Egypt began closing its breached border with the Gaza Strip on Friday, using barbed wire and water cannons to keep Palestinians from leaving the Hamas-controlled territory in defiance of an Israeli blockade.
U.S. Wheat rose sharply on Monday, reaching trading limits, driven by higher demand and export sales.
President Bush, in the Mideast to push along a peace deal by the end of his presidency, gave orders to both sides on Wednesday. He told Israelis that illegal outposts in disputed land must go and told Palestinians that no part of their territories can be a safe haven for terrorists.
U.S. President George W. Bush's visit to the Middle East this week will evoke widespread hostility in a region where many view him as a war-monger pursuing U.S.-Israeli hegemony, not peace and democracy. In the Arab street, Bush is seen as the man whose invasions of Afghanistan and Iraq to wage war on terrorism brought chaos to the region and more recruits to al Qaeda.
Reliance Industries (RIL), India's most valuable firm in terms of market capitalisation and owner of world's third largest refinery, will be setting aside up to $15 billion for making world-scale acquisitions in the energy sector besides investing more than $12 billion for development of gas exploration off the country's east coast.
Global stocks erased early losses on Monday, dollar money market tensions eased and the U.S. currency held near one-month highs against the yen ahead of an expected Federal Reserve interest rate cut this week.
France's Lafarge, the world's biggest cement maker, has agreed to buy Egypt's Orascom Cement for 8.8 billion euros ($12.81 billion) to boost its earnings and exposure to high-growth emerging markets.
Naguib Sawiris, the billionaire head of Egyptian cell phone group Orascom Telecom, has approached Vivendi about a possible telecoms tie-up but the pair failed to agree on price, Les Echos said on Friday.
Egyptian President Hosni Mubarak held talks on Thursday with Jordan's King Abdullah and was due to meet the Palestinian president to coordinate positions ahead of a U.S.-sponsored peace conference.
The malls are full, the cars are fast, the fashions are sharp -- conspicuous consumption is king as Saudis enjoy the benefits of oil at almost $100 a barrel.
British-based mobile phone giant Vodafone Group Plc raised full-year profit and sales forecasts on Tuesday after a strong set of half-year results topped consensus expectations, sending its shares climbing.
Sanctions are not the way to resolve the deepening international confrontation over Iran's nuclear ambitions, China said on Tuesday, while also urging Tehran to be more compromising.
The U.N. nuclear watchdog head Mohamed ElBaradei met India's prime minister on Thursday in a long-scheduled trip as time started to run out for the government to press forward with a nuclear deal with the United States.
Global warming will produce stay-at-home tourists over the next few decades, radically altering travel patterns and threatening jobs and businesses in tourism-dependent countries, according to a stark assessment by U.N experts.
Egypt's ancient city of Luxor has become the latest spot to offer super high-speed WiMax wireless Internet technology, encouraging visitors to stay connected while they tour the city's Pharaonic temples.
Japan's Nikkei average rose 0.9 percent on Thursday as higher oil prices pushed up energy stocks and trading firms, while TDK Corp gained on its plan to buy Thai-based Magnecomp Precision Technology.
Private equity firm Blackstone Group is in talks to buy a minority stake in Italy's No. 2 fixed-line phone operator Wind, two years after it lost out in a bid battle for the company, a person familiar with the situation said on Wednesday.
They've become as much a symbol of Africa's landscape as the stereotypical lions and plains
The United States sealed a deal on Thursday to provide Israel with $30 billion in defense grants over the next decade, a 25 percent boost that Washington describes as strengthening a regional bulwark against Iran.
India's most valuable company in terms of market capitalization, the Reliance Industries Ltd. has agreed to invest $10 billion in Egypt's oil refining, petrochemicals and plastic industries, according to Egyptian Government officials.
Two main Egyptian stock indexes broke lifetime closing highs on Sunday as Orascom Construction Industries continued a share price rise sparked by fresh expansion, traders said.
The World Trade Organization swore in David Unterhalter from South Africa as a member of the Appellate Body by the Body's Chairman, A.V. Ganesan, at a ceremony on Thursday.
