LONDON, June 30 (Reuters) - X2 Resources, the private equity fund set up by former Xstrata boss Mick Davis, is now in initial bi-lateral talks to buy some of Rio Tinto's Australian coal assets, a source close to the situation said on Tuesday.
NEW DELHI, June 30 (Reuters) - India on Tuesday banned trade with Islamic State-linked entities in oil and other products, complying with a U.N. resolution to act against militants active in oil-rich countries such as Iraq, Syria and Libya.
FRANKFURT, June 30 (Reuters) - German utilities hope the government will drop a plan to slap carbon levies on coal-fired power plants on Wednesday, but compensating the companies to move aging capacity to a reserve scheme instead would create new problems.
BERLIN, June 30 (Reuters) - Germany has delayed a parliamentary vote on new rules for the disputed technique of fracking for shale gas after parties in Chancellor Angela Merkel's coalition failed to agree on final details, lawmakers said on Tuesday.
DUBAI, June 30 (Reuters) - A man in the United Arab Emirates was sentenced to three years in jail on Monday for Twitter posts allegedly insulting the Gulf country's Supreme Court, a local newspaper reported.
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