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OIL RALLY NEARING ITS END, ANALYSTS SAY
John Gilardi |
Crude oil prices, which have bounced off five-year lows recently, may soon resume a downward trend,
INSURANCE EARNINGS
From Wire and Staff Reports |
EXEL REPORTS GROWTH IN OPERATING INCOMEHAMILTON, Bermuda - Excess liability insurer
PLANS OF ACTION FOR KY. INSURER COULD PRESERVE 200-450 JOBS
Jim Jordan |
There was a ray of hope last week for the 450 Kentucky Central Life Insurance Co. employees whose jo
FRANCE OKS PRIVATIZATION OF INSURANCE GIANT UAP
Reuters |
France gave the green light Monday to the privatization in the next few weeks of the country's bigge
SPOT COMMODITIES
JOC Staff |
Jan. 10, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
WASHINGTON MAY SUNSET 6 OIL SPILL COMMISSIONS
John Davies |
In a bid to streamline government, Washington Gov. Mike Lowry has proposed eliminating six state com
Maritime
DESPITE RISKS OF TERRORISM, EGYPT SEEKS MORE TOURISTS
Reuters |
Egypt is planning to launch a tourism-promotion campaign to pull in foreigners scared off by a wave
Maritime
INDUSTRIAL OUTPUT FALLS IN SPAIN
Reuters |
Spanish industrial production fell 3.5 percent on a year-on-year basis in October, against a 1.7 per
CALIF. CITIES, POWER POOL LOSE LAWSUIT OVER ALLOCATIONS
Associated Press |
Five cities and a power cooperative lost a Supreme Court challenge to a lower court ruling in a disp
CHEMICAL SHIPPER LOSES BID TO REOPEN SUPERFUND CASE
WILLIAM DiBENEDETTO |
The Supreme Court Monday refused to review a lower court ruling that companies' tank trucks are resp
MEXICO TO BOOST FINANCE WITH 6 NEW INSTITUTIONS
Journal of Commerce Staff |
Mexico's finance ministry, Secretaria de Hacienda y Credito Publico, has authorized the creation of
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
GARY, IND., SEEKS LICENSE FOR 3RD GAMBLING BOAT
Reuters |
The state law that authorized riverboat gambling in Indiana awarded two boats to Gary. Now city offi
Maritime
FLOOD DAMAGES DIFFICULT TO QUANTIFY AS RHINE WATERS RECEDE, OBSERVERS SAY
Miriam Widman |
The flooded waters of the Rhine River, which were swollen to about four times their normal level, ar
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 10, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
INSURANCE BRIEFS
From Wire and Staff Reports |
ZURICH COMPLETES BUY OF CENTRE RE HOLDINGSZURICH, Switzerland - Zurich Insurance Co.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -3.101/4 94.41/5 94.71/6 95
JET FUEL PRICES STABLE IN ASIA, MIDDLE EAST
Knight-Ridder Financial |
Prices of jet fuel in Asia and the Middle East remain firm despite the resumption of operations at s
HIGHER BRENT PRICES MAKE NORWEGIAN CUTS UNLIKELY
Jackie Cowhig |
The recent rise in Brent crude oil prices and return to stability of the Norwegian krone have exting
METALL MINING PROCEEDS WITH REVAMP
Roberta C. Yafie |
Metall Mining Corp. is moving "full speed ahead" with its plan to restructure the company as an inte
RAILWAYS END '93 WITH RISE IN CARLOAD, INTERMODAL TRAFFIC
Lawrence H Kaufman |
Railroad traffic finished 1993 on an up beat as carriers reported a 4 percent increase in carload tr
US DOLLAR RISES AS GERMAN GDP REPORT SHOWS SLUMP
Isabelle Clary |
The U.S. dollar rose Monday as western German gross domestic product for all of 1993 was reported at
I CHRISTEN THEE, THE SS ME
JOC Staff |
Photo only.
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 10, 1994 Prev. Life of Contr. OpenOpen High Low
HAWAII FUND MAY DOUBLE HURRICANE RATES
Associated Press |
While the final decision has yet to be made, the staff of the state's Hurricane Insurance Relief Fun
FRANCE LIKELY TO PROTEST CANADIAN CHASE
Reuters |
France will likely file a protest after a Canadian police vessel entered French waters while chasing
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
US-JAPAN TRADE TALKS BEGIN WITH WIDE GAPTOKYO - The fifth round of U.S.-Japan trade
Maritime
COAL PRODUCER IN INDONESIA MAPS EXPANSION
P.T. Bangsberg |
The state-owned coal company of Indonesia announced plans this week to increase output and improve t
KING OCEAN RELOCATES TO PORT EVERGLADES SITE
Craig Dunlap |
King Ocean Services, one of the major independent carriers in the South Florida-Latin America ocean
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
EU, US PLAN TO BEGIN AIR CARGO TALKS JAN. 25The United States and the European Union have se
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -2.181/3 94.71/4 94.41/5
QUALCOMM INKS LICENSING PACT WITH MATSUSHITA COMMUNICATIONS
Journal of Commerce Staff |
In an attempt to take advantage of a developing worldwide cellular sales network, Qualcomm Inc. of S
Transport, Trade and Regulation News
NEW TRANSPORT TECHNOLOGY TO COME ON LINE IN '94
Gregory S. Johnson |
If 1993 was the year of innovation, this year looks to be the year of implementation as new equipmen
Transport, Trade and Regulation News
DECEMBER JOBLESS RATE ROSE TO 11.2 PERCENT IN CANADA
Roland Blassnig |
Canada's seasonally adjusted unemployment rate for December rose to 11.2 percent, up 0.2 percentage
LA, LONG BEACH PLAN TASK FORCE TO SEEK ALAMEDA CORRIDOR FUNDING
Bill Mongelluzzo |
The neighboring ports of Los Angeles and Long Beach will establish a task force that will seek $700
ALA. OFFSHORE OIL LEASES HELP FUND UNIVERSITY
Associated Press |
Two submerged tracts leased from the state of Alabama by Mobil for almost $2.9 million will partly g
Maritime
MISSISSIPPI PORT TO EXPAND, TAKE OVER GRAIN ELEVATOR
Karen Nelson |
Jackson County has agreed to take over the grain elevator and surrounding property on the west bank
Maritime
P/C INSURERS EXPECT 4TH TO BE WORST '93 QUARTER
From Wire and Staff Reports |
Property and casualty insurers are expected to post 1993's worst underwriting results in the fourth
EMPLOYERS CASUALTY CO. CLOSES ITS DOORS IN TEXAS
From Wire and Staff Reports |
Employers Casualty Co. was declared insolvent last week, in what represents the second-largest prope
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