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HEAT WAVE PUTS GENERATORS OUT OF ACTION IN JAPAN
(Ap) |
Three electric generators in western Japan blew up from an overload, cutting power to millions of ho
EQUIPMENT IN SHORT SUPPLY
(Ap) |
Oil field equipment, a glut on the market not long ago, is now in short supply on the Gulf Coast, au
SOYBEAN SUPPLY ISSUE HEATS UP
Journal of Commerce Staff |
Swiss trader Panchaud et Cie. SA confirmed it has invoked the prohibition clause in contracts to sup
Maritime
COMMISSION SAYS NO NEW ISSUES IN GENERAL ELECTRIC REACTOR STUDY
(Ap) |
A re-evaluation of a 1975 General Electric Co. study reportedly critical of the company's nuclear re
NEW PRODUCTS MARKETPLACE DO-IT-YOURSELF KIT IS BATTERY-OPERATED
JOC Staff |
Edutech, a company in India, has manufactured a portable educational electronic do-it-yourself kit t
Maritime
SPECIAL INTEREST GROUPS BENEFIT FROM TRADE BILL
Ellen Warren |
It was Christmas in July. Santa came early for Florida strawberry growers, for Navajo rug weavers, k
Maritime
MITSUBISHI TO FIX CARS FAILING TEST
Journal of Commerce Staff |
Mitsubishi Motors Corp. is offering free repairs to owners of some 7,500 cars sold in California.
Maritime
AIDS SCARE BOOSTS DEMAND FOR MALAYSIAN RUBBER
(Ap) |
The world AIDS scare has boosted the global demand and the price for Malaysia's natural rubber, whic
Maritime
TAX CUTS HELP ARGENTINE CRUSHERS
Journal of Commerce Staff |
Argentina's oilseeds processing industry appears to be the biggest winnerfrom across-the-boa
Maritime
XEROX CORP. EARNINGS JUMP 14 PERCENT
Journal of Commerce Special |
Xerox Corp.'s second-quarter income from continuing operations rose 14 percent from the comparable 1
ON THE MOVE NH COMPANY PROMOTES VP TO PRESIDENT
-Staff Report |
C.H. Sprague & Son Co. promoted Edward E. Bulmer to president and chief executive of this large dist
TRADE DATA FORECAST IS MIXED
Richard Lawrence |
The U.S. merchandise trade deficit will improve this year and next but worsen again in 1989, two eco
JOHN BOYD'S ECONOMIC BEAT
John Boyd |
THERE HE WAS AGAIN this week: Paul Volcker, inflation fighter, financial crisis manager, economic wi
MERCEDES MAKER NAMES NEW CHIEF
JOC Staff |
Edzard Reuter has been appointed chairman of Daimler Benz, manufacturer of the famed Mercedes automo
DURABLE GOODS ORDERS CLIMBED 1.4 PERCENT IN JUNE
(Ap) |
Orders for "big ticket" durable goods, bolstered by a sharp rise in demand for military hardware, cl
FORD PROFITS JUMP 39 PERCENT WHILE GM'S DIP
(Ap) |
General Motors Corp. said its second quarter earnings fell by 3.9 percentfrom a year earlier
BUILDING CONTRACTS EXPECTED TO FALL
(Ap) |
Construction contracting across the nation likely will be valued at $236.1 billion in 1987, a drop o
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Foreign Investment Increases in ChinaChina concluded 738 joint-venture contracts in the firs
Maritime
YUGOSLAVS PROTEST IRANIAN ACTION
(Ap) |
Yugoslavia issued a sharp protest against what it called Iran's holding and searching of Yugoslav sh
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
TEXACO'S WARNING HAS UNION IN TIFF
Janet Porter |
A row has broken out between Texaco and Numast, the union that represents 23,000 British merchant of
Maritime
IRANIANS PLANNING NAVAL MANEUVERS
(Ap) |
Iran's Revolutionary Guards will conduct naval maneuvers code-named ''Martyrdom" early next month to
Maritime
LABOR CHIEF HITS REFLAGGING
Robert F. Morison |
A top maritime labor leader said it would be better for the United States to lease idle U.S. tankers
Maritime
LINES ALLOWED TO EXTEND SERVICES
Journal of Commerce Staff |
The Maritime Administration agreed to permit both Lykes Bros. Steamship Co. Inc. and Farrell Lines I
Maritime
US NAVY REPOSSESSES SUBMARINE MUSEUM
(Ap) |
The U.S. Navy is repossessing a decommissioned World War II submarine that has been a tourist attrac
Maritime
TANKER OWNERS ANXIOUS TO SEE GULF WAR END
(Ap) |
Loucas Hajioannou, owner of one of the world's largest oil tanker fleets, says financially strapped
Maritime
DOLLAR SLIPS ON GNP RUMOR
Knight-Ridder Financial |
The U.S. dollar declined against most major currencies Thursday in moderate activity. Most t
MIDLAND BANK OF UK REPORTS LARGE LOSS
Janet Porter |
Midland Bank PLC reported a loss of 548 million (US$877 million) for the first half of 1987 followi
BERMUDA'S TINY FUTURES MARKET LURES FEW TRADERS OUT OF PITS
Chicago Tribune |
The tiny International Futures Exchange in Bermuda has been trading fewer than 200 contracts a day o
WHARF HOLDINGS EARNINGS SPURT
P.T. Bangsberg |
Wharf (Holdings) Ltd., the diversified trading arm of Sir Yue-Kong Pao's commercial empire, reported
HONG KONG BANK DIRECTOR FACES MULTIPLE CHARGES
P.T. Bangsberg |
A second director of failed Ka Wah Bank Ltd. appeared in court Thursday to face an array of fraud ch
SHIP AGENCY URGED TO DELAY PERU ACTION
Robert F. Morison |
Three Peruvian-flag liner companies have asked the U.S. Federal MaritimeCommission for anoth
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Toxic Fluids Seized From Italian VesselFinance police in the Italian port of Genoa have sequ
Maritime
CANADIAN DIVERSIONS DECLINE
Robert F. Morison |
The Maritime Administration has reported That the value of U.S. export and import traffic moving thr
Maritime
PUGET SOUND SURE IT'LL KEEP CANADIAN-OUND CARGO
Gloria Joseph |
Puget Sound port leaders say steamship lines are likely to continue dropping off Canadian-bound carg
Maritime
BOXPORT OPERATOR IN HONG KONG PLANS US DRIVE
Noel Fletcher |
A major containerport operator is planning a promotional swing through the United States and Europe
Maritime
NEW ORDERS FOR COAL CARS FAIL TO MEET EXPECTATIONS
Andrea Chancellor |
Demand for steel and aluminum railroad cars to haul coal has not met the expectations of car manufac
Rail News
WEATHER BLAMED FOR WRECK
(Ap) |
A report from Britain's Department of Transport blamed atrocious weather" for the loss of the Hong K
Maritime
TAIWAN SET TO REVISE HARBOR TAX
(Ap) |
Taiwan will reintroduce a harbor tax on exports and reduce a tariff on imports to raise funds for po
Maritime
US NAVY TO ABANDON ALUMINUM DECKHOUSES
(Ap) |
The U.S. Navy has virtually abandoned the use of aluminum superstructures for newly designed warship
Maritime
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