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OPEC strives for deal to raise oil output as Iran resists

OPEC was struggling on Thursday to agree on raising oil output, with Saudi Arabia warning of shortages but Iran holding out against a deal at the group's meeting the following day amid the prospect of lower exports due to U.S. sanctions on Tehran.

Tech, healthcare to get bumped up in Russell index remake

Largecap technology and healthcare sectors are expected to see a bump in weighting when index provider FTSE Russell completes its annual refresh of its benchmarks on Friday, as investors brace for what is annually the largest stock trading day of the year.

Volkswagen Truck & Bus says no decision yet on listing

Proceeds of more than 6 billion euros ($6.9 bln) would flow to parent Volkswagen AG if it decides to list its truck and bus subsidiary, the division's chief executive told Manager Magazin as he set out the company's ambitions.


Trump directs U.S. agencies to reunite families at border; Melania visits region

WASHINGTON/MCALLEN, Texas U.S. President Donald Trump said on Thursday that he was directing federal agencies to begin reuniting children and parents separated at the U.S.-Mexico border after entering the country illegally, a first step to implementing his executive order reversing an administration policy that had drawn global condemnation. | Video