European PC sales continue to surge

Article Abstract:

Personal computer sales in Europe went up 19.5% in the second quarter of 1998 compared to the same period a year ago, according to Dataquest, a market-research unit of Gartner Group of the US. Sales of PCs in the US for the same period rose by 12%. Leading seller was Compaq Computer Corp. Dell Computer Corp. gained the No. 2 rank for the first time with a quarter-to-quarter growth of 79% dislodging International Business Machines Corp., which registered a slight growth rate of 9%. Dell's strategy of allowing customers configure the PCs they intend to buy through direct telephone and Web sites has reduced Dell's sales costs and has kept its component inventories down.

Comment:

Personal computer sales in Europe went up 19.5% in the 2nd quarter of 1998 compared to the same period a year ago

Europe, Electronic Computer Manufacturing, Analog & Hybrid Computers, Market information - general, Microcomputers, Dell Inc.

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British Air sees ruling soon on alliance

Article Abstract:

British Airways Chairman Sir Colin Marshall announced he anticipated the European Commission will decide sometime in June 1998 about British Airways' proposed alliance with AMR Corp.'s American Airlines. On May 27, 1998, British Airways announced the company is seeking probable alliance partners in Asia. The UK airline has been reported to be considering to partner with Japan Airlines, which has already teamed up with American Air. Meanwhile, British Airways posted 580 million pounds sterling in pretax profit for the year ended Mar. 31, 1998, down 9.4% from the airline's 640 million pounds sterling in pretax profit for the previous year.

Comment:

Expects the European Commission will decide sometime in 6/98 about this co's planned alliance with AMR Corp.'s American Airlines

United Kingdom, Scheduled Airlines, Scheduled Air Transportation, Airlines, British Airways PLC

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Posco, Nippon Steel strengthen relationship

Article Abstract:

Pohang Iron and Steel Company Ltd. and Nippon Steel Corp. are expanding their partnership. Each company will purchase increased shares in the other, in an effort to enhance market share, and to deal with the threats posed by consolidation in the steel industry.

Blast furnaces and steel mills, South Korea, Japan, Market share, Steel industry, Company market share, Pohang Iron and Steel Company Ltd., Alliances and partnerships, Nippon Steel Corp.

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