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GLOBAL MARKETS-Oil plunges to 7-year low, Wall St down

NEW YORK, Dec 7 (Reuters) - Oil prices skidded to their lowest level in nearly seven years on Monday, knocking down shares of major oil companies on Wall Street as a global glut showed no signs of abating.

Six more bodies found after Azeri oil platform fire

BAKU, Dec 7 (Reuters) - The bodies of six oil workers missing from an Azeri oil platform in the Caspian Sea that caught fire on Friday have been found, the state energy company SOCAR said on Monday.

Iran tested missile, breaching U.N. Security Council resolutions -Fox News

WASHINGTON, Dec 7 (Reuters) - Iran tested a new medium-range ballistic missile last month in a breach of two U.N. Security Council resolutions, Fox News reported on Monday, citing a senior U.S. official.

UPDATE 1-Institutional investors can be game changers on climate - Swedish fund

PARIS, Dec 7 (Reuters) - Momentum among institutional investors to divest from carbon-intensive companies is picking up, making them potential game changers in curbing emissions, the head of a Swedish state pension fund said on Monday.

UPDATE 1-Icahn trumps Bridgestone with $837 mln offer for Pep Boys

Dec 7 (Reuters) - Carl Icahn offered to buy Pep Boys-Manny, Moe & Jack in a deal valuing the U.S.

UPDATE 3-Venezuelan dollar bonds rise after opposition beats Socialists

LONDON, Dec 7 (Reuters) - Venezuelan dollar bonds rose strongly on Monday after the opposition beat the ruling Socialists in a parliamentary election at the weekend, raising hope of at least some economic reform in the crisis-ridden country.

CORRECTED-Icahn Enterprises offers to buy Pep Boys in $837 mln deal

Dec 7 (Reuters) - Carl Icahn's Icahn Enterprises LP offered to buy auto parts company Pep Boys - Manny, Moe & Jack in a deal valued at about $837 million.

Icahn Enterprises offers to buy Pep Boys in $834 mln deal

Dec 7 (Reuters) - Carl Icahn's Icahn Enterprises LP offered to buy auto parts company Pep Boys - Manny, Moe & Jack in a deal valued at about $834 million.

Nigerian cocoa grinders say face fight for survival

LAGOS, Dec 7 (Reuters) - Nigeria, already hit by low oil prices, faces a threat to its cocoa sector with industry officials saying its few remaining grinders could close.

UPDATE 1-British PM welcomes Tusk letter, still seeking 4-yr curb on migrant benefits

LONDON, Dec 7 (Reuters) - Prime Minister David Cameron welcomed a signal on Monday that a strong will exists in the European Union to reach a deal with Britain but will still push for a four-year curb on welfare payments for EU migrants, his spokeswoman said.

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