Energy Update

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Tuesday was a good day for solar. U.S. congressional leaders reached a deal that would extend tax credits for renewable energy.

LONDON, Dec 16 (Reuters) - Rolls-Royce, the British engineering company which has issued four profit warnings in little over a year, is scrapping a layer of senior management in the first major move by new boss Warren East to try to turn the business around.<

LONDON, Dec 16 (Reuters) - Britain's decision to throw out a bid by Donald Trump to stop wind farms being built near his Scottish golf resort reflects the Scottish government's "foolish, small minded and parochial mentality", the U.S. Republican presidential front runner said.

LONDON, Dec 16 (Reuters) - Britain's Supreme Court on Wednesday threw out U.S.

** Rolls Royce up 2.5 pct & 3rd-top FTSE 100 bluechip gainer after the British engineering co says it is scrapping a layer of senior management

SYDNEY, Dec 16 (Reuters) - Tumbling iron ore prices have already forced smaller miners to close, but forecasts of further deterioration could test the staying power of even the lowest-cost, mega-miners still turning a profit.

LONDON, Dec 16 (Reuters) - Rolls-Royce, the British engineering company which has issued four profit warnings in just over a year, said it was scrapping a layer of senior management in the first move by new boss Warren East to turn the business around.

SYDNEY, Dec 16 (Reuters) - China's State Power Investment Corp will buy several wind farms from Australia's largest pension fund investor, IFM Investors, a source told Reuters on Wednesday, in a sale that media had said would raise about A$1.5 billion ($1 billion).

SYDNEY, Dec 16 (Reuters) - China's State Power Investment Corp will buy several wind farms from Australia's largest pension fund investor, IFM Investors, a source told Reuters on Wednesday, in a sale that local had said would raise about A$1.5 billion ($1 billion).

BRUSSELS/MILAN, Dec 15 (Reuters) - Russia's divide-and-rule strategy threatens to sour summit talks in Brussels this week after Italy linked the extension of sanctions on Moscow to a debate of a Gazprom gas pipeline project, diplomats said.

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