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UAE announces OPEC, OPEC+ exit in big blow to oil exporters group

DUBAI, April 29 -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran wa... Read More


UAE exits OPEC, OPEC+ in blow to oil exporters group

DUBAI, April 29 -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran wa... Read More


US President claims Iran is in a 'state of collapse'

DUBAI/WASHINGTON, April 29 -- Efforts to end the Iran conflict were at an impasse on Tuesday with US President Donald Trump unhappy at the latest plans from Tehran, which he said had informed the US i... Read More


Starmer avoids parliament probe over Mandelson

LONDON, April 29 -- Embattled UK Prime Minister Keir Starmer on Tuesday survived a bid by opposition politicians to subject him to a parliamentary probe over his controversial appointment of Peter Man... Read More


US President claims Iran is in a 'state of collapse'

DUBAI/WASHINGTON, April 29 -- Efforts to end the Iran conflict were at an impasse on Tuesday with US President Donald Trump unhappy at the latest plans from Tehran, which he said had informed the US i... Read More


Trump gala gunman to appear in court

WASHINGTON, April 28 -- The man accused of shooting a US Secret Service agent as he tried to breach security at a Washington dinner where President Donald Trump was present is expected in court on Mon... Read More


Thai touts $31bn 'land bridge' amid strait crisis

BANGKOK, April 28 -- The closure of the Strait of Hormuz has given Thailand impetus to advance a longstanding plan to create a logistics link between the Indian and Pacific oceans, with its government... Read More


Sun Pharma to buy Organon for $11.75 bn

India, April 28 -- Sun Pharmaceutical Industries will buy US drugmaker Organon & Co in an all-cash deal valued at about $11.75 billion including debt, for the largest overseas acquisition by an Indian... Read More


musk vs altman trial to reveal ongoing power struggle for a.i.

San Francisco/New York, April 28 -- The bitter legal fight between Elon Musk and the leading artificial intelligence firm, OpenAI, led by Sam Altman, may come down to a few pages in one executive's pe... Read More


Russian superyacht crosses blockaded Strait of Hormuz

Oslo, April 28 -- A superyacht linked to sanctioned Russian billionaire Alexey Mordashov sailed through the Strait of Hormuz on Saturday, shipping data showed, one of very few vessels to transit the b... Read More