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A U.S. Senate vote to extend the Iran Sanctions Act (ISA) for 10 years shows the world that Washington cannot be relied upon to act on its commitments, Iranian Foreign Minister Mohammad Javad Zarif said on Saturday.   Iran has vowed to...
Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense.   The preliminary settlement was...
OPEC will meet non-OPEC countries to finalize a global oil limiting pact on December 10 in Vienna, two sources told Reuters on Saturday.   Two OPEC sources earlier said the meeting was due to take place in the Russian capital Moscow, but later...
King Salman bin Abdulaziz has replaced Saudi Arabia's labor minister, state media reported on Friday, after recent statistics showed a rise in unemployment in the world's top oil exporter.   In a royal decree read on state television,...
"We answer your call, O Hussein!"   The traditional battle cry of Shi'ite Muslims, expressing loyalty to the 7th century martyred hero of their sect, has been spraypainted across buildings in Mosul by soldiers as they push out the...
Relatives of those aboard Malaysia Airlines Flight MH370 said on Saturday they were taking the search for the plane into their own hands to try to push governments to expand the search area along the east African coast.   Flight MH370, carrying...
U.S. President-elect Donald Trump spoke by phone with President Tsai Ing-wen of Taiwan, the first such contact between the two sides in nearly four decades, but China dismissed the call as a "petty action" by the self-ruled island it...
Gambian leader Yahya Jammeh, who once vowed to rule the tiny West African nation for "a billion years", said he had accepted his shock election defeat on Friday, 22 years after seizing power in a coup.   Voting on Thursday against...
Egypt's largest listed lender CIB sold a near-72 percent stake in its investment banking arm CI Capital to Egyptian and Gulf investors on Thursday, as part of a move to shed subsidiaries and focus on core actives.   Commercial International...
Egypt has accepted six bids for oil and gas exploration worth a total investment of up to $200 million, the Ministry of Petroleum said on Friday.   In May, the General Authority for Petroleum announced an international tender for 11 oil and...

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