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U.S., Mexico to open first new rail link in over a century

AUSTIN, Texas, Aug 25 (Reuters) - The United States and Mexico, which have nearly $600 billion in annual trade, will launch on Tuesday the first new rail link between the two countries in more than a century, in the Texas border city of Brownsville, officials said.

Africa's squandered commodity boom erodes U.S. trade promise

JOHANNESBURG/DAKAR, Aug 25 (Reuters) - A fresh U.S.

Europe blue-chip shares on the cheap? Think again

LONDON, Aug 25 (Reuters) - Stock markets are rebounding after a bruising 48-hour sell-off. But with China still battling to revive its slowing economy, Europe's "screaming buys" come with risks.

Major Renewable Energy Developer EDF Expands into Community Wind, Acquires OwnEnergy

Sunedison acquired First Wind in November 2014 and today EDF is announcing that it has snapped up OwnEnergy, a national developer of mid-sized wind projects. The transaction encompasses 100 percent of OwnEnergy’s assets, including its pipeline of future wind projects.

UPDATE 2-Bad oil-and-gas loans soar as BMO profit tops estimates

TORONTO, Aug 25 (Reuters) - Bank of Montreal on Tuesday reported that bad oil-and-gas loans increased sharply in the third quarter but profit topped market expectations on growth in its wealth management unit and personal and commercial banking.

BHP Billiton expects China's growth to "drift down" in coming years

LONDON, Aug 25 (Reuters) - China's economic growth will cool from the 7 percent forecast for 2015, curbing demand for some commodities as the country completes investments in major construction projects, BHP Billiton chief Andrew Mackenzie said on Tuesday.

Without Saudi support, talk of OPEC emergency meeting is just noise

DUBAI/LONDON, Aug 25 (Reuters) - Once upon a time, talk of an emergency OPEC meeting would have rippled through oil markets, likely triggering at least a brief rally in prices.

UPDATE 1-South Africa's mining industry to sign jobs pact - govt

* High unemployment a politically thorny issue in S.Africa (Adds unions, companies quotes, detail)

Agrivert Gets $150 Million to Finish U.K. Waste-to-Power Plants

Agrivert Ltd., a U.K.-based provider of waste-recycling facilities, secured 96 million pounds ($150 million) in refinancing to help complete two power plants that will turn waste into electricity.
 
 

UPDATE 3-BHP Billiton profit dives to 10-year low on commodities rout

* UK shares jump 6 pct, outperform rivals (Adds quotes from CEO)

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