CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil closed up on the day, and nat gas closed up, as well, while gold was down on the day.» Read More
SALT LAKE CITY— An airplane that mysteriously ended up in Iran is registered to a Utah bank under an arrangement for aviation ownership that has prompted two warnings from a government watchdog in the past year.
CAIRO— Hesham Genena has created uproar by trying to actually do his job. The head of one of Egypt's foremost government oversight agencies, he says he has uncovered billions of dollars-worth of corruption, involving some of the country's most untouchable institutions, including the police, intelligence agencies, and the judiciary.
SAN FRANCISCO/ HONG KONG, April 17- Weibo Corp executives on Thursday toasted the Chinese social media firm's debut at Nasdaq's New York headquarters.
WASHINGTON— The government says its criminal case against a former Blackwater security guard is in jeopardy as a June 11 trial looms on charges stemming from the shootings of dozens of Iraqi citizens in an incident in Baghdad nearly seven years ago.
WASHINGTON, April 17- The United States has taken steps to release a $450 million installment of frozen Iranian funds following a report from the International Atomic Energy Agency verifying that Iran is living up to its part of a landmark nuclear pact with world powers, the U.S. State Department said on Thursday.
*Stance does not mean deal is off- UAE- based source. ROME, April 17- Etihad Airways has toughened its stance on conditions for investing in Italy's struggling Alitalia in continuing negotiations between the airlines, sources close to the matter said on Thursday.
DUBAI, United Arab Emirates— Abu Dhabi's Mubadala state investment company says profits last year tripled to roughly $395 million on the back of a strong performance from international investments. Mubadala's mandate is to diversify Abu Dhabi's oil-rich economy.
LONDON, April 17- Barclays announced a number of promotions in its investment bank's management on Friday as it continues a review of the division that contributes about half of group profit. Felder, who joined Barclays from now-defunct U.S. investment bank Lehman Brothers in 2008, was previously co-head of securities.
DUBAI, April 17- Amina al-Rustamani, a member of a prominent UAE family, raised eyebrows among friends and relatives when she started her career in Dubai 13 years ago as an electrical engineer, becoming one of few females in the Middle East to enter the profession.
LONDON, April 17- Barclays announced a number of promotions in its investment bank's management on Friday, while it continues with a review of the division that contributes about half of the group's total profits. Felder, who joined Barclays from now-defunct U.S. investment bank Lehman Brothers in 2008, was previously co-head of securities.
RIYADH, Saudi Arabia— Pro wrestlers with the WWE, including John Cena and former champion Randy Orton, are in Saudi Arabia for three days of matches in the capital, Riyadh. WWE has an Arabic website and debuted live in the region in Egypt in 2012. Matches also have been held in Qatar and the United Arab Emirates since.
THE RESULTS: Philip Morris International Inc.' s first-quarter profit dropped nearly 12 percent to $1.88 billion as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar.
April 17- Schlumberger Ltd, the world's largest oilfield services company, reported a profit that beat analysts' estimates for the tenth straight quarter, but revenue fell short of expectations due to reduced drilling and pricing pressure in Latin America.
RICHMOND, Virginia— Philip Morris International's first-quarter profit dropped nearly 12 percent as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar.
NEW YORK— PepsiCo reported a stronger-than-expected quarterly profit as the company sold more snacks around the world and hiked prices, including on its drinks.
TOKYO/ SINGAPORE, April 17- Iran's crude oil exports fell for the first time in five months in March, and are slated to drop further in April, moving closer to the levels stipulated by November's temporary nuclear deal that eased some sanctions on Tehran.
April 17- Schlumberger Ltd, the world's largest oilfield services company, reported a slightly better-than-expected quarterly profit on strong growth in the Middle East and North America.
VIENNA, April 17- Iran is complying with the terms of last year's interim nuclear agreement with six world powers and is continuing to reduce its most sensitive uranium stockpile, a monthly update from the U.N. atomic agency obtained by Reuters showed on Thursday.
TOKYO, April 17- Japan made two more payments to Iran for crude imports that were scheduled under an interim nuclear deal, two sources with knowledge of the transactions said, in return for Tehran's moves to reign in its disputed nuclear programme. Iran's central bank had received the payments from Japan, one source said.
*India's 2013/ 14 Iran imports at 222,000 bpd, down 16.5 pct- trade. The Geneva agreement struck between Iran and six world powers in November and implemented for six months from Jan. 20 eased some restriction on Tehran's oil trade in exchange for curbs to its nuclear programme.