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Pipe dreams: Gazprom courts southern Europe to exclude Ukraine

MILAN, March 6 (Reuters) - Russia's Gazprom is counting on its deep natural gas ties with Italy to revive plans aimed at bypassing Ukraine as a transit state for politically sensitive gas shipments to Europe.

EDF CFO resigns over Hinkley Point project - source

PARIS, March 6 (Reuters) - French utility EDF's Finance Director Thomas Piquemal has resigned over the company's plan to build two nuclear reactors in Hinkley Point, Britain, a source familiar with the situation said on Sunday.

UPDATE 2-Renzi says won't send troops to Libya for now; freed Italian hostages fly home

* Renzi denies suggestions Rome could deploy up to 5,000 troops

UPDATE 2-RWE's npower plans to cut about 2,500 jobs -source

LONDON, March 6 (Reuters) - RWE's British business npower plans to cut about 2,500 jobs as it seeks to improve its financial performance, a source close to the matter said on Sunday.

RWE's npower plans to cut around 2,500 jobs - Sky News

LONDON, March 6 (Reuters) - RWE's British unit npower plans to cut around 2,500 jobs as it seeks to improve its financial performance, Sky News reported on Sunday, citing unidentified sources.

UPDATE 1-Iran says court sentences billionaire to death in graft case

DUBAI, March 6 (Reuters) - A court in Iran has sentenced to death Iranian businessman Babak Zanjani and two accomplices for embezzlement, the judiciary said on Sunday, in a case widely watched due to the billionaire's prominent role in helping the government evade oil sanctions.

Iran says court sentences billionaire to death in graft case

DUBAI, March 6 (Reuters) - A court in Iran sentenced to death Iranian businessman Babak Zanjani and two accomplices for embezzlement, the judiciary said on Sunday, in a case widely watched due to Zanjani's prominent role in helping the government evade oil sanctions.

Freed Italian hostages flown home from Libya

ROME, March 6 (Reuters) - Two Italian hostages freed in Libya after two fellow captives were allegedly killed by Islamic State militants were flown back to Italy on Sunday, officials said.

China's failing state firms need to reform themselves - governor

BEIJING, March 6 (Reuters) - Struggling state-owned firms need to force through urgent reforms before things get worse, with revenues at local governments no longer sufficient to bail them out, the governor of the Chinese rustbelt province of Heilongjiang said on Sunday.

WRAPUP 1-China's economy will "absolutely not" experience hard landing - state planner

* China not dragging on global economy - state planner chairman Xu

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