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ITALY VOWS TO CURB PUBLIC SPENDING
Knight-Ridder Financial |
The Italian government has pledged to curb public spending following the realignments of the lira wi
ENERGY BRIEFS
Wire and Staff Reports |
BRITISH GAS TO LAUNCH US DRILLING VENTURESBritish Gas PLC is to launch its first exploration
KOREAN YARDS' ORDERS INCREASED 14 PERCENT IN 1989 STRONG GROWTH EXPECTED IN '90
Robin Bulman |
Shipbuilding orders received by South Korean yards increased 14 percent last year to 147 vessels tot
Maritime
LOWER COCOA PRICES FORECAST UNTIL '92
Blair Pethel |
Confidential International Cocoa Organization documents set out four scenarios for cocoa output and
BROKEN HEALTH BENEFIT PLEDGES CAUSE OUTCRY
Chicago Tribune |
Workers across the country have come to rely on employers' health care assurances as entitlements ra
PEOPLE - INSURANCE
From Wire and Staff Reports |
JACKSONVILLE PORT AUTHORITY (Jacksonville, Fla.) - Dan Donaldson was hired as risk manager for the m
NY WATERWAY REOPENS
Knight-Ridder Financial |
The Arthur Kill waterway, which had been closed since Wednesday due to a leak in an Exxon heating oi
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
FERRUZZI GROUP REALIGNS US OPERATIONFerruzzi Group announced the realignment of its New Orle
3 SHIPPING LINES TO DROP VERACRUZ PORT OF CALL
Journal of Commerce Special |
Compagnie Generale Maritime, Atlantic Container Line and Hapag-Lloyd AG plan to remove the Mexican
Maritime
DISCARDED MEDICAL EQUIPMENT FINDS 2ND HOME IN 3RD WORLD
Gordon Mckibben |
A forklift truck loaded with an ultrasonic cardiograph moves through a big warehouse, down a long co
Maritime
1989 CARGO ROSE 5.4 PERCENT AT BREMEN/BREMERHAVEN PORTS LOOK EAST FOR BUSINESS
Miriam Widman |
The linked ports of Bremen and Bremerhaven posted a combined 5.4 percent increase in volume last yea
Maritime
PORT EAST, BFT START OPERATIONS UNDER MERGER
Gregory S. Johnson |
The last time Edwin F. Hale and Steven T. Jones worked together, the two were teen-age kitchen boys
Transport, Trade and Regulation News
CORRECTION
JOC Staff |
Tom Olsen is the country manager in Bangkok, Thailand, for American President Lines Ltd. Mr.
Maritime
ROCKWELL VIDEOS TRAINING DEALERS
Journal of Commerce Staff |
Two new videotapes are available from Rockwell International Corp.'s Automotive Operations to provid
Trucking News
KLM ORDERS 2 BOEING FREIGHTERS
Journal of Commerce Staff |
KLM Royal Dutch Airlines has predicted average annual growth in its cargo business of 8.5 percent up
Air Cargo
SPOT PRODUCT PRICES
JOC Staff |
Jan. 8, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
BRAZIL HOPING ETHANOL IMPORTS STAVE OFF CRISIS
James Bruce |
Hobbled byenvironmentalist's protests against methanol imports, Brazil's struggle against a looming
CRUCIAL BANK TALKS, SUIT FACE EUROTUNNEL
Edwin Unsworth |
Eurotunnel, the English-French consortium building the first tunnel across the English Channel, will
COMMODITY BRIEFS
From Wire and Staff Reports |
TIN PRODUCERS TO MEET TO FIX EXPORT QUOTASKUALA LUMPUR, Malaysia - The seven-member Associat
PA. INSURERS GET NOD TO OPERATE IN THE UK
Edwin Unsworth |
Life insurance companies from the Commonwealth of Pennsylvania were granted blanket approval Monday
ORANGE JUICE PRICES CONTINUE TO SKYROCKET
From Wire and Staff Reports |
Prices for spot delivery frozen concentrated orange juice futures skyrocketed Monday - more than two
CHINA SAYS WORLD BANK MOVES TO RESTORE LOANS
From Wire Reports |
A Chinese central bank official said Monday the World Bank was actively studying a resumption of loa
OFFICIALS DISPUTE ALASKA'S FORECAST OF MORE BIG SPILLS
From Wire and Staff Reports |
Oil and shipping industry officials Monday dismissed as improbable a report by the state of Alaska
Maritime
STRONG MARK DEMAND PUSHES DOWN DOLLAR
Knight-Ridder Financial |
The U.S. dollar declined broadly Monday on relentless demand for the deutsche mark, as the U.S. prim
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
NJ JOBLESS RATE FELL IN DECEMBER
(Ap) |
The unemployment rate dropped 1.5 percentage points in New Jersey last month, while going up slightl
STEELWORKERS CHIEF SEES BETTER TIMES UNION STILL FACES HURDLES
From Wire Reports |
The United Steelworkers of America lost nearly half of its members in the 1980s, and it faces a diff
THE ECONOMY
From Wire and Staff Reports |
UNPAID CONSUMER CREDIT HITS $4.24 BILLIONU.S. consumers took on $4.24 billion more in consum
PEOPLE - SHIPPERS AND THIRD PARTIES
From Wire and Staff Reports |
BELT'S WHARF WAREHOUSE INC. (Baltimore) - David Baird was named vice president and will lookto expan
Transport, Trade and Regulation News
NO PRIVACY SHIELD FOR CORDLESS PHONES
From Wire Reports |
The Supreme Court let stand Monday a ruling that cordless telephones fall outside the constitutional
PANAMA CANAL EMPLOYEES ASK GOVERNMENT TO SOLVE LEGAL WOES
From Wire Reports |
Panama Canal workers have asked their new government to act quickly to solvefinancial and le
Maritime
AVONDALE LAYS OFF 300 YARD WORKERS
Janet Plume |
About 300 workers at Avondale Industries Inc. received pink slips Friday in the first of what may be
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
SUGAR FREEZE DAMAGE SEEN AT 150,000 TONS
Knight-Ridder Financial |
U.S. sugar losses stemming from last month's severe freeze in Texas and Florida are likely to total
MOSCOW OPPOSES DISBANDING COMECON
(Ap) |
Parts of Comecon are obsolete and need radical changes, but the Soviet Union opposes disbanding the
Maritime
QUOTA WATCH
JOC Staff |
Textile Quotas to Watch as of 1/5/90* PercentageCountry Category Description FilledB
Maritime
NEWS SUMMARY
JOC Staff |
* Albert L. Kraus - Markets and Money 3A * Import Quota Watch 4A* Edwin Unsworth - Europe Vi
MORE FLEXIBILITY SEEN IN WORK SCHEDULES
(Ap) |
Flexible work schedules will become more commonplace during the 1990s, along with job sharing and wo
ROEFEX STRUGGLES TO BOOST FUTURES TRADING VOLUME TURNOVER FALLS FROM 1ST MONTH
Stewart Taggart |
The Rotterdam Energy Futures Exchange, already suffering from falling trade volume, faces the diffic
SAUDI ARAMCO FINDS OIL, GAS
(Ap) |
Saudi Arabian Oil Co. announced Sunday the discovery of an oil and natural gas field, the third fin
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