GO
Loading...

Middle East

More

  • *Investors asked to agree to cash call for up to 250 mln euros. ROME, July 25- Alitalia shareholders are meeting on Friday to vote on a share issue of up to 250 million euros to keep the Italian flagship carrier flying as it attempts to finalize a life-saving tie-up with Etihad Airways.

  • GAZA, July 25- As the United States and regional powers strive for a ceasefire between Israel and Gaza militants, the impoverished enclave faces a daunting recovery, such is the scale of damage after almost three weeks of fighting.

  • The search for high yields and duration gained traction following the Brazilian government's $3.5 billion bond offering on Wednesday, with investors growing confident that interest rates in the United States will stand pat for a few more months, said Max Volkov, Bank of America Merrill Lynch's head of Latin America debt capital markets.

  • *Euro dips, European shares subdued after downbeat German Ifo survey. LONDON, July 25- Signs that tensions between the West and Russia are starting to hurt confidence in Europe's dominant economy Germany left the euro near an eight-month low on Friday and lifted the region's government bonds.

  • *Economically hit Hamas wants Gaza blockade lifted. Secretary of State John Kerry pressed regional proxies to nail down a Gaza ceasefire on Friday as the civilian death toll soared, threatening to spread Israeli-Palestinian bloodshed to the occupied West Bank and Jerusalem.

  • BERLIN, July 25- German business sentiment fell to its lowest level in nine months in July in a sign that firms in Europe's largest economy are worried about the crises in Ukraine, Iraq and Gaza.

  • LONDON, July 25- Oil held steady around $107 a barrel on Friday, as plentiful supply countered any premium to the price caused by concern over conflict in the Middle East and Ukraine. Conflicts in Ukraine, Gaza and Iraq continued, but failed to push prices higher as global supplies remained ample.

  • German business confidence drops for 3rd month Friday, 25 Jul 2014 | 4:23 AM ET

    BERLIN— German business confidence fell for a third consecutive month amid ongoing concerns about the economic impact of the crises in Ukraine and the Middle East, though consumer confidence in Europe's largest economy remained robust, surveys showed Friday.

  • German airlines cancel more Tel Aviv flights Friday, 25 Jul 2014 | 3:44 AM ET

    BERLIN— Germany's two largest airlines say they are not yet resuming flights to Israel even though the European Aviation Safety Agency has lifted a recommendation that airlines refrain from flying to Tel Aviv airport.

  • *Israel sees 7- day halt while tunnel hunt continues. *Economically hit Hamas wants Gaza blockade lifted. Secretary of State John Kerry pressed regional proxies to nail down a Gaza ceasefire on Friday as the civilian death toll soared, threatening to spread Israeli-Palestinian bloodshed to the occupied West Bank and Jerusalem.

  • TOKYO, July 25- Asian shares pulled back from this week's three-year highs on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.

  • Oil price slips below $102 a barrel Friday, 25 Jul 2014 | 2:21 AM ET

    The price of oil slipped below $102 a barrel on Friday, falling for a second day after spiking on lower U.S. inventories and tensions in Ukraine and the Middle East. By early afternoon in Europe, benchmark U.S. crude for September delivery was down 38 cents to $101.69 in electronic trading on the New York Mercantile Exchange.

  • *Libya oil production rises to 500,000 barrels per day. SINGAPORE, July 25- Brent crude held steady above $107 a barrel on Friday, on track to end the week flat as plentiful supplies held down any run-up in prices from geopolitical tensions in oil producing regions.

  • *Libya oil production rises to 500,000 barrels per day. SINGAPORE, July 25- Brent crude held steady above $107 a barrel on Friday, on track to end the week flat as tensions in oil producing regions supported prices against weak demand and plentiful supplies.

  • TOKYO, July 25- Asian shares pulled away from this week's three-year highs on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.

  • *Index heavy Fanuc contributes 27 points, or more than a quarter of Nikkei gains. TOKYO, July 25- Japan's Nikkei share average rose on Friday after the S&P 500 set another record closing high and as index heavyweight Fanuc Corp jumped after reporting strong profits.

  • *Hamas sticks to demand embargo on enclave be lifted. *One killed in West Bank march is support of Gaza. United Nations Secretary-General Ban Ki- moon expressed horror at the Thursday attack on the school at Beit Hanoun in the northern Gaza strip.

  • GLOBAL MARKETS-Asian shares inch down from recent highs Thursday, 24 Jul 2014 | 8:46 PM ET

    TOKYO, July 25- An index of Asian shares pulled away from a three-year high on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.

  • SINGAPORE, July 25- Gold held near a five-week low on Friday and was headed for a second straight week of losses, as strong global economic data and higher equities offset the metal's appeal as a safe-haven.

  • FACTBOX-Talisman Energy's operations around the world Thursday, 24 Jul 2014 | 6:09 PM ET

    Calgary- based Talisman operates in some of the world's most desirable petroleum areas, including the Eagle Ford and Marcellus shales in the United States and Western Canada's burgeoning Duvernay and Montney shale regions.