demand

Australian iron ore baron bets big on global green revolution

Australian iron ore magnate Andrew Forrest wants to turn his company, Fortescue Metals Group LtdĀ (FMG.AX), into the world's biggest green…

4 years ago

U.S. consumer spending takes breather; inflation pushes higher

U.S. consumer spending paused in May as shortages weighed on motor vehicle purchases, but the supply constraints and increased demand…

4 years ago

Indian oil refiners cut output, imports as pandemic hits demand

India's top oil refiners are reducing processing runs and crude imports as the surging COVID-19 pandemic has cut fuel consumption,…

5 years ago

Siemens Energy cuts sales outlook on heels of Siemens Gamesa

Siemens Energy (ENR1n.DE), which supplies turbines to the power sector, on Wednesday lowered the upper end of its target range for…

5 years ago

U.S. House panel discusses low-carbon fuel with airline, biofuel industries

Members of a U.S. House of Representatives subcommittee met on Tuesday with representatives from the biofuels and airline industries to…

5 years ago

Australia job ads rise 4.7% in April as demand for labour stays strong

Australian job advertisements climbed for an 11th straight month in April to reach their highest in 12 years, suggesting strong…

5 years ago

Oil maintains upward momentum but virus concerns cap gains

SINGAPORE (Reuters) -Crude oil climbed on Wednesday after industry data showed U.S. inventories declined more than expected and OPEC raised…

5 years ago