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Mood sours among Saudi businessmen as oil slides

RIYADH/KHOBAR, Saudi Arabia, Aug 23 (Reuters) - Saudi Arabian entrepreneur Essam al-Zamel has overcome many obstacles to found a string of technology companies in the past decade, but he thinks sliding oil prices will be hard to handle.

Protesters re-open road access to Iraq's Umm Qasr port after new jobs promised

BASRA, Iraq, Aug 23 (Reuters) - Road access to Iraq's southern Umm Qasr commodities port was restored on Sunday following a two-day closure by protesters after the authorities promised to create new jobs, a port company spokesman and port workers said.

UPDATE 1-In thaw of Iran ties, Britain reopens ransacked embassy in Tehran

* First visit by British Foreign Secretary since 2003 (Adds official reopening, Foreign Secretary quote)

S.Korean officials visit Iran to seek post-sanction deals

SEOUL, Aug 23 (Reuters) - South Korean government and corporate officials are visiting Iran this week to hunt out possible deals in the oil, gas and construction industries since an agreement was reached to lift sanctions on Tehran.

In thaw of Iran ties, Britain's Hammond to reopen ransacked embassy in Tehran

KUWAIT, Aug 23 (Reuters) - In a signal of the most striking thaw in the Western ties with Iran for over a decade, Foreign Secretary Philip Hammond will reopen the British embassy in Tehran nearly four years since protesters ransacked the elegant ambassadorial residence and burned the Union Jack.

UPDATE 2-Explosion at chemical plant in eastern China, 9 injured - state media

SHANGHAI, Aug 22 (Reuters) - An explosion hit a chemical plant on Saturday night in eastern China, the official Xinhua state news agency said, citing local authorities.

Explosion at chemical plant in east China, casualties unknown - Xinhua

SHANGHAI, Aug 22 (Reuters) - An explosion hit a chemical plant on Saturday night in eastern China, the official Xinhua state news agency said, citing local authorities.

UPDATE 1-China's traffic police on alert after chemical blasts - Xinhua

* Some receive compensation for destroyed properties (Adds updated death toll, compensation details)

REFILE--China's traffic police on alert after chemical blasts - Xinhua

SHANGHAI, Aug 22 (Reuters) - Chinese traffic police are on high alert nationwide for dangerous chemicals, ten days after a warehouse exploded in northeastern China killing at least 116 people, state media said on Saturday.

UPDATE 1-Colombia slashes gold holdings by two-thirds amid July rout

NEW YORK, Aug 21 (Reuters) - Colombia slashed its gold holdings by two-thirds last month, adjusting its reserves for the first time in years, as spot prices sank in a bullion rout, International Monetary Fund data showed on Friday.

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