South America
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Fistfights broke out in Venezuela's parliament on Tuesday during an angry session linked to the South American nation's bitter election dispute.
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DOHA, Dec 9- Developing nations will push next year for a radical U.N. mechanism to compensate them for the impact of climate change, such as droughts or rising sea levels, despite reluctance among wealthy states which would have to foot the bill.
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TOKYO, Dec 9- Japan says it has halted beef imports from Brazil after the South American nation notified the World Animal Health Organization of the discovery of the protein believed to cause bovine spongiform encephalopathy in a cow.
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*Russia to test shipments during transition period. MOSCOW, Dec 8- Meat imports to Russia from producers using ractopamine must be tested and certified free of the feed additive, the country's veterinary regulator said, denying on Saturday the requirement is a political retaliation.
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*Canada approves CNOOC bid for Nexen, Petronas buy of Progress. *CNOOC agrees to commitments on transparency, investment, others.
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*Canada approves CNOOC bid for Nexen, Petronas buy of Progress. *CNOOC agrees to commitments on transparency, investment, others.
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DOHA, Dec 8- Ecuador believes it has the support of Iran and Qatar for its proposal for OPEC members to pay a small levy on their oil sales to help poor countries fight global warming, the chief climate negotiator from OPEC's smallest producer said. OPEC collectively exports more than 30 million barrels a day at over $100.
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Canada has approved China's biggest ever foreign takeover, the $15.1 billion bid from CNOOC for energy company Nexen, but has drawn a line in the sand against future buys by state-owned enterprises.
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MEXICO CITY, Dec 7- Mexico's new government on Friday forecast a slight economic slowdown in 2013, flagging risks to growth stemming from Europe's debt crisis and the battle in the U.S. Congress to avoid the so-called fiscal cliff.
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WASHINGTON, Dec 7- At least seven companies from China, India, South Korea and South Africa continued to have investments in Iran's oil and gas sectors in 2012 even as Tehran came under international scrutiny for its nuclear ambitions, a U.S. government watchdog said on Friday.
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*Canada approves CNOOC bid for Nexen, Petronas Progress buy. NEW YORK/ OTTAWA, Dec 7- Canada approved China's biggest ever foreign takeover on Friday, the $15.1 billion bid from CNOOC Ltd for energy company Nexen Inc., but drew a line in the sand against future buys by state-owned enterprises.
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SANTIAGO, Dec 7- Spain could miss its budget deficit target this year, Bank of Spain governor Luis Maria Linde said on Friday, just a week after the government announced it would hold pension payments flat to curb outlays. "The objective is 6.3 but it could be," Linde told Reuters on the sidelines of a seminar in Santiago, Chile. "
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*Deal puts Enersis cap hike share price at 173 pesos. SANTIAGO, Dec 7- Spanish energy firm Endesa said on Friday its Latin American power unit Enersis will issue shares to raise $5.963 billion, a figure that ends a dispute with pension funds and indicates Chile's largest capital hike should be approved.
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*February- PetroChina agrees to buy a 20 percent stake in Royal Dutch Shell Plc's Groundbirch shale gas property in northeastern British Columbia for an undisclosed price.
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Dec 7- Canada approved state-owned CNOOC Ltd's $15.1 billion bid for Nexen Inc on Friday, allowing China's biggest takeover of a foreign company to go ahead.
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*Brazil real sheds 0.6 pct, Mexico peso up 0.12 pct. SAO PAULO, Dec 7- Yields on Brazil's interest-rate futures rose sharply on Friday after higher-than-forecast inflation data reduced the scope for additional monetary easing next year, while the Mexican peso gained after encouraging U.S. payrolls data.
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*Deal puts Enersis cap hike share price at 173 pesos. SANTIAGO, Dec 7- Spanish energy firm Endesa SA and Chilean pension funds reached an agreement that puts regional energy group Enersis SA's planned capital increase at $5.963 billion, Endesa said on Friday, effectively ending the controversy over the operation.
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BRASILIA, Dec 7- Leaders of South America's Mercosur trade bloc gathered on Friday to consider adding two left-leaning governments to its ranks, but the meeting was overshadowed by growing protectionism and an undeclared trade war between Brazil and Argentina that threatens to rip the group apart.
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SANTIAGO, Dec 7- Spanish energy firm Endesa SA and Chilean pension funds have clinched a deal over regional energy group Enersis SA's controversial planned capital increase, a pension fund source told Reuters on Friday.
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NEW YORK/ LONDON, Dec 7- ICE arabica coffee futures surged on Friday, defying the weak trend in the commodity complex, on a wave of short-covering after chart-based indicators showed selling interest dried up after pushing the market to a 2-1/ 2- year low earlier this week.
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*Corn down 1.8 percent on dull demand, rising stocks. CHICAGO, Dec 7- U.S. corn futures fell to a 2-1/ 2 week low on Friday in the steepest slide in nearly a month, pressured by technical selling and concerns that stockpiles are growing as elevated prices blunt demand. But when we got to the top of the range, they dwindled, "said Don Roose, president of U.S. Commodities."