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Business Middle East

  • *Baghdad, Iran and Turkey pressure Kurds not to secede. ZAKHO, Iraq, Oct 18- More than three weeks after Iraq's Kurds voted for independence, it's business as usual at the bustling Ibrahim Khalil border crossing with Turkey. Closure of the border would sever a lifeline for the region in northern Iraq and step up efforts by Turkey, Iran and the Iraqi government to...

  • Specialist trader Michael Pistillo Jr. wears a dow 23,000 hat, after the dow briefly traded above 23,000, at his post on the floor of the New York Stock Exchange in New York, October 17, 2017.

    The S&P 500 has not had a drawdown greater than 3 percent this year. Nothing at all seems to move the needle. Why is that?

  • BERLIN, Oct 18- Volkswagen's Spanish division Seat is no longer looking at the possibility of entering the Iranian car market, saying on Wednesday that it needed to concentrate instead on boosting growth in its core markets in Europe and other regions. Last week Trump refused to certify that Iran was complying with the international nuclear deal agreed in 2015...

  • *Baghdad, Iran and Turkey pressure Kurds not to secede. ZAKHO, Iraq, Oct 18- More than three weeks after Iraq's Kurds voted for independence, it's business as usual at the bustling Ibrahim Khalil border crossing with Turkey. Closure of the border would sever a lifeline for the region in northern Iraq and step up efforts by Turkey, Iran and the Iraqi government to...

  • *Iraq crisis, U.S.- Iran tensions trigger crude risk premium. AMSTERDAM, Oct 18- Oil prices rose on Wednesday as weekly U.S. crude inventories are expected to have fallen steeply and geopolitical tensions around oil-rich Iraq and Iran raised risk premiums. Oil market investors were also closely following developments in the Middle East, where tensions in...

  • ANKARA, Oct 18- Iran's Supreme Leader Ayatollah Ali Khamenei said on Wednesday that Tehran would not accept pressure from European countries over its regional policy and missile programme, state TV reported.

  • IRAN'S KHAMENEI SAYS TEHRAN WILL NOT WALK OUT OF NUCLEAR DEAL IF OTHER PARTIES STAY- TV.

  • MILAN, Oct 18- World stocks stayed near peaks and currencies moved in tight ranges on Wednesday as China's Communist Party conference opened and the focus in Europe turned to speeches from top euro zone central bankers before next week's key policy meeting. European shares steadies around four-month highs with a raft of company results in focus and euro zone...

  • *Baghdad, Iran and Turkey pressure Kurds not to secede. ZAKHO, Iraq, Oct 18- More than three weeks after Iraq's Kurds voted for independence, it's business as usual at the bustling Ibrahim Khalil border crossing with Turkey. Closure of the border would sever a lifeline for the region in northern Iraq and step up efforts by Turkey, Iran and the Iraqi government to...

  • *Iraq crisis, U.S.- Iran tensions trigger crude risk premium. SINGAPORE, Oct 18- Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies. Traders said that prices were pushed up by a drop in U.S. crude inventories as well as concerns that fighting in Iraq and mounting tensions...

  • *China's Xi pledges to pledge to build "modern socialist country". SYDNEY, Oct 18- Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as the opening of China's Communist Party conference produced more in the way of aspirational politics than concrete policies. China's blue-chip CSI300 index added 0.5 percent in reaction,...

  • Herman Wang, OPEC specialist at S&P Global Platts, speaks about oil investment in Iraq.

  • *Iraq crisis, U.S.- Iran tensions trigger crude risk premium. SINGAPORE, Oct 18- Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies. Traders said that prices were pushed up by a drop in U.S. crude inventories as well as concerns that fighting in Iraq and mounting tensions...

  • *China's Xi mentions importance of markets in long speech. SYDNEY, Oct 18- Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as investors waited to see what policies might emerge from China's Communist Party conference. On Tuesday, the United States again declined to name China as a currency manipulator although it...

  • *Iraq crisis, U.S.- Iran tensions trigger crude risk premium. SINGAPORE, Oct 18- Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies. Traders said that prices were pushed up by a drop in U.S. crude inventories as well as concerns that fighting in Iraq and mounting tensions...

  • **PRAGUE- Czech Central Bank board member Oldrich Dedek to attend a discussion titled "the tradition of Czech monetary policy".- 1500 GMT. THURSDAY, OCTOBER 19 WARSAW- National Bank of Poland release the minutes of its monitory policy meeting. SYDNEY- Reserve Bank of Australia Assistant Governor Michele Bullock will give speech at the Australian Shareholders...

  • Mohammed Bin Abdulrahman, minister of foreign affairs, Qatar, tells CNBC the U.S. has consistently called for dialogue to end a diplomatic standoff between Qatar and key Gulf countries including Saudi Arabia.

  • *Tunisia holidays unlikely to resume until next winter- MD. LONDON, Oct 18- Europe's largest tour operator TUI is putting on extra flights to make up for capacity lost after this month's collapse of Monarch, TUI's UK and Ireland boss said on Wednesday. At an event to announce TUI's rebranding of its UK operation to TUI UK from Thomson, the company's UK and Ireland...

  • The skyline of Doha, Qatar.

    Qatar's finance minister says the blockade of countries isolating Qatar are bullying and disrespectful.

  • OSLO, Oct 17- Norway's Saga Energy has signed a 2.5 billion-euro deal to build solar power plants in Iran, the company said on Tuesday, just days after U.S. Eventually, the plan is to build a plant in Iran to churn out solar panels, he added. On Friday, Trump announced that he would decertify the 2015 nuclear agreement reached under his predecessor, Barack Obama, leaving...