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  • Unlike their existing partnership, under which Iran Khodro re-assembles older Peugeot models made in European plants, the new venture would manufacture cars from scratch using the French group's latest vehicle architectures and engines, Quemard said. Peugeot, the leading foreign player in Iran until sanctions were imposed in 2011, will face tougher...

  • ATHENS/ BRUSSELS, July 14- A secret International Monetary Fund study showed Greece needs far more debt relief than European governments have been willing to contemplate so far, as Germany heaped pressure on Athens on Tuesday to reform and win back its partners' trust. The study, seen by Reuters, said European countries would have to give Greece a 30- year grace...

  • PARIS, July 14- PSA Peugeot Citroen is in advanced talks over an Iranian carmaking venture with historic partner Iran Khodro and expects rapid progress following the diplomatic breakthrough lifting sanctions against the country, the French company said. The deal struck in Vienna between Iran and western powers "should clear the way for significant progress...

  • *Sanctions would "snap back" after 65 days if Iran violates deal. VIENNA, July 14- Iran and six major world powers reached a nuclear deal on Tuesday, capping more than a decade of negotiations with an agreement that could transform the Middle East. Under the deal, sanctions imposed by the United States, European Union and United Nations will be lifted in return for Iran...

  • *Brent crude slides nearly 2 percent after Iran nuclear deal. LONDON, July 14- Oil prices dropped, pushing commodity-linked shares and currencies lower on Tuesday, after Iran and six world powers reached a historic nuclear deal expected to increase the supply of Iranian crude on world markets. "Even with a historic deal, oil from Iran will take time to return, and...

  • ATHENS, July 14- Lawmakers from Greece's ruling Syriza party and their allies were arguing behind closed doors on Tuesday about whether to back sweeping reforms the government must ram through parliament as it races to meet the terms of an unpopular bailout deal. Having staved off financial meltdown with a new agreement from Greece's creditors, Prime...

  • *Sanctions would "snap back" after 65 days if Iran violates deal. VIENNA, July 14- Iran and six major world powers reached a nuclear deal on Tuesday, capping more than a decade of negotiations with an agreement that could transform the Middle East. Under the deal, sanctions imposed by the United States, European Union and United Nations will be lifted in return for Iran...

  • VIENNA- IRAN'S ZARIF SAYS TODAY IS A HISTORICAL DAY, NUCLEAR DEAL WITH POWERS HELPS BUILD CONFIDENCE.

  • WRAPUP 6-Iran, big powers clinch historic nuclear deal Tuesday, 14 Jul 2015 | 5:37 AM ET

    VIENNA, July 14- Iran and six major world powers reached a nuclear deal on Tuesday, capping more than a decade of negotiations with an agreement that could transform the Middle East, and which Israel called an "historic surrender." Under the deal, sanctions imposed by the United States, European Union and United Nations would be lifted in return for Iran agreeing...

  • LONDON, July 14- Oil prices dropped, pushing commodity-linked shares and currencies lower on Tuesday, after Iran and six world powers reached a historic nuclear deal expected to increase the supply of Iranian crude on world markets. But oil was the big mover, down nearly 2 percent, after Tuesday's deal, clinched in Vienna after more than a decade of on-off...

  • VIENNA, July 14- Iran and six major world powers have reached a nuclear deal after more than a decade of on-off negotiation, granting Tehran sanctions relief in exchange for curbs on its nuclear programme, Iranian diplomats said on Tuesday. The agreement aims to limit Iran's nuclear work for more than a decade in exchange for the gradual suspension of sanctions...

  • SINGAPORE, July 14- Oil prices tumbled more than a dollar on Tuesday as Iran and six global powers reached a nuclear deal that could see an easing of sanctions against Tehran and a gradual increase in its oil exports just as Asian economies showed further signs of weakness. Iran and six major powers have reached a historic nuclear deal, which will grant Tehran...

  • *Concluding meeting for Iran deal expected at 0800 GMT- media. *Iran would take many months to fully ramp up oil exports. SINGAPORE, July 14- Oil prices dipped on Tuesday as the market awaited a nuclear deal between Iran and six global powers that could see an easing of sanctions against Tehran and a gradual increase in its oil exports, while Asian economies showed new...

  • *Concluding meeting for Iran deal expected at 0800 GMT- media. *Iran would take many months to fully ramp up oil exports. SINGAPORE, July 14- Oil prices dipped early on Tuesday as the market awaited an announcement on a nuclear deal between Iran and six global powers that could see an easing of sanctions against Tehran and a gradual increase of its oil exports.

  • VIENNA, July 14- U.N. inspectors would have access to all suspect Iranian sites, including military ones, under a draft nuclear deal that six major powers and Iran are working to finalise on Tuesday, a diplomatic source said. The source, who spoke on condition of anonymity, said the U.N. access would be based on consultations between the six powers and Iran under the...

  • *Japan stocks lead Asia higher, Shanghai extends rally. LONDON, July 13- World markets gave a weary cheer on Monday as euro zone leaders emerged from-all night talks in Brussels with a deal to keep Greece afloat and part of the euro currency union. As Europe's markets opened, European Council President Donald Tusk announced that after months of negotiations,...

  • *Rift spreads across Europe, including within governments. BRUSSELS, July 12- Caught between the rock of throwing good taxpayers' money after bad in Greece and the hard place of opening a dangerous crack in their common currency, tempers frayed among euro zone ministers meeting at the weekend. Such was the "tough, even violent" atmosphere, in the words of one...

  • *Rift spreads across Europe, including within governments. BRUSSELS, July 12- Caught between the rock of throwing good taxpayers' money after bad in Greece and the hard place of opening a dangerous crack in their common currency, tempers are fraying among euro zone ministers meeting in Brussels. By contrast, Greek Finance Euclid Tsakalotos, appointed last week in...

  • *Iran desperately need to refresh fleet aged by sanctions. *Airbus and Boeing could be looking at $20 billion of deals. PARIS/ VIENNA, July 10- Western planemakers look set to reap billions of dollars in deals with Iran, if a deal is done on its nuclear programme to allow one of the world's most promising aviation markets to come out of quarantine.

  • *China equities jump on support measures by Beijing. *Uncertainties remain on Iran deal, target now Friday. NEW YORK, July 9- Oil rebounded sharply on Thursday from three-month lows hit earlier this week, with prices up nearly 3 percent as China's collapsing stock market steadied and oil traders remained uncertain about negotiations for a nuclear deal that will...