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Gas traders giving up on US winter

  Bloomberg Natural gas bears wagering on a no-show US winter may be in for a frosty surprise. Gas for delivery next March traded at the lowest premium on record to the April 2017 contract Friday, signaling that traders see little risk of another Polar Vortex in the months ahead. Autumn warmth has spooked the gas market, pushing prices to ...

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German minister snubs automakers to back e-vehicle China quota plan

  Bloomberg Germany’s environment minister is throwing her support behind an aggressive Chinese plan to boost sales of electric and hybrid vehicles, putting her at odds with her country’s automobile industry and some within the German government. China is considering legislation that would require automakers to sell a specific quota of zero- and low-emission vehicles. The figure would start at ...

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Iraqi forces in new push to make advance into Mosul

  Bartalla / AFP Iraqi special forces threw themselves back into battle on Saturday after a first foray into Mosul was blunted by stiffer than expected resistance from extremists defending the birthplace of their “caliphate”. While the elite Counter-Terrorism Service (CTS) fought the IS group in the streets of Mosul, the army and federal police attacked one of the last sizeable ...

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