The most senior U.S. military officer has raised the possibility that American troops might need to take on a larger role in Iraq's ground war against Islamic State militants.» Read More
South Africa's richest man Johann Rupert has a track record of leading Swiss-based Richemont through difficult times and his comeback at the company's annual general meeting in Geneva provided some comfort for investors.
DUBAI, Sept 17- A lack of water threatens Iraq's plans to raise its oil output, boost its stumbling economy and become a leading producer in the region after Saudi Arabia. A multi-billion dollar common seawater injection scheme designed to boost production from the giant export oilfields in Iraq's south is snarled up in red tape and acrimony.
Officials in the Office of the U.S. Trade Representative and the National Security Council have each held internal talks about potential free-trade challenges from South Korea and NATO allies, two sources familiar with the matter said.
Luxury watch makers are grappling with political instability in Hong Kong, the leading market for Swiss watches, and weak demand in China, where the government's fight against illegitimate gifting has hurt sales of expensive timepieces.
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.
NBC's Ayman Moyheldin reports on the latest U.S. efforts to help the Iraqi government win back its territory seized by ISIS.
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.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Brent crude slides, and traders watch China and the dollar.
*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.