Oil soars above $100 as Middle East fears grow
Oil prices surged past $100 a barrel on Thursday as Iran-backed Houthi rebels targeted Red Sea shipping and threats by US President Donald Trump to strike them in return sent equity markets slumping.
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Swelling jet fuel costs hit American Airlines outlook
American Airlines lowered its annual profit outlook Thursday, hitting shares while the carrier pointed to swelling jet fuel costs as a negative counterweight to healthy travel demand.
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Venezuelans turn to scrap collecting in quake-hit beach 'paradise'
In normal times, La Mar Suites is buzzing with tourists drawn to the crystal beaches, mangroves and wildlife of northern Venezuela.
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Carapaz climbs unopposed to Tour de France 18th stage win
Ecuador's Richard Carapaz emerged from a six-man group to climb to victory on the Alpine 18th stage of the Tour de France on Thursday.
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Heptathlon champion Johnson-Thompson joins list of Commonwealth Games absentees
Katarina Johnson-Thompson said Thursday she was "gutted" to have to withdraw from the England team for the Commonwealth Games in Glasgow due to an unspecified injury.
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Sooryavanshi hits maiden 50 as India thump Zimbabwe in T20
India wonderkid Vaibhav Sooryavanshi scored a maiden Twenty20 international half-century in a seven-wicket victory over Zimbabwe in Harare on Thursday.
Read moreUS 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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