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BANK OF AMERICA LOOKS TO CHINA BUSINESS EXPANSION PLANNED DESPITE STREAMLINED OPERATIONS
P.T. BANGSBERG |
Despite strenuous efforts to trim worldwide operations in the face of heavy losses, Bank of America
Maritime
HAGEMEYER TO BUY 80 PERCENT STAKE IN GPX
P.T. BANGSBERG |
The Dutch conglomerate, Hagemeyer NV, a unit of First Pacific Group, will acquire a U.S. electronics
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
IMF Director Assures<br><br> Philippines on TalksMANILA, Philippines - The director of the Asian Div
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Wilson Plans Action<br><br> On Offshore DisputeSANTA BARBARA, Calif. - Sen. Pete Wilson, R-Calif., p
Maritime
AAPA BOARD ELECTS KILLEEN
Journal of Commerce Special |
Larry Killeen, port of Tacoma executive director, has been elected to the board of the American Asso
Maritime
STUDY SEES NEED FOR BOX FACILITIES
BRUCE JOHNSON |
Up to 11 new container terminals will be needed on Puget Sound by the year 2005 if ports are to keep
Maritime
CALIFORNIA INKS HISTORIC PACT
(AP) |
Federal and California officials have ended 26 years of negotiations by signing an agreement to coor
Maritime
A&A PLANS POLLUTION COVERAGE
ALAN HERBERT |
Alexander & Alexander Services Inc., New York-based broker, is forming a risk retention group to spe
JAPANESE WARNED ON INVESTMENT ABROAD
A.E. CULLISON |
Private sector direct investment abroad by Japan is rapidly approaching an overall total of $130 bil
NORTH KOREANS SEE 'NO TROUBLE IN PARADISE'
JASPER BECKER |
Everything appears perfectly normal here in the capital of North Korea after the recent flurry of ru
ECONOMICS TEAM TO SURVIVE PHILIPPINE CABINET RESHUFFLE?
RICHARD GOURLAY |
Business executives expect that the team of economics ministers in the Philippines are likely to re
BANKING SHIFT SEEN IN BARCLAYS' S. AFRICAN EXIT
TONY KOENDERMAN |
Business leaders here predict the withdrawal of Britain's Barclays Bank could<br><br>shift the forei
US HOPES NEW SYSTEM EASES TRADE
RICHARD LAWRENCE |
Within little more than a year, the United States may have a radically different trade classificatio
MCLEAN ASKS PROTECTION UNDER CHAPTER ELEVEN USL TO DROP WORLD, ATLANTIC SERVICES, LAY OFF 1,200
MARK MAGNIER |
McLean Industries Inc. and two of its subsidiaries, United States Lines Inc. and United States Lines
WORLD TODAY
From Wire and Staff Reports |
Sears in Agreement<br><br> CHICAGO - Sears, Roebuck and Co. and Hagemeyer NV, a general trading comp
GATT URGES BAN ON PROTECTIONISM
FELIX DEARDEN |
The tone of the Uruguay round of multilateral trade talks will be determined by trading nations' wi
TODAY'S NEWS SUMMARY
JOC Team |
BANKING<br><br>South African business executives term Barclays Bank's pullout from South Africa a se
EC ADOPTS PLAN ON PETROCHEMICALS
(AP) |
European Community foreign ministers Monday indicated they want to prevent a flood of petrochemical
BRAZIL'S AUSTERITY MEASURES PROTESTED
JAMES BRUCE |
The harshness of Brasilia's new adjustments to its nine-month-old economic stabilization plan, as we
CONCESSION TO US IRKS CANADIANS SOFTWOOD LUMBER EXPORTERS DENOUNCE TRADE PROPOSALS
LEO RYAN |
Canadian exporters of softwood lumber are upset about the latest attempt by Canada's government to a
ON THE MOVE
-Staff Report |
Northern Air<br><br> AnnouncesNew Position<br><br>Northern Air Freight Inc. named John S. Diefendorf
ASIAN COUNTRIES HOPE TO ERADICATE ILLITERACY
(AP) |
Nearly three quarters of the world's 889 million illiterates live in Asia, and nations in the area
Maritime
CHINA SEEKS INVESTMENT IN EXPORT INDUSTRIES
VINCENT W. STOVE |
China wants more foreign investment in industries that could be expected to earn foreign exchange.<b
Maritime
PRODUCTION RISES 26.9 PERCENT IN SHENZHEN
(AP) |
Industrial production was up 26.9 percent for the first 10 months of the year for foreign joint-vent
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Company Agrees to Buy<br><br> Unisys Corp. OperationsA company formed by New York-based Clayton & Du
Maritime
MALAYSIA LOOKS FOR SOVIET TRADE HARD-PRESSED NATION HOPES TO FOLLOW INDONESIA'S LEAD
P.T. BANGSBERG |
The government of Malaysia appears to be following the lead of equally hard- pressed neighbor Indone
Maritime
PACIFIC RIM OBSERVATIONS
BILL MONGELLUZZO |
The Pacific Rim remains an attractive and growing trading partner for the West Coast, but each natio
Maritime
VOLKSWAGEN, FORD CONFIRM VENTURE
JAMES BRUCE |
Volkswagen and Ford confirmed here the formation of a $4.5 billion international joint venture holdi
Maritime
BRAZIL RELEASES TRADE FIGURES TARDILY DISCLOSED DATA REVEAL SERIOUS SETBACK
JAMES BRUCE |
Brazil's October trade figures were the worst in four years, constituting a serious setback in Braz
Maritime
DISINVESTMENT WORRIES BLACK LABOR LEADERS
TONY KOENDERMAN |
Black labor leaders still favor U.S. corporate disinvestment from South Africa, but they are concern
Maritime
ITALY, BRITAIN AND GREECE GET MOST OF EC REGIONAL AID
(AP) |
Italy, Britain and Greece got the biggest shares of the 2.5 billion European Currency Units (about $
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Third Rhine Spill<br><br> AMSTERDAM, Netherlands - The third major chemical spill in the Rhine river
Maritime
BONN EXPECTS FLAT GROWTH
JESS LUKOMSKI |
The West German economy will grow at a real, price-adjusted rate of 2.5 percent in the course of 198
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Gorbachev in India<br><br> MOSCOW - Soviet leader Mikhail S. Gorbachev left Moscow for a visit to In
Maritime
SLOW TRAFFIC GAIN FORECAST FOR RAILS
ANDREA CHANCELLOR |
Railroad traffic should remain flat overall next year although slow growth is expected for some comm
ANALYSTS SAY LEASEWAY PRICE FAIR
LEO ABRUZZESE |
Trucking analysts believe a dissident Leaseway Transportation Corp. shareholder will have trouble pr
WEEKLY TRUCK TONNAGE INDEX
JOC Team |
The following index charts weekly changes in motor carrier tonnage originating<br><br>from 49 produc
TRAFFIC BRIEFS
From Wire and Staff Reports |
Fruehauf to Offer<br><br> Debt SecuritiesFruehauf Holdings Inc. filed with the Securities and Exchan
SOO LINE PLANS SHORT LINE DECISION PUTS RAIL, UNIONS ON COLLISION COURSE
CAROL JOUZAITIS |
A growing trend among major railroads is to spin off unprofitable branches to short lines that revi
BOESKY COULD FACE YEARS OF LITIGATION
(AP) |
An avalanche of private lawsuits seems to be in the making in the Ivan Boesky insider trading scanda
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