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SHAREHOLDERS' PLAN COULD OPEN DOOR FOR BCCI RESTRUCTURING
Knight-Ridder Financial |
An eleventh-hour plan by the main shareholders of the failed Bank of Credit and Commerce Internation
TRANSPORT BRIEFS
From Wire and Staff Reports |
ICC RULE REQUIRES ABANDONMENT MAPSWASHINGTON - The Interstate Commerce Commission issued a n
COMMODITY BRIEFS
From Wire and Staff Reports |
NO AUSTRALIAN CONSENT NEEDED FOR BONUS SALESThe U.S. Department of Agriculture will not have
HARRIER INC. TO BEGIN TESTING ON TUMOR DRUG
Journal of Commerce Staff |
Harrier Inc. said independent testing has begun on its Tumosterone pharmaceutical, which is a reprod
TRADE BRIEFS
From Wire and Staff Reports |
STATUS OF POLAND IN EC ON HOLD OVER DISPUTEWARSAW, Poland - Negotiations for Poland to have
Maritime
US, JAPAN SIGN ACCORD ON PUBLIC WORKS BIDS
John Maggs |
The United States and Japan signed a new agreement Wednesday extending the 1988 pact on construction
REASON FOR OPTIMISM IN TRADE TALKS LIES IN BEHIND THE SCENES MOVEMENT
John Zarocostas |
The head of the organization that oversees most of the world's trade is confident that governments w
SEEING LOW PROFITS, W. COAST REFINERS LOOK TO SINGAPORE
Paul Khoo |
U.S. West Coast refiners, grappling with anemic profit margins, are eying a possible solution found
US, ITALIAN COMPANIES UNITE TO TEST AIDS DRUG
Wire and Staff Reports |
VIMRx Pharmaceutical Inc. has signed a letter of intent with Raggio-Italgene SpA, an Italian company
CALIF. FRAUD RING COSTS INSURERS $50 MILLION
JOC Staff |
An insurance fraud ring that is alleged to have robbed auto insurers of $50 million since 1986 by st
INSURANCE EARNINGS
JOC Staff |
TRAVELERS NET INCOME LOWER AT $91 MILLIONHARTFORD, Conn. - The Travelers Corp. Wednesday rep
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange July 30, 1991CRUDE OIL(1,000 barrels; dollars and cents
POSTAL SERVICE CONTRACT GOES TO MICH. AIRLINE
Mark B. Solomon |
The U.S. Postal Service has signed a contract with a Michigan-based charter carrier to move part of
MAJOR DEFENDS UK EXPORTS OF SENSITIVE GOODS TO IRAQ
(Reuter) |
Prime Minister John Major Wednesday strongly defended Britain's export of sensitive materials to Ira
JAPAN HELPS COVER FAILURE OF IRAN CHEMICAL VENTURE
A.E. Cullison |
The Japanese Ministry of International Trade and Industry paid $567 million in trade insurance Wedne
S. KOREA, IN SHIFT AWAY FROM US, EXPECTED TO BUY TAIWANESE PORK
Lee Young-Ho |
South Korea's National Livestock Cooperatives Federation hopes to purchase Taiwanese frozen pork at
TRADING WITH TUNISIA US INVESTMENT LAGS THAT OF EUROPE - FOR NOW
Duncan Robinson |
Tunisia continues to liberalize its trade and investment laws to lure foreign investors, but Europea
Maritime
ILA PROTEST SLOWS WORK AT PORT OF NEW YORK
Erich E. Toll |
A protest by workers belonging to the International Longshoremen's Association slowed operations at
BRAZILIAN PORTS PROGRESS TOWARD PRIVATIZATION
James Bruce |
Brazil's Sepetiba Bay industrial port, located 50 kilometers west of Rio de Janeiro, is a priority t
Maritime
HAZARDOUS MATERIALS INVOLVED IN TRAIN WRECKS FREQUENTLY
Scott Thurm |
Two recent train wrecks that closed major highways and forced residents to flee were unusual only be
CANADIAN TOBACCO TAXES ENCOURAGE SMUGGLING
(Reuter) |
Canada's ambitious effort to discourage smokers by heaping taxes on cigarettes is running into some
Maritime
BIGGEST AUTOMAKERS IN JAPAN FAVOR EC PLAN
(Reuter) |
Japan's biggest car manufacturers are likely to benefit from a European Community proposal not to li
Maritime
CANADIAN OUTPUT SURPASSED BY US
Leo Ryan |
Productivity growth by Canadian manufacturers has lagged sharply behind U.S. firms over the past fiv
Maritime
EGYPT TO ALLOW PRIVATE FIRMS TO IMPORT FLOUR
JOC Staff |
Egypt will allow private companies to import flour for the first time next year as part of a gradual
Maritime
CORRECTION
JOC Staff |
In the July 5 issue of The Journal of Commerce, a story titled "Energy Information Agency Predicts U
ENERGY BRIEFS
From Wire and Staff Reports |
UTILITIES FIGHT EC OVER THIRD-PARTY PLANBRUSSELS, Belgium - European utilities intensified t
Maritime
PEOPLE - TRANSPORT
JOC Staff |
Jimmy Roman was named terminal manager of the motor carrier's El Paso, Texas, facility and will over
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 31, 1991 Prices in the spot chemicals table include spot quotations or list price
SENATOR SLAMS BUSH'S LACK OF MARITIME POLICIES
WILLIAM DiBENEDETTO |
Sen. John B. Breaux, D-La., used a Senate subcommittee hearing to lash out at what he termed a lack
Maritime
COST OF CREDIT
JOC Staff |
Wed., July 31, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATES*Canada
MARIMPEX TO GET SOVIET GAS OIL IN BARTER DEAL
Jackie Cowhig |
German oil trader Marimpex Mineralol, a subsidiary of commodity trader Compagnie Financiere Sucres e
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended7-26 7-19
BELGIAN SHIPPING LINE CONFIRMS HUNT FOR PARTNER
Bruce Barnard |
CMB Transport, the leading Belgian liner shipping company, confirmed Wednesday it is seeking a part
INDIAN PORTS REPORT MIXED RESULTS IN PERIOD
N. Vasuki Rao |
The country's 10 primary ports handled 2 percent more cargo than expected in the first quarter of fi
Maritime
WEST COAST PORTS SEEN AS VANGUARD OF US RECOVERY BUT EAST SUFFERS CONTINUED WEAKNESS
Bill Mongelluzzo |
A spurt in imports through West Coast ports in May indicates the U.S. economic recovery is starting
Maritime
COMMISSION ALLOWS GERMAN MERGER
(Reuter) |
Members of the European Commission Wednesday approved a merger between German battery makers Robert
Maritime
HOUSE OKS TRANSFER OF VESSELS TO GREECE
Journal of Commerce Staff |
The House of Representatives authorized the transfer of four naval vessels to the government of Gree
Maritime
IRAQ TO REPAIR SAUDI PIPELINE
JOC Staff |
Iraq is seeking to repair its war-damaged crude-oil pipeline through Saudi Arabia now that damage to
EPA OFFICIAL REBUTS NEGLIGENCE ACCUSATION
Brigitte Maxey |
The inspector general of the Environmental Protection Agency recently defended his office against ch
TRANSPORT BRIEFS
From Wire and Staff Reports |
HANJIN SHIPPING ADDS TWO CITIES TO NETWORKLONG BEACH, Calif. - Hanjin Shipping Co. added Col
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