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IMF WON'T TAKE FUNDS FROM AFRICA FOR E. BLOC
Rosalind Rachid |
The International Monetary Fund will not dip into funds earmarked for Africa to support economic ref
COST OF CREDIT
JOC Staff |
Tue., Mar. 27, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
AVIATION BRIEFS
Wire and Staff Reports |
EASTERN REORGANIZATION, LOSS ESTIMATE REVISEDEastern Air Lines, citing weaker-than-expected
CORRECTION
JOC Staff |
American Airlines, a significant factor in the air cargo field, no longer operates freighter aircraf
BILL ARMBRUSTER'S TRADE TALK
Bill Armbruster |
THE INTERNATIONAL CHAMBER OF COMMERCE has delivered a stern warning to the 97 nations belonging to t
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
FRENCH FIRM SEEKS STAKE IN LTV UNIT
(Ap) |
A French steelmaker has expressed interest in buying a minority stake in LTV Corp.'s steel unit, LTV
Maritime
WORKER SHORTAGE FORCES SHIFT IN JAPANESE HIRING
A.E. Cullison |
Japan's major corporations are gradually discarding their traditional career- long employment system
Maritime
JAPANESE MAY OFFER TO ABANDON SATELLITES
A.E. Cullison |
Japan reportedly is planning to offer the Bush administration a final compromise under which it woul
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
JAPANESE POLITICS SEEN IMPEDING RETAIL REFORMJapan's current political situation precludes a
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
COCOA GROUP SEEN NEAR BUFFER STOCK ACCORDThe International Cocoa Organization is close to re
WORLDWIDE YARN OUTPUT ROSE 4.8 PERCENT IN 4TH PERIOD
Knight-Ridder Financial |
World yarn production rose 4.8 percent in the last quarter of 1989 compared with the third quarter,
Maritime
SPCC DECLARES FORCE MAJEURE ON ILO SHIPMENTS
Knight-Ridder Financial |
Southern Peru Copper Corp. Monday declared force majeure on shipments of blister copper to Minero Pe
CORRECTION
JOC Staff |
A headline on page 1A of The Journal of Commerce of March 26 should have said ''U.S. carriers push c
W. GERMAN LIBERALS OPPOSE 1-TO-1 OSTMARK CONVERSION
Knight-Ridder Financial |
The West German liberals Monday put pressure on the government not to consider converting ostmarks i
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
MACHINE TOOL ORDERS DOWN 31 PERCENT FROM 1989
Knight-Ridder Financial |
Net new orders for U.S. machine tools fell 3.4 percent in February to $194.6 million from January, a
PORT OF NY-NJ REVERSED DECLINE IN CARGO WITH 9.8 PERCENT GAIN IN '89
David F. White |
The Port of New York and New Jersey recorded a strong gain in the amount of oceanborne general cargo
Maritime
CONFERENCE LINES PLAY WAITING GAME
Journal of Commerce Staff |
An agreement to drive up ocean rates in the North Atlantic by limiting vessel space on the trade is
CROWLEY ASKS COURT RELIEF FROM BOND
Craig Dunlap |
A federal judge is expected to rule Wednesday on whether Crowley Maritime Corp. must post a large ca
SHIP INSURERS MAY IMPOSE NEW LIMITS
Edwin Unsworth |
Protection and indemnity clubs, the mutual insurers that provide the bulk of liability coverage for
TEXTILE IMPORTERS, CARRIERS SEE SERVICE CONTRACTS AS CRUCIAL
Bill Mongelluzzo |
Hanjin Shipping Co., one of the largest carriers in the eastbound trades from Asia to the United Sta
RAIL LABOR RIGHTS IN MERGERS TESTED
Allen R. Wastler |
The Supreme Court Monday said it would decide if railroads can ignore their union contracts when the
DOLLAR SOARS ON YEN AS GOLD PRICE PLUNGES HEAVY SALES IN MIDEAST TRIGGER FALL
Howard Simon |
Gold prices fell to six-month lows on major world markets Monday as investors sought "safe havens" i
PEOPLE - TRANSPORT
JOC Staff |
CONSOLIDATED FREIGHTWAYS PROMOTES J.D. COMBSMENLO PARK, Calif.- John D. Combs Jr. was named
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
8 SHIPPERS JOIN TO PUSH DOWN OCEAN RATES TO PUERTO RICO
Bruce Vail |
Frustrated by rising prices for shipping goods to Puerto Rico, eight American manufacturing companie
DOLLAR SOARS ON YEN AS GOLD PRICE PLUNGES UK POUND REBOUNDS FROM DEPTHS
Gordon Platt |
The dollar climbed to a 39-month high against the yen Monday, and foreign- exchange traders said the
AVIATION BRIEFS
Wire and Staff Reports |
SINGAPORE'S SIA SEEKS SWISSAIR-DELTA LINKUPSingapore Airlines, or SIA, is holding talks with
ENERGY BRIEFS
Wire and Staff Reports |
SEABROOK PLANT PASSES THE 5 PERCENT POWER POINTSEABROOK, N.H. - Seabrook nuclear power plant
FLORIDA UTILITY DENIES PLANS FOR FUEL SWITCH
Journal of Commerce Staff |
A Florida Power & Light Co. fuel official disputes oil market talk that the big utility was on the v
MARKETS AND MONEY
Albert L. Kraus |
A PACKAGE BOMB: THAT'S HOW WASHINGTON greeted Rep. Dan Rostenkowski's proposal to eliminate the budg
OFFICIALS DEBATE FEASIBILITY OF PREFLIGHT BREATH TESTS
Jeff Cole |
Mandatory preflight breath tests for pilots should be considered, say some officials reviewing this
IRAQ PLANS OIL DEVELOPMENT PROGRAM
Knight-Ridder Financial |
Iraq aims to increase its oil production capacity by an extra 1.5 million to 2 million barrels a day
AER LINGUS PLANS TO EXPAND SERVICE IN THE US WEST
Journal of Commerce Special |
Aer Lingus, Ireland's flag carrier, plans to expand freighter operations to more U.S. cities.
FINANCIAL BRIEFS
Wire and Staff Reports |
JAPAN ASKS US TO CUT CONSUMER SPENDINGJapan has asked the United States to put the brakes on
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FEDERAL EXPRESS ENTERS THE FOOD-TO-GO MARKET NEW CATALOG A BIG SUCCESS
Duncan Robinson |
Federal Express Corp. isn't a name that comes to mind when one thinks of publishing giants.
ECONOMIC DATA ABROAD
Wire and Staff Reports |
INDUSTRIAL PRODUCTION RISES 1.06 PERCENT IN FRANCEFrench industrial production, excluding co
EASTERN PACT FOR PILOTS WOULD CUT WAGES 25 PERCENT
From Wire Reports |
The leaders of Eastern Airlines' Pilots Union recommended Sunday that the membership accept a tempor
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