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Sunday, 25 September 2016

International stories to watch on 25 September 2016

INTERNATIONAL NEWS WATCH- Among the international stories you may want to check this morning:

  • Saudi Arabia has offered to cap oil production if Iran does the same this year, four sources tell Reuters, reviving talk of a production cut to prop-up prices ahead of an informal meeting of OPEC in Algiers on the sidelines of a conference taking place 26-28 September. OPEC’s next regularly scheduled meeting is on 30 November. Don’t hold your breath.
  • Twitter may be up for sale, with Google and Salesforce said to be among the bidders, CNBC reported this weekend.
  • Yahoo may have fallen victim to the world’s biggest hack— and embattled CEO Marissa Mayer has known about it since July, the FT reports.
  • Snapchat (the company) has renamed itself just “Snap” and is launching video-sharing sunglasses it’s calling Spectacles. They’re ugly. The kid who owns Snapchat is clearly too young to have experienced glassholes (watch, run time: 1:46).

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