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  • President Barack Obama about the Iran nuclear deal and believes the agreement will contribute to security and stability in the Middle East, a senior Saudi official said on Friday. The visit is the king's first to the United States since ascending to the throne in January 2015, and comes after the United States agreed to a nuclear deal with Iran in July.

  • *Iran paid $87 mln for Romanian rig to bypass sanctions. DUBAI, Sept 4- Four years after Iran spent $87 million to buy an oil drilling rig that was never delivered, the broker in the deal has given his side of a story he describes as a cautionary tale for Western investors impatient for an end to sanctions. Over the last several months, "the case of the missing rig" has...

  • President Barack Obama at the White House on Friday to seek more support in countering Iran, as the Obama administration aims to use the visit to shore up relations after a period of tensions. The visit is the king's first to the United States since ascending to the throne in January 2015, and comes after the United States agreed to a nuclear deal with Iran in July,...

  • CARACAS, Sept 4- Venezuelan president Nicolas Maduro arrived in fellow OPEC nation Qatar on Friday in an unannounced visit to push for action on oil prices. Venezuela's Oil Ministry did not immediately respond to a request for further details. Cash-strapped Venezuela has for months been pushing for an emergency OPEC meeting and joint coordination with...

  • Turkey is an American ally, a member of NATO and has been key partner in the U.S. counterterrorism efforts in the Middle East, according to the U.S. State Department. The nonprofit Nuclear Threat Initiative says Turkey is active in nuclear proliferation prevention efforts and is a member of all major treaties governing the acquisition and use of nuclear,...

  • FRANKFURT, Sept 4- Germany's Lufthansa is excited by the possibilities offered by the opening up of Iran, especially for its maintenance and catering divisions, the airline group's chief executive told Reuters. Carsten Spohr said he would be travelling to Iran shortly and that talks with partners had intensified. Iran and six world powers struck a deal on...

  • *Iran paid $87 mln for Romanian rig to bypass sanctions. *Broker says he is targeted by interests in Tehran. DUBAI, Sept 4- Four years after Iran spent $87 million to buy an oil drilling rig that was never delivered, the broker in the deal has given his side of a story he describes as a cautionary tale for Western investors impatient for an end to sanctions.

  • MADRID, Sept 4- Spain is sending a high-level government and business delegation to Iran next week, joining other countries drawn to Tehran by the possibility of lucrative opportunities that could be unlocked by a nuclear deal. Business delegations from around the world have hurried to Tehran since Iran and six major world powers reached a nuclear deal on July...

  • President Barack Obama in Washington on Friday to seek more support in countering Iran, as the Obama administration aims to use the visit to shore up relations after a period of tensions. The visit is the king's first to the United States since ascending to the throne in January, and comes after the United States agreed to a nuclear deal with Iran in July, raising...

  • SINGAPORE, Sept 4- Gold held declines from a two-day losing streak on Friday, ahead of a crucial U.S. jobs report as traders waited for clues about the timing of a Federal Reserve rate hike. *Spot gold was little changed at $1,125.31 an ounce by 0040 GMT, after losing about 1 percent in the last two sessions. The metal fell to a one-week low of $1,121.35 on Thursday.

  • NYMEX-U.S. crude nudges higher on weaker dollar Thursday, 3 Sep 2015 | 8:25 PM ET

    *U.S. crude for October delivery was up 3 cents at $46.78 barrel by 0012 GMT, after settling 50 cents higher in the previous session. *Iran's Supreme Leader, President Hassan Rouhani said he favours a parliamentary vote on its nuclear deal with world powers and called for sanctions against Tehran to be lifted completely rather than suspended, state television...

  • French carmakers duel over Iran Thursday, 3 Sep 2015 | 1:30 AM ET

    *Renault takes aim at Peugeot in Iran. PARIS, Sept 3- France's PSA Peugeot Citroen, the biggest-selling European carmaker in pre-sanctions Iran, has hit a setback in its bid to reclaim that throne: domestic rival Renault. Now Renault plans to use $560 million of its cash that had been trapped in Iran to seize the advantage, after July's international deal to lift...

  • WASHINGTON, Sept 2- Saudi Arabia is in advanced discussions with the U.S. government about buying two frigates based on a coastal warship that Lockheed Martin Corp is building for the U.S. Navy, and could reach agreement by the end of the year, according to sources familiar with the talks. President Barack Obama in Washington this week, as Washington and Riyadh seek...

  • NEW YORK, Sept 2- Looking for ways to help the hundreds of the thousands of refugees and migrants en route to the European Union to flee wars and poverty? Below is a list of humanitarian organizations that are distributing aid and services within Europe as well as in the Middle East. International Rescue Committee: This New York-based group has an emergency team in...

  • Commodities tomorrow: Crude comeback Wednesday, 2 Sep 2015 | 3:40 PM ET
    Commodities tomorrow: Crude comeback

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • SodaStream chief accuses boycotters of anti-Semitism Wednesday, 2 Sep 2015 | 2:23 PM ET

    IDAN HANEGEV INDUSTRIAL PARK, Israel— The chief executive of SodaStream, the beverage maker that is shuttering its West Bank factory in the face of international boycott calls, accused his company's critics Wednesday of anti-Semitism and hurting the interests of the Palestinian workers they claim to protect. Citing financial reasons, SodaStream announced...

  • Saudis to talk output cuts at THIS level: Trader Wednesday, 2 Sep 2015 | 1:06 PM ET
    The sun sets over an oil refinery in Saudi Arabia.

    Saudi Arabia will try to jockey the oil market with comments about cutting production once crude prices fall below $44, Phillip Streible said.

  • ADDIS ABABA, Sept 2- Djibouti's relaunched national airline, now managed by a company run by the frontman of English heavy metal band Iron Maiden, is looking to remake itself as an Africa- wide air freight service, it said on Wednesday. Tiny Djibouti is sandwiched between Eritrea, Somalia and Ethiopia in the Horn of Africa, sitting strategically at the Red Sea and...

  • WASHINGTON, Sept 2- Saudi Arabia is in advanced discussions with the U.S. government about buying two frigates based on a coastal warship that Lockheed Martin Corp is building for the U.S. Navy, and could reach agreement by the end of the year, according to sources familiar with the talks. President Barack Obama in Washington this week, as Washington and Riyadh seek...

  • Qatar companies get more time to meet labor requirement Wednesday, 2 Sep 2015 | 11:12 AM ET

    DOHA, Qatar— Companies in energy-rich Qatar will have a few more months to comply with a system designed to ensure workers get paid on time. The official Qatar News Agency on Wednesday quoted Labor and Social Affairs Ministry official Khalid Abdullah al-Ghanim as saying the deadline for employers to meet requirements of the "wage protection system" is now Nov. 2.