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FINANCIAL BRIEFS
From Wire and Staff Reports |
EC Proposes Code For Bank Credit CardsBRUSSELS, Belgium - The European Commission said it wi
CHEMICAL MARKETS
Journal of Commerce Staff |
Cyclohexane Consumption,Prices UpThe market for cyclohexane has strengthened due to
INSURANCE BRIEFS
From Wire and Staff Reports |
Paralyzed Man Loses Bid for DamagesA federal judge ruled that a man paralyzed in a diving ac
ATA REPORT DRAWS FIRE TRUCKERS CLASH ON ECONOMIC REGULATORY ISSUES
Leo Abruzzese |
Conservative and liberal truckers clashed sharply over American Trucking Associations' controversial
EX-IM BANK FUNDING GROWS US EXPORT PROMOTION POLICY TO BENEFIT AIRCRAFT INDUSTRY
Bill Mongelluzzo |
The Export-Import Bank this year will be more aggressive in promoting U.S. ex ports, and the aircraf
Maritime
USL SHIFTS NY OPERATIONS TO ELIZABETH, CITING COSTS
Mark Magnier |
The last major shipping line to operate a container terminal on the New York side of the harbor is m
Maritime
BURNHAM EARNINGS ROSE IN QUARTER
JOC Staff |
Burnham Service Corp.'s fourth quarter earnings rose to $1.2 million, or 27 cents a share, from $370
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japan's NEC to Build UK Production FacilityNEC Corp., Japan's largest manufacturer of semico
Maritime
ADMINISTRATION REPORT EXTENDS US DOLLAR ROUT
Knight-Ridder Financial |
The week-long rout of the U.S. dollar in foreign exchange markets continued Wednesday, bringing its
OTIS ENGINEERING COURTS SOVIETS
Rose A. Horowitz |
Otis Engineering Corp. decided last year to end its six-year hold on trying to sell its oil and natu
BANKAMERICA DENIES ASKING FOR JAPANESE AID
(Ap) |
A local spokesman denied a report that BankAmerica Corp. of the United States had informally approa
Maritime
EX-IM BANK AIMS TO BOOST SUPPORT
Bill Mongelluzzo |
The Export-Import Bank this year will be more aggressive in promoting U.S. ex ports, and the aircraf
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Ends Peace Shuttle JERUSALEM - U.S. Middle East envoy Richard W. Murphy ended a week-long sh
Maritime
SERVICE INDUSTRIES THREATENED
Cristina Lee |
Protectionism is threatening growth in the lucrative international service industries. A rec
Maritime
JAPAN TO PRESS US TO HALT FALL OF DOLLAR
A.E. Cullison |
Tokyo has instructed a high-level official to press Washington for concerted efforts to halt the dol
CENTRAL GULF LINES ACQUIRES FOREST
Journal of Commerce Staff |
Central Gulf Lines purchased Forest Lines from International Navigation Ltd., a subsidiary of Intern
Maritime
BRAZIL RAILWAY ON FAST TRACK
James Bruce |
This could be the golden year for Brazil's perennially lackluster federal railway as ongoing improve
WEST COAST BRIEFS
From Wire and Staff Reports |
Calif. Bar Investigating Insurance Claim ScamThe State Bar is investigating whether private
Maritime
PLASTICS CORNER
JOC Staff |
Group Launches Fight to SaveThe Paper BagROCHESTER, N.Y. - A local humorist, who for
BRUNEI SAGA CONTINUES SMART MONEY BETS AGAINST QUICK RESOLUTION
Joyce Quek |
The saga of attempts to collect outstanding funds from National Bank of Brunei enters a new chapter
Maritime
OVERSEAS PROSPECTS BETTER FOR US BANKS
Journal of Commerce Staff |
U.S. banks are getting increased access to foreign markets, a U.S. government survey finds.
GEISCO AND ICL FORM VENTURE
Edwin Unsworth |
General Electric Information Services Co. Ltd., a British subsidiary of the Geisco division of Gener
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FOCUS ON IMPORTS TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
NEED SEEN TO UPDATE CHEMICAL RULES
Leah R. Young |
The federal regulatory structure has not caught up with science in the area of health standards for
BROOKLYN UNION TO BUY GAS FROM ENRON UNIT
Journal of Commerce Staff |
Brooklyn Union Gas Co. signed a long-term contract to purchase gas from the Enron Gas Marketing Inc.
WORKING VACATION SET FOR QE2
TOM McNIFF Jr. |
The Cunard liner Queen Elizabeth 2 will take a break from its cruise schedule next September to hous
Maritime
MITSUI WINS PACT FOR REEFERS JAPANESE OFFER BEST DEAL AND LAND CHILEAN LINE CONTRACT
Gregory S. Johnson |
Compania Sud Americana de Vapores, or Chilean Line, signed a contract with Tokyo-based Mitsui and Co
Maritime
CONSULTANT SAYS MEXICO TO REMAIN STRONG MARKET
JOC Staff |
Mexico is likely to continue as a strong agricultural market for the United States, especially given
PROTECTIONIST BILL IS SEEN UNLIKELY
Keith M. Rockwell |
The Democratic-controlled Congress won't resort to protectionist legislation as a way to reduce the
ILA CUTS ITS TIE TO NMC FORMED TO HELP UNITE INDUSTRY, COUNCIL HIT BY MAJOR DEFECTIONS
Alan Schoedel |
The International Longshoremen's Association has withdrawn from the National Maritime Council, the o
Maritime
TRUCK ASSOCIATION PUTS SKIDS ON BIDS TO END RATE CONTROL
Leo Abruzzese |
The American Trucking Associations rejected calls to end government rate controls in the motor carri
LABOR CHIEF DUBIOUS OF MINIMUM WAGE HIKE
Journal of Commerce Staff |
Labor Secretary William Brock did not rule out a possible increase in the minimum wage, although he
CME OPENS TRADING ON AUSTRALIAN DOLLAR
Andrea Chancellor |
The world's first futures contract trading on the Australian dollar got off to a good start at the C
TRAFFIC BRIEFS
Wire and Staff Reports |
4 Republicans Named To SubcommitteeWASHINGTON -- Four Republicans will serve on the Surface
TEXAS AIR SETS MAIL PLAN SUBSIDIARIES WIN TWO-YEAR POSTAL SERVICE CONTRACTS
Tim Neale |
The man who's taken over much of the U.S. commercial airline industry the past several months soon w
HONG KONG SHUFFLES OFFICIALS
P.T. Bangsberg |
In a major reshuffle of top government positions, Hong Kong will shortly get new senior people in th
Maritime
AUSTRALIA MAY REVISE DATED SHIP LAWS
Vincent W. Stove |
Australia is considering revision of its laws that cover commercial shipping disputes. Some of the
Maritime
ISRAEL LOWERS TAXES, DEVALUES
(Ap) |
The government, attempting to spur growth and control inflation, Tuesday lowered taxes and devalued
Maritime
LAWMAKERS STUDY IMPACT OF CBI
Canute James |
A U.S. congressional delegation sets out for the Caribbean basin this week to see if President Reaga
Maritime
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