LAUNCESTON, Australia - One of the big hopes for a revival of the US coal industry since the election of President Donald Trump is increasing exports. Right on cue, it looks likely that more of the fuel will be shipped to foreign buyers.
While automation represents a potential threat to jobs the world over, it is particularly sensitive in an industry employing hundreds of thousands of blue-collar workers in nations where mining represents a major chunk of GDP.
NEW YORK - Oil prices rose on Friday, trading near a one-month high and closing the week up 3 percent after the United States fired missiles at a Syrian government air base, raising concern that the conflict could spread in the oil-rich region.
BRUSSELS- World No. 1 shipping company Maersk Line is set to win EU antitrust approval for its acquisition of Hamburg Sud after agreeing to pull the German company out from some trade routes, a person familiar with the matter said on Friday.
SANTIAGO — The copper business will recover from crisis mode after plummeting prices for the metal resulted in output cuts, industry executives said at a meeting in world top copper producer Chile this week, but they expect that incipient recovery will be slow.
Chinese rebar steel futures dropped more than 2 percent on Thursday, pressured by growing supply while seasonal demand in the world’s largest steel consumer appears to be slower than many had expected.
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