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FINANCIAL BRIEFS
Wire and Staff Reports |
GERMANY OFFERS USSR EXPORT CREDIT DEALBONN, Germany - The German government will provide exp
CHEAP CAN BE COSTLY IN WORLD LABOR MART
Jan Alexander |
The search for low-cost labor takes on new concerns, as industrialized countries develop more comple
Maritime
US DOLLAR DECLINES ON RUMORS
Knight-Ridder Financial |
Rumors that a large U.S. insurance company was in financial trouble and fresh reports of U.S. econom
MAJOR TO SUCCEED THATCHER AS PRIME MINISTER OF UK
Janet Porter |
John Major, whose stated ambition is to create a classless society in Britain, will take over from M
P&O LINE REORGANIZES EUROPEAN NETWORK
Journal of Commerce Staff |
P&O Containers Ltd., Britain's largest container shipping company, is merging its various European a
Maritime
COST OF CREDIT
JOC Staff |
Tue., Nov. 27, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago11/27 11/26 Change % Change
DAILY PETROLEUM PRICES.
JOC Staff |
Tuesday Nov. 27, 1990 Prevailing sellers' posted prices at the close of business, representi
NISSAN, TOYOTA EXPANDING ABROAD
A.E. Cullison |
Nissan Motor Co. will build a second $1 billion automobile assembly plant in Mexico in 1992 to expa
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
CBT GETS CFTC NOD ON ECU RATE FUTURESThe Chicago Board of Trade Tuesday received permission
TRADE BRIEFS
Wire and Staff Reports |
SWEDEN COULD SEEK EC MEMBERSHIP IN '91FRANKFURT, Germany - Sweden will almost certainly appl
Maritime
DISAPPOINTMENT OVER SALE FELT IN CHICAGO GRAIN PITS
From Wire Reports |
Wheat futures on the Chicago Board of Trade declined Tuesday on disappointment that the Soviet Union
PEOPLE - COMMODITIES
From Wire and Staff Reports |
REYNOLDS METALS CO. (New York) - Randolph N. Reynolds was electged executive vice president,internat
LUFTHANSA LOOKS TO MAKE CHARLOTTE A GATEWAY TO EUROPE
Doug Smith |
Lufthansa German Airlines wants to use its Frankfurt flight to promote Charlotte as a gateway to Eur
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Nov. 28, 1990Dubai Crude Oil - (Dollars Per Barrel
BALTIC FREIGHT INDEX
JOC Staff |
1324 (Nov. 27, 1990) Previous day - 1317 The Baltic International Freight Futures Market in
Maritime
GOING IT ALONE: FOREIGN FIRMS CUT MARKETING TIES WITH JAPANESE
A.E. Cullison |
Increasing numbers of American and other foreign corporations are dissolving sales links with Japane
SP NEARS DEAL ON SALE OF CALIF. RAIL LINK
Mark Magnier |
Southern Pacific Transportation Co. and a San Francisco regional transportation authority appear cl
V. SHIPS (USA) TO EXPAND PACTS WITH B & H GROUP
Bruce Vail |
The financial troubles of the Bergvall + Hudner Group of shipping companies are providing a windfall
Maritime
GASOLINE PRICES
JOC Staff |
Nov. 27, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
HYUNDAI TO INVEST IN CHINA, SOVIET UNION
From Wire Reports |
Hyundai, one of South Korea's largest exporters, plans to invest aggressively in Siberia and build a
Maritime
US TO CONTINUE USING EXPORT BONUS PROGRAM
Knight-Ridder Financial |
Agriculture Secretary Clayton Yeutter Tuesday said the USDA will continue to use the export bonus pr
PEOPLE - TRANSPORT
Wire and Staff Reports |
CSL INTERMODAL (Hunt Valley, Md.) - William W. Leedy was appointed director, intermodal sales, Midwe
AMERICAN BUREAU OF SHIPPING SETS UP GAS-CARRIER TEAM
Journal of Commerce Staff |
The American Bureau of Shipping, an organization that inspects and certifies ships, formed a strateg
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Nov. 27, 1990*Brent Crude Oil - (Dollars Per Barrel)
JUSTICE MAY COMPROMISE TO SETTLE ILA CASE
Alan Abrams |
The U.S. Justice Department may be willing to drop its demand that John Bowers and other Internation
EC FARM OFFICIAL REJECTS PLAN TO END TRADE DEADLOCK
Wire Reports |
Ray MacSharry, European Community agriculture commissioner, on Tuesday rejected a plan by Arthur Dun
SHIPPERS CONFIDENT OF DOCKER SETTLEMENTS
Bruce Vail |
The long, dragged-out negotiations over this year's labor contract with the International Longshorem
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
'K' LINE AGENCY OPENS CINCINNATI OFFICENEW YORK - "K" Line America Inc., the U.S. agent and
Maritime
ASIAN FUTURES
JOC Staff |
Nov. 28, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
PEOPLE - INSURANCE
Wire and Staff Reports |
ALEXANDER & ALEXANDER INC. (Omaha) - Marie A. Haddix has been appointed managing vice president of t
1992 - THE EUROPEAN COMMUNITY ROUNDUP WEEK OF NOV. 26
Journal of Commerce Staff |
European Community farm and trade ministers are due to meet Sunday night in a last-ditch effort to c
Maritime
HARD CASH IS VITAL FOR SOVIET EDI PLAYERS
Janet Porter |
Hard cash is the most crucial resource for any company in the Soviet Union that wants to start commu
PUBLISHER'S NOTEBOOK
Don C. Becker |
As if running a U.S. ship line isn't tough enough . . . Jim Amoss, chairman of Lykes Bros. S
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 225.85 off 0.59 which compares w
SPOT COMMODITIES
JOC Staff |
Nov. 27, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
TOKYO RANKED MOST EXPENSIVE IN STUDY OF 100 CITIES WORLDWIDE
John Zarocostas |
Tokyo is the most expensive city in the world followed by Osaka, according to a report released Tues
Maritime
CHICAGO EXCHANGES UNLIKELY TO MERGE
Knight-Ridder Financial |
A complete merger of the two leading futures exchanges here is not likely, despite announcements thi
COCOA FUTURES RECOUP SOME EARLY LOSSES
Knight-Ridder Financial |
Cocoa futures settled lower amid liquidation and profit-taking, traders said. March cocoa se
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