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Swiss fear losing economic edge after months of "frankenshock"

ZURICH, Dec 3 (Reuters) - Swiss alpine gear maker Mammut has made rope for mountain climbers in the land of the Matterhorn for 153 years, but after this year's surge in the franc currency it is moving production to the low-cost lowlands of the Czech Republic.

Congo mine tests Glencore's efforts to weather copper slump

KOLWEZI, Democratic Republic of Congo, Dec 3 (Reuters) - The beer flowed at a dimly-lit bar in the Congo copper mining town of Kolwezi, but it did little to lighten the mood.

UPDATE 4-Crude rises on report saying Saudi may call for output cut

* Saudi Arabia to propose OPEC cuts output by 1 mln bpd- report

UPDATE 1-Shell wins final Australian nod for $70 bln takeover of BG Group

* Australia imposes condition to prevent tax disputes (Adds government, Shell, BG comments)

RPT-Desperately seeking strategy, utilities lost in low-carbon world

PARIS, Dec 2 (Reuters) - European utilities executives meeting at the Paris Climate Conference know they are part of the problem. What they have not yet figured out is how to make money by being part of the solution to climate change.

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.

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.

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.

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

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