The Engen oil refinery in South Africa, the country’s oldest, will be converted into a terminal capable of importing cleaner fuels after suffering annual losses for much of the past decade.

Mexico’s bill to increase government controls over the fuel market won final congressional approval in the latest blow to the country’s historic opening up of the energy industry.

Pfizer Inc. and Johnson & Johnson officials on Thursday hailed intellectual property as a major bolster for Covid-19 vaccine distribution, balking at calls from the global community to waive patent rights for broader immunization.

Gold fell the most in more than a week as better-than-expected U.S. jobs data reduced its appeal as a safe haven.

The Biden administration is weighing an appeal from progressive Democrats to accelerate global access to Covid-19 vaccines by supporting a waiver of intellectual-property protections, a move opposed by big drugmakers.

Nucor Corp. is pushing for higher U.S. duties on certain imports of steel plate from South Korea, arguing to the U.S. Court of International Trade that the Commerce Department overlooked a Korean subsidy program for domestic steelmakers.