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Yahoo

World - Iran showcases new combat drone, copied from U.S. unmanned aircraft


Iran`s Revolutionary Guards unveiled a home-built drone that they said was capable of carrying bombs, state media reported on Saturday, in what appeared to be another copy of a reconnaissance U.S. drone that Iran captured five years ago. The drone, called Saegheh, or lightning, was unveiled at an expo showcasing the latest achievements by the Revolutionary Guards` aerospace arm. `This long-range drone is capable of hitting four targets with smart precision-guided bombs with high accuracy,` the head of the Revolutionary Guards` aerospace arm, Amir Ali Hajizadeh, was quoted as saying by state news agency IRNA.


Saturday, October 01, 2016  14:51

Yahoo

World - Dozens still held in Gabon over post-election violence


Some 70 people, including several opposition figures, were still in detention nearly a month after a wave of post-election violence erupted in Gabon, a judicial source said on Friday. Thirty-nine people have been charged for their alleged role in rioting and looting that broke out in Gabon after the disputed vote. Violence erupted on August 31 after President Ali Bongo was first declared the winner of the contested vote.


Friday, September 30, 2016  23:54

CNN

Top Stories - Horse racing`s answer to Alex Ferguson


The Irish trainer of Harzand, one of the runners in the prestigious Prix de l`Arc de Triomphe horse race, draws parallels between training horses and close friend Sir Alex Ferguson`s management of Manchester United.


Friday, September 30, 2016  10:06

CNN

Most Recent - Prix de l`Arc de Triomphe: Dermot Weld hopes for Alex Ferguson`s Midas touch


The Irish trainer of Harzand, one of the Prix de l`Arc de Triomphe runners, draws parallels with training horses and Sir Alex Ferguson`s management of Man Utd.


Thursday, September 29, 2016  17:09

Yahoo

Business - Iraq`s OPEC revolt shows Saudi-Iran oil deal fragility


By Rania El Gamal and Alex Lawler ALGIERS (Reuters) - For years, debates in the OPEC conference room were dominated by clashes between top producer Saudi Arabia and arch-rival Iran. Iraq overtook Iran as the group`s second-largest producer several years ago but kept its OPEC agenda fairly low-profile. What it did, however, pleased neither Saudi Arabia nor Iran.


Thursday, September 29, 2016  13:37

Yahoo

Business - OPEC reaches first deal to cut oil output since 2008: sources


By Rania El Gamal and Alex Lawler ALGIERS (Reuters) - OPEC agreed on Wednesday to cut its oil output for the first time since 2008, with the group`s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. Two sources in the Organization of the Petroleum Exporting Countries said the group would reduce output to 32.5 million barrels per day from current production of 33.24 million bpd. How much each country will produce is to be decided at the next formal meeting of OPEC in November, when an invitation to join cuts could also be extended to non-OPEC countries such as Russia, sources said.


Wednesday, September 28, 2016  20:57

Yahoo

Business - OPEC reaches first deal to cut oil output since 2008 - sources


By Rania El Gamal and Alex Lawler ALGIERS (Reuters) - OPEC agreed on Wednesday to cut its oil output for the first time since 2008, with the group`s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. Two sources in the Organization of the Petroleum Exporting Countries said the group would reduce output to 32.5 million barrels per day from current production of 33.24 million bpd. How much each country will produce is to be decided at the next formal meeting of OPEC in November, when an invitation to join cuts could also be extended to non-OPEC countries such as Russia, sources said.


Wednesday, September 28, 2016  20:03

Yahoo

World - Northern California wildfire forces hundreds to evacuate mountainous area


By Alex Dobuzinskis LOS ANGELES (Reuters) - Firefighters worked to control a wildfire on Tuesday in the Santa Cruz Mountains south of San Francisco Bay area that has forced hundreds of residents to evacuate, despite its relatively small size, officials said. The so-called Loma Fire broke out on Monday afternoon and has scorched more than 1,000 acres (405 hectares) about 10 miles (16 km) northwest of the town of Morgan Hill, fire officials said. Firefighters have built containment lines around 5 percent of the blaze.


Tuesday, September 27, 2016  18:45

Yahoo

Business - OPEC set for no deal on oil output as Saudis, Iran at loggerheads


By Rania El Gamal, Alex Lawler and Vladimir Soldatkin ALGIERS (Reuters) - Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as the group and non-member Russia were still trying to bridge differences between the kingdom and Tehran. Iranian Oil Minister Bijan Zanganeh said: `It is not the time for decision-making.` Referring to the next formal OPEC meeting in Vienna on Nov. 30, he added: `We will try to reach agreement for November.` The Organization of the Petroleum Exporting Countries will hold informal talks at 1400 GMT on Wednesday. Oil prices have more than halved from 2014 levels due to oversupply, prompting OPEC producers and rival Russia to seek a market rebalancing that would boost revenues from oil exports and help their crippled budgets.


Tuesday, September 27, 2016  17:35

Yahoo

Business - Saudis, Iran dash hopes for OPEC oil deal in Algeria


By Rania El Gamal, Alex Lawler and Vladimir Soldatkin ALGIERS (Reuters) - Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within the exporter group said the differences between the kingdom and Tehran remained too wide. `This is a consultative meeting ... We will consult with everyone else, we will hear the views, we will hear the secretariat of OPEC and also hear from consumers,` Saudi Energy Minister Khalid al-Falih told reporters. Iranian Oil Minister Bijan Zanganeh said: `It is not the time for decision-making.` Referring to the next formal OPEC meeting in Vienna on Nov. 30, he added: `We will try to reach agreement for November.` The Organization of the Petroleum Exporting Countries will hold informal talks at 1400 GMT on Wednesday.


Tuesday, September 27, 2016  11:20

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