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SENATE COMMITTEE SOFTENS ITS TRADE LEGISLATION A BIT
Helen Ericson |
The Senate Finance Committee voted 14-2 to soften its trade legislation by returning to the presiden
FINANCIAL BRIEFS
From Wire and Staff Reports |
Bankers' Acceptances Rose Again in MarchBankers' U.S. dollar acceptances rose $739 million i
HOUSE VOTE HURTS DOLLAR
Knight-Ridder Financial |
The U.S. dollar dropped sharply against the yen and eased against other key currencies Wednesday aft
EARNINGS
Journal of Commerce Staff |
Borg-Warner Income RisesBorg-Warner Corp. reported first quarter net income of $52.4 million
MEXICAN PILOTS CALL FOR NEW JETS
(Ap) |
Pilots and aeronautical engineers say the government airline Aeromexico needs to replace 13 of its 4
MARITIME BRIEFS
From Wire and Staff Reports |
Carrier Expands European ScopeANTWERP, Belgium - United Mediterranean Shipping Co., which op
Maritime
TORT REFORMS ADOPTED IN 1986
Paula L. Green |
Although nearly 40 states passed some measure of tort reform in 1986, the American Tort Reform Assoc
CITY REPORT PANS FISHERMAN'S WHARF
(Ap) |
Fisherman's Wharf hooks more tourists than any other San Francisco attraction, but city planners say
Maritime
JAMAICA PUTS HOTELS ON THE BLOCK AS PART OF ITS DIVESTMENT PLAN
Canute James |
Foreign and local purchasers are being sought by the Jamaican government for 12 state-owned resort h
Maritime
HONG KONG, MALAYSIALURE US INVESTMENT
P.T. Bangsberg |
Hong Kong and Malaysia are stepping up efforts to woo more investment, especially from the United St
Maritime
SPOT PRODUCT PRICES
JOC Staff |
April 29, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
CONNECTICUT COUNCIL TO PRESENT AWARDS
Journal of Commerce Staff |
Three Connecticut residents will receive awards tonight from the state's District Export Council.
Maritime
OIL CONCERNS GIVE LESS TO CHARITY
Journal of Commerce Staff |
Oil companies, which have been among the leaders in corporate contributions to worthy causes for nea
COUNCIL SAYS GULF PROTECTION IS GLOBAL RESPONSIBILITY
(Ap) |
The six-nation Gulf Cooperation Council believes that protecting ships and freedom of navigation in
Maritime
BIG UK BANKS SLASH LENDING RATES TO 9.5 PERCENT
Knight-Ridder Financial |
Major U.K. banks lowered their base lending rates (equivalent to the U.S. prime rate) by 0.5 of a pe
TRADE BOOM SPARKS SHANGHAI RENOVATION
Bruce Fienberg |
The port of Shanghai, in the heart of China's industrial center, is working to modernize facilities
Maritime
ARGENTINA ADOPTS NEW TERMS FOR OIL EXPLORATION, PRODUCTION
Jeremy Morgan |
President Raul Alfonsin signed a decree legalizing new oil contract terms in what was seen as a long
KNAPPTON CORP. INAUGURATES CONTAINER BARGE OPERATION
Journal of Commerce Special |
Knappton Corp. brought its first load of barged containerized cargo from the Columbia-Snake River sy
Maritime
SOUTH KOREA LOOKS TO JAPAN
(Ap) |
South Korea's ambassador called for Japan to open its markets wider and predicted an eventual improv
Maritime
NEW ORLEANS, CUSTOMS END SITE DISPUTE
Marie Prat |
A truce has been called in New Orleans over a U.S. Customs Service program to examine cargo at a cen
Maritime
US EXECUTIVES WATCH TRADE TALKS
A.E. Cullison |
Executives of U.S. corporations in Japan are anxiously awaiting news of what Prime Minister Yasuhiro
W. GERMAN MINISTER DEFENDS GROWTH POLICY
Journal of Commerce Staff |
A top West German official asked for understanding for his government's only moderately expansionist
NEWS SUMMARY
JOC Staff |
GENERAL NEWS A roundup of the latest reports on the economy. Page 2ATwo government reports
Maritime
US STEEL OUTPUT DECLINES 0.3 PERCENT
(Ap) |
U.S. steel production dropped to 1.721 million tons in the week ended April 25, a decline of 0.3 pe
INSURANCE BRIEFS
From Wire and Staff Reports |
Primerica Is New Name Of American CanAmerican Can Co. said shareholders at the annual meetin
STOCKS FOLLOW DOLLAR HIGHER
Gordon Platt |
Stocks rose along with the dollar Tuesday, amid hopes interest rates may not have to go any higher.<
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CHEMICAL MARKETS BENZENE USE IN GASOLINE BOOSTS MART
Arnaldo Arroyo |
The strengthening trend in the market for benzene is expected to continue throughout the summer mont
MEDIUM-SIZE FORWARDERS: FUTURE FAR FROM BLEAK
Richard Malkin |
Over the past year or so many air cargo industry personalities whose views were reflected in this co
RAIL BRIEFS
From Wire and Staff Reports |
Conrail Crewmen Quit Just as Hearings StartThe two crewmen of a Conrail train which collided
CORRECTION
JOC Staff |
A story in Monday's editions incorrectly stated the amount of cargo handled by International Termina
Maritime
6 INJURED IN NJ ACCIDENT
(Ap) |
Six people, including two state troopers, remained hospitalized Tuesday with injuries suffered in a
ENERGY BRIEFS
From Wire and Staff Reports |
NYPA Trustees Cut Hydropower Rate HikeALBANY, N.Y. - The New York Power Authority trustees h
IMPORT FAIRS
From Wire and Staff Reports |
Franchise Expositions Set for Eight US CitiesThe International Franchise Association will ho
Maritime
EXPORT FAIRS
From Wire and Staff Reports |
US Pavilion Planned For Poland Trade FairThe Commerce Department is inviting U.S. firms to p
Maritime
TAIWAN SPEEDS MOVE TOWARD PRIVATIZATION
Donald Shapiro |
The government is preparing to close two state-owned corporations inthe metal industry - the Taiwan
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Export, Import Deals Fall Sharply in JapanExport and import contracts concluded by the 13 ma
Maritime
CHIP MARKET FORECAST TO GROW 18 PERCENT
(Ap) |
The world semiconductor market should grow nearly 18 percent this year to reach $31 billion, the Wor
Maritime
SAMPLE OF CLASSIFICATION DIFFERENCES BETWEEN TSUS* AND HARMONIZED SYSTEM
JOC Staff |
* Agricultural Products: The Harmonized System classifies fruit puree and fruit pastes along with ja
Maritime
UNISYS WINS RECORD HONG KONG ORDER
P.T. Bangsberg |
After many months of cliff-hanging, Unisys Corp. of Detroit signed a US$50 million contract with Hon
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