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1992 - THE EUROPEAN COMMUNITY ROUNDUP WEEK OF FEB. 24
Journal of Commerce Staff |
Portugal, current holder of the EC's rotating presidency, will present a strategy to admit members a
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
MERCK RAISES HOPES FOR AN AIDS VACCINEAn antibody to a tiny segment of the AIDS virus's oute
COURT AFFIRMS CSX'S RIGHT TO SELL BRANCH LINES
Geoffrey H. Brown |
The U.S. Supreme Court let stand an appeals court's decision upholding CSX Transportation Inc.'s rig
BANKING UNIONS IN GERMANY THREATEN WIDER WALKOUTS
Knight-Ridder Financial |
The present strike action in the German banking sector will grow to a point ''not seen in the past 4
BALTIC FREIGHT INDEX
JOC Staff |
1234 (Feb. 25, 1992) Previous day - 1236 The Baltic International Freight Futures Market in
Maritime
GERMAN INDUSTRY COOL TO PROPOSAL TO SPEED CFC BAN
Miriam Widman |
German producers of chlorofluorocarbons say the proposal from the government in Bonn to do away with
SEMBAWANG NET DECLINED IN '91 WEAK SALVAGE DEMAND CITED
Journal of Commerce Staff |
Sembawang Maritime Ltd., a unit of Keppel Corp., said it had net income of US$8.95 million (S$14.5 m
Maritime
UNPAID DUES FORCE IAEA TO POSTPONE PROJECTS
(Reuter) |
The International Atomic Energy Agency will have to postpone or cancel research and safety projects
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Feb. 25, 1992Dubai Crude Oil - (Dollars Per Barrel
UAE IS FIRST IN MIDEAST TO SELL UNLEADED GASOLINE
Christine Hauser |
The United Arab Emirates became the first Arab country in the Middle East to sell unleaded gasoline,
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Feb. 25, 1992 Prevailing sellers' posted prices at the close of business, representi
SHANGHAI OPENS WHARF FOR HAZARDOUS MATERIALS
P.T. Bangsberg |
Phase one of a special Shanghai wharf area for handling and storage of chemicals and petroleum is co
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
UNION PACIFIC SELLS BRANCH LINES IN ARK.OMAHA, Neb. - Union Pacific Railroad Co. ann
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
INSURANCE BRIEFS
From Wire and Staff Reports |
RATING AGENCY GIVES ARKANSAS BLUES A+NEW YORK - Standard & Poor's assigned an A+ cla
NEW YORK OFFICIALS LOBBYING TO LEVEL HEALTH INSURANCE FIELD
Margo D. Beller |
Gov. Mario Cuomo and New York Superintendent of Insurance Sal Curiale are lobbying hard for a bill t
GORDON PLATT'S FINANCING TRADE
Gordon Platt |
OHIO CAPITAL GOODS EXPORTERS are being urged to ask their Mexican customers to use a credit facility
EPA BATTLES TO STEM IMPORTS OF UNREGISTERED CHINA PESTICIDE
Paula L. Green |
The Dallas unit of the Environmental Protection Agency is continuing its crackdown on local importer
Maritime
POLISH MINISTER SEES ECONOMIC REFORM PASSAGE
Knight-Ridder Financial |
Poland's latest economic reform plan, which has already provoked the resignation of a key cabinet me
Maritime
JOINT VENTURE DEVELOP NATURAL GAS STORAGE PLANT
JOC Staff |
Swift Energy Co. and Natural Gas Clearinghouse have signed a preliminary agreement to jointly develo
SPOT COMMODITIES
JOC Staff |
Feb. 25, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
STATES SEEK TO TEST 24-HOUR EMPLOYEE PLANS
Lorraine Iannello |
To curb the rising costs of workers compensation and to make health insurance more available, severa
PUBLISHER'S NOTEBOOK
Don C. Becker |
You can read about Japan Inc., but you have to see it to really appreciate its awesome nature.
US CONSUMER CONFIDENCE DOWN
(Reuter) |
U.S. consumer confidence fell to its lowest level in 17 years in February, the Conference Board said
EC PONDERS EXPANSION OF COPYRIGHT PROTECTION
Paula L. Green |
U.S. businesses are watching the European Commmunity as it considers legislation that would extend c
WESTERN INVESTORS EXPECT LITTLE FROM RUSSIAN LAW, AND GET LESS
Duncan Robinson |
Russia's moves toward a market economy has produced a flurry of decrees, laws and taxes that thus fa
CARRIER COMPETITION BENEFITS LATIN AMERICA
Betsy Lordan |
While carriers serving Central America bemoan their low ocean rates and diminished market share, oth
EMU TIMETABLE MAY BE RISKY FOR GERMANY, BANK OFFICIAL SAYS
Knight-Ridder Financial |
The set timetable for European Monetary Union may pose risks to the German economy, Bundesbank Direc
SHIPBUILDING ORDERS HIT 15-YEAR HIGH
Janet Porter |
The world shipbuilding order book now stands at the highest level for almost 15 years after a surge
Maritime
CANADA TO KEEP INDONESIA SANCTIONS
(Reuter) |
Canada said it will maintain its aid embargo against Indonesia despite Jakarta's progress in clarify
ENERGY BRIEFS
From Wire and Staff Reports |
OIL PURCHASES RESUME FOR STRATEGIC RESERVEHOUSTON - U.S. Energy Secretary James Watk
GASOLINE PRICES
JOC Staff |
Feb. 25, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 25, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%
CHICAGO EXCHANGES TO TEST AUDIT SYSTEM IN TRADING PITS
(Reuter) |
Chicago's futures exchanges are about to hurdle a milestone as they prepare to test hand-held electr
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
STRIKES CONTINUE AS CONRAIL AWAITS NLRB RULING 13 TERMINALS STILL AFFECTED
Lawrence H Kaufman |
Striking members of the International Brotherhood of Teamsters continued to picket 13 Consolidated R
PRIVATIZED PHILIPPINE AIR LINES LIKELY TO STRESS CARGO GROWTH
Michael Di Cicco |
The privatization of Philippine Air Lines is likely to mean expansion in the regional market - espec
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
DOLLAR FALLS BRIEFLY ON CONFIDENCE REPORT
Knight-Ridder Financial |
The U.S. dollar fell briefly Tuesday on the surprise news that U.S. consumer confidence dropped in F
COCOA FUTURES GAIN IN LONDON
Knight-Ridder Financial |
Cocoa futures ended marginally higher across the board Tuesday, as the weaker U.S. dollar against st
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