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  • CALAIS, France, June 30- Ferry workers on Tuesday threatened to continue their protest on Wednesday after blocking Calais' port for two days, forcing the closure of the Channel Tunnel linking France and England for several hours. Traffic in both directions, halted on early Tuesday afternoon, resumed at around 1500 GMT, Eurotunnel said. Eurotunnel Chief Executive...

  • NEW YORK— The top legislative body of the United Church of Christ voted Tuesday to divest from companies with business in the Israeli-occupied Palestinian territories, in a sign of the growing momentum of a U.S. protest movement against Israeli policy. Last year, the Presbyterian Church voted to sell stock in a few companies whose products are used by Israel in...

  • *Brazil, Iraq seen as top global oil supply contributors. LONDON, June 30- Massive downward revisions to oil output in Brazil and Iraq have increased the risks for oil markets of going from the current feast to famine within just a few years, leading to a price spike that would give a new boost to the U.S. shale industry. Brazil and Iraq had been expected to add over 2...

  • *TAQA is only listed quasi-sovereign firm in Abu Dhabi. ABU DHABI/ DUBAI, June 30- Abu Dhabi may merge its national energy company into another state-owned business to make the company's crippling debts more manageable and try to turn around its performance, sources familiar with the matter told Reuters. Billions of dollars were spent on assets, with Canada and...

  • DUBAI, United Arab Emirates— Fast-growing Dubai, where something new is always being added to the skyline, may have found a way to make construction move even faster. Mohammed al-Gergawi, the United Arab Emirates' minister of Cabinet affairs, said the project is part of a broader effort by the seven-state federation to embrace cutting-edge technology and make it...

  • China, the world's dominant producer, was choking supply and investors were stampeding into the hottest ticket in town. The ensuing bust was equally spectacular with prices collapsing as buyers went on strike and China, under international pressure, loosened its stranglehold. With Molycorp and its Australian peer, Lynas, struggling to stay afloat, all the old...

  • *Glencore seen as main competitor for coal assets deals. Davis set up X2 Resources in 2013 only months after commodity group Glencore took over Xstrata. His fund has raised about $5.6 billion and has six main private investors, which include commodity trader Noble Group and private equity group TPG Capital, an Abu Dhabi investment fund and a Canadian pension...

  • CALAIS, France, June 30- Protesting ferry workers forced the closure of the Channel Tunnel linking France and England on Tuesday, blocking its entrance and setting fire to tyres thrown onto railway tracks. Workers at ferry service MyFerryLink are trying to prevent job cuts after their company was sold to a Danish firm earlier this month. Calais is a magnet for...

  • DUBAI, June 30- Dubai said it would construct a small office building using a 3 D printer for the first time, in a drive to develop technology that would cut costs and save time as the city grows. Dubai's one-storey prototype building, with about 2,000 square feet of floor space, will be printed layer-by-layer using a 20- foot tall printer, Mohamed Al Gergawi, the...

  • LONDON, June 30- X2 Resources, the private equity fund set up by former Xstrata boss Mick Davis, is now in initial bi-lateral talks to buy some of Rio Tinto's Australian coal assets, a source close to the situation said on Tuesday. The mining industry veteran is also considering buying some coal mines Anglo American has put up for sale in Australia, sources close to X2...

  • BEIRUT— The Central Bank of Syria has put into circulation a new 1,000- pound banknote, one that doesn't include the image of President Bashar Assad's father and the country's former president, Hafez Assad. Governor Adib Mayaleh's statement, carried by the state news agency SANA, says the move is part of efforts to improve the paper currency in circulation.

  • *Iraq exports hit record despite Baghdad, KRG tension. LONDON, June 30- OPEC oil supply in June has climbed to a three-year high due to record or near-record output from Iraq and Saudi Arabia, a Reuters survey found, underlining the focus of the group's top exporters on market share. OPEC supply has risen in June to 31.60 million bpd from a revised 31.30 million bpd in...

  • SINGAPORE/ LONDON, July 1- A decade after China kicked off a series of gold market reforms, plans to establish a yuan price fix mark one of Beijing's biggest step so far to capitalise on the country's position as the world's top producer and a leading consumer. While no immediate threat to the gold pricing dominance of London and New York, the benchmark could...

  • *Eyes on Iran nuclear talks in Vienna. Brent for August was up 60 cents at $62.61 a barrel by 0925 GMT, after falling to $61.35 on Monday, its weakest since June 5. U.S. crude was up 30 cents at $58.63, having closed down $1.30 at $58.33 a barrel.

  • PARIS, June 30- French telecoms group Orange and Israeli mobile phone operator Partner Communications said on Tuesday they had agreed terms to end their licensing deal following a public row in Israel, but Orange said it was still committed to Israel. Israel protested to France after Orange's Chief Executive, Stephane Richard, said earlier this month he would...

  • TOKYO, June 30- Oil futures hovered below three-week lows on Tuesday as investors waited for developments in Greece following a bank shutdown, keeping them away from riskier assets and putting Brent crude on course for a second month of declines. Brent crude futures were down 3 cents at $61.98 a barrel at 0624 GMT, after falling to $62.01 on Monday, their weakest...

  • *Jan-May imports from Iran slightly over 1 mln bpd. A deal between Iran and six world powers would resolve a 12- year standoff over the Islamic nation's nuclear work in exchange for relief from sanctions, which could eventually send millions of barrels flooding into an already saturated market. Iran, the United States, Britain, France, Germany, Russia and China...

  • NEW YORK/ LONDON, June 29- Mergers and acquisitions worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share. These include Royal Dutch Shell Plc's $70 billion acquisition of British rival BG Group Plc, cable...

  • LONDON/ HONG KONG, June 30- Money raised in global equity capital markets rose in the first half of the year to top $500 billion, but bankers' fees fell as secondary share sales supplanted lucrative stock market listings as the dominant deals. Initial public offerings had reigned supreme in the first half of last year, but they dropped by 18 percent to $96.8 billion...

  • *Worried about Greece, investors shun riskier assets. NEW YORK, June 29- Crude futures hit 3- week lows on Monday as Greece shut its banks and imposed capital controls, causing widespread risk aversion, while Iran looked likely to extend nuclear negotiations with the West to export more of its oil into an oversupplied market. "It's all about Greece today," said oil...