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ENERGY BRIEFS
From Wire and Staff Reports |
Saudi Arabia Denies Excessive ProductionRIYAD, Saudi Arabia - Saudi Arabia denied reports th
PORTUGAL MUM ON TALKS AGRICULTURAL SUBSIDIES ISSUE COULD CREATE TENSION
Rosalind Rachid |
Portugal will be mum on its opposition to agricultural subsidies if the European Community has to de
Maritime
NY FUND SELLS STOCK TO PROTEST APARTHEID
(Ap) |
The city's largest municipal pension fund said it has sold 2.5 million shares of stock in 17 compani
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Strikes Hit Brazil SAO PAULO, Brazil - Hundreds of thousands of Brazilian bank workers, dema
Maritime
VISITS OF STATE
From Wire and Staff Reports |
Black African Summit BLANTYRE, Malawi - Four black African leaders met for a mini-summit tha
Maritime
EIFFEL TOWER RESTAURANT MOVES TO NEW ORLEANS
(Ap) |
For 44 years, Le Restaurant de la Tour Eiffel served the likes of de Gaulle, Bardot, Picasso, Chapli
Maritime
JAMAICA SAYS NO TO IMF REQUISITE
Canute James |
The Jamaican government has rejected a requirement from the International Monetary Fund for a 10 per
Maritime
AUSTERITY PLAN BOOSTS ECONOMY IN PORTUGAL
Rosalind Rachid |
Portugal is the poorest member of the European Community, but it is not a country in dire straits,"
Maritime
CITIBANK TO EXPAND IN PORTUGAL
Rosalind Rachid |
Citibank NA plans to open a second branch in Portugal. The bank would not say when the branc
Maritime
IFC FUND MAY CONVERT MEXICO DEBT
Journal of Commerce Staff |
The International Finance Corp., a World Bank affiliate, is discussing with the Mexican government a
DOUBTS SURFACE ON SERVICES TALKS DOES US HAVE NECESSARY DATA FOR EFFECTIVE NEGOTIATIONS?
Richard Lawrence |
A congressional technical research office questioned whether the United States can effectively negot
SOVIETS GET ARGENTINE JOB
Jeremy Morgan |
Soviet plans for electrification of a railroad in Argentina won formal approval from the Argentine g
ON THE MOVE
Staff Report |
COMMODITIES IMPERIAL COMMODITIES CORP. (New York) - Lee J. Muenzen was named to the new posi
FIAT DEDICATED TO TROUBLED HESSTON CORP.
Dirck Steimel |
Fiat is committed to the survival of Hesston Corp. despite record losses in the first half of 1986 a
RESEARCHERS FERTILIZE NEVADA LAKE
(Ap) |
Researchers are fertilizing Lake Mead in hopes of helping anglers harvest a bigger crop of bass.
EC OFFICIAL SAYS MEETING 'CONDEMNED TO SUCCEED'
(Ap) |
The European Community's top trade official said was optimistic that next week's 92-nation trade con
BUSINESSES CURTAIL INVESTMENT PLANS
Linda Stern |
Companies keep cutting investment plans, and many analysts expect that pattern to continue.
WORLD TODAY
From Wire and Staff Reports |
Stock Market Plunges NEW YORK - Stocks plunged Thursday as Wall Street was spooked by an ear
BRAZIL URGED TO REDUCE DEBT PAYMENTS
Journal of Commerce Staff |
Brazilian President Jose Sarney said Brazil must substantially reduce its debt payments to boost its
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSConsumer confidence hit a three-year low in August as the number describing curr
CONSUMER CONFIDENCE HITS THREE-YEAR LOW
(Ap) |
Consumer confidence hit a three-year low last month, with an increase in the number of surveyed cons
YEUTTER: GATT HEADED FOR OBLIVION UNLESS...
Felix Dearden |
The General Agreement on Tariffs and Trade will "ultimately fade into oblivion" unless something is
TV AD SPENDING UP 18 PERCENT FOR AUTOS
(Ap) |
The automotive industry spent 18 percent more on television advertising in the first half of this ye
TAIWAN TO INTRODUCE PREFERENTIAL TARIFFS
P.T. Bangsberg |
Taiwan will introduce preferential tariffs for trading partners with which it runs heavy trade surpl
VIEWS ON TRADE VARY IN CANADA
Helen Ericson |
Former Canadian Finance Minister Donald Macdonald minimized what seems to be growing opposition on b
FORMER HAPAG-LLOYD CHAIRMAN PLANS ROUND-THE-WORLD SHIP LINE
Jess Lukomski |
Karl Heinz Sager, former deputy chairman of Hapag-Lloyd, is planning to form a new shipping line tha
TENTATIVE PACT MAY STOP NATIONAL RAIL STRIKE THREAT
Juliana King |
A heated work rule dispute between the National Railway Labor Conference and the Brotherhood Railway
NY SETS FLEX BANDS
Alan Herbert |
The return to a limited version of prior approval for commercial insurance rates in New York was unv
ICC ASKED TO RETHINK SF-SP VETO
David M. Cawthorne |
The Union Pacific Rail System asked the Interstate Commerce Commission to take another look at its d
GOTAAS-LARSEN TO BUILD CRUDE CARRIERS IN S. KOREA
Mark Magnier |
Gotaas-Larsen Shipping Corp. plans to build four 145,000 deadweight-ton crude carriers in South Kor
US, UK SIGN BILATERAL PACT
Janet Porter |
Britain will start selling off its ownership of British Airways early next year, in the wake of the
US TO GAIN BACKING ON SERVICES
P.T. Bangsberg |
Hong Kong and South Korea probably will back the United States in its effort to include insurance, b
TODAY'S NEWS SUMMARY.
JOC Staff |
GENERAL NEWSIndexes of a business study group indicate better U.S. employment, less decline
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Delta Terminates Bid For Jet America SharesDelta Air Lines terminated its $18.7 million offe
NAVY PERSONNEL FOUND LACKING STUDY: CREWS TOO SPARSE TO HANDLE EMERGENCIES
Robert F. Morison |
The Navy's long-awaited study of manpower availability supports the maritime industry's claim that t
Maritime
ARGENTINE WHEAT SOWINGS FALL SHARPLY IN 1986-87
Jeremy Morgan |
Argentina's Agriculture Secretariat confirmed earlier re ports that wheat sowings would fall sharply
RANCHERS SEEK RESTITUTION
Knight-Ridder Financial |
Beef cattle producers, disgruntled over the Agriculture Department's whole- herd dairy buy-out progr
US MAY IMPOSE DUTY ON CANADIAN LUMBER
Journal of Commerce Staff |
The Chicago Mercantile Exchange was informed that on Oct. 9, the United States may impose a counterv
SANCTIONS THREATEN BULK MARKET
Janet Porter |
The dry bulk freight market, which is already suffering from reduced demand for steam coal, is likel
Maritime
TANKER REPORT
Knight-Ridder Financial |
New business was slow to emerge in the tanker market Thursday, although in the Persian Gulf brokers
Maritime
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