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FDA CLEARS SCHERING-PLOUGH ANGINA DRUG FOR SALE
Reuters |
The Food and Drug Administration has given Schering-Plough Corp. permission for the marketing of Imd
LIBYA REJECTS ULTIMATUM, RISKS OIL SANCTIONS
Reuters |
Libya spurned a Western deadline to surrender two airliner bomb suspects by Oct. 1, apparently ready
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 16, 1993 Quotations are based on prices reported in the market or obtained from s
INSURANCE BRIEFS
From Wire and Staff Reports |
INSURERS MORE OFTEN PAYING POLLUTION COSTSEXTON, Pa. - An expanding environmental insurance
CHINESE SHIP ANCHORED IN INTERNATIONAL WATERS
Diana Abdallah |
A Chinese cargo ship accused by Washington of carrying banned chemical weapons additives for Iran ha
Maritime
DEREGULATION STRATEGY UNLIKELY TO DIE EASILY
Stephanie Nall |
While maritime interests have tried to downplay a vice presidential staff proposal to deregulate the
LUFTHANSA ATTACKS NORTHWEST AIR FOR EFFORTS TO ERECT US BARRIERS
Special to The Journal of Commerce |
Lufthansa German Airlines vehemently attacked Northwest Airlines Monday for the U.S. company's effor
CANADA MUST SELL PROVINCES ON NAFTA SIDE AGREEMENTS
Leo Ryan |
The Canadian federal government must convince Canada's 10 provinces to accept agreements on labor an
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Aug. 16, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
ASIAN FUTURES
JOC Staff |
Aug. 16, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
INDONESIA DROPS VISA FOR BUSINESS VISITORS
Reuters |
Indonesia on Monday introduced two-month-long visa-free stays to business visitors from 45 countries
THE ECONOMY
Source: Commerce Department; Knight Ridder Tribune. |
INDUSTRIAL PRODUCTION Percent change July JuneManufacturing +0.2% -0.
TNT EXPRESS SUED AS TWO ALLEGE RACIAL DISCRIMINATION
William Armbruster |
A former branch manager for TNT Express Worldwide and the U.S. Equal Employment Opportunity Commissi
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
CHINA TO LAY OFF MORE COAL MINERS AS INDUSTRY LOSSES HIT $414 MILLION
P.T. Bangsberg |
As losses rocket in China's coal mines, officials say 140,000 workers will lose their jobs this year
INDIAN SMELTER WANTS TO EXPAND
Knight-Ridder Financial |
The state-run Hindustan Copper Ltd. (HCL) is seeking government permission to expand its Khetri copp
ENERGY BRIEFS
Wire and Staff Reports |
INDIA PLANS COAL OUTPUT OF 249 MILLION TONSNEW DELHI, India - India aims to produce
COFFEE PRICES RISE ON REPORT OF EXPORT PACT
Knight-Ridder Financial |
Coffee prices rose sharply in late Monday trading following reports of an agreement by African coffe
FORMER PAN AM OFFICIAL HEADS EFFORT TO BUILD NEW CARGO HUB IN RUSSIA
William Armbruster |
Dynair Technologies of Reston, Va., plans to build a new air cargo center in St. Petersburg, Russia.
COST OF CREDIT
JOC Staff |
Monday, Aug. 16, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TOYOTA TO MOVE CAR-PROCESSING UNIT FROM HOUSTON PORT TO INLAND LOCATION
Jane Baird |
Gulf States Toyota plans to move its car-processing operations out of the Port of Houston and into a
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
CARRIERS CONTAINER COUNCIL INC. (Jersey City, N.J.) - James W. McIntire Jr. was appointed director o
Maritime
LA PORT'S DEBT PROGRAM GETS TWO THUMBS UP
Kevin G. Hall |
Two leading New York bond-rating agencies gave the Port of Los Angeles their highest ratings, confir
Maritime
DOLLAR PLUNGES AGAINST YEN DESPITE BANK INTERVENTION
Alan Zimmerman |
The U.S. dollar fell Monday, hitting another record low against the Japanese yen of 100.85 in overse
RECEDING RIVERS ALLOW SOME BARGES TO RESUME SERVICE IN UPPER MIDWEST
John Boyd |
Despite new weekend rains over parts of the Midwest, the Mississippi River at St. Louis dropped enou
CONTINENTAL AIR TO AX 2,500 JOBS, CUT ROUTES
Knight-Ridder Financial |
Continental Airlines Inc. on Monday said that, as part of ongoing cost- cutting measures, it will cu
PRODUCTION COSTS MORE IN MALAYSIA AS WAGES GO UP, OUTPUT GOES DOWN
K.T. Arasu |
Wage increases in Malaysia are outstripping gains in productivity and could jeopardize the fast-grow
Maritime
GULF STATES UTILITIES DELAYS RESTART OF PLANT
Knight-Ridder Financial |
A Gulf States Utilities spokeswoman said its River Bend nuclear plant in Louisiana did not restart S
CHINESE GARLIC IMPORTS RAISE STINK IN CALIFORNIA
Amy Collins Christopher |
The state's leading garlic grower said he will purchase more than 1 million pounds of Chinese garlic
DAILY PETROLEUM PRICES
JOC Staff |
Monday Aug. 16, 1993 Prevailing sellers' posted prices at the close of business, representin
DESPITE THREATS, PHILADELPHIA LEASES PIER TO TRUCKER
David Johnston |
Despite a warning that their action could prompt trouble on the docks, Philadelphia Regional Port Au
Maritime
QUOTA WATCH
Source: American Association of Exporters and Importers |
Textile Quotas to Watch as of Aug. 14, 1993* Country Category Description
Maritime
DEBT-RIDDEN LLOYD BRASILEIRO AWAITS PRIVATIZATION WORD
Knight-Ridder Financial |
Terms for privatizing Brazil's debt-plagued government shipping company, Lloyd Brasileiro SA, will b
Maritime
JAPANESE FARM MINISTER DEFENDS MOVE TO STABILIZE BEEF IMPORTS
Abi Sekimitsu |
Eijiro Hata, Japanese farm minister, defended his agency's resolve to curb foreign beef imports by s
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 16, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%
COMEX METAL WAREHOUSE
JOC Staff |
Aug. 16, 1993 Copper Total, 107,490. Gold Total, .2,449,303.Silver To
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Aug. 13, 1993.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago8/16 8/13 Change % Change: 7/2
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