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AVIATION BRIEFS
Wire and Staff Reports |
IRAQI AIRLINES REFUSED BRITISH LANDING RIGHTSThe United Kingdom Wednesday refused an applica
CHINA RETURNS TO SUGAR MARKET
Penelope Hill |
After a two-year absence from international sugar markets, China has been actively buying small amou
MARITIME BRIEFS
Wire and Staff Reports |
KUWAITI-FLAG SHIP DETAINED IN HOUSTONThe Kuwaiti-flag vessel Al Mubarakiah is being detained
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1206 (Aug. 8, 1990) Previous day - 1188 The Baltic International Freight Futures Market in L
Maritime
PAPERLESS TRADING RISES AT 35 PERCENT RATE, PUBLISHER CLAIMS
Tony Seideman |
Retailers, automobile manufacturers, utilities and energetic implementation programs in Singapore an
TRADING WITH CENTRAL AFRICAN REPUBLIC RAIL LINK WOULD EASE TRADE FLOW
Duncan Robinson |
One of Africa's poorest countries is trying to pull itself up, and a proposed infrastructure investm
Maritime
INDIAN LINE JOINS SPACE SHARE PACT
N. VASUKI RAO and ALLEN R. WASTLER |
Shipping Corp. of India ended its direct container service at U.S. ports but will continue to move c
Maritime
CANADIAN PACIFIC POSTS 25 PERCENT DROP IN PROFIT
Leo Ryan |
Canadian Pacific Ltd. Wednesday reported second-quarter net income declined by 25 percent to C$101.6
LLOYD'S SETS WAR RISK RATES
JOC Staff |
Lloyd's joint war risk committee for hulls has added Saudi Arabia's Red Sea coast and the Gulf of Aq
PEOPLE - INSURANCE
Wire and Staff Reports |
ARKWRIGHT MUTUAL INSURANCE CO. (WALTHAM, Mass.) - Deborah A. Ostertag-Jennings was appointed assista
BRAZIL BRINGS BACK ITS SUGAR EXPORT LICENSING PROGRAM
Knight-Ridder Financial |
Brazilian President Fernando Collor de Mello Wednesday formalized the long- awaited return of direct
US, MEXICO TO PRESS AHEAD ON FREE TRADE PACT
Keith M. Rockwell |
The United States and Mexico moved closer to an accord that would reducebarriers to the flow
CRISIS BOOSTS CANADIAN DOLLAR
Leo Ryan |
As the Persian Gulf crisis has intensified, the Canadian dollar has gained strength while consumers
ECONOMIC DATA ABROAD
Wire and Staff Reports |
SINGAPORE GDP GREW 6.8 PERCENT IN 2ND QUARTERSingapore's gross domestic product grew by 6.8
FINANCIAL BRIEFS
Wire and Staff Reports |
WEAK DEMAND LIMITS JAPAN'S US NOTE SHAREA virtual absence of demand among institutional inve
S. KOREAN YARDS GET 3 NEW ORDERS IN JULY
Robin Bulman |
Three new orders received in July brought South Korea's total shipbuilding orders for the first seve
Maritime
FMC JUDGE WAIVES INCORRECT CARGO CHARGES
Journal of Commerce Staff |
A Federal Maritime Commission law judge agreed to waive nearly $11,000 in freight charges mistakenly
Maritime
FREEZE OF KUWAITI ASSETS TIES UP $100 BILLION IN WESTERN HANDS
From Wire Reports |
A broad freeze on Kuwaiti assets in Western hands has put in limbo some $100 billion in investments
PAN AM PLANS MIAMI EXPANSION
Journal of Commerce Staff |
Pan American World Airways will increase its flights out of Miami this winter with service to eight
SAM GLASSER'S INSIDE TALK ON ENERGY
Sam Glasser |
A BUYERS' BOYCOTT? What a nice twist. For once it was nice seeing the industrial nations act
OCCIDENTAL TO FORM COMPANY IN THAILAND
Journal of Commerce Staff |
Occidental Chemical Corp. and Bangkok-based United Srichai Chemicals Co. Ltd. Tuesday said they reac
COST OF CREDIT
JOC Staff |
Wed., Aug. 8, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
EUROCRATS WORKING OVERTIME THIS YEAR
(Reuter) |
It's Brussels instead of Biarritz this year for scores of Eurocrats who have canceled holiday plans
Maritime
PHILADELPHIA'S MOVE TO MODERNIZE SPARKS WAR OF STEVEDORES
Allen R. Wastler |
You try to make your port a more appealing place for customers and what do you get for your trouble?
Maritime
ROUGH RACE LIKELY FOR GEORGIA CHIEF
Craig Dunlap |
The Republican and Democratic nominees for Georgia insurance commissioner set the mood for the gener
COMMODITY BRIEFS
From Wire and Staff Reports |
SEPTEMBER LAUNCH SEEN FOR CME NIKKEI TRADEThe Chicago Mercantile Exchange will begin pit tra
STATE CONTROL FAVORED NAIC REJECTS CRISIS WARNING
Jerry Goldberg |
The National Association of Insurance Commissioners dismissed the possibility that an insurance inso
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Aug. 8, 1990 Prevailing sellers' posted prices at the close of business, represent
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
DOLLAR MOSTLY HIGHER, BUT TRADING VERY THIN
Knight-Ridder Financial |
The U.S. dollar was mostly higher Wednesday afternoon as the volatile Middle East appeared to stabil
INDIA AIMS TO BOOST ENGINEERING EXPORTS
N. Vasuki Rao |
India's engineering sector, registering robust growth in exports, is aiming to hit the $2 billion ma
Maritime
TRADE BRIEFS
Wire and Staff Reports |
IMPORTS OF CHEMICAL HURT US COMPANIESBenzyl paraben from Japan may be causing economic damag
Maritime
DOUBLE HULLS GET MUCH SUPPORT
(Ap) |
A double hull creates a ship within a ship. It is two layers of steel, separated by a gap of air, ar
Maritime
COMPUTER TRACKS SEAWAY SPILLS
WILLIAM DiBENEDETTO |
St. Lawrence Seaway officials say their oil spill emergency response plan, which features sophistica
Maritime
MEXICO FEARS OIL CRISIS MAY LEAD TO US RECESSION
From Wire Reports |
Mexico, the world's seventh-largest oil producer, will see short-term gainsfrom rising crude
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
VINYL POLYMERS, ACRYLIC LATEXES Unocal Corp.'s Chemicals division will increase the price of
POOL SAYS FUEL CHARGES ARE STABLE, FOR NOW
TOM McNIFF Jr. |
New England electric utilities said that, despite wild fluctuations in world oil markets, it will be
ENERGY BRIEFS
Wire and Staff Reports |
ARCO FREEZES PRICES OF AUTO AND JET FUELAtlantic Richfield Co. Wednesday froze wholesale aut
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
POSTAL SERVICE SLATES CHANGES IN DELIVERY 1ST CLASS MAIL SERVICE TO BE CUT
Wire and Staff Report |
Some mail that used to get delivered the next day now takes a little longer. Anthony Frank,
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