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Australian business wants political merry-go-round to stop

CANBERRA/SYDNEY, Sept 15 (Reuters) - The well-oiled revolving door of Australian politics, which has cycled through five leaders in as many years, is earning the nation a reputation for instability which, according to at least one government lawmaker, is starting to resemble Italy.

September gloom in store for US ethanol prices?

US ethanol producers are treading water right now with razor-thin margins brought on by low prices, but if historical trends hold up, things could get even uglier.

U.S. job market and automotive sales trends support growth in gasoline use

(Tue, 15 Sep 2015) U.S. motor gasoline product supplied, a proxy for gasoline use in the United States, has been rising after reaching an 11-year low in 2012. Although lower gasoline prices have been an important factor in the increase in gasoline use so far in 2015, changes in the labor market and in the vehicle sales mix over the past few years also have contributed to the rise in gasoline use.

INSIGHT-Conglomerate controlled by Iran's supreme leader a winner from nuclear deal

WASHINGTON/BEIRUT, Sept 15 (Reuters) - The historic nuclear deal reached between Iran and major world powers has yet to be implemented, but one clear winner has emerged: Iran's highest authority, Supreme Leader Ayatollah Ali Khamenei.

Turnbull sworn in as Australian prime minister after ousting Abbott

CANBERRA, Sept 15 (Reuters) - Malcolm Turnbull, an urbane former investment banker who supports marriage equality and action on climate change, was sworn in as Australia's 29th prime minister on Tuesday, a day after ousting longtime rival Tony Abbott in a party room coup.

Australia's new PM a progressive, self-made multi-millionaire

SYDNEY, Sept 15 (Reuters) - Australia's incoming prime minister is a self-made multi-millionaire who has strong links with the business community, progressive views for his conservative party and a level of public popularity of which the man he toppled could only dream.

Outgoing Australia PM Abbott says to make leadership change easy

CANBERRA, Sept 15 (Reuters) - Outgoing Australian Prime Minister Tony Abbott pledged on Tuesday to make the change of leadership as easy as possible after losing a party room vote to rival Malcolm Turnbull, giving Australia its fourth prime minister in two years.

UPDATE 3-China appears to be working on third airstrip on disputed South China Sea islets -expert

WASHINGTON, Sept 14 (Reuters) - China appears to be carrying out preparatory work for a third airstrip in contested territory in the South China Sea, a U.S. expert said on Monday, citing satellite photographs taken last week.

UPDATE 1-PBF planning to restart Chalmette refinery hydrocracker -sources

HOUSTON, Sept 14 (Reuters) - PBF Energy Inc plans to restart a 20,000 barrel-per-day (bpd) hydrocracking unit, perhaps as early as late 2016, at the 192,500-bpd refinery in Chalmette, Louisiana, of which the company is scheduled to take possession by the end of this year, said sources familiar with PBF's plans.

UPDATE 2-Petrobras chairman to take leave, to focus on job as Vale CEO

RIO DE JANEIRO, Sept 14 (Reuters) - Murilo Ferreira will take a leave of absence as chairman of state-run oil firm Petrobras, turning his full attention to his job as chief executive officer of Vale SA as the mining company grapples with a downturn in the sector.

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