Utilities

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BG Group considers $1.7 bln North Sea operations sale -The Times

July 24 - Britain's BG Group is considering selling its largest operations in the North Sea for about 1 billion pounds ($1.70 billion), The Times reported on Thursday.

UPDATE 3-Talisman Energy says approached by Spain's Repsol about deal

(Adds details on assets and closing share price, paragraphs 7-10)

Energy, 6:00pm EDT

India bids to reassert influence in Nepal with power pact

NEW DELHI/KATHMANDU, July 24 - India is set to offer Nepal a landmark pact to help develop its huge hydro-electric power potential as the South Asian giant takes another step to re-assert influence among smaller neighbours where China has been forging closer ties.

5:00pm EDT

UPDATE 1-Hedge fund joins legal fray over Puerto Rico restructuring law

NEW YORK, July 23 - A hedge fund with over $400 million in Puerto Rico bonds has joined a legal challenge against a law that allows the U.S. Commonwealth to restructure some of its debt, hiring one of the most prominent lawyers in the United States to argue its case.

CORRECTED-Hedge fund joins legal fray over Puerto Rico restructuring law

(Corrects date of Franklin Templeton and OppenheimerFunds lawsuit to June 29 from June 20 in final paragraph)

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