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Iran fuel price hikes will be big test for Rouhani

Looming fuel price rises in  Iran  will be the first major test of President Hassan Rouhani's ability to retain public support in the face of attacks from his hardline rivals. Since he was elected in August, Rouhani has pleased many Iranians by reaching an interim...

Wall Street ends down on concerns about Russia

U.S. stocks fell on Wednesday, led by losses in materials and technology sectors, as geopolitical concerns rose after the U.S. and European Union agreed to work together on tougher sanctions on Russia. The Dow Jones industrial average .DJI was down 98.89 points, or 0.60 percent, to end...

Oil spill cleanup efforts continue off Texas Gulf shore

Four skimming boats surrounded a partially submerged barge on Sunday at the entrance to the Houston Ship Channel, working to clean up fuel spilled from the vessel into Galveston Bay after a Saturday collision with a cargo ship, according to a Reuters eyewitness. The Houston Ship...