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SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
US PANEL EXAMINING SAFETY OF LIGHT TRUCKS
(Ap) |
The federal government is considering whether it should extend automobile safety standards to light
NORWEGIANS WORRIED BY DROP IN CERTAIN EXPORTS TO SWEDEN
Bob Wesenberg |
The value of exports of Norwegian manufactured goods to Sweden declined by 10 percent in 1986. Accor
Maritime
WALLS BETWEEN BANKING, SECURITIES BEING CHIPPED AWAY
Sherie Winston |
The barriers separating traditional banking and securities activities are being chipped away and ind
PACKAGE DESIGN DRAWS MARKETERS' EYE
(Ap) |
Breyers had long been a leader in premium ice cream in the Northeast, but its packaging drew so many
BRAZIL'S CRACKDOWN ON INFLATION WORRIES MULTINATIONAL COMPANIES
James Bruce |
Government bureaucrats here are busily scrutinizing McDonald's menus - and it's not because they're
AMINO ACID DEMAND SEEN RISING
Journal of Commerce Staff |
The fast-growing pharmaceuticals industry is expected to help drive U.S. demand for amino acids from
FARM PRICES DECLINE 1.7 PERCENT
(Ap) |
Prices farmers get for raw products in January dropped an average of 1.7 percent, beginning the new
IRAN INCREASES CRUDE PRODUCTION
(Ap) |
Iran boosted its oil production to an estimated 2.2 million barrels a day after a three-week lull in
IMPORT BRIEFS
From Wire and Staff Reports |
Commerce Rules Chile Dumps CarnationsThe Commerce Department made a final determination that
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
Chase, Paribas Brokers Get Japanese LicensesThe Finance Ministry licensed brokerage houses a
TRANSPORT EARNINGS
JOC Staff |
Airborne Freight Earnings IncreaseSEATTLE Airborne Freight Corp. reported fourth quarter ear
STRIKE CLOSES DOWN MANCHESTER AIRPORT
(Ap) |
Manchester's Ringway Airport, Britain's busiest outside London, was closed to passengers for a fift
TENNECO UNIT OPENS UK OFFICE
Journal of Commerce Staff |
Tenneco United Co., a general trading and marketing unit of Tenneco Inc. of Houston, Texas, has open
CALIFORNIA LAWMAKER DIES BEFORE HER BILL IS INTRODUCED
Journal of Commerce Staff |
A California congresswoman who sought to create a seaport park to preserve historic ships died the n
Maritime
BERRY, NORRIS BOARDS APPROVE MERGER PLANS
Journal of Commerce Staff |
The boards of Berry Petroleum Co. and Norris Oil Co. unanimously approved a resolution authorizing m
GOLD OUTPUT SHINES IN CHINA
P.T. Bangsberg |
Output of gold from China was up 14 percent last year on 1985, with a much larger contribution from
Maritime
MARITIME CALENDAR
JOC Staff |
American Association of Port Authorities. Seminar on container terminal design standards. Feb. 9-11
Maritime
SPOT PRODUCT PRICES
JOC Staff |
February 2, 1987 U.S. spot oil products price indications, sellers range, in cents per gallo
JOINT VENTURE TO DEVELOP SWEETENER
Journal of Commerce Staff |
Montedison SpA and Ferruzzi Group, both of Italy, and Biospherics Inc., of Rockville, Md., announced
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
PEOPLES POSTS 8.5 PERCENT DROP IN EARNINGS
Journal of Commerce Staff |
Peoples Energy Corp. reported net income of $18.8 million, or 58 cents a share, for the quarter ende
ENERGY BRIEFS
Wire and Staff Reports |
Japanese Firms Sign Kuwaiti Oil ContractsThree Japanese trading houses signed contracts with
WEAPONS PARTS RESTRICTIONS ADVOCATED
Journal of Commerce Staff |
Use of imported parts in weapons systems should be identified and limited, the Reserve Officers Asso
Maritime
TRANSBRASIL ERROR A SERIOUS SETBACK
James Bruce |
Having built Brazil's third-largest private airline from humble beginning as a meat-wagon carrier fo
HAPAG-LLOYD KEEPS POWDER DRY SHIPPING COMPANY BRACES FOR A DOWNTURN ON ITS MAJOR ROUTES
Bruce Barnard |
Hans Jakob Kruse, chairman of Hapag-Lloyd AG, still appears chastened by afinancial debacle
PATRICK, BAYOU AGREE TO MERGE
Journal of Commerce Staff |
Patrick Petroleum Co. and Bayou Resources Inc. agreed to a merger, in which Bayou will become a subs
ROTTERDAM DOCK UNREST SPREADS
Simon Cameron Moore |
Weekend stoppages at Europe Container Terminus, Rotterdam's largest container handler, fueled fears
Maritime
YUGO TO ADD 2 NEW MODELS
(Ap) |
Yugo America Inc. says it will add an updated base car and two new models to its low-priced U.S. lin
Maritime
CM&W'S SLINGSHOT TO RIVAL BN SERVICE
Andrea Chancellor |
The new Chicago, Missouri and Western Railway will start an intermodal short- haul service to rival
FOREIGN FIRMS SCRAMBLE TO COURT JAPANESE LABOR
(Ap) |
Foreign companies trying to establish affiliates in Japan must improve their image to attract qualif
Maritime
CHINA TO LAUNCH SATELLITE FOR HOUSTON COMPANY
(Ap) |
China contracted to send a U.S. communications satellite into orbit in 1988, in its first foreign sa
Maritime
5-MONTH-OLD QUEBEC DOCK DISPUTE SHOWS NO SIGNS OF ENDING SOON
Leo Ryan |
A longshoreman for 46 years, Charles Baumont says he's never seen anything like the 21-week-long wat
AVIATION BRIEFS
From Wire and Staff Reports |
Hapag-Lloyd Flug Orders Airbus AircraftHapag-Lloyd Flug of West Germany said it sign
STOCKS RISE SHARPLY EVEN AS BONDS SLUMP
Journal of Commerce Staff |
Stocks rose sharply in active trading Monday, even as bonds slumped ahead of the Treasury's big refu
NAVY OPTS FOR QUICK REPAIRS PACIFIC FLEET'S BIG JOBS FINISHED BUDGET CUTS EXPECTED
John Davies |
The Navy's Pacific Fleet intends to phase out long, expensive ship overhauls in favor of quicker, ch
ENERGY BRIEFS
From Wire and Staff Reports |
NRC Finds Violations At Nine Mile Point 1SYRACUSE, N.Y. - The federal Nuclear Regulatory Com
GYNEX WINS FDA APPROVAL FOR GENERIC CONTRACEPTIVES
Journal of Commerce Staff |
Gynex Inc. secured Food and Drug Administration approval of two new generic oral contraceptives deve
WHEAT EXPORTERS EYE LATIN MARKET
Knight-Ridder Financial |
U.S. wheat exports to South and Central America could increase, but political and economic problems
CANADA EXPECTS DECLINE IN HOG EXPORTS TO US
Knight-Ridder Financial |
Canadian live hog exports to the United States in 1987 are forecast at 501,000 head, down from the 1
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