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Sharp fuel price hike sparks protests in Zimbabwe

HARARE, Jan 14 (AFP): Angry protesters barricaded roads with burning tyres and rocks in Zimbabwe on Monday after the government more than doubled the price of fuel in a bid to improve supplies as the country battles its worst gasoline shortages in a decade.Protesters turned back drivers and blocked buses...

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Aviation industry urges US lawmakers to end shutdown

NEW YORK, Jan 14 (Reuters): The global aviation industry represented by Aeronautical Repair Station Association (ARSA) and more than 30 other associations has called upon US President Donald Trump and Congress to end the partial shutdown.The partial government shutdown started on 22 December 2018 and has put aircraft safety inspections,...

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Trump can’t stop US coal plants from retiring

NEW YORK, Jan 14 (Reuters): More US coal-fired power plants were shut in President Donald Trump's first two years than were retired in the whole of Barack Obama's first term, despite the Republican's efforts to prop up the industry to keep a campaign promise to coal-mining states.In total, more than...

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Oil falls back to $60

LONDON, Jan 14 (Reuters): Oil slipped to around $60 a barrel on Monday after data showed weakening imports and exports in China, the world's second-largest oil consumer, raising the prospect of a slowdown in fuel demand.China's exports fell by the most in two years in December while imports contracted, official...

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Newmont to buy Goldcorp in $10b deal

ONTARIO, Jan 14 (Reuters): Newmont Mining Corp said on Monday that it would buy smaller rival Goldcorp Inc in a deal valued at $10 billion, creating the world's biggest gold producer by output.The deal is the second high-profile merger in the mining industry since Barrick Gold Corp agreed to buy...

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