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Egyptian Gas Cutoff Is Business Not Politics: Netanyahu
“We don’t see this cutoff of the gas as something that is born out of political developments. It’s actually a…
Italy Police Capture $4 Bln of U.S Securities
Italy financial police have seized U.S. securities with face values of about $1.5 billion (930.0 million pounds)…
Qatar Increases Its Stake in Total to 3%, Undecided on Further Buys
Qatar Holding, a unit of the Gulf nation's sovereign wealth fund, has increased its stake in French oil group Total…
Yen Falls Most in 2 Months Against Euro
The yen lost the most against the euro since February amid speculation the Bank of Japan (8301) will add…
Euro Reaches 2-Week High Against Dollar On German Outlook
The euro touched its strongest level in two weeks versus the dollar after German business confidence unexpectedly…
Wheat Reserves Reach 1.103 Mln Tons in Alex Harbor
The wheat reserves reached 1.103.632 million tons in Alexandria harbor. The regulatory authorities took all the…
Statoil Fuel Agrees To Alimentation Bid Of $2.8 Bln
Canada's Alimentation Couche-Tard Inc has agreed to buy Norway's Statoil Fuel and Retail for $2.8 billion, a move…
Oil Prices To Rise If Iran Halts Exports to OECD: IMF
The International Monetary Fund (IMF) warns crude prices could rise by 20 to 30 percent this year if Iran halts oil…
US Sanctions On Iran’s Oil To Eliminate Economic Rivals: FM Spokesman
Iran's Foreign Ministry Spokesman Ramin Mehmanparast says one of the main reasons behind the US sanctions against…
Egypt’s Wheat Reserves Surge 35%; Q1/2012
Ali Sharaf El Din, Chairman of the Chambers of Cereal & Its Products of the Federation of Egyptian…