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MEXICO SETS DEADLINE ON LOAN PACT
WILLIAM A. ORME Jr. |
Mexico set a March 20 deadline for creditors to sign its long-delayed US$7.7 billion commercial loan
BRAZILIAN TEAM LAYS GROUND FOR DEBT TALKS WITH 5 NATIONS
James Bruce |
For now, Brazil's top financial officials are wrapping a political mantle around Brazil's internatio
MASS. GOVERNOR TO UNVEIL LIABILITY REFORM PLANS
TOM McNIFF Jr. |
The governor of Massachusetts next week will file major liability insurance reform legislation that
BAGGED CARGO FEES CUT
Marie Prat |
The port of New Orleans added fuel to the fire of a Gulf Coast pricing war over bagged goods when it
Maritime
ALAN HERBERT'S INSIDE TALK
Alan Herbert |
THIS SHOULD DISABUSE ANYONE of the notion there's nothing new under the sun. We've had a lot
INSURANCE BRIEFS
From Wire and Staff Reports |
DOT Allows Smoking To Continue on AirlinesThe Transportation Department decided to continue
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
DEVELOPERS COMPETE FOR PORT LAND
Maureen Robb |
Developers are vying for the right to renovate a prime waterfront area controlled by the port of San
Maritime
MEXICO'S STEEL DRIVE HINDERED
WILLIAM A. ORME Jr. |
Mexico is winning new foreign customers and credits for its indebted, overbuilt state steel business
Maritime
TOZZOLI REMAINS AT TRADE CENTER
William Armbruster |
The father of the most distinctive landmarks on the lower Manhattan skyline retired from the Port Au
TRADE BILL PROGRESSES IN HOUSE
Helen Ericson |
Representatives of the textile, footwear, steel, chemical and metalworking industries and labor unio
EARNINGS
Journal of Commerce Staff |
Squibb Corp. Triples EarningsPRINCETON, N.J. - Squibb Corp. reported fourth quarter net inco
CATASTROPHIC CARE FUNDING EYED
Leah R. Young |
The bipartisan leadership of the House Ways and Means Committee wants to finance catastrophic acute
TODD REACHES SEATTLE ACCORD
A STAFF REPORT. This story was written by Gloria Joseph, John |
Todd Shipyards announced that it reached a tentative agreement covering 1,000 workers at its Seattle
Maritime
GREECE VOWS TO PROCEED WITH OIL GROUP BUY-OUT
(Ap) |
The government said that it will proceed with plans to take over a Canadian, U.S. and West German co
GDF WANTS BIGGER PIECE OF FRENCH ENERGY MART
Howard Schissel |
The French state utility, Gaz de France, or GdF, is fighting for a larger portion of the domestic en
TRADE CENTER'S CHIEF LOVES JOB
William Armbruster |
Guy F. Tozzoli received eight different job offers from the private sector after he announced his pl
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
S. Korea Plans Fund To Help Third WorldSEOUL, South Korea - South Korea plans to create a fu
Maritime
3M ACQUIRES UNITEK CORP.
Journal of Commerce Staff |
Minnesota Mining & Manufacturing (3M) announced the acquisition of Unitek Corp. of Monrovia, Calif.,
THIRD WORLD DEBT STIRS CONCERN WORLD BANK SEES LASTING DAMAGE TO GLOBAL ECONOMY
Richard Lawrence |
The developing countries' debt problems, if left uncorrected much longer, threaten lasting damage to
CONSUMERS BOARD TO PROPOSE FORMING HOLDING COMPANY
Journal of Commerce Staff |
The board of directors of Consumers Power Co. announced that it will recommend forming a holding co
VENEZUELA FINDS SPACE IN OVERCROWDED MARKET
Tim Sansbury |
Venezuela, following in the footsteps of its South American neighbor Colombia, is getting set to cro
MEMTEK CORP., DU PONT AGREE ON VENTURE
Journal of Commerce Staff |
Memtek Corp., Billerica, Mass., and E.I. Du Pont de Nemours & Co., Wilmington, agreed to jointly dev
ICI REPORTS DIP IN NET INCOME
Journal of Commerce Staff |
Imperial Chemical Industries PLC reported fourth quarter net income of $169 million, or $1.04 an Ame
CHINA HINTS AT CUTS IN FERTILIZER IMPORTS
Journal of Commerce Special |
U.S. exports of fertilizer to China, one of the world's greatest consumers, are likely to drop again
FEW HOTELS RATED BEST BY MOBIL
Christopher Lofting |
Britain has its Egon Ronay, France has its Michelein and we have our Mobil Travel Guide. Eve
AVIATION BRIEFS
From Wire and Staff Reports |
Boeing 767 Testing Being Held in BoliviaLA PAZ, Bolivia - The first high-altitude airport te
CANADIAN TRUCKING DEREGULATION PUSHED
Andrew Tausz |
Thomas Brooke, president of irregular route carrier Frederick Transport of Dundas (just outside the
ROTTERDAM TALKS BREAK OFF DOCKERS HANDLING CONVENTIONAL CARGO RESIST MANNING PLAN
Simon Cameron Moore |
Faced with a lack of progress in talks to end the strikes by conventional cargo dockers, Rotterdam's
Maritime
NORSKE CRUISE SUES KLOSTER CRUISE, WARTSILA OVER LOSS OF LINERS
Bob Wesenberg |
Norske Cruise A/S has decided to sue both Kloster Cruise A/S and Finland's Wartsila shipyard for up
Maritime
PLASTICS CORNER
Journal of Commerce Staff |
Canadian Shipments Increase in ValueShipments by Canadian plastics processors (custom, propr
ROYAL INSURANCE POSTS STRONG RECOVERY IN US
Edwin Unsworth |
Royal Insurance PLC, one of Britain's biggest insurance companies, reported a record pretax profit f
WORLD MONEY FRONT DOLLAR DROPS ON ORDER FIGURES
Knight-Ridder Financial |
The U.S. dollar plunged sharply in early trading Thursday on news that durable goods orders fell mor
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
CRUDE PRICES RALLY IN EUROPE
Bruce Barnard |
European oil prices rallied by 40 cents a barrel Thursday after falling sharply for three consecutiv
WON APPRECIATION REPORTED IN SEOUL
(Ap) |
South Korea has decided to appreciate the won against the U.S. dollar by 6 percent by the end of thi
Maritime
UK INDUSTRY MAY LOBBY AGAINST US PROTECTIONISM
Journal of Commerce Staff |
Top British industrialists may send a mission to Washington to lobby against protectionist pressures
SABENA, SAS MAY SHARE SOME ROUTES
Edwin Unsworth |
Two European airlines, Sabena, the Belgian state carrier, and Scandinavian Airlines System are conti
THAI OFFICIAL DEFENDS RAIL PLAN
(Ap) |
A government official defended Thailand's proposal to restore the infamous ''death railway," and sai
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
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