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5 PERCENT GROWTH FORECAST FOR INDIA'S ECONOMY
Journal of Commerce Special |
The Reserve Bank of India expects the country's net national product to grow ''at least" 5 percent.
Maritime
CHINESE REDRAFT POLITICAL PLATFORM
Jasper Becker |
In an bid to end a perceived ideological "crisis of faith" created by sweeping economic reforms, the
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe landmark tax overhaul bill is being prepared for Reagan signature. Page 3A
TRANSAX/RATES SIGNS SALES PACT
Journal of Commerce Staff |
Transax/Rates, maritime information company, signed a sales and marketing agreement with Horace Simi
YEN TO TAKE OVER ROLE OF DOLLAR?
(Ap) |
A top Japanese banker predicted the yen will take over the dollar's international role because the U
ILA REJECTION OF PACT RAISES STRIKE SPECTER
A STAFF REPORT. This story is based on reporting by Alan F. |
The prospect of a dockworkers' strike, at least in North Atlantic ports, became even grimmer Monday
FEDERAL EXPRESS TO END ITS ZAPMAIL SERVICE
Larry Sterne |
Federal Express Corp. said it will discontinue its two-year-old ZapMail electronic facsimile service
INSURANCE BRIEFS
From Wire and Staff Reports |
Cover Costs Big Slice Of Centennial OverrunA $5 million premium for a $40 million insurance
LASCO WINS TAX BREAK
Journal of Commerce Special |
Lasco Shipping Co., a Portland-headquartered steamship company that operates a fleet of tramp ships
NIMO AUSTERITY PLAN
(Ap) |
Niagara Mohawk Power Corp. announced a major company-wide austerity program. The program wil
SENATE VOTES TO INCREASE PHILIPPINE SUGAR QUOTA
(Ap) |
The Senate has unanimously approved a provision boosting the sugar quota from the Philippines by 27.
CANADIANS CLASH ON PORT CONTROL CANADA PORTS CORP. CHAIRMAN CHIEF PROPONENT OF DEREGULATION
Journal of Commerce Special |
An internal struggle is under way within the Canadian government agency charged with looking after 1
Maritime
CHINA RESUMES SALES ON SPOT OIL MARKET
(Ap) |
China has resumed spot-market sales of its Taching crude oil after an eight- month break, sources i
COMMODITY BRIEFS
from Wire and Staff Reports |
EC to Subsidize French Sale to USSRBRUSSELS, Belgium - The European Community will subsidize
EC TO AIR GRAIN OUTPUT CUT
(Ap) |
Agriculture ministers of the European Community nations began two days of informal talks here Monda
LINER FIRMS PRESSURED ON COSTS
Journal of Commerce Staff |
Liner companies serving the United States will be under pressure to further reduce costs during 1987
Maritime
FARM SHOW ORGANIZERS OPTIMISTIC
(Ap) |
Even though times are tough for U.S. farmers, organizers of the 34th annual Farm Progress Show expec
CHINA INTRODUCING TRAVELERS' CHECKS
(Ap) |
The Industrial and Commercial Bank of China is introducing new measures, including travelers' checks
AIRLINE MERGER LEAVES WORKERS UP IN THE AIR
(Ap) |
This week's merger of Northwest and Republic airlines is designed to ensure a strong financial futur
CONGO WOOING INVESTORS UTILITY POLE VENTURE ALREADY IN THE WORKS
Rosalind Rachid |
Congolese President Denis Sassou-Nguesso will be basking in a new $5 million investment when he goes
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Protest to Follow Nuclear Weapons TestLAS VEGAS, Nev. - A major nuclear weapons test is sche
Maritime
PHILIPPINE PEACE NEAR?
Richard Gourlay |
Government negotiators in the Philippines appear unexpectedly close to concluding a 30-day trial cea
Maritime
CHINESE REDRAFT POLITICAL PLATFORM
Jasper Becker |
In an bid to end a perceived ideological "crisis of faith" created by sweeping economic reforms, the
Maritime
PHILIPPINES MIGHT BUILD COAL PLANT
(Ap) |
The government-owned National Power Corp. is considering building a coal- fired electricity plant to
CHEMICAL MARKETS
Journal of Commerce Staff |
Prices Lower Than ListedFor VanillanVanillan is available from some suppliers at pri
JOHNSON & JOHNSON SETTLES PATENT SUIT
Journal of Commerce Staff |
Johnson & Johnson and Becton, Dickinson & Co. reached an out-of-court settlement of Johnson & Johnso
BLUES APPEAL $7.2 MILLION AWARD
(Ap) |
Blue Cross and Blue Shield companies in Maryland and Florida are appealing a $7.2 million jury award
MORE CREDITORS APPROVE WAH KWONG SURVIVAL PLAN
Roger Schreffler |
Four more Japanese creditors signed the debt restructuring agreement for the Hong Kong-based Wah Kwo
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
Kemper Corp. Forms Foreign Exchange FirmLONG GROVE, Ill. - Kemper Corp. announced the format
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
SENATE MULLS LICENSING DRUG BILL INCLUDES NEW STANDARDS FOR TRUCK DRIVERS
David M. Cawthorne |
New standards truck and bus drivers must meet to get a driver's license are part of the drug bill sc
AVIATION BRIEFS
From Wire and Staff Reports |
Customs to Accept Credit Card for PaymentThe U.S. Customs Service will permit payment of dut
STRUGGLE OVER LAND VIOLENT IN BRAZIL
(Ap) |
"I love my house, my land," said Maria Rodrigues de Carvalho. "My only fear is that we won't be able
Maritime
INDIA PONDERS HIGHWAY AUTHORITY
Journal of Commerce Special |
The government is considering a proposal to enact legislation for a national authority to construct
Maritime
CANADA ACTS TO END THUNDER BAY ROW
Leo Ryan |
Canada appointed a federal mediator to seek an end to the labor dispute that has shut down grain tra
Maritime
OLD BEN COAL PLACES ON BLOCK FOUR LOW-SULFUR PROPERTIES
Tim Sansbury |
Old Ben Coal Co. is offering for sale four undeveloped low-sulfur coal properties that are likely t
MEXICO TACKLES DEBT EQUATION
WILLIAM A. ORME Jr. |
While Mexico nears an agreement with banks that will further inflate its $98 billion foreign debt, n
TRADE WITH ZHEJIANG, CHINA
JOC Staff |
Top Stories Located on China's southeastern seaboard, Zhejiang has become China's principal
IDA DONOR PROMISES NEAR $12 BILLION
(Ap) |
More than $12 billion may be available for easy-term World Bank loans to the poorest countries over
Maritime
PHILIPPINE DEBT STUDIED NEGOTIATIONS EXPECTED IN NEW YORK NEXT MONTH
Richard Gourlay |
Philippine President Corazon C. Aquino wants to slash payments on the country's $26 billion foreign
Maritime
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