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NEWSPAPER LED LYNN KORWATCH TO A MARITIME FIRST
Mark Magnier |
Like many teen-agers heading for college in the early 1970s, Lynn Korwatch couldn't quite figure out
SUN ENVIRONMENTAL GETS NBS CONTRACT
Journal of Commerce Special |
ENSR Corp. a subsidiary of Sun Environmental Inc., has been awarded a $1.9 million contract with the
SHARP TO EXPORT US-MADE OVENS
William Armbruster |
Sharp Electronics Corp., the U.S. subsidiary of one of Japan's largest electronics companies, announ
EGYPT TO EXPAND PETROCHEMICAL PRODUCTION
Josh Martin |
The state-owned Egyptian Petrochemical Co. is expanding its production capacity in an effort to beco
INTERMODAL STEPS OF ASIAN LINES HAILED BY SEA-LAND
Bill Mongelluzzo |
Japanese shipping lines are no longer sitting on the sidelines watching U.S.-flag carriers capture c
CHEMICAL BRIEFS
From Wire and Staff Reports |
RHONE-POULENC TO BUY ICI SILICONES BUSINESSICI Specialty Chemicals has agreed to sell its si
JAPAN URGED TO CONTINUE SHIPBUILDING REDUCTIONS
A.E. Cullison |
Further slashes in the production capacity of Japan's shipbuilding industry were recommended Tuesday
CREDITORS' AGENCY USES BARTER TO COLLECT ON SOME FROZEN DEBTS
William Armbruster |
Pyrotronics Inc. had more or less written off a debt of $40,000 owed by a Nigerian customer when it
TAIWAN BOOSTS SPENDING ON POLLUTION CONTROL
(Ap) |
The Taiwan government is spending more on pollution control in an effort to improve environmental co
CANADA ALLUDES TO SOME DELAY ON TRADE PACT
LEO RYAN (Richard Lawrence in Washington contributed to |
Canadian Prime Minister Brian Mulroney has hinted his government will, if necessary, delay the Jan.
AFL-CIO BACKS DUKAKIS ON TRADE, BUDGET
Keith M. Rockwell |
Praising Michael Dukakis' trade, labor and fiscal policies, the AFL-CIO Wednesday unanimously endors
OILMEN URGE FOLLOW-UP TO WINDFALL TAX REPEAL
Wire and Staff Report |
Texas oil producers and politicians say the repeal of the federal Windfall Profits Tax is only the f
TEXAS EASTERN FORMS SUBSIDIARY IN SOUTHERN OHIO
Journal of Commerce Staff |
Texas Eastern Corp., Houston, formed a new refined products terminaling subsidiary to offer contract
SPOT PRODUCT PRICES
JOC Staff |
August 24, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon
QUICK LUBE HITS EUROPE
Wellington Chu |
An American innovation in car care - the fast oil change shop - is being exported to the European ma
WORK STOPPAGE ENDS AT 4 MINES IN POLAND
(Ap) |
Work resumed at four of Poland's striking mines on Wednesday amid signs that the country's worst lab
PEOPLE - OIL/GAS
JOC Staff |
CMS ENERGY CORP. (Dearborn, Mich.) - Paul E. Geiger was named vice president and principal accountin
COAL BRIEFS
From Wire and Staff Reports |
TANZANIA TO BECOME SELF-SUFFICIENT IN COALDAR ES SALAAM, Tanzania - A new Chinese-built coal
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
WORLD MONEY FRONT DOLLAR FALLS SHARPLY ON NEWSPAPER REPORT
Knight-Ridder Financial |
The U.S. dollar fell sharply Wednesday on a story that the Reagan administration wants the dollar no
ASHLAND OIL AGREES TO PAY IN FIRING SUIT
Wire and Staff Report |
Ashland Oil Inc. agreed to pay a total of $25 million to two former executives who claimed they were
BANK OF JAPAN CHIEF SAYS YEN COULD FALL
Knight-Ridder Financial |
Bank of Japan Governor Satoshi Sumita said Wednesday he cannot rule out the possibility that the yen
FINANCIAL ANALYSTS SPLIT ON BUNDESBANK RATE HIKE
Janet Guttsman |
Financial analysts are divided on whether the Bundesbank will raise its interest rates after its bi
FRENCH RATES RISE AS FRANC WEAKENS
Knight-Ridder Financial |
Rates on French overnight call money are being pushed higher as investors worry about interest rate
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 |
IMF TO LEND BRAZIL $1.4 BILLION IN STAGESWASHINGTON - Representatives of the 151 governments
COST OF CREDIT
JOC Staff |
Wed., Aug. 24, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
BANKS SEEKING WAYS TO LIMIT EXPOSURE IN THE THIRD WORLD
(Ap) |
Faced with a $1.2 trillion problem that has been worrying bankers increasingly since 1982, banks fro
PLAN TO SCRAP SUBSIDIES EXPECTED TO BE MODIFIED
(Reuter) |
President Reagan's proposal at world trade talks to scrap all farm subsidies is unlikely to survive
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year8/24 8/23 Chan
COMMODITY BRIEFS
Wire and Staff Reports |
JAPAN PREPARES AID FOR DOMESTIC FARMERSTOKYO - Japan's ruling Liberal Democratic Party Wedne
NJ PLANS TO AUDIT AUTO POOL
(Ap) |
The Joint Underwriting Association will be the subject of an independent audit to determine if alleg
DROUGHT MAY LIMIT CANADA IN MAKING NEW GRAIN SALES
Knight-Ridder Financial |
This summer's drought will limit the Canadian Wheat Board's ability to make new grain sales in 1988-
JAPAN'S TRADING FIRMS DRAWN TO SPECULATORS IN PRECIOUS METALS
Kuniko Baba |
Attracted by growing individual speculation in precious metals, some Japanese trade houses are court
HOME SUES FORMER VP OVER ALLEGED $2.2 MILLION SCAM
Laura Raley Borda |
Home Insurance Co. filed a lawsuit against a former vice president who allegedly embezzled at least
BUYING IN ZAMBIA PEACE POSSIBLE BOON FOR ZAMBIAN TRADE
Geoffrey Brown |
Prospects for peace in Angola and independence for Namibia may make it easier to transport goods in
Maritime
TWO-WAY TRADE IN FOOD PICKS UP BETWEEN US AND THE CARIBBEAN
Geoffrey Brown |
U.S. manufacturers are taking a bigger interest in the Caribbean Basin as a market for food exports.
Maritime
HONG KONG EXPORTS STILL SLUGGISH
Journal of Commerce Staff |
Growth of Hong Kong's domestic exports jumped in July over June, but continued to lag compared with
Maritime
REJECTION OF MINISKIRT CUTS PROFIT OF RETAILERS
(Reuter) |
Shoppers' resistance to the miniskirt inflicted maxi-damage on the women's apparel business in 1987
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
FRENCH ENTREPRENEUR MAY RESCUE DONNAYFrench pop-star-turned-businessman Bernard Tapie may re
Maritime
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