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JOFC INDUSTRIAL PRICE INDEX, NEWLY REVISED, HITS HIGH OF 113.4
Journal of Commerce Staff |
The newly revised, 17-component Journal of Commerce Industrial Price Index hit a high Friday at 113.
US APPEALS AWARD IN LAN-CHILE CASE
Michael S. Lelyveld |
The Justice Department has moved to appeal the first damage award won by an airline forthe costs of
JOBLESS RATE FALLS TO 9.6 PERCENT IN CANADA
Knight-Ridder Financial |
Canada's seasonally adjusted unemployment rate for November fell to 9.6 percent, down 0.4 percentage
INDIA TO OFFER US GREATER ACCESS FOR TEXTILES _ IF US RECIPROCATES
N. Vasuki Rao |
Greater market access will be offered by India for American textiles during three days of talks this
Maritime
TEST OF SIMPLER LTL RATES COULD TRANSFORM PRACTICES
Rip Watson |
A Yellow Freight System pilot project to give customers shipment rates on a ''net" basiscould transf
KOREA'S SAMSUNG APPLIES FOR OK TO PRODUCE CARS
Reuters |
Samsung Heavy Industries Co. said it will shortly apply to the government for permission to make car
Maritime
JAPANESE VOTE LIKELY ASSURES GATT TREATY RATIFICATION
Mark Magnier |
As expected, Japan's Lower House Friday passed seven bills needed to ratify the Uruguay Round of the
Maritime
KEMPER NATIONAL'S KENYON PUTS RETIREMENT PLANS ON HOLD
Margo D. Beller |
Alfred K. Kenyon is not upset that his plans to fly into retirement on Jan. 1 have been grounded.
DAILY PETROLEUM PRICES.
JOC Staff |
Friday Dec. 2, 1994 Prevailing sellers' posted prices at the close of business, representing
TRADE BRIEFS
From Wire and Staff Reports |
EX-IM BANK RESUMES LENDING IN LEBANONBEIRUT, Lebanon - The U.S. Export-Import Bank resumed l
Maritime
ENERGY OUTLOOK - DALE STEFFES NEW LEADERS OF OPEC, IEA SHOULD REVIEW MARKET DISTORTIONS
Dale Steffes |
The OPEC ministers, at their recent meeting in Indonesia, elected Rilwane Lukman to become their sec
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS How to Export To, Import From and Invest In the Caribbean Basin and Latin Ame
Maritime
LLOYD'S GETS LATE BOOST OF US CORPORATE CAPITAL
HELEN MacLEOD |
Lloyd's of London received a late injection of UK88 million ($138 million) in corporate capital last
TRADE BETWEEN US AND CANADA "A BEACON FOR REST OF THE WORLD'
Leo Ryan |
Stimulated by the North American free-trade agreements of recent years, the world's largest trading
MARINE INSURERS TO WIDEN PREMIUM GAP BETWEEN GOOD, IRRESPONSIBLE SHIPOWNERS
Janet Porter |
Differentials between insurance premiums charged to good shipowners and those paid by less-responsib
CANADIAN LABOR SCENE TRANQUIL AS ECONOMIC FEARS QUELL UNREST
Leo Ryan |
Canada's labor scene, which used to be marked by turbulence, has become relatively tranquil as union
FELTRIM NAMES' WITNESS FIRM UNDER QUESTIONING
HELEN MacLEOD |
An expert witness called by the plaintiffs in the Feltrim Names case in London refused to crack unde
POPULAR CHRETIEN FACES REFORM AGENDA
Leo Ryan |
With a little help from a robust economy, Prime Minister Jean Chretien is sitting atop the highest p
PEOPLE - INSURANCE
Wire and Staff Reports |
AETNA CASUALTY AND SURETY CO. (Hartford, Conn.) - Scott P. Moser was named vice president of environ
INSURANCE BRIEFS
Wire and Staff Reports |
KEVANY STEPS DOWN AS EXEL EXECUTIVEHAMILTON, Bermuda - Michael J. Kevany officially stepped
BIG PORTS HOLDING ON AMID US CHALLENGE
Leo Ryan |
Through capital investments, tariff freezes and other initiatives, leading Canadian ports are strivi
MARSH DROPS SUIT AGAINST FORMER EMPLOYEES, MINET
Margo D. Beller |
Broker Marsh & McLennan Inc. dropped its two-month-old lawsuit against four former employees and the
SP SEEKS FURTHER DELAY IN BN-SANTA FE MERGER
Journal of Commerce Staff |
Citing renewed uncertainty that Santa Fe Pacific Corp. stockholders will ever approve the proposed a
UPS CLERICAL WORKERS REJECT UNION
Rip Watson |
United Parcel Service clerical workers in Kansas City voted by a 3-2 margin against representation b
TRANSPORT BRIEFS
Wire and Staff Reports |
CF MOTOR FREIGHT SETS 4.4 PERCENT RATE INCREASEMENLO PARK, Calif. - CF Motor Freight said Fr
CATERPILLAR TAPS INDEPENDENT SHANGHAI DEALER
Associated Press |
Caterpillar Inc. has appointed a new independent dealership for the Shanghai area, the first such ap
Maritime
APEC CONCESSION SEEN ENDANGERING US TRADE POLICY
John Maggs |
In the waning hours of last month's Pacific Rim summit, President Clinton made a concession to devel
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Dec. 2, 1994Brent Crude Oil - (Dollars Per Barrel)_
EU ROUNDUP - BRUCE BARNARD EU'S SINGLE-MARKET PERKS HAVEN'T REACHED MANY CONSUMERS YET
Bruce Barnard |
"The news on the single market is good, but it must be improved," says Vanni d'Archirafi, the Europe
Maritime
MAIL-ORDER FIRMS ALSO FACE MYRIAD TRADE RULES IN JAPAN
Mark Magnier |
To fully appreciate the beauty of selling mail-order products in Japan, you only need to look at the
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
RUSSIA TO STEP UP MONTHLY OIL EXPORTSMOSCOW - Russia plans to export 15 million metr
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Dec. 2, 1994 Prev. Life of Contr. OpenOpen High L
GASOLINE PRICES
JOC Staff |
Dec. 2, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
PERTAMINA OF INDONESIA SIGNS DEALS WITH US FIRMS
Reuters |
State oil company Pertamina said Friday it had signed contracts with U.S. companies for geothermal e
QUOTE TO NOTE ON FREE TRADE:
_ P.C. Alexander Governor of Maharashtra State, India Speaking |
"Indian industrialists must forget about the past when the government held an umbrella of protection
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 2, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
3 CITED FOR INTELLECTUAL-PROPERTY PROBLEMS
Reuters |
U.S. Trade Representative Mickey Kantor announced Friday review decisions against Greece, Egypt and
Maritime
INDUSTRY SURVEY SHOWS INCREASE IN OPEC OUTPUT FOR NOVEMBER
Knight-Ridder Financial |
OPEC oil output climbed by around 231,000 barrels a day in November toaverage around 25.24 m
OVERHAUL DEBATED AS SEAWAY STIRS
Leo Ryan |
The bulls and the reformers have grabbed the spotlight as a critical season winds down on the 35-yea
CANADA FOCUSES ON ASIA-PACIFIC, LATIN AMERICA
Peter Morton |
It may sound a little hokey, but Prime Minister Jean Chretien is bringing an ice hockey-style approa
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