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Egyptian military kills 27 militants in the Sinai

(Reuters) - Military air strikes killed 27 Islamic militants in Egypt's Northern Sinai on Friday in one of the biggest security operations in the region in months, security sources said. Apache helicopters targeted militants from the Sinai Province group, which pledges...

Oil rally holds, promising second weekly gain

(Reuters) - Brent crude oil traded almost $2 higher on Friday, on track for its second weekly increase, as fighting in Libya and stronger economic signals from the United States helped futures rebound from near-six-year lows. Prices remain roughly 50 percent below their peak...