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Norway's $900 bln sovereign fund told to reduce coal assets

OSLO, May 27 - Norway's $900 billion sovereign wealth fund, the world's largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday.

8:47pm BST

UPDATE 3-U.S. forecaster predicts below-average 2015 Atlantic hurricane season

(Adds quote from forecaster Gerry Bell, details on last major hurricane and Superstorm Sandy) By David Adams May 27 - The Atlantic hurricane season will be less active than usual this year due to cooler seas and a strong El Niño effect, the U.S. government weather forecaster said on Wednesday. The official "below-normal" forecast calls for six to 11 tropical storms this year, with three to six reaching hurricane status of 74-mile-per-hour (120 kph) winds, the National Oc

7:34pm BST

UPDATE 6-Heavy rains hit Texas as death toll rises to 13 from storms

AUSTIN, Texas, May 27 - Storms dumped rain on parts of Texas on Wednesday, bringing more runoff to swollen waterways that spilled their banks this week in places such as Houston, where floods have killed six people and caused chaos in the fourth most-populous U.S. city.

6:39pm BST

Alberta wildfires rage on, intensify near oil sands sites

CALGARY, Alberta, May 27 - A wildfire raging in northeastern Alberta near two major oil sands projects nearly doubled in size to 17,000 hectares on Wednesday, although firefighters made some progress tackling blazes elsewhere in the oil-rich Western Canadian province.

6:03pm BST

U.S. forecaster predicts below-average 2015 Atlantic hurricane season

MIAMI, May 27 - The Atlantic Ocean will see a below-average number of hurricanes this season due to cooler seas and a strong El Niño effect, the U.S. government weather forecaster announced on Wednesday.

5:04pm BST
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