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  • MELBOURNE, Nov 23- Engie and Mitsui have agreed to sell their Loy Yang B coal-fired power station in Australia to Alinta Energy, bolstering the Chinese-owned firm's foothold in the country's tight energy market. Alinta, owned by Hong Kong conglomerate Chow Tai Fook Enterprises, will pay more than A $1.1 billion for the plant, a person familiar with the deal said.

  • The agreement will be effective from June 1 for officials and July 1 for lowest paid workers at all companies with the exception of Koornfontein Mines, which will implement on July 1, and Delmas Coal, which will implement on July 1 for all employees.

  • SEATTLE— A major oil-by-rail terminal proposed on the Columbia River in Washington state poses a potential risk of oil spills, train accidents and longer emergency response times due to road traffic, an environmental study has found. The proposed $210 million terminal for the city of Vancouver would receive about 360,000 barrels of crude oil by trains a day.

  • BEIJING, Nov 23- Shanghai aluminum prices rose as much as 1 percent on Thursday, on track to end a four-day losing run despite some lingering bearish sentiment. The metal is still down by around 8 percent in Shanghai so far this month, as Chinese winter smelting restrictions in force from mid-November turned out to be less severe than the market expected.

  • BEIJING, Nov 23- Shanghai aluminium prices rose as much as 1 percent on Thursday, on track to end a four-day losing run despite some lingering bearish sentiment. The metal is still down by around 8 percent in Shanghai so far this month, as Chinese winter smelting restrictions in force from mid-November turned out to be less severe than the market expected.

  • DETROIT— Uber has managed to hold the title of world's largest ride-hailing service despite its seemingly endless string of scandals. Michael Pachter, a technology analyst based in Los Angeles, said he uses Uber five to 10 times a month. But for Vermont resident Jay Furr, the breach was the "final straw."

  • NEW YORK— Toys and TVs at J.C. Penney, Barbies at Best Buy, kitchen appliances like wine refrigerators at B.J.' s. And Amazon is the top destination for people to begin holiday shopping, according to a September study by market research firm NPD Group. The National Retail Federation trade group expects sales for that period to at least match last year's rise of 3.6...

  • *Saudi Arabia lobbies for extended OPEC production cuts. *But record US output counters OPEC efforts to tighten markets. WTI has been buoyed by the shutdown of the 590,000 barrel-per-day Keystone pipeline, one of the largest crude pipelines from Canada to the United States, as well as by another drawdown in commercial fuel inventories that came despite record...

  • SHANGHAI, Nov 23- China's yuan jumped to its highest in three weeks against the dollar on Thursday, breaching a key threshold, after a much stronger official fixing and a tumble for the greenback globally. Prior to market opening on Thursday, the People's Bank of China set its official yuan midpoint at the strongest level since Oct. 18, at 6.6021 per dollar.

  • *Fed minutes show many policymakers see near-term rate hike Markets in Japan, U.S. closed on Thursday. *Spot gold may test support at $1,283 per ounce- technicals. With the impending rate hike from the Fed next month, maybe gold prices have gone a bit too high and will come down in the aftermath of the rate hike, "said John Sharma, an economist with National Australia Bank.

  • SHANGHAI, Nov 23- China stocks were on track to post their biggest one-day percentage loss in over three months on Thursday amid signs of tighter liquidity. **China's blue-chip CSI300 index was down 1.38 percent, with its financial sector sub-index lower. **Chinese H-shares listed in Hong Kong rose 0.33 percent at 11,998.62, while the Hang Seng Index was up.

  • China and Myanmar have had close diplomatic and economic ties for years, including increasingly in the strategically important oil and gas sectors, and China has offered its support to its southern neighbour, also known as Burma, throughout a crisis over its treatment of its Rohingya Muslim minority. Meeting in Beijing, Li Zuocheng, who sits on China's Central...

  • Tesla won a bid in July to build the 129 megawatt hour battery for South Australia, the country's most wind power-dependent state, with a vow from Chief Executive Elon Musk to install it within 100 days of signing a grid connection agreement or give it to the state for free. The Tesla Powerpacks have now been fully installed at a wind farm run by France's Neoen, and...

  • TORONTO/ SAN FRANCISCO, Nov 22- A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that the ride-service provider had covered up a data hack- something of a metaphor for Uber, a company with boundless investor interest, but whose penchant for rule-breaking has led to a series of scandals.

  • SINGAPORE, Nov 23- The dollar touched a two-month low against the yen on Thursday, having tumbled after the minutes of the Federal Reserve's latest meeting showed some policymakers were concerned about persistently low inflation in a blow to rate hawks. The dollar eased to as low as 111.07 yen in holiday-thinned Asian trade, its weakest level since Sept. 18, and...

  • SYDNEY, Nov 23- The dollar was on the defensive Thursday after suffering its worst drubbing in five months while bonds celebrated a comeback on speculation the Federal Reserve might not tighten U.S. policy as aggressively as previously thought. Moves in Asian share markets were minor with Japanese markets closed for a holiday and the United States off for...

  • BEIJING, Nov 23- Aluminum rose by around 1 percent in early trade on the Shanghai Futures Exchange on Thursday, on track to end a four-day losing run. *SHFE AlUMINIUM: Shanghai's most-traded aluminum contract was up 0.9 percent at 15,045 yuan a tonne at 0112 GMT, having begun November close to 16,400 yuan a tonne. *LME ALUMINIUM: On the London Metal Exchange,...

  • BEIJING, Nov 23- Aluminium rose by around 1 percent in early trade on the Shanghai Futures Exchange on Thursday, on track to end a four-day losing run. *SHFE AlUMINIUM: Shanghai's most-traded aluminium contract was up 0.9 percent at 15,045 yuan a tonne at 0112 GMT, having begun November close to 16,400 yuan a tonne. *LME ALUMINIUM: On the London Metal Exchange,...

  • WASHINGTON/ CARACAS, Nov 22- Venezuelan President Nicolas Maduro said on Wednesday that Venezuelan-American executives at refiner Citgo who were arrested in a corruption sweep this week would be tried as "corrupt, thieving traitors" despite a request by the United States to free them. Five of six executives of U.S.-based refiner Citgo who were arrested in...

  • SAO PAULO, Nov 22- A new version of Brazil's unpopular pension reform bill presented on Wednesday would require fewer years of contributions by private sector workers to receive a pension, according a draft of the legislation that the government hopes will win approval in Congress. The bill maintains the minimum retirement age of 65 years for men and 62 years...