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ENERGY BRIEFS
From Wire and Staff Reports |
COAL PRODUCTION RISES BY 3 PERCENT, REPORT SAYSCHARLESTON, W. Va. - Domestic coal pr
ENERGY INVESTORS EXPECTED TO FLOCK TO S. AMERICA AS REGION STABILIZES
Paula L. Green |
Trade in oil, gas and electricity is expected to boom in the Southern Cone region over the 1990s as
LICHT FORECASTS CHINA SUGAR USE TO HIT 10.5 MILLION TONS BY 2000
Knight-Ridder Financial |
Consumption of sugar in China should reach "at least" 10.5 million metric tons by the year 2000, acc
TOSCO TRUMPETS BAYWAY DEAL AS PROFIT LEAPS
Knight-Ridder Financial |
Tosco Corp. will continue its recent mode of acquiring refinery and marketing assets in the United S
CHINESE, HALLMARK SIGN DEAL
Journal of Commerce Staff |
Chinese who care enough to send the very best will find it easier, thanks to a new deal between Hall
MARITIME BRIEFS
From Wire and Staff Reports |
CARNIVAL CORP. SUES FINNISH SHIPBUILDERMIAMI - Carnival Corp. has filed a $400 milli
Maritime
COST OF CREDIT
JOC Staff |
Tuesday, Oct. 26, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CNW HOLDINGS SINKS INTO THE RED FOR QUARTER
Lawrence H Kaufman |
Chicago & North Western Holdings Corp. reported a third-quarter loss of $4.6 million compared with i
GM SCRAPS PARTNER SEARCH FOR LOCOMOTIVE INVESTMENT
Knight-Ridder Financial |
General Motors Corp. on Tuesday said it had called off its search for a strategic partner to invest
NAFTA OPPONENTS CLAIM BIG LEAD OVER LAWMAKERS IN FAVOR OF PACT
John Maggs |
A leading opponent of the North American free-trade agreement in the House said he was only 10 "soli
Maritime
PRODUCER PRICES RISE 0.2 PERCENT IN ITALY
Knight-Ridder Financial |
Italy's producer price index rose 0.2 percent in August from July and climbed at an annual rate of 4
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
GENCORP REFUSES TO PAY FOR CHEMICAL PLANT CLEANUP
Arnie Rosenberg |
GenCorp Inc. of Fairlawn, Ohio, said it isn't responsible for pollution caused by an Ashtabula chemi
PHARMACEUTICALS SQUEEZED, BIOTECH FIRMS FEEL THE PINCH
Journal of Commerce Staff |
Biotechnology firms must be more accountable, in terms of performance, if they are to continue winni
ARKLA TO TRANSPORT GAS TO MISSOURI UTILITY
Knight-Ridder Financial |
Arkla Energy Resources will begin transporting up to 40 million cubic feet a day of natural gas to t
GROWERS AIM TO MARKET SOYBEAN ADAPTED TO NEBRASKA IN JAPAN
Associated Press |
Growers and researchers in Nebraska hope to market a soybean popular as a snack food in Asia and ada
PETROCHEMICAL UNIT WOULD YIELD PROFIT, OMANI AIDE SAYS
Associated Press |
Oman's plans for a petrochemical complex have picked up steam after Maqbul bin Ali Sultan, Oman's mi
BILL WOULD END CARGO PREFERENCE ON MILITARY SHIPMENTS
Journal of Commerce Staff |
The Clinton administration has told Congress the government should change the way it purchases goods
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
AIG AVIATION INC. (New York) - John A. Myers, president of the American International Group subsidia
FRONTIER JOINS CALIF. P/C MARKET
Journal of Commerce Staff |
Frontier Insurance Co., a Rock Hill, N.Y., specialty insurer, has entered California's property and
US FIRMS ARE BULLISH ON HONG KONG, CHINA
Journal of Commerce Staff |
However tense relations may be between Britain and China over the future of Hong Kong, American comp
LUFTHANSA TO BOOST CARGO RATES ON MONDAY
Miriam Widman |
Lufthansa German Airlines announced plans to raise cargo rates across the Atlantic probably beginnin
CONSTRUCTION AND TRAINING CONCERNS AGAIN DELAY DENVER AIRPORT'S LAUNCH
Associated Press |
The long-awaited opening of Denver International Airport will have to wait a little longer.
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
DOLLAR DROPS ON DECLINE IN CONSUMER CONFIDENCE
Alan Zimmerman |
The U.S. dollar fell Tuesday as an unexpected decline in the Conference Board's U.S. consumer confid
FRANCE CONFRONTS WORST DAY OF AIRLINE CRISIS AS STRIKE SPREADS
Reuters |
Aviation chaos spread in France Tuesday as labor unions, emboldened by the government's capitulation
AIRLINES FACE DILEMMA AT LAX AS JUDGE ALLOWS FEES TO STAND PENA DRAWS FIRE FOR WAFFLING ON DISPUTE
Bill Mongelluzzo |
The refusal by a U.S. District Court judge Monday to block Los Angeles International Airport from tr
BOOM OR BUST? RAILS, LABOR SPAR ON NAFTA PROSPECTS
Rip Watson |
In a prediction that organized labor said is invalid, rail carriers foretell a business boom with in
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
TRADE BRIEFS
Wire and Staff Reports |
CONRAD TO DEVELOP HOTEL-CASINO IN EGYPTBEVERLY HILLS, Calif. - Conrad Hotels, the internatio
Maritime
PHILA. LABOR ANTAGONIST EXTENDS OLIVE BRANCH TO ILA
Henry J. Holcomb |
Unprecedented things are happening on the Philadelphia waterfront. An old labor antagonist i
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Oct. 26, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
QUANTUM FINANCIAL, REFCO DENY RUMORS
Knight-Ridder Financial |
Rumors that leading futures commission merchant Refco Inc. will be bought by Quantum Financial Servi
SCOTTS TO BE BIGGEST LAWN FIRM WITH PURCHASE OF GRACE-SIERRA
Reuters |
Scotts Co. said Monday it plans to buy Grace-Sierra Horticultural Products Co. From W.R. Grace & Co.
SHOWA DENKO, ASAHI CHEMICAL IN PLASTICS DEAL
Knight-Ridder Financial |
Showa Denko KK and Asahi Chemical Industry Co., two major Japanese petrochemical companies, have agr
AGENTS PLAN NEW PUSH TO LIMIT BANK ENTRY
Paul Dykewicz |
Now that the Clinton administration is openly supporting interstate branching by banks, insurance ag
MARC FELICE DIES AT 78, WAS INTERMODAL PUBLISHER
Journal of Commerce Staff |
Marc Felice, founder of the world's first container and intermodal magazine and a publisher and edit
Maritime
SUTHERLAND SETS EMERGENCY MEET ON TRADE TALKS
Knight-Ridder Financial |
The director general of the General Agreement on Tariffs and Trade Tuesday called a surprise meeting
NY POWER AUTHORITY TO FREEZE RATES
Knight-Ridder Financial |
The New York Power Authority Tuesday said it will freeze electric rates at least through the end of
TRADERS EXPECT ALUMINUM PRICES TO DECLINE AMID OVERSUPPLY
Knight-Ridder Financial |
Tuesday's collapse of primary aluminum prices to new eight-year lows was long overdue and may be the
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