Muammer Gaddafi’s family has built up vast business interests in sectors ranging from oil to hotels during his 41-year rule, giving it a hold over large swathes of Libya’s economy, according to US diplomatic cables and governance groups, reports the Financial Times.
The turmoil in the Middle East has oil prices on a roll. Here's a plan for currency investors.
Events in Egypt are not the only risk to the economic recovery—confidence about sovereign debt and slowing growth in Japan and Europe already pose real risks. And stagflation is peeping over the horizon.
In the week since, Tunisia's President has fled the country, with similar self-immolation in places like Egypt, Algeria and Mauritania.
Why Cramer doesn't think DuPont's mergers and acquisitions activity will stop with Danisco.
Chemical giant Transammonia is ending all ties with Iran following a CNBC investigation into its business dealings there.
The Revolutionary Guard is a major force when it comes to controlling Iran's economy. Many Iranians in and out of the country have called the Islamic Revolutionary Guard Corps "Iran's mafia."
Americans may be rare in Iran, but American products find their way into the country, despite international sanctions, through a tiny Iranian resort island called Kish.
Warren Buffett likes to portray himself as the multi-billionaire cheapskate who feels great pain from every dollar bill that leaves his wallet. But there's no sign today of that stingy public persona he sometimes exaggerates for laughs. Buffett says it will be a "pleasure" to write a $50 million check, fulfilling his promise to help fund an international nuclear fuel bank.
The dollar looks sad, US stocks look okay and the econony starts looking "half-full."
I have written in the past about the prospect of a nuclear Iran and its destabilizing effect in the world’s most important energy region. But what if Israel strikes before Tehran’s nuclear ambitions are realized?
Deep inside the computer worm that some specialists suspect is aimed at slowing Iran’s race for a nuclear weapon lies what could be a fleeting reference to the Book of Esther, the Old Testament tale in which the Jews pre-empt a Persian plot to destroy them.
A powerful computer code attacking industrial facilities around the world, but mainly in Iran, probably was created by experts working for a country or a well-funded private group, analysts said.
A complex computer worm capable of seizing control of industrial plants has affected the personal computers of staff working at Iran's first nuclear power station weeks before the facility is to go online, the official news agency reported Sunday.
Iran's nuclear agency is trying to combat a complex computer worm that has affected industrial sites throughout the country and is capable of taking over power plants, Iranian media reports said.
On the eve of Iranian President Mahmoud Ahmadinejad's address to the United Nations General Assembly Israel's just departed UN Ambassador says she believes sanctions designed to slow Iran's nuclear program only have a chance to work if Iran's largest bank, The Central Bank of Iran, is directly targeted by the international financial community.
The Arab states of the Gulf have embarked on one of the largest re-armament exercises in peacetime history, ordering US weapons worth some $123bn as they seek to counter Iran’s military power.
A federal judge on Tuesday criticized Barclays’ $298 million deal with the U.S. authorities to settle charges of facilitating payments that violated sanctions against countries including Cuba and Iran. The FT reports.
Barclays has agreed to pay $298 million over criminal allegations that it illegally engaged in financial transactions with banks in Cuba, Iran, Libya, Sudan and Burma, the Justice Department disclosed in court papers filed Monday.
Long before there was MoneyGram and Western Union, people in South Asian countries often used an informal network of brokers, called an "hawala," to transfer money over long distances when it was too inconvenient or dangerous to send cash by courier.