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* Corn, soybeans hit highest levels since late July * Stressful weather seen in parts of U.S. and Europe * USDA expected to trim U.S.

MEXICO CITY, Aug 10 (Reuters) - A new partnership between U.S.-based power company AES Corp and Mexico's Grupo Bal launched on Monday will invest up to $2.5 billion over the next five years mostly in Mexico's newly opened power sector, a top AES executive said in an interview.

OTTAWA, Aug 10 (Reuters) - Environmentalists are urging Canada's Conservative government not to loosen rules involving a substance used for treating oil spills in water, citing research questioning its ecological impact.

TORONTO, Aug 10 (Reuters) - Freeport-McMoRan Inc may issue up to $1 billion in common shares, the diversified miner said on Monday in a regulatory filing, a decision that highlights how sliding commodity prices are deepening woes of mining and energy companies.

* Shares close 0.3 pct higher, underperforming market (Recasts, adds fresh CEO comment, analyst, shares)

WASHINGTON, Aug 9 (Reuters) - In her 2008 bid for the White House, Hillary Clinton cast herself as a blue-collar Democrat who was unabashedly pro-coal, a stance that helped her beat opponent Barack Obama easily in primaries in states that produced or were reliant on coal.

TBILISI, Aug 10 (Reuters) - Oil output from BP-led oilfields in Azerbaijan in the first half of 2015 was slightly down compared to a year earlier, BP-Azerbaijan said on Monday, driving a decline in the country's total oil production.

LONDON, Aug 10 (Reuters) - European stock markets climbed higher on Monday as a rise in some major financial shares offset the impact of weaker energy stocks that curbed the progress of the British market.

LONDON, Aug 10 (Reuters) - Standard Chartered will not advise or help finance the multi-billion dollar Carmichael coal mine in Australia, marking the second big bank to walk away from the project in a week.

KAMPALA, Aug 10 (Reuters) - Kenya and Uganda have reached a final decision on the route for a crude pipeline linking their newly found oilfields to the Kenyan coast, an important step for oil firms to make a final investment decision, the countries' presidents said on Monday.

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