ISRAEL

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Netanyahu proposes bi-weekly meetings with Abbas

Israeli Prime Minister Benjamin Netanyahu has proposed meetings with Palestinian President Mahmoud Abbas every two weeks to improve the prospects of Middle East peace talks, a diplomatic source said on Friday.

Intel to buy TI's cable modem unit

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Intel Corp said on Monday that it would buy the cable modem product line of chip maker Texas Instruments Inc in order to expand its consumer electronics chip business.

Russia to limit Uralkali foreign bid at 15 pct

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Russia is keen to create a national potash mining champion via the merger of its two biggest companies in the sector and may allow a small stake to be bought by an overseas player, analysts said on Friday.
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Clash on Israel-Lebanon Border Holds Potential for Strategic Escalation

The August 3, 2010, armed clash along the Israeli-Lebanese border was a significant strategic incident. On Thursday, July 29, 2010, Israel notified UNIFIL that a few Israeli soldiers would be crossing the security fence in order to cut a tree and remove a few shrubs in Israeli territory but near the Blue Line (the actual border between Israel and Lebanon). This foliage blocks the view of Israeli security cameras positioned deep inside Israel. Israel also notified UNIFIL that these soldiers would...
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This wheelchair is nothing to sniff at

A device that detects the subtle movements needed to sniff air through the nose or mouth can steer a wheelchair or allow completely paralyzed people to type messages, Israeli researchers reported on Monday.
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Ownership of Offshore Israel Gas Deposits Speculative Without Further Drilling

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.
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Vienna convention to boost India gold export

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.
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CNN fires veteran editor for Mideast over Tweet

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.
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Israel's diamond biz signals boom

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.
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How Realistic Is a Change of US Policy Regarding Israel?

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
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Tech companies seeking business in Syria

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.
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Global crisis seems near final stage: Israel's Fischer

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.
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Burger King sees EPS hit due to currency

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.
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Burger King sees Q4 EPS hit due to currency

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.
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Gold rises on geopolitical tensions

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.
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Pfizer, Merck results beat estimates, shares rise

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.
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Peace would make Israel a top global economy

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.
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Europe charts route for electric car roll-out

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.

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