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Wires

  • DUBAI, Jan 21- Gulf stock markets mostly edged down on Sunday with Saudi Arabia pulling further away from a major resistance level, although a surge by fuel distributor ADNOC Distribution buoyed Abu Dhabi. Dairy company Almarai dropped 1.9 percent after reporting fourth-quarter net profit of 513 million riyals, down from 536 million riyals a year ago and below...

  • DAVOS, Switzerland, Jan 21- European leaders will be out in force at the World Economic Forum in Davos this week to defend multilateralism before U.S. Politicians, business chiefs, bankers and celebrities will meet in the Swiss Alps under the banner "Creating a Shared Future in a Fractured World" for the four-day gathering against an unsettling global backdrop.

  • *Oman says favors new deal, may discuss in November. MUSCAT, Jan 21- Saudi Arabia's energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018, but said this might mean a new form of deal rather than continuing the same supply cuts that have boosted prices in recent months. It was the first time that Saudi Arabia had...

  • CAIRO, Jan 21- Egypt's Finance Minister Amr El Garhy said on Sunday the country had paid $200 million in arrears owed to foreign oil companies in January, and would pay another $550 million in February and March. Egypt owed foreign oil companies $2.4 billion at the end of June 2017, the petroleum ministry said this week. Cairo has pledged to eliminate arrears by the...

  • CAIRO, Jan 21- Egypt's Finance Minister Amr El Garhy said on Sunday the country had paid $200 million in arrears owed to foreign oil companies in January, and would pay another $550 million in February and March. Egypt owed foreign oil companies $2.4 billion at the end of June 2017, the petroleum ministry said this week. Cairo has pledged to eliminate arrears by the...

  • BEVERLY HILLS, Calif.— Women and inclusivity continued to dominate the awards season conversation Saturday at the Producers Guild Awards, where Guillermo del Toro's fantastical romance "The Shape of Water" won the top award and honorees like Jordan Peele and Ava DuVernay gave rousing speeches to the room of entertainment industry leaders.

  • WELLINGTON, New Zealand— A rocket launched from New Zealand on Sunday successfully reached orbit carrying small commercial satellites. California- based company Rocket Lab said its Electron rocket, which carries only a small payload of about 150 kilograms, successfully deployed an earth imaging and two other satellites for weather and ship tracking after...

  • KABUL, Jan 21- Afghan Special Forces ended an overnight siege at Kabul's Intercontinental Hotel on Sunday, killing the last gunman from a group of three attackers who stormed the hotel, taking hostages and battling security forces for hours. Interior Ministry spokesman Najib Danish said at least five other people had been killed and six wounded, a lower...

  • WASHINGTON— Feuding Democrats and Republicans in Congress are trying to dodge blame for a paralyzing standoff over immigration and showing few signs of progress on negotiations needed to end a government shutdown. The finger-pointing Saturday played out in rare weekend proceedings in both the House and Senate, where lawmakers were eager to show voters...

  • WASHINGTON— Thousands of federal employees began their weekends gripped with doubt, uncertain of when they'll be able to return to work and how long they'll have to go without being paid after a bitter political dispute in Washington triggered a government shutdown. A shutdown plan posted on the Treasury Department's website shows that nearly 44 percent of...

  • Essential services such as the mail and Social Security checks continue. The air traffic control system stays up and running, as do the FBI, Customs and Border Protection and veterans hospitals. But those serving abroad and expecting the American Forces Network to broadcast radio and television programming will miss the NFL playoffs.

  • WASHINGTON— He wrote a book on the art of negotiation and was elected to office claiming he alone could end Washington gridlock, but President Donald Trump's latest attempt to broker a big, bipartisan deal has turned into a big mess. "Negotiating in politics is a lot different than real estate," said GOP strategist Alex Conant. Nobody runs for Congress because they...

  • Jan 20- Social Finance Inc is in discussions with Anthony Noto, a top Twitter Inc executive, to become the online lender's chief executive, the Wall Street Journal reported on Saturday, citing sources. Noto, Twitter's chief operating officer, has been offered the CEO position at SoFi, the report said, and was expected to make a decision in the coming days.

  • KABUL, Jan 21- Afghan Special Forces moved through Kabul's Intercontinental Hotel floor by floor on Sunday fighting the surviving gunmen who attacked the hotel a day earlier, seizing hostages and staging an overnight siege. Najib Danish, an interior ministry spokesman, said at least five people had been killed and six wounded in the raid, which came days after a...

  • WASHINGTON, Jan 20- President Donald Trump and Republican lawmakers were locked in a standoff with Democrats on Saturday over the U.S. government shutdown, with Republicans saying they would not negotiate on immigration until the government is reopened. Funding for federal agencies ran out at midnight with no agreement in Congress, meaning the second year of...

  • It focuses on an undocumented immigrant, Luis Bracamontes, charged in the 2014 killings of two police officers in Sacramento, California. The man's lawyers had questioned his sanity but a judge found him mentally competent to stand trial, according to a report last week in the Sacramento Bee. The new ad is likely to anger Democrats and immigration advocates and...

  • It focuses on an undocumented immigrant, Luis Bracamontes, charged in the 2014 killings of two police officers in Sacramento, California. The man's lawyers had questioned his sanity but a judge found him mentally competent to stand trial, according to a report last week in the Sacramento Bee. The new ad is likely to anger Democrats and immigration advocates and...

  • KABUL, Jan 20- Gunmen attacked Kabul's Intercontinental Hotel on Saturday, seizing hostages and exchanging gunfire with security forces as the building in the Afghan capital caught fire and residents and staff fled. Several people had been killed and at least six wounded in the raid, which came days after a U.S. embassy warning of possible attacks on hotels in...

  • WASHINGTON— He wrote a book on the art of negotiation and was elected to office claiming he alone could end Washington gridlock, but President Donald Trump's latest attempt to broker a big, bipartisan deal has turned into a big mess. "Negotiating in politics is a lot different than real estate," said GOP strategist Alex Conant. Nobody runs for Congress because they...

  • Funding for federal agencies ran out at midnight with no agreement in Congress, meaning the second year of Trump's presidency began without a fully functioning government. A trip by Trump and some Cabinet members to the World Economic Forum in Davos, Switzerland, was in flux, White House budget director Mick Mulvaney said, with the situation being assessed on a...