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Oil falls 1 percent on Iran talks, U.S. jobs data
Apr 9th, 2012
NEW YORK (Reuters) - Oil prices fell more than 1 percent on Monday as revived talks on Iran's nuclear program eased fears of supply disruption and as data showing slower U.S. jobs growth in March sparked concern about demand for fuel. Negotiations between Iran and world powers over Tehran's disputed nuclear program will be held on April 14 in Istanbul. The resumption of talks that collapsed more than a year ago tempered worries about an immediate cut in supply or conflict. After being shut on Friday, oil markets and Wall Street reacted to a U.S. ... (Source: Reuters) -
LOS ANGELES (AP) - "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations. (Source: Associated Press)... [Full Article]
MUMBAI (Reuters) - Standard & Poor's expects India to grow around 6 percent in the current fiscal year ending March 2014, said credit analyst Takahira Ogawa. The rating agency also does not expects any significant improvement in structural reforms in India, Ogawa said in a teleconference, after reiterating in a release the negative outlook... [Full Article]
The eight candidates approved Tuesday for Iran's June 14 presidential election to replace Mahmoud Ahmadinejad, who cannot run again because of term limits. (Source: Associated Press)... [Full Article]
By Dominic Evans BEIRUT (Reuters) - Syria's opposition and the government of President Bashar al-Assad seem to be preparing to take part in an international peace conference against a background of some of the worst fighting this year. On Tuesday, Lebanese Hezbollah fighters and Syrian soldiers, backed by air strikes and artillery, renewed an ... [Full Article]
ATHENS, Greece (AP) - Greece's deep, six-year recession is likely to end in 2014, but unemployment will remain above 20 percent for another three years, the European Commission said Friday in a report. (Source: Associated Press)... [Full Article]
NEW YORK (Reuters) - U.S. stocks hit session highs in morning trading on Friday after a gauge of future U.S. economic activity rose to its highest level in nearly five years. The Dow Jones industrial average rose 64.81 points or 0.43 percent, to 15,298.03, the S&P 500 gained 9.33 points or 0.57 percent, to 1,659.8 and the Nasdaq Composite added... [Full Article]