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.» Read More
LAUNCESTON, Australia, Dec 17- Energy over metals, raw over refined, sums up the likely theme for China's commodity demand next year. Commodity markets had become accustomed to China as a voracious consumer of resources, but 2012 showed that growth rates can slow, a trend likely to continue next year, but it won't be evenly spread.
SAN FRANCISCO, Dec 16- The world's major Internet companies, backed by U.S. policymakers, got much of what they wanted last week when many nations refused to sign a global telecommunications treaty that opponents feared could lead to greater government control over online content and communications.
But the acrimonious debate over the treaty- and refusal of so many countries, including the United States and much of Europe, to sign up immediately- have exposed a deep split in the international community.
LONDON, Dec 14- Crude oil rose toward $109 a barrel on Friday on a brighter outlook for the economy in China, the world's second-largest oil consumer, but worries about the impact of a possible U.S. fiscal crisis capped gains.
LONDON, Dec 14- Brent crude rose toward $109 a barrel on Friday on a brighter outlook for China's economy, the world's second-largest oil consumer, but worries about the impact of a possible U.S. fiscal crisis capped price gains.
DUBAI/ SAN FRANCISCO, Dec 13- An attempt by national governments to establish a worldwide policy for oversight of the Internet collapsed on Thursday after many Western countries said a compromise plan gave too much power to United Nations and other officials.
DUBAI, Dec 13- The United States, Britain and Canada on Thursday refused to sign a new global telecommunications treaty, warning it would provide a mandate for governmental regulation of the Internet, potentially ending 11 days of fractious talks in Dubai.
PARIS/ DUBAI, Dec 13- If the 1,500 delegates huddled into a Dubai conference centre to thrash out a new global telecommunications treaty didn't know how it felt to be on a reality TV show, they do now.
DUBAI/ SAN FRANCISCO, Dec 12- Most countries at a conference on telecommunications oversight agreed Wednesday that a United Nations agency should play an "active" but not dominant role in Internet governance as they struggled to reach a worldwide compromise.
DUBAI, Dec 12- The United States and its allies clashed with a Russian-led bloc in talks over a new United Nations telecoms treaty on Wednesday, threatening a compromise proposal that had aimed to settle thorny issues of how to govern the Internet.
LONDON, Dec 12- Global oil demand will be sluggish throughout 2013 as economic expansion remains tepid and oil supply levels comfortable, which could alleviate oil price pressures on consumers, the West's energy agency said on Wednesday.
That is boosting the share prices of companies like Sina Chemical Industries, up 145 percent since October, and Abadan Petrochemical Co., up 18 percent in that time.
DUBAI, Dec 12- When Oman unveiled a plan this year to build a large petrochemical complex alongside a $6 billion refinery in the southern coastal town of Duqm, officials hailed the project as a step towards diversifying income and creating jobs.
DUBAI, Dec 12- Strong global demand for Qatar Telecom's imminent 10- year bond offering could prompt the company to reconsider its decision to cap the issue at $1 billion, especially if interest from the United States is robust.
CAIRO, Dec 11- Egypt's army chief called for talks on national unity to end the country's mounting political crisis after a vital loan from the IMF was delayed and thousands of pro- and anti-government demonstrators took to the streets.
CAIRO, Dec 11- A vital $4.8 billion International Monetary Fund loan to Egypt will be delayed until next month, its finance minister said on Tuesday, intensifying the political crisis gripping the Arab world's most populous nation.
DUBAI, Dec 11- Qatar Airways is interested in the privatisation of Czech Airlines, but has not taken a decision on whether to participate in it, the chief executive of the Gulf carrier said on Tuesday.
*OPEC set to keep 30 million bpd output target. *OPEC experts see H1 2013 demand for OPEC crude at 29.25 mbpd. VIENNA, Dec 11- OPEC oil exporters look set this week to avoid a quarrel about how much crude they produce and argue instead about who should be the group's next secretary-general.
*Sugar oversold, should rebound to 20 cents- Commerzbank. LONDON, Dec 11- Arabica coffee and raw sugar futures on ICE consolidated above two-and-a-half year lows on Tuesday, digesting the previous sessions losses, as ample supplies from top producer Brazil capped price upside in both markets.
ABU DHABI, Dec 11- National Bank of Abu Dhabi, the UAE's largest lender by market value, is looking at acquisitions as part of a plan to more than double the proportion of profits it makes from abroad over the next ten years.