Standard & Poors' cut Egypt's long-term credit rating on Monday and said another downgrade was possible if deepening political turbulence undermines efforts to prop up the economy and public finances. Egypt's popular uprising two years

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Prime Minister Benjamin Netanyahu said Monday he aims to repatriate tens of thousands of African illegal migrants and that the inflow into Israel from the Sinai peninsula has been brought to a halt. "Our aim

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Pirates attacked an Italian ship off Nigeria and kidnapped four sailors, including three Italians, in the latest such incident off the country's oil-producing southern coast, officials said Monday. While a spokeswoman for Italy's foreign ministry

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The commander of an elite US Navy SEAL unit has died in Afghanistan, the Defense Department said on Sunday, and a US military official said his death was being investigated as a suspected suicide. Commander

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Indian authorities throttled movement in the heart of the capital on Monday, shutting roads and railway stations in a bid to restore law and order after police fought pitched battles with protesters enraged by the

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Basis bids for hard red winter wheat in the US Plains were unchanged in quiet dealings ahead of the Christmas holiday. Many merchants were closing early on Monday and were to be closed on Tuesday

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Tanzania is seeking nearly 300,000 tonnes of oil products for February, about 10 percent less than it bought for January, industry sources said on Monday. The Petroleum Importation Coordinator, which represents oil marketing companies in

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Indian soyaoil futures eased on Monday due to weak demand and on an expected rise in edible oil imports after Malaysia, the world's No 2 palm oil producer, fixed its crude palm oil export tax

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Indian sugar futures fell on Monday on sluggish demand due to winter season and on rising supplies due to ongoing cane crushing. As of 0927 GMT, the January sugar contract on India's National Commodity and

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European wheat futures rose slightly on Monday in thin trade, extending a partial recovery on Friday after hitting a five-month low last week in a sell-off before the end of the year, traders said. On

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