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FIAT CHIEF REPORTED ON LIST OF CORRUPTION SUSPECTS
Richard Waddington |
Fiat SpA's chief executive officer Cesare Romiti, one of Italy's most influential businessmen, is be
Maritime
PEOPLE - MARITIME
JOC Staff |
GULF AND EASTERN STEAMSHIP AND CHARTERING CO. (New York) - The board appointed Peter L. Renehan vice
Maritime
NOL TO LAUNCH JAPAN-CHINA SERVICE
Journal of Commerce Staff |
Neptune Orient Lines, an ocean carrier in Singapore, is starting a new container service between Chi
Maritime
LOW OFFERS END ACL'S BID TO SELL FREIGHTERS
Allen S. Roberts |
Atlantic Container Line has abandoned a seven-month effort to sell its unusual fleet of freighters,
AIR INDIA REGISTERS SHARP RISE IN EARNINGS
Special to The Journal of Commerce |
International carrier Air India posted a 106 percent increase in profit for the fiscal year through
FREE TRADE'S ONE THING, RICE ANOTHER, KOREANS SAY
Mark Magnier |
Long-winded speeches on the benefits of free trade took on a more earthy dimension Tuesday when farm
Maritime
ICELAND, US IN FEUD OVER WHALE HUNTING
Reuters |
The United States and Iceland are engaged in a war of words over the North Atlantic country's plans
Maritime
EUROPEAN AIRLINES RAP RESERVATION POLICIES
Bruce Barnard |
European airlines Tuesday warned that proposals by the European CommunityCommission would al
GAS MARKETERS RETHINK FORECASTS AS EXPORTS TO MEXICO LANGUISH
Anne Pearson |
This time last year U.S. natural gas marketers were sizing up Mexico as a big expansion market.<
POLISH MINISTER URGES MORE US INVESTMENT
Journal of Commerce Staff |
U.S. business investment in Poland is rising but remains disappointingly low, a senior Polish govern
Maritime
COMPUTERLAND SEES BRAZIL FRANCHISE AS START OF PUSH IN LATIN AMERICA
Brian Johns |
ComputerLand Corp. executives are hoping their recently opened franchise in Brazil will be a springb
Maritime
GASOLINE PRICES
JOC Staff |
May 25, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
DU PONT SEEKS TO MESH NYLON UNITS FOR EFFICIENCY
Knight-Ridder Financial |
Du Pont has streamlined the management structure of its nylon businesses into a new entity called Du
FUTURES REGULATORS SUE CHICAGO BOARD OF TRADE
WILLIAM B. CRAWFORD Jr. |
In a rare move, futures regulators have filed charges against the Chicago Board of Trade, saying tha
UK FACTORIES CUT 3 PERCENT FROM QUARTER'S OUTLAYS
Knight-Ridder Financial |
Capital expenditure by U.K. manufacturing industries fell 3 percent in the first quarter of 1993 fro
HAZARDOUS MATERIALS HAULERS HAIL REJECTION OF EDI PLAN
Dane Hamilton |
While hazardous materials shippers were relieved to learn that an influential study group gave a Bro
PEOPLE - TRANSPORT
From Wire and Staff Reports |
ALLIANCE SHIPPERS INC. (Palos Park, Ill.) - Jay Hirst was named senior vice president of Alliance, t
US-EC AIDES EXPECT LITTLE OUT OF AIRCRAFT-SUBSIDY TALKS
Knight-Ridder Financial |
Trade officials participating in talks aimed at extending an aircraft subsidies agreement between th
ASIA METHANOL DEMAND EXPECTED TO SURGE
Reuters |
Asian demand for methanol will rise 46 percent, to 5.4 million metric tons by the year 2000 from 3.7
VENEZUELAN RULES OUT CHANGES IN OIL POLICY
Knight-Ridder Financial |
Venezuelan Oil Minister Alirio Parra said he did not envisage any changes in his country's oil polic
ST. LOUIS DRUG MAKER REMAINS IN LIMBO AFTER FEDERAL SEIZURE
Robert Steyer |
One month after federal agents seized many of its products, KV Pharmaceutical Co. has not settled it
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/25 5/24 Change % Change: 4/30
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
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
CHINA AND HONG KONG DISCUSS FINANCIAL DETAILS OF AIRPORT
Knight-Ridder Financial |
The Chinese and Hong Kong governments are discussing financing of the colony's new airport, but will
CHEMICAL SECTOR REMAINS TOP US TOXIC POLLUTER
Ira Breskin |
The chemical industry maintained its dubious distinction as the nation's largest emitter of toxic ma
PLAN TO CUT RELEASES FROM DAMS DIVIDES ARKANSAS RIVER BARGE INDUSTRY
John Boyd |
Under a plan that has split the Arkansas River's barge industry but would reopen that waterway to li
Maritime
PORT NATIONS PRESSED TO STEP UP INSPECTION PROGRAMS FOR SHIPS
Janet Porter |
Coastal countries are under pressure to assume greater responsibility for policing the shipping indu
Maritime
BURTS' FUNDS TRANSFER OFFER UPSETS LA PORT INTERESTS
Kevin G. Hall |
An interdepartmental letter to Los Angeles city officials from the head of the nation's busiest cont
COST OF CREDIT
JOC Staff |
Tuesday, May 25, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
BULK MATERIALS INC. EMERGES FROM CHAPTER 11
Journal of Commerce Staff |
Bulk Materials Inc., a leading dry and liquid bulk commodities carrier based in Cleveland, said it r
FINANCING TRADE - GORDON PLATT J.P. MORGAN, IFC SET $120 MILLION FINANCING FOR BANK IN TURKEY
Gordon Platt |
The International Finance Corp. and J.P. Morgan jointly arranged $120 million of medium-term financi
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 25, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
RAILCAR DIVERSIFICATION MATCHES MARKET TRENDS
Rip Watson |
Rail and intermodal equipment is being pushed hard to keep pace as market forces encourage the growt
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) May 25, 1993Bid AskedCopper_G
JAPANESE BANKS SHIFT FOCUS TO NEW FRONTIER _ CHINA
Hisanobu Ohse |
Japanese banks, hungry for new territory to conquer, are turning from the markets of Europe and Nort
MINORITY EMPLOYEES SAY ITC IGNORES RACIAL DISCRIMINATION
John Maggs |
A decades-old pattern of racial discrimination at the International TradeCommission is being
Maritime
RUSSIAN RUBLE FALLS AGAINST US DOLLAR
Knight-Ridder Financial |
The ruble fell to 960 to the U.S. dollar in trading here Tuesday, shedding another 20 points from Th
AER LINGUS MAY CUT JOBS, FORM ALLIANCE WITH DELTA
Reuters |
Debt-laden Irish state airline Aer Lingus may cut staff by 10 percent and has had "strategic allianc
Air Cargo Carriers News
NYMEX WILL TRY TO REVIVE "DORMANT' CRUDE CONTRACT
Michael J. Strauss |
The New York Mercantile Exchange's sour crude oil futures contract has been a failure, and the excha
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