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  • India's Reliance plans $13B in energy projects Saturday, 30 Aug 2014 | 1:17 AM ET

    India's Reliance Industries plans to invest about $13 billion in energy projects, including a 400,000 barrels per day crude refinery.

  • War leaves Israelis and Palestinians more entrenched Saturday, 30 Aug 2014 | 12:00 AM ET
    Children taking part in the military parade organized by Al-Quds Brigades, the armed wing of the Palestinian Islamist organization Palestinian Islamic Jihad, to mark the end of the war on Gaza.

    Only time will tell whether Israel will maintain the quiet it so desperately sought during 50 days of war with Palestinian militants in the Gaza Strip.

  • *Palladium rises above $900 on supply worries. NEW YORK/ LONDON, Aug 29- Palladium rose to a 13-1/ 2- year high on Friday on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in U.S. equities.

  • *Palladium rises above $900 on supply worries. NEW YORK/ LONDON, Aug 29- Palladium rose to a fresh 13-1/ 2- year high on Friday on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in U.S. equities.

  • The challenges highlight the difficulties that bailed-out Banco Espirito Santo and its successor Novo Banco face as they try to recover some of the family's massive debts.

  • NEW DELHI, Aug 29- India's Reliance Industries Ltd plans to invest about $13 billion in energy projects, including a 400,000 barrels per day crude refinery at its Jamnagar complex, documents seen by Reuters show. The refinery would process cheap, heavy crudes that are increasingly available to Asia as the shale boom has cut U.S. demand for the grades.

  • WASHINGTON, Aug 29- The United States on Friday imposed sanctions on more than 25 people and companies it accused of violating sanctions against Iran, including shipping firms, airlines, and six Iranian banks.

  • Disputed Kurdish oil tanker goes dark near Texas Friday, 29 Aug 2014 | 11:09 AM ET
    A still image from video taken by a U.S. Coast Guard HC-144 Ocean Sentry aircraft shows the oil tanker United Kalavyrta (also known as the United Kalavrvta), which is carrying a cargo of Kurdish crude oil, approaching Galveston, Texas July 25, 2014.

    The missing tank—filled with $100 million of disputed oil—is the latest development in a risky game of cat-and-mouse between Baghdad and the Kurds.

  • Islamic State's appeal presents Jordan with new test Friday, 29 Aug 2014 | 8:28 AM ET

    *King Abdullah says Jordan more prepared than ever for risk. AMMAN, Aug 29- He had a good job and a loving family, but it wasn't enough for a 25- year old Jordanian who abandoned his life of privilege in Amman to join the Islamic State group that has seized swathes of neighbouring Iraq and Syria.

  • Stocks end higher following strong run in August Friday, 29 Aug 2014 | 6:04 AM ET

    For most of August, stocks have managed to shake off geopolitical conflicts from Ukraine to Gaza and Iraq. "The market has a good underlying tone," said Mike Levine, portfolio manager of Oppenheimer Equity Income Fund. Even in a quiet day of trading ahead of the Labor Day holiday, stocks eked out a gain.

  • Worrying eurozone inflation sags again to 0.3 pct Friday, 29 Aug 2014 | 5:03 AM ET

    FRANKFURT, Germany— Inflation in the 18 countries that use the euro sank to an annual 0.3 percent in August, a sign of economic weakness that is putting pressure on the European Central Bank to take drastic steps to save a stalling recovery.

  • EU ministers call for new sanctions against Russia Friday, 29 Aug 2014 | 4:32 AM ET

    MILAN— Several European Union foreign ministers on Friday accused Russia of invading eastern Ukraine and said Moscow should be punished with additional economic sanctions. The meeting of the 28- nation bloc's top diplomats in Milan came one day after NATO said Moscow slipped at least 1,000 Russian soldiers and much heavy weaponry into Ukraine.

  • *Asia's July Iran imports at 7- mth low; China imports firm. TOKYO, Aug 29- Iran's major Asian customers shipped in 29.4 percent more crude in July from a year earlier, with China, Tehran's biggest client, still accounting for most of the increase seen since Western sanctions were eased at the beginning of the year.

  • Economic sanctions spare Western-tied Russian fund Friday, 29 Aug 2014 | 12:06 AM ET

    WASHINGTON— As President Barack Obama warns of stepped-up economic punishments against Russia for its military incursions inside Ukraine, U.S. sanctions have so far avoided one prominent financial institution: the $10 billion Russian Direct Investment Fund, which has partnered with brand-name American companies and whose advisers include top U.S. and European private equity executives.

  • BOSTON, Aug 28- An influential U.S. financial services industry group that shares information about cyber threats has said it is unaware of any "significant" cyber attacks, downplaying concerns about possible breaches at JPMorgan Chase& Co and other banks.

  • SINGAPORE, Aug 29- U.S. crude futures stayed above $94 a barrel on Friday, holding overnight gains as positive economic data boosted the outlook for demand in the world's largest oil consumer. *U.S. crude had edged down 2 cents to $94.53 a barrel by 0024 GMT, after settling up 67 cents on Thursday.

  • HOUSTON, Aug 28- A tanker near Texas loaded with $100 million of disputed Iraqi Kurdish crude has disappeared from satellite tracking, the latest development in a high stakes game of cat-and-mouse between Baghdad and the Kurds.

  • Labour shortage dents Thai plans to boost rice exports Thursday, 28 Aug 2014 | 5:00 PM ET

    *Thailand may miss 10 million T export target for this year. SAMUT PRAKAN, Thailand, Aug 29- Thailand is facing delays in plans to export millions of tonnes of rice from state stockpiles because of a labour shortage at ports after hundreds of thousands of foreign workers fled amid fears of a military crackdown on illegal migrants.

  • *Fire hits BP's largest U.S. refinery, at Whiting, Indiana. *Hope fades for Ukraine- Russia ceasefire deal. "There's better demand here in the U.S. than versus Europe," said Phil Flynn, an analyst with the Price Futures Group in Chicago, Illinois.

  • *Riyadh seeks strong Sunni representation in Iraq government. The Al Saud have long seen the conflicts in Iraq and Syria as a pivotal battle for the future of the Middle East, pitting Sunni Muslims against a radical, revolutionary, Shi'ite Iran.