January 31, 2008 |
Altria Group Inc. will spin off its overseas unit March 28, bowing to U.S. investors demanding higher dividends and stock buybacks. Shareholders will get one Philip Morris International share for each Altria share, the New York company said. Altria Chief Executive Louis C. Camilleri will become CEO of the Lausanne, Switzerland-based overseas division and work to accelerate growth into emerging markets as smoking bans spread in Western Europe.
April 17, 1986
Agriculture Secretary Richard E. Lyng announced the program to promote U.S. raisin sales to Western Europe and Pacific Rim countries, including Taiwan and South Korea. Lyng said the promotion will be carried out cooperatively under an agreement between the Agriculture Department's Foreign Agricultural Service and the California Raisin Advisory Board, a nonprofit commodity group.
June 1, 1987 |
Popular support for NATO is weakening in Western Europe, and the alliance could be jeopardized if the Labor Party wins next month's elections in Britain, a report by a House Foreign Affairs subcommittee said Sunday. "In a worst-case scenario for NATO, if a British Labor government attempts unilaterally to implement Labor's current defense program, the alliance could be put in jeopardy," the report issued by the House Europe and Middle East subcommittee said.
March 2, 1985 |
Prime Minister David Lange of New Zealand, in trouble with his Western allies over his anti-nuclear policy, scored a narrow victory over the Rev. Jerry Falwell in their debate Friday at Oxford University. Oxford students voted 298 to 250 in favor of the motion supported by Lange and opposed by Falwell, leader of America's conservative Moral Majority. The motion declared, "Nuclear weapons are morally indefensible."
July 10, 1990 |
Kaiser International Inc., the master franchiser of American Speedy Printing Centers in California, announced Monday that it has purchased European franchising rights from the Michigan quick-printing company and will invest at least $6 million to start a chain of copy shops in Europe. The European deal is part of Kaiser's aggressive overseas expansion strategy. Two months ago, the Anaheim-based firm signed a 50-year joint venture pact with Canon Sales Inc. and Mauzen Co. Ltd.
February 11, 1990 |
Some Eastern European countries may have to go a century back in time to find a geopolitical model to help pull them out of the economic shambles left by the collapsing communist system. So says Thibaut de Saint Phalle, financial lawyer, author and World War II veteran who has spent much of his life making his way through the maze of international finance. De Saint Phalle is circulating the idea that what Eastern Europeans need, now that Soviet President Mikhail S.
February 4, 1992
In general, are you for or against efforts being made to unify western Europe? Country Very much for To some extent for Against Don't know Portugal 54 30 4 13 Greece 47 35 8 11 Ireland 44 35 8 12 Italy 43 46 5 7 Spain 42 41 6 11 Germany 32 48 14 7 Britain 27 41 22 11 Luxembourg 26 48 18 8 Belguim 25 55 9 9 France 24 55 12 9 Netherlands 23 53 18 6 Denmark 22 44 33 4 Source: Eurobarometer 36 - autumn 1991. Note: Figures may not add up to 100% due to rounding.
November 23, 1989 |
The Bush Administration on Wednesday virtually cut off the prospects for most Polish and Hungarian refugees in Western Europe to resettle in the United States any time soon. Citing "the democratic evolution" in those nations, the State Department said it will process no new applications by Polish and Hungarian refugees.