Funding & Business
After Gasoline, China’s Oil Refiners Face a Jet Fuel Glut
China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already dealing with ebbing demand for gasoline and diesel.
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Anglo American Plc signed an agreement with Chile’s state copper company Codelco to jointly develop their adjacent mines near Santiago in a bid to boost production without major investments.
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President Donald Trump expects to announce economic deals totaling more than $10 billion during his trip to the United Kingdom, according to senior US officials. Some of the deals are expected to be rolled out at a business reception hosted by Chancellor of the Exchequer Rachel Reeves and featuring both Trump and British Prime Minister Keir Starmer. Bloomberg’s Rosalind Mathieson reports.
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FTSE 100 Live: Pound Rises Ahead of UK Jobs Data
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