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Reuters Business News Schedule at 0930 GMT/0430 AM ET

Editor: B S Unnikrishnan +91 80 6749 6414 Global Picture Desk: +65 6870 3775 Global Graphics Desk: +65 6870 3595 (All times GMT / ET) Receive this schedule by email: http://mediaexpress.reuters.com TOP STORIES Survival of fittest for commodities shipping firms in 2016 LONDON - Shipping companies that transport commodities such as coal, iron ore and grain face a painful year ahead, with only the strong

Survival of fittest for commodities shipping firms in 2016

* Graphic on dry bulk v tanker markets: http://tmsnrt.rs/1khncaQ

China angered as Filipino protesters visit South China Sea island

BEIJING, Dec 28 (Reuters) - China expressed anger on Monday after a group of Filipino protesters landed on a disputed Philippine-held island in the disputed South China Sea.

UPDATE 2-Brent crude oil claws back tiny premium over U.S. futures, but both fall

* Japan's oil product sales fall to 46-year lows (Re-leads with Brent going back into premium to WTI, updates prices)

Oil prices weaken post-Christmas, U.S. crude defends premium over Brent

SINGAPORE, Dec 28 (Reuters) - Oil prices fell on Monday after the long Christmas weekend, with U.S.

Galp workers union calls off Monday strike and goes to court

LISBON, Dec 27 (Reuters) - The union representing workers at Portugal's Galp Energia has called off a three-day strike at the company's two refineries scheduled to start at midnight (0000 GMT), union Fiequimetal said on Sunday.

UPDATE 3-Iraqi army declares first major victory over Islamic State in Ramadi

BAGHDAD, Dec 27 (Reuters) - Iraq's army declared victory over Islamic State fighters in a provincial capital west of Baghdad on Sunday, the first major triumph for the U.S.-trained force since it collapsed in the face of an assault by the militants 18 months ago.

Iraqi forces seize Islamic State stronghold in Ramadi -spokesman

BAGHDAD, Dec 27 (Reuters) - Iraqi forces on Sunday took control of the government complex in central Ramadi, the last Islamic State stronghold in the western city, a military spokesman said.

Spending to rise 12 pct in Dubai's 2016 budget

DUBAI, Dec 27 (Reuters) - Dubai plans to raise state spending by 12 percent in 2016 as it invests in infrastructure to sustain economic growth, but an equal rise in revenues will allow the emirate to balance its budget, the government said on Sunday.

Iraqi army prepares for final push to take Ramadi from Islamic State

BAGHDAD, Dec 27 (Reuters) - Iraqi troops were getting ready on Sunday for a final push to take the remaining district held by Islamic State in the city of Ramadi, army spokesmen said.

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