U.S. Import Prices Jump 0.9% In August, Much More Than Expected

Import prices in the U.S. saw another notable increase in the month of August, according to a report released by the Labor Department on Tuesday. The Labor Department said import prices climbed by 0.9 percent in August after jumping by an upwardly revised 1.2 percent in July. Economists had expected import prices to rise by […]

AGL calls for gas import solutions to avoid looming crisis

Australia's biggest energy supplier, AGL, says the development of terminals for importing liquefied natural gas along the east coast is needed if the nation is to avoid a looming supply shortage in the southern states. In a warning on Monday, the competition regulator found that although there was a slight improvement in the east coast […]