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South Africa's state giants hobble economy

JOHANNESBURG, Aug 24 (Reuters) - The state-run corporations that have shaped South Africa's economy and been part of its every day life for nearly a century are mostly in a state of collapse, threatening to crush already weak growth.

Controversial China rig completes drilling well near Vietnam coast

BEIJING, Aug 24 (Reuters) - The Chinese oil rig at the centre of last year's standoff between China and Vietnam over oil exploration in the South China Sea has completed drilling of a well not far from Vietnam's coast, the official Xinhua News Agency said on Monday.

CORRECTED-Anglo American sells two Chilean mines to Audley for $300 million

LONDON, Aug 24 (Reuters) - Anglo American is to sell two Chilean copper mines to investment firm Audley Capital for $300 million, the company said on Monday, as it delevers its balance sheet to help combat a global slump in commodity prices.

UPDATE 1-Britain says Iran sanctions could be lifted next spring

TEHRAN, Aug 24 (Reuters) - British Foreign Secretary Philip Hammond said on Monday he expected sanctions on Iran could start to be lifted as early as Spring next year.

Britain says Iran sanctions could be lifted next spring

TEHRAN, Aug 24 (Reuters) - British Foreign Secretary Philip Hammond said on Monday he expected sanctions on Iran could start to be lifted as early as Spring next year.

Low-energy, healthy homes: Europe's answer to shale gas?

BRUSSELS, Aug 24 (Reuters) - With street names such as Temperance and Hygiene and plenty of green open spaces, the 1920s Bon Air (Good Air) housing estate in a working-class district of Brussels was meant to provide a healthy "garden city" way of life.

Britain's FTSE falls sharply as China worries rock global equities

LONDON, Aug 24 (Reuters) - Britain's top share index fell sharply on Monday, with all individual stocks in the red and miners leading the slide as widespread fears of a China-led global economic slowdown continued to roil equities.

Water management key to achieving sustainable development goals - World Bank

STOCKHOLM, Aug 24 (Thomson Reuters Foundation) - As demand for water grows, the world must focus on how the precious resource will be shared among farmers, the energy sector and cities if it is to achieve the United Nations' new development agenda, a World Bank expert said.

Israeli biogas digesters energise isolated Palestinian village

BEIT YANAI, Israel, Aug 24 (Thomson Reuters Foundation) - P alestinian villagers living in desolate, off-grid areas in the West Bank have begun using Israeli-made biogas generators that supply free, clean energy by gobbling up organic waste.

INTERVIEW-Shell eyes Iran, to pay debt when sanctions end

TEHRAN, Aug 24 (Reuters) - Royal Dutch Shell will repay a $2 billion debt to the National Iranian Oil Company (NIOC) when sanctions on Iran are lifted and will consider investing in the country's vast energy sector, Shell's boss for new business said.

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