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DEBT-EQUITY SWAPS A PASSING MEXICAN FANCY
WILLIAM A. ORME Jr. |
Mexico approved nearly $1 billion in debt-for-equity transactions this year and expects to authorize
INDUSTRIALIST HITS COMMERCIAL BANKS
P.T. Bangsberg |
Commercial banks must work harder and be more responsive if they intend to expand their business and
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japan, EC Legislators Meet to Discuss IssuesJapanese and European Community legislators open
Maritime
HONG KONG IMPORTS FROM US REBOUND
P.T. Bangsberg |
Imports from the United States rebounded sharply in October, putting it back in third place as a sup
Maritime
INDIA, US SIGN TEXTILE ACCORD CONCESSIONS SHARPLY INCREASE INDIAN ACCESS TO US MARKET
Neel Patri |
Textile exports from India to the United States, already rising, are likely to grow even more sharp
Maritime
PRODUCTION TURNS UP 0.6 PERCENT
John Boyd |
It was widely expected and landed right on target, but the 0.6 percent rise in U.S. industrial outpu
SUPREME COURT UPHOLDS FINES AGAINST EXPORTER TO IRAN
Journal of Commerce Staff |
The Supreme Court rejected a petition from Hescorp for reconsideration of an indictment for violatio
HOW DEBT SWAPS WORK
Journal of Commerce Special |
Authorized for the first time in Mexico last April, debt swaps work this way: a foreign company buys
ON THE MOVE
-Staff Report |
COAL, UTILITIES GREEN MOUNTAIN POWER CORP. (South Burlington, Vt.) - Thomas Boucher and Step
CONFIDENCE STEADIES
(Ap) |
Consumer confidence steadied in November after declining for more than a year, the Conference Board
GEC FEARS DEFEAT ON UK DEFENSE BID
Edwin Unsworth |
If the British government decides this week, as expected, to award a multimillion dollar contract fo
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSConsumer confidence steadied after declining for a year, the Conference Board sa
GM SALES SLID IN EARLY DECEMBER
(Ap) |
Domestic auto sales by General Motors Corp. fell in early December compared with the previous year,
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSConsumer confidence steadied after declining for a year, the Conference Board sa
Maritime
WORLD BANK'S IDA TO GET MORE FUNDS
Journal of Commerce Staff |
The United States and 30 other countries agreed to a $12.4 billion increase in the resources of the
SNAPPED STEEL CABLE DELAYS BARGE REMOVAL
(Ap) |
A snapped steel cable, which had a breaking point of 384 tons, has caused the latest delay in salvag
Maritime
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
COURT MAY REVIEW RAIL ACCESS DISPUTE
David M. Cawthorne |
A federal court is expected to review a controversial Interstate CommerceCommission decision
BELGIAN TUGMEN STRIKE
(Ap) |
Personnel of private towing companies started an indefinite strike Monday, hampering shipping traffi
Maritime
POLLUTION THREATENS JACKSONVILLE'S FUTURE
(Ap) |
Airborne acid is eating away at the paint on new cars as they pass through this city, endangering Ja
Maritime
LIGHT PLANE SHIPMENTS DOWN 10 PERCENT IN NOVEMBER
Tom Webb |
The nation's light plane makers shipped 10 percent fewer airplanes in last month than they did in No
CAROLINA EXPECTS REDUCED EARNINGS
Leo Abruzzese |
Rising insurance costs and mounting losses from a specialized trucking division will reduce sharply
PERU STANDS FIRM ON DEBT
Knight-Ridder Financial |
Peru has no foreseeable intention of renegotiating its debt repayment position with the Internation
Maritime
VOLVO GM MAY CUT BACK ACCORD COULD JEOPARDIZE SOME TRUCK MODELS
Michael S. Lelyveld |
The signing of a formal agreement creating the Volvo GM Heavy Truck Corp. may mean the end of the li
IMF MEDICINE HARD TO SWALLOW
(Ap) |
The government of Zambia recently got a much-needed $280 million loan from the International Monetar
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Hart, Gorbachev Meet MOSCOW - U.S. Senator Gary Hart said Soviet leader Mikhail S. Gorbachev
Maritime
BONN RESISTS US PRESSURE GOVERNMENT REFUSES TO STIMULATE ECONOMY
Jess Lukomski |
U.S. Treasury Secretary James A. Baker III's plan to coax West Germany into firing up the country's
Maritime
AAR INCOME RISES IN SECOND QUARTER
JOC Staff |
AAR Corp., a major supplier of aircraft parts and services, reported fiscal second quarter income ro
WORLD TODAY
From Wire and Staff Reports |
Regan Willing to Talk WASHINGTON - President Reagan's chief of staff, Donald T. Regan, is wi
GROUP SEEKS GM RECALL FOR TIRE WEAR
(Ap) |
An automotive safety group called on General Motors Corp. to recall 6 million 1985-86 vehicles whose
FOREIGN HEADLINES
From Wire and Staff Reports |
US, USSR to Debate NEW YORK - U.S. and Soviet officials agreed to conduct a series of televi
Maritime
EC TRANSPORT MEETING ACCOMPLISHES LITTLE
Edwin Unsworth |
Transport ministers of the European Community met in Brussels Monday without making any significant
US AT ODDS WITH EC, BRAZIL
Richard Lawrence |
Prospects of a U.S.-European Community farm trade accord appear to be diminishing. The Unite
EVERGREEN A BRIGHT SPOT IN INDUSTRY
William Armbruster |
Its bright green containers are everywhere. It has the largest, most modern fleet of containerships
THAI RICE EXPORT GOAL SET
Knight-Ridder Financial |
Thailand's Commerce Minister Montri Pongpanich set a minimum export target of 1.2 million metric ton
AMTRAK LINE SALE UNLIKELY PLAN CALLED EFFORT TO HIGHLIGHT RAIL'S FINANCES
David M. Cawthorne |
The Reagan administration may find some buyers for Amtrak's Northeast corridor but it appears unlike
CSCE HIKES MARGINS FOR MAY COCOA
Knight-Ridder Financial |
The Coffee, Sugar and Cocoa Exchange announced that effective today members shall require an additio
OATS GAINING STRENGTH ON CHICAGO EXCHANGES
(Ap) |
As in so many childrens' stories where the runt, the outcast, the ugly duckling comes out on top, th
COMMODITY BRIEFS
From Wire and Staff Reports |
Australian Wheat Board Confirms Sale to EgyptThe Australian Wheat Board sold 2.0 million met
ZINC, LEAD, COPPER PRICES SEEN STEADY TO LOWER IN '87
Knight-Ridder Financial |
Zinc, lead and copper prices will probably be unchanged to lower next yearbecause a slight i
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