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China’s fight against smog makes palladium 2018’s best metal

Bloomberg Palladium prices are shattering record highs, and investors are betting that tight supplies mean the bull run is just getting started. The metal, used in pollution-control devices in cars, has jumped almost 9 percent this year in New York, the best performance among major metals. Demand is roaring thanks to China, which is on a mission to reduce smog ...

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Pence-Xi showdown at Apec shows US-China divide widens

Bloomberg US Vice President Mike Pence traded sharp barbs with Chinese leader Xi Jinping in back-to-back speeches at a regional summit, showing that neither country appears to be giving ground in an escalating trade war. Xi received applause on Saturday when he told the Asia-Pacific Economic Cooperation (Apec) summit in Papua New Guinea that implementing tariffs and breaking up supply ...

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California fires: PG&E crisis deepens with $12bn market wipeout

Bloomberg The implications are unsettling: 15 minutes before a fire was reported among the trees north of Sacramento — the spark that would explode into the deadliest blaze in California history — a PG&E power line in the area went offline. A week later, at least 56 people have been found dead — and PG&E Corp is facing its gravest ...

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