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  • FRANKFURT, Sept 4- Germany's Lufthansa is excited by the possibilities offered by the opening up of Iran, especially for its maintenance and catering divisions, the airline group's chief executive told Reuters. Carsten Spohr said he would be travelling to Iran shortly and that talks with partners had intensified. Iran and six world powers struck a deal on...

  • *Iran paid $87 mln for Romanian rig to bypass sanctions. *Broker says he is targeted by interests in Tehran. DUBAI, Sept 4- Four years after Iran spent $87 million to buy an oil drilling rig that was never delivered, the broker in the deal has given his side of a story he describes as a cautionary tale for Western investors impatient for an end to sanctions.

  • MADRID, Sept 4- Spain is sending a high-level government and business delegation to Iran next week, joining other countries drawn to Tehran by the possibility of lucrative opportunities that could be unlocked by a nuclear deal. Business delegations from around the world have hurried to Tehran since Iran and six major world powers reached a nuclear deal on July...

  • President Barack Obama in Washington on Friday to seek more support in countering Iran, as the Obama administration aims to use the visit to shore up relations after a period of tensions. The visit is the king's first to the United States since ascending to the throne in January, and comes after the United States agreed to a nuclear deal with Iran in July, raising...

  • SINGAPORE, Sept 4- Gold held declines from a two-day losing streak on Friday, ahead of a crucial U.S. jobs report as traders waited for clues about the timing of a Federal Reserve rate hike. *Spot gold was little changed at $1,125.31 an ounce by 0040 GMT, after losing about 1 percent in the last two sessions. The metal fell to a one-week low of $1,121.35 on Thursday.

  • *U.S. crude for October delivery was up 3 cents at $46.78 barrel by 0012 GMT, after settling 50 cents higher in the previous session. *Iran's Supreme Leader, President Hassan Rouhani said he favours a parliamentary vote on its nuclear deal with world powers and called for sanctions against Tehran to be lifted completely rather than suspended, state television...

  • French carmakers duel over Iran Thursday, 3 Sep 2015 | 1:30 AM ET

    *Renault takes aim at Peugeot in Iran. PARIS, Sept 3- France's PSA Peugeot Citroen, the biggest-selling European carmaker in pre-sanctions Iran, has hit a setback in its bid to reclaim that throne: domestic rival Renault. Now Renault plans to use $560 million of its cash that had been trapped in Iran to seize the advantage, after July's international deal to lift...

  • WASHINGTON, Sept 2- Saudi Arabia is in advanced discussions with the U.S. government about buying two frigates based on a coastal warship that Lockheed Martin Corp is building for the U.S. Navy, and could reach agreement by the end of the year, according to sources familiar with the talks. President Barack Obama in Washington this week, as Washington and Riyadh seek...

  • NEW YORK, Sept 2- Looking for ways to help the hundreds of the thousands of refugees and migrants en route to the European Union to flee wars and poverty? Below is a list of humanitarian organizations that are distributing aid and services within Europe as well as in the Middle East. International Rescue Committee: This New York-based group has an emergency team in...

  • SodaStream chief accuses boycotters of anti-Semitism Wednesday, 2 Sep 2015 | 2:23 PM ET

    IDAN HANEGEV INDUSTRIAL PARK, Israel— The chief executive of SodaStream, the beverage maker that is shuttering its West Bank factory in the face of international boycott calls, accused his company's critics Wednesday of anti-Semitism and hurting the interests of the Palestinian workers they claim to protect. Citing financial reasons, SodaStream announced...

  • Saudis to talk output cuts at THIS level: Trader Wednesday, 2 Sep 2015 | 1:06 PM ET
    The sun sets over an oil refinery in Saudi Arabia.

    Saudi Arabia will try to jockey the oil market with comments about cutting production once crude prices fall below $44, Phillip Streible said.

  • ADDIS ABABA, Sept 2- Djibouti's relaunched national airline, now managed by a company run by the frontman of English heavy metal band Iron Maiden, is looking to remake itself as an Africa- wide air freight service, it said on Wednesday. Tiny Djibouti is sandwiched between Eritrea, Somalia and Ethiopia in the Horn of Africa, sitting strategically at the Red Sea and...

  • WASHINGTON, Sept 2- Saudi Arabia is in advanced discussions with the U.S. government about buying two frigates based on a coastal warship that Lockheed Martin Corp is building for the U.S. Navy, and could reach agreement by the end of the year, according to sources familiar with the talks. President Barack Obama in Washington this week, as Washington and Riyadh seek...

  • Qatar companies get more time to meet labor requirement Wednesday, 2 Sep 2015 | 11:12 AM ET

    DOHA, Qatar— Companies in energy-rich Qatar will have a few more months to comply with a system designed to ensure workers get paid on time. The official Qatar News Agency on Wednesday quoted Labor and Social Affairs Ministry official Khalid Abdullah al-Ghanim as saying the deadline for employers to meet requirements of the "wage protection system" is now Nov. 2.

  • CAIRO, Sept 2- The discovery of the Zohr natural gas field off Egypt will not undermine private-sector negotiations about buying gas from Israel, Egypt's petroleum minister said, playing down fears that potential deals could be under threat. The find raised concerns in Israel's gas industry that its Leviathan field would lose a deal to supply gas to a liquefied...

  • CAIRO, Sept 2- Libya's official government is struggling to woo oil majors in a bid to control oil revenue and force a rival Tripoli government into a U.N. peace deal because foreign clients are wary of breaking with the established state energy firm in the capital. By appointing its own NOC management and inviting firms to a conference in Dubai, the east has...

  • PYONGYANG, North Korea— If an Air Koryo passenger ignores its no-photography rule, a flight attendant might take the camera and delete the pictures herself. Crumpling up a newspaper bearing the image of North Korean leader Kim Jong Un can earn travelers a stern lecture, or worse. They are clearly not the world's worst airline, "said Simon Cockerell, of the Koryo...

  • Commodities tomorrow: Crude down 8% Tuesday, 1 Sep 2015 | 3:38 PM ET
    Commodities tomorrow: Crude down 8%

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

  • JERUSALEM— Egypt's new natural gas bonanza is causing an uproar in Israel, with energy stocks plummeting and recriminations over indecisiveness and infighting that have delayed production from the country's own gas fields. The government is currently struggling to get parliament to approve its natural gas business plan, but observers fear Israel may need...

  • DUBAI, Sept 1- Iranians are likely to become major buyers of Dubai property again if sanctions against the Islamic Republic are lifted, providing a much-needed fillip to the emirate's real estate sector, consultants Cluttons said. Dubai property prices have fallen slightly this year, ending a sustained rebound from 2008-9 crash after tougher regulations to...