CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Stocks and commodities rallied today, on strength in equities and a weaker dollar.» Read More
NEW YORK, Sept 16- For all of those waiting for a correction in U.S. stocks, here's the news: you may have already missed it.
*Size $500 mln; order book about $1.5 billion. DUBAI, Sept 16- Goldman Sachs raised $500 million with its debut sale of Islamic bonds on Tuesday, becoming the first conventional U.S. bank to issue sukuk as Islamic finance develops beyond its traditional homes in the Middle East and southeast Asia.
MOSCOW, Sept 16- Persisting political tensions should help send crude oil prices back above $100 per barrel in coming quarters and they should then stay there through 2017, Russia's central bank said on Tuesday.
Randall Stephenson, CEO of AT&T Inc. and chairman of the Roundtable, blamed the decline of the index on Congress' failure to extend temporary tax breaks that encourage research and development and investment spending. Overseas conflicts in the Ukraine and Middle East have also weighed on executives' optimism.
UNITED NATIONS, Sept 16- The United Nations, Israel and the Palestinian Authority have reached a deal to allow reconstruction work to begin in the war-torn Gaza Strip with U.N. monitoring of the use of materials, U.N.
PARIS, Sept 16- Airbus is conducting the final stage of ground trials as it edges towards the keenly-awaited first flight of its revamped A320neo aircraft, the planemaker said on Tuesday. Airbus is sticking to its target for a first flight in the third quarter, or by the end of September, the spokesman said.
MOSCOW, Sept 16- The Russian central bank sees crude oil prices returning to above $100 per barrel in coming quarters and staying above that mark in 2016-2017, according to the bank's quarterly monetary policy document published on Tuesday.
GAZA CITY, Gaza Strip— After a ruinous war, Gaza is rushing back to a veneer of normalcy at astonishing speed. Almost none express any optimism for change in the misery in the tiny, densely populated Mediterranean coastal strip, which is suffocating under seven years of blockade by Israel and Egypt and is under the iron rule of the Hamas militant group.
JERUSALEM, Sept 16- Israel's economy grew at an annualised rate of 1.5 percent in the second quarter, slower than previously thought and its weakest level since early 2009, the Central Bureau of Statistics said on Tuesday.
DUBAI, Sept 16- The opening of Saudi Arabia's stock market to direct foreign investment early next year is set to coincide with a pick-up in earnings growth in the kingdom, which has lagged the region in the past few years.
RAMALLAH, West Bank— The Palestinian economy is expected to contract for the first time in seven years in 2014, the result of the recent Gaza war, continued Israeli and Egyptian restrictions on Palestinian trade and a drop in foreign aid, the World Bank said Tuesday.
*Russia to meet with OPEC as low prices pressure budget. "The Chinese data was sufficiently negative to create real worry again about the outlook for demand there and globally," said John Kilduff, a partner at Again Capital LLC in New York.
WASHINGTON/ LONDON, Sept 14- Washington said countries in the Middle East had offered to join air strikes against Islamic State militants and Australia said it would send troops, but Britain held back even after the group beheaded a British hostage and threatened to kill another.
Weapons makers like Lockheed Martin, Northrop Grumman, Boeing and Raytheon anticipate new markets for their goods. Russian aggression in Ukraine is reviving long-dormant European demand, while the emerging militant Islamist threat in Iraq and Syria has underpinned already strong Middle Eastern demand.
Russia to meet with OPEC as low prices pressure budget. "The Chinese data was sufficiently negative to create real worry again about the outlook for demand there and globally," said John Kilduff, a partner at Again Capital LLC in New York.
*Paris conference supports military action in Iraq, no mention of Syria. PARIS/ DUBAI, Sept 15- Iran's supreme leader said on Monday he had personally rejected an offer from the United States for talks to fight Islamic State, an apparent blow to Washington's efforts to build a military coalition to fight militants in both Iraq and Syria.
*Russia to meet with OPEC as low prices pressure budget. NEW YORK, Sept 15- Brent and U.S. crude futures fell in choppy trading on Monday, with weak Chinese economic data pushing the expiring October Brent contract to a two-year low and news that Russia's energy minister would meet OPEC officials cushioning the drop.
ICD— an investment arm of the Dubai government— acquired a significant stake in Kerzner earlier this year, with some state media reporting its share is 46 percent. Another state-owned Dubai firm, Istithmar World, bought out Kerzner's stake in the Atlantis Palm in Dubai in 2012..
NEW YORK, Sept 15- Brent crude fell below $97 per barrel on Monday to its lowest in more than two years as lackluster economic data from China damped prospects for oil demand at a time of abundant supply, while expectations the Federal Reserve will provide new details this week about its plans to raise interest rates lifted the dollar.
CAIRO— Egypt plans to increase the number of security cameras at hotels and popular tourist destinations as part of a series of new security measures aimed at buoying the flagging tourism sector following three years of political turmoil, the country's tourism minister said.