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WORLD CUP FAILS TO SCORE WITH ASIAN MERCHANDISERS
P.T. Bangsberg |
For many Americans, the 1994 World Cup soccer games came to life with the surprise U.S. victory over
LIBERTY CORP. TO BUY NC'S INTEGON LIFE CORP.
Paul Tosto |
Greenville-based Liberty Corp. said Tuesday it had signed a tentative agreement to buy Integon Life
$50 MILLION US FUND ANNOUNCED FOR BALTICS
Reuters |
President Clinton said Wednesday a new $50 million fund would be set up to promote private-sector in
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
TRANSPORT CALENDAR
JOC Staff |
Transport of Hazardous Materials - Basic Course. July 18-22. Sponsored by Hazardous Materials Adviso
LAREDO AIRPORT WINS GRANT OF $4.1 MILLION FOR EXPANSION
Kevin G. Hall |
Laredo International Airport, one of the fastest-growing airfields along the2,000-mileU.S.-M
TIGHT SUPPLIES, ROUUGH WEATHER LIKELY TO KEEP BUNKER PRICES FIRM, TRADERS SAY
Knight-Ridder Financial |
Bunker fuel oil prices are expected to remain firm this week because of tight supplies at some ports
ENERGY BRIEFS
From Wire and Staff Reports |
UK GETS GO-AHEAD TO PRIVATIZE COAL FIRMLONDON - U.K. legislation allowing the govern
W. COAST SPOT OIL PRICES FIRM DUE TO TIGHT JET FUEL MARKET
Knight-Ridder Financial |
Spot oil product prices on the West Coast firmed Wednesday with sellers said to be hanging back in a
FREIGHT RATE FUTURES
JOC Staff |
July 6, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CHINA LAW BANS CHILD LABOR, BIAS ADDRESSES HOURS, MINIMUM WAGE
Reuters |
China outlawed labor by children under 16, set an eight-hour workday and promised a minimum wage in
Maritime
LOSSES PUSH DOWN RATING OF HARTFORD STEAM BOILER
From Wire and Staff Reports |
A.M. Best Co. lowered Hartford Steam Boiler Inspection and Insurance Co.'s ''A++" rating in 1994 due
INSURANCE BRIEFS
Wire and Staff Reports |
NEW YORK APPROVES INSURANCE RATE HIKESThe state Insurance Department has approved rate hikes
COST OF CREDIT
JOC Staff |
Wednesday, July 6, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
GERMANY URGED TO CURB SPENDING
Knight-Ridder Financial |
The German public-sector deficit should be reduced primarily through smaller increases in spending a
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +13.096/29 102.26/30 102.37/1
INT'L RESERVES GROW IN CANADA
Knight-Ridder Financial |
Canada's international reserves grew to US$11.893 billion in June, up $682 million from $11.211 bill
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
TRANSPORT BRIEFS
From Wire and Staff Reports |
TWA RESHUFFLES MANAGEMENT TEAMST. LOUIS - Trans World Airlines Inc. has furthered it
SAS ORDER MAY BE KEY TO FOKKER'S FUTURE
Bruce Barnard |
Fokker, the Dutch aircraft manufacturer, is engaged in fierce competition with McDonnell Douglas for
TRUCK-DEREGULATION PROPOSAL DRAWS FIRE FROM MANY GROUPS LEGISLATION SAID TO FAVOR LARGE COMPANIES
Rip Watson |
Legislation to deregulate most, if not all, of intrastate trucking is drawing flak from many state a
RESTORATION FUNDS DRY UP FOR WAR-WEARY BATTLESHIP
Kendall Anderson |
A lack of state and private funding has halted restoration of the Battleship Texas, putting at risk
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 6, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
OIL-SPILL COVERAGE EXPENSIVE AND SCARCE TWO POTENTIAL PROVIDERS STILL LACK REINSURANCE
Alan Abrams |
With only six months remaining before oil tankers are required to have certificates of financial res
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
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - July 5, 1994 Prev. Life of Contr. OpenOpen High Low
AEI LANDS CONTRACTS FOR GM PARTS SHIPMENTS
William Armbruster |
Air Express International said it has won contracts from General Motors Corp. to handleall of the au
AGREEMENT BETWEEN LYKES, 4 UNIONS BRINGS PAY RAISES, HALTS CONTRACTING
Tim Shorrock |
New labor contracts between Lykes Bros. Steamship Co. and four maritime unions will raise seafarers'
Maritime
SANTA FE MERGER EXPECTED TO BOOST BN'S ACCESS TO MEXICAN MARKET GRAIN TRAFFIC LIKELY TO SOAR
Kevin G. Hall |
Burlington Northern Railroad's proposed merger with Atchison, Topeka & Santa Fe Railway Co. should b
ENERGY BRIEFS
From Wire and Staff Reports |
US COAL PRODUCTION INCREASES BY 2 PERCENTCHARLESTON, W.Va. - Domestic coal productio
LONDON METAL PRICES CLIMB ON REPORTS OF DECLINING SUPPLIES
James Regan |
Copper and aluminum prices moved higher here on Tuesday helped by news of a decline in London Metal
SPOT COMMODITIES
JOC Staff |
July 5, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
BALTIC FREIGHT INDEX
JOC Staff |
1352 (July 5, 1994) Previous day - 1350 The Baltic International Freight Futures Market in L
Maritime
FREIGHT RATE FUTURES
JOC Staff |
July 5, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
NAVY'S NUCLEAR CARRIERS UNDER ATTACK BY STUDIES
Christopher Drew |
As the Navy slashes its budget from Cold War levels, one symbol of its high- seas dominance remains
Maritime
BUSINESSMEN READY FOR FIGHT OVER TAXES IN PAKISTAN
N. Vasuki Rao |
Pakistan's trade and business communities are readying themselves for a protracted battle with the g
BEIJING, PARIS INK $1 BILLION IN TRADE DEALS
Associated Press |
France and China have signed some $1 billion worth of trade deals during the visit to Beijing of Ger
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
UK POSTS 5.88 PERCENT RISE IN HOUSING STARTS
Knight-Ridder Financial |
Seasonally adjusted U.K. housing starts rose a provisional 5.88 percent to 50,400 in the three-month
ON LINE FROM TEL AVIV: MIDEAST BUSINESS LEADS
Dov Hoch |
As the idea of peace and opening borders begins to take hold in the Middle East, entrepreneurs and b
Maritime
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