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  • LONDON, Aug 21- Copper, aluminum and other base metals fell on Thursday after downbeat data on business activity in China and Europe, but investors were cautious about selling just a day after some were forced to bail out of short positions.

  • *Libya restarts oil exports from biggest port. "This is a figure which indicates that growth is likely to be reasonably moderate and any upside to current expectations about China will be possibly muted," said Ric Spooner, chief analyst at CMC Markets in Sydney.

  • *Libya restarts oil exports from biggest port. "This is a figure which indicates that growth is likely to be reasonably moderate and any upside to current expectations about China will be possibly muted," said Ric Spooner, chief analyst at CMC Markets in Sydney.

  • DIARY - Top economic Events to Sep 3 Wednesday, 20 Aug 2014 | 8:01 PM ET

    GUELPH- Canadian Finance Minister Joe Oliver will speak to reporters before a business roundtable in Guelph, Ontario- 1800 GMT. WYOMING, United States- European Central Bank President Mario Draghi to speak on "Reevaluating Labor Market Dynamics" in Jackson Hole, Wyoming- 1830 GMT. STOCKHOLM- Meeting of the General Council of the Riksbank.

  • *KKR& Co and TPG Capital in rival $3.1 bln takeover bids. SYDNEY, Aug 21- Australia's Treasury Wine Estates Ltd, the world's No. 2 winemaker, swung to its first annual net loss and missed analysts' forecasts as the takeover target grappled with massive oversupply in its U.S. arm and sales fell globally.

  • *G20 source says industry over-reacted to first plans. *Sector expects revised plans from G20 later in year. LONDON, Aug 20- Fund managers may face tougher scrutiny by global regulators than planned after their intense lobbying against a first proposal backfired, industry sources and G20 officials said.

  • LONDON, Aug 20- Brent crude oil edged higher towards $102 a barrel on Wednesday, after slumping to a 14- month low in the previous session, as growing output from Iraq and Libya despite violence in those countries has kept the market well supplied.

  • Clyde Russell is a Reuters columnist. BHP said its productivity-led volume and cost efficiencies were $2.9 billion in the year to end June 2014, beating its target by $1.1 billion. Given the company's net income for the period was $13.4 billion, the $2.9 billion in savings represents about 22 percent of the profit, which certainly looks impressive.

  • SINGAPORE, Aug 20- Brent crude futures steadied near 14- month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.

  • Brent holds near 14-month low on plentiful supply Tuesday, 19 Aug 2014 | 11:32 PM ET

    SINGAPORE, Aug 20- Brent crude futures steadied near 14- month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.

  • SYDNEY, Aug 20- AGL Energy Ltd, Australia's No. 2 gas and electricity retailer by sales, on Wednesday booked a 3.9 percent fall in underlying annual net profit as it experienced a warmer-than- expected winter and demand for energy fell.

  • *Capital Economics sees copper falling to $6,500 by year end. "The upward move is likely being helped by tightness in the nearby spreads in aluminium, helping to deter fresh shorts and triggering some short-covering activity," analyst Leon Westgate at Standard Bank said in a note. Copper prices, however, dipped on concerns over the potential for excess supply.

  • LONDON/ MELBOURNE- The world's biggest mining company, BHP Billiton, announces plans to spin off businesses worth an estimated $16 billion, most of them acquired in a 2001 merger, to focus on its most profitable activities.

  • LONDON, Aug 19- Copper prices steadied on Tuesday as encouraging signs from the U.S. economy offset concerns about top consumer China's struggling property sector and the outlook for industrial metals demand. Analysts said upcoming economic data from the United States and China could give a better picture of the copper demand outlook.

  • LONDON, Aug 19- Copper prices steadied on Tuesday, as encouraging signs from the U.S. economy offset concerns about top consumer China's struggling property sector and the outlook for industrial metals demand. Analysts said upcoming economic data from the United States and China could give a better picture of the copper demand outlook.

  • *London- listed shares drop 4 pct. MELBOURNE, Aug 19- The world's biggest mining company, BHP Billiton, announced plans to spin off businesses worth an estimated $16 billion, most of them acquired in its 2001 merger with Billiton, to focus on its most profitable activities. BHP's London- listed shares fell 4 percent.

  • *BHP UK shares drop 4 pct. MELBOURNE, Aug 19- Top global miner BHP Billiton will spin off a roughly $16 billion company to shareholders, mostly offloading assets acquired in its 2001 merger with Billiton, as it looks to focus on its strongest businesses.

  • BHP plans asset split, posts $13.8 billion profit Tuesday, 19 Aug 2014 | 3:58 AM ET

    SYDNEY— BHP Billiton, the world's biggest miner, said Tuesday it plans to split off some of its smaller assets into a separate company, as it posted a $13.8 billion annual profit. It will be based in Perth, Australia, and listed on the Australian Securities Exchange, with a secondary listing in South Africa.

  • *H2 profit up 8 pct to $5.69 bln. MELBOURNE, Aug 19- Top global miner BHP Billiton will spin off a roughly $14 billion company to shareholders, mostly offloading assets it acquired in its 2001 merger with Billiton, as it looks to focus on its strongest businesses.

  • Aussie miner lawmaker criticized for China tirade Tuesday, 19 Aug 2014 | 12:47 AM ET

    CANBERRA, Australia— A larger-than-life Australian mining magnate turned lawmaker, Clive Palmer, was widely accused Tuesday of threatening Australia's relationship with its biggest trading partner through an extraordinary tirade against China.