The Reserve Bank of India (RBI) has agreed to earmark some dollar funds from foreign exchange reserves, reversing its earlier stance, to partly fund the government's strategic wealth fund that will buy energy assets overseas, two sources with direct knowledge of the matter said on Friday.

• August 27, 2011

Belarus potash miner Belaruskali will not take out a $2 billion loan from German lender Deutsche Bank (DBKGn.DE: Quote) and Russia's Sberbank , Russian and Belarus news agencies cited its general director as saying.

• August 20, 2011

Political director of Lithuanian Ministry of Foreign Affairs Eitvydas Bajarunas met with Climate and Energy Security Envoy of the Government of the United Kingdom, Rear Admiral Neil Morisetti.

• August 18, 2011

Billionaire Mukesh Ambani's Reliance Industries Ltd. was toppled as India's most valuable company for the first time in four years by Coal India Ltd. as demand for the fuel attracted investors. Coal India, the world's biggest producer.

• August 18, 2011

Hong Kong shares climbed early Wednesday as heavyweights HSBC Holdings PLC and Chinese lenders advanced despite weak overseas cues on more bargain-buying and as China Coal Energy Co. jumped after better-than-expected results.

• August 17, 2011

Mining heavyweight Coal India overtook energy giant Reliance Industries on Wednesday to become India's biggest firm by market value, reflecting strong coal demand to power an expanding economy.

• August 17, 2011

Russia and Iran on Wednesday said a new Russian plan had a real chance of solving the standoff over the Iranian nuclear drive, despite the failure of past initiatives to end a decade of deadlock.

• August 17, 2011

The Ethiopian Petroleum Enterprise (EPE) is to import coal from South Africa with the aim of securing a sustainable supply of coal as an alternative source of energy for cement factories in Ethiopia, Fortune has learnt.

• August 16, 2011