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BRIEFS
From Wire and Staff Reports |
S. AFRICA'S CENTRAL BANKSIGNS SYNDICATED LOANJOHANNESBURG - South Africa's Central Reserve B
Maritime
FOREIGN PROFESSIONALS LEARN TO WHEEL AND DEAL
Kevin G. Hall |
Finance professionals from Latin America, Asia and other emerging markets this week get a lesson in
Maritime
INSURERS RESIST TEXAS REFUND \ STATE REGULATOR'S ACTION IS CHALLENGED BY 63 NATIONAL FIRMS
Associated Press |
Dozens of insurance companies are fighting a Texas Department of Insurance order to return $272 mill
GENERAL DYNAMICS SQUELCHES LITTON RUMOR
Associated Press |
General Dynamics says it has no intention of making a bid on Litton Industries, ending weeks of spec
Maritime
MEXICO SEEKS BIDS IN SALE OF BANK
Journal Of Commerce Staff |
Mexico called for bids Wednesday for an offering of 81 percent of the common stock of Banpais S.A. t
MEXICAN TEXTILE EXPORTS OVERTAKING COMBINED OUTPUT OF THE CARIBBEAN
Paula L. Green |
Mexico's exports of textiles and apparel are poised to overtake those from the Caribbean Basin regio
Maritime
STATE OFFICIALS SAY IRAN HAS SUFFERED ENOUGH, URGE PANEL TO LIFT SANCTIONS
William Roberts |
A pair of State Department officials told a congressional panel Wednesday that a 1996 U.S. sanctions
Maritime
ACTIVISTS BLAST CALIFORNIA ELECTRICITY DEREGULATION
Associated Press |
Ralph Nader and other consumer activists say the sweeping deregulation last year of California's ele
JAPAN'S REPORT ON COLOR FILM MARKET PAINTS GRAY PICTURE
Tim Shorrock |
Japan's anti-monopoly watchdog Wednesday issued a long-awaited study on the Japanese market for colo
Maritime
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGExport Documentation, Procedures and Letters of Credit. Seminars in July and August s
Maritime
"KEY MAN' CLAUSE MAY AID VERSACE INC.
Financial Times |
Gianni Versace's fashion empire could struggle to survive without him, but an insurance policy prote
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
NS RAIL REPORTS RECORD QUARTERLY PROFIT
Chris Isidore |
Norfolk Southern officials Wednesday reported the most profitable quarter ever for the company's rai
SPOT COMMODITIES
JOC Staff |
July 23, 1997Included are list prices of suppliers. Quotations do not necessarily represent
GASOLINE PRICES
JOC Staff |
July 23, 1997RESELLER RACK Unleaded Mid- Premium-Unle
HYUNDAI-GLOBAL ALLIANCE DEAL: WORLDWIDE IMPLICATIONS
Peter Tirschwell |
The decision by non-conference ocean carrier Hyundai Merchant Marine to join a consortium of confere
BRIEFS
From Wire and Staff Reports |
BP-LED CASPIAN GROUPSETS DATE FOR DRILLINGBAKU, Azerbaijan - The British Petroleum PLC-led o
API WEEKLY REPORT \ GASOLINE INVENTORIES DROP, WITH LITTLE IMPACT AT RETAIL
Journal Of Commerce Staff |
U.S. gasoline inventories fell by 2.8 million barrels in the week ended July 18 as compared with the
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGExport Documentation, Procedures and Letters of Credit. Seminars in August sponsored
BRIEFS
From Wire and Staff Reports |
PACIFIC PORTS WOOSLINE TO XIAMENHONG KONG - Hong Kong-listed Pacific Ports Co. has added a s
Maritime
OOCL BOLSTERS INTRA-ASIA SERVICES
P.T. Bangsberg |
Orient Overseas Container Line Ltd., Hong Kong's largest box carrier, is boosting intra-Asia service
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
RUSSIA SPURNS STEEL SETTLEMENT OFFER BY US
John Helmer |
Russian officials have rejected an offer from Washington to settle an anti-dumping complaint against
DOLLAR STILL RIDING FEARS OF WEAK EURO
Bridge News |
The U.S. dollar rose to a six-year high above 1.83 Deutsche marks Wednesday amid lingering fears of
HOUSE RETAINS RUSSIAN NUKE PAYMENTS \ MONEY, OVERHEAD WOES FAIL TO SINK MEASURE
Michael S. Lelyveld |
A Department of Energy program for needy Russian nuclear scientists has survived the congressional a
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 23, 1997Quotations are based on prices reported in the market or obtained from su
INDIA OUTLINES METHANE MINING PLANS
N. Vasuki Rao |
Global tenders will be called this year for exploration of coal-bed methane in nine areas following
STATE JUDGE REVERSES HER OWN MISTRIAL RULING IN IMPLANT CASE
Associated Press |
A state judge who declared a mistrial in a class-action case involving breast implants because the p
CARGO WATCH: CHINA OCEAN SHIPPING (COSCO) \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
April May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. March April May96 96 96 96 96 96
Maritime
"KATHIE LEE' UNION RALLIES OVER PACT ON POSTAL WORKER TOGS
Associated Press |
The union that exposed sweatshop labor used to produce garments for Kathie Lee Gifford's line of clo
Maritime
EU READY TO AGREE ON TOUGHER RULES FOR MEAT PRODUCTS
Associated Press |
The European Union edged toward an agreement Tuesday to impose tougher public health controls on mea
RUSSIA PLEDGES CREATION OF VIDEO PIRACY POLICE
Nick Holdsworth |
Russian Prime Minister Viktor Chernomyrdin pledged to Motion Picture Association chairman Jack Valen
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday July 23, 1997Prevailing sellers' posted prices at the close of business, represent
BRIEFS
From Wire and Staff Reports |
PLANESSENATE PANEL APPROVESJANE GARVEY AS FAA CHIEFWASHINGTON - The Senate Committee
WASHINGTON'S WHEAT FARMERS TO DISCUSS CONSERVATION SUBSIDIES
John Wright |
U.S. Secretary of Agriculture Dan Glickman is scheduled to visit eastern Washington today, where whe
EARNINGS
From Wire and Staff Reports |
MARSH & MCLENNAN SEESREVENUE RISE IN QUARTERNEW YORK - Marsh & McLennan Cos. Wednesday repor
BRIEFS
From Wire and Staff Reports |
WAYWARD PILOT'CONFUSED' IN TEXASDALLAS - The phantom has been found.The case of the
SWISS BANKS CALLED SLOW IN FINDING VICTIM FUNDS
Associated Press |
Swiss banks that waived their tightly guarded secrecy to help search for assets of 2,000 Holocaust v
BRIEFS
From Wire Reports |
JAPAN CONSORTIUM GETSRIGHTS TO CHINESE FIELDLONDON - A consortium of four Japanese companies
TOYOTA SEES ASIAN AUTO SALES HIT BY CURRENCY INSTABILITY
Bridge News |
Japan's Toyota Motor Corp. president, Hiroshi Okuda, said a decline in Asian auto sales was inevitab
Maritime
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