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US CONSIDERS NEW TALKS ON SETTING G-7 STANDARDS
John Maggs |
The Clinton administration is considering new negotiations on harmonizing standards and freeing inve
TRANSPORT BRIEFS
Wire and Staff Reports |
UTU ASKS CN TO FORM SUBSIDIARY TO KEEP LINESTORONTO - A major union is asking CN Nor
NYMEX VENTURE POISED TO PLUG IN ELECTRONIC GAS-TRADING SYSTEM STRONG COMPETITION HEATS UP INTEREST
Arthur Gottschalk |
The New York Mercantile Exchange, well-known for its role in the trading of natural gas and other en
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
FREIGHT RATE FUTURES
JOC Staff |
June 30, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
ACE PLANS TO WRITE PROPERTY COVERAGEHAMILTON, Bermuda - Liability insurer ACE Ltd. s
INVESTMENT GROUP AGREES TO BUY MAINE RAILROAD
Michael S. Lelyveld |
A Washington investment group has signed a letter of intent to buy the Bangor & Aroostook Railroad C
FERC HAS PLAN FOR UTILITIES TO RECOVER INVESTMENT
Knight-Ridder Financial |
The Federal Energy Regulatory Commission said it proposed a plan for electric utilities to recover i
TEXAS PANEL DELAYS DECISION ON CLEAN FUEL
Knight-Ridder Financial |
The Texas Natural Resource Conservation Commission has delayed until Wednesday a decision on whether
EPA TO PHASE IN REQUIREMENT ON USE OF ETHANOL IN GASOLINE
Reuters |
The Environmental Protection Agency said Thursday it will require that at least 30 percent of the ox
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 229.38 off 1.02
BALTIC FREIGHT INDEX
JOC Staff |
1334 (June 30, 1994) Previous day - 1327 The Baltic International Freight Futures Market in
Maritime
MARITIME CALENDAR
JOC Staff |
"Ship, Sea and Sky: The Marine Art of James Edward Buttersworth." Through Sept. 5. New York. Exhibit
Maritime
DANISH GDP UP 5.2 PERCENT OVER 1ST-QUARTER 1993
Knight-Ridder Financial |
Denmark's gross domestic product rose 5.2 percent in the first quarter of 1994 compared with the fir
BANKRUPT TRUCKER TOLD TO STOP FEE COLLECTION
Journal of Commerce Staff |
Responding to shipper complaints, the Interstate Commerce Commission has notified a bankrupt carrier
COURT RULES INS CAN'T MAKE LINES PAY FOR STOWAWAYS
Michael S. Lelyveld |
In a victory for carriers, a federal appeals court ruled Tuesday that the U.S. Immigration and Natur
3RD WALKOUT BY SIGNAL WORKERS HALTS BRITISH RAIL SYSTEM
Reuters |
Britain's rail system was at a virtual standstill Wednesday as signal workers staged their third str
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 29, 1994Brent Crude Oil - (Dollars Per Barrel)
CHINESE IN TALKS ON IRAQI CRUDE
Reuters |
China has expressed great interest in developing Iraq's crude oil and has begun talks with the Iraqi
DOLLAR FALLS TO A NEW LOW AGAINST YEN NO END SEEN
Michael Duvally |
The dollar fell to a fresh low of 98.55 against the Japanese yen Wednesday. The major centra
CRISIS IN VENEZUELAN BANKS SPARKS CAUTIONS TO EXPORTERS
Gordon Platt |
The American Embassy in Caracas said the banking crisis in Venezuela is causing havoc and that U.S.
SPOT PRODUCT PRICES
JOC Staff |
June 29, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
API WEEKLY REPORT CRUDE OIL STOCKS ROSE LAST WEEK
Journal of Commerce Staff |
U.S. inventories of crude oil rose 3.1 million barrels during the week ended June 24, compared with
CANADIAN BUSINESS COOL TO INTERNAL TRADE DEAL
Leo Ryan |
Canadian business leaders showed less enthusiasm than politicians did over a long-sought agreement o
Maritime
CHINA'S GOLD POLICY SPURS BLACK MARKET, OFFICIAL SAYS
Hope Ngo |
Tight Chinese government control over gold distribution is driving producers to sell directly to pri
TRADE BRIEFS
From Wire and Staff Reports |
GERMANY SETS PRIORITIES FOR ITS EU PRESIDENCYBONN, Germany - Economics Minister Guenter Rexr
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
HOUSE PANEL REJECTS BID TO OVERTURN CHINA MFNWASHINGTON - The House Ways and Means C
Maritime
JAPAN'S INDUSTRIAL OUTPUT INDEX FALLS
Knight-Ridder Financial |
Japan's seasonally adjusted industrial and mining production index was 90.2 (1990=100) in May, down
TRADERS: CHINA SUPPLANTS INDIA AS KEY TO '94 SUGAR MARKET
Barry Hingz |
The global sugar market is now looking to rising demand in China and, to a lesser extent, higher sup
KANSAS INQUIRY CONTINUES IN CASE OF EX-OFFICIAL'S WORKERS COMP
Matt Truell |
A legal inquisition into the workers compensation case of former Insurance Commissioner Fletcher Bel
FRENCH INSURERS SENSE PROFIT IN EU MARKET
Tara Patel |
French insurers stand to benefit from the opening of Europe's common insurance market on Friday, acc
HYUNDAI MERCHANT MARINE'S IMAGE FAILS TO REFLECT GROWTH, OFFICIALS SAY
Journal of Commerce Staff |
Officials of South Korea's Hyundai Merchant Marine say that even though the company has grown into a
Maritime
DISTRESS CALL: NY PROPOSAL ENCOURAGES SHIP RESCUES
Alice Cantwell |
A "good Samaritan" proposal in the New York state Senate and Assembly would protect vessels that ass
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday June 29, 1994 Prevailing sellers' posted prices at the close of business, represen
GROUP WEIGHS CHALLENGE TO NEW OMNIPORT LEASE
Debra Beachy |
A group of shipping companies at the Port of Houston is considering whether to challenge the new lea
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
PHILIPPINES TO OPEN FERRY, CARGO INDUSTRIESMANILA, Philippines - President Fidel Ram
Maritime
GLOBAL AIRLINES, KANSAI OFFICIALS TO DISCUSS FEES
Reuters |
Complaints about excessive landing charges at Japan's newest airport will top the agenda today and F
E. EUROPE IS AWASH IN LEVI KNOCK-OFFS FAKE-JEANS BOOM WEARING OUT INVESTIGATORS
Michele Kayal |
They're everywhere in this ancient and beautiful city: blue jeans with the squashed "V" on the pocke
UNOCAL CONSIDERS SALE OF CALIFORNIA PROPERTIES
Andrea Orr |
Unocal Corp., which started out more than a century ago in California, said it would start talks wit
AETNA CHIEF FINANCIAL OFFICER TO LEAVE COMPANY IN THE FALL
Reuters |
Aetna Life & Casualty's chief financial officer, credited with playing a significant role in restruc
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