Thursday, December 1, 2016

UPDATE 1-Australia's New South Wales begins sale of third power grid

SYDNEY, Dec 2 (Reuters) - Australia's New South Wales state

will begin the sale process for a majority stake in electricity

network Endeavour Energy on Friday, its treasurer said, a

transaction expected to be worth about A$4 billion ($2.96

billion).

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SCENARIOS -Beyond banks, investors seek other Italian referendum plays

MILAN, Dec 1 (Reuters) - With only three days to go before

Italians vote in a referendum that could tip their country into

political chaos, investors are trying to work out how to play

the ballot on the stock market.

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Australia's New South Wales begins sale of third power grid

SYDNEY, Dec 2 (Reuters) - Australia's New South Wales state

will begin the sale process for a majority stake in eletricity

network Endeavour Energy on Friday, the New South Wales

treasurer said, a transaction expected to be worth around A$4

billion ($2.96 billion).

Read more

French power cuts more likely after UK link outage - RTE

PARIS, Dec 1 (Reuters) - Power cuts in France are more

likely this winter because of problems with electricity cables

linking the country to the United Kingdom and prolonged outages

at nuclear reactors, French power grid operator RTE said on

Thursday.

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France's Fillon favourable to privatisation selloffs, cites Renault

CHANTENAY-VILLEDIEU, France, Dec 1 (Reuters) - France's

conservative presidential candidate Francois Fillon on Thursday

said he was favourable towards privatisations of state

shareholdings in order to raise cash for investments in major

infrastructure projects.

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BHP Australia copper mine hit by another power outage

SYDNEY, Dec 1 (Reuters) - BHP Billiton

said on Thursday that its Olympic Dam copper mine was without

power for four hours due to a blackout in the state of South

Australia.

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Lanka IOC raises premium product retail prices after diesel tax increase

COLOMBO, Dec 1 (Reuters) - Sri Lankan fuel retailer Lanka

IOC put up prices for its premium brands on Thursday, three

months after the government increased the duty on oil products,

and said it will have to raise other petrol prices if the

government fails to hike official prices.

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