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REINSURERS HIT '86 TAX LAW
Leah R. Young |
Reinsurers may attempt to recoup higher expenses due to the 1986 tax reform law, the president of th
LIFTING EC CATTLE HORMONE BAN SEEN AS PRIORITY IN BEEF TALKS
Bob Burgdorfer |
Two weeks after being elected president of the National Cattlemen's Association, Jack Dahl will leav
UNOCAL TO PASS ON SUPERFUND CHARGE
Journal of Commerce Staff |
Unocal Corp. will begin passing through a 0.2 cents a gallon federal ''Superfund" charge on all gaso
INDONESIA EXPECTS LNG AGREEMENT WITH S. KOREA
P.T. Bangsberg |
Only hours after reportedly coming to terms on the price of natural gas sales to Japan, the Indonesi
ENERGY BRIEFS
From Wire and Staff Reports |
Further OPEC Cuts Possible, Oteiba SaysABU DHABI, United Arab Emirates - The Organization of
CAMEROON'S OIL WOES MOUNT
Howard Schissel |
Cameroon's oil industry is in the doldrums. Although this central African state of 10 million inhabi
WORLD TODAY
From Wire and Staff Reports |
Hostage Negotiations BEIRUT, Lebanon - The kidnappers of three Americans and an Indian are i
USSR ENCOURAGES VENTURES WITH WEST
Felix Dearden |
The Soviet Union is encouraging joint ventures with Western companies, U.S. companies included, to d
RIG COUNT DECLINES BY 24
(Ap) |
The number of working oil and gas rigs in the United States dropped this week to 802, down 24 from a
DISGRUNTLED SEAMEN SEE IRONY IN RECOVERY OF AMERICA'S CUP
James Nolan |
All hail Dennis Conner and his 12-meter sailing yacht, Stars & Stripes! Such an expression of a mari
VOTE EXPECTED ON SEA-LAND, CSX MERGER
Leo Abruzzese |
CSX Corp.'s bid to buy Sea-Land Corp. should be decided by the Interstate Commerce Commission today
COALS TO NEWCASTLE ALMOST THE CASE HERE
Tim Sansbury |
Intense competition in the international coal market has reached a point where deals unheard of a fe
BAKER, YEUTTER WARN CONGRESS ON TRADE BILL
Helen Ericson |
Treasury Secretary James A. Baker and U.S. Trade Representative Clayton Yeutter told Congress protec
EUROPE MAY FEEL PINCH FROM LDC LEATHERS
James Bruce |
Leather finishing industries in the lesser developed countries may smother their Western European co
US SENATOR PUSHES SODA ASH TO JAPANESE
A.E. Cullison |
There would be no need for passage of protectionist trade legislation by the U.S. Congress if Japan
Maritime
COMPUTER PIRACY EYED IN INDONESIA
(Ap) |
Experts urged the Indonesian government to adopt legislation to protect computer software against co
Maritime
STEEL PRODUCTION SLIPS 1 PERCENT IN WEEK
(Ap) |
Steel production fell to 1.323 million tons in the week ended Feb. 7, a decrease of 1 percent from t
CHINESE LIBERALS REBEL AGAINST WESTERN IDEALS
P.T. Bangsberg |
Liberal elements in China appear to be hitting back against the wave of attacks on Western influence
Maritime
ON THE MOVE
JOC Staff |
Flying Tiger Taps MorrisFor New PostFlying Tiger Line Inc. named Larry G. Morris to
JAPAN'S ELECTRONICS MAKERS FLOCK TO THE GARDEN STATE
(Ap) |
When Koh Shimizu came to the United States to work for Sony Corp., he left behind a tiny, three-room
Maritime
TV TO BE 'FAMILY AFFAIR' AS CHINA REACHES FOR STARS
(Ap) |
Two U.S. studios have signed a major television licensing agreement with China's only national telev
Maritime
INDUSTRIAL OUTPUT INDEX RISES SHARPLY IN TAIWAN
(Ap) |
Taiwan's industrial production index grew to 147.38 last year from 129.85 in 1985, Economic Ministry
Maritime
MEXICO'S PRICES UP 8.1 PERCENT
(Ap) |
The Mexican government should give priority to meeting the country's needs and limit debt service pa
JAPAN CONCOCTING ECONOMIC TONIC
A.E. Cullison |
The Nakasone administration has started working on another package of measures intended to stimulate
DOLLAR SETTLES AFTER WILD SESSION
RIPLEY WATSON Jr. |
After another wild session on the currency market, the U.S. dollar stabilized at around 181.5 deutsc
MERGER ACTIVITY ROSE TO 13-YEAR HIGH IN '86
Journal of Commerce Staff |
Net merger and acquisition announcements last year were the highest in 13 years, according to W.T. G
FOREIGN HEADLINES
From Wire and Staff Reports |
Tamils Flee Villages COLOMBO, Sri Lanka - Thousands of Tamil civilians were reported fleeing
Maritime
SOFTWARE INDUSTRY: NOT SO DIFFERENT AFTER ALL
Boston Globe |
Prime Computer Inc. has to make a decision soon about doing a six-month project in the Philippines o
Maritime
SOVIET GRAIN IMPORTS FORECAST
Knight-Ridder Financial |
Total Soviet grain imports in 1986-87 (July-June) are forecast at 23 million metric tons, up from la
Maritime
EUROPEANS AGREE ON EXPORT CREDIT
Janet Porter |
New export credit arrangements proposed by the European Community are aimed at Japan's practice of u
Maritime
EC PLANS TO 'MELT' BUTTER STOCKS
(Ap) |
European Community agriculture ministers Tuesday agreed to spend $3.7 billion to dispose of nearly a
Maritime
FARES TO AUSTRALIA WILL FALL APRIL 1
Mark W. Lyon |
The three airlines that carry most passenger traffic between the West Coast and Australia intend to
OFFICIAL SEES LITTLE CHANCE OF GLOBAL AIRLINE DECONTROL
Tim Neale |
A negotiator for the U.S. State Department predicts greater competitive freedom for airlines in the
COALITION SEEKS ICC REFORM
(Ap) |
Another attempt is being made to change how the federal government regulates the rail industry and t
TRAFFIC BRIEFS
JOC Staff |
Truck Council Seeks Formation of New GroupThe Private Truck Council of America invited the P
AN ALTERNATIVE FOR CANADA'S RAILS
Mark Wilson |
State-owned Canadian National Railways wants to shed almost one-third of its 34,700-mile route netwo
CALIF. OPTIMISTIC ON PATROL PROGRAM
Bill Mongelluzzo |
Truck drivers in California have names for the unmarkred patrol cars they encounter on the freeways
TEXAS EASTERN SELLS HALCON TO DENKA
Journal of Commerce Staff |
Texas Eastern Corp. sold its Halcon SD Group of Little Ferry, N.J., to Denka Chemical Corp. in a cas
REACTION MIXED TO RATE WINDOW
Bill Mongelluzzo |
The president of the California Public Utilities Commission said he is not certain that a 5 percent
STERLING DRUG TURNS PROFIT
Journal of Commerce Staff |
Sterling Drug Inc. reported net income for the fourth quarter of $45.1 million, or 77 cents a share,
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