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Brazil justice minister to resign - presidency source

BRASILIA, Feb 29 (Reuters) - Brazil's Justice Minister Jose Eduardo Cardoso plans to resign by Tuesday, a presidency source told Reuters on Monday.

Brazil State Shelves Auction for 200 MW of Solar Power

The Brazilian state of Minas Gerais has put a planned auction for solar power on hold indefinitely because the region lacks enough transmission lines.

UPDATE 1-Standard & Poor's affirms BHP Billiton's credit rating

Feb 29 (Reuters) - Standard & Poor's affirmed its "A" rating on global miner BHP Billiton's debt, citing a change in the company's dividend policy.

Low Heating Oil Prices Depress Domestic Wood Pellet Market

Plunging crude oil prices continue to depress the domestic wood pellet market, with residential consumers both in the U.S. and Canada finding themselves opting for conventional heating oil rather than their pellet stoves, say industry experts.

Bolivian president's woes deepen as ex-girlfriend is held

LA PAZ, Feb 29 (Reuters) - Bolivian President Evo Morales, fresh from his first major electoral defeat in last week's referendum on extending his rule, is facing a deepening scandal over his ties to a woman who was held by police over the weekend.

EU not seen increasing emissions targets despite Paris deal -draft

BRUSSELS, Feb 29 (Reuters) - EU regulators will say this week the European Union does not need a more ambitious greenhouse gas target until the next decade, a text seen by Reuters shows, even though the Paris climate deal stipulates goals should be reviewed in 2018.

Pay for Berkshire's Abel jumped 48 pct to $40.77 mln in 2015

Feb 29 (Reuters) - The energy unit of Warren Buffett's Berkshire Hathaway Inc on Monday said Gregory Abel, its chairman and chief executive, saw his compensation jump 48 percent last year to $40.77 million, reflecting a large incentive award.

Standard & Poor's affirms BHP Billiton's credit rating

Feb 29 (Reuters) - Standard & Poor's affirmed its "A" rating on global miner BHP Billiton's debt, citing a change in the company's dividend policy.

COLUMN-Hedge funds turn bullish on Brent but not WTI: Kemp

LONDON, Feb 29 (Reuters) - Hedge funds are turning more positive about the outlook for crude oil prices, according to the latest positioning data from regulators and exchanges.

UPDATE 1-Iran reformists cheer election gains, conservatives play down shift

* Iran's economic indicators http://reut.rs/1P8jWNx (Adds Khatami, final results, turnout, quotes, interior minister, pvs DUBAI)

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