EGYPT

Gold dips on data, earnings

IBTimes Logo
Gold prices eased a touch in Europe on Wednesday after well received U.S. economic data and a spate of upbeat corporate earnings deflected interest away from bullion on to higher-risk, higher-yielding assets.

Stock futures point to weaker open after jobs data

IBTimes Logo
U.S. stock index futures pointed to a slightly lower on Wednesday as a strong reading on the labor market failed to convince investors to add to gains a day after the Dow and S&P advanced to their highest close in about 2-1/2 years.
More news
IBTimes Logo

Economic recovery drives world stocks higher

World stocks punched fresh 29-month highs on Wednesday, lifted by strong data pointing to sustained global economic recovery, continuing positive corporate earnings and easing concerns about Egypt.
IBTimes Logo

BOJ's Kamezaki says Japan economy near end of lull

Japan's economy will emerge from a lull toward spring and is certain to pull out of deflation over time, a Bank of Japan policymaker said, offering an upbeat take on the outlook on budding signs of a recovery.
In a video feed provided by the White House, President Barack Obama delivers remarks on the situation in Egypt on February 1, 2011. Obama called for an orderly and peaceful transition to a new government that must "begin now."

Obama says Egypt transition must 'begin now'

After Egyptian President Hosni Mubarak said on Tuesday he would stay in power for months until stepping down by the next election, President Barack Obama called for a new government in Egypt and said an orderly transition must be meaningful, peaceful and begin now.
 Hosni Mubarak (Oct. 1981-?):

Mubarak to step down in months, protesters defiant

Egyptian President Hosni Mubarak vowed to step down at the next election, would stay on to enact reforms in the next few months, and said authorities would pursue those responsible for destructive acts and looting and violence during the protests.

U.S. should support democracy, says professor

The U.S. would be foolish not to support the formation of a new democracy in Egypt, says Rutgers University political science professor and Middle Eastern specialist, Eric Davis.
IBTimes Logo

Dow hits 12,000 as stocks rally

The Dow and S&P 500 closed at their highest levels since June 2008 on Tuesday and looked poised for more gains after strong earnings and signs of a surge in U.S. manufacturing.
IBTimes Logo

UPS profit tops estimates

United Parcel Service, the world's largest package delivery company, reported a quarterly profit that beat estimates and forecast record-high profits in 2011, sending its shares up more than 4 percent.
Marouf al-Bakhit attends a news conference after meeting Iraqi Prime Minister Nouri al-Maliki (unseen) in Baghdad

Jordan's king appoints new PM after protests

King Abdullah of Jordan, a close U.S. ally, replaced his prime minister Tuesday following protests inspired by mass demonstrations in Tunisia and Egypt, but the opposition dismissed the move as insufficient.
U.S. Vice President Joe Biden attends the daily press briefing at the White House in Washington, June 17, 2010.

US doesn't believe in democracy for Middle East : ex-CIA director

The U.S. doesn't uphold democracy in the Middle East, which is highly hypocritical given the country's explicit ideological alliance freedom, democracy, and the universal rights of people, said Robert Grenier, former director of CIA's Counter-Terrorism Center
IBTimes Logo

Synagogue, schools attacked in Tunisia, fear spreads

A synagogue was set on fire in Tunisia overnight and gangs rampaged through schools in the capital on Tuesday, prompting the army to fan out to calm fears of chaos after the revolt that toppled Zine al-Abdine Ben Ali.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.