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ECONOMIC DATA ABROAD
Wire and Staff Reports |
W. GERMANY'S GNP INCREASED 4 PERCENT IN 1989FRANKFURT, West Germany - West Germany's real gr
BALTIC FREIGHT INDEX
JOC Staff |
1652 (Jan. 10, 1990) Previous day - 1644 The Baltic International Freight Futures Market in
Maritime
PROPERTY/CASUALTY GROUPS PICK NEW OFFICERS AT JOINT CONFERENCE
Cristina Lee |
New officers were named to three major property/casualty insurance organizations during the joint in
CALIF. GOVERNOR PROMISES AUTO COMPROMISE
Jerry Goldberg |
In his annual state of the state address, California Gov. George Deukmejian indicated that he and As
HEATING OIL, GASOLINE STOCKS FALL DESPITE INCREASED REFINERY USE
Journal of Commerce Staff |
Primary inventories of distillate fuel oil, used for home heating, and gasoline were drawn down furt
HAIGHT, GARDNER RELOCATES OFFICES
Journal of Commerce Staff |
The law firm of Haight, Gardner, Poor & Havens, New York, which handles maritime regulatory cases, h
Maritime
FREEZE PUTS BRAZIL CRISIS ON ICE, BUT CITRUS GLUT SEEN INEVITABLE
James Bruce |
The December freeze in the Florida orange groves should guarantee Brazilian citrus growers and proce
MOBAY, CALGENE TO DEVELOP HERBICIDE-TOLERANT CROPS
Pei-Tse Wu |
Mobay Corp. of Pittsburgh, Pa., and Calgene Inc. of Davis, Calif., announced Tuesday anagreement to
COMMODITY BRIEFS
From Wire and Staff Reports |
RJR'S DEL MONTE UNIT SOLD TO MERRILL GROUPRJR Nabisco Inc. announced the completion of its a
MAERSK PRESIDENT LAUDS NAVY CONTRACT DECISION
Journal of Commerce Staff |
Maersk Inc. said Wednesday that the Navy's Military Sealift Command had acted wisely in splitting a
Maritime
IRANIAN OFFICIAL: TANKER REJECTION MAY CAUSE MORE OIL TO SPILL
(Ap) |
The head of Iran's tanker operations said that its damaged ship in the Atlantic is in danger of spil
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Jan. 10, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
KOREAN BUSINESS URGED TO UPGRADE TECHNOLOGY
From Wire Reports |
South Korean President Roh Tae Woo Wednesday called on the business community to develop advanced te
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
FRANCE TO LIBERALIZE INVESTMENT RULESFrench Economic Minister Pierre Beregovoy Wednesday pre
MARITIME BRIEFS
From Wire and Staff Reports |
CARRIER GROUPS END SURCHARGES AT 2 PORTSShipping lines operating between Japan and the Middl
Maritime
AMERICAN INCREASES SOME CARGO RATES
Journal of Commerce Staff |
American Airlines is raising rates for hauling cargo between airports, the company said in a release
Air Cargo
SOYBEAN FUTURES TRADERS INDICTED IN FRAUD PROBE LIKELY TO CHALLENGE TAPES
From Wire Reports |
Defense lawyers will likely challenge secretly taped conversations in the massive fraud probe of the
DOLLAR MIXED ON REPORTS THE FED SOLD DEUTSCHE MARKS FOR YEN
Knight-Ridder Financial |
The dollar traded mixed Wednesday, after rising from early lows on reports that the Federal Reserve
TEXAS EXPORT EXPERTS HELP SMALL COMPANIES EXPAND OVERSEAS
Dallas Morning News |
Charlie McKinney's business started with a sketch on a paper napkin. What he drew became the
Maritime
CORRECTION
JOC Staff |
In the story headlined "Sedgwick Regroups For Global Aims," which appeared on Page 13A in The Journa
GRAND TRUNK,ENGINEERS MAP DETAILS OF PACT
Lawrence H Kaufman |
A new three-year agreement between Grand Trunk Western Railroad and the Brotherhood of Locomotive E
Rail News
TOKYO STOCKS, YEN FALL ON POLITICAL RUMORS
From Wire Reports |
Tokyo stocks tumbled Tuesday on rumors linking the ruling Liberal Democratic Party to a stock scanda
CHINESE, SOVIETS BUY US WHEAT
From Wire Reports |
China has bought an additional 300,000 metric tons of U.S. wheat under a price subsidy program, the
1992 - THE EUROPEAN COMMUNITY ROUNDUP. WEEK OF JAN. 8
JOC Staff |
The EC Commission said Tuesday it had closed an anti-competition case against the U.S. soft-drink ma
Maritime
CORRECTION
JOC Staff |
A story that appeared in The Journal of Commerce Jan. 8 on Page 1B under the headline, "Manila Boxpo
Maritime
BEIJING RENEWS CALL FOR THRIFTY LIVING
(Ap) |
China told its 1 billion people Tuesday that a 16-month-old austerity drive was not aimed at loweri
NEW SERVICE IS SEEN AS BOON TO BUSINESS
Allen R. Wastler |
The Port of Hampton Roads, Va., soon will boast double-stack trains, special intermodal trains that
Maritime
BRAZIL GIVEN ULTIMATUM TO SHIP SUGAR TO US
Knight-Ridder Financial |
U.S. Trade Representative Carla Hills Tuesday said Brazil's problems shipping sugar to the United St
EUROTUNNEL 'NEARS ACCORD' ON PROJECT'S COST OVERRUNS
Journal of Commerce Staff |
Eurotunnel, the Anglo-French Channel Tunnel group, said Tuesday it is ''getting closer to a deal" wi
Rail News
US DOLLAR ENDS HIGHER ON TECHNICAL FACTORS
From Wire and Staff Reports |
The dollar rose Tuesday in what most dealers called a technical consolidation after recent weakness.
SOVIETS URGE BIG OVERHAUL OF COMECON
(Ap) |
The Soviet Union Tuesday proposed that the Comecon trading bloc begin trading on a hard currency bas
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
'WORLD CAR' IDEA REDEFINED FOR '90S
From Wire Reports |
Industry leaders say the idea of a "world car" may finally come to fruition in the 1990s, but its de
TAIWAN BRACES FOR CLASH OVER NAPHTHA CRACKER
P.T. Bangsberg |
Work on a long-stalled naphtha cracker in the southern Taiwanese city of Kaohsiung is likely to get
MITSUBISHI UNIT'S SALES SOAR
From Wire Reports |
Mitsubishi Motor Sales of America Inc. said passenger car sales in December totaled 13,941 units, a
CANADIAN ANALYSTS PESSIMISTIC ON '90
Leo Ryan |
Analysts expect underwriting results for Canada's property/casualty industry to deteriorate further
USERS WANT QUOTAS HIKED
From Wire Reports |
A leading association of sugar users asked the Agriculture Department Monday to raise U.S. sugar imp
COMMODITY BRIEFS
From Wire and Staff Reports |
US TRADE AID: NO DATE FOR USSR GRAIN TALKSORLANDO, Fla. - Contrary to statements by U.S. Tra
SHIP INDUSTRY BACKS CLOSING OF LOOPHOLE IN JONES ACT DOES FUEL OIL BLENDING CREATE NEW PRODUCT?
WILLIAM DiBENEDETTO |
A proposed change to the Customs Service's policy on fuel oil blending operations would close a nett
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1644 (Jan. 9, 1990) Previous day - 1637 The Baltic International Freight Futures Market in L
Maritime
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