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  • *OPEC credibility may be in question if no cut agreed. LONDON, Nov 24- Oil prices could plunge to $60 a barrel if OPEC does not agree a significant output cut when it meets in Vienna this week, market players say. "The market would question the credibility of OPEC and its influence on global oil markets if there was no cut," said Daniel Bathe, of Lupus alpha Commodity Invest...

  • *Israel says Iran must not become "nuclear threshold state". VIENNA, Nov 23- Iran, the United States and other world powers are discussing an extension to Monday's deadline for a deal to resolve a 12- year stand-off over Tehran's atomic ambitions, Western and Iranian officials said. The talks in Vienna aim for an accord that could transform the Middle East, open the...

  • Jersey eyes liquidity in Asian, Middle Eastern banks Sunday, 23 Nov 2014 | 12:52 PM ET

    Situated between France and Britain in the Channel, Jersey is a British Crown dependency outside of the United Kingdom and the European Union. It is jostling with larger offshore markets such as Switzerland, the world's leading offshore private banking centre, to manage part of the growing liquidity in Asian and Middle East banks. Presently, 18 percent of the...

  • Iran lobbies Saudi Arabia for output cut: Report Sunday, 23 Nov 2014 | 10:27 AM ET
    OPEC headquarters in Vienna, Austria.

    Iran will try to persuade Saudi Arabia to cut oil production when ministers from the two OPEC members meet this week, Mehr news agency reported.

  • VIENNA, Nov 23- Iran will try to persuade Saudi Arabia to cut oil production when the oil ministers from the two OPEC members meet this week in Vienna, Iran's semi-official Mehr news agency reported on Sunday citing a television interview with the country's oil minister. "Iran's oil minister will meet his Saudi counterpart in Vienna to persuade the oil giant for...

  • *Citigroup, Deutsche Bank among banks picked. The sovereign, rated Caa1 by Moody's and B- by Standard& Poor's, has picked Citigroup, Deutsche Bank, Dubai Islamic Bank and Standard Chartered to arrange the roadshows and the possible deal, it showed. Pakistan will hold roadshows in the United Arab Emirates on Monday, before heading to London and Singapore on Tuesday,...

  • BIRMINGHAM, England, Nov 23- For some British Muslims, the path to jihad and the path to peaceful aid work can traverse much of the same terrain. From an office in Britain's second largest city, Waseem Iqbal and a friend are planning a trip to the Middle East. "How do you save innocents in Syria?

  • Saudi's Mobily suspends CEO amid accounting errors Sunday, 23 Nov 2014 | 4:11 AM ET

    RIYADH, Saudi Arabia— Telecommunications company Etihad Etisalat, known as Mobily on the Saudi stock exchange, said Sunday it has suspended its chief executive officer after accounting errors forced the operator to restate 18 months of earnings. Etihad Etisalat, which is 27 percent owned the United Arab Emirates' Etisalat, said in a statement posted on the...

  • Egypt to host major economic conference in March Saturday, 22 Nov 2014 | 4:57 AM ET

    CAIRO— Egypt's prime minister says his government will host a three-day international economic conference in the Red Sea resort of Sharm el-Sheikh starting March 13 to support the country's economy. Ibrahim Mahlab said Saturday that Saudi Arabia and the United Arab Emirates are partners in organizing the gathering. The two Gulf countries are strong...

  • *China's first rate cut in 2 years helped spark rally. *Expectations grow for OPEC production cut at Nov. 27 meet. NEW YORK, Nov 21- Oil prices rose on Friday for their first weekly gain in two months with benchmark Brent crude returning to above $80 a barrel after a rally triggered by China's interest rate cut and speculation of an OPEC output cut.

  • *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose above $80 a barrel on Friday after China cut interest rates and on speculation that OPEC could agree next week to reduce oil production. The rate cut added to a positive mood among oil traders, many of whom expected an agreement by the Organization of the Petroleum Exporting...

  • *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose more than $2 to above $81 a barrel on Friday after China cut interest rates and on speculation that OPEC could agree next week to reduce oil production. The rate cut added to a positive mood among oil traders, many of whom expected an agreement by the Organization of the Petroleum...

  • Pluristem posts 1Q loss Friday, 21 Nov 2014 | 7:15 AM ET

    HAIFA, Israel _ Pluristem Therapeutics Inc. on Friday reported a loss of $5.9 million, or 9 cents per share, in its fiscal first quarter. The company, based in Haifa, Israel, posted revenue of $95,000 in the period. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *Libya and Ecuador also call for lower OPEC output. *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose to near $81 a barrel on Friday after China cut interest rates and on speculation that OPEC could agree next week to reduce oil production.

  • Food and face-lift scandals rock Lebanon Friday, 21 Nov 2014 | 6:54 AM ET

    BEIRUT— It is often said that Lebanon has only two things going for it, food and plastic surgery. Lebanon has also become a favored cosmetic surgery destination due to the reputation of the country's surgeons. In back-to-back press conferences, Abu Faour announced the result of an investigation into the food industry, naming popular restaurants as prime...

  • *Libya and Ecuador also call for lower OPEC output. *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose above $80 a barrel on Friday after China cut interest rates and on speculation OPEC could agree next week to reduce oil production.

  • *Libya and Ecuador also call for lower OPEC output. LONDON, Nov 21- Brent crude oil rose towards $80 a barrel on Friday on speculation OPEC could agree output cuts at a meeting next week, with strong U.S. economic data also bolstering prices. Libya and Ecuador have also called for OPEC to cut output.

  • *Washington conciliatory after secret talks angered Paris. *France risks losing out commercially if Iran deal struck. France, a U.N. Security Council veto-holder, has long held out for strict terms trading a loosening of international sanctions on Iran's oil-based economy in return for commitments by Tehran to show its nuclear work is as peaceful as it insists.

  • New Egypt comic artists push limits of expression Friday, 21 Nov 2014 | 2:05 AM ET

    CAIRO— A new feminist comic book, the Jewelry Box, has emerged in Egypt, the latest addition in a blossoming scene of alternative comics, as artists seek freer outlets of expression in a country where independent voices are finding it harder to speak. Cartoons and political satire go back over a hundred years in Egypt, and are a staple in newspapers that have often...

  • SINGAPORE, Nov 21- Brent briefly rose to $80 a barrel on Friday on speculation OPEC could agree to output cuts at its meeting next week, with strong U.S. economic data also bolstering oil prices. Libya, Ecuador and Venezuela earlier called for OPEC to cut production. Iran urged fellow OPEC members to shore up oil prices while saying a reduction in output was unlikely.