US vows to punish Iran after Houthis strike tankers
Iran and the United States vowed on Thursday to step up attacks, after Tehran's Houthi allies struck Saudi shipping and sent oil prices soaring.
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Nigeria's Dangote raises $2.5bn to expand Africa's largest refinery
Nigeria's Dangote mega-refinery Thursday said it has secured $2.5 billion in investment from private investors to fund its expansion plans, as it widens its refining business to east Africa.
Read moreTrump says Saudi nuclear deal contingent on recognising Israel
US President Donald Trump said on Thursday that a deal with Saudi Arabia to establish a civilian nuclear programme would be contingent on the kingdom's recognition of Israel, a move long sought by Washington but resisted by Riyadh.
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ECB opens door to September rate-hike as Iran war flares up
The European Central Bank on Thursday kept its key deposit rate unchanged at 2.25 percent but opened the door to a rise in September as fresh fighting in the Middle East threatens to send prices higher.
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Oil soars to $100 on fresh Mideast attacks
Oil prices surged to $100 a barrel on Thursday as Tehran-backed Houthi rebels targeted Red Sea shipping and US President Donald Trump threatened to strike them in return.
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World Bank estimates Venezuela quakes caused $19.6 bn in damage
Twin earthquakes that devastated Venezuela last month caused at least $19.6 billion in direct physical damage, the World Bank said in an estimate Thursday, stressing the need for a rapid increase in public reconstruction funding to avoid lasting economic effects.
Read moreFrance evacuates 20,000 as fire rages in pine forest
Flames roared through crackling pine trees on Thursday as a wildfire gained ground on the coast of southwestern France, forcing more than 20,000 tourists and residents to flee to safety.
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Coal-fired power generation rising globally on Mideast war: IEA
Coal-fired power generation is set to increase in 2026, driven by supply difficulties and soaring natural gas prices linked to the war in the Middle East, the International Energy Agency said Thursday.
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Italy's far-right line up to defend jeweller who killed robbers
A jeweller convicted for killing armed robbers after they left his shop has far-right deputies in Italy falling over themselves to defend him ahead of next year's general election.
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Premier League champions Arsenal sign Greece winger Tzolis from Brugge
Arsenal have signed Greece winger Christos Tzolis on "a long-term contract", the Premier League champions announced on Thursday.
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