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HOECHST BULLISH ON PHARMACEUTICALS
Jess Lukomski |
Hoechst AG is anticipating a marked improvement in its 1987 pharmaceuticals business, said Dieter La
AIR CANADA EXPANDING PACKAGE, COURIER SIDE
Journal of Commerce Staff |
Air Canada's plan to purchase Gelco Express Ltd. of Toronto, the second- biggest ground courier in C
UK UNVEILS PLAN TO LIQUIDATE STAKE IN BP
Bruce Barnard |
The British government announced it intends to sell its remaining 32 percent stake in British Petrol
MARITIME CALENDAR
JOC Staff |
Admiralty Law Society of St. John's University School of Law. Annual dinner. March 25 at the Downtow
Maritime
MARITIME BRIEFS
From Wire and Stff Reports |
Customs Finds Cocaine In Shipboard ContainerU.S. Customs Service inspectors discovered 1,400
Maritime
TAIWAN VOWS TO OPEN INSURANCE DOORS
P.T. Bangsberg |
Talks scheduled for this week between the United States and Taiwan on insurance services have been p
FINANCIAL BRIEFS
From Wire and Staff Reports |
Moody's Downgrades Merrill Lynch DebtMoody's Investors Service said Thursday it downgraded t
JAPANESE ADVISING FILIPINOS OFFICIALS PRESENT RECOMMENDATIONS FOR MANILA PORT
Richard I. Gourlay |
Japan International Cooperation Agency officials arrived in the Philippines Thursday to present reco
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
HOUSE STRATEGY MAKES 65 MPH ON US HIGHWAYS A LIKELIHOOD
David M. Cawthorne |
Congress' decision to make repeal of the 55 mph speed limit part of the $87.5 billion highway and ma
ASEAN COOPERATION URGED
P.T. Bangsberg |
The six principal economies of Southeast Asia must coordinate their economic policies or risk being
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Swissair Board OKs Purchase of 6 MD-11sLONG BEACH, Calif. - McDonnell Douglas said Swissair'
BAN SUBSIDY, COURT URGED LYKES-APL SHIP SWAP STIRS WATERMAN REQUEST
Robert F. Morison |
Waterman Steamship Corp. wants to block subsidy to Lykes Bros. Steamship Co. Inc. and American Presi
Maritime
HONG KONG BANKS INCREASING
P.T. Bangsberg |
Confidence is again high in the local banking sector after a dramatic change in the last year, the C
IRAQ CLAIMS SHIP STRIKE
(Ap) |
Iraq claimed Wednesday its warplanes have struck three vessels off the Iranian coast in the past few
Maritime
NJ ROLLS OUT WELCOME MAT FOR NORTH STAR REINSURANCE
C.A. Carpenter |
North Star Reinsurance Corp. moved its headquarters two states away from its giant parent General Re
LOBBYING GROUPS HIT BUMP ON ROAD TO MERGER
Tim Sansbury |
The merger of the National Coal Association and Mining and Reclama-tion Council, which takes effect
NY CREATES PLAN TO AID SMALL FIRMS
Journal of Commerce Staff |
The state insurance department has completed the creation of a market assistance program to provide
THAI PRESIDENT HAILS RUBBER PACT
(Ap) |
The new price stabilization accord reached by 40 natural rubber producing and consuming countries wa
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Thursday, March 19, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TRANSIT AUTHORITY OUTLINES PROPOSAL TO FIX BUS DOORS
(Ap) |
Problems with the rear-door safety system on city buses persist six years after the Transit Authorit
WORLD STOCK MARKETS FACE TOUGHER CLIMB
Journal of Commerce Staff |
By the end of 1986, the U.S. stock market was only worth about 45 percent of total world stock marke
JAPAN WILL RESTRICT AUTO EXPORTS TO EC
A.E. Cullison |
Japanese automakers will continue "voluntary" curtailments this year on exports to the European Comm
Maritime
CBT BOARD CLARIFIES EVENING TRADING RULES
Knight-Ridder Financial |
The board of directors of the Chicago Board of Trade has clarified a number of exchange regulations
ON THE MOVE J. EDWARDS NAMED CHIEF AT TELWATCH
Staff Report |
James D. Edwards, former senior vice president of American Telephone & Telegraph Co., is the new pre
5 COMPANIES SEEK FORWARDER LICENSES
Journal of Commerce Staff |
The Federal Maritime Commission received five applications for licenses to act as ocean freight forw
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Corrosive Acid Found On Reactor ShieldFederal inspectors have found 550 pounds of corrosive
INSURANCE BRIEFS
From Wire and Staff Reports |
Transamerica Will Sell Units to Provident LifeTransamerica Occidental Life Insurance Co. sai
LONG-TERM HEALTH CARE FUNDING PROPOSALS AIRED
Leah R. Young |
Several members of the Senate Finance Committee expressed interest in the idea of raising the Social
JOINT EFFORT ENABLES FIRMS TO VAULT TRADE BARRIERS
(Ap) |
Officials from two dozen companies nationwide have learned how a co operative effort between a Cortl
Maritime
CHIP MAKER TO SELL PLANT IN MANILA
Journal of Commerce Special |
National Semiconductor Inc., the California-based multinational chip manufacturer and designer, plan
Maritime
LAKES COUNCIL SETS SHIP POLICY GOALS
Robert F. Morison |
The eight-state Great Lakes Council adopted a two-year agenda with a full range of maritime policy t
Maritime
PRI TO ACQUIRE SHELL OPERATIONS
(Ap) |
Shell Oil Co. agreed to sell its Hawaii operations to Pacific Resources Inc. for $32 million, PRI an
SOVIETS JOIN RANKS OF GULF PATROLS
(Ap) |
Soviet warships are patroling Persian Gulf waters, displaying military muscle with the United States
Maritime
LAWMAKERS VOW ACTION ON RADON
Journal of Commerce Staff |
Chairmen of key environmental committees in Congress are promising swift action to get the federal a
PLASTICS CORNER
Journal of Commerce Staff |
Polymers Group Sets May 1 Price IncreaseThe 76 Polymers Group of Unocal Chemicals Division a
BCAL GETS GREEN LIGHT FOR TOKYO
Philip Hastings |
British Caledonian Airways has won its long battle to start scheduled services between London and To
ORIENTAL HOTELS TOP BUSINESSMEN'S SURVEY
Christopher Lofting |
Just why should business travelers pay more attention to the Institutional Investor's worldwide hote
JAPANESE BANKS ANNOUNCE PLAN TO BUY LDC DEBT
A.E. Cullison |
A group of 28 Japanese commercial banking institutions have set up a joint enterprise in Britain's C
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