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CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 202.60 off 0.33 which compare
SALOMON BROS. SHAKES UP PHIBRO TO SLASH COSTS
Anne Pearson |
Phibro Energy U.S.A.'s 985 employees here and in Texas City will be spared the ax in the company's m
BALTIC FREIGHT INDEX
JOC Staff |
1332 (Dec. 3, 1992) Previous day - 1324 The Baltic International Freight Futures Market in L
Maritime
THAILAND, SINGAPORE FACE IRE OF LINES OVER OFF-DOCK YARDS
Journal of Commerce Staff |
A proposal by major ocean carriers to limit the number of off-dock container yards in Thailand and S
Maritime
NORWAY'S PRODUCTION FELL 0.9 PERCENT IN OCTOBER
Knight-Ridder Financial |
Norwegian industrial production fell 0.9 percent in October, compared with a 4.1 percent increase in
EC FINANCIAL OFFICIAL WILL PUSH COORDINATED GROWTH STRATEGY
Bruce Barnard |
The European Community's chief financial official said Wednesday he will press EC leaders next week
Maritime
HEALTH GROUP'S SHIFT EASES PATH TO REFORM
Journal of Commerce Staff |
All the ingredients are now in place for a comprehensive reform of the health insurance system, than
EXPORT ABCS - HENRY A. SAMUEL PASSING ON TITLE OF OWNERSHIP CAN BE A CONFUSING PROCESS
Henry A. Samuel |
Passing the title and ownership of goods in international transactions has confounded exporters for
Maritime
EUROPEANS EXPLORE ALTERNATIVES ON ATLANTIC SHIPPERS BLAST RATE CONFERENCE, EYE INDEPENDENTS
Janet Porter |
A major British beverage exporter has been hit with a 30 percent increase in the cost of shipping it
TAX-EXEMPT PROFITS MAY FUND DEVELOPMENT
Charles Lunan |
Billions of dollars in tax-exempt corporate profits on deposit in Puerto Rico could some day be used
Maritime
US ECONOMIC REBOUND BREATHES FRESH LIFE INTO RECESSION-BATTERED TRANSPORT INDUSTRY
Journal of Commerce Staff |
With fresh economic data suggesting the U.S. economy finally may be on the mend, some recession-numb
REINSURER SAYS US MARKET POISED FOR MAJOR GROWTH
Journal of Commerce Staff |
An increasing number of reinsurance contracts will be "made in the U.S.A." as the "deteriorating" Lo
CHEMICAL BRIEFS
From Wire and Staff Reports |
UNION TEXAS WON'T SELL PETROCHEMICAL BUSINESSUnion Texas Petroleum Holdings Inc. announced T
COMMODITY BRIEFS
From Wire and Staff Reports |
RUSSIA DOUBLES PRICES PAID FOR GRAINThe Russian government has doubled the price paid for gr
EX-USSR GRAIN IMPORTS MAY FALL
Doug Palmer |
Grain imports by Eastern Europe and the former Soviet Union are expected to drop sharply in the 1990
SUIT CLAIMS FIRM FAILED TO REPORT ON TOXICS
Charles Laszewski |
A Minneapolis environmental group filed a lawsuit this week against a local printing company it said
PRUDENTIAL HALTS ISSUING FLA. POLICIES FOR 60 DAYS
David Satterfield |
Prudential Property and Casualty Co., Florida's third-largest insurer, will stop writing new residen
SANDOZ, SCRIPPS SIGN ACCORD ON RESEARCH FUNDS, RIGHTS
Journal of Commerce Staff |
Sandoz Pharmaceuticals Corp. Thursday signed a research alliance with the Scripps Research Institute
BRITISH AIRWAYS CEO WAVERS ON DEADLINE FOR USAIR DEAL
Keith M. Rockwell |
The chief executive of British Airways indicated some flexibility Thursday on the deadline for compl
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
SPOT PRODUCT PRICES
JOC Staff |
Dec. 3, 1992 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
PRODUCTION FALLS IN WESTERN GERMANY
Knight-Ridder Financial |
Western Germany's industrial production fell a seasonally adjusted 2.18 percent in October from Sept
GASOLINE PRICES
JOC Staff |
Dec. 3, 1992 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unle
ENRON, TRANSCO OFFER TOP BIDS FOR ARGENTINE TRUNK LINES
Knight-Ridder Financial |
Enron Corp. and Transco Energy Co. of the United States submitted the highest bids to purchase 70 pe
17 OIL-EXPLORING AREAS AVAILABLE IN AUSTRALIA
Knight-Ridder Financial |
The Australian government is inviting petroleum companies to apply for 17 new offshore exploration a
TOKYO FINANCIAL EXCHANGE WEAKENED BY PULLOUTS
Journal of Commerce Staff |
The Tokyo International Financial Futures Exchange was weakened since March by the withdrawal of mor
PALLADIUM PRICE HITS 18-MONTH PEAK
(Reuter) |
The price of palladium, a relatively rare metal used by the electrical and automotive industries alo
DIFFERENCES DELAY SIGNING OF NEW COCOA AGREEMENT
Elizabeth Herrington |
Fundamental differences between consumers and producers point to a long road ahead before the signin
SPOT COMMODITIES
JOC Staff |
Dec. 3, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
KUWAIT SAYS NO TO QUOTAS UNTIL CAPACITY IS RESTORED
(Reuter) |
Kuwait will try to keep out of the OPEC quota system until it has restored production capacity to 2.
FREIGHT RATE FUTURES
JOC Staff |
Dec. 3, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CALIFORNIA SUPREME COURT OKS REINSURANCE "OFFSETS'
Journal of Commerce Staff |
California's Supreme Court ruled that reinsurers can apply the money owed to them by a bankrupt insu
TRUCKERS LIKE CANADA'S NEW BRIDGE PROJECT
Journal of Commerce Staff |
The funds for a long-planned bridge that will be the first fixed link between the Canadian mainland
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
REPORT SAYS PRICES OF PRECIOUS METALS LIKELY TO STAY WEAK
Jon Cox |
Precious metal prices are likely to remain weak despite an improved outlook in market fundamentals,
INSURANCE BRIEFS
From Wire and Staff Reports |
MASS. SEEKS CHANGE IN WORKERS COMP RATEThe administration of Gov. William Weld of Massachuse
UK REINSURER HIRES EXPERT ON P/C FROM SKANDIA RE
William Pitt |
The board of Mercantile & General, Britain's biggest reinsurance company, is acquiring a very Scandi
CHINA SETS ACCOUNTING RULES FOR MARKET-ORIENTED REFORMS
(Reuter) |
China is sweeping away more than four decades of socialist-style business practices to let enterpris
CHINA PURCHASES SATELLITE FROM US
(Reuter) |
China has bought an orbiting U.S. telecommunications satellite, giving a big boost to its capacity f
WELLSPRING OF ENERGY AWAITS US INDUSTRY
Arthur Gottschalk |
Although Mexico's petroleum sector is generally off-limits to foreigners, the North American free-tr
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