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JAPAN-EC TALKS TO AIR BILATERAL ISSUES
Knight-Ridder Financial |
Talks to be held here between a Japanese delegation and the EuropeanCommission on Jan. 10 ar
Maritime
FARM TRADE TALKS LIKELY TO FOCUS ON EXPORT SUBSIDIES
From Wire Reports |
Agriculture ministers from the world's leading food exporting nations meet in Florida this week to t
CHEMICAL BRIEFS
From Wire and Staff Reports |
GRAY PICTURE PAINTED OF CHEMICAL INDUSTRYA chemical industry analyst seconded the widespread
TRAFFIC BRIEFS
From Wire and Staff Reports |
FASTER ACTION SOUGHT ON OIL DELIVERIESThe Interstate Commerce Commission and the Department
Rail News
TRANSPORT CALENDAR
JOC Staff |
Traffic Club of Philadelphia, 82nd annual meeting and industry contact luncheon, Jan. 9. Contact: Pa
Air Cargo
CALIF. COALITION VOICES SUPPORT FOR NO-FAULT
Jerry Goldberg |
An ethnic minority and consumer group coalition led by the Consumers Union made an appeal Wednesday
TOP OF THE DAY TRY TO BALANCE SCALES BETWEEN LUCK, SKILL
Jane Elizabeth Allen |
A cardinal rule in business is: "Find out what's wrong and fix it; find out what's right and reinfo
MARKET ECONOMIES FACE A DECADE OF CHALLENGES
(Ap) |
Perhaps no decade this century has begun amid greater economic upheaval, challenge and potential tha
Maritime
PANAMA INVASION SOLVES PROBLEMS FACING CANAL, ADMINISTRATOR SAYS
From Wire Reports |
The U.S. invasion of Panama has solved serious problems that could have forced the temporary closure
Maritime
E. GERMAN FORESEES MORE UNREST UNLESS POLITICAL SPLINTERING ENDS
From Wire Reports |
A leading East German Communist warned Wednesday of new turmoil after planned free elections in May
Maritime
INVESTOR GROUP BUYS CHICAGO RAILROAD
Journal of Commerce Staff |
A new investor group associated with Anacostia & Pacific Co., a Chicago-based investment banking fir
Rail News
IVORY CARVERS JOIN ENDANGERED LIST
(Ap) |
Seated in his workshop where he has meticulously transformed elephant tusks into intricate ivory art
Maritime
SEA-LANDJUMP IN PROFIT SURPRISES ANALYSTS
Jon Jacobs |
Security analysts voiced surprise Wednesday at the sharp increase in fourth- quarter operating incom
PONTIAC SEES RISE IN MARKET SHARE
From Wire Reports |
General Motors Corp.'s Pontiac division said Wednesday it expects its domestic market share to rise
IBM'S INVOLVEMENT COULD BOOST SATELLITE TRACKING INTO ORBIT
Tony Seideman |
Despite the imminent entry of International Business Machines Corp. into the satellite tracking busi
RAIL EXECUTIVE HAS GOOD REPORT ON STATE OF INDUSTRY FOR 1989
Lawrence H Kaufman |
Despite a fall-off of freight traffic late in the year, "1989 was a pretty darn good year," accordin
Rail News
COMMODITY BRIEFS
From Wire and Staff Reports |
1989 VOLUME ROSE 20 PERCENT AT COTTON EXCHANGEThe New York Cotton Exchange set a record for
NY'S STATE-OWNED BUILDINGS TO BE MORE ENERGY EFFICIENT
Journal of Commerce Special (AP) |
All state-owned buildings in New York will have to improve energy efficiency by 20 percent by the ye
COMPANIES CUT PENSION, HEALTH PLANS
The Chicago Tribune |
The percentage of employers offering any kind of retirement plans has plunged during the last decad
VIETNAM SEEKS FOREIGN INVESTMENT IN TRANSPORT
Gary Aderman |
Seaports seem most likely to benefit from Vietnam's ambitious bid to boost its economy by enlisting
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
VIETNAM EXPECTS FIELD TO PRODUCE MORE IN '90HANOI, Vietnam - Vietnam produced around 10.2 mi
CLEANUP CREWS PREPARE FOR SLICK TO HIT MOROCCO
(Ap) |
A salvage firm Tuesday said it repaired an Iranian supertanker that spewed millions of gallons of cr
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
EAST GERMANY PLANS TO RAZE BERLIN WALLBONN, West Germany - The Berlin Wall is to be pulled d
Maritime
DOLLAR RISES SHARPLY AGAINST YEN
Knight-Ridder Financial |
The U.S. dollar rose sharply against the yen on the first trading day of 1990 while holding smaller
PRICES NARROWLY MIXED IN DEBT SWAP MARKET
Deborah Lutterbeck |
In a thin holiday trading week, secondary market prices for Third World debt were narrowly mixed, as
ICC CUTS MAXIMUM RCAF FREIGHT RATES
Howard S. Abramson |
The Interstate Commerce Commission has lowered the maximum rates railroads may charge shippers for t
Rail News
TUBES OF COCAINE FOUND ATTACHED TO HULL OF SHIP
From Wire and Staff Reports |
Cocaine worth $4.2 million was stashed in two waterproof tubes attached to the underside of a Colomb
Maritime
NCR SELLS BANKING SYSTEM TO CHINA
Journal of Commerce Staff (- P.T. Bangsberg) |
NCR Corp. has won a US$3 million contract from People's Bank of China, the central bank, for automat
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Credit Outlook 3A * Richard Lawrence - Trade Scene 8A* Richard Malkin - Air
LONDON INSURERS RESTORE PREMIUMS FOR PANAMA
Edwin Unsworth |
London insurers decided Tuesday to restore war risk premiums for cargoes carried on merchant vessels
MORTON INTERNATIONAL ACQUIRES DR. RENGER
From Wire and Staff Reports |
Morton International Inc. of Chicago said it acquired Dr. Renger GmbH & Co., a manufacturer of speci
BALTIC FREIGHT INDEX
JOC Staff |
1599 (Jan. 2, 1990) Previous day - 1592 The Baltic International Freight Futures Market in L
Maritime
PHOTO VENTURES COMPETING IN HUNGARY
Mark Berniker |
It used to take two, three or even four weeks to get a roll of film developed in Hungary. But with t
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
JAPANESE FIRMS COVET E. EUROPEAN MARKETSJapanese companies are rushing to stake their claims
Maritime
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 |
DEVELOPMENT BANK SETS LENDING RECORD IN 1989The Inter-American Development Bank last year ap
OTHER NATIONS LIKELY TO FOLLOW US IN SOFTENING STANCE ON CHINA
Lewis M. Simons |
World outrage over the Tiananmen Square brutality has been blunted by President Bush's attempts to r
OIL SPILL FOULS STATEN ISLAND BEACH
Journal of Commerce Staff |
A six-mile stretch of beach on Staten Island was fouled Tuesday morning when 5,000 gallons of heatin
CSX EARNINGS UP IN 4TH QUARTER, YEAR
Journal of Commerce Staff |
CSX Corp. earned $125 million, or $1.25 a share, in the 1989 fourth quarter on revenue of $2.03 bill
Rail News
OIL PRICES KEEP RISING, BUT AT A REDUCED RATE
Journal of Commerce Staff |
Oil prices continued fairly strong, but the intensity of the price increases was much abated from th
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