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China regulator orders green vehicle makers to inspect for design flaws

BEIJING, Aug 6 (Reuters) - China's industry regulator ordered car makers to investigate design flaws and hidden dangers in the every day use of "new energy" and energy-saving vehicles, citing incidents of wholly electric and hybrid buses catching fire.

PetroChina supplier Wison says found guilty of bribery in China

HONG KONG, Aug 6 (Reuters) - Wison Engineering Services Co Ltd, a supplier to PetroChina, said it has been found guilty of bribery after an investigation by the Chinese government and ordered to pay a fine of 30 million yuan ($4.83 million).

UPDATE 1-Brazil judge sentences OAS executives in Petrobras corruption case

SAO PAULO, Aug 5 (Reuters) - Federal Judge Sergio Moro handed out more prison sentences on Wednesday, this time to executives in Brazilian construction firm OAS, which was ensnared in the country's biggest corruption scandal in history centered around state-run oil company Petrobras.

Brazil judge sentences OAS executives in Petrobras corruption case

SAO PAULO, Aug 5 (Reuters) - Federal Judge Sergio Moro handed out more prison sentences on Wednesday, this time to executives in Brazilian construction firm OAS, which was ensnared in the country's biggest corruption scandal in history centered around state-run oil company Petrobras.

Eletrobras to pay Petrobras in debt settlement, government says

BRASILIA/SAO PAULO, Aug 5 (Reuters) - Brazil's two largest energy companies, Eletrobras and Petrobras , settled a quarrel on Wednesday worth billions of dollars in late payments for fuel supplies, the government said.

Bank ends adviser role in blow for Adani's Australian coal mine

SYDNEY, Aug 6 (Reuters) - Commonwealth Bank of Australia , the country's largest lender, has ended its role as financial adviser to Indian conglomerate Adani Mining's multibillion dollar Carmichael Mine, a further blow to the controversial project.

Brazil's top prosecutor backed for new term midst Petrobras probe

BRASILIA, Aug 5 (Reuters) - Brazil's top prosecutor, who has put dozens of politicians under investigation for allegedly taking bribes in the Petrobras corruption scandal, has won the backing of his peers to stay on the job for two more years.

UPDATE 4-Obama defends Iran nuclear deal as U.S. diplomacy over war

WASHINGTON, Aug 5 (Reuters) - President Barack Obama defended the U.S.-led international nuclear deal with Iran on Wednesday against a furious lobbying effort by political opponents and Israel and said abandoning the agreement would open up the prospect of war.

UPDATE 2-Continental Resources profit beats as cost cuts offset cheap oil

Aug 5 (Reuters) - Continental Resources Inc, the second-largest oil producer in North Dakota's Bakken shale formation, posted a better-than-expected quarterly profit on Wednesday as the company slashed costs to offset plunging crude prices.

UPDATE 4-IS Egypt affiliate threatens to kill Croatian hostage in 48 hours

CAIRO, Aug 5 (Reuters) - An online video purportedly from Islamic State's Egypt affiliate showed a Croatian hostage working for a French company who said the group would kill him in 48 hours if Muslim women in Egyptian jails were not freed.

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