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Clouds loom for oil as China chases blue skies

  Bloomberg China is throwing the world’s leaders a party, and oil bulls may be hit with the hangover. Authorities in the Asian nation have ordered hundreds of factories to curb activity ahead of the Group of 20 summit in Hangzhou in early September, in a bid to ensure blue skies when the red carpet is rolled out. The curtailments, ...

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Profit jumps for top Oz steelmaker

  Bloomberg BlueScope Steel Ltd., Australia’s top steel producer, surged to a five-year high after the company doubled profits, helped by cost cuts and higher revenues. While prices and margins are poised to drop a bit, they’ll still be better on average than levels seen during the past 12 months, Chief Executive Officer Paul O’Malley said in an interview with ...

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Japan turns to foreign workers as farmers age

  Bloomberg Japan is struggling to keep its farms running as farmers age and young people shun the work. This has opened the door for more foreign workers — including a growing number found to be working illegally. The number of Japanese farmers has dropped by about half since 2000, to below 2 million this year, according to the agriculture ...

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