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TRIAL LAWYERS PULL FAST ONE ON ARIZ. INSURANCE INDUSTRY
Jerry Goldberg |
The Arizona Trial Lawyers took the insurance industry for a good old- fashioned shell game during th
AVIATION BRIEFS
Wire and Staff Reports |
EASTERN GETS FUNDS TO AVERT LIQUIDATIONNEW YORK - A federal bankruptcy judge late Wednesday
WEFA GROUP SEES MILD RECESSION
Knight-Ridder Financial |
Starting this quarter, the U.S. economy will experience a "mild and brief" recession, and Federal Re
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 15, 1990 Prices in the spot chemicals table include spot quotations or list price
CANADA'S PWA OPPOSES OPEN SKIES IN N. AMERICA
Leo Ryan |
The head of Canada's second biggest airline has come out strongly against open skies in North Americ
EC SENDS TRADE TALKS MIXED SIGNALS
Bruce Barnard |
The European Community sent mixed signals Thursday regarding the Uruguay Round of world trade negoti
FINANCIAL BRIEFS
Wire and Staff Reports |
NO EMS REALIGNMENT FORESEEN IMMINENTLYFrench Finance Minister Pierre Beregovoy said Thursday
ECONOMIC DATA ABROAD
Wire and Staff Reports |
SEPTEMBER LABOR COSTS IN UK INCREASED 10.6 PERCENTU.K. manufacturing unit labor costs rose 9
IMPROVED INVESTMENT CLIMATE FAILING TO LURE DEALS TO CHINA
Rose A. Horowitz |
The investment climate in China is improving, but signed deals haven't yet followed the increase in
Maritime
CUSTOMS UPDATE
JOC Staff |
TERMINATION OF SUSPENSION OF LIQUIDATION: FRESH AND CHILLED ATLANTIC SALMONFROM NORWAY. The
Maritime
GULF CRISIS, SLOWDOWN HAMMER THAI TEXTILES
P.T. Bangsberg |
A double blow is sandbagging Thailand's exports of textiles, its largest single overseas earner, wit
Maritime
COAL, POWER SHORTAGES CURB INDIAN STEEL
N. Vasuki Rao |
Shortages of coal and power hit steel production during the first six months of fiscal 1990-91 thro
Maritime
TRADE BRIEFS
Wire and Staff Reports |
E. EUROPEAN ECONOMIES WORSE THAN EXPECTEDEfforts to turn Eastern Europe's centrally planned
Maritime
ARCO PLANS TO INVEST $700 MILLION IN ASIA
Jacob Daniel |
Arco Chemical Co. plans to invest US$700 million in the Asia-Pacific region over the next five to se
MARITIME CALENDAR
JOC Staff |
STATE UNIVERSITY OF NEW YORK MARITIME COLLEGE. Nov. 17. Bronx, New York. Third Annual Admiral's Ball
Maritime
WORKERS COMP RATE HIKE SOUGHT BY TEXAS INSURERS
Laura Raley Borda |
Nearly a year after Texas lawmakers passed a major workers compensation insurance reform package, th
SHELL OIL TO OFFER NATURAL GAS IN CALIFORNIA
From Wire Reports |
Pacific Gas & Electric Co. and Shell Oil Co. plan to install compressed natural gas dispensers at se
CHEMICAL BRIEFS
From Wire and Staff Reports |
WITCO COMPLETES DESOTO ACQUISITIONWitco Corp. announced the completion of its acquisition of
BRAZILIAN OFFICIAL SAYS SHIP LINE ISN'T ESSENTIAL LLOYD BRASILEIRO SEEKS CREDIT LINE
James Bruce |
Companhia de Navegacao Lloyd Brasileiro is not essential to Brazil's maritime trade and could be liq
Maritime
MEXICO TO BUILD FOUR RAIL TERMINALS
Alva Senzek |
Mexico is establishing four new rail terminals that the country calls ''ferroports." The sit
*SPOT COMMODITIES
JOC Staff |
Nov. 15, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
GASOLINE PRICES
JOC Staff |
Nov. 15, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 15, 1990 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 37.0
COMPANIES SEEK FORWARDER LICENSES
Journal of Commerce Staff |
Ten companies recently applied to the Federal Maritime Commission for licenses to operate as ocean f
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,645-$1,660 per ton lots & in warehouse min. 99.
COMEX METAL WAREHOUSE
JOC Staff |
Nov. 15, 1990 Copper Total, 8,502. Gold Total, .1,545,563.Silver Total, .258,112,108.
PETROCHEMICAL ACCIDENTS MAY DRIVE UP PREMIUMS
Pei-Tse Wu |
The recent rash of explosions at U.S. petrochemical plants is leading insurance companies to change
E AWARD-WINNING EXPORTERS RICKENBACKER INTERNATIONAL
JOC Staff |
DATE OF AWARD: "E" Award in November 1989.WHY THE AWARD WAS GIVEN:Rickenbacker has m
Maritime
US BANKS EXPECT UPHILL BATTLE TO SELL FACTORING IN HONG KONG
P.T. Bangsberg |
Two American companies unveiled Thursday a package they say could provide Hong Kong exporters with a
DOLLAR TRADE AWAITS SIGNAL OF RATE EASING
Knight-Ridder Financial |
The U.S. dollar eked out small gains against the deutsche mark in quiet trading Thursday. De
JAPANESE RICE FARMERS BRACE FOR IMPORT LIBERALIZATION
From Wire Reports |
In land-scarce Japan, the rice farmers of Hokkaido Island stand out like wealthy ranchers, their ext
INSURER CONUNDRUM: TO GO FEDERAL OR NOT?
Janet Aschkenasy |
Andre Maisonpierre, past president of the Reinsurance Association of America has an original take on
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
FUEL OIL DEALERS BLAST NYMEX OVER SPECULATION
Journal of Commerce Staff |
The New York Oil Heating Association issued a broadside against the New York Mercantile Exchange, ac
ENERGY BRIEFS
Wire and Staff Reports |
PRESIDENT BUSH SIGNS NEW CLEAN AIR ACTPresident Bush Thursday signed the new Clean Air Act,
JAPAN REPORTS 30.4 PERCENT DECLINE IN TRADE SURPLUS FOR OCTOBER
A.E. Cullison |
Japan's trade surplus fell sharply in October due to higher crude oil prices, Finance Ministry offic
Maritime
BRAZILIAN ECONOMIC CRISIS FORCES COCOA EXPORTERS TO RESTRUCTURE
Tom Murphy |
The Brazilian cocoa market appears to be undergoing a forced restructuringbecause of the cou
BASF TO PAY FINE FOR OHIO ACCIDENT
Journal of Commerce Staff |
BASF Corp. of Parsippany, N.J. agreed to pay a $1.06 million fine to settle alleged worker safety ru
GRAIN GLUT, SOVIET DOUBTS DIM US CORN SALES OUTLOOK
Samuel C. Nelson |
A worldwide glut of grain and cloudy prospects surrounding Soviet demand for U.S. corn are dimming h
SLOW CHINESE GRAIN TRADE LINKED TO CURRENCY CONCERNS
Knight-Ridder Financial |
Chinese grain and oilseed trading corporations have been unexpectedly slow to make commitments for
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