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RUSSIANS TO BUILD ICEBREAKING TANKERS USING CREDIT ISSUED BY GERMAN BANKS
From Wire Reports |
The Russian government has decided to use a credit of 120 million Deutsche marks ($85.7 million) to
EUROPEAN HIGH-SPEED TRAINS SET FOR NORTHWEST SERVICE
Journal Of Commerce Staff |
Amtrak and Washington state transportation officials have agreed to buy three European-designed high
SOUTH AFRICA AT CROSSROADS ON ECONOMIC POLICY
Vera Von Lieres |
South Africa is under pressure to deliver a coherent, long-term growth strategy but it faces a dilem
Maritime
LEE EXPECTED TO STRESS "ONE CHINA' POLICY \ LEADER WILL BE FIRST DIRECTLY ELECTED CHIEF
Nailene Chou Wiest |
When Lee Teng-hui becomes the first popularly elected president of Taiwan May 20, his inauguration s
Maritime
BRIEFS
From Wire and Staff Reports |
HARPER RETIRESFROM NABISCO POSTCHICAGO - Nabisco Holdings Corp. said Charles Harper had reti
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday May 16, 1996Prevailing sellers' posted prices at the close of business, representin
CORRECTION
JOC Staff |
A caption appearing on Page 1A Wednesday should have said CP Rail is privately owned.
MEXICO OFFERS RELIEF MEASURES TO BOOST AILING BANK SECTOR \ STEPS INCLUDE HOME LOAN RESTRUCTURE
Kevin G. Hall |
Mexico's finance ministry has announced additional relief measures for the troubled banking sector a
FREIGHT RATE FUTURES
JOC Staff |
May 16, 1996Baltic International Freight Futures Market Prev.Close High Low
HONG KONG CONGLOMERATE TAKES CONTROL
P.T. Bangsberg |
One of Hong Kong's oldest diversified conglomerates is now principal owner of the colony's second-bi
BRIEFS
From Wire and Staff Reports |
MITSUBISHI UNIT RAPPEDON HANDLING OF BIAS CASETOKYO - Prime Minister Ryutaro Hashimoto expre
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lots
SPOT PRODUCT PRICES
JOC Staff |
May 16, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
LA DRAWS $20 MILLION MORE FROM PORT
Bill Mongelluzzo |
Already sued by the California attorney general for diverting $20 million of harbor revenues to its
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BRIEFS
From Wire and Staff Reports |
P&O SEEKS REMOVALOF FERRY RESTRICTIONSLONDON - The P&O Group is asking the British governmen
BRIEFS
From Wire and Staff Reports |
PILOT GROUP PLEDGESMORE OBJECTIVE CRITERIASAN FRANCISCO - Settling a discrimination lawsuit,
MANAGING TRAFFIC - GREGORY S. JOHNSON \ HIGH PUMP PRICES FOR GASOLINE FUEL OUTPOURING OF SURCHARGES
Gregory S. Johnson |
Truckers put off imposing surcharges as the price of gasoline rose, although at least one shipper ha
QUOTE TO NOTE
David Hirschmann |
''The result has been to expose businesses to global competition while leaving their hands tied up i
Maritime
BRIEFS
From Wire and Staff Reports |
OECD SET TO WELCOMEPOLAND AS MEMBERWARSAW - Poland is expected to become the 28th formal mem
Maritime
AMERICAN BROACH & MACHINE CO.
Maria Carlino |
When a new import law in South Korea killed American Broach & Machine Co.'s first big order, the man
Maritime
BJP GOVERNMENT TAKES OFFICE IN INDIA FEW EXPECT IT TO LAST
N. Vasuki Rao |
A minority government of the Bharatiya Janata Party headed by Atal Behari Vajpayee as prime minister
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 16, 1996 Brent Crude Oil - (Dollars Per Barrel)
TENTATIVE DEAL AWAITS OK
Robert H. Reid |
U.N. and Iraqi negotiators have reached a tentative deal to let Iraq resume oil sales, but are waiti
HONG KONG CALM IN MIDDLE OF TRADE STORM
Gene Linn |
The winds of a trade skirmish between China and the United States began swirling around Hong Kong Th
PEOPLE ON THE MOVE
From Wire and Staff Reports |
AIG INSURANCE SERVICES INC.Cecilia E. Norat will become president of newly formed AIG Vendor
CARGO TRAFFIC AT WORLD'S AIRPORTS GAINS 6.9 PERCENT OVER FEBRUARY 1995
John Zarocostas |
Cargo traffic at the world's airports rose by 6.9 percent in February to reach 3.6 million tons comp
US ISSUES LIST TARGETING $3 BILLION IN CONSUMER GOODS FROM CHINA
John Maggs |
A list of $3 billion in annual imports from China targeted for trade sanctions because of a copyrigh
A BUMPER CROP OF SUBSIDIES
Aviva Freudmann |
The farmers and the railroads are at it again.The long-running feud between Western Canadian
PRESSURE BUILDS ON EU TO BLOCK AIR FRANCE SUBSIDY
Bruce Barnard |
The European Commission is coming under growing pressure to block a $960 million government subsidy
GERMAN-CONTROLLED SHIPS SPARKING NEW INTEREST
Peter Shaerf |
April saw the market stabilize after its recent drop and perhaps start that oft-anticipated climb ba
PLM ALTERS ITS COURSE TO FOCUS ON LEASING
Peter Tirschwell |
PLM International said it will stop organizing and selling investment funds to the public.In
MAJOR US BANKS PRESS OPPOSITION TO NEW HOUSE IRAN-LIBYA SANCTIONS
Michael S. Lelyveld |
The nation's largest banks pressed their fight against proposed Iran-Libya sanctions in the House th
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lots
US COMPANIES IN SOUTH AFRICA: CORRECTION
JOC Staff |
No text.
Maritime
US GIVES RUSSIA MONEY TO STORE NUCLEAR WASTE
Knight-Ridder Financial |
The United States is to give Russia financial aid worth $25 million to build a special facility for
BRAZIL'S EFFORTS TO REFORM ECONOMY RUN INTO A BRUISING TRADE DEFICIT
Paula L. Green |
As Brazil seeks to define its trade strategy approaching the 21st Century, it finds itself walking a
COST OF CREDIT
JOC Staff |
Wednesday, May 15, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
BRIEFS
From Wire and Staff Reports |
MEXICO EAGER TO OPENTRADE TALKS WITH EUMEXICO CITY - Mexican Foreign Minister Angel Gurria s
Maritime
GASOLINE PRICES
JOC Staff |
May 15, 1996RESELLER RACK Unleaded Mid- Premium-Unlea
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