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$12.8 BILLION AIRPORT PROJECT BEGINS WITH A BANG ON SOUTH KOREAN ISLAND
(Reuter) |
President Roh Tae-woo broke the ground Thursday for an airport on an offshore site near Seoul, which
MEXICO TO INCREASE DEPENDENCE ON MARINE WELLS, PEMEX SAYS
Knight-Ridder Financial |
Mexico's platform crude-oil production will hold steady at a daily average of about 2.68 million bar
LA. SUES OFFICIALS, FIRMS IN RISK RETENTION FRAUD
Special to The Journal of Commerce |
Twenty officers, directors and related companies of the defunct Physicians National Risk Retention G
POLITICS MAY GET IN THE WAY OF CLINTON BIOTECH ADVANCES
Karen Alexander |
President-elect Bill Clinton's victory is being seen as sending mixed signals to the biotechnology i
FORECAST REVISED UPWARD FOR WORLD SUGAR SURPLUS
Knight-Ridder Financial |
British trade house, C. Czarnikow Sugar Futures, has revised upward its forecast for the 1992-93 wor
INSIDE TALK - TIM SANSBURY MINERS MAY BE READY, BUT CONTRACT TALKS EXPECTED TO DRAG
Tim Sansbury |
Little progress is expected before December on union coal contract talks that miners already said we
IMPORT LEADS
JOC Staff |
BLOW DRYERS, OTHER BATHROOM APPLIANCES Blow dryers. Contact Vela Industrial (H.K) Co., Flat
Maritime
INSURANCE EARNINGS
Wire and Staff Reports |
NYMAGIC POSTS LOSS, CITES HURRICANESNEW YORK - Nymagic Inc., a marine insurer, repor
COMMODITY BRIEFS
From Wire and Staff Reports |
ZAMBIA COPPER PRODUCER TO DOUBLE WAGESLONDON - Zambian Consolidated Copper Mines has
US GRAIN SHIPMENTS SURGE ON SEAWAY
Leo Ryan |
A surge of U.S. grain movements this fall through the St. Lawrence Seaway ishelping to cushi
Maritime
JUDGE SAYS LA. PORT CAN'T EVICT TENANT
Special to The Journal of Commerce |
A federal judge Thursday denied a move by the Port of New Orleans to evict its public bulk terminal
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
MCDONNELL DOUGLAS INKS $1 BILLION CHINA PACTBEIJING - McDonnell Douglas Aircraft Co.
US AIRLINES LOSE $250 MILLION AS FALLING FARES PROVE COSTLY
Journal of Commerce Staff |
The U.S. airline industry reported a third-quarter loss of $250 million, a bitter blow to an industr
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
OVERCAPACITY SPURS PACIFIC AIR RATE WAR
Kevin G. Hall |
Air freight carriers and forwarders serving Asia and the South Pacific are desperately trying to boo
CORRECTION
JOC Staff |
The story "Coverage Seen Scant, Pricey for Storm-Swept Insurers," on Page 9A Tuesday should have sai
MEXICO MAY MODIFY TARIFFS, US MEAT GROUP CHIEF SAYS
Lindajoy Fenley |
Mexico may modify a new cattle and beef tariff schedule by spring, according to the head of the U.S.
INDIAN ECONOMY GROWING, BUT TRADE DEFICIT IS, TOO
N. Vasuki Rao |
The Indian economy looks likely to post growth of between 3.5 percent and 4 percent for fiscal 1992-
OECD REVISES DOWNWARD ITS '93 GROWTH ESTIMATES
Brian Childs |
Growth in the 24 member nations of the Organization for Economic Cooperation and Development is expe
Maritime
HONG KONG REFORM VOTE DRAWS FIRE FROM CHINA
From Wire Reports |
China blasted Hong Kong legislators Thursday for voting to support Gov. Chris Patten's democracy pla
Maritime
LLOYD'S REGISTER CHAIRMAN DEFENDS CLASSIFICATION SOCIETIES
Janet Porter |
Classification societies should not take all the blame for declining maritime safety standards, the
Maritime
JAPAN DISMISSES ARMY OFFICER WHO URGED ANTI-CORRUPTION COUP
(Reuter) |
The Japanese government has dismissed an army officer who called for a coup to clean up the nation's
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
COCOA TALKS SET TO END WITHOUT AGREEMENTGENEVA - Talks about a possible new internat
SPOT COMMODITIES
JOC Staff |
Nov. 12, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
CHEMICAL BRIEFS
From Wire and Staff Reports |
INDIA PROSECUTOR: CARBIDE PLANNED TO SELL PLANTBHOPAL, India - Union Carbide Corp. contempla
GASOLINE PRICES
JOC Staff |
Nov. 12, 1992 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unl
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 12, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Nov. 12, 1992 Prevailing sellers' posted prices at the close of business, represent
TRADE BRIEFS
From Wire and Staff Reports |
GERMANY TO ESTABLISH RELATIONS WITH BOSNIABONN, Germany - Germany will open formal diplomati
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Nov. 12, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
MIDDLEMEN MASTERMIND BUSINESS LINKS TO MAINLAND
Gene Linn |
M. Fujita, a director and vice president of Marubeni Hong Kong Ltd., is one of many middlemen who ma
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 199.51 off 0.59 which compare
RHODIUM'S PRICE EXPECTED TO REMAIN BELOW $2,000
Knight-Ridder Financial |
Rhodium prices are likely to stay well below $2,000 an ounce through at least the firstpart of next
CUSTOM-DESIGNED DRUGS TESTED ON CANCER PATIENTS
(Reuter) |
Using the tumors of patients, researchers at the Stanford University School of Medicine say they hav
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 12, 1992 Quotations are based on prices reported in the market or obtained from s
NICKEL SUPPLY-DEMAND BALANCE TO IMPROVE IN 1993, INCO SAYS
Knight-Ridder Financial |
Inco Ltd. predicted an improved balance between nickel supply and demand in 1993 stemming from recor
AIR CANADA PRESSES GOVERNMENT NOT TO AID CANADIAN AIRLINES
Journal of Commerce Staff |
Air Canada has delivered a sharp warning to the federal government against extending financial aid t
RECORD RESULTS LET OVERNITE EMBARK ON CAPITAL, EXPANSION PROGRAMS
Dane Hamilton |
Overnite Transportation Co., the Richmond, Va.-based less-than-truckload carrier, said record financ
BA TO DROP USAIR BID IF UK BOOSTS US RIGHTS HEATHROW IS KEY AS TALKS RESUME
Keith M. Rockwell |
British Airways is prepared to scrap its $750 million bid for a share of USAir Group if Britain gran
RULING TAKES TRAIN CREWS OUT OF "LIMBO'
Lawrence H Kaufman |
An appeals court has upheld a lower court ruling that railroad crews reaching their limit of time in
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