President Barack Obama urged Israeli and Palestinian leaders on Wednesday not to let the chance for peace slip away as he opened a U.S.-sponsored summit to relaunch direct talks shadowed by Middle East violence.
U.S. President Barack Obama urged Israel and the Palestinians on Wednesday ...
Israel's defence minister said on Wednesday the Jewish state would be willing to hand over parts of Jerusalem in peace talks with the Palestinians to be launched by U.S. President Barack Obama.
U.S. President Barack Obama was poised on Wednesday to launch a new U.S. push for Middle East peace even as a flare-up of Hamas violence and a deadlock over Israeli settlements loomed as potential deal-breakers.
Egyptian President Hosni Mubarak urged Europe Monday to throw its weight behind U.S.-led efforts to secure a peace agreement between Palestinians and Israelis.
Russia's severe drought may cut its grain output by 40 percent this year, a leading analyst said on Monday, as Russia's weather service forecast short-lived rains in some areas which could help planting for next year.
Leading Russian agricultural analyst SovEcon said it cut its 2010 grain crop forecast to 59.5-63.5 million tons from a previous forecast of 70-75 million tons, a day after Russia's first grain export ban for 11 years kicked in.
Israeli Antiquities Authority (IAA) have discovered a rare gold coin dating back to 2,200 years. It weighs almost an ounce while most gold coins weiged 4.5 gms, CNN reported.
The coin was minted in Alexandria, Egypt, by Ptolemy V and dates to 191 BCE. It is only the second gold Ptolemaic coin ever found in Israel.
U.S. wheat futures bounced back on Wednesday, snapping a three-session losing streak, as traders took positions ahead of a key U.S. government report expected to estimate lower global output after Black Sea crop damage.
BP Plc has asked Kuwait's sovereign wealth fund to raise its share in the company to three percent, the al-Anba newspaper reported on Monday.
Internet sales of counterfeit and pirated goods to European consumers are frustrating attempts to stem illegal trade, a European Commission report said on Thursday.
BP Plc defended its embattled chief executive on Wednesday and denied a report he would leave soon as the company explored a new approach in the Gulf of Mexico to end the worst oil spill in U.S. history.
BP denied a report its embattled chief executive would leave soon, as it lined up $7 billion in asset sales to help pay for the worst oil spill in U.S. history, lifting its shares on Wednesday.
BP Chief Executive Tony Hayward will step down within the next 10 weeks, the Times newspaper reported, as the company battles to remain independent after the worst oil spill in U.S. history.
BP Plc said on Tuesday it reached a deal to sell $7 billion in assets to Apache Corp as the British oil company raises money to cover costs related to the oil spill in the Gulf of Mexico.
Al Qaeda's No. 2 leader mocked President Barack Obama for voicing confidence over victory in Afghanistan, in an Internet message posted on Monday.
Hundreds of Egyptians protested in Cairo and other cities on Friday over the death of an activist, whose case has raised concerns among Western governments and has spurred demonstrations at home calling for political change.
World Bank studies the business environment for FDI in various nations
Shareholders in BP balked Monday at reports it would seek a strategic investor to ward off takeover bids, as the clean-up costs of its massive U.S. oil spill topped $3 billion.
In a blow to Indian jewelers, the US has stopped the duty-free status for gold necklaces from India as the product was found to be competitive in US markets.
Earlier, US used to allow duty-free status to certain products from developing countries to help them expand their economies. Other items that have been struck off the duty-free list are passenger tyres from Thailand and wood flooring from Brazil.
G8 wealthy countries said on Saturday that the global economic crisis threatened to undermine 2015 global targets for reducing extreme poverty worldwide, but avoided bold new aid promises.
Leading policymakers expressed concern on Friday about the health of the world economy even as they closed ranks behind the euro zone's efforts to tackle a debt crisis that has rattled global markets.
G20 finance ministers and central bankers will endorse efforts to douse the euro zone's debt crisis but are far apart on the contentious issue of a global bank levy, a senior South Korean official said on Friday.
