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UPDATE 1-BTG Pactual scrambles to contain Esteves arrest fallout

SAO PAULO, Nov 25 (Reuters) - Brazil's Grupo BTG Pactual SA scrambled to contain fallout from the arrest of its billionaire boss on Wednesday, tapping cash reserves to cover client redemptions and announcing a stock buyback to prop up plunging shares.

BTG scrambles to contain Esteves arrest fallout

SAO PAULO, Nov 25 (Reuters) - Brazil's Grupo BTG Pactual SA scrambled to contain the fallout from the arrest of its billionaire boss on Wednesday, tapping cash reserves to cover client redemptions and announcing a stock buyback to prop up its plunging share price.

UPDATE 1-Hurricane Sandra strengthens off Mexico's Pacific coast

MEXICO CITY, Nov 25 (Reuters) - Hurricane Sandra on Wednesday strengthened to a Category 3 storm, becoming the strongest ever recorded in the eastern Pacific for this late in the year, as it heads toward the Mexican coast, the U.S.

Argentina president-elect names ex-Shell exec as energy minister

BUENOS AIRES, Nov 25 (Reuters) - Argentina's president-elect, Mauricio Macri, has named former Shell Argentina executive Juan Jose Aranguren to be the country's energy minister, a spokesman for the incoming government said at a news conference on Wednesday.

Canadian Oil Sands in early-stage talks with potential bidders

TORONTO, Nov 25 (Reuters) - Canadian Oil Sands, which is trying to attract a white knight after a hostile bid from Suncor Energy, needs more time to review its options as more than two dozen parties have expressed an interest in the company, according to a regulatory filing.

Bolivia's Morales, once leftist climate pact foe, turns pragmatic

* Bolivia says it will not block climate change accord in Paris

UPDATE 2-U.S. sanctions businessman helping Syrian gov't buy oil from Islamic State

WASHINGTON, Nov 25 (Reuters) - The United States sanctioned a Syrian businessman on Wednesday who it said was a middleman for oil sales between Islamic State and the Syrian government, the latest salvo in an effort to cut off the flow of funds to the militant group.

UPDATE 1-U.S. oil drillers cut rigs for 12th week in last 13 -Baker Hughes

Nov 25 (Reuters) - U.S. energy firms cut oil rigs for a 12th week in the last 13, data for the holiday-shortened week showed on Wednesday, a sign drillers were still waiting for higher prices before returning to the well pad.

U.S. oil drillers cut rigs for 12th week in the last 13 -Baker Hughes

Nov 25 (Reuters) - U.S.

UPDATE 3-Spain's Abengoa starts insolvency proceedings, shares dive

* Abengoa's bankruptcy would be Spain's largest on record (Adds Abengoa removed from Ibex, details on company)

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