Venezuelan News Outlets Line Up With the Foes of Chávez
Date: 22 December 2002
By Juan Forero
Juan Forero
Coverage of protests against Pres Hugo Chavez receive wide coverage from Venezuelan television stations and newspapers, and bias in favor of opposition worries some analysts and journalists, who say it distorts role of press and aggravates current political crisis; editors and owners acknowledge involvement with opposition and antigovernment strike, but say they have little choice, given Chavez's own attacks on press and pro-government slant of state-owned station; photo (M)
Full Article
The Man Who Was Always Watching
Date: 22 December 2002
By Ted Koppel
Ted Koppel
Ted Koppel tribute to longtime ABC News executive Roone Arledge, who died Dec 5; photo (M)
Full Article
Anti-American Feeling Rises in Pakistan as U.S. Confronts Iraq
Date: 22 December 2002
By David Rohde
David Rohde
Suspicion of and disenchantment with US is spreading in Pakistan, fed by anger at US policies toward Iraq and Israel, new American immigration policies, anti-Muslim statements by conservative American religious leaders and misleading accounts in some Pakistani newspapers; there is also fear that Pakistan could be next US target after Iraq; photos (M)
Full Article
WYETH TO SELL NONPRESCRIPTION VERSION OF CLARITIN
Date: 21 December 2002
By Bloomberg News
Bloomberg News
Wyeth will begin selling nonprescription generic version of Schering-Plough's allergy medication Claritin, which lost its patent protection in Dec (S)
Full Article
RYDER FORECASTS PROFITS, BASED ON CUTTING COSTS
Date: 21 December 2002
By Bloomberg News
Bloomberg News
Nation's largest commercial-truck-leasing company Ryder Systems Inc forecasts 2003 profit of as much as $2 a share as result of cutting operating expenses by $44 million to $49 million; lays off 150 additional workers (S)
Full Article
NOVARTIS'S LEUKEMIA DRUG WINS WIDER FEDERAL APPROVAL
Date: 21 December 2002
By Bloomberg News
Bloomberg News
Novartis wins Food and Drug Administration approval to sell its drug Gleevec as first treatment doctors can use for patients suffering from cancer of blood cells called chronic myeloid leukemia; drug was previously allowed only to treat disease in advanced stages (S)
Full Article
FORD SELLS ELECTRIC VEHICLE UNIT, CITING POOR SALES
Date: 21 December 2002
By Bloomberg News
Bloomberg News
Ford Motor Co agrees to sell its Think Nordic electric vehicle unit to Britain's Kamkorp Ltd (S)
Full Article
World Business Briefing | Europe: Russia: Airline Drops Logo
Date: 21 December 2002
By Bloomberg News
Bloomberg News
Russia's biggest airline, OAO Aeroflot, said it would drop its Soviet-era hammer-and-sickle symbol as it rebuilds its image to attract higher-paying business passengers. The winged hammer and sickle harks back to Aeroflot's role as the sole Soviet carrier. According to the Communist Party, the sickle represented the peasants and the hammer the workers, uniting to throw off their chains and build a socialist paradise.
Full Article
World Business Briefing | Europe: Britain: Bank Names Chief
Date: 21 December 2002
By Bloomberg News
Bloomberg News
The Lloyds TSB Group chose Eric Daniels, the head of consumer banking, to succeed Peter Ellwood as chief executive in May. Lloyds is the 11th financial institution in Europe to change top management this year. Mr. Daniels, 51, will be the first American to run Lloyds, the 237-year-old British bank, a spokesman said. He joined the bank last year after 25 years at Citigroup.
Full Article
Fiat Sells its G.M. Stake for $1.2 Billion
Date: 21 December 2002
By Bloomberg News
Bloomberg News
Fiat sold its entire stake in the General Motors Corporation to an unidentified United States investment bank for $1.16 billion in an effort by the Italian carmaker to raise cash and return to profit. Fiat and G.M., which owns 20 percent of Fiat's auto unit, said the sale would not affect an option that allows Fiat to sell the remaining 80 percent stake of the unit to G.M. after 2004.
Full Article