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VALE SHARES EXTEND GAIN TO 10 PCT ON DETAILS OF SAMARCO SETTLEMENT WITH BRAZIL AUTHORITIES

RIO DE JANEIRO, March 2 (Reuters) - Brazil's Vale SA said on Wednesday its joint venture with BHP Billiton , Samarco, had agreed to settle a civil suit with the Brazilian government for damages caused by a deadly dam spill in November.

BRASILIA, March 2 (Reuters) - Mining company Samarco agreed with the Brazilian government to pay over 24 billion reais ($6.2 billion) in damages for a deadly dam spill in November, an environment ministry memo seen by Reuters on Wednesday said.

BEIRUT, March 2 (Reuters) - Eighteen fighters were killed in a car bomb blast that hit a Syrian insurgent group in the southern province of Quneitra on Wednesday, monitors reported, and a rebel source said the attack was likely carried out by hardline Islamists.

LONDON, March 2 (Reuters) - U.S. chemicals group Reichhold has emerged as the frontrunner to buy Italian polymers maker Polynt in a deal that could net about 700 million euros ($759 million) for Polynt's private equity owner Investindustrial, two sources familiar with the matter said.

CARACAS, March 2 (Reuters) - Venezuela's Oil Minister Eulogio Del Pino said more than 15 countries will attend an upcoming oil meeting to discuss an output freeze plan and possible further actions, state oil company PDVSA said in a statement on Wednesday.

TORONTO, March 2 (Reuters) - Canada's main stock index fell on Wednesday as losses for financial and consumer staple stocks offset gains for materials, energy and healthcare stocks.

After years of false starts, U.S. offshore wind has attracted some marquee names with deep pockets, creating a sense of optimism for the emerging industry.

* Four nations agreed to freeze oil output at Jan levels in Doha

EU governments spend billions on aid to their power sectors, but how long will it last and can a new EU market design cut the cost?

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