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CURRENCY PLUMMETS IN ITALY DESPITE INTEREST RATES INCREASE
Reuters |
Fears for the survival of Prime Minister Silvio Berlusconi's government sent the lira crashing Frida
MARAD FINDS PUBLIC PORTS DON'T TRY TO BE PROFIT CENTERS
Tim Sansbury |
Despite two decades of pressure from all levels of government, there is no trend among U.S. public p
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
BUMPER CROP FORECAST FOR SOYBEANS, CORNWASHINGTON - The Agriculture Department Thurs
CARGO-HANDLING FIRM IN SLOVAKIA SEEKS TO EXPAND ITS HORIZONS
Special to The Journal of Commerce |
Slovak Air Services, the newly launched cargo-handling company with exclusive rights to operate at t
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 11, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
JOFC PRICE INDEX HITS NEW HIGH
Knight-Ridder Financial |
Thursday's rise in plywood and metal prices pushed The Journal of Commerce Industrial Price Index to
NIGERIAN UNION PLANS WAGE DEMAND
Knight-Ridder Financial |
Senior oil workers' union Pengassan, participating in Nigeria's oil workers' strike, will - once the
BRAZIL TAKES STEPS TO END THEFT OF FOREIGN-OWNED TRADEMARKS
James Bruce |
Harried owners of contested international trademarks may now cite their advertising budgets in provi
Maritime
SPOT COMMODITIES
JOC Staff |
Aug. 11, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
SWISS CHEMICAL EXPORTS INCREASED BY 4.6 PERCENT IN FIRST HALF OF YEAR
John Zarocostas |
Exports by Switzerland's chemical industry rose by 4.6 percent to 12.2 billion Swiss francs ($9.1 bi
SYNOPTICS COMMUNICATIONS
K. Buck Wolf |
SynOptics Communications Inc. is proving the boom in computer networking technologies is global, as
Maritime
AUSTRALIA IGNORES SEVERITY OF DROUGHT, FARMERS SAY
Reuters |
Australian farmers, battling to survive possibly the worst drought on record, say their plight is no
Maritime
HANCOCK SETS SIGHTS ON CHINA AND VIETNAM
Matthew Lewis |
John Hancock Mutual Life Insurance Co. hopes to have policyholders in China and Vietnam within four
MOODY'S RATINGS DOWNGRADE UNJUSTIFIED, CIGNA CHIEF INSISTS
Margo D. Beller |
The chief executive of Cigna Corp. blasted Moody's Investors Service for downgrading its property/ca
INSURANCE BRIEFS
From Wire and Staff Reports |
GEPHARDT BILL INCLUDES MCCARRAN AMENDMENTWASHINGTON - House Majority Leader Richard
INDUSTRIAL OUTPUT RISES IN ITALY
Knight-Ridder Financial |
Italian June industrial production rose a seasonally adjusted 1 percent from May and climbed an unad
SUGAR COALITION SUES US OVER DUMPING CHARGES
Sacramento Bee |
The U.S. government is dumping sugar at a bargain price and depressing a market that already is too
KANSAI AIRPORT AGREES TO REDUCE LANDING FEES IN LINE WITH NARITA'S
Mark Magnier |
Following two days of meetings with the International Air Transport Association, Kansai Internationa
MARITIME BRIEFS
Wire and Staff Reports |
LA AGENCY SET TO VOTE ON STRICT POLLUTION RULESThe South Coast Air Quality Management Distri
Maritime
FREIGHTLINER LEADS HEAVY-TRUCK MAKERS IN DRIVE TOWARD POSSIBLE SALES RECORD
Michael S. Lelyveld |
Freightliner Corp. retained its lead among heavy-truck makers in July as industry salescontinued to
P&O CONTAINERS SHIFTS TO TRUCKS AS RAIL STRIKE BEGINS IN UK
Journal of Commerce Staff |
P&O Containers, a major user of rail freight services in Britain, will be moving containers to and f
ECONOMIC OFFICIAL SAYS DEAL TO FUND GATT "VERY CLOSE'
John Maggs |
Robert Rubin, chairman of President Clinton's National Economic Council, said Thursday that a deal o
CLINTON TO INTRODUCE SHIP SAFETY PROPOSALS GOAL IS TO LOWER US INDUSTRY COSTS
William L. Roberts |
The Clinton administration will introduce legislation in the House and Senate today to streamline Co
COST OF CREDIT
JOC Staff |
Thursday, Aug. 11, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
DOLLAR DIVES AS ITALY, SWEDEN RAISE INTEREST RATES
Regina Schleiger |
The U.S. dollar fell sharply Thursday as European currencies rose on the view that the decision by t
PUERTO RICAN LOAN FUND GAINS IMPORTANCE AS MONEY SOURCE
Charles W. Thurston |
A private-sector loan fund administered by Puerto Rico has grown significantly in importance as a so
Maritime
CHINA'S IMPORT CUTS SKEW COPPER PRICES
Knight-Ridder Financial |
Uncertainty over how much copper China will import this year to meet strong industrial growth projec
TRADE BRIEFS
From Wire and Staff Reports |
ANHEUSER-BUSCH TO BOOST CENTRAL AMERICA EFFORTSST. LOUIS - Anheuser-Busch International has
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
FRENZY OF FAST-FOOD FRANCHISES SPURS "GO WEST' MOVEMENT IN BRAZIL
James Bruce |
Brazil's waves of expansive development have been led in turn by gold and diamond miners, sugar and
Maritime
EUREKA! INSPECTORS AT GOLD MINE DISCOVER ENVIRONMENTAL DANGERS
Reuters |
Cambior Inc.'s Valdez Creek Gold Mine has been cited for 12 state environmental violations and order
Maritime
SWEDEN'S OUTPUT DOWN IN MAY
Knight-Ridder Financial |
Sweden's industrial production fell 0.7 percent in May compared with April in seasonally adjusted fi
Maritime
SHIPPERS BRACE FOR STRIKE AT MARSEILLES
Tara Patel |
Shipowners and shippers at this French port on the Mediterranean are preparing for the probable esca
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday Aug. 11, 1994 Prevailing sellers' posted prices at the close of business, represent
AGING FLEET, LACK OF INSURANCE HURT NIGERIAN NATIONAL LINE
Special to The Journal of Commerce |
Shipping and insurance agents say Nigeria has not been able to insure its vessels, thereby depriving
Maritime
CUSTOMS POST IN NEW JERSEY CUTS DELAYS, BROKERS SAY
Alan Abrams |
One month after complaining sharply of delays at a New Jersey Customs inspection station, customs br
Maritime
CORRECTION
JOC Staff |
A transport brief appearing on Page 3B Thursday misidentified the Chilean airline with which United
DENVER'S BACKUP BAGGAGE SYSTEM WILL BE USED BY UNITED ONLY
Associated Press |
The backup baggage system that will be used at Denver International Airport while work continues on
EXPORT OUTLOOK DARKENS FOR RUSSIAN COAL
John Zarocostas |
Plagued by higher freight costs and massive restructuring problems, Russian coal exports are project
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