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Show Royal Caribbean, travel while Princess offers and Alaska. MIAMI — P&O Princess Cruisés PLC of Londonplans to merge with Royal Caribbean Ltd. in a $8 billion deal, Jeap- EU Sides With Levi In Trademark Battle frogging Carnival Cruise Lines as the world's largest cruise ship operator. Princess said Tuesday the combined company,tentatively named RCP- Cruise Lines, would have 41 ships and 75,000 berths, topping Miami-based Carnival Cruise Lines. The British company. will own 50.7 percent of the new group, with Royal Caribbean taking 49.3 percent. The combined company would be worth about $6 billion and maintain headquarters in Miami. Bob Simonson, an an: alyst with Chicago-based iam Blair & Co., said the companies would complementeach other A '— Royal Caribbeanis heavily oriented toward Caribbean LONDON fase, 28$40 AIATA ae Ritecdisss APOE nde Neues Avigo $01 Srpnamatsi ‘Aastiom, 2393 Apgension? Abwomed 2319 feacah 451. 95) 15 “E59 125 300 42103 810 201) on 3298-101 18.42 -1. 1250 — A European Union court decision barring Britain’s biggest supermarket from selling Levi's jeans at cut-rate prices is a blow to long-suffering European consumers who simply want the samevalue for their money as Americans, activists and _retailers said Tuesday. Tesco started importing Levi's 501 jeans from outside the European Union, where theyare cheaper,and selling themat a discountin Britain. Levi Strauss said the court's ruling was key tohelpingit maintainthe valueof its brand. Company Announces FAO Schwarz Cuts Siding with Levi Strauss & Co.in its three-year battle with supermarket chain Tesco, the European Court of Justice upheld an EU law requiring that dex KBB said it will cut one trademark holders must give the loss-makingU.S. subsidiary clear consent before their goods can be importedandsold within the 18member European Economic Aréa. The dispute flared Vol_Last Chg Name Vol Last Chg aa iso * Sevios “Seo i renee19 Seramean he? tat ASATHay HA1795 ie Reese NorwayHints at Cutting Oil Output routes. in Europe, Australia Princess Merge omen (519 233 ims 802 803-1 837 705 n.ai8 “07 +3“0at Brkttd "1895 275 1508 +0<44 1845 © |bemblem 731 102 Comtonmatcas30 CorelCp 4066 «253 -. Conan 343.+ Connie 2504 3344, 9405, Com tore’ 1846 118°+ Comacpans NC es 1758 3108 +1. 350 Beacmpanis tot “oe Cosmesoem Celta Cove 5 |Caeevas Gorisynaad Crosse Crooinc s11872 Grad CoitPath 5750 CrssCuy n1472 ehh Ae Bowne aos 93 14° SobeSirs 584 1910 -37 |Bacanpntso Baca ansiso “19 196-2“we Base S815 Sindvw B79 147-0810 Borel 9523 884-07 6.89 +. BioVasc 383 Boofelanct265 24.85 +1.80 — Dutch retail company Venthird of the 1,500 jobs at FAO Schwarz as it prepares tosell European operations. The company bought FAO Schwarz became a priority after the upscale toy store chain posted a first half operating loss of $8 million this year. As part of the agreement, ‘The companies signed letter ofintent onthe sale Monday said Dal-Tile stockholders would receive $11 in cash and about a quarter share of Mohawk commonstock for each Dal-Tile share. Based on Mohawk’s Monday without a meaningful contri bution from non-OPEC close of$51.38, the value to Dal: Tile shareholders would be producers. $23.10 per share, a 31 percent premium over Dal-Tile’s Monof $17, 60. See * Mame_Netw val57 IDB= ‘AdreBo 1335 AMA Gostmstany ase GronMed 34) 1171-04 7-80) 781 402-12 Lexent S657 ERG" i ah jee Bow 31 810 be |toreme eon Fu’ Sage 41.68 +262 IDECs 26706 747 30; [LbveTani296 FNBCpFLATI 25.15 +15 1861 2711 +11 ‘AcresGm1008 Actol "1054 OPECagreed last weekthat it would scale back output by ‘Name Vo! 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Fave t7or 2 Rains 9099717 13fath 'Se? 514 f pootSeS Recokn 4815 RedHat 100475, rac 708 Rogntch 151° 9 feces 128 Retae See Se 28 |e ee BI Beer tt a TRIES2) Ee sais 08 Eee 527 03 ‘ | fessers 7k "Gt Bon rates 887 5 Rescash S18 90) -03 |Bopsd, 216 1045 +14 4415 . In announcing the deal Mondaynight, the companies production target of 23.2 million barrels, ha: pady cur: tailed its official output this year by million barrels aday ie 2150 fepoere 8) S|rans. A [CeeAR ‘Acclaim ‘cred 15422 S84 HB +. Bocrst 310 353 ”“0s Crewe 1986. 95 Mohawk Industries Inc. in a $1,7 billion deal that includes cash, stock and assumed debt the world’s oil andhas a daily +07 HELEN- Sweetheart of the Internet 280 | {aa : 109 1600 2367-1 1105 1. 2.63 +) 24.80 +. Dal-Tile Inter- agreed to be acquired by Georgia-based carpet maker The Organization of Petroleum Exporting Countries, whichsupplies about a third of in 1990 for an undisclosed sum. The sale of FAO Schwarz Vendex will receive a 15 percent stake in The Right Start, but plansto divest the interest DALLAS national Inc., a Dallas-based maker of ceramic tile, has “Norway. will take its responsibilityif necessarytosta bilize markets, but I mustin. form parliamentfirst,”hesaid, after holding talks with his Mexican counterpart. Most of the job cuts will come from those store closures, Vendex said. No further details of the closures werereleased. Vendex KBB will focus on — including the flagship New Mohawk Carpet To Acquire Dal-Tile. willing to cut oil production to stabilize plunging prices, but he gave no time frame and made no prom shops across the United States. York City store — to U.S. toy retailer The RightStart. 1 but only if non-OPEC memand Mexico, also dotheir part. OSLO, Norway Norway's Oil Minister Einar Steensnaes indicated Tuesdaythat he was is based in Calabasas,Calif. Before the deal is concluded in January, the Dutch retailer said it will close 17 of 42 FAO Name Vol Last Chg SiGe 308 1900 - Bamin after AMSTERDAM,Netherlands evening. The Right Start 1.5 million barrels a day onJan. bers, such as Norway, Russia 4 a aH1m + S 3 118-07 om ita S107 <0 250 0692 + Dondep 2861 4718. 2 Baap 1079878 Zoines _— 1319 40.86 ns elas stan 1611 1 ; |
