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BHP misses full-yr iron ore guidance by 3 mln/t

SYDNEY, July 20 (Reuters) - BHP Billiton
said on Wednesday it fell three million tonnes short of its iron
ore production guidance for fiscal 2016 due to its Samarco
disaster in Brazil.

UPDATE 1-Chesapeake sued for allegedly rigging bids on U.S. oil, natgas leases

July 19 (Reuters) - Investors who sold oil and natural gas
land leases to Chesapeake Energy Corp and now-bankrupt
SandRidge Energy Corp sued Chesapeake and Tom Ward,
SandRidge's former CEO, alleging that they conspired to depress
the market for those leases.

U.S. approves $785 mln bomb sale to UAE ally against Islamic State

WASHINGTON, July 19 (Reuters) - The U.S. State Department
has approved the sale of $785 million in bombs to the United
Arab Emirates for the U.S.-led campaign against Islamic State
militants in Syria and Iraq, the Pentagon said on Tuesday.

Chesapeake sued for allegedly rigging bids on U.S. oil, natgas leases

July 19 (Reuters) - Investors who sold oil and natural gas
land leases to Chesapeake Energy Corp and now-bankrupt
SandRidge Energy Corp sued Chesapeake and Tom Ward,
SandRidge's former CEO, alleging that they conspired to depress
the market for those leases.

Petrobras inclined to redo fuel unit stake sale -source

SAO PAULO, July 19 (Reuters) - Brazil's state-controlled
Petróleo Brasileiro SA is inclined to restart the process of
selling part of BR Distribuidora SA, a source with direct
knowledge of the matter said, as a recent bidding round put a
low price tag on the fuel distribution unit.

Gulf Keystone shares spike and plunge after junk bond deal

LONDON, July 19 (Reuters) - Gulf Keystone's stock
spiked and fell by a third on Tuesday as retail investors
flooded chatrooms trying to figure out how junk bond funds led
by former JP Morgan and Lehman Brothers traders will help
restructure the oil firm.

Argentina's Pampa Energia sells TGS gas stake in $241 mln deal

BUENOS AIRES, July 19 (Reuters) - Argentine utilities
company Pampa Energia said on Tuesday it had sold its
indirect stake in local natural gas supplier Transportadora de
Gas del Sur (TGS) for $241 million.

Formerly laggard U.S. stocks poised to keep leading in 2016 -Fundstrat

NEW YORK, July 19 (Reuters) - Gains for equities in 2016
have been buoyed by stocks that lagged during the bull market, a
trend that analysts at Fundstrat say is likely to continue in
the back half of the year as they have not come close to
recouping their underperformance.

Hunger, looting and now suspected cholera hit South Sudan

GENEVA, July 19 (Reuters) - Dozens of people have fallen ill
with suspected cholera in South Sudan's capital of Juba, while a
U.N. food warehouse was looted and destroyed, incurring $20
million of damage, the United Nations said on Tuesday.

UPDATE 3-Tesla shortens web address, mum on formal name change

DETROIT, July 19 (Reuters) - Electric vehicle maker Tesla
Motors Inc has changed its internet address from
teslamotors.com to tesla.com, hinting at a possible company name
change as part of CEO Elon Musk's latest and still undisclosed
"master plan."

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