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  • India's diamond polishers lose their sparkle Sunday, 29 Mar 2015 | 12:03 AM ET
    A pair of multi-colored sapphire and diamond ear clips, by JAR.

    A tough market and weaker demand mean have slowed growth in India's diamond market where 14 of every 15 diamonds set in jewelry around the world are processed.

  • Iran, world powers edge closer to nuclear deal Saturday, 28 Mar 2015 | 5:05 PM ET
    U.S. Secretary of State John Kerry (L), Iranian Foreign Minister Javad Zarif (R) and EU envoy Catherine Ashton pose for photographers before a meeting in Vienna November 22, 2014.

    World powers gathering in the Swiss city of Lausanne insist they are closer than ever to reaching a nuclear deal with Iran.

  • About 4,000 fishermen stranded on Indonesian islands Saturday, 28 Mar 2015 | 12:14 AM ET

    JAKARTA, Indonesia— The number of foreign fishermen stranded on several remote eastern Indonesian islands has spiraled to 4,000, including some revealed in an Associated Press investigation to have been enslaved. Many are migrant workers abandoned by their boat captains after the government passed a moratorium on foreign fishing five months ago,...

  • About 4,000 fishermen stranded on Indonesian islands Friday, 27 Mar 2015 | 7:04 PM ET

    JAKARTA, Indonesia— The number of foreign fishermen stranded on several remote eastern Indonesian islands has spiraled to 4,000, including some revealed in an Associated Press investigation to have been enslaved. Many are migrant workers abandoned by their boat captains after the government passed a moratorium on foreign fishing five months ago,...

  • SAN FRANCISCO, March 27- Yahoo Inc and Microsoft Corp agreed to extend by 30 days the deadline to re-negotiate a ten year search deal, as the two Internet companies attempt to revamp a thorny partnership crafted by former chief executives. According to a filing with the U.S. Securities and Exchange Commission on Friday, Yahoo and Microsoft mutually agreed to...

  • *Traders weigh possibility of Iran nuclear deal by next week. Tehran eager to recover oil market share lost due to sanctions. NEW YORK, March 27- Oil tumbled 5 percent on Friday, erasing the previous session's gains, as Yemen's conflict looked less likely to disrupt Middle East crude shipments and investors turned their focus to talks for a potential Iran nuclear...

  • *Success would establish Riyadh as leader of Sunni states. RIYADH, March 27- Saudi Arabia's campaign to stop the Houthis from ruling over Yemen could define its role in the Middle East for years and shape its regional struggle with the rebels' ally Iran. Success would establish Riyadh as de facto leader of the region's Sunni states it has pulled together in a...

  • *Tehran eager to recover lost market share in oil from sanctions. NEW YORK, March 27- Oil fell on Friday as fears about the disruption of Middle East crude shipments from Yemen's conflict eased, and focus turned to the likelihood of an Iranian nuclear deal by next week that could put more supply on the market. Benchmark Brent oil and U.S. crude were down more than 2...

  • *Company estimates India has about 800,000 paraplegics. March 27- ReWalk Robotics Ltd plans to launch its wearable robotic exoskeleton device in India by the second quarter of 2015, Chief Executive Larry Jasinski said. The company will launch the device in north India through a deal with New Delhi- based surgical products distributor Saimed Innovations.

  • Indian companies scramble to find women directors Friday, 27 Mar 2015 | 7:21 AM ET

    India's market regulator, the Securities and Exchange Board of India, has set a final deadline of April 1 for all of the country's listed companies to name at least one female director. Mukesh Ambani, the second richest Indian who heads the petrochemicals to telecoms conglomerate Reliance Industries Ltd., appointed his wife Nita Ambani to the company's board.

  • BANGKOK— Thailand is facing bans on new international flights and increased inspections after the International Civil Aviation Organization flagged significant concerns about the country's aviation safety, officials said Friday. Japan has blocked new flights from Thailand following the ICAO decision and South Korea is considering similar measures,...

  • *Yemen sits on Bab el- Mandeb Strait supply chokepoint. LONDON, March 27- Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia- led air strikes in Yemen. Oil jumped around 5 percent on Thursday, its biggest daily gain in a month, after air strikes in Yemen by Saudi Arabia and its Gulf...

  • *Crude dips after rally as market reassesses conflict in Yemen. TOKYO, March 27- Asian stocks were mixed on Friday as rising tensions in the Middle East obscured the investment outlook, while the dollar rebounded. Crude oil prices were lower due to the dollar's bounce and as the market reassessed the potential impact of the escalating conflict in Yemen, where...

  • *Yemen sits on Bab el- Mandeb Strait supply chokepoint. SINGAPORE, March 27- Oil prices fell more than $1 on Friday, after sharp gains in the previous session, as worries of a disruption to crude supplies due to Saudi Arabia- led air strikes in Yemen eased. Oil jumped around 5 percent on Thursday, the biggest daily gain in a month, as air strikes in Yemen by Saudi Arabia and...

  • BANGKOK— Thailand's junta leader has vowed to take legal action against companies using forced labor, after an Associated Press investigation revealed that fish caught by enslaved migrant workers was being exported from Thai ports to global markets. "If they still continue to exploit their fellow human beings, they should not be given any licenses to operate...

  • *Yemen sits on Bab el- Mandeb Strait supply chokepoint. SINGAPORE, March 27- Oil prices fell over a percentage point on Friday as traders estimated that the threat of a disruption to world crude supplies from Saudi Arabia- led air strikes in Yemen was low. Goldman Sachs said in an overnight note that the strikes in Yemen would have little effect on oil supplies as the...

  • India turns to 'satellite god' for crop mapping Thursday, 26 Mar 2015 | 5:00 PM ET

    NEW DELHI, March 27- Sher Singh, a farmer from India's desert state of Rajasthan, prays to Varuna, the Hindu god of water, for a bountiful harvest. Now, he is also looking to the heavens for satellite imaging to boost his crop. Prime Minister Narendra Modi wants to promote a "per drop, more crop" approach to farming to make better use of scarce water, and aims to have a new...

  • *Iran denounces strikes, Russia calls for "immediate ceasefire". NEW YORK, March 26- Oil jumped about 5 percent on Thursday, the biggest daily gain in a month, as air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears that escalation of the Middle East battle could disrupt world crude supplies. The Saudi military operation against the Iran- backed...

  • INTERVIEW-Iraq oil minister sees $70 crude by end 2015 Thursday, 26 Mar 2015 | 3:33 PM ET

    BAGHDAD, March 26- Iraq's Oil Minister Adel Abdel Mehdi predicted world oil prices could reach $70 a barrel by the end of 2015 and played down the impact of the emerging conflict in Yemen on prices. A global slump in oil prices has slashed government revenue in Iraq, prompting the OPEC producer to renegotiate contracts with oil majors as it faces a costly military...

  • *Iran denounces strikes, Russia calls for "immediate ceasefire". NEW YORK, March 26- Oil jumped about 5 percent on Thursday, rallying a second straight day, after air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears of a bigger Middle East battle that could disrupt world crude supplies. Pakistan, a Riyadh ally far away from the conflict, promised a "...