Word: consortium
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...long dominated the world skies, but their near monopoly is under assault. Last week The Netherlands' KLM and West Germany's Lufthansa, which up to now have operated predominantly U.S.-made fleets, both announced important buys of wide-bodied, twin-engined planes built by Airbus Industrie, a consortium backed by four European governments...
...Somoza, however, American support remains crucial to stave off the financial effects of turbulence. He is currently trying to arrange an eight year loan of $88 million from a consortium of U.S. banks which would, in the words of one American banker, "give the country a breather." The Nicaraguan government has promised banks that it would catch up on its current interest payments by March 31, from sales of coffee, cotton, meat, and sugar in the early part of the year that provides the majority of the country's revenue. Meanwhile, there has been talk of possible Sandanista intervention...
...announced that NIOC would resume exports, than he was telling cheering oil field workers that Iran would be raising prices by as much as 50%, to $18 to $20 a barrel. At the same time, said Nazih, the Country would cease dealing with the London-based oil consortium', headed by British Petroleum, that has exclusive long-term contracts to buy NIOC exports...
...same time, downtown Detroit is being transformed by a building boom. The biggest addition to the skyline is the much heralded Renaissance Center, completed at a cost of $350 million in 1977 by a consortium led by Henry Ford II. A cluster of five glass towers next to the Detroit River, "Ren Cen" consists of a 73-story hotel, the world's tallest, and four 39-story office buildings. More than 90% of the office space has been rented, and the complex's shopping arcade, which includes elegant boutiques such as Courreges, Ungaro and Cartier, has brought...
Following a steady procession of other curious adventurers, Webber launched his first search for the Concepción in January 1977. He was backed by a consortium of bankers and aided by a team of divers, cartographers, numismatists and electronics technicians. His fishing boat was equipped with sophisticated tracking instruments in addition to $15,000 worth of maps made from aerial photographs. This was not, as Webber put it, a Captain Kidd operation. Said he: "It was purely academic, based on research and scientific technology." Webber did have to strike a sort of treasure hunter's bargain, however...