Browsing Category
The Watch
Saudi Oil Sales to U.S. jump
Saudi Arabia is preparing to extend this year's unexpected jump in oil sales to the United States, adding to…
Oil Futures fall below $105 pb
Oil futures turned lower Thursday, after wavering between losses and gains, as traders mulled reports that the…
Global Food Prices to see Decline as Demand Growth slows: UN
World food prices will drop this year as increases in unemployment in developing and developed countries slows…
Cabinet approves 100-Megawatt Solar Power Project Establishment
The Cabinet in its meeting under Prime Minister Kamal el-Ganzouri on 14/3/2012 agreed to establish a 100-megawatt…
Egypt buys 120,000 Tons of U.S, Canadian Wheat: GASC
Egypt bought 120,000 metric tons of U.S. and Canadian soft red winter wheat after a tender today, Nomani Nasr…
Apple’s Shares reach $600
Shares of Apple reached $600 for the first time on Thursday, setting yet another milestone for the stock market's…
Lufthansa warns of Lower Profits amid Debt Crisis
German airline Deutsche Lufthansa AG on Thursday warned of lower profits this year due to high fuel prices and…
Japanese Yen hits an 11-month US Dollar low
The yen has hit an 11-month low against the dollar as the US currency strengthened on hopes of a recovery in the…
China Mobile Profits rise in 2011
Profits at China Mobile, the world's largest mobile operator by subscribers, have risen by 5% as its customers…
E.On: ‘Past The Worst’ Amid Annual Loss
The Energy company E.On has claimed it is "past the worst", but still made an annual loss in 2011. The German firm…
