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Business Middle East

  • *Anxiety that India has lost diplomatic ground. *India pushing to buy surveillance drones from U.S. Trump met Chinese President Xi Jinping in April and has also had face time with the leaders of nations including Japan, Britain and Vietnam since taking office in January, prompting anxiety in New Delhi that India is no longer a priority in Washington.

  • Saudi Arabia's Deputy Crown Prince and Defense Minister Mohammed bin Salman (2nd L) takes his seat to meet with U.S. Defense Secretary James Mattis and his delegation on April 19, 2017 in Riyadh, Saudi Arabia.

    Crown Prince Mohammed bin Salman’s biggest test will be whether or not he can satisfy the kingdom's appetite for jobs, say two experts.

  • "Risk aversion is on the rise, mainly due to what's happening in the Middle East and also the news about China cracking down on some loans made overseas last year," said Richard Xu, a fund manager at China's biggest gold exchange-traded fund, HuaAn Gold. China's banking regulator has ordered a group of lenders to assess their exposure to offshore acquisitions by a...

  • The move prompted a sell-off in the U.S.-traded shares of Sina Corp. and its microblog service, Sina Weibo. Thursday's announcement adds to efforts by President Xi Jinping's government to tighten media control ahead of a Communist Party congress late this year. Video streamed by users of Sina Weibo, AcFun and Phoenix New Media's ifeng.com contained "negative...

  • *Anxiety that India has lost diplomatic ground. *India pushing to buy surveillance drones from U.S. Trump met Chinese President Xi Jinping in April and has also had face time with the leaders of nations including Japan, Britain and Vietnam since taking office in January, prompting anxiety in New Delhi that India is no longer a priority in Washington.

  • Qatar's Emir Sheikh Tamim bin Hamad Al-Thani

    Saudi Arabia and other Arab countries that have cut ties to Qatar issued a steep list of demands to end a three-week diplomatic spat.

  • ULTIMO, NEW SOUTH WALES, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "Speed Limits and Stall Speeds: Fostering Sustainable Growth in the United States" before the University of Technology Sydney Seminar- 0510 GMT. SYDNEY, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "The Global Growth...

  • *Anxiety that India has lost diplomatic ground. *India pushing to buy surveillance drones from U.S. Trump met Chinese President Xi Jinping in April and has also had face time with the leaders of nations including Japan, Britain and Vietnam since taking office in January, prompting anxiety in New Delhi that India is no longer a priority in Washington.

  • *Qatar Airways interested in buying 10 pct of American Airlines. *Qatar Airways says will first buy 4.75 pct. The move by Qatar Airways would expand its investments in North America as Qatar is embroiled in the region's worst diplomatic crisis in years and is locked in an airspace rights row with three other Gulf states.

  • June 22- Due to the dogs dinner that is Brexit, Bank of England Governor Mark Carney and his chief economist, Andy Haldane, are both correct in their conflicting calls on interest rates. Carney is correct; now is not the time to raise rates, and so is Haldane; a hike will be needed lest the BOE be forced to jerk rates rapidly higher. Carney in his Mansion House speech before...

  • WASHINGTON, June 22- U.S. technical experts will hold more talks in Brussels next week in an effort to avert expanding a ban on in-cabin large electronics like laptops to airports in Europe and other regions, the U.S. Department of Homeland Security chief said on Thursday. The United States is driving an effort that aims to raise worldwide "routine aviation...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • *Qatar Airways interested to buy 10 pct of American Airlines. *Qatar Airways says it will first buy 4.75 pct. The move by Qatar Airways to buy a stake in American would expand the Gulf carrier's investments into North America against a turbulent diplomatic and global competitive backdrop.

  • PARIS, June 22- Boeing won a race for new business at the Paris Airshow, rolling out a new model of its best-selling 737 airliner that helped it claim back the order crown from rival Airbus. "The MAX stole the show," Ihssane Mounir, vice president of sales and marketing at Boeing's commercial aircraft division, said. Asked if Airbus had lost momentum after years in which...

  • *Qatar Airways interested to buy 10 pct of American Airlines. *Qatar Airways says it will first buy 4.75 pct. Operations at Qatar Airways were disrupted after four Arab nations cut diplomatic and economic ties with Qatar this month in the worst diplomatic crisis in the region in years.

  • June 22- American Airlines Group Inc said on Thursday that Qatar Airways, the Gulf country's state-owned airline, had expressed interest in buying as much as a 10 percent stake worth at least $808 million in the U.S. airline. Operations at Qatar Airways were disrupted after four Arab nations cut diplomatic and economic ties with Qatar this month in the worst...

  • *Riyadh up 6.8 pct since appointment of new crown prince. DUBAI, June 22- Saudi Arabia's stock market extended on the previous session's rally on Thursday as investors focused on shares likely to benefit from economic reforms and from MSCI's decision while Qatar rebounded as foreign funds were net buyers. The Riyadh index added 1.2 percent to a 20- month high of...

  • June 22- American Airlines Group Inc said on Thursday that Qatar Airways, the Gulf country's state-owned airline, had expressed interest in buying a 10 percent stake worth at least $808 million in the No.1 U.S. airline. The news comes just weeks after Qatar was engulfed in a diplomatic row with neighbor Saudi Arabia, which led other nations including Egypt, the...

  • The Israel Religious Action Center filed the case on behalf of Renee Rabinowitz— an 83- year-old Holocaust survivor who had said she felt humiliated when an El Al flight attendant asked her to move from her seat at the request of an ultra-Orthodox man. It said El Al was ordered to pay Rabinowitz about $1,700 in damages. In a statement, El Al said the sides had reached...

  • DALLAS— State-owned Qatar Airways is attempting to buy 10 percent of American Airlines, a surprising move that would trigger an antitrust review by the U.S. government and carry political and trade-policy implications. Qatar Airways, however, said it sees a "strong investment opportunity" in American and plans to be only a passive investor with no role in...