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BUZZ-Glencore: shares off record lows as co digs into debt pile

** Glencore up 3 pct but well off day's highs after mining and commodities trading firm sets out aggressive plan to slash debt

Croatia retries former PM Sanader in corruption cases

ZAGREB, Sept 7 (Reuters) - Croatia began a retrial on Monday of former prime minister Ivo Sanader on corruption charges, including a case of a bribe allegedly taken from Hungarian oil firm MOL to allow it acquire a dominant stake in Croatia's biggest utility.

Toshiba decides no need for Westinghouse writedown

Sept 7 (Reuters) - Japan's Toshiba Corp said on Monday it had decided there was no need for a writedown on its Westinghouse operations after an accounting scandal raised concerns it was overestimating the value of its U.S.

Glencore to suspend dividend, raise equity to cut debt

JOHANNESBURG, Sept 7 (Reuters) - Mining and commodities trading firm Glencore on Monday said it will suspend dividends, sell assets and raise $2.5 billion in a new share issue as it aims cut it net debt to $20 billion by the end of next year.

No clear winner projected in Trinidad election

PORT OF SPAIN, Sept 7 (Reuters) - Voters go to the polls in general elections in Trinidad and Tobago on Monday as the ruling party and the opposition face a too-close-to-call race for control of the Caribbean country's 41-seat parliament.

UPDATE 1-China's economy showing signs of stabilising - state planner

SHANGHAI/BEIJING, Sept 7 (Reuters) - China's power usage, rail freight and property market have all shown improvement since August, indicating that the economy is stabilising, the country's top economic planning agency said on Monday.

China Aug power consumption up 2.5 pct on yr - state planner

BEIJING, Sept 7 (Reuters) - China's total power consumption in August rose 2.47 percent on a year earlier to 508.3 billion kilowatt hours (kWh), the country's state planning agency said on Monday, citing data from the State Grid.

RPT-Reliance's Singapore office gets new head, new business development role-sources

SINGAPORE, Sept 4 (Reuters) - Reliance Global Energy Services, a Singapore-based unit of Reliance Industries , has appointed a new chief executive and created a business development role to expand its trading activities, industry sources said on Friday.

China's economy showing signs of stabilising - state planner

SHANGHAI, Sept 7 (Reuters) - China's top state planner said on Monday that the country's power usage, train freight and property market have all shown improvement since August, indicating that the economy is stabilizing.

RPT-India to tax collectors: give foreign companies a break

* Indian government under pressure to increase tax collection

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