Oil Spills From Tanker After Grounding in Suez Canal (Update1) A tanker spilled crude oil after running aground in Egypt's Suez Canal, the world's busiest and longest waterway, according to Inchcape Shipping Services.

Commodity Shipping Rates May Fall on Declining Iron Ore Demand The cost of shipping commodities such as iron ore and coal, near a 15-month high, may fall as declining steel prices prompt steelmakers to curb raw material imports.

Canadian Gas Declines as Ample Supplies Ease Weather Concern Canadian natural-gas prices fell for the first session in three as above-normal stocks of the fuel in underground storage eased concern that cool weather might strain supplies.

Tropical Storm Gordon Forecast to Near Portugal, Spain Today Gordon, the seventh named weather system of the Atlantic season, weakened to a tropical storm after it swept through the Azores as a hurricane and headed toward the Iberian Peninsula, the U.S. National Hurricane Center said.

Mosenergo Upgraded to B Rating by S&P After Bond Sale (Update1) OAO Mosenergo, Moscow's main power utility, gained a B rating from Standard & Poor's, after selling 5 billion rubles ($187 million) worth of bonds to refinance short- term debt and improve its financial position.

Tropical Storm Gordon Forecast to Near Portugal, Spain Today Gordon, the seventh named weather system of the Atlantic season, weakened to a tropical storm after it swept through the Azores as a hurricane and headed toward the Iberian Peninsula, the U.S. National Hurricane Center said.

Venezuelan President Chavez Calls Bush the `Devil' in UN Speech Venezuelan President Hugo Chavez called President George W. Bush ``the devil'' and ``world tyrant'' in a speech to the United Nations General Assembly in which he urged the member governments to fight U.S. domination.

PHI Helicopter Pilots Go on Strike in Pay Dispute (Update1) PHI Inc. pilots went on strike in a labor dispute with the largest provider of helicopter services to oil and natural-gas producers in the Gulf of Mexico.

Nymex Natural Gas Declines as Supplies Climb at Record Pace Natural gas fell in New York amid a record amount of fuel in underground storage caverns and mild weather that reduced demand.

PHI Helicopter Pilots Go on Strike in Pay Dispute (Correct) PHI Inc. pilots went on strike in a dispute with the largest provider of helicopter services to oil and natural-gas producers in the Gulf of Mexico.