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Libya requests UN sanctions exemption for sovereign wealth fund

UNITED NATIONS, March 30 (Reuters) - Libya is asking the U.N. Security Council to approve a sanctions exemption for its blacklisted sovereign wealth fund to halt billion-dollar losses caused by ineffective management of frozen assets, according to a letter released on Wednesday.

Petrobras to save $500 mln a year with reorganization plan

SAO PAULO, March 30 (Reuters) - State-controlled Petróleo Brasileiro SA, the Brazilian oil producer at the center of a sweeping corruption probe, plans to save 1.8 billion reais ($500 million) a year through a reorganization plan that includes the merger of several business units, job cuts and a streamlining of activities.

UPDATE 2-Bank of Canada: Oil shock recovery will take more than two years

EDMONTON, Alberta, March 30 (Reuters) - Canada will take more than two years to adjust fully to the drop in oil prices, a senior Bank of Canada official said on Wednesday, signaling no quick end to a shock that has roiled the economy.

A Look at Liquid Air Energy Storage Technology

With traditional coal-fired power stations coming to the end of their working lives, the challenge to engineers to develop clean, reliable energy technologies has never been so pressing.

The Next Generation in Wind Power Technology

The biggest factors in boosting wind turbine productivity — longer blades and taller towers — are fueling much of the next-generation research and development push to build a more powerful, efficient, durable and cost-effective turbine.

UPDATE 1-Nigeria arrests person suspected of bombing ENI pipeline - security official

YENAGOA, Nigeria, March 30 (Reuters) - Nigeria has arrested a person suspected of having bombed an oil pipeline belonging to Italy's ENI in the southern Delta region, the commander of a state security force said on Wednesday.

Washington nuclear plant to restart this week after shutdown

LOS ANGELES, March 30 (Reuters) - A Washington state nuclear power plant is expected to be restarted this week after it was shut down to check an issue with a valve that was discovered during a maintenance test, a representative said on Wednesday.

U.S. says new Syrian government including Assad a 'nonstarter'

WASHINGTON, March 30 (Reuters) - The White House said on Wednesday it would be a "nonstarter" to include Syrian President Bashar al-Assad in any new ruling coalition government to end the civil war in Syria.

Calfornia lawmakers urge CalPERS to divest from Exxon

WASHINGTON, March 30 (Reuters) - Two California Democratic congressmen on Wednesday urged the California Public Employees Retirement System, the largest U.S. public pension fund, to divest from oil giant ExxonMobil over its handling of the issue of climate change.

Trump poses big threat to emerging markets, U.S. fund manager says

NEW YORK, March 30 (Reuters) - A Donald Trump victory in the November U.S.

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