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PESO EXCHANGE RATE UNIFIED IN BID TO BOOST COLOMBIA EXPORTS
Associated Press |
The government of Colombia has unified the exchange rate of the Colombian peso in an effort to stimu
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
CHINA THREATENS TO VOID HONG KONG AIRPORT DEALSBEIJING - China strongly protested Tu
WESTMORELAND TO EXIT ELECTRIC BUSINESS
Phillip Fine |
The balance sheet blues have apparently forced a Philadelphia coal company out of the electric power
WORLD OIL RESERVES COULD LAST FOR 75 YEARS, UN REPORT SAYS
Anthony Goodman |
The world's remaining oil will last 75 years, a United Nations report estimated. But the rep
PRICES MAY PLUMMET WITHOUT OPEC CUTS
Karen Matusic |
World oil prices could fall to $10 a barrel if OPEC fails to cut production soon, European oil trade
GASOLINE PRICES
JOC Staff |
Jan. 25, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
SPOT PRODUCT PRICES
JOC Staff |
Jan. 25, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
INDIA GAINS 8 PERCENT GROWTH IN TEXTILE EXPORTS TO US
N. Vasuki Rao |
Protracted talks have resulted in an 8 percent average growth in textile exports to the United State
Maritime
RAIL, COAL INTERESTS APPLAUD ILL. RULING
John Boyd |
Western rail and coal interests were feeling their Btus as the year began in the wake of a federal j
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Jan. 25, 1994 Prevailing sellers' posted prices at the close of business, representi
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
MERCK PROFIT INCREASED BY 11 PERCENT IN 4TH QUARTERWHITEHOUSE STATION, N.J. - Pharma
US SEEKS TO EASE IMPACT OF NAFTA ON THE CARIBBEAN
Canute James |
Caribbean countries worried about the impact of the North American Free Trade Agreement on their mar
DROP IN MEMBERS HASN'T HURT CAPACITY, UK UNDERWRITERS SAY
Janet Porter |
The sharp decline in the number of companies writing marine and aviation insurance in London has not
APL, SEATTLE PORT AGREE TO TERMS ON USE, EXPANSION OF TERMINAL
John Davies |
Negotiators for American President Lines and the Port of Seattle have come to terms on a lease that
Maritime
BA AND USAIR WILL LAUNCH JOINT CARGO SERVICE NEXT WEEK
William Armbruster |
USAir and British Airways next week will launch their first joint cargo product since the two carrie
RAILS, STATES WEIGH OREGON TAX DECISION
Lawrence H Kaufman |
Railroads, equipment lessors and state tax authorities are reviewing the Supreme Court decision upho
LORENZO GAINS NEW PARTNERS IN BID TO LAUNCH AIRLINE
William Armbruster |
Frank Lorenzo, the controversial former airline executive whose effort to re- enter the industry has
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
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 25, 1994Brent Crude Oil - (Dollars Per Barrel)
ENERGY BRIEFS
Wire and Staff Reports |
PIPELINE CLOSES BRIEFLY AFTER ALASKA OIL SPILLANCHORAGE - A spill of about one barre
BROKING, DIRECT SELLING DON'T MIX, EXECUTIVE SAYS
Janet Aschkenasy |
Even if he does chair the fourth-biggest U.S. reinsurance brokerage, E.W. Blanch Jr. said he's got n
CANADA'S INCO DIGGING DEEP FOR KEY TO FUTURE GROWTH
Tanya Willmer |
Nickel giant Inco Ltd. is on the verge of a major exploration program in a rich nickel, copper and p
BALANCE OF COAL PRODUCTION MAY SHIFT WEST
Erich E. Toll |
Tipped by increasingly tough pollution regulations, the balance of U.S. coal production is likely to
VIETNAM, THAILAND PLAN TO CURB COFFEE EXPORTS
Knight-Ridder Financial |
Vietnam and Thailand have indicated to Indonesian officials that they intend to withhold some coffee
EUROPE-ASIA TRADES MAY SUFFER AS NEW SHIPS ENTER THE SCENE
Janet Porter |
The large number of new containerships scheduled for delivery next year could sap the relative stren
Maritime
FIAT EXPANDS BOXPORT OPERATIONS, AGREES TO RUN FACILITY NEAR ROME
P.K. Semler |
Expanding its operations in Italy's maritime sector, Fiat's shipping arm Sinport SRL said it will op
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
CHEVRON SHIPPING CO. CHANGING LEADERSHIPSAN FRANCISCO - Thomas R. Moore, 48, will re
Maritime
NATURE, MAN CONVERGE TO KEEP PORTS AND OIL RUNNING IN ICY NEW ENGLAND
Michael S. Lelyveld |
New England's key ports and oil terminals have remained accessible despite arctic temperatures and i
Maritime
EU FACES SHOWDOWN OVER ANTITRUST RULES
Bruce Barnard |
The European Union Commission risks a serious confrontation today with Germany, France and Italy as
Maritime
INDIA MAY ESTABLISH FREIGHT HUB NEAR NEW DELHI TO SPEED TRAFFIC
Special to The Journal of Commerce |
The Indian agency that manages the country's international airports is considering a satellite freig
GROUP SAYS SANCTIONS AGAINST JAPAN SHOULD BE US WEAPON OF LAST RESORT
Mark Magnier |
Trade sanctions should only be used as a last resort in the bid to open Japan's markets, said the he
Maritime
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
CLINTON TO ASK CONGRESS FOR QUAKE RELIEF FUNDS
Journal of Commerce Staff |
President Clinton and congressional leaders signaled Tuesday that they plan to speed federal funds t
US NOT READY TO RESUME PATENT TALKS, BROWN SAYS
Gregory Wright |
The Clinton administration is not ready to resume talks aimed at harmonizing world patent laws, Comm
Maritime
WUHAN AIRLINES BEGINS BEIJING SERVICE
JOC Staff |
Wuhan Airlines in central Hubei province has begun daily service to Beijing. The carrier lea
DIESEL FUEL PRICE RANGES
Comdata Corp., Brentwood, Tenn.; Journal of Commerce |
The range of bulk prices per gallon for self-service diesel fuel found nationwide by states as colle
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 25, 1994 Prev. Life of Contr. OpenOpen High Low
ABB AGREES TO GATHER GAS FOR SHELL VENTURE IN NIGERIA
Knight-Ridder Financial |
Shell Petroleum Development Co., operator of a multinational venture, has signed a $500 million acco
AMOCO REFINERY STRUGGLES TO RECOVER FROM FIRES
Susan Brown |
The Amoco Oil Co. refinery here is taking steps to manage its supplies and satisfy customers in the
CANADIAN INDUSTRY STABILIZES, BUT EXPORT TROUBLES LOOM
Leo Ryan |
The Canadian coal industry, concentrated mainly in British Columbia and Alberta, has entered 1994 in
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