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CMB SHIFTS TRANSPORT FOCUS
Simon Cameron Moore |
Like most major shipping companies, Compagnie Maritime Belge SA (CMB), Belgium's largest shipowner,
Maritime
WORKERS WITH DISEASES PROTECTED FROM JOB LOSS
Leah R. Young |
Persons with contagious diseases are handicapped and protected from job lossbecause of the
AMERICAN EXECUTIVES FEEL PINCH AT FOREIGN TRUCK OPERATIONS IN US
Michael S. Lelyveld |
Lots of managers of foreign truck companies' U.S. operations are out on the street. The doll
DOLLAR FLUCTUATES ERRATICALLY
Knight-Ridder Financial |
The U.S. dollar fluctuated erratically within a narrow trading range Tuesday, leading analysts to de
DAIWA SEES LOWER PROFITS FOR JAPANESE
Knight-Ridder Financial |
Combined pretax profits earned by major Japanese firms in the fiscal year ending March 31, 1988, wil
FINANCIAL BRIEFS
From Wire and Staff Reports |
Swiss Banks Raise Some Deposit RatesThe four big Swiss banks raised their rates on 3- to 8-m
COMMODITY BRIEFS
From Wire and Staff Reports |
Japanese Banks Seek Financial Futures MartYoshiro Araki, chairman of Japan's Federation of B
COFFEE FUTURES PRESSURED
Knight-Ridder Financial |
Coffee prices should stabilize around 105-115 U.S. cents a pound, basis the second position on the L
MALAYSIA SEEKS TO BECOME 3RD LARGEST COCOA PRODUCER
Knight-Ridder Financial |
At the current rate of growth Malaysia will be the world's third largest cocoa producer by 1990, sai
SOVIET OIL EXPORTS TO WEST RISE 15 PERCENT
Journal of Commerce Staff |
The Soviet Union's crude oil and petroleum product exports to the West rebounded by just under 15 pe
SPOT PRODUCT PRICES
JOC Staff |
March 3, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
SAUDI ARABIA STANDS FIRM IN DEFENSE OF $18 OIL PRICE
(Ap) |
Saudi Arabia is determined to defend the $18 a barrel OPEC price, and oil industry executives said i
SHULTZ URGES CHINESE TO KEEP MARKETS OPEN
Jasper Becker |
After two days of talks with China's senior leaders, U.S. Secretary of State George Shultz said he w
Maritime
SHULTZ URGES CHINESE TO KEEP MARKETS OPEN
Jasper Becker |
After two days of talks with China's senior leaders, U.S. Secretary of State George Shultz said he w
Maritime
MASS. OFFICIAL SAYS STATE DOESN'T NEED NUCLEAR POWER
Journal of Commerce Special |
Massachusetts could do without electricity generated by two controversial nuclear power plants if re
GELCO EARNINGS UP FOR QUARTER
JOC Staff |
Gelco Corp.'s second quarter earnings rose to $5.2 million, or 67 cents a share, from $3.2 million,
FOREIGN HEADLINES
From Wire and Staff Reports |
Seoul Demonstration SEOUL, South Korea - Demonstrators fought for hours against nearly 50,00
Maritime
WESTERN PRICES ROSE 2.3 PERCENT IN '86
(Ap) |
Prices paid by consumers in the major industrial countries rose an average of only 2.3 percent last
Maritime
MUTUAL FIRE MAY RISE FROM THE ASHES
Larry Fish |
Each weekday morning, four examiners from the Pennsylvania Insurance Department report to the eighth
CLARIFICATION CORRECTION
JOC Staff |
Royal Insurance USA was profitable in commercial multiperil last year. An earlier article misstated
SOVIETS LIFT CHARTER MART
Bruce Barnard |
The Soviet Union has swooped onto the depressed dry cargo shipping market, chartering Western vessel
Maritime
JAPAN HAS ITS OWN PROBLEMS
John Davies |
Japan faces industrial problems like those the United States faced - low-cost offshore assembly plan
2ND BIDDER EMERGES FOR YARD
Journal of Commerce Special |
A second bidder has emerged for western Canada's largest shipyard and a third may be in the wings.
Maritime
CREDITOR BANKS START TALKING WITH PHILIPPINES ON REPAYMENTS
(Ap) |
A Philippine delegation began informal meetings Monday with creditor banks prior to what are expecte
Maritime
WAR AGAINST SANCTIONS GOES UNDERGROUND IN SOUTH AFRICA
Tony Koenderman |
Six months ago, South African newspapers were carrying a growing number of small advertisements plac
GANDHI'S BUDGET DRAWS CRITICISM
Neel Patri |
Prime Minister Rajiv Gandhi's maiden budget prompted a sharp fall on Indian stock markets and wides
Maritime
SHAKEOUT HITS AIR FREIGHT, PACKAGE FIELD
Kevin D. Thompson |
The takeover of financially ailing Purolator Courier Corp. by an E.F. Hutton Group subsidiary and th
COST OF CREDIT
JOC Staff |
Monday, March 2, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CME EXPELS TWO MEMBERS FOR TRADING VIOLATIONS
(Ap)) |
Two members of the Chicago Mercantile Exchange have been expelled for trading violations, while thre
UTILICORP ACQUIRES W. VIRGINIA UTILITY
Journal of Commerce Staff |
UtiliCorp United has closed its acquisition of West Virginia Power from Dominion Resources for appro
CHEMICAL MARKETS
Journal of Commerce Staff |
Celanese Increases Prices of 3 ProductsCelanese Chemical Co. announced price increases for t
ENERGY BRIEFS
From Wire and Staff Reports |
Combustion Engineering Wins Chinese ContractSTAMFORD, Conn. - Combustion Engineering Inc. re
TRAFFIC BRIEFS
From Wire and Staff Reports |
ICC May Eliminate Defense Rate ControlsThe Interstate Commerce Commission is considering eli
JAL SEEKS NOD TO ADD US FLIGHTS
A.E. Cullison |
Japan Air Lines Co. intends to apply to the Japanese Transport Ministry for permission to increase w
FIVE TOP EXECUTIVES AT CPAL RESIGN POSTS
Mark Wilson |
Five key executives of Vancouver-based Canadian Pacific Air Lines have quit before new owner Pacific
VENEZUELA WARNS US ON TAX
(Ap) |
Venezuela's energy minister has contended the nation's $32 billion foreign debt would be unpayable i
Maritime
DELTA APPEALS COURT FINDING
Alan F. Schoedel |
Delta Steamship Lines, no longer an active carrier but still legally alive, is taking its fight aga
Maritime
ARMCO CONSOLIDATES EUROPEAN DIVISION
Journal of Commerce Special |
Armco Inc. said its European steel mill merchandising department has been consolidated into its spec
Maritime
INTERIOR'S RIGHTS TO WATER TESTED
Leah R. Young |
The Supreme Court will determine whether the Interior Department has legislative authority to divert
INSURANCE BRIEFS
From Wire and Staff Reports |
Metropolitan in Pact With Seattle HMOMetropolitan Life Insurance Co. said it entered an agre
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