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FRANCE'S PORT OF ST. MALO REACHES LABOR ACCORD
Tara Patel |
The small French port of St. Malo, located on the coast of Brittany, in mid- November became the las
Maritime
BRAZIL AND ITS CREDITORS AGREE ON A DEBT FINANCING PACKAGE
Knight-Ridder Financial |
Brazilian Finance Minister Fernando Henrique Cardoso and Brazil's bank creditors signed an external-
CHINA TO SCRAP EXCHANGE RATE
Associated Press |
China plans to scrap its official exchange rate system next year as part of the drive toward a freel
CALIF. TRUCK STOPS SUFFERING DESPITE FALLING DIESEL PRICES
Bill Mongelluzzo |
The price of diesel fuel in California has dropped noticeably, but mechanical failures attributed to
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
COST OF CREDIT
JOC Staff |
Monday, Nov. 29, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
US COMES UNDER ATTACK IN GLOBAL SERVICES TALKS ENVOYS BLAST 2-TRACK PROPOSAL
John Zarocostas |
A top U.S. Treasury Department official came under heavy fire here Monday for trying to push through
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Nov. 20, total piggyback freight hauled on the nation's major railroads equaled 1
DOLLAR MIXED AS TRADERS BUY MARKS FOR WEAK YEN
Alan Zimmerman |
The U.S. dollar was mixed Monday as traders bought deutsche marks for Japanese yen, weakening the do
ZIMBABWE POLICIES DRIVE INVESTORS INTO BOTSWANA
John Kelley |
Zimbabwe's lack of an investment code and adequate incentives, its maze of red tape and land-acquisi
Maritime
ETHICS LAWS MAY AFFECT MASSPORT REPRESENTATION
Michael S. Lelyveld |
Ethics law restrictions on a Massachusetts Port Authority board member and Teamsters leader may play
TRANSPORT BRIEFS
Wire and Staff Reports |
STRIKES SET TO DISRUPT ITALIAN TRANSPORTATIONROME - Italy's air travelers and motori
HONG KONG TOY MAKERS URGE EDUCATION TO BOOST CHINA SAFETY
P.T. Bangsberg |
Local toy manufacturers are giving a predictable thumbs-down to calls for a boycott of China-made to
Maritime
TEAMSTERS STRIVE TO GET PROPOSALS ON BALLOTS OF THREE BIG TRUCKERS
Dane Hamilton |
Seeking to flex their muscles prior to critical contract negotiations, Teamsters union activists are
US SAID TO SEEK JAPAN INDICATORS, BUT NOT TARGETS
Knight-Ridder Financial |
The United States is seeking "indicators" in its trade talks with Japan as distinct from the numeric
Maritime
INDIA'S LARGEST STEEL COMPANY SETS NEW PLANT FOR EXPORTING
N. Vasuki Rao |
India's largest private-sector steel company plans to establish another plant for exporting.
Maritime
COURT ORDER BUOYS PWA IN BATTLE WITH AIR CANADA
Leo Ryan |
Despite a looming liquidity crisis, PWA Corp. has emerged in a significantly stronger position in it
KLM, NORTHWEST LIKELY TO BOOST CARGO TIES
William Armbruster |
The collapse of the proposed alliance between four European airlines is likely to spur greater coope
TRADE BRIEFS
From Wire and Staff Reports |
MOLDOVA CURRENCY MOVE SUPPORTED BY IMFWASHINGTON - The International Monetary Fund s
Maritime
SALINAS PLAN MAY PAVE WAY FOR SALE OF MEXICAN RAIL
Kevin G. Hall |
Although a sweeping new foreign investment law in Mexico retains a ban on direct investment in the s
TRADE TALK - ROSALIND MCLYMONT ASIA-BASED BUSINESSES AWAIT NEW CENTER FOR DISPUTE RESOLUTION
Rosalind McLymont |
A unique joint venture between the World Jurist Association of Washington, D.C., and the Internation
Maritime
GAO SAYS STATES LACK DATA TO TRACK SAFETY OF BIG TRUCKS
Mark B. Solomon |
Most states that allow the use of longer-combination trucks lack the data needed to monitor their op
EASTERN GERMAN INDUSTRIAL ORDERS INCREASED 23.9 PERCENT IN SEPTEMBER
Knight-Ridder Financial |
Eastern German industrial orders jumped 23.9 percent in September from August and rose 19.7 percent
SUPREME COURT REBUFFS LIFSCHULTZ ANTITRUST CASE
Journal of Commerce Staff |
The Supreme Court Monday refused to revive an antitrust lawsuit alleging that the nation's three lar
SUPREME COURT HEARS MICH. AIRPORT FEE CASE
WILLIAM DiBENEDETTO |
Supreme Court justices Monday focused on the right of airlines to challenge airport landing and conc
LATIN AMERICAN NATIONS FORGE TRANS-PACIFIC TIES
Eduardo Gallardo |
Trade and investment ties are beginning to grow across the Pacific between Latin America and Asia.
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
AVIATION INTERESTS, DOT TO DISCUSS LAX PLANWASHINGTON - Top officials of the U.S. De
NC FIRMS TO BE FIRST TO TRY VENTURE NETWORK
Associated Press |
A network to promote high-tech ventures between small and medium-sized firms in the United States an
Maritime
DIESEL FUEL PRICE RANGES
Comdata Corp., Brentwood, Tenn.; Journal of Commerce |
The range of bulk prices for self-service diesel fuel found nationwide by states as collected by Com
VINTNERS FACE HARD TIMES SALES REQUIRE NEW TACTICS
Brian Johns |
Sagging economies and tougher competitors are pushing France's Bordeaux winemakers to spend more tim
Maritime
SOUTH KOREA PLANS TO INTRODUCE INDEX FOR OIL PRICING
Knight-Ridder Financial |
The South Korean government will introduce an oil price indexing system in the first half of 1994, a
CLEANING UP IN CHINA: P&G SOAP DEALS GROW
P.T. Bangsberg |
U.S. companies are stepping up their activities in China as demand for consumer items grows.
Maritime
PLAN FOR CENTRAL EUROPEAN EXCHANGE FOR OIL FUTURES GETS MIXED RECEPTION
Paolo Berbotto |
A planned central European futures exchange for sour Urals crude and gas oil, presented to several c
ENERGY BRIEFS
Wire and Staff Reports |
PRICE OF OPEC BASKET FALLS 12 CENTS A BARRELLONDON - OPEC's basket of seven crudes f
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Nov. 29, 1993 Prev. Life of Contr. OpenOpen High Low
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Nov. 29, 1993Brent Crude Oil - (Dollars Per Barrel)
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 29, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%
SPOT PRODUCT PRICES
JOC Staff |
Nov. 29, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
GASOLINE PRICES
JOC Staff |
Nov. 29, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unl
CRUDE OIL PRICES PLUMMET TO 3-YEAR LOW ON NYMEX
From Wire and Staff Reports |
Oil prices on the New York Mercantile Exchange Monday crashed to their lowest levels since the summe
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