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OIL SPILL KEEPS HEAT ON US BILL
Bruce Vail |
Whatever new impetus is needed to get oil pollution and tanker safety legislation enacted in Congres
CANADIAN FOOD FIRM TO SHIP VIA NY
Bruce Vail |
A Canadian food conglomerate is changing the way it moves goods to Asian and Caribbean markets. It's
DOLLAR LIKELY TO STAY WEAK AFTER W. GERMAN SELL-OFF
Kevin Commins |
The dollar is likely to remain very weak following the surprise dollar-selling by the West German ce
LOWER SOUTH KOREAN WON BOOSTS FOREIGN DEPOSITS
Knight-Ridder Financial |
Foreign exchange deposits are increasing and trading companies are delaying export settlements on ex
ECONOMIC DATA ABROAD
Wire and Staff Reports |
TAIWAN INFLATION RATE PUT AT 4.41 PERCENT IN 1989TAIPEI, Taiwan - Taiwan's inflation rate ac
FINANCIAL BRIEFS
From Wire and Staff Reports |
VIETNAM SAYS WEST DELAYS NEEDED AIDHANOI, Vietnam - Vietnam, facing a major cutback in loans
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
AGENCY PLANS TO INSURE FIRST US JOB IN HUNGARY
Journal of Commerce Staff |
The Overseas Private Investment Corp. will sign today its first insurance contract ever for a U.S. b
NEWS SUMMARY
JOC Staff |
* Kevin Commins - Currency Forecast 3A * JofC Industrial Price Index 6A* Larry Kaufman - Ins
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
COST OF CREDIT
JOC Staff |
Fri., Jan. 5, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
THE ECONOMY
Wire and Staff Reports |
UNEMPLOYMENT RATE UNCHANGED LAST MONTHThe unemployment rate was unchanged in December from t
PLASTIC CARDS KEEP YOUR BANK ACCOUNT CLOSE AT HAND
Mike Shoup |
You've heard the ad; we've all heard the ad: The American Express card. Don't leave home without it.
'89 ECONOMY OF ISRAEL WAS STAGNANT
From Wire Reports |
Israel's economy, battered by the Palestinian uprising, was stagnant for a second straight year in 1
ROMANIA FACES THE REBUILDING OF A BROKEN ECONOMY
Chicago Tribune |
Oranges, originally bought to feed Romania's elite, have gone on sale in Bucharest stores for the fi
WORLD BANK AGENCY INKS FIRST INSURANCE CONTRACT
Richard Lawrence |
A World Bank agency announced Thursday its first investment insurance undertaking. The Multi
AETNA TO CHALLENGE MASS. AUTO RATES
Journal of Commerce Special |
Aetna Casualty & Surety Co. appeared Thursday to stand alone in its court challenge to state-set aut
ITT HARTFORD INCREASES DISCOUNTS ON AUTO INSURANCE PREMIUMS
Journal of Commerce Staff |
ITT Hartford Insurance Group has stepped up discounts and added a new one for automobiles equipped w
PA. AUTO RATE HEARINGS SLATED
Journal of Commerce Special |
The Insurance Department will hold hearings in January on automobile insurance rate increase request
FIRMER MARKET IN '90 COULD BOOST ILLINOIS EXCHANGE
Kevin Commins |
The Illinois Insurance Exchange expects to see serious growth in 1990 if insurance companies begin t
INSURANCE BRIEFS
From Wire and Staff Reports |
MISSION REINSURERS WIN COURT VICTORYSome 144 reinsurers involved with the liquidation of Mis
JARDINE BUYS CANADIAN BROKER ONLY WEEKS AFTER US DEAL
P.T. Bangsberg |
After two acquisitions in the U.S. insurance market, the Jardine Matheson Group is making its first
NEW YORK HEALTH INSURERS GRANTED HIGHER RATE HIKES THAN REQUESTED
Lorraine Iannello |
The New York State Insurance Department has granted higher health insurance rates than health insure
PHILA.'S LARUE PRAISED FOR PILOTING PORT THROUGH STORMY ERA
Gary Cohn |
To hear maritime leaders tell it, port official John P. LaRue's ship is about to come in. Mr
Maritime
THAI GOVERNMENT PRESSED TO AVERT RENEWED PORT DELAYS
P.T. Bangsberg |
Fears are growing in Thailand of a resurgence of the congestion that plagued its main port last year
Maritime
BALTIMORE TO CLOSE 2 OFFICES IN FAR EAST
WILLIAM DiBENEDETTO |
In a budget-cutting move, the Maryland Port Administration is phasing out the operation of the Port
Maritime
MARITIME CALENDAR
JOC Staff |
Society of Marine Consultants. Jan 10. New York. Special luncheon seminar on ''Equal Rights for Safe
Maritime
ASIAN SHIPPERS CALL FOR BOYCOTT OF CONFERENCE TARIFF CHANGES ANGER COUNCILS
Jacob Daniel |
Shippers councils in Singapore and Malaysia are urging a boycott of lines belonging to the Far Easte
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Jan. 4, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
CLOSURE OF ARTHUR KILL HITS NY OIL, GASOLINE DISTRIBUTORS
Sam Glasser |
Beleaguered fuel oil and gasoline distributors in New York harbor were hit with another blow Thursda
PITTSTON, JAPAN TO BEGIN TALKS ON EXPORT PACTS
Tim Sansbury |
Pittston Co. representatives are headed to Japan next week for what apparently will be the first rou
ENERGY BRIEFS
From Wire and Staff Reports |
ARCHER DANIELS SELLS ETHANOL TO BRAZILDECATUR, Ill. - Archer Daniels Midland Co. sold a "sub
SUPPLIES OF DISTILLATE, GASOLINE FALL AS PROBLEMS HIT GULF COAST REFINERIES
Journal of Commerce Staff |
Distillate and gasoline inventories decreased as accidents and operational problems took their toll
MAXUS OKS INCREASE IN EXPLORATION BUDGET
Journal of Commerce Staff |
Maxus Energy Corp.'s board approved an exploration and development program budget of $320 million fo
REPORT PRESENTS OPTIONS FOR SITES OFF FLA., CALIF.
(Ap) |
A federal task force recommends a wide array of options for oil development at three controversial o
VOLCANO AGAIN DISRUPTS ALASKAN AIR TRAFFIC
(Ap) |
Redoubt Volcano slipped into slumber after gushing ash and steam 8 miles high, but air traffic remai
Air Cargo
PAN AM PROTESTS TWA SALE OF ROUTE
(Ap). |
Pan Am Corp. has asked the Department of Transportation to block the sale ofTrans World Airl
Air Cargo
PORTLAND AIRPORT SPURS CARGO GROWTH IN PACIFIC NORTHWEST
John Davies |
Air cargo volumes at the Pacific Northwest's major airports continued to grow during 1989, with Port
Air Cargo
EASTERN, USAIR PLAN GATE SWITCH
Journal of Commerce Staff |
Eastern Air Lines and USAir have agreed to switch several gates here, pending approval of a bankrupt
Air Cargo
AVIATION BRIEFS
From Wire and Staff Reports |
JAL, OTHERS CONSIDER ALL-CARGO AIRLINEJapan Airlines is considering establishing Japan's fir
Air Cargo
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