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Iran and Russia move closer but their alliance has limits

DUBAI/MOSCOW When Iran took delivery of the first parts of an advanced Russian air defense system this month, it paraded

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Indexes open higher, Brent hits 11-year low

U.S. stocks opened higher on Monday, the first day of a holiday-shortened week, as Brent crude hit an 11-year low.

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Oil stays under pressure as Iran orders sharp rise in crude output

SINGAPORE Oil futures remained under pressure in early trading on Tuesday, following a slide that has seen prices fall by

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Hungarian PM Orban calls for joint European army

BUDAPEST Hungarian Prime Minister Viktor Orban said on Friday the European Union should start setting up a joint European army.

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VW says sees limited impact of production stoppages on staff hours

BERLIN Volkswagen (VOWG_p.DE) said the impact of production stoppages on staff hours caused by a dispute with two parts suppliers

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German economy set fair on growth path despite Brexit risk

BERLIN Germany’s domestic economy is set fair for further growth, with robust household and government spending propelling a self-reinforcing cycle

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Nigerian traditional rulers want prisoners freed before Delta talks

ABUJA Traditional leaders in Nigeria’s oil-producing Niger Delta have demanded that authorities release youths arrested by the army before they

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Zimbabwe protesters, police clash at anti-Mugabe rally

HARARE Zimbabwean police on Friday fired teargas and a water cannon to disperse anti-government supporters, who responded by hurling rocks,

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Euro zone lending picks up, easing pressure on ECB to act

FRANKFURT Lending to euro zone companies and households grew steadily in July, suggesting the region’s modest economic recovery remains on

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Monte dei Paschi chairman says talks of CEO replacement are groundless

MILAN The chief executive of Banca Monte dei Paschi di Siena (BMPS.MI) Fabrizio Viola has the full backing of the

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Icahn explored selling Herbalife stake to group that included Ackman: WSJ

Billionaire investor Carl Icahn was lately in talks to sell his stake in nutritional supplement maker Herbalife Ltd (HLF.N) to

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Equities unloved; bumper debt flows raise ‘bond shock’ risk: BAML

LONDON Global bond funds pulled in more fresh money in the past week, though appetite for emerging assets stuttered and

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