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BRAZIL HIKES PRICE OF OJ CONCENTRATE
Journal of Commerce Staff |
Brazil has raised its frozen concentrate orange juice prices by 15 cents to $1.86 a pound, industry
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Levi Strauss Plans Hungary Joint VentureBUDAPEST, Hungary - Levi Strauss, the U.S. jeans clo
Maritime
US REITERATES BEEF TRADE PLANS
Knight-Ridder Financial |
U.S. Trade Representative Clayton Yeutter Tuesday assured Australian Cattle Council officials that t
Maritime
WORLD TODAY
From Wire and Staff Reports |
No Recommendation On Hickey SuccessorWhite House Chief of Staff Howard Baker said the questi
COST OF CREDIT
JOC Staff |
Tue., Jan. 12, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FULLY LOADED TANKER SET ABLAZE BY MISSILES
(Ap) |
Firefighters on Tuesday struggled against flames raging aboard a gasoline- laden Greek tanker struck
Maritime
ALASKA COAL FACES TEST IN JAPAN
Tim Sansbury |
While administration trade officials are set this week to vent their dissatisfaction about declining
CRUDE PRICES DIP BELOW $16 BEFORE RECOVERY ON NYMEX
John Maggs |
Crude oil prices sank below $16 a barrel in early trading on the New York Mercantile Exchange Tuesda
AVIATION BRIEFS
From Wire and Staff Reports |
Flight Testing Planned For Airbus Jet EngineEAST HARTFORD, Conn. - The V2500 jet engine, bei
Air Cargo
SEA-LAND BETS ON LONG HAUL IN ALASKA
John Davies |
Looking down on the Space Needle from glassed-in suites in the sky, the new Pacific Coast headquarte
Maritime
JAPAN AIMS FOR TOP AID DONOR
A.E. Cullison |
Japan will surpass all other countries as the world's largest donor of official development assistan
TRADE FAIRS
Wire and Staff Reports |
US Exhibitors Sought For Hong Kong ShowMore than 25 Hong Kong importers and national groups
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Derektor Yard Wins Army Tugboat ContractMIDDLETOWN, R.I. - The Robert E. Derektor shipyard o
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
Wyatt Withdraws Distillate PostingWyatt Energy Co., New Haven, one of the largest fuel oil w
US COURT PROMISES SPEEDY DECISION IN SHORT-LINE CASE
Howard S. Abramson |
A U.S. appeals court in Philadelphia has promised to render a speedy decision in a landmark short-li
Rail News
2 SHIPS NET $33 MILLION IN LTV SALE
James Nolan |
Belgian shipowners outbid Greek interests Monday in a bankruptcy sale to buytwo big dry bulk carrier
Maritime
SNOW-FIGHTERS FIND WEATHER IS FINE
Journal of Commerce Staff |
The weather in the Northeast is just peachy for the 1988 Professional Snowfighting School. T
Trucking News
SOVIET AIRLINE UNDER FIRE
(Ap) |
The pilot fumed as he pushed through the cabin of the Aeroflot jet. It was 2 a.m., and he had found
Air Cargo
MICROWAVE LANDING SYSTEM: FUTURE IN DOUBT ONCE AGAIN
Dave Higdon |
Once again the future of the $1.5 billion microwave landing system program appears in jeopardy due t
Air Cargo
CONGRESSMAN CRITICIZES YEAR-END DRUG CLEARANCES
Kenneth Reid |
About 71 percent of the new chemical entities approved for marketing in 1987 by the Food & Drug Admi
CHINA CONSIDERS CHANGES IN BUSINESS POLICIES
(Ap) |
China's top legislative body began Monday discussing a draft law on separating ownership and managem
Maritime
FORMER LLOYD'S BROKERS FACE FRAUD CHARGES
Edwin Unsworth |
Two former Lloyd's of London brokers and an accomplice were charged in a London court Monday with a
US TEXTILE MILLS LOOK TO FIRST QUARTER
Knight-Ridder Financial |
U.S. textile mills are looking to the first quarter of 1988 as a barometer, in the wake of uneasines
Maritime
MALAYSIAN COMPANY OPTIMISTIC ON '88 EXPLORATION VENTURES
P.T. Bangsberg |
Petronas, the state energy monopoly of Malaysia, will face little difficulty in attracting oil major
COUNTERTRADE TECHNIQUE LANDS BOEING BIG ORDER
Marion Cotter |
No one wants to land a major export contract by promising in advance to major foreign purchases, say
BANK UNIT GETS GO-AHEAD TO OFFER COMBINED SERVICES
Leah R. Young |
The Supreme Court gave the go-ahead Monday to bank subsidiaries offering both investment advice and
TAILOR-MADE BENEFIT PLANS GAIN SUPPORT
Journal of Commerce Staff |
More than 75 percent of human resource executives at 269 industrial and service companies believe em
UNEMPLOYMENT UP IN WEST GERMANY
(Ap) |
West Germany's unemployment rate rose to 9.2 percent during December from 8.5 percent in the previou
RAIL BRIEFS
From Wire and Staff Reports |
Long Island Rail Road Sets On-time RecordJAMAICA, N.Y. - The Long Island Rail Road set a 91.
Rail News
ILA SUPPORTS IMPORT CURBS
Journal of Commerce Staff |
The president of the International Longshoremen's Association said Monday that the ILA supports the
Maritime
CHEVRON AGREES TO MANAGE OROGIL UNIT
Journal of Commerce Staff |
Chevron Chemical Co. has reached an agreement with Paris-based Rhone-Poulenc SA whereby Chevron will
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INSURERS SPARED US-ORDERED CLEANUP COSTS
Leah R. Young |
The insurance industry has won a major battle in its attempt to free itselffrom liability fo
SPOT PRODUCT PRICES
JOC Staff |
January 11, 1988 U.S. spot oil products price indications, sellers range, in cents per gallo
WISCONSIN POWER & LIGHT TO TEST NEW COAL SOURCES
Tim Sansbury |
Wisconsin Power & Light Co. will test burn up to 400,000 tons of coal this summer as it searches for
HONG KONG BANKS FORM PLAN FOR NEGATIVE INTEREST RATES
P.T. Bangsberg |
The officially sponsored cartel of banks agreed Monday on the way negative interest rates may be imp
FINANCIAL BRIEFS
Wire and Staff Reports |
Leading Inflation Index Declined in DecemberNEW YORK - Columbia University's Center for Inte
RISK RETENTION GROUPS SEEN ON THE INCREASE
Laura Raley Borda |
Risk retention groups, liability self-insurance pools, are increasing at a fast pace and are encompa
REAGAN EXPECTED TO PRESS TOKYO ON TRADE ISSUES
Richard Lawrence |
President Reagan is expected to try to keep pressure on Japan to promote its domestic economy and li
ON THE MOVE
Journal of Commerce Staff Report |
Mazda Unit Taps KondoFor US PostJACKSONVILLE, Fla. - Ichisuke Kondo was named vice p
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