive" commercial trade deal ever signed between an American firm and the Soviet government. The current agreement between Pepsico and the Soviets expires this year.
BUSINESS
May 22, 1990 | CRISTINA LEE, TIMES STAFF WRITER
RHA Group, a small Irvine trading company, has signed an agreement with a division of the Soviet Union's Ministry of Transport Construction, establishing a joint venture company that will assemble personal computers in the Soviet Union. The U.S.-Soviet venture, Arif, is 50% owned by RHA and 50% by the Soviet ministry's computer division. The two partners will initially invest $500,000 each. Paul H.
BUSINESS
April 27, 1990 | BRUCE HOROVITZ, TIMES STAFF WRITER
Madison Avenue jumped on the glasnost bus in more ways then one Thursday. An American firm that sells advertising space on buses from Los Angeles to New York signed a multimillion-dollar licensing agreement to sell ads on every public bus in Moscow--and a dozen other Soviet cities. By July, Transportation Displays Inc.
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