Before fighting in Gaza can end, Hamas may need to address a problem—its payroll.» Read More
SINGAPORE, July 21- U.S. crude fell in early Asian trade on Monday after last week's gains, but oil's risk premium on oil is likely remain intact amid geopolitical risks in Gaza and Ukraine.
SYDNEY, July 21- Asian stock markets inched higher on Monday as investors set aside geopolitical concerns to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.13 percent, while South Korea put on 0.4 percent.
LONDON, July 17- A Malaysian airliner was brought down over eastern Ukraine on Thursday, killing all 295 people aboard and sharply raising the stakes in a conflict between Kiev and pro- Moscow rebels in which Russia and the West back opposing sides.
*Gaza death toll hits 216 after more air strikes. GAZA/ JERUSALEM, July 16- Israeli shelling killed four Palestinian boys on a Gaza beach on Wednesday, an incident the military called tragic, and Israel and Hamas said they would cease attacks for five hours on Thursday for a humanitarian truce requested by the United Nations.
Rejected Fox bid for Time Warner shows growth mood. NEW YORK— In a move that aims to counter consolidation among TV distributors, Rupert Murdoch's Fox has made an unsolicited takeover offer for rival media giant Time Warner for about $76 billion in cash and stock.
GAZA/ JERUSALEM, July 16- Israeli shelling killed four boys on a Gaza beach on Wednesday, a local health official said, and Palestinian militants fired a further 70 rockets into Israel after a failed Egyptian attempt to halt more than a week of warfare.
*Experts see Israel mounting tunnel-hunting missions. GAZA/ JERUSALEM, July 16- Israel urged the evacuation on Wednesday of several Gaza Strip areas where more than 100,000 people live, threatening ground operations after briefly holding fire under an Egyptian truce proposal that failed to stop Palestinian rocket salvoes.
DUBAI, United Arab Emirates— The super-sized malls that dot Dubai and other Gulf Arab cities are stuffed with foreign restaurants, from Burger King and Subway to suburban sit-down staples like IHOP and Red Lobster. A United Arab Emirates- based chain called Just Falafel opened its first branches in the United States and Canada last month.
GAZA/ JERUSALEM, July 16- Israel resumed its air strikes in the Gaza Strip on Wednesday a day after holding its fire in deference to an Egyptian-proposed cease-fire deal that failed to get Hamas militants to halt rocket attacks.
*United States condemns Hamas for rocket fire. GAZA/ JERUSALEM, July 16- Israel resumed its air strikes in the Gaza Strip on Wednesday a day after holding its fire in deference to an Egyptian-proposed cease-fire deal that failed to get Hamas militants to halt rocket attacks.
*Gold inches up after biggest daily drop since Dec. LONDON, July 15- Gold steadied on Tuesday, but traded near its lowest in almost four weeks as investors monitored the Federal Reserve chief's testimony to the U.S. Congress for more clues on the timing of an interest rate increase.
GAZA/ JERUSALEM, July 15- Israel resumed air strikes in the Gaza Strip on Tuesday, six hours after agreeing to an Egyptian-proposed truce that failed to halt Hamas rocket attacks. "Hamas has fired 47 rockets since we suspended our strikes in Gaza.
*Espirito Santo shares hit record new low. LONDON, July 15- European stocks and the euro fell on Tuesday after shares in Portugal's biggest listed bank hit a record low, while a plunge in German economic sentiment pushed up borrowing costs for some peripheral euro zone countries.
*Hamas leader in Cairo says group undecided over truce. GAZA/ JERUSALEM, July 15- Hamas militants fired volleys of rockets from the Gaza Strip on Tuesday, drawing a threat by Israel to abandon an Egyptian-proposed truce it had unilaterally accepted.
*Gold edges up after biggest daily drop since Dec. LONDON, July 15- Gold rose on Tuesday as European equities moved lower, but was still trading near its lowest level in almost four weeks ahead of the Federal Reserve's Chair testimony to U.S. Congress that should give more clues about the timing of an interest rate hike.
*Hamas leader in Cairo says group undecided over truce. GAZA/ JERUSALEM, July 15- Palestinian militants fired rockets at Israel on Tuesday after it agreed to an Egyptian proposal to end the week-old Gaza conflict, and a Hamas leader said the Islamist group was still undecided on whether to accept the ceasefire.
The pan-European FTSEurofirst 300 share index rose 0.1 percent, with benchmark indexes in Frankfurt, Paris and London trading flat to 0.3 percent higher, held back by a weaker technology sector as Germany's Software AG fell 15 percent after cutting forecasts.
SEOUL, July 15- U.S. crude futures edged up to over $101 a barrel on Tuesday as intensifying conflicts in Libya and Iraq rekindled concerns of supply disruption from the two OPEC members and projections that last week's U.S. crude inventory fell.
Naguib Sawiris, chairman of Orascom Telecom and Media, says that he's "very optimistic" about investing in Egypt.
The Middle East is in a "big mess" at the moment says Naguib Sawiris, chairman of Orascom Telecom and Media, criticizing U.S. strategy in the region.