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In the papers today - Friday 8 June

Travelling by rail may be a green form of transport but it could be even greener, as the maiden journey of Europe's first biodiesel train set out to demonstrate yesterday. The Virgin boss Sir Richard Branson launched the service, which runs on a partly blended biofuel, to haul a trial group of passengers, including the prime-minister-in-waiting, Gordon Brown, from London Euston to Llandudno in north Wales - The Independent
The 18th-century cathedral at Noto, on the south-east coast of Sicily, known as the 'jewel of European Baroque' and rebuilt painstakingly after an earthquake, is at risk from oil drilling. Panther Oil, owned by the Texan oil baron James Smitherman III, has been given permission by the Sicilian regional authority to prospect for petroleum and natural gas in a 764sq km (295sq mile) area, to the anger of local campaigners - The Times Babcock & Brown, the Australian investment bank, has bought a 10 per cent stake in Portugal's Brisa in the latest of several transactions between infrastructure investors and one of southern Europe's leading toll road operators. B&B, which runs a number of funds focused on the infrastructure sector, said yesterday it had bought the stake for about Eu590m ($792m) on behalf of a syndicate of investors, including some of its own investment funds - The Financial Times

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