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  • CAIRO— The Egyptian government says it's finalizing talks with the International Monetary Fund on a three-year loan program and is asking for $7 billion a year to finance its economic program. A Cabinet statement says Prime Minister Sherif Ismail discussed the talks with the IMF in a meeting with the head of Egypt's Central Bank and several other ministers.

  • LONDON, July 27- Emerging markets portfolio inflows rose to almost $25 billion in July from $13.3 billion in June, the Institute of International Finance said on Wednesday, citing the search by investors for higher yields after Britain voted to leave the European Union. Regionally, emerging Asia attracted the lion's share of the flows, with $19.1 billion,...

  • TEL AVIV, Israel _ Wix.com Ltd. on Wednesday reported a loss of $11.4 million in its second quarter. For the current quarter ending in October, Wix.com said it expects revenue in the range of $72 million to $73 million. Wix.com shares have climbed 39 percent since the beginning of the year.

  • LONDON, July 27- Emerging stocks touched 11- month highs on Wednesday, boosted by news of additional Japanese stimulus and shrugging off a sharp drop in mainland shares in China, where fears of a fresh regulatory crackdown are weighing. Some nerves were jangled by a 2 percent fall in Shanghai- listed shares, which posted their worst day in six weeks while the...

  • Quarterly sales shrank 8.4 percent to 2.65 trillion yen due to a stronger yen, which slams overseas earnings for exporters like Nissan. Yokohama- based Nissan, which makes the March subcompact, Infiniti luxury brand and the Leaf electric vehicle, kept its full-year forecast for a 525 billion yen profit, up slightly from the 524 billion yen earned the previous...

  • WEDNESDAY, JULY 27 TBILISI- National Bank of Georgia monetary policy committee meeting. POLOKWANE, South Africa- South African central bank deputy governor Daniel Mminele speaks at a business breakfast event in the city of Polokwane- 0700 GMT. THURSDAY, JULY 28 KIEV- National Bank of Ukraine monetary policy meeting- 0700 GMT.

  • VIENTIANE/ GENEVA, July 26- The United States said on Tuesday it hoped to announce in early August details of planned military cooperation and intelligence sharing with Russia on Syria, and a United Nations envoy said he would also aim to resume peace talks next month. Secretary of State John Kerry said Washington and Moscow, which support opposing sides in...

  • CAIRO, July 26- Egypt said on Tuesday it was close to agreeing an International Monetary Fund lending programme to ease its funding gap and restore market stability and was seeking to secure $7 billion annually over three years. Prime Minister Sherif Ismail ordered the central bank governor and minister of finance to complete negotiations for the programme...

  • CAIRO, July 26- Egypt said on Tuesday it was close to agreeing an International Monetary Fund lending program to ease its funding gap and restore market stability and was seeking to secure $7 billion annually over three years. Prime Minister Sherif Ismail ordered the central bank governor and minister of finance to complete negotiations for the program with...

  • VIENTIANE/ GENEVA, July 26- The United States said on Tuesday it hoped to announce in early August details of planned military cooperation and intelligence sharing with Russia on Syria, and a U.N. envoy said he would also aim to resume peace talks next month. Secretary of State John Kerry said Washington and Moscow, who support opposing sides in Syria's...

  • JERUSALEM _ Mobileye NV on Tuesday reported second-quarter earnings of $26.9 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. Mobileye shares have risen 17 percent since the beginning of the year.

  • TEL AVIV, Israel _ Radware Ltd. on Tuesday reported a second-quarter loss of $1.3 million, after reporting a profit in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share. Radware shares have fallen 19 percent since the beginning of the year.

  • TEL AVIV, Israel _ Check Point Software Technologies Ltd. on Tuesday reported second-quarter net income of $165.8 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share. Nine analysts surveyed by Zacks expected $420.7 million.

  • ABU DHABI, United Arab Emirates— The United Arab Emirates might not seem like an obvious spot to begin and end a globe-spanning flight promoting renewable energy. One way is by backing the Solar Impulse 2 solar plane, which ended its groundbreaking round-the-world flight on Tuesday in Abu Dhabi and counts Emirati renewable-energy company Masdar among its...

  • SINGAPORE, July 26- Chicago soybeans ticked higher on Tuesday but were still holding close to last session's a three-month low as a U.S. government report showed the crop in a healthy condition. Chicago Board Of Trade most-active soybeans gained 0.1 percent to $9.67-1/ 2 a bushel by 0210 GMT, having lost 4.6 percent in the last two sessions. Corn fell 0.2 percent to...

  • SINGAPORE, July 26- Chicago soybeans ticked higher on Tuesday but were still holding close to last session's a three-month low as a U.S. government report showed the crop in a healthy condition. Chicago Board Of Trade most-active soybeans gained 0.1 percent to $9.67-1/ 2 a bushel by 0210 GMT, having lost 4.6 percent in the last two sessions. Corn fell 0.2 percent to...

  • ABU DHABI, United Arab Emirates— The world's first round-the-world flight to be powered solely by the sun's energy made history Tuesday as it landed in Abu Dhabi, where it first took off on an epic 25,000- mile journey that began more than a year ago. After landing the plane, pilot Bertrand Piccard was greeted outside the cockpit by his Solar Impulse partner and...

  • According to Caterpillar, the largest decline in machinery sales was in Latin America, down 38 percent from a year ago. "The demand environment continues to be weak in Latin America," Lawrence De Maria, an analyst at William Blair said in a research note. Total machinery sales were also down 12 percent in North America, down 7 percent in the Asia Pacific region, and down...

  • SAO PAULO, July 25- Aurelius Capital Management LP has contacted bondholders in Oi SA's Netherlands- based units to challenge the basis of a prior restructuring accord that substantially lowered the recovery value of their bonds, seeking to gain clout in Brazil's biggest-ever bankruptcy reorganization. New York- based Aurelius, a distressed debt investment...

  • But China and India appear to have crashed that party. And here the main culprits are China and India, both of which have significantly ramped up exports of gasoline in the first six months of 2016.. China exported 4.449 million tonnes, or about 207,800 barrels per day, of gasoline in the first half, a 75 percent increase on the same period last year, according to...