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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.
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Israeli jets struck targets inside Syria on Sunday, reports NBC's Ayman Mohyeldin. 42 Syrian soldiers were killed in the Israeli airstrike.
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*Copper, gold down as London metals close for holiday. Copper settled lower in New York despite the metal rising the daily limit in Shanghai trade.
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PERTH, May 7- Grappling with soaring costs tied to constructing onshore gas plants, a growing number of energy firms are pledging tens of billions of dollars to build the world's biggest floating structures to exploit offshore gas fields.
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*Israel strikes Syria, says targeting Hezbollah arms. NEW YORK, May 6- Brent crude oil rose above $105 a barrel on Monday but trading was choppy and prices were pulled both ways by more signs of economic weakness and the perception of an increased risk to Middle East supply after Israeli air strikes on Syria.
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*Israel strikes Syria, says targeting Hezbollah arms. NEW YORK, May 6- Brent crude oil rose above $105 a barrel on Monday but trading was choppy and prices were pulled both ways by more signs of economic weakness and the perception of an increased risk to Middle East supply after Israeli air strikes on Syria.
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*Israel strikes Syria, says targeting Hezbollah arms. NEW YORK, May 6- Brent crude oil rose above $105 a barrel on Monday but trading was choppy and prices were pulled both ways by more signs of economic weakness and the perception of an increased risk to Middle East supply after Israeli air strikes on Syria.
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*Oil briefly pares Syria- related gains, demand a concern. The euro fell against the greenback after European Central Bank President Mario Draghi said the bank, which cut interest rates last week, is watching economic data and is ready to act again.
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*Oil pares Syria- related gains on demand concerns. Many analysts have expected a pullback in U.S. equities for weeks now, which Wall Street has largely avoided as traders use weakness as an opportunity to add to long positions.
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*Israel strikes Syria, says targeting Hezbollah arms. LONDON, May 6- Oil slipped from its highest in nearly a month above $105 a barrel on Monday as fresh signs of economic weakness countered perception of an increased threat to Middle East supply after Israeli air strikes on Syria.
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*Israel strikes Syria, says targeting Hezbollah arms. LONDON, May 6- Oil slipped from its highest in nearly a month above $105 a barrel on Monday as fresh signs of economic weakness countered perception of an increased threat to Middle East supply after Israeli air strikes on Syria.
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*Copper refiners gain, tracking strength in metal. MUMBAI, May 6- Indian shares rose on Monday to close near a three-month high hit on Thursday, led by gains in stocks beaten down earlier, such as Tata Consultancy Services. MSCI's broadest index of Asia-Pacific shares outside Japan.
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JERUSALEM, May 6- A senior Israeli official accused Google on Monday of setting back Middle East peace hopes by putting the name "Palestine" under the banner of its search page for the Palestinian territories.
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*Israel strikes Syria, says targeting Hezbollah arms. Israeli jets hit Syrian targets near Damascus on Sunday in an air raid that Western and Israeli officials called a new strike on Iranian missiles bound for Lebanon's Hezbollah. Iran denied the attack was on armaments for Lebanon and urged the region to unite against Israel.
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LONDON, May 6- Oil rose above $105 a barrel on Monday to its highest in nearly a month as an Israeli air strike on a Syrian military facility refocused attention on Middle East supply risks, although prices pared gains after weak European economic data.
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LONDON, May 6- Oil rose above $105 a barrel on Monday to its highest in nearly a month as an Israeli air strike on a Syrian military facility refocused attention on Middle East supply risks, although prices pared gains after weak European economic data.
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TEL AVIV, May 6- Zimbabwe will consult with the mining industry before imposing any new taxes on the sector to help fund elections set for July, the country's mines minister said on Monday.
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*Brent gains 9 percent since year-low of $96.75 a barrel* Asian shares rise following Wall St rally, U.S. data* Brent may drop to $104.30- technicals* Coming Up: Euro zone retail sales; 0900 GMT By Meeyoung Cho and Manash Goswami.
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LONDON, May 6- Euro zone shares were expected to open flat on Monday, consolidating close to a 22- month high in what was expected to be a quiet session due to a market holiday in Britain. ,Germany's DAX and France's CAC. Trading volume was expected to be thin with the British stock market, Europe's largest, shut due to a national holiday.
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*ANKARA- Prime Minister Tayyip Erdogan to chair cabinet meeting. *ANKARA- Energy Minister Taner Yildiz to hold a news conference. *ANKARA- First meeting in parliament of a commission working on a resolution of the conflict with Kurdish militants.
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*Israel strikes Syria; UN warns against escalation in tension. Israeli officials said their second raid in days was aimed at stopping Lebanon's Hezbollah, an ally of Iran, from acquiring weapons that could be used to strike Tel Aviv if Israel follows through on threats to attack Iranian nuclear facilities.