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GOLDSMITH PLANS TO SELL FARMERS FOR $4.5 BILLION
Janet Aschkenasy |
Citing the compatibility of the two insurance operations, U.K. investor Sir James Goldsmith announce
6 MORE INSURERS TO FEEL PROPOSITION 103 PINCH
From Wire Reports |
The California Insurance Department will seek an estimated $110 million in rollbacks from six more i
HONG KONG, PAKISTAN SIGN TAX PACTS WITH US
Journal of Commerce Staff |
Pakistan and Hong Kong have signed a reciprocal agreement with the United States that allows certain
Maritime
TRADING WITH PORTUGAL INVESTMENT IN PORTUGAL BOOMING
Mark D. Berniker |
Foreign investment in Portugal is growing rapidly as the European Community prepares for a unified m
Maritime
UK DATA ON TRADE GIVES DOLLAR BOOST
Knight-Ridder Financial |
The U.S. dollar rose broadly Wednesday, largely in reaction to a sharp plunge in the British pound,
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FORD, CHRYSLER POST HIGHER SALES
Knight-Ridder Financial |
The latest U.S. car sales figures show increases from 1988 levels for Ford Motor Co. and Chrysler Co
NL INDUSTRIES BIDS FOR GEORGIA GULF
Dallas Morning News |
NL Industries Inc., a Houston-based company controlled by Dallas investor Harold Simmons, is prepare
SHERWIN-WILLIAMS TO BUY COATINGS GROUP
Journal of Commerce Staff |
Sherwin-Williams Co. of Cleveland said it reached an agreement to acquire the Chemical Coatings Grou
IVORIAN COCOA PACT SCHEME UNWORKABLE, CONSUMERS SAY
Knight-Ridder Financial |
A plan by Ivory Coast to revitalize the International Cocoa Agreement by persuading Malaysia to join
UK'S HOWDEN TRIAL RAISES QUESTIONS ABOUT JURY SYSTEM
Janet Porter |
The tangled web of issues and allegations raised during the 15-week trial of two former members of t
CONTRACT CARGO AIRLINES TO GET NEW OWNERS
Ira Breskin |
Westronix Inc., a contract manufacturer of electronics, Wednesday said it had agreed to acquire Rose
INTERNATIONAL BRIEFS
Wire and Staff Reports |
JAPANESE PREMIER SLATES BOSTON VISITJapanese Prime Minister Toshiki Kaifu is scheduled to vi
Maritime
WORLD TRADE CENTER, HOTEL PLANNED FOR PUERTO RICO
Larry Luxner |
A Mexican developer of "maquiladora" plants is teaming up with the former chief of Puerto Rico's eco
Maritime
TASTEFUL ADS SELL TASTELESS VODKA
ROSE DeWOLF |
Our question today, trivia lovers, is trickier than it appears: What is the difference between Stoli
Maritime
PILGRIM NUCLEAR PLANT GETS POWER BOOST OK
Journal of Commerce Staff |
Boston Edison Co. received permission to increase the power of its Pilgrim nuclear plant up to 75 pe
PEOPLE - MARITIME
From Wire and Staff Reports |
RICKLEFS TO LEAD CONSULTING COMPANYISELIN, N.J. John L. Ricklefs was named managing director
Maritime
AFL-CIO JOINS MINERS IN PROTEST AGAINST PITTSTON
Tim Sansbury |
Striking union coal miners gained support Wednesday from AFL-CIO president Lane Kirkland on a day of
CRUDE IMPORTS HIT HIGHEST LEVEL SINCE 1979, API BULLETIN SAYS
Journal of Commerce Staff |
Crude oil imports reached their highest one-week level since 1979, the American Petroleum Institute'
CATHAY PACIFIC POSTS 33 PERCENT NET EARNINGS GAIN
P.T. Bangsberg |
Cathay Pacific Airways Ltd. overcame a fall in operating profit to post a 33 percent gain in net ear
Air Cargo
MARITIME BRIEFS
From Wire and Staff Reports |
CRUISE SHIP TO MAKE FIRST NEW YORK CALLThe Port of New York and New Jersey on Monday will we
Maritime
STRIKE COSTS LIVERPOOL $1.5 MILLION
Journal of Commerce Staff |
The recent dock strike cost Liverpool more than 1 million ($1.5 million), the port's owners reveale
Maritime
OIL INDUSTRY OPPOSES TANKER-FREE ZONE OFF FLORIDA COAST
(Ap) |
An oil industry trade group criticized a proposal by Florida Gov. Bob Martinez to move tanker shippi
Maritime
COURT SAYS OIL TANKERS CAN REPAY US SUBSIDY ACTION ALLOWS DOMESTIC TRADE
Marie Prat |
A U.S. appeals court upheld a 1987 Maritime Administration rule that allows certain subsidy-built oi
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
UK SHIPPING EARNINGS RISE
Journal of Commerce Staff |
Shipping is Britain's third-largest source of invisible overseas earnings after financial services a
Maritime
ELECTRIC BOAT SUFFERS SHORTAGE OF WORKERS, MAY RELOCATE JOBS
(Ap) |
A shortage of blue-collar workers at Electric Boat could force the shipbuilder to shift some of its
Maritime
AVIATION PUMPS $18 BILLION A YEAR INTO GA. ECONOMY
Journal of Commerce Staff |
The importance of Hartsfield International Airport is underscored dramatically by results of the fir
Air Cargo
INSURANCE BRIEFS
From Wire and Staff Reports |
TEXAS GOVERNOR CALLS SPECIAL NOV. 14 SESSIONAUSTIN, Texas - Texas Gov. Bill Clements this we
ICC ATTEMPTS TO INTERVENE IN KEY TRUCK RATE DISPUTE
Leo Abruzzese |
The Interstate Commerce Commission is attempting to intervene in a truck rate dispute in a Minnesota
Trucking News
FRA CHIEF SEEKS MORE BUSINESS FOR RAILROADS SAFETY A PRIORITY FOR CARMICHAEL
Howard S. Abramson |
Gilbert E. Carmichael, the new head of the Federal Railroad Administration, said his priorities are
Rail News
WEAK '89 RESULTS LIKELY FOR SOUTH KOREAN FIRMS
Lee Young-Ho |
South Korean companies are expected to show a weak performance in the second half of 1989, much as t
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
PAYMENTS DEFICIT WIDENS IN UKThe United Kingdom's seasonally adjusted current account defici
EXPORT DEMAND HOLDS THE KEY TO WHEAT RALLY
Lisa Erk |
Although Chicago Board of Trade wheat futures have slipped back toward contract lows this week, mark
REGIONAL BANKS PROMOTE TRADE
HEATHER L. McCULLOCH |
Imperial Bank, a medium-sized bank based in Los Angeles, is at the forefront of a growing national t
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year8/23 8/22 Ch
LLOYD'S SAYS CALENDAR YEAR 1988 WAS BEST SINCE '70 IN SAFETY
Journal of Commerce Staff |
Calendar year 1988 was the best year since 1970 in the amount of shipping capacity lost in wrecks, f
Maritime
NYMEX TO DROP 4 OILS, ADD 1 TO WTI CONTRACT DELIVERY
Knight-Ridder Financial |
The New York Mercantile Exchange Board of Governors voted late Tuesday to drop four foreign crude oi
VAN OMMEREN POSTS A SMALLER PROFIT
Journal of Commerce Staff |
Van Ommeren Ceteco, an international transport and trading conglomerate, said it made a net profit o
Maritime
SIX INSURERS ORDERED TO RETURN $5 MILLION TO NJ POLICYHOLDERS
(Ap) |
Six auto insurance companies were ordered by Insurance Commissioner Kenneth Merin to return more tha
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