1Railways Corporation management are predicting a loss of $65 million this year, and are blaming big pay rises for the situation. The Minister of Railways, Richard Prebble is asking the corporation to come up with some ways to help rectify the situation.

2The wholesale price of petrol is to fall, however the price at the pumps will remain the same.

3The meat workers dispute is continuing with no sign of a settlement, despite a meeting between the two parties today.

4A committee is being established to try to resolve the row over live sheep exports.

5Prime Minister David Lange says France has stepped up its trade war with New Zealand over the Rainbow Warrior affair, deliberately delaying a shipment of wool.

6Former Cabinet Minister Derek Quigley announced this evening that he will not be seeking the nomination for the Presidency of the National Party.

7National Aeronautics and Space Administration (NASA) officials say it could take several days to recover all the wreckage from the space shuttle Challenger's crew compartment, found on the ocean floor off the coast of Florida yesterday.

8France says it will not bow to the demands of the Islamic extremists who are holding eight Frenchmen hostage in Lebanon.

9Brierley Investments Limited has announced a huge increase in profit, recording a profit of $53 million in the second half of 1985.

10A report looking at the reasons for the boom in the New Zealand Stock Exchange.

11A special meeting of Federated Farmers has called on members to stop all payments to Government agencies, especially The Rural Bank. More than 200 delegates also agreed that Minister of Finance Roger Douglas should resign because of the harm his economic policies are doing to farmers. Their protest coincides with apparent Treasury opposition to a Government assistance plan for indebted farmers. This raises the prospect of a large number of mortgagee sales, which would further reduce the value of farmland. An increasing number of women are taking a frontline role in protest at farmers' plight.