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  • PARIS— French President Francois Hollande is seeking to solidify strategic alliances in the Persian Gulf, as he heads to Qatar to sign a 7 billion-euro fighter jet deal and then gets a starring role in a regional summit in Saudi Arabia. France has led airstrikes against Islamic State extremists, supported international intervention in Yemen, and held a tough...

  • BEIJING— A pilot said Sunday that he is anxious but excited about flying a solar plane solo from China to Hawaii on the longest leg of the first attempt to fly around the world without a drop of fuel. The 8,175- kilometer flight from Nanjing in eastern China to Hawaii— which may take off Thursday, depending on weather— is the seventh of 12 flights.

  • MOSCOW, May 2- Russian oil and gas condensate production, among the world's largest, remained at a post-Soviet record level of 10.71 million barrels per day in April, underpinned by a recent recovery in oil prices, Energy Ministry data showed on Saturday. So far Russia, which is not an OPEC member, has failed to persuade OPEC to cut oil output in order to prop up prices.

  • Secretary of State John Kerry on Saturday championed the new Sri Lankan government's push for democratic reform and promised closer ties with the strategically located Indian Ocean nation. Sri Lanka's government is determined to end years of international isolation linked to its long war with Tamil separatists, so it really rolled out the red carpet for...

  • *Oil dips after Iraq says crude exports hit record in April. All major European markets except London, its biggest, were closed on Friday for the May Day holiday, while many Asian markets were also shut. London's FTSE 100 index inched higher on a surge in the shares of Lloyds bank and mining companies.

  • Wheat prices were mixed, hovering near a roughly five-year low notched on Tuesday. "The spreads don't indicate much bullishness," said Craig VanDyke, analyst at brokerage Top Third Ag Marketing in Chicago. A stabilizing greenback made commodities priced in the currency less attractive in international markets, with U.S. corn and wheat already more expensive in...

  • Wheat prices were hovering near a roughly five-year low notched on Tuesday. "The spreads don't indicate much bullishness," said Craig VanDyke, analyst at brokerage Top Third Ag Marketing in Chicago. A stabilizing greenback made commodities priced in the currency less attractive in international markets, with U.S. corn and wheat already more expensive in many...

  • *Oil dips after Iraq says crude exports hit record in April. All major European markets except London, its biggest, were closed on Friday for the May Day holiday, while many Asian markets were also shut. London's FTSE 100 index inched into positive territory after miners advanced on expectations of further stimulus in China, the world's top metals consumer. 1/ 8 ID:...

  • *Shell, Total restructure to combat falling oil prices. LONDON, May 1- Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and independent trading houses expand into their territory. Snapping at their heels are energy brokerages Vitol and...

  • BERLIN— European aviation company Airbus said Friday it is taking legal action following reports that it was targeted by German and U.S. intelligence agencies. Airbus stressed that it was made aware of the allegations by press reports and didn't have any information of its own on the matter. Der Spiegel reported Friday on its website that Germany's spy agency,...

  • LONDON, May 1- The world's top oil companies can expect only limited solace from refining for the rest of the year, even as the often-troubled segment proved valuable in the face of sinking oil prices. Overcapacity in the sector previously made it the bane of integrated oil majors such as BP, Royal Dutch Shell, Exxon Mobil, Chevron, Total and Eni.

  • DUBAI/ KHOBAR, May 1- Saudi Arabia has approved a restructuring of Saudi Aramco that includes separating it from the oil ministry, a Saudi-owned TV station reported, in a decision analysts said aims to make the state oil giant more transparent and keep it away from political sway. On Wednesday King Salman appointed Saudi Aramco's chief executive Khalid al-Falih...

  • *Iraq exports reach 3.08 million bpd in April. LONDON, May 1- Oil prices edged lower on Friday, easing off 2015 highs after Iraq said its crude oil exports hit a record in April, keeping Middle East production well above demand. Brent was down 48 cents at $66.30 a barrel by 1117 GMT.

  • DUBAI, May 1- Saudi Arabia's Supreme Economic Council has approved a restructuring of state oil company Saudi Aramco that includes separating it from the oil ministry, Al Arabiya television channel reported on Friday, citing sources. The Supreme Economic Council is a new body formed by King Salman earlier this year to replace the Supreme Petroleum Council,...

  • DIARY- Emerging Markets Economic Events to May 14 Thursday, 30 Apr 2015 | 8:02 PM ET

    SANTIAGO- Central bank of Chile to release the minutes of April policy meeting- 1230 GMT. BUDAPEST- Central Bank of Hungary non-rate-setting meeting. WARSAW- National Bank of Poland holds Monetary Policy Council Meeting.

  • Talks between six major powers and Tehran are approaching the final stages after they hammered out a preliminary agreement on April 2, with Iran committing to reduce the number of centrifuges it operates and to other long-term nuclear limitations. Iran, which is has been under sanctions for years, has a long history of illicit nuclear procurement using front...

  • April 30- Cybersecurity company FireEye Inc raised its full-year revenue forecast as governments and businesses increase spending to protect their networks from sophisticated cyber attacks. Shares of FireEye, which also reported better-than-expected quarterly revenue, rose 1.7 percent in extended trading on Thursday. "The marketplace for...

  • MILAN— Milan's Expo 2015 world's fair has heady ambitions, the biggest of which is to devise a plan to feed the planet as it brings together 145 nations to focus on food and nutrition. The Italian government, which has invested 1.3 billion euros in it, wants the fair to help push Italy out of its economic doldrums. Milan has undergone an intensive urban renewal in...

  • *Q1 adjusted EPS $1.36 vs $1.25 forecast. *Raises 2015 adjusted EPS forecast to $5.05- $5.35. TEL AVIV, April 30- Teva Pharmaceutical Industries raised its 2015 earnings forecast after beating first-quarter estimates, and said it would devote "all necessary resources" to its $40 billion- plus bid for rival Mylan Inc..

  • Camtek posts 1Q profit Thursday, 30 Apr 2015 | 9:51 AM ET

    MIGDAL HA'EMEK, Israel _ Camtek Ltd. on Thursday reported first-quarter earnings of $52,000. The Migdal ha'Emek, Israel- based company said it had net income of less than 1 cent on a per-share basis. For the current quarter ending in June, Camtek said it expects revenue in the range of $23 million to $25 million.