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RBS Says Will Move to England in Case of Scottish Independence

Royal Bank of Scotland will move its registered offices to England if Scotland votes for independence from Britain in next week's referendum, the state-owned lender said on Thursday.

In the event of a "Yes" vote in the historic poll on September 18, "RBS believes it would be necessary to re-domicile the Bank's holding company and its primary rated operating entity to England", it said in a statement.

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Oil Prices Down after Obama Speech on Iraq Strategy

Oil prices fell in Asia Thursday after coming under pressure due to weak global demand and a supply glut even as U.S. President Barack Obama vowed to destroy jihadist militants in Syria and Iraq.

U.S. benchmark West Texas Intermediate for October delivery eased 14 cents to $91.53 while Brent crude for October fell four cents to $98.00 in afternoon trade.

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Coinbase Taking Bitcoin Wallet Platform to Europe

San Francisco-based Coinbase is taking its Bitcoin wallet to Europe with an aim of enticing more people there to use the digital currency.

Coinbase on Wednesday launched in 13 European countries, including France, Spain, Italy, Belgium and the Netherlands.

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Gulf States Not Worried by Oil Price Slide

A top Kuwaiti oil executive said the energy-rich Gulf states are not worried by the slide in oil prices after Brent crude slumped to a 17-month low Wednesday.

"We are not worried at the drop in oil prices; we expect it to rebound to its previous levels soon. We are optimistic," the acting oil undersecretary, Ali bin Sabt, told reporters on the sidelines of a Gulf meeting in Kuwait City.

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Ferrari Head Montezemolo Leaves Top Job

The president of the Italian Ferrari luxury sports car company, Luca Cordero di Montezemolo, is to leave his post on October 13, the Fiat auto group announced on Wednesday, just days after the executive said he wanted to stay.

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Venezuela's Inflation Soars to 63.4 Percent

Venezuela's inflation rate has soared to 63.4% -- the highest in Latin America -- the Central Bank announced Tuesday.

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Argentina to Build Latin America's Tallest Skyscraper

Argentina will build a soaring skyscraper set to be the tallest in Latin America, President Cristina Kirchner said Tuesday.

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Ghana Awaits Long-Delayed Gas Plant to Boost Economy

Can a long-delayed natural gas plant transform a nation's economy? Ghana's President John Dramani Mahama certainly hopes so, labelling a new facility even more important than the discovery of oil.

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International Panel Urges Regulated Markets for Narcotics

A high-level international panel called Tuesday for the decriminalization of drug use and the creation of legally regulated markets to wrest control of the narcotics trade from organized crime.

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No Barter Deal on Agenda as Russia, Iran Up Energy Ties

Tehran said Tuesday it would enhance energy cooperation with Russia but there would be no imminent oil-for-goods deal of the kind that has raised concerns in Washington.

"Iran and Russia have agreed to cooperate in the energy field," Ali Majedi, Iran's deputy oil minister, told the ISNA news agency.

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