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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
CREDITOR BANKS START PHILIPPINE LOAN TALKS
(Ap) |
A Philippine delegation began informal meetings Monday with creditor banks prior to what are expecte
Maritime
BUILDING SPENDING RISES 1 PERCENT
(Ap) |
Construction spending rose 1 percent in January, the biggest increase in nine months, the government
SEOUL PARES INVESTMENT INCENTIVES
P.T. Bangsberg |
New regulations issued by South Korea mean a sharp curtailing of incentives to foreign investors and
Maritime
PLAN URGED TO PROTECT US FLEET BILL WOULD EMPOWER FMC TO INVESTIGATE FOREIGN RESTRICTIONS
Robert F. Morison |
The chairman of the House Merchant Marine and Fisheries Committee proposes a tough, new approach to
US ASKS JAPAN TO LIFT FARM PRODUCT CURBS
A.E. Cullison |
A senior Reagan administration official asked Japan to remove restrictions on farm product imports o
Maritime
INDEX SEES INFLATION PRESSURES GROWING
John Boyd |
Recent price movements of industrial raw materials point to more consumer inflation ahead but probab
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FARMLAND ENDS MERGER TALKS
Knight-Ridder Financial |
Farmland Industries Inc. announced it had broken off merger/consolidation talks with Land O'Lakes an
UK STUDY EYES BENEFITS OF TUNNEL
Edwin Unsworth |
The British government and the Anglo-French consortium planning to build a tunnel under the English
UK SYSTEM SCRAPPED COMPUTER FAILED TO CLEAR CARGO AT AIRPORTS
Edwin Unsworth |
Over 400 freight forwarding agents at Britain's top four cargo airports have decided to abandon for
RENAULT MOVES TO CONSOLIDATE US POSITION
Howard Schissel |
Regie Nationale des Usines Renault, France's state-controlled automobile manufacturer, is making a l
Maritime
US FLOWER INDUSTRY INJURED
Knight-Ridder Financial |
The U.S. International Trade Commission found six countries are hurting the U.S. flower industry by
Maritime
JAPAN CAN CUT CARRIER DEFICIT
A.E. Cullison |
It may be possible under certain conditions to cut almost in half the combined deficit of Japan's si
Maritime
UK TYCOON EYES GLOBAL COMMUNICATIONS EMPIRE
(Ap) |
Robert Maxwell, Britain's Socialist tycoon, is reaching out through takeovers in a multibillion-doll
NY LEGISLATORS SET INVESTMENT INQUIRY
Journal of Commerce Staff |
New York state lawmakers are planning to look into all kinds of life insurance investment activities
SENIORS URGE BROADER COVER IN CATASTROPHIC HEALTH PLAN
Leah R. Young |
Two influential congressmen joined senior citizens groups trying to turn the administration-backed c
WEST COAST BRIEFS
From Wire and Staff Reports |
Coast Guard Plans Security Zone ExerciseThe U.S. Coast Guard will establish a temporary secu
Maritime
US IS ACCUSED OF 'CULTURAL ILLITERACY'
John Davies |
When it comes to trading with the Pacific Rim, we have met the enemy and he is us. That was
HOW SUBSIDIES MIGHT AID CHIPS
David Sylvester |
Three weeks ago, a joint government-industry task force recommended that the Pentagon spend $2 bill
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe Journal of Commerce price index for industrial materials points to more infl
Maritime
JAPAN EXPANDS ROLE ON INTERNATIONAL SCENE
(Ap) |
Following a path set by their economic power, Japanese leaders are branching out into new corners of
Maritime
US AID URGED IN TIN RECOVERY
P.T. Bangsberg |
The United States has a pivotal role to play in restoring the price of tin to acceptable levels, the
COMMODITY BRIEFS
From Wire and Staff Reports |
CSCE Revises Margins For Coffee ContractsThe Coffee, Sugar and Cocoa Exchange is revising it
SPOT OIL PRICES FALL IN EUROPE
Journal of Commerce Staff |
European spot oil prices tumbled below $16 a barrel Monday, reversing last week's rally, in spite of
ENERGY BRIEFS
From Wire and Staff Reports |
Canadian Companies Reduce Oil PostingsCALGARY, Alberta - Petro-Canada and Shell Canada Ltd.
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