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U.S. grain handler Andersons to exit retail business

Jan 15 (Reuters) - Loss-making U.S. grain handler Andersons
Inc said on Sunday it plans to exit the retail
business, affecting over a thousand employees, at a time when
the U.S. farm sector is facing a downturn due to a sharp decline
in grain prices.

Australia govt, Alcoa say making progress in aluminium smelter talks

SYDNEY, Jan 16 (Reuters) - Plans to provide government
support to keep open a 30-year-old aluminium smelter in
Australia owned by Alcoa have made "progress", parties
involved in talks said on Monday without giving details.

Japan's Inpex to extend holding in Abu Dhabi oilfields

TOKYO, Jan 16 (Reuters) - Japan's Inpex Corp said
on Monday it had agreed with Abu Dhabi National Oil Co (ADNOC)
to extend its holdings in the Satah and Umm Al-Dalkh offshore
oilfields in Abu Dhabi by about 25 years.

Oil prices edge up on weaker dollar, expected crude output cuts

SINGAPORE, Jan 16 (Reuters) - Oil prices inched up on
Monday, supported by a weaker dollar and expectations that OPEC
and other producers will cut output as part of a deal to curb
global oversupply.

UK M&A to drop sharply in 2017 as investors await Brexit clarity - Baker McKenzie

LONDON, Jan 16 (Reuters) - Mergers and acquisitions activity
in the United Kingdom will drop sharply in 2017 due to
uncertainty over the terms of its exit from the European Union,
law firm Baker McKenzie said in a report published on Monday.

UPDATE 2-Australia's DUET Group recommends raised offer from Hong Kong's CKI

SYDNEY, Jan 16 (Reuters) - Australian energy firm DUET Group
on Monday said its board would recommend a takeover
offer from a consortium led by Hong Kong's Cheung Kong
Infrastructure Holdings (CKI) after the price was
increased slightly to value the company at A$7.37 billion ($5.51
billion).

UPDATE 1-Venezuela will circulate new proposal next week to support oil prices

CARACAS, Jan 15 (Reuters) - Venezuela will next week
circulate a new proposal to crude producers in a bid to support
oil prices, President Nicolas Maduro said on Sunday, without
providing details.

Venezuela will circulate new proposal to support oil prices next week

CARACAS, Jan 15 (Reuters) - Venezuela will next week
circulate a new proposal to crude producers in a bid to support
oil prices, President Nicolas Maduro said on Sunday, without
providing details.

UPDATE 1-Indonesia, Japan discuss maritime security, railway project

* Abe: important to solve South China Sea conflict
peacefully

Fierce Merkel critic resigns from conservative party

BERLIN, Jan 15 (Reuters) - A fierce internal critic of
German Chancellor Angela Merkel announced on Sunday she would
resign from the centre-right Christian Democratic Union (CDU)
party, accusing Merkel of having harmed the country with her
migration policy.

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