Middle East


  • DIARY - Emerging Markets Economic Events to May 7 Thursday, 24 Apr 2014 | 8:02 PM ET

    April 25- For other related diaries, please. MEXICO CITY- Central Bank of Mexico publishes monetary policy statement. MOSCOW- Russian Central Bank holds rate setting meeting- 1000 GMT.

  • Starbucks eyes soda and lunch as US sales climb Thursday, 24 Apr 2014 | 4:25 PM ET

    NEW YORK— Starbucks keeps finding ways to squeeze more money out of people. This year, Starbucks plans to add another 1,500 locations, including 600 in the Americas.

  • Report: Iran to cut portion of gasoline subsidies Thursday, 24 Apr 2014 | 3:37 PM ET

    TEHRAN, Iran— Iran will cut a portion of its gasoline subsidies beginning Friday, nearly doubling some prices at the pump as part of a second round of cuts delayed since 2012, state television reported Thursday. The subsidies keep the cost of gasoline artificially low for consumers in Iran, an OPEC member.

  • Fakahany, Mancini picked for AP Nerve Center posts Thursday, 24 Apr 2014 | 2:04 PM ET

    NEW YORK— Tamer Fakahany and John Mancini, veteran news executives for The Associated Press, have been appointed global news managers for the cooperative, Senior Managing Editor Michael Oreskes announced Thursday.

  • Manufacturers see better times for US economy Thursday, 24 Apr 2014 | 1:37 PM ET

    Industrial companies such as General Electric, Honeywell and Caterpillar have been posting strong financial results in recent weeks and telling investors that orders are strong. "We're on the brink of that inflection point where the economy can really take off," says Diane Jaffee, a portfolio manager and managing director at the Trust Company of the West.

  • JERUSALEM, April 24- Israel on Thursday suspended U.S.-sponsored peace talks with the Palestinians in response to President Mahmoud Abbas's unexpected unity pact with the rival Islamist Hamas group.

  • *Syria due to hand over all chemicals by Sunday. Syria became a member of the Organisation for the Prohibition of Chemical Weapons last year as part of a deal with Russia and the United States to destroy its chemical weapons programme.

  • LONDON, April 24- Aluminium has staged an impressive price rally since the start of the month. On the London Metal Exchange three-month metal has powered up to $1,900 per tonne, a level last seen in October 2013.

  • Austrian architect Hans Hollein dies at 80 Thursday, 24 Apr 2014 | 9:02 AM ET

    VIENNA— Austrian architect and designer Hans Hollein, a winner of the prestigious Pritzker Architecture Prize whose work ranged from big museums through tiny shops to furniture and sunglasses, has died. A spokeswoman for Hollein's family, Dorothea Apovnik, said he died in Vienna Thursday after a long illness.

  • *Syria due to hand over all chemicals by Sunday. Syria became a member of the Organisation for the Prohibition of Chemical Weapons last year as part of a deal with Russia and the United States to destroy its chemical weapons programme.

  • U.S. crude gained 14 cents to $101.58 a barrel by 0028 GMT, after settling 31 cents lower in the previous session. Oil exports from Iraq's southern terminals are heading for a record high in April, according to loading data and industry sources, reflecting Iraq's efforts to expand capacity and deliver supply growth in 2014..

  • DIARY - Emerging Markets Economic Events to May 6 Wednesday, 23 Apr 2014 | 8:02 PM ET

    April 24- For other related diaries, please. ANKARA- Central Bank of Turkey holds Monetary Policy Committee meeting- 1100 GMT. CAIRO- Central Bank of Egypt holds Monetary Policy Committee meeting.

  • *FDI fell to $3 billion in year to June 2013. CAIRO, April 23- A new Egyptian law that prevents third parties from challenging contracts made with the government may encourage foreign investors but critics say it will increase scope for corruption.

  • ROME/ MILAN, April 23- An Italian union said on Wednesday that it is willing to enter negotiations to help to meet conditions set by Etihad Airways for investing in Alitalia after talks between the airlines stalled over debt and job cuts.

  • New social networks connect cooks and diners Wednesday, 23 Apr 2014 | 1:33 PM ET

    BUENOS AIRES, Argentina— If the latest development in culinary social media catches on, the trendiest restaurants may no longer be restaurants. Cookapp, which recently moved its headquarters from Buenos Aires to New York City, works like a matchmaker, arranging intimate gourmet dinners between strangers.

  • No, really, a cereal called Holy Crap really sells Wednesday, 23 Apr 2014 | 12:58 PM ET
    Holy Crap cereal.

    Nowadays, the bar for grabbing attention has moved higher—or, more precisely, lower, The New York Times reports.

  • India, Iran in deal to ease sting of sanctions Wednesday, 23 Apr 2014 | 11:34 AM ET
    This handout image supplied by the IIPA (Iran International Photo Agency) shows a view of the reactor building at the Russian-built Bushehr nuclear power plant.

    India is set to pay Iran $1.65 billion under an interim nuclear deal that eases sanctions and gives Tehran access to $4.2 billion in blocked funds.

  • India to make May-July oil payments to Iran - sources Wednesday, 23 Apr 2014 | 11:24 AM ET

    NEW DELHI, April 23- India is set to pay Iran $1.65 billion over the next three months under an interim nuclear deal that eases sanctions on Tehran and gives it access to $4.2 billion in blocked funds, four sources with knowledge of the matter said.

  • 3 charged with sending chemical equipment to Syria Wednesday, 23 Apr 2014 | 11:08 AM ET

    HARRISBURG, Pa.— U.S. prosecutors have charged a Pennsylvania man and two foreign citizens with conspiring to illegally export chemical warfare detection devices and laboratory equipment to Syria, authorities said in a case that was under seal for 17 months until Wednesday.

  • Late Easter weighs on Six Flags attendance, sales Wednesday, 23 Apr 2014 | 9:01 AM ET

    Amusement park operator Six Flags Entertainment Corp. said Wednesday that a late Easter pushed many school vacations into the second quarter, hurting attendance and sales at its parks. Revenue fell 16 percent, to $73.7 million from $87.5 million, in the January-March quarter.

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Thursday, 24 Apr 2014 | 2:30 PM ET

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