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A suicide bomber dressed as a student killed at least 48 people, most of them students, and injured 79 others at a school assembly in the northeastern Nigerian town of Potiskum on Monday, a hospital official said.

Global regulators on Monday proposed new rules to ensure that bank creditors rather than taxpayers pick up the bill when a big lender collapses.

Iran, the United States and the European Union began an unscheduled second day of talks on Monday over disagreements blocking the resolution of a confrontation over Tehran's nuclear programme, U.S. and Iranian officials said.