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CHINA CONSIDERS CHANGES IN BUSINESS POLICIES
(Ap) |
China's top legislative body began Monday discussing a draft law on separating ownership and managem
Maritime
FORMER LLOYD'S BROKERS FACE FRAUD CHARGES
Edwin Unsworth |
Two former Lloyd's of London brokers and an accomplice were charged in a London court Monday with a
US TEXTILE MILLS LOOK TO FIRST QUARTER
Knight-Ridder Financial |
U.S. textile mills are looking to the first quarter of 1988 as a barometer, in the wake of uneasines
Maritime
MALAYSIAN COMPANY OPTIMISTIC ON '88 EXPLORATION VENTURES
P.T. Bangsberg |
Petronas, the state energy monopoly of Malaysia, will face little difficulty in attracting oil major
COUNTERTRADE TECHNIQUE LANDS BOEING BIG ORDER
Marion Cotter |
No one wants to land a major export contract by promising in advance to major foreign purchases, say
BANK UNIT GETS GO-AHEAD TO OFFER COMBINED SERVICES
Leah R. Young |
The Supreme Court gave the go-ahead Monday to bank subsidiaries offering both investment advice and
TAILOR-MADE BENEFIT PLANS GAIN SUPPORT
Journal of Commerce Staff |
More than 75 percent of human resource executives at 269 industrial and service companies believe em
UNEMPLOYMENT UP IN WEST GERMANY
(Ap) |
West Germany's unemployment rate rose to 9.2 percent during December from 8.5 percent in the previou
RAIL BRIEFS
From Wire and Staff Reports |
Long Island Rail Road Sets On-time RecordJAMAICA, N.Y. - The Long Island Rail Road set a 91.
Rail News
ILA SUPPORTS IMPORT CURBS
Journal of Commerce Staff |
The president of the International Longshoremen's Association said Monday that the ILA supports the
Maritime
CHEVRON AGREES TO MANAGE OROGIL UNIT
Journal of Commerce Staff |
Chevron Chemical Co. has reached an agreement with Paris-based Rhone-Poulenc SA whereby Chevron will
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INSURERS SPARED US-ORDERED CLEANUP COSTS
Leah R. Young |
The insurance industry has won a major battle in its attempt to free itselffrom liability fo
SPOT PRODUCT PRICES
JOC Staff |
January 11, 1988 U.S. spot oil products price indications, sellers range, in cents per gallo
WISCONSIN POWER & LIGHT TO TEST NEW COAL SOURCES
Tim Sansbury |
Wisconsin Power & Light Co. will test burn up to 400,000 tons of coal this summer as it searches for
HONG KONG BANKS FORM PLAN FOR NEGATIVE INTEREST RATES
P.T. Bangsberg |
The officially sponsored cartel of banks agreed Monday on the way negative interest rates may be imp
FINANCIAL BRIEFS
Wire and Staff Reports |
Leading Inflation Index Declined in DecemberNEW YORK - Columbia University's Center for Inte
RISK RETENTION GROUPS SEEN ON THE INCREASE
Laura Raley Borda |
Risk retention groups, liability self-insurance pools, are increasing at a fast pace and are encompa
REAGAN EXPECTED TO PRESS TOKYO ON TRADE ISSUES
Richard Lawrence |
President Reagan is expected to try to keep pressure on Japan to promote its domestic economy and li
ON THE MOVE
Journal of Commerce Staff Report |
Mazda Unit Taps KondoFor US PostJACKSONVILLE, Fla. - Ichisuke Kondo was named vice p
TRUCKING BRIEFS
From Wire and Staff Reports |
Seven Dealers Added To Hino's US NetworkORANGEBURG, N.Y. - Hino Diesel Trucks (U.S.A.) Inc.
Trucking News
BURNHAM RECEIVES ACQUISITION BID
Leo Abruzzese |
Burnham Service Corp. is the target of an acquisition attempt by an international investors group, t
Trucking News
NINE-DAY LULL IN GULF SHIP ATTACKS ENDS
(Ap) |
Iraq said Monday its warplanes raided two Iranian oil tankers, ending a nine- day lull in attacks on
Maritime
PAN AM BOARD TO CONSIDER CONCESSIONS
Ira Breskin |
Pan Am Corp. directors meet this morning to consider a package of concessionsfrom its unions
Air Cargo
CORRECTION
JOC Staff |
The president of de Havilland Aircraft Co. is Ronald B. Woodard. In a wire story about the Boeing Co
Air Cargo
SAUDIS CHARGE MARKET PRICE FOR CRUDE OIL
Staff and Wire Report |
Saudi Arabia is evidently making good a vow by its oil minister that the kingdom would strive to pro
FIRE HITS PHILADELPHIA OIL REFINERY
Josh Goldstein |
A storage tank caught fire Monday morning at Atlantic Refining & Marketing Corp.'s Philadelphia refi
LAMBS WOULDN'T BE BLACK SHEEP AT PORTLAND
Journal of Commerce Special |
If all goes as planned, there will be a new and different sound on the Portland waterfront competing
Maritime
HEAVY TRUCK SALES ENDED THE YEAR WITH A WHIMPER
Michael S. Lelyveld |
The big bang of the heavy truck industry in 1987 may have ended the year with a whimper, according t
Trucking News
JUDGE ORDERS AMOCO TO PAY FRENCH $85.2 MILLION FOR 1978 OIL SPILL
Andrea Chancellor |
Amoco Corp. will have to pay 252.8 million French francs ($85.2 million) for damages the French gove
PLASTICS CORNER SPECIALTY ADHESIVES MART MAY REACH $1.8 BILLION
Journal of Commerce Staff |
The U.S. market for structural and specialty adhesives is projected to reach $1.87 billion in 1992 f
DECLINE IN THE DOLLAR WAS BOTH GOOD NEWS AND BAD NEWS IN '87
(Ap) |
The dollar's fall of 18 percent against 10 major currencies in 1987 was good news for U.S. exporters
Maritime
BARBADOS PURSUES INVESTMENT BY US, CANADIAN COMPANIES
William Armbruster |
Touting the 98 percent literacy rate in Barbados, its cheap labor costs and proximity to the United
Maritime
ANXIETY LINKED TO HYPERTENSION
(Ap) |
People whose blood pressure goes up only in doctors' offices may account for up to one-fifth of all
HOUSEWARES EXPOSITION 'AT HOME' IN GADGETRY
(Ap) |
A machine that mixes, kneads and bakes bread and a "yardstick" that measures distance by ultrasound
Maritime
JAPAN'S STEELMAKERS STUNG BY DECLINE
Knight-Ridder Newspapers |
In launching their bold diversification efforts, the planners at Japan's ailing steelmakers have let
ENERGY BRIEFS
Wire and Staff Reports |
Norway's Oil Minister Lauds OPEC StabilityCAIRO, Egypt - Norwegian Oil Minister Arne Oeien s
MERRILL LYNCH CLOSES CONSULTING GROUP
Michael S. Lelyveld |
Merrill Lynch & Co. began the new year by quietly ending activities of the consulting group at its e
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
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