Energy Update
LONDON, Dec 15 (Reuters) - Britain's Aveva, a maker of programs to design oil rigs, ships and nuclear power stations, and Schneider Electric have scrapped a tie-up, saying combining the software businesses would be too risky and costly.
SHANGHAI, Dec 15 (Reuters) - Smog in Chinese metropolis Shanghai hit its highest level since January on Tuesday, prompting schools to ban outdoor activities and authorities to limit work at construction sites and factories as polluted air spreads around the country.
ALGIERS/TRIPOLI, Dec 14 (Reuters) - Fresh from a Rome summit on Libya's crisis, American, European and U.N. officials are confidently backing a proposed peace deal between the country's warring factions to end chaos that has allowed Islamic State to flourish.
LAUNCESTON, Australia, Dec 15 (Reuters) - - One of the largely unseen side-effects of the massive increase in iron ore supply and the subsequent collapse in prices is that the industry is now one of the most concentrated in the resources sector.
Rolling semi-finished steels into bars used for construction is the healthiest steelmaking option available right now, looking at margins.
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