Austrian steelmaker Voestalpine says its gas supply is secure
VIENNA (Reuters) - Austrian steelmaker Voestalpine said on Monday its natural gas supply is secure even if Russia's Gazprom stops deliveries to Austria altogether.
Trump’s pick for fracker-in-chief will have a tough time pumping a lot more oil
President-elect Donald Trump may find the road to cheaper gas prices is a little rocky. “Frack, frack, frack and drill, baby, drill,” Trump said at an October rally. Trump has said he wants to lower ...
Trump tariff hikes could knock UK GDP, says CEBR
Economists at the Centre for Economics and Business Research (CEBR) said a 20% tariff on all imports and a move to raise tariffs on Chinese goods to 60% could reduce UK gross domestic product (GDP) by ...
China’s Bid to Rein In Exports Roils Aluminum Stocks and Prices
Aluminum Corp of China Ltd. and China Hongqiao Group Ltd., the country’s top two aluminum smelters, slumped more than 5% in Shanghai and Hong Kong, while Yunnan Aluminum Co. hit its daily down limit ...
US Pump Prices Court Three-Year Low as Holiday Travel Roars Back
Unlike pump prices, road congestion won’t be immune to the deluge of travelers. Several cities, including Boston, New York, Los Angeles, Seattle and Washington, DC, will see more than double a ...
Spirit Airlines Files Bankruptcy in New York
(Bloomberg) -- Spirit Airlines Inc. has filed bankruptcy in the wake of greater competition from rival carriers and financial troubles following its scuttled merger with JetBlue Airways Corp. The ...