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UPDATE 2-Mexico's Pena Nieto axes Pemex CEO, orders cost-cuts amid oil slump

MEXICO CITY, Feb 8 (Reuters) - Mexican President Enrique Pena Nieto on Monday removed Emilio Lozoya, the head of ailing state-oil firm Pemex, replacing him with the country's social security chief whom he tasked with cutting costs amid a global oil rout.<

CANADA STOCKS-TSX falls, pressured by financial and energy stocks

TORONTO, Feb 8 (Reuters) - Canada's main stock index fell on Monday as banking, energy and consumer stocks lost ground, offsetting gains among gold miners as global growth concerns mounted.

UPDATE 3-Chesapeake moves to quash bankruptcy fears as shares plunge

Feb 8 (Reuters) - Chesapeake Energy, the No. 2 U.S.

Colombia says rebels must free hostages before any peace talks

BOGOTA, Feb 8 (Reuters) - The National Liberation Army, Colombia's second-largest leftist rebel group, must release a civilian and a soldier held hostage before the government will agree to begin a peace process, President Juan Manuel Santos said on Monday.

Diamond Offshore-GE service tie-up may prompt other such deals

Feb 8 (Reuters) - Diamond Offshore Drilling Inc's service agreement with General Electric Co, which is expected to help lower idle time for rigs on hire, could prompt more such deals in an industry battered by sliding oil prices.

Work on 12-MW Tokwe-Mukosi hydroelectric facility to resume in March

In March, work is expected to resume on the unfinished US$255 million 12-MW Tokwe-Mukosi hydroelectric facility, located in Masvingo, Zimbabwe, if the Zimbabwean government can raise $60 million needed to complete the facility’s dam and pay contractors. 

UPDATE 1-Noranda Aluminum hit by commodity crash, seeks bankruptcy

Feb 8 (Reuters) - Noranda Aluminum Holding Corp, which smelts and refines aluminum and mines bauxite, filed for bankruptcy on Monday and joined a growing list of commodity-related businesses in Chapter 11.

Obama, Italy's Mattarella discuss fight against Islamic State in Libya

WASHINGTON, Feb 8 (Reuters) - U.S. President Barack Obama and Italian President Sergio Mattarella met on Monday in the White House and discussed efforts to work together to combat the Islamic State in Libya.

CORRECTED-UPDATE 1-Chesapeake Energy taps restructuring lawyers - sources

Feb 8 (Reuters) - Natural gas producer Chesapeake Energy has tapped existing adviser Kirkland & Ellis to explore restructuring options, people familiar with the matter told Reuters.

CORRECTED-Chesapeake Energy taps restructuring lawyers - sources

Feb 8 (Reuters) - Natural gas producer Chesapeake Energy has tapped existing adviser Kirkland & Ellis to explore restructuring options, people familiar with the matter told Reuters.

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