Organisation of Petroleum Exporting Countries (Opec) member Kuwait has said there was no need to call an emergency meeting for the producers' group to discuss sliding oil prices after crude hit a 17-month low.
“We do not
Iranian Foreign Minister Mohammad Javad Zarif said Tehran hoped to reach a "positive result" in talks with world powers on its nuclear programme ahead of a November deadline, thanks in part to support from Russia.
Iran denied a report that it is ready to help counter Islamic State insurgents in return for progress in negotiations with world powers over its nuclear programme.
France, one of the six nations in nuclear talks with Tehran, said
Iran is ready to do something to help tackle Islamic State insurgents in Iraq but first wants progress in negotiations with world powers over its nuclear programme, Foreign Minister Javad Zarif was quoted as saying by Iranian media.
Turkish state-run Ziraat Bank scrapped talks to acquire Bank Asya on Thursday, deepening concerns over the Islamic lender's future and making it more likely it will be seized by the state.
Bank Asya's profits and capital b
Major Saudi Arabian food producer Savola Group said on Tuesday it had conducted preliminary talks with one of the largest shareholders in Kuwait Food Co (Americana) on a potential purchase of that shareholder's stake.
US and Iranian officials had a "constructive discussion" about Iran's nuclear programme in Geneva on Thursday, the US State Department said without providing details.
US Deputy Secretary of State Bill Burns and Iranian Dep
No deal has been reached in Egyptian-mediated talks over Gaza an hour before a 72-hour ceasefire is due to expire and Palestinian factions could reject an extension of the truce under the current terms, a Palestinian source in Cairo said on Frid
Iran and six powers agreed to continue talking for four more months after failing to meet a July 20 deadline to reach a deal on curbing the Iranian nuclear programme in exchange for ending sanctions, enabling Tehran to access $2.8 billion of fro
Iran and six world powers are working to finalise the terms of a likely extension in negotiations over Tehran's nuclear programme beyond a July 20 deadline and an announcement may come as early as Friday, Western diplomats said.