As American defense companies prepare to feel the ill effects of the sequester on their bottom lines, the companies are increasingly looking to court new customers abroad.» Read More
PARIS, May 19- France is in talks with the United States and Israel to buy intelligence-gathering drones to build up a modern fleet, Defence Minister Jean-Yves Le Drian said on Sunday. There are currently two countries in the world that build drones, the United States and Israel, " Le Drian said on TV channel iTele.
WASHINGTON, May 17- A U.S. House of Representatives panel on Friday opens the first in a series of investigative hearings in Congress on the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny, as the political storm over the scandal shifts to Capitol Hill.
VADUZ, May 16- Liechtenstein is reluctantly prepared to discuss exchanging data on bank clients in response to a new European Union push for more transparency from the secretive principality and other tax havens, its prime minister said.
*Cyprus gas could provide 40 pct of new EU needs. BRUSSELS/ NICOSIA, May 16- Cyprus could use its reserves of gas to meet up to 40 percent of Europe's additional gas needs over the next decade, helping to curb the European Union's reliance on Russia, the head of the island's national gas firm said.
*Unions oppose private piers at Ashdod, Haifa. *Israel's smallest port privatised in February. TEL AVIV, May 16- Israel is betting its economic future on high-tech exports but faces a low-tech bottleneck in state-owned seaports subject to work stoppages and slowdowns because of the enormous strength of their unions.
In testimony to parliament on the F-35, for which Australia is one of the largest international buyers with plans for up to 100, Australia's air force chief Air Marshal Geoff Brown said rivals were years behind the Lightning II's development.
As American defense companies prepare to feel the ill effects of the sequester on their bottom lines, the companies are increasingly looking to court new customers abroad.
The complaint comes from the tiny African state of Comoros, a member of the court, though Israel is not. Prosecutor Fatou Bensouda said she met Tuesday with lawyers from a Turkish law firm that is representing Comoros. The Mavi Marmari was registered in Comoros, an archipelago off the African coast near Madagascar with a population of around 800,000..
DUBLIN, May 15- Ryanair aims to grow much faster than previously indicated over the next five years in a bid to exploit the weakness of mid-tier European rivals struggling with recession, the firm's chief operating officer has told Reuters.
NEW YORK-- SodaStream shares jumped to their highest price since the summer of 2011 Tuesday, boosted by investor optimism coming out of the company's investor meeting. THE SPARK: SodaStream International Ltd. told investors Monday that it hopes that its annual revenue will reach the $1 billion mark by fiscal 2016..
BUDAPEST, May 14- When Hungarian radical right-wingers rallied against a Jewish conference in Budapest in early May, a well-known Protestant pastor hid behind the stage while his wife stepped up to the podium to denounce Jews and Israel.
MINNEAPOLIS-- Stratasys, which makes three-dimensional printers used to produce models and prototypes, on Monday posted a loss in its first quarter, pulled down mostly by costs related to its acquisition of Israeli rival Objet. Stratasys bought Objet in an all-stock deal in December.
TEL AVIV, May 13- The Bank of Israel took financial markets by surprise on Monday with a rare inter-meeting interest rate cut to halt the shekel's rally. "It seems as if the Bank of Israel wants to achieve the effect of a surprise to maximise the influence on the currency market," said Ori Greenfeld, head of macroeconomic research at the Psagot brokerage.
Two contestants are from civil war-ravaged Syria, including a singer-composer whose bus was ambushed by gunmen en route to her audition and a music student who brought judges to tears with a song lamenting the devastation of his hometown of Aleppo.
*Exploring phosphate mining sites outside of Israel. Net profit in the quarter rose six percent to $305 million from $289 million a year earlier and revenue grew nine percent to $1.64 billion.
JERUSALEM, May 10- He was once celebrated for his vast fortune and daring deals, but when Israeli tycoon Nochi Dankner was about to catch a break from the bank on his massive debts, public outrage kicked in.
*The benchmark U.S. crude oil contract, for June, dropped 41 cents to $95.98 a barrel by 0101 GMT, after settling down 23 cents at $96.39. It ended 13 cents higher at $104.47 per barrel on Thursday, up more than $1 from a session low of $103.45.
TEL AVIV, May 9- Facebook Inc is in advanced talks to acquire Israeli mobile satellite navigation start-up Waze for $800 million to $1 billion, business daily Calcalist reported on Thursday.
The Israel- based company, which has submitted a bid with two partners to build a semiconductor plant in India, also said on Thursday it had been advised a decision would be made by the government in the next few weeks.
*Sees Q2 revenue $220- $230 mln, adj EPS $0.58- $0.64. JERUSALEM, May 8- Israel- based software provider Nice Systems expects an increase in demand for its video analysis systems in the wake of the Boston Marathon bombing, where suspects were tracked down from security camera footage.