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SUIT CHARGES ALLSTATE WITH DECEPTIVE PRACTICES
Ronald Gift Mullins |
Pennsylvania Attorney General Mike Fisher has filed a lawsuit against Allstate Insurance, charging t
GASOLINE PRICES
JOC Staff |
Dec. 10, 1998RESELLER RACK Unleaded Mid- Premium-Unle
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - December 9, 1998 OPEN INTEREST AND SALES - December 8, 1998All life-of-
HAMBURG/BREMEN JOINT MARKETING OF PORT SERVICES NEGOTIATIONS START
The European Ports Roundup is written by Aviva Freudmann and |
The New Year will ring in the start of a joint marketing effort between Eurokai AG, Hamburg's No. 2
Maritime
OPIC SEEKS COMMENT ON SUBPOENA PROPOSAL
JOC Staff |
The Overseas Private Investment Corp. published a notice in Thursday's Federal Register of proposed
Maritime
CHILEAN FINANCE MINISTER SAYS IMF SHOULD FARM OUT DUTIES TO CENTRAL BANKS IN FED-STYLE SYSTEM
Kevin G. Hall |
As part of any plan to reform the International Monetary Fund, the lending institution should farm o
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
DEUTSCHE POST OFFERS $1 BILLION FOR DANZAS
Robert Koenig |
Germany's fast-growing postal system, Deutsche Post AG, intends to put its stamp on the internationa
IRISH PERMANENT BOUGHT BY IRISH LIFE FOR $1.4 BILLION
Reuters |
Irish Life PLC, Ireland's largest life insurer, has agreed to acquire Irish Permanent PLC, the top m
INDIA AGREES TO 26 PERCENT CAP ON INSURANCE VENTURES
N. Vasuki Rao |
India will cap both direct foreign and domestic equity in insurance joint ventures at 26 percent, ac
AETNA TO PURCHASE PRU HEALTHCARE FOR $1 BILLION
Associated Press |
Aetna Inc. is buying the health-care business of Prudential Insurance Company of America for $1 bill
WORLD BANK SEES DROP IN LATIN AMERICA GROWTH
Economist Intelligence Unit, Bridge News Service, Associated |
Latin America will suffer more than other regions from the current global economic slowdown, with gr
LANTAU CONTAINER TERMINAL EXPECTED TO OPERATE BY 2002
P.T. Bangsberg |
It took six years and a political dispute with China, but the next generation of container terminals
Maritime
GREENBRIER WINS BNSF DOUBLE-STACK CAR ORDER
JOC Staff |
Greenbrier Cos. has won a new order for 1,000 double-stack intermodal railcars worth $50 million fro
FMC MAY PROVIDE ONLINE TARIFF LISTING
Tim Sansbury |
The new Internet Web sites that international shipping lines will create next year to present their
BRITISH RAIL OWNER REINED IN
Aviva Freudmann |
Britain's train operators, including U.S.-owned English, Welsh & Scottish Railways, can expect to pa
FMC DELAYS SANCTIONS ON BRAZILIAN SHIPPING
Journal Of Commerce Staff |
Federal Maritime Commission officials have held off on sanctions aimed at Brazilian shipping, opting
WEEKLY COAL EXPORTS \ WEEK OF NOV. 30 - DEC. 4, 1998
PIERS, New York |
Only table.
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Dec. 9, 1998PREV. LIFE OF CONTR. OPENOPEN HIGH L
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeDec. 9, 1998 Brent Crude Oil - (Dollars Per Barrel)
GENTLER AIR BAGS FOUND TO STILL OFFER PROTECTION
JOC Staff |
Air bags designed to deploy less forcefully appear to be protecting adults, too, according to govern
CLINTON HAS STOCK ANSWER FOR SOCIAL SECURITY WOES
JOC Staff |
President Clinton favors strengthening the Social Security program's finances through more profitabl
BA TO SELL ITS ASIAN BANKING BUSINESSES
Sue Zeidler |
BankAmerica Corp. said it planned to sell its retail businesses in India, Singapore and Taiwan as pa
Maritime
AS THE WEB PENETRATES CHINA, THE FORBIDDEN CITY GOES GLOBAL
P.T. Bangsberg |
se of the Internet in China is booming, and the government is moving rapidly to keep up.The
OCEAN, GRIFFIN DONATE SERVICES TO HONDURAS RELIEF EFFORT
Journal Of Commerce Staff |
Ocean Logistics Corp., in conjunction with Griffin Industries Inc., will provide the services of the
Maritime
STEEL TRADERS SEEK TO HEAD OFF IMPORT BAN
JOC Staff |
Steel importers have persuaded an array of U.S. manufacturers and other businesses to sign a letter
Maritime
EGYPT, JORDAN AIM TOWARD TRADE ZONE
JOC Staff |
Jordan and Egypt Thursday signed accords expected to lead to the creation of a free-trade zone betwe
Maritime
OIL MERGERS MAY NECESSITATE MORE OIL MERGERS
David Brinkerhoff |
Bigger may be better, but even really big is no longer good enough in the oil industry.After
EU PROPOSES BAN ON FOUR ANTIBIOTICS IN FEED
JOC Staff |
The European Commission Thursday proposed a ban on the use of four antibiotics in animal feeding stu
Maritime
BALTIC HANDY INDEX
JOC Staff |
752 (Dec. 10, 1998) Previous day - 762The Baltic Exchange in London on Tuesdays and Thursday
Maritime
CARGO WATCH: LONG BEACH
PIERS database. |
Key movements in 20-foot ocean container unitsSept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May
Maritime
SHELL DROPS PLANS FOR PIPELINE ACROSS IRAN
Michael S. Lelyveld |
Royal Dutch/Shell has quietly dropped plans to build a controversial gas pipeline across Iran, endin
SUIT CHARGES PAN AM MISLED SHAREHOLDERS
JOC Staff |
A Florida lawyer filed a class-action suit on behalf of Pan Am Corp. equity investors, alleging Pan
AIRBORNE EXPRESS BUYS USED BOEING JETS
JOC Staff |
Airborne Freight Corp., which operates under the trade name Airborne Express, has agreed to acquire
CITIGROUP TO AUCTION PHIBRO TRADING UNIT
Reuters |
Citigroup Inc. on Wednesday formally put its commodities trading unit, Phibro Inc., on the auction b
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 191.39 off 0.99
MEADOWBROOK OPENS KENTUCKY SUBSIDIARY
JOC Staff |
Meadowbrook Insurance Group Inc. has opened a Louisville, Ky., office to specialize in workers compe
CHICAGO PROFESSOR FINDS HIMSELF "NERVOUS AGAIN IN '99' OVER ECONOMIC PROSPECTS
Peter Alan Harper |
Marvin Zonis, a professor of business administration at the Graduate Business School at the Universi
Maritime
ERICSSON SIGNS PACT FOR NETWORKS IN CHINA
JOC Staff |
Ericsson said it signed a contract, worth $160 million, with Guangxi Post and Telecommunications Adm
Maritime
TRADELEADS
JOC Staff |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
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