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  • Reuters World News Highlights 1800 GMT Oct 25 Thursday, 25 Oct 2012 | 6:01 PM ET

    BEIRUT/ GENEVA- Syria's army command announced a ceasefire on Thursday to mark the Muslim holiday of Eid al Adha but said it reserved the right to respond to any rebel attack or moves to reinforce President Bashar al-Assad's armed foes.

  • Correction: US Oil Boom story Thursday, 25 Oct 2012 | 3:49 PM ET

    NEW YORK-- In a story Oct. 23 about the boom in U.S. oil production, The Associated Press misidentified the year and amount of peak U.S. oil output. US could soon overtake Saudi Arabia as world's biggest oil producer; output is booming. NEW YORK _ U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.

  • Reuters World News Highlights 1000 GMT, Oct 25 Thursday, 25 Oct 2012 | 10:16 AM ET

    HAVANA- Hurricane Sandy, strengthening rapidly after crossing the warm Caribbean Sea, slammed into southeastern Cuba early on Thursday with 105 mph winds that cut power and blew over trees across the city of Santiago de Cuba.

  • McAfee, Westinghouse set security pact for nuclear plants Wednesday, 24 Oct 2012 | 7:24 PM ET

    NEW YORK, Oct 24- Westinghouse Electric Co, a unit of Japan's Toshiba Corp, will rely on Intel Corp's McAfee unit to prevent network intrusions into nuclear power plants that it builds, the two companies said on Wednesday.

  • DUBAI, Oct 24- Private equity firms in the Middle East are preparing to exit a range of investments, a sign that asset markets in the region are recovering from the twin blows of Arab Spring uprisings and the global financial crisis.

  • Wave of Hack Attacks from Iran Wednesday, 24 Oct 2012 | 1:35 PM ET
    Wave of Hack Attacks from Iran

    Gil Shwed, chairman and CEO of Check Point Software, offers insight on cyber security threats from Iran.

  • Jordan's king steers nation through turbulence Wednesday, 24 Oct 2012 | 10:22 AM ET

    AMMAN, Jordan-- The foiling of a planned al-Qaida terror plot in Jordan underscores a new subplot in the story of the Arab Spring: Things are heating up for King Abdullah II, a Western-oriented monarch who has run a business-friendly, pragmatic monarchy with some trappings of democracy.

  • In Cyberattack on Saudi Firm, US Sees Iran Firing Back Wednesday, 24 Oct 2012 | 4:53 AM ET
    US to Overtake Saudi as Largest Oil Producer

    Hackers picked the one day of the year they knew they could inflict the most damage on the world’s biggest oil producer, Saudi Aramco — and U.S. intelligence officials believe the attack came from Iran. The New York Times reports.

  • REFILE-UPDATE 1-OPEC deadlocked over top post Tuesday, 23 Oct 2012 | 3:59 PM ET

    *OPEC secretary general post comes up in 2013. LONDON/ DUBAI, Oct 23- OPEC remains in a stalemate over selecting its next secretary general, delegates to the producer group said on Tuesday after a two-day meeting, due to rivalry between four member-countries over its top administrative post.

  • The top world oil producers at a glance Tuesday, 23 Oct 2012 | 2:44 PM ET

    A four-year boom in U.S. oil production is accelerating so fast it could help soon make the U.S. the world's top producer of oil and liquid hydrocarbons. The U.S. passed Russia this year, and is now second behind Saudi Arabia. Source: U.S. Energy Information Administration.

  • US may soon become world's top oil producer Tuesday, 23 Oct 2012 | 1:34 PM ET

    NEW YORK-- U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer. The Energy Department forecasts that U.S. production of crude and other liquid hydrocarbons, which includes biofuels, will average 11.4 million barrels per day next year.

  • FACT CHECK: Missteps in final presidential debate Monday, 22 Oct 2012 | 10:39 PM ET

    ROMNEY on Syria: "What I'm afraid of is we've watched over the past year or so, first the president saying, `Well, we'll let the U.N. deal with it.' And Assad _ excuse me, Kofi Annan _ came in and said we're going to try to have a cease-fire.

  • One Area of the Middle East You Should Bet On: Economist

    Civil unrest and conflict in Syria has spilt over into neighboring countries recently, but despite this the Middle East is very much a place for growth and a good place for investment opportunities according to Simon Williams, HSBC’s chief economist for the Middle East and North Africa.

  • Commodities Next Week: Oil Price Drop Friday, 19 Oct 2012 | 4:00 PM ET
    Commodities Next Week: Oil Price Drop

    CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.

  • Czech brocade becomes hit in western Africa Friday, 19 Oct 2012 | 9:55 AM ET

    BROUMOV, Czech Republic-- When the managers of a textile factory in northern Czech Republic declared they would focus sales on Africa, their bankers, insurers and suppliers shook their heads in disbelief.

  • Commodities Next Week: Gas Futures Fall Sharply Friday, 12 Oct 2012 | 4:00 PM ET
    Commodities Next Week: Gas Futures Fall Sharply

    CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil and gas are likely headed next week.

  • $165 mln pledge for fund backing Arab democracies Friday, 12 Oct 2012 | 6:44 AM ET

    The U.S. has pledged $50 million, Britain $25 million, Saudi Arabia $25 million and Japan and France $12 million each. The group also announced that Yemen was joining the Arab Spring countries participating in the Deauville Partnership, which also include Egypt, Tunisia, Jordan, Morocco and Libya.

  • The money came on the initiative of the " Deauville Partnership," which was formed after uprisings last year in Tunisia, Egypt and Libya ended decades-long dictatorships. The partnership includes the Group of Eight major nations as well as oil producers from the Middle East, including Saudi Arabia and Kuwait.

  • SINGAPORE, Oct 12- India's diesel exports for October are expected to increase by 20 to 30 percent from previous months as domestic demand remains poor due to the delayed monsoon season and a weak economy, industry sources said on Friday.

  • WASHINGTON, Oct 11- The "Shamoon" virus that attacked Saudi Arabia's state oil company, ARAMCO, was probably the most destructive attack the business s e ctor has seen to date, U.S. Defense Secretary Leon Panetta said on Thursday.