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On Wed, 6 Nov 1996 at 19:06:24, Ulrich Hegge discussing Occasional
update, discoursed thusly
>Hi there,
>
>>OK, here's my question.  What other newspapers offer something like this,
>>and how do you sign up for it (and sign off of it)?
>
>Sorry folks, it's all in german...
>
>The service is very successful so far, we are the biggest commercial
>provider of eMail-services in Germany right now.

On the other hand, if you don't read German (no, neither do I) The
Economist sends out two newsletters every Thursday night one on Business
and the other on Politics. 

Here's the business one in full from a few weeks ago, with subscription
details.


************************************************************************
*****
Welcome to Business This Week (October 11th - October 17th 1996)
A weekly summary of the world's main business events from The Economist
Also available at http://www.economist.com/
************************************************************************
*****

Contents
1. Business This Week
2. Information about this newsletter

LIFT-OFF
The French government recommended that Thomson, a state-owned
electronics giant, should be transferred to the Lagardere group, rather
than
Alcatel Alsthom, a rival French group. Lagardere's Matra defence unit
will fit
neatly with Thomson's missile operations. As part of the deal, which
should
hasten consolidation in Europe's fragmented defence industry, the
government
will wipe out FFr11 billion ($2.1 billion) of Thomson's debts. And
Lagardere
will sell the firm's TV-making arm to South Korea's Daewoo Electronics. 

Those who thought demand for microchips was waning should think again.
The
third quarter net profit of Intel, the world's largest semiconductor
company,
rose 41%, to $1.3 billion. Its sales rose 23%, reaching a record $5.1
billion.

Two giant Californian power companies agreed to merge. Enova, the parent
of
San Diego Gas & Electric, and Pacific Enterprises, which owns Southern
California Gas, a big producer of natural gas, will together have nearly
6m
customers and a market capitalisation of $5.2 billion.

In a British deal that will create the world's largest trade exhibitions
organiser, United News & Media won a battle for control of Blenheim by
agreeing to pay 593m ($939m) for the conference organiser. A week
earlier a
Dutch media group, VNU, had grabbed 15% of Blenheim, prompting United's
bid.

Marjorie Scardino, the chief executive of The Economist Group, is to
become
the new boss of Pearson, a British media conglomerate that is under
pressure
to improve its performance. Pearson owns 50% of The Economist. 

Philips, Europe's biggest maker of electronic goods, said it will
restructure
its management following a profits warning that caused its share price
to
slide. Cor Boonstra, who took over as president of the Dutch group this
month,
is renowned for his cost-cutting skills.


What, no Big Mac The first McDonald's in India--and the first beefless
one
anywhere in the world--opened in Delhi. In deference to India's Hindu
population, mutton has replaced beef on the menu. By using all-Indian
ingredients, the group hopes to avoid being criticised by opponents of
foreign
investment in the country.

COSTLY CRUTCHES
The thorny issue of state aid  to former East Germany is likely to cause
further controversy after the German government gave DM880m ($572m) of
aid to
two shipyards in the east. Another big East German firm, Sket, a heavy-
engineering group, began bankruptcy proceedings.

The World Trade Organisation is to set up a panel to look into an
American
complaint, which is supported by the European Union, that Japan
deliberately
keeps foreign products out of its photofilm market. But America blocked
a
request from the EU for a panel to discuss the United States' Helms-
Burton law,
which penalises firms doing business with Cuba. America claims that it
is a
political issue, not one for the WTO. 

The price of oil is soaring. Brent blend rose above $25 a barrel for the
first
time since the Gulf war. 

William Vickrey of Columbia University, who only last week shared the
Nobel
prize for economics with James Mirrlees, died, apparently of a heart
attack.
He was 82.

RUNNING BULLS
The Dow Jones industrial average closed above 6,000 for the first
time, and other bourses around the world hit record highs too. Among
them were
London, Frankfurt, Hong Kong and Sydney.

All change at troubled Morgan Grenfell Asset Management, the fund-
management
bit of Deutsche Morgan Grenfell, the investment banking arm of Germany's
Deutsche Bank. Keith Percy, its chief executive, and three other
directors are
to leave the firm after an investigation into a unit-trust scandal
unearthed
serious management flaws. 

Italy said that next month it will sell a 60% stake in Banco di Napoli,
an
ailing state bank that is being purged of its chronic debts.

A MIGHTY FINE LINE
Two of America's biggest railways are coming together to create a huge
freight
company and rail network. CSX, a transportation company, will pay $8.4
billion
for Conrail, leaving only one other serious rival, Norfolk Southern, to
the
east of the Mississippi.

A federal court suspended a set of rules that determine how much
America's
regional telephone companies can charge any new competitors for access
to
their lines. Further legal battles over the issue could delay the start
of
local competition for as much as a year.

America's big three car makers nearly doubled their profits in the third
quarter compared with the same period last year. General Motors beat
expectations with a net profit of $1.3 billion; Chrysler declared a
record
profit of $680m; and Ford clocked up $686m. However, the latter's losses
in
Europe and South America grew.

Two British airlines, British Airways and Virgin Express, and a French
consortium led by Nouvelles Frontieres, a travel group and Corsair, a
French
regional airline, are wooing Air Liberte. They are all interested in the
crippled regional airline's slots at Orly airport in Paris.


Information about this newsletter

This is a free newsletter published by The Economist newspaper. 
To find out where best to direct queries to The Economist, do not 
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Copyright The Economist Newspaper Limited.
All rights reserved.




tbt
-- 
| Bruce Tober - octobersdad@reporters.net - Birmingham, England            |
| pgp key ID 0x9E014CE9. For CV/Resume:http://pollux.com/authors/tober.htm |
| For CV/Resume and Clips: http://nwsmait.intermarket.com/nmfwc/tbt.htm    |
| "Conservatism offers no redress for the present, and makes no preparation|
| for the future." --- Benjamin Disraeli                                   |
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