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(MENAFN - AFP) Oil prices dipped Monday as traders eyed talks between Iran and global powers that could ease international sanctions on one of the world's leading oil producers.

US benchmark West Texas Intermediate for May delivery shed 19 cents to $48.68 a barrel on the New York Mercantile Exchange.

European benchmark Brent oil for May delivery fell 12 cents to $56.29 ...

 
(MENAFN - AFP) A Spanish hospital said Monday it has successfully carried out the world's most complex face transplant, reconstructing the lower face, neck, mouth, tongue and back of the throat of a man terribly disfigured by disease.

A team of 45 physicians, nurses, anaesthesiologists and other health professionals carried out the 27-hour operation in early February at Barcelona's ...

 
(MENAFN - AFP) Children of richer, better-educated parents have bigger brains and more cognitive skills than their less-fortunate peers, but social help and teaching can help to overcome the differences, a study published on Monday said.

The distinctions were most profound in regions of the brain supporting language and reading, executive functions like memory and decision-making, ...

 
(MENAFN - AFP) Swiss Bank BSI will pay a $211 million penalty after acknowledging it helped clients create sham identities to evade US taxes, the Justice Department announced Monday.

BSI employed myriad schemes to facilitate tax evasion, such as creating false-front corporations and trusts to hide money.

BSI had more than 3,000 active accounts secretly tied to US taxpayers ...

 
(MENAFN - AFP) Wall Street stocks surged Monday on a string of pharmaceutical deals and speculation of more monetary stimulus in China.

The Dow Jones Industrial Average rose 263.65 points (1.49 percent) to 17,976.31.

The broad-based S&P 500 jumped 25.22 (1.22 percent) to 2,086.24, while the tech-rich Nasdaq Composite Index gained 56.22 (1.15 percent) to 4,947.44.

US ...

 
(MENAFN - AFP) Thai authorities Monday said they would use special powers under junta rule to "urgently" improve airline safety as several carriers face bans on new international flights following concerns raised by a UN aviation agency.

The International Civil Aviation Organization (ICAO), a United Nations body, recently reported "significant safety concerns" to Thailand's ...

 
(MENAFN - AFP) US online giant Amazon said Monday it was launching a services marketplace offering to connect consumers with businesses offering anything from home improvement to piano lessons.

Amazon Home Services, which is being launched in major cities across the United States, includes businesses in diverse areas such as gardening, computer repair, and math or yoga instruction.

The ...

 
(MENAFN - AFP) Global oil prices sank Monday as traders mulled a potential deal over key oil producer Iran's controversial nuclear energy programme that could worsen the global supply glut, analysts said.

Foreign ministers of Iran and major world powers meeting in the Swiss city of Lausanne raced to beat a midnight Tuesday deadline to nail down a framework deal they hope ...

 
(MENAFN - AFP) Inflation in Germany, Europe's biggest economy, crept higher in March, driven by rebounding energy prices, preliminary data showed on Monday.

The national consumer price index (CPI) rose by 0.3 percent year-on-year in March, up from 0.1 percent in February, the federal statistics office Destatis said in a statement.

But the Harmonised Index of Consumer ...

 
(MENAFN - AFP) An American healthcare worker who contracted the dangerous Ebola virus while working in Sierra Leone has improved and is now listed in fair condition, hospital officials said Monday.

The man, whose identity has not been revealed, "has improved from serious to fair condition," said a statement from the National Institutes of Health Clinical Center.

The ...

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