An Air Canada flight had to circle Tel Aviv's airport for 10 minutes after air traffic control said the conditions needed to be confirmed as safe for landing.» Read More
A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. That helped the market overcome its latest dip, on July 17th, when a passenger jet was shot down in eastern Ukraine and Israel invaded the Gaza Strip, raising investor worries that conflicts around the world could escalate and destabilize financial markets.
LONDON, July 25- Oil fell below $107 a barrel on Friday as plentiful supply outweighed concerns over conflicts in the Middle East and Ukraine. Brent crude for September delivery traded 18 cents lower at $106.89 a barrel by 1400 GMT.
Arthur says the return flight to Toronto departed Tel Aviv about two hours later. The airline plans to operate this evening's flight to Tel Aviv. Flights by Air Canada and other airlines to Tel Aviv resumed Thursday after a suspension Tuesday following a Hamas rocket strike nearby.
GAZA, July 25- As the United States and regional powers strive for a ceasefire between Israel and Gaza militants, the impoverished enclave faces a daunting recovery, such is the scale of damage after almost three weeks of fighting.
*Euro dips, European shares subdued after downbeat German Ifo survey. LONDON, July 25- Signs that tensions between the West and Russia are starting to hurt confidence in Europe's dominant economy Germany left the euro near an eight-month low on Friday and lifted the region's government bonds.
*Economically hit Hamas wants Gaza blockade lifted. Secretary of State John Kerry pressed regional proxies to nail down a Gaza ceasefire on Friday as the civilian death toll soared, threatening to spread Israeli-Palestinian bloodshed to the occupied West Bank and Jerusalem.
BERLIN, July 25- German business sentiment fell to its lowest level in nine months in July in a sign that firms in Europe's largest economy are worried about the crises in Ukraine, Iraq and Gaza.
LONDON, July 25- Oil held steady around $107 a barrel on Friday, as plentiful supply countered any premium to the price caused by concern over conflict in the Middle East and Ukraine. Conflicts in Ukraine, Gaza and Iraq continued, but failed to push prices higher as global supplies remained ample.
BERLIN— Air France and Germany's two biggest airlines decided Friday to resume flights to Tel Aviv after canceling operations for several days over safety concerns. Air France said its first flight to Tel Aviv would leave Paris on Friday night. Germany's second-biggest carrier, Air Berlin, said that it would start flying midday Saturday.
*Israel sees 7- day halt while tunnel hunt continues. *Economically hit Hamas wants Gaza blockade lifted. Secretary of State John Kerry pressed regional proxies to nail down a Gaza ceasefire on Friday as the civilian death toll soared, threatening to spread Israeli-Palestinian bloodshed to the occupied West Bank and Jerusalem.
TOKYO, July 25- Asian shares pulled back from this week's three-year highs on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.
The price of oil slipped below $102 a barrel on Friday, falling for a second day after spiking on lower U.S. inventories and tensions in Ukraine and the Middle East. By early afternoon in Europe, benchmark U.S. crude for September delivery was down 38 cents to $101.69 in electronic trading on the New York Mercantile Exchange.
*Libya oil production rises to 500,000 barrels per day. SINGAPORE, July 25- Brent crude held steady above $107 a barrel on Friday, on track to end the week flat as plentiful supplies held down any run-up in prices from geopolitical tensions in oil producing regions.
*Libya oil production rises to 500,000 barrels per day. SINGAPORE, July 25- Brent crude held steady above $107 a barrel on Friday, on track to end the week flat as tensions in oil producing regions supported prices against weak demand and plentiful supplies.
TOKYO, July 25- Asian shares pulled away from this week's three-year highs on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.
*Index heavy Fanuc contributes 27 points, or more than a quarter of Nikkei gains. TOKYO, July 25- Japan's Nikkei share average rose on Friday after the S&P 500 set another record closing high and as index heavyweight Fanuc Corp jumped after reporting strong profits.
*Hamas sticks to demand embargo on enclave be lifted. *One killed in West Bank march is support of Gaza. United Nations Secretary-General Ban Ki- moon expressed horror at the Thursday attack on the school at Beit Hanoun in the northern Gaza strip.
TOKYO, July 25- An index of Asian shares pulled away from a three-year high on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.
SINGAPORE, July 25- Gold held near a five-week low on Friday and was headed for a second straight week of losses, as strong global economic data and higher equities offset the metal's appeal as a safe-haven.
NEW YORK, July 24- Investors in U.S.-based funds withdrew a net $7.6 billion from stock funds in the week ended July 23, marking their biggest outflows since early February, data from Thomson Reuters' Lipper service showed on Thursday.