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ALFA TO PURCHASE A 36 PERCENT SHARE OF VESTA
JOC Staff |
Alfa Insurance Group agreed to pay up to $70.7 million for a 36 percent share of Vesta Insurance Gro
AIG UNIT RECEIVES LICENSE TO OPERATE IN SLOVAKIA
JOC Staff |
American International Group Inc. said its subsidiary, AIG Slovakia Insurance Co., received a licens
BALTIC FREIGHT INDEX
JOC Staff |
960 (November 10, 1998) Previous day - 959The Baltic International Freight Futures Market in
Maritime
2ND DECLINE SIGNALS SINGAPORE RECESSION
JOC Staff |
Singapore's economy shrank for the second consecutive quarter, a sign that the country has slipped i
Maritime
ORE DEMAND SLACKENS
Gene Linn |
Efforts by U.S. steelmakers and their labor unions to curtail steel imports are being closely wat
Maritime
PEMEX SELLS STAKE IN CHLORINE-SODA SUBSIDIARY
JOC Staff |
Petroleos Mexicanos (Pemex) has sold its 20 percent stake in Industrias Clorotec for $30 million to
MALAYSIA PRESSES FOR INCREASE IN MERGERS
P.T. Bangsberg |
In another attempt to strengthen its insurance sector, Malaysian regulators are again pushing for me
CURRENCY DROP AFFECTS BOTTOM LINE
John Davies |
U.S. forest product exports will finish this year 31 percent lower than in 1997 due to the recession
FOREST PRODUCTS SECTOR GIVES EXPORT CREDIT ITS DUE
Richard Barovick |
U.S. banks and export credit insurers have built a growing business with the forest products sector.
US PORTS ADAPTING AS WOOD SHIPMENTS FACE GLOBAL DECLINE
Janet Plume |
The Asian crisis has severely shrunk exports of forest products, especially to Asia, which is expect
1999 AUTO RATE FIGHT CONTINUES UNABATED
TOM McNIFF JR. |
The attorney general's office is considering whether to get a court order to force the insurance com
MUTUAL GROUP POSTS THIRD-QUARTER EARNINGS
JOC Staff |
Mutual Life of Canada reported net income for the third quarter of $42 million ($28 million), includ
MITCH'S FURY DELAYS US FIRM'S RAIL PLAN
Rip Watson |
The devastation wreaked by Hurricane Mitch throughout Central America apparently included a serious
BAX AND MOTOROLA IN ASIA-PACIFIC DEAL
JOC Staff |
BAX Global has been awarded a multiyear contract to manage the packing and distribution of more than
SOUTH AFRICAN GROUP GAINS OFFICIAL APPROVAL
JOC Staff |
The conversion of the South African Special Risks Insurance Association was approved by South Africa
CUSTOMS PUTS 63 MORE FIRMS ON VIOLATIONS LIST
Paula L. Green |
U.S. Customs has added 63 more names to the list of Hong Kong companies that have been involved in t
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 2 - Nov. 10, 1998 (a graph)* Annual
SPOT PRODUCT PRICES
JOC Staff |
Nov. 9, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - November 9, 1998Prev. Life of Contr. Open Open High Lo
SPOT COMMODITIES
JOC Staff |
November 10, 1998Included are list prices of suppliers. Quotations do not necessarily repres
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 204.46 off 1.18 wh
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - November 9, 1998 OPEN INTEREST AND SALES - November 6, 1998All life-of-
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
RUSSIANS STEELED FOR TRADE TALKS WITH US
John Helmer |
Talks are scheduled in Washington today when Russian trade representatives meet U.S. Department of C
Maritime
SWISS CHEMICAL FIRMS READY TO MERGE
JOC Staff |
Swiss-based chemical multinational companies Clariant and Ciba announced Monday they plan to merge t
HIGH-TECH OPERATIONS LIFT DUBAI AIRPORT FREE ZONE
Josh Martin |
Dubai's Airport Free Zone is attracting a growing number of high-tech and transport service operatio
EX-IM BANK FINANCES $250 MILLION TO BUILD CROATIAN HIGHWAY
Financing Trade - Gordon Platt |
The U.S. Export-Import Bank approved a long-term guarantee enabling Bechtel International Inc., San
CARRIERS VIE TO SERVE MIDDLE EAST
Ian Putzger |
All roads lead to Rome, but few take you to the Middle East. If you are shipping cargo by air to t
SOMETHING TO GIVE THANKS FOR: BEAUJOLAIS NOUVEAU ON WAY
Helen Atkinson |
It's young with a dash of panache, not entirely a serious drink, but the only wine in the world that
TRADELEADS
JOC Staff |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
MITCH DELIVERS LATEST BLOW TO MISSISSIPPI PORTS
Kevin G. Hall |
If the third time is the charm, don't tell that to the Mississippi State Port Authority. Bad luck ha
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ATLANTIC CONTAINER LINEThe South Plainfield, N.J.-based trans-Atlantic ocean carrier filled
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 2 - Nov. 9, 1998 (a graph)* Annual
LIVINGSTON SEEN AS A BUSINESSMAN WITH A TEMPER
William Roberts |
In his first meeting as the chairman of the powerful Appropriations Committee in 1995, when Republic
FEPASA PRIVATIZATION FACES ANOTHER DELAY
Thierry Ogier |
Government lawyers are bracing themselves for the privatization of Malha Paulista, formerly known as
EMPLOYEE STRIKE TO HIT INDIA AIR AND SEA PORTS
JOC Staff |
Operations at international airports, cargo complexes and sea ports across the country are likely to
CORRECTION
JOC Staff |
In the article on Page 1A, on Friday, Nov. 6, ''FedEx strike nears as talks break off'', the descrip
SPOT PRODUCT PRICES
JOC Staff |
Nov. 6, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
WHEN IT COMES TO CUSTOMS, THE TIES THAT BIND CAN LOSE YOU BUSINESS
Import ABCs - Donald L. Fischer, Esq. |
Experience tells us that obtaining a binding ruling from Customs is not always simple.However, it is
HANJIN INAUGURATES SEVENTH CONTAINER VESSEL
JOC Staff |
Hanjin Shipping Co. has inaugurated its seventh container vessel with capacity for 5,300 20-foot equ
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