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Platts Containers Update
NEW UK TERMINAL SIGNS FIRST LINE
Janet Porter |
At least one major shipping line already has agreed to transfer its U.K. service to a new container
Maritime
OPEC EXPERTS FAVOR $18 TARGET PRICE, ADJUSTED FOR INFLATION
Knight-Ridder Financial |
The Organization of Petroleum Exporting Countries' long-term strategy committee favors keeping its t
TVA AWARDS PACTS FOR SPOT COAL
Journal of Commerce Staff |
The Tennessee Valley Authority said it awarded two contracts covering deliveries of a total of 6,000
BONNEVILLE'S INDUSTRIAL CUSTOMERS AGREE TO POWER CUTBACKS IN 1990
John Davies |
With electric power surpluses in the Pacific Northwest rapidly disappearing, 14 major industrial use
RATE CHANGES MAY AID SMALL S. KOREAN FIRMS
Knight-Ridder Financial |
Smaller South Korean companies are likely to find the cost of their foreign exchange transactions fa
FINANCIAL BRIEFS
From Wire and Staff Reports |
PERU TIES REPAYMENT OF DEBT TO NEW LOANSLIMA, Peru - Peru would be willing to lift its four-
CARGO BACKLOG AT NEW DELHI AIRPORT MOUNTS
Neel Patri |
Exporters are appealing for government help as cargo piles up at the airport here, jeopardizing fal
Air Cargo
JAPAN'S AUTO OUTPUT SET RECORD IN AUGUST
Knight-Ridder Financial |
Japan produced 890,339 cars, trucks and buses in August, a record high for the month and up 13.7 per
NEWS SUMMARY
JOC Staff |
* Kevin Commins - Currency Forecast 3A * JofC Industrial Price Index 6A* Stanford Erickson -
DEMOCRATS VOW TAX-CUT SUBSTITUTE
(Ap) |
House Speaker Thomas S. Foley, D-Wash., called President Bush's plan to cut the capital gains tax "a
IMF LIKELY TO GET BIG HIKE IN FUNDS
Richard Lawrence |
The International Monetary Fund probably will get a 50 percent to 67 percent boost in its resources,
JAPANESE CONSUMERS FLEX MUSCLE
From Wire Reports |
Japanese consumers, long neglected by economic policy-makers who favored big business, are finally g
FEDERAL EXPRESS SEEKS TO WOO BIG FORWARDERS IN GERMANY
Phillip Hastings |
Federal Express Corp. is having trouble attracting forwarder support in certain key European air fre
Air Cargo
WHEELING-PITTSBURGH GETS EXTENSION
From Wire Reports |
A bankruptcy court judge Friday extended until Oct. 30 the exclusive right of Wheeling-Pittsburgh St
FEDERAL EXPRESS NET FELL IN 1ST PERIOD
Journal of Commerce Staff |
Federal Express Corp.'s net income declined to $30.4 million in the fiscal first quarter ended Aug.
Air Cargo
CHINA ECONOMY SEEN TAKING YEARS TO RECOVER
From Wire Reports |
China's economy will need two to three years to recover from this spring's political upheaval but wi
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
ECONOMIC DATA ABROAD
Wire and Staff Reports |
WHOLESALE PRICES RISE 3.3 PERCENT IN JAPANThe Japanese wholesale price index for Sept. 1-10
CHRISTIE'S SEES HEIGHTENED STATUS FOR ORIENTAL ART
P.T. Bangsberg |
If you've a few bucks lying around, why not consider Oriental paintings and objects, which one exper
TAKEOVER PRICES SEEN SUBSTANTIAL
Journal of Commerce Staff |
Transportation firms that bought out other companies during the first half of the year typically pai
Air Cargo
AUSTRALIAN EXPECTS COMPETITION TO CONTINUE INTO 21ST CENTURY
Vincent W. Stove |
The insistence of foreign-based insurers to maintain a presence within Australia as the gateway to t
REGULATORS ADDRESS CONSUMER NEEDS
Kevin Commins |
State insurance commissions will have to develop more services for consumers in the years ahead, a p
INSURANCE BRIEFS
Wire and Staff Reports |
AMERICAN GENERAL TO SELL INSURANCE UNITSAmerican General Corp. announced it will sell its gr
INSURERS TRY TO GAUGE ECONOMIC DAMAGES OF HURRICANE HUGO
David Conn |
As insurance agents waited Friday to get access to Hurricane Hugo-damaged areas of the U.S. mainland
ATTORNEYS GENERAL VOW TO APPEAL SUIT RULING
David Conn |
True to his word, a federal judge in San Francisco dismissed the multi-state lawsuit against members
APPEALS COURT BACKS RULING ON COVER OF DAMAGED CRANE
Jerry Goldberg |
The U.S. Ninth Circuit Appeals Court has ruled in favor of a lower court decision saying a marine co
LINK TO EARLIER OIL SPILL PROBED IN PRODIGY CASE AGENCY CHECKS REPORTS OF OWNERSHIP CONNECTION
Michael S. Lelyveld |
Justice Department officials are investigating a link in ownership between a disastrous oil tanker a
KNITWEAR PETITION SAYS ASIAN SWEATERS ARE BEING DUMPED
William Armbruster |
A trade group representing domestic sweater manufacturers filed a huge anti- dumping petition Friday
CARRIERS TO WORK AROUND HUGO DAMAGE
Journal of Commerce Staff Report |
A lot of cleanup work remains, but it looks like transport business on the southern East Coast will
WEST GERMAN COFFEE IMPORTS FELL IN JULY
Knight-Ridder Financial |
West Germany's July net coffee imports totaled 617,927 60-kilogram bags, downfrom 683,872 ba
NOXELL, PROCTER & GAMBLE UNVEIL MERGER PROPOSAL
(Ap) |
Noxell Corp., a major manufacturer of skin-care products and cosmetics, will merge with Procter & Ga
CLOROX PAINT UNITS ARE SOLD TO PPG
(Ap) |
PPG Industries Inc. said it purchased the Olympic HomeCare Products and Lucite HomeCare Products sub
RAIL UNION SAYS BOARD IS STALLING
Howard S. Abramson |
The National Mediation Board has been accused by a railroad union of aiding management by holding it
YEUTTER SUGGESTS DURUM PROBE
Knight-Ridder Financial |
U.S. Department of Agriculture Secretary Clayton Yeutter encouraged the U.S. durum wheat industry to
US UNLIKELY TO OFFER CREDIT TO SOVIET UNION
From Wire Reports |
The United States is unlikely to offer the Soviet Union trade credits to buy agricultural goods such
COMMODITY BRIEFS
From Wire and Staff Reports |
BUSH: US CONSIDERING MORE AID FOR POLANDPresident Bush Friday said his administration is "st
CHEMICAL BRIEFS
Wire and Staff Reports |
DU PONT SELECTS RESIN DISTRIBUTORE.I. du Pont de Nemours & Co., based in Wilmington, Del., h
FEDERAL MAGISTRATE DENIES BAIL TO DU PONT EXTORTION SUSPECT
From Wire Reports |
The alleged ringleader of a plot to extort $10 million from E.I du Pont de Nemours & Co. was denied
COFFEE DELEGATES PESSIMISTIC ABOUT PROSPECTS FOR NEW PACT
Howard Simon |
Delegates from the world's largest coffee producing and consuming nations - gathering in London this
CLARIFICATION
JOC Staff |
In the story "Nitrocellulose Manufacturer Files Dumping Petition," which appeared on Page 7A of The
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