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Gasoline prices soar in North America’s Northwest

Bloomberg A natural gas pipeline rupture in British Columbia forced refineries in Washington to cut output, pushing gasoline prices higher in the Pacific Northwest. Enbridge Inc.’s WestCoast Mainline ruptured near Prince George. The fire has been extinguished, Michael Barnes, a company spokesman, said. The line, along with an adjacent one, has been depressurized, and he said the company “cannot speculate ...

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Congo miners seek code concessions

Bloomberg Miners in the Democratic Republic of Congo are seeking concessions under the nation’s new industry code and holding off challenging it through arbitration, in the hope they can still wring out a compromise in the world’s main source of cobalt and Africa’s biggest copper producer. Producers including Glencore and Randgold have opposed the new code that raised royalties, introduced ...

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Singapore private home sales jump 51%

Bloomberg Private home sales in Singapore jumped 51 percent in September as developers marketed more projects post the hungry-ghost festival month, a period Chinese buyers consider inauspicious, and as buyers moved past the additional cooling measures imposed in July. Developers in the city-state sold 932 units, the Urban Redevelopment Authority said in a statement on Monday. That compares with 617 ...

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