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The Saudi's investment in a Texas refinery's expansion is meant to ensure that it will retain an important market for its crude in the United States at a time when American politicians intend to wean the country off imported oil, The New York Times reports.
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KHARTOUM, April 5- Egypt and Sudan want to launch joint farming, livestock and biofuel projects to help double bilateral trade, Egypt's President Mohamed Mursi said on Friday during his first visit to Khartoum.
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NEW YORK, April 5- Brent crude fell to an eight-month low near $104 a barrel on Friday and was on course for the biggest weekly slide since June, as a weak U.S. jobs report fed worries about the economy in the world's largest oil consumer. The U.S. Labor Department reported that employers added just 88,000 jobs in March, the slowest pace of hiring in nine months.
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WASHINGTON, April 5- The United States hopes to use a proposed regional free trade agreement in the Asia-Pacific and another with the European Union to reshape global rules for trade, Vice President Joe Biden said on Friday.
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LONDON/ SEOUL- North Korea has asked embassies to consider moving staff out and warned it cannot guarantee the safety of diplomats after April 10, Britain said, amid high tension and a war of words on the Korean peninsula.
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NEW YORK, April 5- Brent crude oil fell to an eight-month low below $105 a barrel on Friday as data showed a much sharper slowdown in hiring by U.S. employers than analysts had expected, feeding worries about the economy and potential fuel demand.
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SEOUL- North Korea has placed two of its intermediate range missiles on mobile launchers and hidden them on the east coast of the country in a move that could threaten Japan or U.S.
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LONDON, April 5- Brent crude oil fell to a five-month low near $105 per barrel on Friday as bleak U.S. jobs data and bulging inventories dimmed the outlook for economic growth and fuel demand.
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The Saudi's investment in a Texas refinery's expansion is meant to ensure that it will retain an important market for its crude in the United States at a time when American politicians intend to wean the country off imported oil, The New York Times reports.
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NEW YORK-- Israeli technology company Radware is lowering its first-quarter earnings and revenue forecasts due to weaker-than-expected sales in China and Europe, the Middle East and Africa. Radware Ltd. said that it now expects adjusted earnings of 30 cents per share, down from its prior guidance of 40 cents to 43 cents per share.
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LONDON, April 5- Brent crude oil fell to a five-month low near $105 per barrel on Friday as bleak U.S. jobs data and bulging inventories dimmed the outlook for economic growth and fuel demand.
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MILWAUKEE-- The parents of an American journalist kidnapped in Syria more than four months ago said Thursday that his latest disappearance is more upsetting than an earlier one in Libya because they don't know who is holding him.
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WASHINGTON-- The White House says the crown prince of the Emirati capital of Abu Dhabi will visit with President Barack Obama later this month. Sheik Mohammed bin Zayed Al Nahyan will meet with Obama at the White House on April 16.
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*Korea tensions, Iran talks eyed. LONDON, April 5- Brent crude oil steadied close to five-month lows around $106 per barrel on Friday as bleak U.S. data and bulging inventories dimmed the outlook for demand.
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*Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent steadied above $106 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week since December as bleak U.S. data and bulging inventories dimmed the outlook for demand.
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*Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent crude edged up toward $107 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week in a month as bleak U.S. data and bulging inventories dimmed the outlook for demand. Brent crude rose 13 cents to $106.47 a barrel by 0436 GMT, off an earlier high of $106.65.
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NEW YORK-- Shares of a variety of networking equipment and other information technology companies took a hit Friday after F5 Networks Inc. cut its outlook for the January-March quarter, citing disappointing results from its North American business.
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*Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent crude edged up toward $107 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week in a month as bleak U.S. data and bulging inventories dimmed the outlook for demand. Brent rose 14 cents to $106.48 a barrel by 0236 GMT, off an earlier high of $106.65.
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NEW YORK-- F5 Networks Inc. said Thursday that its second-quarter net income and revenue will fall short of its expectations, primarily because of disappointing results from its North American business. The Seattle company's stock tumbled $13.77, or 15.2 percent, to $76.65 in after-hours trading.
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*Tele2 says deal is closed, eight days after unveiled. *Vimpelcom, a Fridman investment, has bid for Tele2 unit, alongside MTS. Fridman is linked with two bids for the Russian unit of Nordic operator Tele2- one from his A1 vehicle and the other, at a higher price, from MTS and Vimpelcom, in which he is a leading investor.
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CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Moves by the Bank of Japan sent the dollar higher and oil lower, but nat gas inventory draw downs pushed natural gas higher.