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  • DUBAI, Jan 24- Saudi Arabia and Egypt's stock markets rebounded more than 3.0 percent in early trade on Sunday, as investors took solace in the end of week rebound in oil prices and global bourses. Saudi Basic Industries, the largest petrochemical firm, surged 8.5 percent to 67.25 riyals per share. The banking sector's total net income increased 3.8 percent...

  • SYDNEY/ LONDON, Jan 24- Global insurance firms are circling Iran for business opportunities following the lifting of sanctions- and the first test of their appetite could come in March when some Iranian companies seek new cover. Insurers, the reinsurers that share their risk and the brokers that forge deals are exploring ways to tap a market worth $7.4 billion in...

  • SINGAPORE, Jan 24- The Monetary Authority of Singapore said on Sunday it supported the nomination of the International Monetary Fund's managing director, Christine Lagarde, for a second term. Lagarde launched her campaign for her second term on Friday with ringing endorsements from a host of major economies that looked past a court case against her in her...

  • LOS ANGELES, Jan 23- Regional air quality regulators in California voted on Saturday to require the utility responsible for a ruptured underground pipeline in the Los Angeles area to underwrite an independent study on the health effects of a huge methane leak from the site. The natural gas leak in Aliso Canyon, just outside the Los Angeles neighborhood of...

  • NEW YORK/ WASHINGTON, Jan 23- A blizzard that has paralyzed much of the U.S. East Coast intensified on Saturday, bringing Washington to a standstill and forcing the closure of roads, bridges and tunnels into New York until Sunday morning. It ranked No. 3 in terms of snowfall accumulation in New York City history with at least 25.1 inches, and was among Washington's...

  • NEW YORK/ WASHINGTON, Jan 23- A blizzard that has paralyzed much of the U.S. East Coast intensified on Saturday, bringing Washington to a standstill and forcing the closure of roads, bridges and tunnels into New York until Sunday morning. At least 13 people have been killed in weather-related car crashes in Arkansas, North Carolina, Kentucky, Ohio, Tennessee and...

  • MEXICO CITY, Jan 23- Mexico's state-run oil company Pemex said on Saturday that a fire broke out in a machine room on a platform located in the company's top producing oilfield, but added that it would not affect production. Pemex said via Twitter that the Zaap E platform, part of the Ku Maloob Zaap field located in shallow waters at the southern edge of the Gulf of...

  • MEXICO CITY, Jan 23- Mexico's state-run oil company Pemex said on Saturday that a fire broke out in a machine room on a platform located in the company's top producing oilfield, but added that it would not affect production. Pemex said via Twitter that the Zaap E platform, part of the Ku Maloob Zaap field located in shallow waters at the southern edge of the Gulf of...

  • Cars pass a construction site in Fajardo, near San Juan, Puerto Rico, on Dec. 1, 2015.

    A deal to restructure $8.2 billion in Puerto Rican utility debt collapsed, after lawmakers missed a deadline to approve conditions for the bond swap.

  • NEW YORK/ WASHINGTON, Jan 23- A blizzard that has paralyzed much of the U.S. East Coast intensified on Saturday, bringing the nation's capital to a standstill and forcing the closure of roads, bridges and tunnels into New York, the largest city in the country. At least 13 people have been killed in weather-related car crashes in Arkansas, North Carolina, Kentucky, Ohio,...

  • NEW YORK/ WASHINGTON, Jan 23- A monster blizzard that has paralyzed much of the U.S. East Coast intensified on Saturday as it barreled into New York City, forcing the closure of all bridges and tunnels into the largest U.S. city and prompting a travel ban on area highways. At least 13 people have been killed in weather-related car crashes in Arkansas, North Carolina,...

  • ADDIS ABABA, Jan 23- The United States is not close to an agreement with China on new United Nations Security Council measures to impose on North Korea over its fourth nuclear test earlier this month, said U.S. North Korea said on Jan. 6 that it successfully tested a powerful nuclear bomb. The 15- member U.N. Security Council said at the time it would begin working...

  • MILAN, Jan 23- Italian oil service group Saipem said it had trimmed its sales guidance for last year and might have to review its recent four-year business plan targets if oil prices remained at current low levels. In the prospectus for its upcoming 3.5 billion euro rights issue, Saipem said that due to a slowdown in work in Venezuela in the final quarter, 2015...

  • NEW YORK, Jan 23- Lawyers for former pharmaceuticals executive Martin Shkreli have asked a U.S. federal judge for guidance on a demand by lawmakers that Shkreli appear at a hearing on Tuesday, writing that if travel restrictions on him are not lifted, the congressional subpoena should be blocked. District Judge Kiyo Matsumoto in Brooklyn late on Friday laying...

  • *Record tides cause major flooding in New Jersey, Delaware. NEW YORK/ WASHINGTON, Jan 23- A monster blizzard that has paralyzed the U.S. East Coast intensified on Saturday afternoon as it barreled into New York City, prompting a travel ban on area highways as high winds whipped up record-setting tides in New Jersey and Delaware. New York Governor Andrew Cuomo...

  • EX-DRUG CEO MARTIN SHKRELI'S LAWYERS ASK COURT TO CONSIDER BLOCKING CONGRESSIONAL SUBPOENA- LETTER.

  • NEW YORK, Jan 23- All bridges and tunnels into New York City operated by the Port Authority of New York and New Jersey will close on Saturday afternoon because of blizzard conditions in the metropolitan area, New York Governor Andrew Cuomo said. With forecasts of up to 30 inches of snow, New York will also enforce a travel ban on all roads in the southern part of the...

  • DAVOS, Switzerland, Jan 23- Davos Man is being urged to broaden his circle, to include more women. Justin Trudeau, Canada's new prime minister, challenged Davos Man, the nickname for the global business and political elite who gather every winter to talk about solving the world's problems, to follow his lead. Beth Brooke-Marciniak, global vice chair of public policy...

  • DAVOS, Switzerland, Jan 23- Davos Man is being urged to broaden his circle, to include more women. Justin Trudeau, Canada's new prime minister, challenged Davos Man, the nickname for the global business and political elite who gather every winter to talk about solving the world's problems, to follow his lead. Beth Brooke-Marciniak, global vice chair of public policy...

  • DAVOS, Switzerland, Jan 23- Angela Merkel was missing from Davos this year, but the German leader's optimistic mantra "we can do this" echoed through the snowy resort in the Swiss Alps. At the top of the lengthy list of worries was Europe, whose policymakers remain deeply divided in their approach to the refugee crisis at a time when the bloc faces a host of other...