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GUARANTEE FUND NOT A CURE-ALL
James Nolan |
The pace of insurance company insolvencies is certain to quicken and as more insurers collapse, stat
REFINERY GETS 2ND CHANCE
Nallene Chou Wiest |
The Come-by-Chance refinery, often called Newfoundland's industrial white elephant, is set to get a
MARITIME BRIEFS
From Wire and Staff Reports |
Iran Plans to Launch Service to East AfricaNICOSIA, Cyprus - Iran plans to launch a new ship
Maritime
MEXICO TO ALLOW PESO FUTURES TRADE
WILLIAM A. ORME Jr. |
Peso futures trading will be authorized in Mexico for the first time beginning early next year, a ce
COST OF CREDIT
JOC Staff |
Tuesday, Nov. 18, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
EC REMOVES ONE PRODUCT FROM STEEL QUOTA SYSTEM
(Ap) |
Industry ministers of the 12 European Community nations put off a decision on a proposal by Europea
PLASTICS CORNER
Journal of Commerce Staff |
Compounder Raises OutputFor AlliedMORRISTOWN, N.J. - A newly installed compounder si
TODAY'S NEWS SUMMARY
JOC Staff |
FINANCIALThe dollar eased slightly in slow trading as the foreign exchange market sat back t
Maritime
TENTATIVE SETTLEMENT REACHED IN DIOXIN SUITS
(Ap) |
A tentative settlement of $19 million has been reached in lawsuits involving 111 claims and 128 peop
FMC OKS FEES IMPOSED FOR WAREHOUSE CHECKING
Robert F. Morison |
The Federal Maritime Commission acknowledged that warehouse checking by a terminal operator is a leg
Maritime
NEW SERVICE EYES US FAX NETWORK
Phillip Hastings |
North America is likely to be one of the first international markets to get a new facsimile-based do
OVERLAND POSTS QUARTERLY LOSS
Journal of Commerce Staff |
Overland Express Inc. reported a third quarter loss of $6.4 million, compared with a year-earlier pr
BANK CITES IMPROVEMENT IN BARBADOS' ECONOMY
Canute James |
Barbados' central bank said economic output by the eastern Caribbean island between January and June
Maritime
PIEDMONT TO EXPAND OPERATIONS AT BWI
Juliana King |
Piedmont Aviation Inc. is expanding its operations at Baltimore Washington International Airport by
INTERNATIONAL CALENDAR
JOC Staff |
CONFERENCE ON LATIN AMERICAN COUNTERTRADE AND THE FLORIDA INTERNATIONAL CURRENCY AND BARTER EXCHANGE
Maritime
GM TO RESTRUCTURE AUSTRALIAN COMPANY
Vincent W. Stove |
The activities of General Motors in Australia will take on a new look on Dec. 9 as the company striv
Maritime
WORLD TODAY
From Wire and Staff Reports |
Japanese Phone Venture TOKYO - A group of U.S., Japanese and British companies formed a join
SAVVY GREEK THRIVES IN TANKER BUSINESS
Stanford Erickson |
''Liner shipping, we Greeks say, is like making love to one's wife," says Minos X. Kyriakou. "It's a
BALTIMORE DOCKERS ACCEPT TERMS
Alan F. Schoedel |
Baltimore longshoremen approved their new three-year contract by a narrower margin than had been exp
PACIFIC NUCLEAR WINS CONTRACT
Journal of Commerce Staff |
Pacific Nuclear Systems Inc. said that its subsidiary, PN Services Inc., was awarded a contract for
FIRE SAFETY CONFERENCE SCHEDULED
Journal of Commerce Staff |
The Fire Retardant Chemicals Association has announced the scheduling of ''International Conference
SQUIBB AGREES TO SELL CHARLES OF THE RITZ
Journal of Commerce Staff |
Squibb Corp. agreed to sell the business of Charles of the Ritz Group Ltd., its fragrance and cosmet
NYMEX TO HOST INDUSTRY DINNER
Journal of Commerce Staff |
The New York Mercantile Exchange will host the first annual international oil industry dinner Feb. 4
MIAMI: TOUGH ACT TO FOLLOW
Craig Dunlap |
Caribbean seaports banking on the cruise business as their financial savior may be disappointed, acc
Maritime
SEAMEN PROTEST SMIT-LLOYD FLEET CUTS
Simon Cameron Moore |
Smit-Lloyd BV, the Rotterdam-based owner of tug, anchor handling and supply vessels servicing the of
Maritime
CARBIDE MAPS DEFENSE IN BHOPAL COUNTERSUIT
Journal of Commerce Staff |
Union Carbide Corp. was insulated from the operation of its Bhopal, India subsidiary by actions of t
TAKEOVER ISSUES CONTINUE TO SINK
Gordon Platt |
The dark shadow of the Ivan Boesky scandal continued to cast a pall on Wall Street Tuesday, as takeo
COMMODITY BRIEFS
From Wire and Staff Reports |
Traders Keep Eye On Coffee PricesCoffee traders said that unless there is a halt to dramatic
ENERGY BRIEFS
From Wire and Staff Reports |
Mobil Sells Interest In Western PlatinumMobil Corp. sold its 24 percent interest in Western
JAPAN'S TAX PLAN CROSSES HURDLE
Journal of Commerce Staff |
A Japanese income tax cut totaling $12.5 billion became much more likely Tuesday when the ruling Lib
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
US Airline Industry Turns Losses AroundThe U.S. airline industry registered a near record op
PORTS JOCKEY FOR HUB STATUS
Craig Dunlap |
Every port in the Caribbean would like to be a major transportation hub, but it would be folly for
UMW LOOKING BEYOND COAL
James Warren |
The marble bust of a forbidding John L. Lewis still sits on a landing, seemingly staring at anyone e
EXXON STARTS UP ISOAMYLENE UNIT
Journal of Commerce Staff |
Exxon Chemical's new isoamylene unit was operating at 99 percent purity within the first week of ope
COAL ASSOCIATION SEEKS TAX RELIEF BRITISH COLUMBIAN INDUSTRY IN DIRE STRAITS, STUDY SHOWS
Brian Lewis |
The Coal Association of Canada is asking the British Columbia government for tax and royalty cuts to
SANCTIONS COULD FORCE PULLOUT OF US OIL FIRMS FROM SYRIA
(Ap) |
Two U.S. oil companies may have to pull out of Syria because of U.S. measures against Damascus, the
US COAL THIRD ON OPTIONS LIST NEW ENGLAND UTILITIES CONSIDER ALTERNATIVES
Tim Sansbury |
U.S. coal ranks third, possibly fourth, on a list of fuel options New England utilities are consider
LAKE AREAS GEAR FOR POTENTIAL FLOODING
(Ap) |
There's one sure sign that Lake Ontario is reaching a dangerous level - business has picked up for t
Maritime
YUGOSLAVIA SEEKS FOREIGN INVESTORS
(Ap) |
The Yugoslav government is attempting to make this non-aligned communist country more attractive for
Maritime
SHIPPERS SAY ABANDON BRAZIL MARITIME PACT
Robert F. Morison |
Two shipper groups urged the U.S. government to stand firm and refuse to renew the cargo-sharing, bi
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