China August crude steel output slumps as mills grapple with losses
BEIJING, Sept 15 (Reuters): China's crude steel output in August fell 6.1 per cent from July, a third straight month of declines, as steelmakers grappled with losses from a decline in steel prices.The world's largest steel producing country made 77.92 million metric tons of crude steel last month, data from...
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Boeing strike could drag on as workers push for higher wages: Union leader
SEATTLE, Sept 15 (Reuters): A strike at Boeing "could go on for a while" as workers are confident they can get bigger wage increases and an improved pension, union leader Jon Holden said in an interview with National Public Radio (NPR) on Saturday.More than 30,000 members of the International Association...
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Leading olive oil producer Spain turns to olive stones for fuel
MADRID, Sept 15 (Reuters): Farmer David Jimenez Zamora barely flinched when gas and electricity prices in Spain soared with the energy crisis.He kept heating the covered pool in the 18th century farmhouse he rents to tourists and the hot water running for as many as 26 guests at once without...
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Indonesia to cut subsidised fuel sales to limit pollution
JAKARTA, Sept 15 (Reuters): Indonesia plans to upgrade the quality of subsidised and polluting fuels, while also selling them to fewer vehicles, in a bid to improve the air quality in the capital Jakarta and other big cities, a senior government official said.Southeast Asia's biggest economy currently implements a blanket...
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Chicago wheat futures hit 12-week peak
CHICAGO, Sept 15 (Reuters): Chicago Board of Trade wheat futures reached a 12-week high on Friday, the last trading day of the week, as escalating tensions in Russia's war with Ukraine increased uncertainty about Black Sea exports.Traders focused on the Black Sea after Ukraine, a major wheat and corn supplier,...
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