Israel's main stock index is up more than 10 percent this year. Yossi Beinart, Tel Aviv Stock Exchange CEO, discusses what sectors are powering the Tel Aviv index.» Read More
JERUSALEM, Oct 5- An American man opened fire in an Israeli seaside hotel packed with tourists on Friday after losing his job there, killing one person before being shot dead in a stand-off with security forces.
*May expand sanctions on Iran central bank transactions. *Aimed at pressuring Iran to rein in nuclear program. WASHINGTON, Oct 5- Key lawmakers in the U.S. Congress are looking at ways to expand economic sanctions on Iran, measures that have helped pushed the country's currency into free fall but have not yet pressured Tehran to abandon its nuclear program.
*Turkey- Syria conflict stokes supply fears. SINGAPORE, Oct 5- Brent futures slipped towards $112 per barrel on Friday, but is on course to end a choppy week nearly flat as rising tensions in the Middle East battled with perennial worries about the global economy and oil demand.
The Food and Drug Administration on Wednesday asked Teva Pharmaceuticals to withdraw its drug Budeprion XL 300 after testing showed the drug did not properly release its key ingredient.
*Unrest in Turkey- Syria raises regional security worries. LONDON, Oct 4- Brent crude oil rose almost $2 per barrel on Thursday after skirmishes along the Turkey- Syria border raised fresh concerns over the security of Middle Eastern oil supplies.
ACRE, Israel-- Orthodox Jewish Israelis, the driving force of the West Bank settlement movement, have begun to turn their attention inward to Israel itself, moving into Arab areas of mixed cities in an attempt to cement the Jewish presence there.
*Unrest in Turkey- Syria raises regional security worries. LONDON, Oct 4- Brent crude oil rose above $109 per barrel on Thursday as escalating tensions between Syria and Turkey raised more concerns over the security of oil supplies from the Middle East.
TEL AVIV, Oct 4- Workers at Haaretz, a leading liberal Israeli newspaper, held a one-day strike to protest plans for layoffs and for the first time in nearly 30 years the daily was not distributed on Thursday.
BRUSSELS, Oct 4- The European Union is poised to ban imports of Iranian gas into Europe as part of its efforts to ratchet up pressure on the Islamic Republic over its nuclear programme, diplomats said on Thursday.
SYDNEY, Oct 4- The U.N. atomic agency has yet to agree a date for further talks with Iran and has little hope for a speedy resolution to a standoff with Tehran over its nuclear programme, the head of the nuclear watchdog said on Thursday.
*Russia may be irritated with calls for new sanctions-envoys* Israel has threatened military action against Iran By Louis Charbonneau.
Friends Fiduciary Corp., a Philadelphia nonprofit, sold its shares in Caterpillar Inc., Hewlett-Packard Co. and Veolia Environment after a review was requested by the Ann Arbor Friends Meeting.
The Food and Drug Administration said Wednesday it asked Teva to withdraw Budeprion XL 300 after new testing showed the drug releases its key ingredient faster than the original drug Wellbutrin XL 300, made by GlaxoSmithKline. The action contradicts the FDA's previous update on the issue in 2008, when regulators said the drugs are essentially the same.
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.
* "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.
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.
*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.
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.
*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.