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FRENCH UNION CALLS FOR 1-DAY STRIKE
Tara Patel |
Just two weeks into the new year, the French dockworkers union has initiated the first labor conflic
Maritime
PHILIPPINE MINE TO BE SHUT UNTIL AT LEAST FEBRUARY
Knight-Ridder Financial |
The force majeure declared at the Cebu copper deposit in the Philippines will remain in effect until
PLAN FOR SALE OF CV RAIL DRAWS IRE OF UNIONS
Rip Watson |
CN North America's effort to sell its Central Vermont Railway in New England has run into a firestor
BRAZIL INFLATION UP TO 39.50 PERCENT
Reuters |
Brazil's inflation was 39.50 percent in the period between Dec. 7 and Jan. 8, up from 38.52 percent
FUNDS POISED TO PUMP CAPITAL TO LATIN NATIONS
Caroline Allen |
Latin America will see an injection of foreign capital in 1994 as investors lighten up on overvalued
FRANCE, CHINA CALL TRUCE IN TRADE RELATIONS BATTLE
Tara Patel |
Shattered trade relations between France and China appear to be on the mend with the announcement We
Maritime
IMF WORKS TO CONTROL DAMAGE OF FRANC DEVALUATION IN W. AFRICA
From Wire Reports |
West Africans expressed anger and alarm Wednesday at being let down by France over the devaluation o
Maritime
BARGE OUTLOOK BRIGHT FOR GRAIN, MIXED FOR COAL
Rip Watson |
Intermodal shipments via barge have been on a roller coaster in recent years due to weather, federal
Maritime
CHINA SLAMS HONG KONG OVER FINANCING OF AIRPORT
Reuters |
China has attacked the Hong Kong government for unilaterally seeking funds to finance the colony's n
REINSURERS CALLED ON TO TRIM PRICES
_ Margo D. Beller Journal of Commerce Staff |
Property/casualty insurers called on reinsurers to bring down the price of their catastrophe coverag
IMF EXPERTS IN RUSSIA TO DISCUSS SOCIAL PROBLEMS, NOT NEW CREDITS
Grigori Gerenstein |
A team of experts from the International Monetary Fund has arrived in Moscow to study social problem
ENERGY BRIEFS
Wire and Staff Reports |
ADDINGTON TO SELL COAL ASSETS TO PITTSTONASHLAND, Ky. - Addington Resources Inc. sha
FUEL CO-OPS DELIVER SAVINGS, BUT CONSUMERS REMAIN WARY
Arthur Gottschalk |
Although retail heating oil prices have fallen to their lowest levels in five years, homeowners can
UK COMPANIES OFFERED CUTS IN POWER BILLS
Knight-Ridder Financial |
U.K. companies are being offered reductions of up to 15 percent on their electricity bills as suppli
FRANCE SET TO PRIVATIZE NUCLEAR REACTOR BUILDER
Associated Press |
The nuclear power station manufacturer that has been a bedrock of France's policy of energy independ
MARITIME BRIEFS
From Wire and Staff Reports |
BALTIC SHIPPING TO START US GULF-RUSSIA SERVICEHOUSTON - Baltic Shipping Co. will be
Maritime
EAST EUROPEAN TRADE LEADS
East European Trade Leads supplied by: |
How tO use: Under the U.S. government's American Business Initiative, the Eastern Europe Bus
Maritime
GULF STATES NEGOTIATING TO PROTECT US COPYRIGHTS
Christine Hauser |
The United States and Gulf Arab states are negotiating agreements to end the production and sale of
Maritime
CLASSIFICATION SOCIETY'S ROBERT KRUSE RETIRES
Journal of Commerce Staff |
Robert Kruse, the member of the executive board of Germanischer Lloyd who was responsible for the sh
Maritime
MONTANA BULK FACILITY ADDS TRANSFER WAREHOUSE
Gregory S. Johnson |
Three years after building a bulk transload center and putting the town of Shelby, Mont., on the map
FLA. DISPUTES GAO CLAIMS OF LAX STATE REGULATIONS
From Wire and Staff Reports |
The Florida Insurance Department on Wednesday disputed findings of a General Accounting Offices repo
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 12, 1994 Prev. Life of Contr. OpenOpen High
GULF COUNCIL OFFICIALS DOWNPLAY REPORTS OF FULL MEETING
Mona Megalli |
Several Gulf oil officials Wednesday downplayed reports that a full meeting by the Gulf Cooperation
EAST EUROPEAN TRADE LEADS
East European Trade Leads supplied by: |
How tO use: Under the U.S. government's American Business Initiative, the Eastern Europe Bus
Maritime
LESSORS OFFER DEALS TO KEEP BOXES MOVING
Allen R. Wastler |
A buildup of marine containers on the West Coast is forcing container lessors to offer short-term in
EUROPEAN BANKS FACE TOUGH YEAR, S&P SAYS
Reuters |
European banks face a tough year in 1994 after being the largest single group affected by credit dow
OFFSHORE TEXTILE COMPANIES OBJECT TO AID RESTRICTIONS
Tim Shorrock |
U.S. Agency for International Development officials said the agency's prohibition against using U.S.
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -3.091/6 95.21/7 95.21/10 94
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 12, 1994Brent Crude Oil - (Dollars Per Barrel)
US CRUDE OIL INVENTORIES DROP
Journal of Commerce Staff |
U.S. crude oil inventories fell by 7.0 million barrels during the week ended Jan. 7 compared with th
SPOT PRODUCT PRICES
JOC Staff |
Jan. 12, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 226.30 up 1.04 which compares w
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
LOWER JAPANESE PRICES FOR IMPORTED RICE URGEDTOKYO - Japan's farm minister said the
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 12, 1994 Quotations are based on prices reported in the market or obtained from s
RUBBER OUTPUT MAY INCH UP IN SOUTHEAST ASIA
Abdul Jalil Hamid |
Southeast Asian rubber output could rise slightly in 1994 but prices will remain stable unless China
FREIGHT RATE FUTURES
JOC Staff |
Jan. 12, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CANADIAN EXPORTERS SEEK POLICY OVERHAUL
Leo Ryan |
Canadian exporters on Wednesday called for a sweeping overhaul of national export strategy, includin
TAA EXPECTED TO OFFER EUROPE COMPROMISE PLAN STRUCTURAL CHANGES SEEN INEVITABLE
Peter M. Tirschwell |
Leaders of the Trans-Atlantic Agreement are expected today to propose giving up their inland rate-se
WESTERN GERMAN PRICE INDEX RISES
Knight-Ridder Financial |
Western Germany's consumer price index rose 0.2 percent in December from November and was 3.7 percen
EU GIVES BANANA EXPORTERS ULTIMATUM ON MARKET SHARE
John Zarocostas |
The European Union is threatening to withdraw an offer to improve import access for bananas from Cen
Maritime
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