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weakening demand News

Major coal company files for bankruptcy - over 1,000 jobs at risk

A major U.S. coal company filed for bankruptcy Monday, putting more than 1,000 jobs across three states at risk, making this the second coal producer to file for bankruptcy in the past two weeks.

Weakening gasoline demand in U.S. has refiners worried

U.S. refiners are facing the prospect of another year of dismal earnings as a weakening demand for gasoline at the pumps continues its downward spiral.

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