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INTERNATIONAL BRIEFS
Wire and Staff Reports |
VW BACKS EC QUOTAS ON JAPANESE AUTOSThe European Community should establish quotas on Japane
Maritime
FAA ASKS FORWARDERS TO TIGHTEN SECURITY
Ira Breskin |
The Federal Aviation Administration is taking unprecedented steps to ensure interception of suspicio
DREXEL WINDING DOWN OPERATIONS IN LONDON
Knight-Ridder Financial |
Beleaguered Drexel Burnham Lambert is closing out its commodities trading operations in London, sour
TWO BARGE LINES DROP WILMINGTON, NC, PORT FROM PUERTO RICO RUN
Craig Dunlap |
The North Carolina State Ports Authority appears to be improving its battered image in the maritime
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
CANAL PANEL REVISES ENGINEER LICENSE RULESThe Panama Canal Commission is revising its rules
Maritime
ICC: PA. COMPANY CANNOT AVOID STATE REGULATION
Leo Abruzzese |
The Interstate Commerce Commission warned a Pennsylvania trucking company that it cannot avoid stric
FREIGHT RATE FUTURES
JOC Staff |
Feb. 14, 1990 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
STYRENE PRODUCTS CONSUMPTION SEEN GROWING THROUGH 1993
Journal of Commerce Special |
Styrene monomer consumption in the United States is expected to grow by anaverage of 3.8 per
ENERGY BRIEFS
From Wire and Staff Reports |
SOVIET UNION TO REDUCE OIL EXPORTS TO POLANDWARSAW, Poland - The Soviet Union is to cut firs
EC HITS PROPOSAL OF UTA TAKEOVER
Knight-Ridder Newspapers |
The European Commission has objected to Air France's takeover of Union de Transports Aeriens as a pr
NO ACCORD ON D&H
David M. Cawthorne |
The trustee for the bankrupt Delaware & Hudson Railway started shutting the carrier down Wednesday a
BRAZILIAN PRESIDENT-ELECT DECLARES WAR ON INFLATION
From Wire Reports |
Brazilian President-elect Fernando Collor de Mello said Wednesday his government would declare a "st
US MANEUVERS TO OVERTHROW ILA'S BOWERS
Bruce Vail |
The federal government moved Wednesday to take over six New York area units of the International Lon
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US DOLLAR DRIFTS LOWER, PARTICULARLY ON THE MARK
Knight-Ridder Financial |
The U.S. dollar drifted lower Wednesday, particularly against the deutsche mark, in a quiet market.<
DEBT NEGOTIATORS TO MEET IN CARACAS OFFICIALS PLAN TO TRADE NOTES
Knight-Ridder Financial |
Foreign debt negotiators from five developing countries will meet in Caracas Feb. 23-24 to discuss s
SALVADORAN COFFEE STAYS ON SHIP IN SEATTLE
Journal of Commerce Staff |
Agents for a ship carrying Salvadoran coffee left aboard because of political protests in other port
Maritime
US, CANADA SETTLE TRAILER DISPUTE
Journal of Commerce Staff |
U.S.-built semi-trailers over 48-feet long will be permitted on Ontario roads under an agreement rea
PACCAR TAKES EARLY LEAD IN 1990 HEAVY TRUCK SALES
Michael S. Lelyveld |
Paccar Inc. passed rival Navistar International Transportation Corp. last month and pulled into the
JAPANESE SOY CRUSHERS FACE UNCERTAIN FUTURE
Knight-Ridder Financial |
Japan will ease the tariff on foreign edible oil imports beginning in April 1991, according to rumor
CONSTAR EXPANDS IN EUROPE
Journal of Commerce Staff |
Constar International Inc., of Chattanooga, Tenn., a plastic container manufacturer, announced that
GOVERNOR OF OHIO TOUTS SALES TO USSR
Mark D. Berniker |
Ohio Gov. Richard Celeste is urging business- people from his state to get out and try exporting to
Maritime
TIM SANSBURY'S INSIDE TALK ON COAL
Tim Sansbury |
MOST UTILITIES WOULD PREFER TO STAY AWAY, far away, from sulfur emissions hit- lists offered to Cong
AIR DEREGULATION SAID TO AID CONSUMERS
Knight-Ridder Financial |
The U.S. airline industry offers more service to more cities and at lower cost than when it was unde
US TEXTILE PLAN ENRAGES IMPORTERS
Rosalind Rachid |
U.S. importers and retailers are accusing the Bush administration of speaking with a forked tongue i
SHIP EXXON VALDEZ'S AUTOPILOT WAS OFF, STAR WITNESS TESTIFIES
(Ap) |
The prosecution's star witness in the Joseph Hazelwood trial said Wednesday the tanker Exxon Valdez'
Maritime
NEGOTIATORS PROGRESS TOWARD ABOLISHING SHIPYARD SUBSIDIES
Barbara Casassus |
Industrialized nations meeting in Paris Tuesday and Wednesday made strong headway toward eliminating
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1578 (Feb. 14, 1990) Previous day - 1579 The Baltic International Freight Futures Market in
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
LIFFE TO LAUNCH OPTION ON EUROMARK FUTURESLONDON - The London International Financial Future
CARBIDE TO SELL 2 PLANTS TO JAPANESE COMPANY
(Ap) |
Union Carbide officials said Tuesday they intend to sell two polysilicon plants to Kamatsu Electroni
COFFEE GETS MORNING LIFT ON DREXEL SHORT-COVERING
From Wire and Staff Reports |
Coffee futures perked up Wednesday morning, on commission-house short- covering particularly by Drex
NATURAL GAS USE INCREASES IN NORTH AMERICA, EUROPE
Journal of Commerce Special |
Natural gas consumption in Europe and North America increased by 11.2 percent last year, the United
AUSTRALIAN INSURER POISED TO TAKE OVER FOREMOST OF MICH.
Vincent W. Stove |
Australia's FAI Insurances has declined to rule out the possibility of a complete takeover of U.S. i
SENATOR RIPS PENSION RAIDING BY CORPORATIONS
(Ap) |
Sen. Howard Metzenbaum, D-Ohio, has leveled criticism at "pension raiding" by corporations that term
BIG FRENCH INSURER BUYS SPAIN'S GENERAL EUROPEA
Barbara Casassus |
Union des Assurances de Paris, or UAP, and Compagnie Generale des Eaux have acquired Spanish emergen
EXPORT BRIEFS
Wire and Staff Reports |
US, S. KOREA TO FORM COOPERATION COUNCILThe U.S. and South Korean governments have agreed to
Maritime
US TEXTILE TRADE PLAN MAY AID INDIAN EXPORTS
Neel Patri |
America's proposed changes in world textile trade would help countries like India push exports to th
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
POLAND BEGINS TALKS ON EASING DEBT BURDENPoland began talks with its Western creditors here
A HONG KONG WATCH 'MADE IN SWITZERLAND'?
P.T. Bangsberg |
Hong Kong watches could soon be marked: "Made in Switzerland." Hong Kong manufacturers are p
AVIATION BRIEFS
From Wire and Staff Reports |
AIRBUS ENGINES CHOSEN BY ANSETT AIRLINESEVENDALE, Ohio - Ansett Airlines has chosen the CFM5
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