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The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.
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Word | Issue_date | Paragraph | Date |
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Boeing's merger with McDonnell Douglas
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19/07/1997
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The European Commission's panel of experts recommended that the European Union should decide not to approve of Boeing's merger with McDonnell Douglas, though it has been given the go-ahead by American antitrust regulators.
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2015-11-15 09:47:22.629757
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British Telecommunications
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19/07/1997
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British Telecommunications, which is due to merge with MCI Communications in a $21 billion deal, expressed “surprise and disappointment” that the American telecoms group would lose $800m this year—double what was expected—on its local telephone operations. MCI said its expansion plans were well known to BT.
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2015-11-15 09:47:22.639597
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MCI Communications
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19/07/1997
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British Telecommunications, which is due to merge with MCI Communications in a $21 billion deal, expressed “surprise and disappointment” that the American telecoms group would lose $800m this year—double what was expected—on its local telephone operations. MCI said its expansion plans were well known to BT.
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2015-11-15 09:47:22.641376
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AT&T
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19/07/1997
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John Walter resigned after only eight months as AT&T's president. The board had refused to back him to become the telecom giant's next chief executive.
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2015-11-15 09:47:22.643576
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Bill Gates
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19/07/1997
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Bill Gates is by far the richest businessman in the world, according to Forbes magazine, which reckons his net worth has soared by $18 billion during the past year. Of the 200 people on the magazine's super-rich list, 60 are American, 56 Asian, and only 44 are to be found in Europe.
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2015-11-15 09:47:22.646837
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ICI
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19/07/1997
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Britain's ICI sold $3 billion-worth of its industrial-chemicals business to DuPont, America's biggest chemicals group. ICI also sold a 62% stake in ICI Australia for £1 billion ($1.68 billion). The cash from these sales will help to finance ICI's £4.9 billion purchase of Unilever's speciality-chemicals business, announced in May.
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2015-11-15 09:47:22.648848
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DuPont
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19/07/1997
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Britain's ICI sold $3 billion-worth of its industrial-chemicals business to DuPont, America's biggest chemicals group. ICI also sold a 62% stake in ICI Australia for £1 billion ($1.68 billion). The cash from these sales will help to finance ICI's £4.9 billion purchase of Unilever's speciality-chemicals business, announced in May.
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2015-11-15 09:47:22.651186
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“dead hand” poison pills
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19/07/1997
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An American federal court upheld the use of “dead hand” poison pills as a tactic in defending companies against hostile takeovers. The controversial tactic in effect gives directors of companies the power to thwart a takeover even after they have been ousted from their positions by shareholders.
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2015-11-15 09:47:22.652977
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human heart in the laboratory
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19/07/1997
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Advanced Tissue Sciences, an American biotechnology company, claimed it would soon be able to grow a human heart in the laboratory. The company has already managed to grow heart valves, heart muscles, blood vessels and a human finger joint. The European Parliament approved on first reading a law that would harmonise national patent legislation on genetic engineering, and would allow continent-wide patents for genetic inventions.
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2015-11-15 09:47:22.655265
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patent legislation on genetic engineering
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19/07/1997
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Advanced Tissue Sciences, an American biotechnology company, claimed it would soon be able to grow a human heart in the laboratory. The company has already managed to grow heart valves, heart muscles, blood vessels and a human finger joint. The European Parliament approved on first reading a law that would harmonise national patent legislation on genetic engineering, and would allow continent-wide patents for genetic inventions.
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2015-11-15 09:47:22.656925
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