President Obama and British Prime Minister David Cameron hold a press conference at the White House today where the two world leaders lay out an economic agenda for the G8 Summit; discuss the importance of a joint commitment for continued global security; and address the challenges facing economic global needs.» Read More
LONDON, May 17- Oil slipped on Friday, staying below $104 a barrel on concern about the strength of demand growth and as policymaker talk of the future removal of U.S. monetary stimulus boosted the dollar. Brent crude slipped 5 cents to $103.73 a barrel by 0825 GMT, and was on course to end the week little changed.
*U.N. says Syria conflict a humanitarian catastrophe. LONDON, May 17- Syria has managed to increase its grain imports in recent months after a period when it was less active on international markets, traders say, a development that suggests President Bashar al-Assad has found a way to feed his people despite war.
*Russia says Iran must take part in proposed Syria talks. SINGAPORE, May 17- Brent futures slipped on Friday, staying below $104 as bleak U.S. economic data revived worries about demand growth in the world's biggest oil consumer, while a stronger dollar also pressured prices. Brent slipped 5 cents to $103.73 a barrel by 0552 GMT.
SINGAPORE, May 17- U.S. crude futures slipped towards $95 a barrel on Friday as disappointing U.S. economic data revived worries over demand in the world's biggest oil consumer. U.S. oil had slipped 9 cents to $95.07 a barrel by 0014 GMT, after settling 86 cents higher.
Just six months after a heady re-election, President Obama's second-term dreams have collided with second-term reality: scandals and foreign setbacks. The NYT reports.
*Tokyo sarin attack provides hints for Syria investigation. *Western powers say evidence of use by Syria in mounting. In Syria, about two months have passed since the first allegations of sarin use arose on March 19, when rebels and government forces blamed each other for an attack in Aleppo province in which dozens are said to have been killed.
*Furloughs below previous Pentagon estimates. WASHINGTON, May 14- The Pentagon told its civilian workforce on Tuesday that it will put most of them on unpaid leave for one day a week starting in July, a deeply unpopular move that Defense Secretary Chuck Hagel blamed on sweeping budget cuts imposed by Congress.
Attorney General Eric Holder was likely to face a storm of questions on Tuesday over the Justice Department's controversial decision to seize telephone records of the Associated Press, a move denounced by critics as a gross intrusion into freedom of the press.
Defense Secretary Chuck Hagel will announce on Tuesday that most of the Defense Department's 800,000 civilian employees will be placed on unpaid leave for 11 days, as the military scrambles to comply with budget cutting targets by the end of September.
The retail sales figures added to recent data pointing to underlying strength in the world's biggest economy, boosting risk assets such as Asian shares, but investors remain nervous about oil demand from the United States and China amid slowing consumption in Europe.
SINGAPORE, May 14- Brent futures held steady near $103 a barrel on Tuesday, caught between hopes of a revival in demand growth after an unexpected jump in U.S. retail sales and concerns about rising stockpiles in the world's largest oil consumer.
SINGAPORE, May 14- Brent futures held steady near $103 a barrel on Tuesday, caught between hopes of a revival in demand growth after an unexpected jump in U.S. retail sales and concerns about a rise in stockpiles in the world's largest oil consumer.
President Obama and British Prime Minister David Cameron hold a press conference at the White House today where the two world leaders lay out an economic agenda for the G8 Summit; discuss the importance of a joint commitment for continued global security; and address the challenges facing economic global needs.
*Many Turks turn against government's Syria policy. REYHANLI, Turkey, May 13- Syrian refugees in Turkey say they fear a backlash after car bombings that killed 50 people and wounded many others over the weekend in a border town.
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.
SINGAPORE, May 13- U.S. crude futures slipped in early Asian trade on Monday on worries of a slowdown in demand growth as a slew of data from the world's top consumer the United States may point to slower growth early in the second quarter.
*Nagging doubts on China recovery. LONDON, May 10- Brent crude tumbled towards $102 a barrel on Friday as rising fuel supplies and a stronger dollar put oil under pressure. Brent was down $2.11 at $102.36 a barrel by 1356 GMT.
NEW YORK-- A Nobel Peace Prize-winning medical group says Syria's health system has been shattered during the more than two-year conflict and that their organization plans to nearly double their presence in the country.
*Nagging doubts on China recovery. LONDON, May 10- Brent crude oil tumbled below $103 a barrel on Friday as rising supplies and doubts over China's economy outweighed stronger signs of a U.S. recovery. Brent was down $1.80 at $102.67 a barrel by 1216 GMT.
*Nagging doubts on China recovery. LONDON, May 10- Brent crude oil slid below $104 a barrel on Friday as rising supplies and doubts over China's economy Friday outweighed stronger signs of a U.S. recovery. Brent was down 56 cents at $103.91 a barrel by 0938 GMT.