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PENNWALT AGREES TO SELL PHARMACEUTICAL OPERATIONS TO FISONS FOR $460 MILLION
Edwin Unsworth |
Pennwalt Corp. entered into an agreement to sell its worldwide pharmaceutical operations to Fisons f
SUPPLY GLUT TO KEEP OIL PRICES NEAR $17 THROUGH '89, DOE SAYS
John Maggs |
The present supply glut in the world oil market will continue next year, keeping oil prices at aroun
ENERGY BRIEFS
From Wire and Staff Reports |
OPEC PANEL TO SET DEFINITION OF CRUDE OILFRANKFURT, West Germany - An Organization of Petrol
TRAFFIC BRIEFS
From Wire and Staff Reports |
WEST GERMANY ORDERS 41 HIGH-SPEED TRAINSFRANKFURT, West Germany - West Germany's national ra
Rail News
FREIGHT RATE FUTURES
JOC Staff |
Aug. 18, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
CONTINENTAL A FACTOR IN US TIRE MART
Larry Pantages |
Continental AG paid $643 million to purchase General Tire from GenCorp Inc. last year, according to
Trucking News
OECD UNVEILS NEW RATES
Journal of Commerce Special |
The Organization for Economic Cooperation ane Development has announced new Commercial Interest Refe
COST OF CREDIT
JOC Staff |
Thu., Aug. 18, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year8/18 8/17 Chan
COMMODITY BRIEFS
JOC Staff |
US MINER INVESTS IN AUSTRALIAN ZINCThe U.S. mining company Amax and three other companies ha
CANADIAN DROUGHT HITS GRAIN OUTPUT
Journal of Commerce Staff |
The drought-hit grain crop in western Canada will be smaller than predicted last month. The
RUBBER OUTPUT UP IN MALAYSIA
Knight-Ridder Financial |
Malaysia's natural rubber output in June was 140,415 metric tons, up 21 percent from a month earlier
OHIO TO DECIDE FUTURE OF HIGH-TECH PROGRAMS
Phillip E. Canuto |
Ohio's $70-million program to nurture high-tech industries - including a polymer center involving th
EUROPE'S STEELMAKERS FIND LIFE AFTER DEATH
Bruce Barnard |
Europe's steelmakers have discovered there's life after death. British Steel Corp. once was
REFORMERS TRIUMPHANT IN CHINESE STRUGGLE OVER ECONOMIC POLICY
P.T. Bangsberg |
China's advocates of freer markets, recently under heavy fire from more conservative elements, gaine
FURTHER CONGESTION AT AUSTRALIAN PORTS EXPECTED NEXT WEEK
Vincent W. Stove |
Already congested imports at all Australian points of entry will be further delayed next Monday when
Maritime
CHEMICAL MARKETS
Journal of Commerce Staff |
PEROXYDICARBONATES UP AT LUCIDOLPHILADELPHIA Pennwalt Corp.'s Lucidol division will increas
US RESEARCH SHIP CHARTS DIPLOMATIC SEAS
(Ap) |
The first U.S. research vessel in a decade to steam through the waters of a restricted Soviet econom
Maritime
STUDY: BLUES CUT BACK ON HOSPITAL PAYMENTS
(Ap) |
The Blue Cross and Blue Shield health insurance plans reduced their payments to hospitals by $4.8 bi
FARMERS, BATUS OFFICIALS MEET TO DISCUSS BUY-OUT
(Ap) |
In the first uneasy truce in a lengthy takeover battle, officials of Farmers Insurance Group Inc. an
SUPPORT URGED FOR COAL EXPORTS
Marie Prat |
Coal and petroleum officials say the nation needs a strong energy policy, but Americans aren't deman
TOP PORT IN SWEDEN PURSUES RECOVERY
Journal of Commerce Staff - JANET PORTER |
A new mood of realism is apparent at Gothenburg as the municipally owned port on Sweden's west coast
COCOM TO ALLOW TELECOM EXPORTS TO THE EAST BLOC
Barbara Casassus |
The export control agency Cocom will permit Western countries to sell up-to- date telecommunications
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
CALIF. OIL COMPANIES VIE FOR GASOLINE CUSTOMERS
(Reuter) |
California's love affair with the automobile has sparked a fierce rivalry among U.S. oil companies a
AIR CARGO CARRIERS FILL COCKPIT JOBS WITH EASE
Dave Higdon |
Air cargo carriers show few signs of suffering from a pilot shortage despite the unusually high dema
Air Cargo
AUSTRALIAN AIRLINE PREPARES FOR DECONTROL
Vincent W. Stove |
Government-owned Australian Airlines is gearing itself for deregulation of the domestic air scene in
Air Cargo
SATELLITE TRACKS CANADIAN TRUCKS
Andrew Tausz |
After five years of study and field tests, Frederick Transport Ltd. of Dundas, Ontario, one of Canad
Trucking News
FINANCIAL BRIEFS
From Wire and Staff Reports |
BUNDESBANK POSTS FALL IN CURRENCY RESERVESFRANKFURT, West Germany - Bundesbank net foreign c
FURTHER STEEL CUTBACKS LIKELY
Bruce Barnard |
Further bloodletting is unavoidable if the EC steel industry is to achieve a sustainable balance bet
CARIBBEAN ALLIES WARY OF DEVALUATION IN TRINIDAD
Canute James |
Trinidad and Tobago's trading partners in the Caribbean are weighing the impact of this week's 15 pe
Maritime
OSTRICH BOOTS MAY BE GROUNDED
(Ap) |
Western-wear fanciers who want to strut around in ostrich-skin cowboy boots might lose their chance
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
PAO SEEKS TO FREEZE S. KOREAN ACCOUNTS
Hannah Moore |
Hong Kong's World-Wide (Shipping) Ltd. is trying to freeze South Korean bank accounts following its
AIR CARGO TRAFFIC TO NEW ORLEANS SOARS TO MEET CONVENTION NEEDS
Marie Prat |
When GOP presidential candidate George Bush tapped Sen. Dan Quayle as his running mate, air cargo se
POOR US PERFORMANCE WEIGHS ON UK'S ROYAL
Bruce Barnard |
Royal Insurance, the U.K. composite insurer, Thursday reported flat profits for the second half of t
TIGERS HOLDS NO. 1 SPOT IN AIR CARGO
Journal of Commerce Staff |
The International Air Transport Association's has again ranked The Flying Tiger Line Inc. as the wor
Air Cargo
INTERNATIONAL BRIEFS
Wire and Staff Reports |
LABOR GROUP PROTESTS CHILE UNIONISTS' EXILEBRUSSELS, Belgium - The International Confederati
Maritime
PANHANDLE PLANS TO FIGHT AWARD IN MARAD DISPUTE
Gary Taylor |
Panhandle Eastern Corp. says it will appeal a judgment of more than $138 million rendered against th
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1240 (Aug. 18, 1988) Previous day - 1215 The Baltic International Freight Futures Exchange i
Maritime
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