By Marice Richter GRAPEVINE, Texas (Reuters) - The Boy Scouts of America will vote on Thursday on a proposal to remove its ban on openly gay scouts that has been in
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The 971 Report - Finance Focus
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- CEO-elect of UAE's fraud-hit RAKBANK has quit-sources Reuters Middle East - 1 hour 13 minutes ago
By Stanley Carvalho ABU DHABI, May 23 (Reuters) - The proposed new chiefexecutive of National Bank of Ras al-Khaimah (RAKBANK), one of two banks More »
- Hit by recession, Mediterranean refiners battle oil shortage Reuters Middle East - 1 hour 14 minutes ago
* Structural shortage as sour crude is scarce, light oil -plentiful * Supplies of traditional sour barrels in Med halved in past5 years * Eni buys More »
- Oil falls to three-week low on China, Fed concerns Reuters Middle East - 1 hour 28 minutes ago
* Chinese factory activity shrinks, raising demand doubts * U.S. single-family home sales rise 2.3 pct * Euro zone business downturn eases in May-PMI More »
- OPEC seaborne exports to fall in 4 weeks to June 8-analyst Reuters Middle East - 1 hour 32 minutes ago
LONDON, May 23 (Reuters) - Seaborne oil exports from OPEC,excluding Angola and Ecuador, will fall by 100,000 barrels perday (bpd) in the four weeks More »
- Obama may limit drone use, discuss Guantanamo in major speech Reuters Middle East - 1 hour 54 minutes ago
* New details on how to close Guantanamo * Obama been battered by scandals over secrecy * Pentagon may take control of some drones from CIA (Adds More »
- Egypt T-bills yields rise on c.bank decree, tight liquidity Reuters Middle East - 2 hours 7 minutes ago
CAIRO, May 23 (Reuters) - Egyptian treasury bill yields roseat an auction on Thursday and the central bank cut the offeringsize as the market More »
- UAE's NBAD raises convertible bond issue to $465 mln Reuters Middle East - 2 hours 12 minutes ago
* Hikes size to $465 mln from $350 mln * High demand for rare Gulf, highly-rated convertible * Pricing at tight end of 1-1.5 pct coupon (Adds size More »
- MIDEAST STOCKS-Gulf mkts fall as global sell-off spooks investors Reuters Middle East - 2 hours 13 minutes ago
By Nadia Saleem DUBAI, May 23 (Reuters) - Most Gulf markets fell on Thursdayas a sell-off on international bourses spurred regionalinvestors to cash More »
- PRECIOUS-Gold up as dollar, shares slide; Fed Bullard comments help Reuters Middle East - 2 hours 14 minutes ago
* U.S. dollar falls 0.5 percent versus basket of currencies * China PMI shrinks for first time in 7 months * U.S. weekly jobless claims fall more More »
- NBAD's $465m convertible bond benefits from rarity value Reuters Middle East - 2 hours 18 minutes ago
By Abhinav Ramnarayan LONDON, May 23 (IFR) - National Bank of Abu Dhabi tookadvantage of rarity value to upsize its convertible bond issueto US$465m More »
- Tel Aviv Stock Exchange extends trading day to overlap with U.S. Reuters Middle East - 2 hours 23 minutes ago
JERUSALEM, May 23 (Reuters) - Trading hours on the Tel AvivStock Exchange (TASE) will be extended by one hour next month tooverlap more with Europe More »
- U.S. crude falls $2, drops below 200-day moving average Reuters Middle East - 2 hours 55 minutes ago
NEW YORK, May 23 (Reuters) - U.S. crude futures fell morethan $2 and pushed below the 200-day moving average on Thursday,as a decline in China's More »
- Dubai fund ICD may raise $2 bln loan target after heavy demand Reuters Middle East - 3 hours ago
By David French DUBAI, May 23 (Reuters) - Investment Corporation of Dubai(ICD), the holding company for some of the emirate's best-knowncompanies, More »
- POLL-Bank of Israel may cut rates for 2nd time in a month Reuters Middle East - 3 hours ago
By Steven Scheer JERUSALEM, May 23 (Reuters) - The Bank of Israel could lowershort-term interest rates for the second time this month nextweek to More »
- Deals of the day -- mergers and acquisitions Reuters Middle East - 3 hours ago
May 23 (Reuters) - The following bids, mergers, acquisitionsand disposals were reported by 1330 GMT on Thursday: ** U.S. industrial conglomerate More »
- Egypt to issue smart cards to fuel stations next month Reuters Middle East - 3 hours ago
CAIRO, May 23 (Reuters) - Egypt will begin using smart cardsin the next few weeks to distribute gasoline and diesel, OilMinister Sherif Haddara said More »
- Horse racing-UAE to make doping horses a criminal offence Reuters Middle East - 4 hours ago
By Martin Dokoupil DUBAI, May 23 (Reuters) - Giving anabolic steroids to horses will become a criminal offence in the United Arab Emirates, Prime More »
- Huawei's Middle East revenue rose 18 pct in 2012 -executive Reuters Middle East - 5 hours ago
* Huawei's Middle East revenue was $2.08 bln last year * 4G take-up, outsourcing and network gains drive growth By Matt Smith DUBAI, May 23 (Reuters) More »
- Iraq's state-owned Trade Bank eyes Lebanon, Turkey - president Reuters Middle East - 5 hours ago
By Stanley Carvalho ABU DHABI, May 23 (Reuters) - State-owned Trade Bank of Iraq(TBI) plans to expand its domestic presence as well as openbranches More »
- STOCKS NEWS MIDEAST-Dubai slips but pares some losses; Gulf mkt dip Reuters Middle East - 5 hours ago
1110 GMT - Selling pressure on Dubai's bourse lessens but itcloses lower for the day and other regional markets alsoretreat, taking worries over More »
Forbes News
Partners In Power: The World's Most Influential Couples
From tackling global crises to raising teenagers, these powerful pairs make it look easy. More »
The World's Most Powerful Women 2013
Our annual snapshot of the top 100 women in business, politics, celebrity, philanthropy, billionaires, media More »
America's Pink Slip Capitals
Mass layoffs in the private sector are down significantly--but pink slips are still plentiful in California. More »
The Best- And Worst-Paying Jobs In America
These are the 10 highest- and 10 lowest-paying jobs in the U.S., according to the BLS. More »
Personal Finance
After Some Preening, American Eagle Could Fly Again
Management has to reinvest in the business, but the market seems to be undervaluing American Eagle's cash More »
Cost Improvements Are Good, But Hewlett-Packard Needs Revenue Growth
Restructuring seems to be helping margins, but HP needs revenue growth to really turn around More »
Broker Commissions Are Here To Stay
With two developed nations adopting a firm anti-commission stance, questions have arisen over whether or not More »
Ski-Doo IPO Raises $254 Million: Should You Buy?
Read on and I'll look into if you should buy Ski-Doo's stock once it becomes available. More »
International Business
- Apple enjoyed Irish tax holiday from the start Reuters - 50 minutes ago
By Poornima Gupta and Padraic Halpin SAN FRANCISCO/DUBLIN (Reuters) - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to
- US new home sales jump in April AFP - 2 hours 19 minutes ago
Sales of newly built homes in the United States jumped in April and prices surged as demand picks up against a still constricted supply, the Commerce Department
- US stocks sink after global rout; S&P loses 1.1% AFP - 3 hours ago
US stocks opened sharply lower Thursday after the plunge in the Japanese market sparked a selloff throughout Asia and Europe.
Islamic Finance
Fitch affirms Majid Al Futtaim Holding LLC at 'BBB'; stable outlook
May 23 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has affirmed More »
Reuters Middle East - 7 hours agoTurkey to decide on new sukuk issue types this week
(Adds quotes, background) ISTANBUL, May 22 (Reuters) - Turkey will decide this week onregulations which could More »
Reuters Middle East - Wed, May 22, 2013Turkey seen allowing five new sukuk issue types- board chairman
ISTANBUL, May 22 (Reuters) - Turkey's Capital Markets Boardis working on five new types of sukuk issues as it More »
Reuters Middle East - Wed, May 22, 2013Islamic Finance Gateway Daily Briefing
Islamic Finance Gateway Daily BriefingTuesday, May, 22 - The Islamic Finance Gateway (IFG) Briefing,published More »
Reuters Middle East - Wed, May 22, 2013
Markets & Exchanges
Sudan, S. Sudan vow to keep oil flowing, differ on pumping problem
* Sudan and South Sudan pledge to keep oil pipeline open * Mistrust still prevails between the long-time foes More »
Reuters Middle East - 13 minutes agoU.S.'s Kerry samples Palestinian shawarma and sweets
RAMALLAH, West Bank, May 23 (Reuters) - U.S. Secretary ofState John Kerry stepped off the diplomatic track on More »
Reuters Middle East - 54 minutes agoTurkish assets fall on U.S. stimulus worries
ISTANBUL, May 23 (Reuters) - Turkish assets fell on Thursdayin line with other emerging markets as concern More »
Reuters Middle East - 56 minutes agoHit by recession, Mediterranean refiners battle oil shortage
* Structural shortage as sour crude is scarce, light oil -plentiful * Supplies of traditional sour barrels in More »
Reuters Middle East - 1 hour 14 minutes ago
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