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DOLLAR GAINS AS OUTPUT RISES, WHITEWATER FEARS ABATE
Alan Zimmerman |
The U.S. dollar rose Tuesday as fears about the Whitewater scandal receded and as the nation's indus
CHINA UNVEILS GATT CONCESSIONS BUT STILL MEETS RESISTANCE FROM US
John Zarocostas |
In a calculated move to try to secure full entry to the new World Trade Organization (WTO) by the en
Maritime
FOREIGN COMPANIES ARE BALKING AT 50 PERCENT INCREASES IN CHINESE FEES
Uli Schmetzer |
Many foreign companies in China, tired of being victimized by a two-tier currency system, are refusi
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
TIG EXPECTS TO PAY $33 MILLION IN QUAKETIG Holdings said that after collecting on its reinsu
SPOT COMMODITIES
JOC Staff |
Mar. 15, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
CURRENT INTERMODAL USERS KEY TO GROWTH, INDEX SAYS
Rip Watson |
A survey of 500 shippers indicates that any growth for intermodal carriers will have to come from wi
INDONESIA GAS FIRM TO RECEIVE LOAN
Journal of Commerce Staff |
Indonesian gas company Perum Gas Negara signed a memorandum of understanding for a $424 million loan
COST OF CREDIT
JOC Staff |
Tuesday, March 15, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
ENERGY BRIEFS
Wire and Staff Reports |
BOMB BLAST ROCKS HYDRO-QUEBEC TOWERMONTREAL - A bomb exploded at the base of a Hydro
TECHNOLOGY FUNDING FIGHT ENDS IN COMPROMISE
John Maggs |
A partisan Senate fight over high-technology funding ended Tuesday when Republicans halted their fil
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
WORLD BANK OKS THAI REFINERY LOAN
Knight-Ridder Financial |
A World Bank unit said it approved an additional $100 million loan for Star Petroleum Refining Co. t
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Mar. 15, 1994Brent Crude Oil - (Dollars Per Barrel)
SMALL OIL PRODUCERS FIND PROFITS ELUSIVE
Gregg Jones |
Motorists may be whistling a happy tune when they fill their tanks these days. But domestic oil prod
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Mar. 15, 1994 Prevailing sellers' posted prices at the close of business, representi
GE CAPITAL OFFERS $2.35 BILLION FOR KEMPER
Mike Clancy |
Analysts are comparing General Electric Capital Corp.'s potential takeover of Kemper Corp. with Prim
SURVEY: DECREASE IN COVERED LOSSES CUSHIONED INSURERS IN '93 DISASTERS
Margo D. Beller |
A survey of 1993's 600 disasters conducted by Munich Re Corp. found the insurance industry ending th
NAVY SECRETARY PRESSING CONGRESS TO FUND CARRIER TO BE BUILT IN VA.
WILLIAM H. McMICHAEL |
The Navy's top civilian said that although he wants to make significant cuts in the Navy's current f
Maritime
STEVEDORE FILES FMC COMPLAINT
Journal of Commerce Staff |
MariTrend Inc., a Houston-based stevedoring company, has filed a Federal Maritime Commission complai
Maritime
EU SEEN APPROVING STRICTER SHIP RULES
Janet Porter |
The European Union's executive body is expected to approve today proposals for stricter controls of
Maritime
NY-NJ PORT POSTS INCREASE IN WATERBORNE CARGO FOR '93
Alice Cantwell |
The Port of New York and New Jersey saw waterborne cargo increase 1.3 percent in 1993 from 1992 leve
Maritime
AEROMEXICO PILOTS CALL FOR STRIKE
Journal of Commerce Staff |
Aerovias de Mexico said its pilots union has called for a strike, effective March 25 at 12:01 a.m. T
INDUSTRIAL PRICE INDEX HITS PEAK
Journal of Commerce Staff |
The Journal of Commerce Industrial Price Index rose Tuesday to 97.3, its peak since April 19, 1993,
TUNNEL'S DELAY COSTLY, FRENCH, UK RAILS SAY
Tara Patel |
Delays and uncertainty about when the Channel Tunnel will be open to freight traffic has led a numbe
SOUTHERN PACIFIC SETTLES 1991 CHEMICAL SPILL SUIT
Brian Johns |
Southern Pacific Lines will pay the lion's share of a $40 million legal settlement announced this we
US-RUSSIAN URANIUM DEAL MAY FACE NAFTA CHALLENGE
Richard Lawrence |
A government agreement allowing Russia to increase its U.S. uranium sales may come under challenge.<
POLLUTION CREDIT AUCTION IN LA POSTPONED AGAIN
Knight-Ridder Financial |
Sponsors of a planned electronic auction of air pollution credits issued under the South Coast Air Q
SOFTWARE GROUP WANTS NEW ENCRYPTION RULES
John Davies |
Up to $9 billion in U.S. software export sales could be lost unless there are changes in Cold War re
Maritime
CHINA EXPECTED TO GIVE RIGHTS TO BP GROUP
Tan Ee Lyn |
China will likely award oil survey rights to another block in the potentially rich Tarim Basin to a
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
UTILITIES TRADE NITROGEN OXIDE EMISSIONS CREDITS
Knight-Ridder Financial |
New Jersey's Public Service Electric and Gas Co. Tuesday said it sold Northeast Utilities of Connect
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
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 15, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
SPOT PRODUCT PRICES
JOC Staff |
Mar. 15, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
EVIDENCE LACKING TO CLOSE REACTOR IN PA., NRC FINDS
Andrew Maykuth |
Nuclear Regulatory Commission staff members said that alleged design flaws at the Susquehanna Steam
WESTINGHOUSE MAY SETTLE SUIT FILED BY DUKE POWER OVER DEFECTIVE PARTS
Knight-Ridder Newspapers |
On the eve of the trial, Duke Power Co. appears close to settling a 4-year- old legal fight with the
WORLD BEEF EXPORTS LIKELY TO FALL IN '94, REPORT SAYS
John Zarocostas |
Global beef exports are projected to fall in 1994 by 4.5 percent, to 4.27 million tons, a report rel
REFORMS SHAKE UP INDIA METAL TRADE
Dev Varam |
Economic reforms have opened up India's metals trade but the new price competition has injected unce
CONSOLIDATORS SLAM FMC PLAN TO LIMIT CARGO POOLING
Tim Sansbury |
The nation's freight consolidators told the Federal Maritime Commission that its proposal to curb th
Maritime
CUSTOMS ASKS BROKERS, FORWARDERS TO HELP FINE-TUNE OVERHAUL
Bill Mongelluzzo |
The Customs Service may have gotten the landmark Customs Modernization Act passed last year over the
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