Russia Sanctions Turkey; Friday Really Was Black: Saturday Wrap

  • Oil giants pitch Iran for $30 billion in post-sanctions work
  • Neiman Marcus plagued by second day of website outages

Here are highlights of the top news stories from around the world on Saturday:

Vladimir Putin took some expected next steps toward economic sanctions on Turkey over its downing of a Russian warplane along the Syrian border, restricting travel and hiring. The Kremlin said it will block imports of some goods from Turkey. Which ones will be decided later.

Early indications are that brick-and-mortar retail sales in the U.S. for the all-important holiday season will be somewhere between slow and awful, offset by early increases of about 20 percent in online sales. One retailer left out of the online haul so far: Neiman Marcus. Its website stayed crashed for a second day on Saturday.

Total SA, Royal Dutch Shell Plc and Lukoil PJSC are among international companies vying for a piece of $30 billion in energy projects that Iran plans to offer up to investors once sanctions end.

Copper smelters in China, the world’s biggest producer of the refined metal, are weighing cuts in production next year as they respond to prices that have tumbled to six-year lows.

Republican strategist Karl Rove, who has stayed out of the presidential race so far, helped set up a meeting between Steve Wynn -- an old rival of Donald Trump’s in the casino business -- and fundraisers for Trump’s closest challenger, Ben Carson.

Speaking of Trump, he apologized -- almost -- at a Florida rally for seeming to mock a physically disabled New York Times reporter. Otherwise, it was The Donald on full display.

A U.K. government minister who was a pivotal figure in Prime Minister David Cameron’s general election victory in May resigned after a series of revelations about the way he dealt with allegations of bullying made by a young Conservative Party activist who apparently killed himself.

French authorities stepped up already extraordinary security for the global climate talks starting in Paris on Monday. They ordered stores to stop selling gas cylinders, domestic solvents and firecrackers; and closed most major roads around the capital.

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