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Indian army battles deadly flooding to rescue survivors

CHENNAI, India, Dec 3 (Reuters) - Floods that have killed 210 people in southern India began to recede on Thursday, giving rescue teams a chance to evacuate thousands of residents stranded by the heaviest cloudburst in the city of Chennai in over a century.

Russia-Turkey wheat trade up in the air as war of words continues

Diplomatic fallout between Moscow and Ankara has seen trade between the two countries temporarily put on hold.

Capex cuts: the road to rebalance or rebound?

Robert Perkins on how the supply response of US shale output to lower oil prices has garnered more than its fair share of news headlines over the last year.

Crude oil storage and capacity have increased in Cushing, Oklahoma and U.S. Gulf Coast

(Thu, 03 Dec 2015) Commercial crude oil inventories in Cushing, Oklahoma (located in PADD 2) and the U.S. Gulf Coast (PADD 3) totaled a record-high 309.4 million barrels as of the week ending November 27.

UPDATE 3-China says to cut power sector emissions by 60 pct by 2020

* China already expected to limit coal use, address air quality

Australia, NZ shares fall on Fed, weak commodities

SYDNEY/WELLINGTON, Dec 3 (Reuters) - Australian shares dropped 0.6 percent on Thursday with losses spread across the board, although energy stocks were hit hardest by another slide in oil prices.

Shell says wins final Australian nod for BG takeover

MELBOURNE, Dec 3 (Reuters) - Royal Dutch Shell said on Thursday it had won approval from Australia's Foreign Investment Review Board for the company's proposed $70 billion takeover of BG Group Plc.

RPT-U.S. crude oil prices hover just above $40 on stockpile rise

Dec 3 (Reuters) - U.S. crude prices were hovering just above $40 in early Asian trading on Thursday, after dropping more than 4 percent a day earlier, on an unexpected rise in U.S. stockpiles that is compounding a global supply glut.

UPDATE 3-Brazil's Congress opens impeachment proceedings against president

BRASILIA, Dec 2 (Reuters) - The speaker of Brazil's lower house of Congress opened impeachment proceedings against President Dilma Rousseff on Wednesday, deepening a political crisis as the economy nosedives.

RPT-COLUMN-Nickel's caught in a vicious circle but who's to blame? Andy Home

LONDON, Dec 2 (Reuters) - Even within the bombed-out landscape that is the industrial metals sector right now nickel is something of a stand-out.

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