LONDON :Oil steadied on Thursday after settling lower the previous day as signs of retreating fuel demand in the U.S., the world’s biggest oil user, contended with widening conflict risks in the Middle East. This week’s supply report from the U.S. Energy Information Administration (EIA) on Wednesday showed gasoline stockpiles…

In addition to business leaders, Blinken will also meet with local officials and students before heading to Beijing for talks on Friday with his counterpart, Foreign Minister Wang Yi, and a likely meeting with President Xi Jinping. Blinken also attended a basketball game and dined at a steamed bun restaurant Wednesday night with US Ambassador Nicholas Burns, underscoring the importance to the US of rebuilding personal connections with the Chinese people. “Face-to-face diplomacy matters,” said…

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:Filtronic’s shares surged 50 per cent to a decade-high on Wednesday after the British engineering group deepened its partnership with SpaceX’s Starlink platform and gave the Elon Musk-controlled company the option to take a stake.Filtronic, which manufactures products for the aerospace, defence, space and telecom infrastructure markets, already supplies Starlink…

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