Giant drug firms consider merger
British firms SmithKline Beecham and Glaxo Wellcome discussed a tie up to form the world’s largest pharmaceutical company. The talks would give Glaxo Wellcome 59.5 percent and SmithKline 40.5 percent, with combined market value around $166 billion. SmithKline also said it terminated merger talks with American Home Products.
MENTIONED IN THIS ARTICLE
Philadelphia
SmithKline Beecham PLC
Glaxo Wellcome PLC
SmithKline
American Home Products Corp
Glaxo Wellcome
Brazil denies growing high nicotine tobacco claims
The Brazilian Association of Tobacco Growers rejected AP reports that farmers in southern Brazil grow high-nicotine tobacco. A study by the Agriculture Ministry and the Federal University of Rio Grande do Sul analyzed 15 samples from three farms, finding nicotine levels from 0.75 to 4.18 percent, averaging 2.08 to 2.85 percent and within typical tobacco limits.
MENTIONED IN THIS ARTICLE
Rio DE Janeiro
Brazil
Brazilian Association of Tobacco Growers
Agriculture Ministry
Federal University of Rio
Souza Cruz
Rio Grande Do Sul
El Nino strongest on record to linger into mid 1998
U N climate experts say El Nino remains dominant through mid 1998 with heat energy 1.5 times the U S continental size. They warn La Nina could follow and bring a cold spell from July to September, with ongoing wet and warm conditions globally.
MENTIONED IN THIS ARTICLE
U.N
World Meteorological Organization
United States
California
Pacific Ocean
Indonesia
Australia
Africa
South America
Ecuador
Peru
U.S. fails to meet promise on nuclear waste plan
The United States misses the February 1 1998 deadline to establish a central storage site for civilian nuclear fuel. Courts ruled the Energy Department must accept used reactor fuel, though no permanent facility exists. Utilities, lawmakers, and industry officials debate storage efforts, costs, and safety, with public impact at reactor sites nationwide.
MENTIONED IN THIS ARTICLE
Fress
Ashington
Iaweral
Energy Department
Whic
Gsers
Energy
Elizabeth Moller
Department
Jay Silberg
Joe Colvin
Nuclear Energy Institute
Michael Mariotte
The
Nuclear Information and Resources Service
Harry Reid
D-Nev
Congress
Minnesota
Northern States Power Co
Prairie Island
U.S. Japan air pact expands routes and lower fares
The United States and Japan sign a four year aviation agreement expanding service and reducing costs. United and Northwest will boost Chicago Tokyo and Seattle to Kuala Lumpur and Jakarta via Osaka. Delta Continental and American plus two more carriers gain access to 136 weekly flights. President Clinton calls the pact landmark for increased competition and choices for travelers.
MENTIONED IN THIS ARTICLE
Washington
Japan
U.S
Tokyo
Rodney Slater
America
Heihenen
Clinton
Slater
United
Northwest Airlines
Federal Express
Chicago
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Clare Nillis
Associated Press
Kenya
Somalia
Central Africa
Pacific
Mer
Etross
Canada
Apstonia Cowan, Dawn Des
H. Josef Hebert
Wore
Jpmcon
Oracle
Cisco
Intel
Prigvog
Hercott
E Royal
TaleCom
Elo
Reivesk Rd
Putnay Golder
Kican
Eupac P. Jam
Grind P ‘Empraton
Grown Putnam
Vaya P Amer Century Ath
Growtt Pione
FdPioneer
GeoAp ‘Sar Édsi Grin
SD Mon
Nye Aca
Intrust Bank
Eta Otemiot Cie
Anit
Hickory
Ottawa
Kansas
Claco
PhiMors
PhilSvcg
Quantum
Schimbs
lerkeTal Ned
American Funds
Invgoa
Jbrxor
American Funde
WahMuip
Fordm NY
WalMast NY
Figality Invest
Gralica GR
Forest
Wandys NY
Fidality Invest
Contra
GanEiece
Uva
WatnRey NY
Vanguard Fee
Wadall al
Greantrr WY
Willaman NY
Fidelity Inv Puritan
Intelstaad
Bae
Vitran GA
Mae Men Orcs Vanguard Wallin
Seases Fidelity Advisor
T. Grwopp
incoFd
P Punto
Italy
Svea Mexico
Wa Nma
UY Tate
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