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LISBON AIMS FOR ITS PAST GLORY
Howard Schissel |
Lisbon is engaged in a bold gamble to become a major container transshipment and merchandise distrib
Maritime
BROKER FEARS POSITION OF SENATE
Journal of Commerce Staff |
Senate Democrats may make the insurance industry itself, not tort reform, a primary investigative ta
AIA MAY GIVE UP PUSH FOR FEDERAL TORT REFORM
Leah R. Young |
Leadership of the American Insurance Association is reassessing whether to continue major financial
STOCKS STRUT THEIR STUFF
Gordon Platt |
The stock market had the stuffing knocked out of it early last week, but came strutting right back.
GREECE REVISES ESTIMATES ON 1986 TRADE DEFICIT
Victor Walker |
While Greece had another relatively good trading month in September, the improvement was less than h
Maritime
GCC CONTROLS A THIRD OF WORLD'S OIL SUPPLIES
(Ap) |
The six-nation Gulf Cooperation Council possesses aggregate oil reserves of 304.5 billion barrels, o
OIL FUTURE PRICES SLIP BELOW $15 MARKET DEPRESSED BY REPORTS KUWAIT, SAUDIS HIKED OUTPUT
Bruce Barnard |
Oil prices slipped below $15 a barrel at the close of trading Friday amid signs that Kuwait and Saud
LOSS OF JOBS FOR SEAMEN TERMED CRISIS
Journal of Commerce Special |
The head of the union that represents shipboard engineers said the country faces a crisis because of
Maritime
LOAN TO JORDAN SCORED BY CRITICS
Journal of Commerce Staff |
The U.S. Export-Import Bank last week said it is considering $20 million in credit support for the J
LEAKY TMI VALVES RELEASE WATER
(Ap) |
Some 800 gallons of radioactive water leaked into a closed outdoor tank at the Three Mile Island Un
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
General Motors' Debt Downgraded by S&PStandard & Poor's lowered the ratings of General Motor
FEW LIKE DOT PLAN ON SUBSIDY OPPOSITION MOUNTS TO SECRETARY'S BID FOR BIGGER MSB ROLE
Robert F. Morison |
Matson Navigation Co. added its objections to the many already made to proposed changes in the secre
Maritime
SIGNS HINT FARM SLIDE MAY EASE
Chicago Tribune |
Signs are growing here and in other rural areas that a five-year slide in the farm economy is slowin
COST OF CREDIT
JOC Staff |
Friday, Nov. 21, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
ARGENTINE DATA COULD PLUMMET BLEAK BALANCE OF TRADE OUTLOOK COMES ON EVE OF IMF TALKS
Jeremy Morgan |
Government officials in Argentina predict this year's balance of trade surplus will fall by almost
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Union Texas Selling Interest in PropertiesUnion Texas Petroleum reported that it has agreed
PASNY BACKS POWER SALE BILL
Journal of Commerce Staff |
The New York Power Authority urged the state government to provide legislation enabling the utility
UK URGED: ACT TO STEM DEFLAGGING
Journal of Commerce Staff |
The volume of British-owned merchant shipping tonnage operating on overseas registers will exceed th
Maritime
RATE ROLLBACK DECISION WILL STAND
Journal of Commerce Staff |
The Federal Maritime Commission refused to reconsider its decision to require Matson Navigation Co.
Maritime
AUSTRALIAN OFFICIAL SEES DECONTROL AS DAMAGING
Vincent W. Stove |
William Bolitho, one of Australia's leading shipping executives, described moves to deregulate Austr
Maritime
TWRA CANCELS STRIKE SURCHARGE LINES RESCIND CONTINGENCY PLAN AS THREAT OF DOCK STRIKE DIMS
John Davies |
The TransPacific Westbound Rate Agreement, a rate-making conference of 14 shipping lines that operat
Maritime
PORTS DEBATE LABOR STANCE VIEWS DIFFER ON PRESENCE AT NEGOTIATING TABLE
Craig Dunlap |
Port authorities cannot afford to sit back passively while port labor negotiations are under way, ac
Maritime
TAX REFORM'S WINNERS MAY INCLUDE UTILITIES
(Ap) |
The state's utility companies stand to pay smaller federal tax bills under the nation's new tax code
SANTA FE RESTRUCTURING SURPRISES NIT OBSERVERS
Gregory S. Johnson |
Shippers and industry observers attending the 79th annual National Industrial Transportation League
INSURANCE UPTURN TOO SOON?
Edwin Unsworth |
The earnings recovery in the U.S. insurance market may have taken place too rapidly for the improvem
FLYING TIGER STILL SOLD ON SELLING
Bill Mongelluzzo |
The union representing Flying Tiger Line's pilots said its door is "still open" for negotiations, bu
UK MAPS NEW LAW ON PRODUCT LIABILITY
Edwin Unsworth |
The British government intends to pass a consumer protection law by next spring that will introduce
NEW TO TRADE, BUT WELL-RECEIVED
Mark Magnier |
Rafael Quesada spent nine years at sea and saw his share of bad storms, including one off the East C
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Rapid Transit District Under Insurance ProbeThe district attorney's office is investigating
Maritime
NY UTILITY WRITES GUIDE IN CHINESE
Journal of Commerce Special |
The New York State Public Service Commission published the first Chinese version of its rights guide
CME SEEKS FUTURES-STYLE MARGINING FOR OPTIONS
Laurie A. Morse |
The Chicago Mercantile Exchange intends to seek approval to revise margining procedures for its opti
CHINESE EXPECTED TO HARVEST 390 MILLION TONS OF GRAIN
(Ap) |
China will harvest 390 million metric tons of grain this year, up 10 million metric tons from last y
SEOUL RENEWS CALL TO STOP DAM PROJECT
(Ap) |
South Korea on Friday renewed its call on North Korea to immediately cease" the construction of a hy
PLASTICS CORNER W. EUROPE GROWTH COULD WANE
Journal of Commerce Staff |
Real growth in plastics additives consumption in Western Europe will decline over the next decade to
PRIVATE FIRMS EYE UK COAL-FIRED PLANTS
Bruce Barnard |
The U.K. government will decide shortly whether to allow private companies to operate coal-fired pow
PERU, US BANK NEGOTIATE
Barbara Durr |
The First Interstate Bank of California is in the final stages of negotiations with Peru for repayme
Maritime
OVERNITE PURCHASE A FORERUNNER?
Leo Abruzzese |
More rail/truck mergers will follow Union Pacific Corp.'s purchase of Overnite Transportation Co., a
GOVERNMENT PROCUREMENT: GATT PANEL MAPS CODE
(Ap) |
Trade representatives from 20 countries agreed on a new code aimed at preventing governments from di
MCLEAN STOCK DROPS SHARPLY
Journal of Commerce Staff |
McLean Industries' stock closed Friday at $1.875, down $1 in the wake of news that the company lost
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