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ENERGY BRIEFS
Wire and Staff Reports |
PETROLEOS DE VENEZUELA PREDICTS JUMP IN PROFITLONDON - Petroleos de Venezuela SA, th
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
MEXICO'S BANKING SECTOR MAY GET UNIVERSAL FLAVOR
Gordon Platt |
Mexico's plan to open its market to foreign bank subsidiaries, as agreed under the North American Fr
ZEIGLER PLANS PUBLIC OFFERING, SEEKS TO RAISE $180 MILLION
Robert Steyer |
Zeigler Coal Holding Co. said it wants to become a public company and raise as much as $180 million.
DISPUTE-RESOLUTION PROBLEM STILL UNSOLVED
Kevin G. Hall |
Despite a North American Free Trade Agreement that creates closer trade ties, dispute resolution rem
DO US AIRLINES REALLY CARE ABOUT CARGO?
William Armbruster |
Ask an official at United or Northwest when either carrier is likely to name a new vice president of
IATA PANEL ADVANCES MEASURES TO IMPROVE INDUSTRY'S BOTTOM LINE
William Armbruster |
The cargo committee of the International Air Transport Association is planning several initiatives t
"K' LINE MERGES EUROPEAN AGENCIES WITH LINER SHIPPING OPERATIONS
Journal of Commerce Staff |
Japan's Kawasaki Kisen Kaisha is integrating its European agency network into its liner shipping act
Maritime
VAN LINE HIRES IN GRENADA, ANGERS US OWNER-DRIVERS
Rip Watson |
North American Van Lines has reached offshore to meet its peak-season need for drivers,drawing the i
GROUP OF 7 MAY OFFER AID FOR UKRAINE NUCLEAR PLANTS
Knight-Ridder Financial |
The Group of 7 industrialized nations are considering proposing more than $1.5 billion in aid for Uk
SPOT PRODUCT PRICES
JOC Staff |
June 24, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
TRADE BRIEFS
From Wire and Staff Reports |
HUNGARIAN PARTIES AGREE TO COALITION GOVERNMENTBUDAPEST, Hungary - Hungary's Socialists and
Maritime
SOME CAPITAL SEEN MOVING TO MEXICO
Milan Ruzicka |
Early figures indicate U.S. labor fears that Nafta will precipitate the stampede of direct U.S. inve
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
RHONE-POULENC, WUXI OK CHEMICAL DEALNANJING, China - Officials here said Friday the
SUGAR FUTURES POISED FOR FURTHER GAINS, UK TRADER SAYS
David Townsend |
The sugar futures market is set for additional gains over the next two months linked to increased of
USDA SEES LOWER GRAIN PRODUCTION BUT NO CRISIS IN RUSSIA, UKRAINE
Doug Palmer |
Russia and Ukraine are expected to produce less grain this year, but no production crisis should occ
US TRUCKERS SEE ACCESS TO MEXICO LAG
Kevin G. Hall |
Despite the North American Free Trade Agreement taking effect on Jan. 1, a transport harmonization s
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
SPOT COMMODITIES
JOC Staff |
June 24, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
KEY INDIAN STEEL FIRM RAISING OUTPUT TO STEM INUNDATION OF CHEAP IMPORTS
N. Vasuki Rao |
The country's largest private steelmaker is stepping up production significantly to ward off a flood
Maritime
WAL-MART FALLS VICTIM TO MEXICAN RULE CHANGE
Kevin G. Hall |
Mexico's decision last week to temporarily close the mammoth Wal-Mart Supercenter in Mexico City und
Maritime
AFTER TWO BAD YEARS, IATA STAYS UPBEAT
Jane Levere |
Despite near-record losses of $4.1 billion in 1993 (topped only by 1992 red ink of $4.8 billion), IA
UK OWNER SEES BENEFITS TO ALASKAN OIL ON US SHIPS
Janet Porter |
A prominent tanker owner predicted Friday that foreign shipowners could benefit if the United States
Maritime
INSURANCE EARNINGS
From Wire and Staff Reports |
LLOYD'S BROKER WINDSOR POSTS HALF-YEAR PROFITLONDON - Lloyd's of London broker Winds
LONDON INSURERS WANT US TO COUNT REINSURANCE IN TRUST FUND PLANS
HELEN MacLEOD |
A group of insurers and reinsurers here want insurance commissioners in the United States to alter a
UTAH GOING AFTER FIRMS WITHOUT WORKERS COMP
Steve Oberbeck |
It is getting tougher all the time for Utah businesses to avoid buying the insurance that pays worke
CONTINENTAL EXPANDS CUSTOMER SERVICES
Journal of Commerce Staff |
Continental Insurance expanded its "Quality in Claims" program to include commercial lines and third
BURLINGTON AIR PLANS TO ADD FIVE PLANES TO ITS FLEET
William Armbruster |
Burlington Air Express announced Friday that it plans to increase its fleet by five aircraft, raisin
Transport, Trade and Regulation News
DANA CORP. GIVES TRUCK PLANT IN CALIFORNIA A TRIAL RUN
Graeme Zielinski |
A new truck parts plant will soon rumble into gear in Stockton, speeding up job creation there.<
Transport, Trade and Regulation News
US DOLLAR HEADED FOR NEW DEPTHS DESPITE INTERVENTION, ANALYSTS SAY
Gordon Platt |
The currency crisis will worsen this week with the dollar hitting new record lows and further confro
US INVESTOR'S HOPE FOR BELARUS: ECONOMIC UNION WITH RUSSIA
Geoff Winestock |
California computer company Summit Systems, one of the largest foreign investors in the former Sovie
Maritime
HYDROELECTRIC POWER PLANTS GET BOOST FROM SNOW MELT
John Boyd |
The six big hydroelectric power plants at Missouri River dams in the upperplains logged thei
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 24, 1994 Quotations are based on prices reported in the market or obtained from s
COMMERCE SUGGESTS UKRAINE'S AGRICULTURE IS GOOD INVESTMENT
Milan Ruzicka |
With tens of millions of acres of some of the richest soil on earth, Ukraine agriculture and food pr
Maritime
CHINA'S LABOR EXPORTS GROW, CHANGE EMPHASIS
P.T. Bangsberg |
Chinese labor exports are hardly new, but the characteristics are changing and the rewards are incre
Maritime
US BANKS CLOSE IN HAITI
Associated Press |
The two U.S. banks here closed their doors Thursday, a day after the Clinton administration tightene
Maritime
ACLU LAWSUIT HALTS REPATRIATION OF 31 STOWAWAYS
Michael S. Lelyveld |
A federal judge blocked the repatriation of seven Romanian stowaways Friday as the cases of 31 detai
Maritime
RESERVE BANK OF INDIA HOPES TO IMPOSE FINES SOON
Jeremy Clift |
The Reserve Bank of India (RBI) soon will take action to penalize banks involved in a 1992 securitie
ADVISORY PANEL SUGGESTS REFORMS FOR JAPAN INSURANCE
Fumiko Fujisaki |
An advisory panel set up by Japan's Ministry of Finance unveiled a report last week recommending a m
REVIEWS MIXED FOR KANSAS CITY PERFORMANCE
John Boyd |
When Charles Dickens wrote about a period that was simultaneously the best of times and worst of tim
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