Taiwan Officials Confiscate Copies of Magazine Over an Article
Date: 22 March 2002
By Mark Landler
Mark Landler
Taiwan's government stuns its freewheeling news media by seeking to ban weekly magazine Next as it prepares to publish article potentially damaging to Pres Chen Shui-bian; police and prosecutors claim article could jeopardize Taiwan's national security; confiscate 160,000 copies of magazine; Next is still able to distribute 220,000 copies; at issue is report of secret $100 million fund reportedly used by former Pres Lee Teng-hui and officials in current government for diplomatic missions and policy initiatives; most damaging aspect of article is allegation that secret funds continue to exist in administration of Chen, who ran on platform of clean government (M)
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Killing Suspect to Be Tried Under the Laws of Pakistan
Date: 22 March 2002
By Raymond Bonner
Raymond Bonner
Muslim militant Ahmed Omar Sheikh will be formally charged with kidnapping and murder of American journalist Daniel Pearl in Pakistan; move is likely to complicate and possibly thwart American attempts to have Sheikh handed over to United States for prosecution; Pakistani officials say key factor in deciding against handing over Sheikh to Americans is powerful Inter-Services Intelligence agency, which apparently fears Sheikh might reveal links between it and extremist Islamic groups (M)
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BARR LABORATORIES IS BUYING ENHANCE PHARMACEUTICALS
Date: 22 March 2002
By Bloomberg News
Bloomberg News
Barr Laboratories, which makes generic versions of brand-name drugs, acquires Enhance Pharmaceuticals for $44 million (S)
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SCHERING TO BUY REST OF COLLATERAL THERAPEUTICS
Date: 21 March 2002
By Bloomberg News
Bloomberg News
Schering agrees to take over Collateral Therapeutics Inc for $140 million in stock to expand in gene therapy products and heart treatments (S)
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SHELL SETTLES ROYALTIES CASE FOR $33.5 MILLION
Date: 21 March 2002
By Bloomberg News
Bloomberg News
Royal Dutch/Shell Group pays $33.5 million to settle lawsuit filed by State of Alabama claiming more royalties from natural gas Shell produced in state waters; Shell Oil Co was sued in June 1999 for underpaying royalties as far back as 1991 for gas from Mobile Bay (S)
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HUBBELL TO BUY LIGHTING UNIT OF U.S. INDUSTRIES
Date: 21 March 2002
By Bloomberg News
Bloomberg News
Hubbell Inc, which makes outdoor and commercial lighting, agrees to buy LCA Group lighting unit of US Industries for $250 million (S)
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GOODYEAR'S TIRE SHIPMENTS LAG THOSE OF RIVALS
Date: 21 March 2002
By Bloomberg News
Bloomberg News
Goodyear Tire and Rubber Co says shipments to retailers in North America lagged rivals for first two months of year as dealers sold fewer tires than expected; company's shares fall $2.55, or 9 percent, to $25.40, biggest one-day drop since Sept 17 (S)
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EXECUTIVE RESIGNS AND L90 PAYS TO END A MERGER
Date: 22 March 2002
By Bloomberg News
Bloomberg News
L90 Inc Internet marketing company, says chief financial officer Thomas Sebastian has resigned; adds it has paid eUniverse undisclosed amount to end their merger (S)
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CARNIVAL, THE CRUISE COMPANY, REPORTS HIGHER PROFIT
Date: 22 March 2002
By Bloomberg News
Bloomberg News
Carnival Corp says net income rose to $129.6 million in its first quarter from $128 million year earlier; revenue fell 10 percent, to $905.8 million (S)
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MALAN REALTY, SHOPPING CENTER OWNER, TO LIQUIDATE
Date: 21 March 2002
By Bloomberg News
Bloomberg News
Malan Realty Investors Inc, citing decline in its stock price, says its board voted to sell company's 58 shopping center assets and liquidate company (S)
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