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Short-sellers descend on Singapore stock market

By Rujun Shen SINGAPORE, June 19 (Reuters) - The Singapore stock market has unexpectedly turned into a playground for short-sellers looking to profit from weakness in shares of companies with heavy exposure to a slowing Chinese economy or the energy sector.

PBF Energy to acquire Chalmette Refinery and related assets for $322m

PBF Energy has signed an agreement with Petróleos de Venezuela (PDVSA) and ExxonMobil to acquire 100% stake in their joint venture company, Chalmette Refining, for $322m.

Pacific Ethanol completely acquires PE Op

Pacific Ethanol (PEIX), the producer and marketer of low-carbon renewable fuels, has acquired the final 4% stake in PE Op, the sole owner of the Pacific Ethanol plants, bringing the company's total interest in PE Op Co to 100%.

Chinese govt deals help nurse Alibaba's bottom dog cloud business

SHANGHAI/BEIJING, June 19 (Reuters) - E-commerce giant Alibaba Group Holding Ltd is an underdog in the global cloud computing industry, but it has one thing going for it: it's Chinese.

Obama praises Pope Francis for making case on climate change

WASHINGTON, June 18 (Reuters) - President Barack Obama praised Pope Francis for issuing a papal document on Thursday calling for action on climate change and said he looked forward to discussing the issue when the two meet at the White House in September.

UPDATE 3-PBF Energy to buy Chalmette refinery from Exxon, PDVSA

June 18 (Reuters) - PBF Energy Inc agreed to buy the 189,000 barrel-a-day Chalmette, Louisiana, refinery for $322 million from Exxon Mobil Corp and Petroleos de Venezuela SA, marking the New Jersey-based company's Gulf Coast debut.

Pacific Rubiales shareholders launch proxy fight to stop Alfa deal

VANCOUVER, June 18 (Reuters) - Pacific Rubiales Energy's largest group of shareholders has begun a proxy fight to block the roughly C$2 billion ($1.6 billion) takeover of the Canadian oil producer by Alfa SAB de CV and Harbour Energy Ltd.

Nigeria's 72-year-old President Buhari improving with age - spokesman

LAGOS, June 18 (Reuters) - Nigeria's new 72-year-old president is improving with age, his spokesman said on Thursday, in response to reports that the leader had suggested it would limit what he could achieve during his tenure.

UPDATE 2-Russia examines Brussels' legal move to seize state assets

* Russian officials oppose any moves on state assets (Adds Siluanov, new Osborne quote)

UPDATE 2-Russia's Gazprom to expand Nord Stream gas pipeline with E.ON, Shell, OMV

ST PETERSBURG, Russia, June 18 (Reuters) - Russian gas giant Gazprom has agreed to build a new pipeline to Germany under the Baltic Sea with a trio of Western energy companies, bringing Europe closer into Moscow's energy orbit.

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