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NEWS SUMMARY
JOC Staff |
* Albert L. Kraus - Markets and Money 3A * A.E. Cullison - Asia View 8A* Don C. Becker - Pub
CANADA UNVEILS DETAILS OF GOODS AND SERVICES TAX
Leo Ryan |
Finance Minister Michael Wilson Tuesday unveiled details of a so-called Goods and Services Tax desig
FINANCIAL BRIEFS
From Wire and Staff Reports |
EGYPT, WORLD BANK HOLD TALKS ON LOANEgypt has begun talks with the World Bank on its appeal
COMMODITY BRIEFS
From Wire and Staff Reports |
USDA ACTS TO REVISE PL-480 ALLOCATIONSThe U.S. Department of Agriculture Tuesday issued revi
ENERGY BRIEFS
From Wire and Staff Reports |
COGENERATION PLANT TO USE CANADIAN GASCanadian natural gas producers in Alberta approved con
JUGOLINIJA LINE DENIES IT UNDERCHARGED EXPORTER
Marie Prat |
Jugolinija Line and its U.S. agent denied allegations by a New York City export company that a compe
Maritime
CARRIER SEEKS SOUTHBOUND BUSINESS TO BRAZIL
Journal of Commerce Staff |
A small shipping line that has provided one-way service northbound from Brazil for several years has
Maritime
BRUCE VAIL - INSIDE TALK ON SHIPPING
JOC Staff |
RAINY WEATHER did little to dampen the spirits of Italian Line executives Monday afternoon when they
Maritime
BRAZIL OPENS BULK SECTOR TO PRIVATE SHIP LINES
James Bruce |
Brazil has approved the entry of two private ship operators into the country's bulk cargo trades, we
FEARS OF OVERRUNS IN CHUNNEL COSTS ERODE CONFIDENCE
Edwin Unsworth |
Within the last 200 years, there have been 26 grand attempts to establish a fixed transport link bet
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CLOSING SECTION OF NJ INTERSTATE MEANS BIG TRAFFIC UPHEAVALS
Gregory S. Johnson |
Truckers, shippers and forwarders face months without Interstate 78, a key East-West road link to Ne
Trucking News
FMC FUNDING MEASURE AWAITS BUSH SIGNATURE
Journal of Commerce Staff |
A $16.4 million fiscal year 1990 budget bill for the Federal MaritimeCommission is on Presid
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
PUBLIC HEARINGS NEAR ON PROPOSITION 103Insurance Commissioner Roxani Gillespie opens an impo
COST OF CREDIT
JOC Staff |
Tue., Aug. 8, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
NEW CONTRACTS EXPECTED TO BOOST PRICE OF SEATS ON SINGAPORE EXCHANGE
Knight-Ridder Financial |
Open market prices for seats on the Singapore International Monetary Exchange have risen significant
BUSH AGREES TO SHOREHAM TALKS
(Ap) |
President Bush has agreed to meet with New York Gov. Mario Cuomo to discussthe governor's plan to ha
UAL BOARD TO CONSIDER DAVIS BID
Journal of Commerce Staff |
UAL Corp.'s board of directors is scheduled to meet today to consider Los Angeles investor Marvin Da
Air Cargo
SPARROWS POINT YARD WINS REPAIR CONTRACT
Journal of Commerce Staff |
Bethlehem Steel Corp.'s Sparrows Point shipyard in Baltimore was awarded a contract worth over $2 mi
Maritime
EMERY, LABOR GEAR FOR TALKS
Journal of Commerce Staff |
A short-lived strike last month by some Emery Worldwide workers in the New York area sets the stage
Air Cargo
AVIATION BRIEFS
From Wire and Staff Reports |
PA. ENGINEERING FIRM HIKES STAKE IN MIDWAYWASHINGTON - Ampco-Pittsburgh Corp., an engineerin
Air Cargo
EXPORT BRIEFS
Wire and Staff Reports |
SAMSUNG, H-P FORM COMPUTER ALLIANCESouth Korea's Samsung Electronics Co. a division of South
Maritime
TRADE FAIRS
Wire and Staff Reports |
NORTH AMERICA Air Show Canada. Aug. 9-13. Abbotsford, British Columbia. This fair will bring
Maritime
WEST GERMAN BIOTECHNOLOGY CONFLICTS BENEFIT US
Charles Thurston |
Near the shore of New York's Seneca Lake, the demise of a quarter-acre of pale green cabbage loopers
CALIFORNIA RAISINS TO DANCE IN JAPAN 1ST SHIPMENT SAILS TODAY
Michele Whitney |
California's dancing raisins are taking their act to Japan. The first shipment is scheduled
WILHELMSEN WILL OPEN VIRGINIA BEACH OFFICE
Journal of Commerce Staff |
Wilhelmsen Lines (USA) Inc., the U.S. agency subsidiary of Oslo, Norway-based shipping company Wilhe
Maritime
PROSPECTS BLEAK FOR CHINA ECONOMY, CIA STUDY CLAIMS
Richard Lawrence |
China will suffer continuing economic problems in the 1990s, which will stoke more social and politi
PEOPLE - INSURANCE
From Wire and Staff Reports |
LINCOLN EUROPEAN REINSURANCE CO. (Fort Wayne, Indiana) - Jean-Paul Vander Elst was named general man
OIL WORLD SEES 11 PERCENT DECLINE IN '89-90 EC OILSEED OUTPUT
Knight-Ridder Financial |
Combined EC oilseed production in 1989-90 (July-June) will reach only 10.3 million metric tons, down
COMMODITY BRIEFS
From Wire and Staff Reports |
BIG BRAZIL COFFEE CROP COULD FUEL PRICE WARLONDON - Brazil's potential to produce a large co
CLAIMS AGENCY SPECIALIZES IN SMALL CASES GROUP ASSISTS BIG INSURERS
David F. White |
Pirates off the coast of Nigeria and Indonesia, plundered containers full of valueless deadweight, i
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
HITACHI CANCELS AD TO AVOID US FRICTIONJapanese computer giant Hitachi has abandoned plans f
Maritime
CFTC PROBE: NO WRONGDOING IN CBT SOY PIT
Kevin Commins |
A preliminary investigation by the Commodity Futures Trading Commission revealed that no one profite
CFTC BILL RAISES SOME QUESTIONS
Paul S. Tosto |
House Agriculture Committee members congratulated themselves last week for approving a package of "t
CORRECTION
JOC Staff |
Citicorp International Trading Co., an export trading company, was incorrectly listed as "defunct" i
PRESIDENT OKS 1ST NUCLEAR PLANT IN INDONESIA
P.T. Bangsberg |
President Suharto of Indonesia gave the go-ahead Tuesday for the country's first nuclear power plant
INDIA TO GO IT ALONE WITH MISSILE DEVICE
From Wire Reports |
India said this week it would make its own version of an advanced missile- testing device, since the
GENERAL RE PLANS BUY OF PHOENIX P/C UNIT
TOM McNIFF Jr. |
Saying it is cheaper to buy an existing company and its state licenses, General Reinsurance Corp. of
TWO CME YEN TRADERS PLEAD GUILTY TO FRAUD MORE BROKERS TO FACE JUDGE
Knight-Ridder Financial |
Chicago Mercantile Exchange yen pit broker Brian Sledz pleaded guilty Tuesday to 1 count of wire fra
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