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FUTURE OF GERMANY'S ROSTOCK LOOKS BLEAK AS BUSINESS DROPS
Miriam Widman |
Since the reunification of Germany last year, the Port of Rostock in eastern Germany has lost much o
Maritime
INDIA RELAXES CURRENCY REGULATIONS, PLANS TO SHARPLY CUT IMPORT TARIFFS
N. Vasuki Rao |
Bureaucratic shackles are being lopped off four decades of policy with bold initiatives the governme
ENERGY BRIEFS
From Wire and Staff Reports |
OUTPUT DOWN SLIGHTLY FOR ALASKA NORTH SLOPECrude oil production from Alaska's North Slope re
MORE SWISS BANKS EXPECTED TO MERGE, COOPERATE
Margaret Studer |
An increasing number of Swiss banks are expected to merge or make cooperation agreements, financial
JOINT VENTURE IN TAIWAN PLANS AUTO ENGINE FORD MOTOR CO. HAS STAKE IN PROJECT
Chris Brown |
A joint government/private sector undertaking including Ford Motor Co. is working to develop an auto
Maritime
LLOYD'S FEARS UK TAX RULES BENEFIT FOREIGNERS
William Pitt |
Lloyd's of London chief executive Alan Lord warned last week that U.K. tax rules may help foreign co
COMMODITY BRIEFS
From Wire and Staff Reports |
BRAZILIAN, COLOMBIAN LEADERS TO TALK COFFEEBOGOTA, Colombia - Colombian President Cesar Gavi
MONTANA LATEST TO MOVE AGAINST 2 AILING INSURERS
Brigitte Maxey |
The Montana Insurance Department is the latest regulatory agency to take action against King of Prus
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) July 5, 1991Bid AskedCopper-G
SPOT PRODUCT PRICES
JOC Staff |
July 5, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon, f
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange July 5, 1991Dubai Crude Oil - (Dollars Per Barrel)
BALTIC FREIGHT INDEX
JOC Staff |
1663 (July 5, 1991) Previous day - 1674 The Baltic International Freight Futures Market in L
Maritime
NEW UNEMPLOYMENT CLAIMS TURN DOWN IN WEEK
Knight-Ridder Financial |
New claims for state unemployment insurance benefits were made by 423,000 people during the week end
CHINA'S STOCK EXCHANGE HAS CAUTIOUS BEGINNING
(Reuter) |
China's communist leaders cautiously approved the Shenzhen stock exchange last week, allowing the of
FRENCH COMPANY INVESTS $280 MILLION TO GET 20 PERCENT STAKE IN CHINESE REFINERY
P.T. Bangsberg |
Despite the example of an American joint venture in China's energy sector that ended in failure, one
TRADE BRIEFS
From Wire and Staff Reports |
EC PANEL EXPECTED TO OK FARM PROPOSALBRUSSELS, Belgium - The European Commission is expected
Maritime
GATT CHIEF SEEKS TO AVERT CLASH OVER INTERNATIONAL TRADE IN TEXTILES
John Zarocostas |
Arthur Dunkel, GATT director-general, took a forceful stand during a textiles meeting here Friday in
Maritime
GATT HAILS RESULTS OF REFORMS IN CHILE
John Zarocostas |
Chile's market-opening policies are responsible for the improvement in the country's economic perfor
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
OIL LEAK DISRUPTS NORTH SEA OUTPUTAn oil leak on a subsea pipeline connecting the Shell Oil
MARITIME BRIEFS
From Wire and Staff Reports |
UNIROYAL GOODRICH HONORS COLUMBUS LINEJERSEY CITY, N.J. - Uniroyal Goodrich Tire Co. honored
Maritime
INTERNATIONAL LOANS
Journal of Commerce Staff Report |
INDIA - $450 million from the World Bank to improve the facilities of the Bombay High oil field and
Maritime
OPEC'S OIL PRODUCTION SEEN RISING TO 22.7 MILLION BARRELS A DAY IN JUNE
Knight-Ridder Financial |
OPEC crude oil output averaged 22.7 million barrels a day in June, up 100,000 b/d from May levels, a
SPOT COMMODITIES
JOC Staff |
July 5, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
COMMODITY BRIEFS
From Wire and Staff Reports |
FERRUZZI GROUP INVESTS IN HUNGARIAN SUGARMILAN, Italy - A subsidiary of Ferruzzi-Montedison
INSURANCE BRIEFS
Wire and Staff Reports |
INSURANCE INDUSTRY APPEALS COURT DECISIONInsurance industry defendants are appealing a decis
MEDICARE FRAUD IS FAMILY AFFAIR IN MIAMI BEACH AUTHORITIES SAY
Knight-Ridder Newspapers |
The Medicare fraud, the federal government claims, was all in the family. For five years, No
ADVISORY GROUP SAYS MASS. MISMANAGES WORKERS COMP
Journal of Commerce Staff |
As workers compensation insurance reform lags in Massachusetts due to state budget concerns, a group
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago7/5 7/3 Change % Change:
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 5, 1991Brent Crude Oil - (Dollars Per Barrel)-
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
HONG KONG AIRPORT GETS NOD, BUT CHINA ROLE STIRS CONCERN
P.T. Bangsberg |
The agreement between Britain and China to proceed with Hong Kong's new airport will stimulate the e
EASTERN GERMANY'S SHIP INDUSTRY BETTING ON SOVIET AND BALTIC TRADE
Miriam Widman |
Despite recent difficulties in trading with the Soviet Union, the shipping industry in eastern Germa
Maritime
WAVE OF SCANDALS LIKELY TO SPEED SECURITIES MODERNIZATION IN JAPAN
A.E. Cullison |
Japan's recent wave of ugly brokerage scandals is expected to lead to a speed-up of modernization ef
REAL ESTATE EXECUTIVES URGE CAUTION OVERSEAS
TOM McNIFF Jr. |
American companies with real estate interests abroad have increased 22 percent since 1989, according
Maritime
BETHLEHEM STEEL SELLS COAL MINE TO W.VA. FIRM
Tim Sansbury |
Bethlehem Steel Corp. announced it sold northern West Virginia mining operations that last year prod
WEST URGED TO REASSES E. EUROPE'S CAPITAL NEEDS
Journal of Commerce Staff |
A World Bank official urged "a reassessment" by the industrial nations and international agencies of
Maritime
EC PANEL CLEARS AID FOR VW-FORD FACTORY
Bruce Barnard |
The European Community Commission last week cleared a $613 million subsidy for Ford Motor Co. and Vo
Maritime
LOW CUBAN SUGAR PRODUCTION FOLLOWSSHORTAGE OF SPARE PARTS AND FUEL
(Reuter) |
Cuba's strategic sugar industry, hamstrung by shortages of fuel and spare parts, produced 7.6 millio
JOFC PRICE INDEX FALLS WITH PLYWOOD
Gordon Platt |
The Journal of Commerce Industrial Price Index declined last week, as plywood prices fell sharply on
PROZAC ANTI-DEPRESSANT SUFFERS WRATH OF SCIENTOLOGY CHURCH ATTACK
Chicago Tribune |
When Joseph Wesbecker stormed a printing plant in Louisville, Ky., nearly two years ago, killing eig
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