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Oil prices edge up as production cuts keep market supported By Reuters

Oil prices edge up as production cuts keep market supported By Reuters

© Reuters. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S. February 11, 2019. REUTERS/Nick Oxford//File Photo SINGAPORE (Reuters) – Oil prices rose in early trade on Tuesday as supply concerns arising from…

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US autoworkers may wage a historic strike against Detroit’s 3 biggest automakers – with wages at EV battery plants a key roadblock to agreement

US autoworkers may wage a historic strike against Detroit’s 3 biggest automakers – with wages at EV battery plants a key roadblock to agreement

The United Auto Workers union, which represents nearly 150,000 employees of companies that manufacture U.S.-made vehicles, kicked off in mid-July 2023 the labor negotiations it undergoes every four years with the three main unionized automakers.…

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Foreign interference through social media is an active threat. Here’s what Australia can do

Foreign interference through social media is an active threat. Here’s what Australia can do

Last week, a special Senate committee released a report on foreign interference through social media. It makes for scary reading. In addition to widely publicised criticisms of WeChat and TikTok – social media platforms owned…

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Brazil ‘natural’ coffee hits premium market in challenge for small farmers By Reuters

Brazil ‘natural’ coffee hits premium market in challenge for small farmers By Reuters

© Reuters. A worker selects coffee beans from coffee plants during a harvest at a farm in Esp?rito Santo do Pinhal, 200 km (124 miles) east of Sao Paulo May 18, 2012. REUTERS/Nacho Doce/File Photo…

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How canny marketing and strong supply links gave the world a taste for Scotch whisky

How canny marketing and strong supply links gave the world a taste for Scotch whisky

Scotch whisky exports grew from £4.51 billion in 2021 to more than £6 billion in 2022, while separate government figures showed a 25% sales increase last year – the biggest for any UK manufactured product…

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Oil extends gains, hovers at four-month highs on OPEC+ cuts By Reuters

Oil extends gains, hovers at four-month highs on OPEC+ cuts By Reuters

© Reuters. FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo By Florence Tan SINGAPORE (Reuters) –…

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Why the pound has shot up while UK economy is struggling – expert Q&A

Why the pound has shot up while UK economy is struggling – expert Q&A

When Liz Truss and Kwasi Kwarteng’s tax-cutting mini-budget triggered a UK debt crisis in autumn 2022, the pound plummeted to almost parity with the US dollar. In 2023 the UK has endured weak growth, falling…

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Bees have appeared on coins for millennia, hinting at an age-old link between sweetness and value

Bees have appeared on coins for millennia, hinting at an age-old link between sweetness and value

In 2022, the Royal Australian Mint issued a $2 coin decorated with honeybees. Around 2,400 years earlier, a mint in the kingdom of Macedon had the same idea, creating a silver obol coin with a…

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Energy & precious metals – weekly review and outlook By Investing.com

Energy & precious metals – weekly review and outlook By Investing.com

© Reuters. Investing.com — There are four more weeks to this year’s Labor Day – the timeline typically used to ascertain the peak for summer oil demand; typically, because oil demand itself is so dynamic…

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The oil industry has succumbed to a dangerous new climate denialism

The oil industry has succumbed to a dangerous new climate denialism

If we have not been warned of the dangers of climate change this summer, we never will be. Extreme heat, forest fires and floods have been all over news reports. Yet the oil and gas…

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