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  • Israel's Haaretz paper strikes over layoffs Wednesday, 3 Oct 2012 | 2:20 PM ET

    JERUSALEM-- Workers at Israel's respected Haaretz newspaper have begun a strike to protest layoffs. The workers said Wednesday that they would not update the Haaretz website until midnight and will not publish the next day's paper. Haaretz has a relatively small circulation, but it is an influential daily popular with Israel's elite.

  • Novelist Helprin spins a good yarn in life and art Wednesday, 3 Oct 2012 | 1:58 PM ET

    * "In Sunlight and In Shadow" focuses on old New York. NEW YORK, Oct 3- Listening to novelist and political commentator Mark Helprin recount his life is a bit like listening to Forrest Gump- an eloquent, New York- born Forrest Gump. It matches his previous novels in scope and length and carries on the author's fascination with old New York.

  • 3 Hezbollah members killed in weapons depot blast Wednesday, 3 Oct 2012 | 11:56 AM ET

    BEIRUT-- A Hezbollah weapons depot exploded in eastern Lebanon on Wednesday, killing three members of the Shiite militant group, according to a report on its TV station. The report on al-Manar said Hezbollah kept old ammunition and shells left over from battles with Israel in the building near the city of Baalbek.

  • UPDATE 7-Oil falls as economic data dims demand outlook Wednesday, 3 Oct 2012 | 11:26 AM ET

    *China, Europe services PMI disappoint. LONDON, Oct 3- Oil fell sharply on Wednesday as weak economic data from Europe and China dimmed the outlook for demand, adding to concerns arising from Europe's festering debt crisis. Brent November crude futures had fallen $3.27 to $108.30 a barrel by 1454 GMT.

  • KHASAB, Oman, Oct 3- The fibre-glass skiffs hurtle across the water at break-neck speed, skirting the rocky cliffs on the last leg of the perilous journey from Iran to the sleepy backwaters of Oman's Musandam peninsula.

  • 2 killed in blasts in eastern Lebanon Wednesday, 3 Oct 2012 | 9:48 AM ET

    BEIRUT-- At least three explosions ripped through a house in a Hezbollah stronghold in eastern Lebanon on Wednesday, killing two people and wounding two others, a senior Lebanese security official said. Soldiers and Hezbollah members cordoned off the area, blocking access to journalists.

  • UPDATE 6-Oil falls as economic data dims demand outlook Wednesday, 3 Oct 2012 | 9:21 AM ET

    *China, Europe services PMI disappoint. LONDON, Oct 3- Crude oil prices fell sharply on Wednesday as weak economic data from Europe and China dimmed the outlook for demand, adding to concerns arising from Europe's festering debt crisis. Brent November crude futures had fallen $2.11 to $109.46 a barrel by 1257 GMT.

  • Greece looks out to sea for gas wealth salvation Wednesday, 3 Oct 2012 | 8:13 AM ET

    LONDON/ MILAN, Oct 3- Offshore natural gas could dramatically change Greece's fortunes, should early estimates of $600 billion worth of reserves be confirmed, according to a study presented to Prime Minister Antonis Samaras in June and seen by Reuters.

  • UPDATE 5-Oil falls as economic data dims demand outlook Wednesday, 3 Oct 2012 | 7:30 AM ET

    *China, Europe services PMI disappoint. LONDON, Oct 3- Crude oil prices fell on Wednesday as weak economic data from Europe and China dimmed the outlook for demand, adding to concerns arising from Europe's festering debt crisis. Brent November crude futures had fallen 96 cents to $110.61 a barrel by 1054 GMT.

  • UPDATE 4-Oil falls as economic data dims demand outlook Wednesday, 3 Oct 2012 | 6:27 AM ET

    *China, Europe services PMI disappoint. LONDON, Oct 3- Crude oil prices fell on Wednesday, as weak data from Europe and China dimmed the outlook for demand, while Europe's festering debt crisis added to the gloom. Brent November crude futures had fallen 96 cents to $110.61 a barrel by 1000 GMT.

  • UPDATE 3-Oil falls as economic data dims demand outlook Wednesday, 3 Oct 2012 | 4:52 AM ET

    *China, Europe services PMI disappoint. LONDON, Oct 3- Crude oil prices fell on Wednesday, as weak data from Europe and China dimmed the outlook for demand, while Europe's festering debt crisis added to the gloom. Brent November crude futures had fallen 90 cents to $110.67 a barrel by 0830 GMT.

  • SINGAPORE, Oct 3- Brent crude futures slipped below $111 per barrel on Wednesday, hurt by persistent concerns over global growth and oil demand, while Europe's festering debt crisis added to uncertainty.

  • SINGAPORE, Oct 3- Brent crude futures slipped towards $111 per barrel on Wednesday, hurt by persistent concerns over global growth and oil demand, while Europe's festering debt crisis added to uncertainty.

  • Brent slips towards $111 as growth worries persist Tuesday, 2 Oct 2012 | 10:22 PM ET

    SINGAPORE, Oct 3- Brent crude futures slipped towards $111 per barrel on Wednesday, hurt by persistent concerns on global growth and oil demand, while Europe's festering debt crisis added to uncertainty.

  • Israeli electric car company CEO steps down Tuesday, 2 Oct 2012 | 1:13 PM ET

    JERUSALEM-- He has been the poster boy for Israel's powerhouse technology industry and a leading proponent of a great dream _ to end the world's addiction to oil. But on Tuesday, Shai Agassi stepped down as chief executive of Better Place, the Israel- based electric car company he founded with great fanfare five years ago.

  • Electric car venture Better Place removes CEO Agassi Tuesday, 2 Oct 2012 | 10:17 AM ET

    JERUSALEM, Oct 2- Electric car venture Better Place said it had replaced chief executive officer Shai Agassi with the CEO of its Australia unit, five years after Agassi founded the company. Agassi set up Better Place with the aim of using new technology to make electric cars more affordable and more convenient than gasoline-powered cars.

  • Better Place CEO Agassi replaced Tuesday, 2 Oct 2012 | 9:44 AM ET

    JERUSALEM-- Israeli electric car company Better Place is replacing its founder and chief executive, Shai Agassi. The chief executive of Better Place's Australian business, Even Thornley, will take over. Agassi, a former top executive at German software maker SAP, will remain on Better Place's board.

  • Israeli budget rifts could lead to early polls Tuesday, 2 Oct 2012 | 7:18 AM ET

    JERUSALEM-- Israel's prime minister held the prospect of early elections over the heads of his coalition partners Tuesday, opening a drive to get his budget approved, a campaign that could have foreign policy implications.

  • TEL AVIV, Oct 2- The Shimshon reservoir off Israel's southern Mediterranean coast has the potential for about 550 billion cubic feet of natural gas, Modiin Energy. ATP Oil& Gas Corp holds a 40 percent working interest in the well, Modiin Energy owns 10 percent and Isramco.

  • TEL AVIV, Oct 2- Shikun& Binui, Israel's leading construction group, won a contract worth $390 million from the government of Nigeria to pave and widen a highway in the Sagamu-Benin region. Shikun& Binui is controlled by the Arison Group, the investment arm of billionaire Shari Arison. Its shares were up 3.3 percent in morning trade in Tel Aviv.