ISRAEL

Iran says may hit Western warships if attacked

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Iran's defence minister warned on Tuesday that the Islamic Republic could strike back at Western warships in the Gulf if it were attacked over its nuclear programme, the semi-official Fars news agency reported.
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Merkel calls for more sanctions against Iran

Chancellor Angela Merkel said on Monday Germany would be preparing possible further sanctions against Iran in the weeks ahead if there was no change in Tehran's stance on its disputed nuclear energy program.
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Israel urges Hamas to rein in Gaza militants

Israeli Defense Minister Ehud Barak urged the Gaza Strip's Hamas rulers on Monday to rein in militant groups behind a surge in attacks on Israel, coupling his appeal with a veiled threat of Israeli action.
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Israel vows powerful response to Gaza attacks

Prime Minister Benjamin Netanyahu vowed on Sunday to launch an immediate and powerful response to any rocket fire at Israel after days of increased tension along the border with Hamas-ruled Gaza.
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Palestinians seek to shut down settler trade

Prime Minister Salam Fayyad threw a box of settler products on a bonfire this week as Palestinians pushed a campaign to cleanse their markets of goods made by Israelis living in the West Bank.
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Teva sees revenue more than doubling by 2015

Teva Pharmaceutical Industries Ltd , the world's largest generic drugmaker, on Thursday set a target of revenue of $31 billion in 2015, more than double its current annual amount as it sees major growth in overall use of generics.
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Israel launches air strikes in Gaza: Hamas

Israel launched three air strikes in the Gaza Strip on Thursday, witnesses and the Islamist group Hamas said, after a day in which about a dozen mortar bombs and rockets fired from the territory struck inside the Jewish state.
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Surat sees hope as Israel's diamond exports soar

With Israel's polished diamond exports more than doubled to $308.2 million in December 2009, Surat hopes to improve its diamond trade in 2010. Surat's diamond traders expect that the new year will spell a boom for the diamond business in the city, which processes almost every diamond made in the world.
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Abbas, Mubarak discuss peace at Egyptian resort

SHARM EL-SHEIKH, Egypt (Reuters) - Palestinian President Mahmoud Abbas gave no indication on Monday of any resumption soon of peace talks with Israel, despite optimism of progress voiced by officials on both sides. Abbas met Egyptian President Hosni Mubarak at the Egyptian resort of Sharm el-Sheikh, but did not make any comment at a brief news conference about Israeli Prime Minister Benjamin Netanyahu's proposal for an Egyptian-hosted summit with Abbas.Israel, Egypt and the United States wa...
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Netanyahu proposes Egypt peace summit

Israeli Prime Minister Benjamin Netanyahu has proposed an Egyptian-hosted summit with Palestinian President Mahmoud Abbas as a possible way to resume stalled peace talks, Israeli officials said on Thursday.
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Signs of movement seen in stalled Mideast process

Israeli and Palestinian officials suggested on Wednesday progress had been made towards resuming negotiations following Egyptian-Israeli talks on a year-long deadlock in the Middle East peace process.
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Thousands mourn Pakistan bomb victims

Several thousand mourners attended funerals on Tuesday for victims of a suicide bombing that killed 43 people in Pakistan's commercial capital, an emotional reminder of a raging Taliban insurgency.
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Pilgrims crowd Bethlehem on warm Christmas eve

Thousands of Christians crowded into Bethlehem on an unseasonably warm Thursday evening, before celebrating Christmas midnight mass in the Church of the Nativity at the birthplace of Jesus.
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Telefonica buys Internet phone provider Jajah

Spain's Telefonica (TEF.MC) said on Wednesday its O2 unit had bought voice-over-Internet-protocol provider Jajah for 145 million euros ($207.6 million). The all cash deal is subject to approval by Spain's antitrust authorities, Telefonica said.
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2010 to be key year in fight against nuclear arms

Next year will be crucial for global nuclear non-proliferation efforts and all eyes will be on the United States and Russia to see if the two top atomic powers can reach a deal to reduce their arsenals.
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Israel won't pay any price to free soldier

A German mediator arrived in the Gaza Strip on Tuesday with Israel's response to a proposed deal with Hamas to secure the release of a captured Israel soldier in exchange for hundreds of Palestinian prisoners.
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Netanyahu holds marathon talks on Israel-Hamas swap

Israeli Prime Minister Benjamin Netanyahu held marathon talks with cabinet ministers on Monday but without any announcement for a prisoner swap with Gaza's Hamas rulers to secure the release of a captured soldier.
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OncoGenex, Teva in deal for cancer therapy

OncoGenex Pharmaceuticals Inc (OGXI.O) has entered into a licensing deal with Israel's Teva Pharmaceutical Industries Ltd (TEVA.O) (TEVA.TA) for its cancer therapy, and said Teva will make an equity investment in the U.S. company.

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