While offshore natural gas discoveries have spurred Lebanese and Israeli saber-rattling in a region widely viewed as rich in energy resources, a London analyst said it is too early to make categorical claims about the size and ownership of the potential reservoirs. In the last several months, Noble Energy Inc., based in Houston, Tex., and Israeli companies have announced two offshore gas discoveries known as Tamar and Leviathan that they say may hold about 24 trillion cubic feet of gas.
Britain's ambassador to Lebanon said she regretted any offence caused by her blog praising Grand Ayatollah Mohammed Hussein Fadlallah, an early spiritual mentor of Hezbollah who died on Sunday.
Jewellery exports and quality of India's gold is set to get a boost with the decision to join the Convention on Control and Marking of Articles of Precious Metals known as Vienna Convention 1972.
CNN has fired a senior editor for Middle East news after she published a Twitter message that said she respected a Lebanese Shi'ite cleric branded a terrorist by the United States, U.S. and British media said on Thursday.
Israel is giving tough competition to India's Surat in diamond processing. according to half-yearly figures, Israeli diamond industry is showing clear-cut signs of recovery. In this period, exports and imports of polished and rough diamonds jumped by an average of 104% over the first half of 2009.
Whoever said it's all about the economy, stupid, got it only partially right. It is indeed all about the economy, or at least half of it is about the economy. The rest is about a country's national interest. Typically, nations act or react to situations involving one of the above-mentioned
Europe must solve its sovereign debt crisis so as not to endanger the uneven global economic recovery, which is led by China and emerging economies, central bankers said on Sunday.
The United States is urging Syria to open up its markets to U.S. companies' computers and software, but fears over piracy and Internet access restrictions are holding back American technology companies from investing there.
The global financial crisis appears to be in its final stages, although some countries are still experiencing a recession, Bank of Israel Stanley Fischer said at an International Monetary Fund-World Bank meeting on Sunday.
Burger King Holdings Inc said on Monday it expects unfavorable foreign exchange rates, primarily related to the euro, to reduce earnings for the current quarter by 1 to 2 cents per share.
Burger King Holdings Inc said on Monday it expects unfavorable foreign exchange rates to reduce earnings for the current quarter by 1 to 2 cents per share, and to have a neutral to slightly negative impact on full-year results.
The euro fell to a 4-year low against the dollar on Tuesday as fears the euro zone's debt crisis could spread to its banking system hit the single currency, while deteriorating sentiment supported the greenback.
Gold prices extended gains in Asian trade Tuesday mainly on geopolitical tensions that boosted its appeal as a safe haven investment asset. Gold for immediate delivery was seen trading at $1222.11 an ounce at 11.30 a.m Singapore time while U.S. gold futures for August delivery was at $1,220.40 an ounce.
Gold has exploded recently, making new highs against every major currency in the world.
U.S. drugmakers Pfizer Inc and Merck & Co Inc posted better-than-expected quarterly results, helped by cost savings from their respective mega-mergers that could boost results for several more years.
Bank of Israel Governor Stanley Fischer said on Sunday Israel could become a leading economy globally if a Middle East peace deal is reached but that the key challenges for now were to accelerate growth and cut poverty.
Europe took the first steps toward a massive roll-out of electric vehicles on Wednesday, backing up past rhetoric with plans for pan-European standards that the industry has cried out for.
Israel will begin allowing people to bring Apple iPads into the country starting on Sunday, two weeks after customs began confiscating the tablet computers for fear they would interfere with other wireless devices.
Data protection and privacy chiefs from 10 countries issued a joint letter pushing search engine giant Google to improve respect for data privacy, Canada's Office of the Privacy Commissioner said on Tuesday.
A new treatment has been discovered to help treat erectile dysfunction, however, the men might wince at the thought of this idea. Researchers from Israel have reported promising preliminary results from using low-intensity shock wave therapy to help treat vasculogenic erectile dysfunction (ED).
If you are looking for a top-notch degree, here are the most prestigious and rewarding ones from around the world.
Cancer victims who have a breast removed do not necessarily live longer, a new study concluded. Researchers said some patients with breast cancer appear to live just as long whether they choose treatment preserving their breast or have mastectomy.
