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NEW PLAYER HEATS UP FIGHT FOR LNG SHIPS
WILLIAM DiBENEDETTO |
There's a new player in the liquefied natural gas vessel purchase game, and it's upped the ante dram
CADBURY SCHWEPPES PROFIT UP 16.4 PERCENT
Knight-Ridder Financial |
U.K. confectionery and soft drinks group Cadbury Schweppes said Wednesday its pretax profit rose 16.
BRAZIL'S FIRM STANCE ON COFFEE THWARTS PACT REVIVAL EFFORTS
Andrea Privitere |
Attempts by several of the world's leading coffee producers to formulate proposals for a new coffee
MEXICAN PROCESSORS MAY IMPORT
Lindajoy Fenley |
Mexico's two largest processors of decaffeinated coffee are looking to import between 300,000 and 40
COCOA FUTURES CONTINUE TO TRADE SHARPLY HIGHER
Knight-Ridder Financial |
Cocoa futures continued to trade about $30 higher Wednesday although traders were apprehensive about
MALAYSIA, PHILIPPINES ADD PETROCHEMICAL CAPACITY
Jacob Daniel |
Petrochemical capacity in Southeast Asia is being rapidly increased, with announcements almost daily
COMMODITY BRIEFS
From Wire and Staff Reports |
GHANA ARGUES AGAINST COCOA-PRODUCING CARTELACCRA, Ghana - The formation of a cocoa-producer
NEW JAPANESE MINISTER QUERIES RICE IMPORT BAN
From Wire Reports |
Japan's newly appointed agriculture minister Wednesday questioned the country's ban on commercial ri
PEOPLE - COMMODITY
From Wire and Staff Reports |
CONAGRA INC. (Omaha) - Robert H. Peyton was named president of the international agribusiness' Easte
SOYBEAN FUTURES RISE ON RALLY IN SOYOIL PITS
From Wire and Staff Reports |
Soybean futures were moderately higher Wednesday in response to a surge in the price of soybean oil
IRAN TO INCREASE PETROCHEMICAL OUTPUT
Knight-Ridder Financial |
Iran is expected to produce more than 3 million tons of petrochemicals in the year starting March, u
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago2/28 2/27
COMMODITY BRIEFS
From Wire and Staff Reports |
FRANCE'S MATIF UNVEILS 3-MONTH PIBOR OPTIONSFrance's financial futures exchange, Matif, anno
PRICE OF MEMBERSHIP ON CBT STABILIZES
Knight-Ridder Financial |
Two full memberships at the Chicago Board of Trade Tuesday changed hands at $325,001 and then $325,0
S. KOREA LOOSENS FUTURES REGULATIONS
Knight-Ridder Financial |
South Korean companies will be allowed to buy the total volume of their planned overseas futures tra
COMPRESSED GAS STATION FOR AUTOS OPENS IN CALIF.
Arthur Gottschalk |
The first service station in California retailing compressed natural gas for automotive use opens to
US BROKERS DEFY TOKYO LIMIT REQUEST FUTURES MARKET FEUD BREWING
Larry Holyoke |
Traders in the Japanese futures market, both domestic and foreign, see a feud brewing between the To
PACIFIC POWER & LIGHT POSTS RISE IN SALES
Journal of Commerce Staff |
PacifiCorp's Pacific Power & Light unit said kilowatt-hour sales increased 6 percent for the fourth
COAL BRIEFS
Wire and Staff Reports |
ROBERT GENTILE ASSUMES FOSSIL ENERGY POSITIONRobert Gentile was sworn in as the Energy Depar
CHINA WINNING WAR ON CREDIT DESPITE CAUTION FROM JAPAN
From Wire Reports |
World Bank approval of a second loan to China, after a moratorium following the June 1989 military c
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
Wire and Staff Reports |
E. GERMAN BANK CHIEF SEEKS MORE LATITUDEFRANKFURT, West Germany - The head of East Germany's
POSTAL SERVICE MAY REQUEST 3RD AIRMAIL PACT EXTENSION
Ira Breskin |
The United States Postal Service likely will seek a third extension of its domestic airmail system c
ENERGY BRIEFS
Wire and Staff Reports |
EGYPT CUTS OIL PRICES BY 60 CENTS A BARRELCAIRO, Egypt - Egypt is cutting crude oil export p
ECONOMIC DATA ABROAD
Wire and Staff Reports |
FRENCH TRADE DEFICIT SHOWS SHARP DECLINEFrance recorded a seasonally adjusted trade deficit
COST OF CREDIT
JOC Staff |
Wed., Feb. 28, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
JAPAN'S INSURANCE RATES SLOW AUTO IMPORTS
Cristina Lee |
Sales of imported cars in Japan are up and show promise of growing in the 1990s, but Japanese insura
EUROPEAN EXPEDITE LOOKS TO FLY AGAIN
Phillip Hastings |
European Expedite, the troubled European wholesale air express carrier based in Brussels, has been t
CANADIAN AIRLINES SEEKS US ALLIANCES
From Wire Reports |
Canada's second-largest airline, Canadian Airlines International Ltd., is negotiating alliances with
NEWS SUMMARY
JOC Staff |
* Trading With Czechoslovakia 4A * Tom Connors - Washington 8A* Chemical Industry Pushes Ele
VA. AGENTS OPPOSE BILL TO LET BANKS SELL COVER
From Wire Reports |
The House of Delegates, Virginia's lower house, passed a bill Wednesday that would give banks in the
HOW TO SPOT SUSPECT SHIPMENTS
Journal of Commerce Staff |
The Commerce Department's Bureau of Export Administration offers these tips to exporters and freight
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
INSURERS TO FOOT BILL IN COPPER MINE CLOSUREMELBOURNE, Australia - Australia's Bougainville
US REAL ESTATE FIRM OPTIMISTIC ON DOING BUSINESS OVERSEAS
William Armbruster |
German unification is coming at just the right time for Tishman Speyer Properties Inc., a New York-b
EXPORT BRIEFS
Wire and Staff Reports |
KAIFU PLEDGES EFFORT TO EASE US RELATIONSPrime Minister Toshiki Kaifu said Wednesday that Ja
Maritime
US FIRM BEEFS UP HONG KONG OPERATIONS
P.T. Bangsberg |
A surge in regional business has prompted American computer-component maker Western Digital Corp. to
Maritime
MALL INSURERS SETTLE WITH RAMPAGE VICTIMS
Knight-Ridder Newspapers |
Insurance companies for Springfield Mall concluded a multimillion-dollar settlement Tuesday with the
COURT HEARING PENSION CASE LTV SUIT TESTING AGENCY AUTHORITY
(Ap) |
The nation's pension insurance agency has urged the Supreme Court to leave intact its ability to pre
MASS. BLUES MANAGEMENT IS CRITICIZED IN REPORT
Journal of Commerce Special |
Management decision-making by Blue Cross-Blue Shield of Massachusetts, as well as state regulation,
CALIF. SUPREME COURT URGED TO ACT ON PROPOSITION 103
Jerry Goldberg |
Harvey Rosenfield, chairman of the California consumer group Voter Revolt and author of Proposition
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