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NEWS SUMMARY
JOC Staff |
* Gordon Platt - Credit Outlook 3A * EC 1992 Roundup 4A* Don C. Becker - Publisher's Noteboo
BETTER TIMES FORECAST FOR INSURANCE BROKERS
Edwin Unsworth |
Insurance brokers active in the United States can look forward to a positive impact on earnings as p
SEA CONTAINERS SELLING ASSETS TO HELP FIGHT TAKEOVER BID
Edwin Unsworth |
Sea Containers Ltd. announced Tuesday that its entire containership fleet and its dry cargo and tank
INSURANCE EARNINGS
JOC Staff |
BELVEDERE REPORTS $702,000 NET LOSSBelvedere Corp. reported a net loss of $702,000 for the t
OAKLAND APPOINTEE DEALS BLOW TO PORT
Mark Magnier |
In another setback for the Port of Oakland, the agency's newly appointed maritime director has decid
NYK LINE MAY ADD NEW SHIPS IN PACIFIC
John Davies |
With trans-Pacific freight rates at favorable levels, the Tokyo-based ship line Nippon Yusen Kaisha
CANADIAN RAIL LOOKS FOR US EXPANSION
Leo Ryan |
CP Rail hopes to expand markedly in the United States to take advantage of increased north-south fre
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US GETS TOUGH ON TEXTILE, APPAREL TRADE
Rosalind Rachid |
The United States has thrown down the gauntlet on textile and apparel trade, saying it will consider
THE ECONOMY
From Wire and Staff Reports |
LEADING INDICATORS UP 0.2 PERCENT IN SEPTEMBERU.S. leading economic indicators rose 0.2 perc
PUBLISHER'S NOTEBOOK
Don C. Becker |
There were more than a few raised eyebrows when the venerable Nedlloyd Lines BV of the Netherlands a
PACT REACHED ON HIKE IN MINIMUM WAGE
(Ap) |
The White House and congressional leaders Tuesday agreed to raise the minimum wage to $4.25 an hour
US OFFICIAL BLASTS KOREA ON CURRENCY POLICIES
Keith Rockwell |
A senior Treasury official sharply criticized the South Korean government Tuesday for artificially d
INSURANCE BRIEFS
From Wire and Staff Reports |
FORUM RE GROUP HALTS PROPOSED MERGER PLANHAMILTON, Bermuda - A proposed merger plan between
INDONESIA SCRAPS ITS $1 DISCOUNT ON OIL TO US GENERAL RISE IN PRICES CITED
P.T. Bangsberg |
Indonesia said it will scrap its $1 discount on each barrel of oil sold to the United States because
IMPORT BRIEFS
Wire and Staff Reports |
IVORY WORKERS STRIKE AGAINST TRADE BANEleven Hong Kong ivory workers began a 24-hour hunger
Maritime
MARAD MAY BRING MARSHALLS UNDER WING
WILLIAM DiBENEDETTO |
The Maritime Administration reportedly is close to adding the Marshall Islands to the list of countr
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
CARGO SHIP RUNS AGROUND IN FLA. KEYS
(Ap) |
A Yugoslavian freighter ran aground in the westernmost Florida Keys early Monday, the U.S. Coast Gu
Maritime
THE ECONOMY
From Wire and Staff Reports |
MACHINE TOOL ORDERS ROSE 33 PERCENT IN SEPTEMBERNet new orders for U.S. machine tools rose 3
EUROPEANS RUSH TO BUY DISNEY STOCK
(Ap). |
Europeans have rushed to buy shares in a new Disneyland under construction in France, responding to
FINANCIAL BRIEFS
From Wire and Staff Reports |
JAPANESE CANCEL ISSUE OF NEW ZEALAND BONDSWELLINGTON, New Zealand - A group of Japanese bank
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
BOXSHIP OPERATORS WILL PURSUE STABILIZATION OF RATES IN TOKYO
Don C. Becker |
A summit meeting of the world's leading containership operators will be held in Tokyo Nov. 20 in an
EXPORT, IMPORT RATES BEGIN TO EQUALIZE IN PACIFIC SHIPPING
John Davies |
Prices for shipping American-made goods across the Pacific continue to rise as rates for bringing in
ESSO NORWAY RESTARTS REFINERY AFTER BLAST
Knight-Ridder Financial |
Esso Norway said Monday its Slagen refinery is operating at a 70,000-barrel- a-d ay capacity after a
ENERGY BRIEFS
From Wire and Staff Reports |
WHITE HOUSE REJECTS GASOLINE TAX HIKEThe White House Monday rejected Republican leader Rober
AUSTRALIA UNDER PRESSURE TO BOOST URANIUM EXPORTS
Vincent W. Stove |
Hard on the heels of a recent Australian government decision to cancel minimum export prices for ura
SPOT PRODUCT PRICES
JOC Staff |
Oct. 30, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
PUERTO RICO MARINE CHIEF FORCED OUT OF HIS JOB
Larry Luxner |
Less than 30 days into his new job, Ronald M. Katims has been forced out as president of Puerto Rico
OIL PRICE FORECAST TO FALL, FOLLOWED BY RISE TO $25
Knight-Ridder Financial |
Crude oil prices may fall an average 10 percent in 1990 as continuing volatility keeps prices in the
ORDERS AT JAPANESE SHIPYARDS ENSURE 17 MONTHS OF WORK
A.E. Cullison |
Japan's shipyards, recently suffering from the worldwide slump in vessel construction, should be wor
ENERGY BRIEFS
From Wire and Staff Reports |
GULF'S EASTERN STATIONS TO ACCEPT CREDIT CARDGulf Oil Co. said it will accept the American E
JAPANESE PANEL URGES DECONTROL OF THE ECONOMY
A.E. Cullison |
Japan's economy should be deregulated in order to spur free-market competition, a blue-ribbon panel
SIA TO SEEK ALLIANCE WITH EUROPEAN LINES
Knight-Ridder Financial |
Singapore Airlines, which signed an agreement Thursday with the US-based Delta Airlines involving cr
Air Cargo
EC COMPANIES SEEK NEW BREED OF MANAGERS
Janet Porter |
When a British shoe manufacturer asked John Woodger to find a new design director, he never even tho
US AIRLINES MAY SOFTEN STAND ON CABOTAGE CARRIERS SEEK FAIRNESS ABROAD
Anita Schrodt |
Some U.S. airlines are beginning to soften their previous opposition to allowing foreign airlines to
Air Cargo
NEWS SUMMARY
JOC Staff |
* Albert L. Kraus - Money and Markets 3A * Susan Buchanan - CRB Outlook on Cotton 6A* Janet
TRANSPORT AGENCY LETS STAND RULING ON MEXICAN ROUTE
Leo Abruzzese |
Federal transportation officials affirmed an earlier decision to grant Evergreen International Airli
Air Cargo
EMERY OPENS SEATTLE GATEWAY FOR INTERNATIONAL AIR SHIPMENTS
Journal of Commerce Staff |
Emery Worldwide, in response to increasing international air cargo traffic passing through this port
Air Cargo
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