Fox Business - The Power to Prosper
Search Site

Wednesday, April 7, 2010 as of 11:14 AM ET

Israel

More Headlines »« Less Headlines

Israel, officially the State of Israel (; , , ; , , ), is a parliamentary republic in the Middle East, along the eastern shore of the Mediterranean Sea.

Read More at Wikipedia
Oil Prices Rise, Outlook Remains Negative

Brent crude oil prices gained on Friday, supported by a lack of progress in nuclear negotiations with Iran, returning investor focus to fears over supply if tension over the issue intensifies.

Brent crude rose 46 cents to $107.01 a barrel by 1040 GMT. U.S. crude added 46 cents to $91.12.However oil was still down almost 13 percent this quarter, its biggest such drop since late 2008, and with a lack of any significant positive newsflow, analysts were braced for further losses."There's no real reason for the gain. There is no resolution to the euro zone issues, it just looks like a rebound after a long fall," said Bjarne Schieldrop, analyst at SEB in Norway.The composite PMI on Thursday indicated core nations such as Germany and France were being caught up in the downturn, even as they made contingency plans to deal with financial and economic turmoil in the event Greece quits the euro.Talks on Iran's nuclear programme reached a stalemate, with Western countries insisting Iran must cease ...

Read More

  1. Noble Energy 1Q Net Soars On Higher Prices, Lower Derivatives Losses

    DOW JONES NEWSWIRESNoble Energy Inc.'s (NBL) first-quarter profit surged as the oil-and-gas explorer reported stronger sales volume and realized prices for crude oil...

  2. Delek Real Estate Controlling Holders Fail To Reach Deal With Bondholders

    Delek Real Estate Ltd.'s (DLKR.TV) controlling shareholders said Tuesday they will stop supporting the company financially on May 6 after last-minute talks on a bond...

  3. Bank Hapoalim Asks Delek Real Estate To Repay Loans Immediately

    Delek Real Estate Ltd. (DLKR.TV), which earlier this week agreed to liquidation as it couldn't meet payments to bondholders, said Thursday it has received a request ...

  4. Tamar Partners To Pay $380 Million To Use Yam Tethys Facilities

    The partners in Israel's offshore Tamar natural gas field said they will pay $380 million to use the gas processing facilities of the Yam Tethys consortium, which op...

  5. Israel's Pinnacle Well Will Begin Producing Gas In July

    Two Israeli energy companies, Avner Oil and Gas Ltd. Partnership (AVNR.L.TV) and Delek Drilling Ltd. Partnership (DEDR.L.TV), said Monday that one of their small exp...

  6. Israel's Tamar Partners Sign $700 Million Contract With Paz Oil

    The partners in Israel's offshore Tamar natural gas field said Monday they have signed a supply contract worth $700 million with Paz Oil Co. Ltd. (PZOL.TV).The contr...

  7. Israel Corp Sees Performance Improving After Quarterly Loss

    Israel Corp. (ILCO.TV) said Thursday it expects many of its businesses to fare better this year, as it swung to a fourth-quarter net loss due to the poor performance...

  8. Israel Corp Reports Loss On Poor Performance Across Businesses

    Israel Corp. Ltd. (ILCO.TV) Thursday posted a fourth-quarter loss due to the poor performance of its major subsidiaries.The holding company with interests mainly in ...

  9. ICL Signs Deal To Sell Potash To Chinese Customers

    Israel Chemicals Ltd. (ICL.TV) said Wednesday it signed a deal to sell 550,000 metric tons of potash to Chinese customers in the second quarter.ICL didn't say how mu...

  10. Israel Gazit-Globe Profits Down On Weaker Shekel

    Israeli real-estate company Gazit-Globe Ltd. (GLOB.TV) said Wednesday its net profit for the fourth quarter was slightly down at 223 million shekels ($60.3 million),...

  11. Israel's Strauss Reports Flat Fourth-Quarter Profit

    Israeli food company Strauss Group Ltd. (STRS.TV) said Tuesday a write down on two subsidiaries and social pressure to contain retail prices despite higher input cos...

  12. Paz Oil Posts Quarterly Loss, Warns Of Difficult Year Ahead

    Israel's Paz Oil Company Ltd. (PZOL.TV) Monday said it expects business to remain difficult this year as it posted a net loss of 33 million shekels ($8.91 million) f...

  1. Bank Of Israel : Bank System 'Robust' Despite Moody's Downgrade

    The Bank of Israel on Wednesday said the country's banking system is "robust," following Moody's Investor Services' downgrade of the banking system's outlook.On Tues...

  2. Shufersal Sees Results Improving After Quarterly Profit Drops

    Israeli grocery chain Shufersal Ltd. (SAE.TV) said Wednesday it expects efficiency measures and the expansion of its discount retail business to improve its financia...

  3. Tel Aviv Court Approves Liquidation Of Delek Real Estate

    Delek Real Estate Ltd. (DLKR.TV) said Thursday a Tel Aviv court has approved a request by bondholders to liquidate the company.A court-appointed receiver will overse...

  4. Obama’s Afghanistan Stop: Campaign Victory Lap?

    Jonathan Schanzer, Foundation for Defense of Democracies VP of research, and Frank Gaffney, founder and president of the Center for Security Policy, on President Obama’s visit to Afghanistan.

  5. Azrieli Buys Rest Of Technology Building For ILS48 Million

    Israeli real-estate development and investment company Azrieli Group Ltd. (AZRG.TV) said Wednesday it bought the other 50% of a half-owned building complex in a scie...

  6. Koor, IDB To Report 1st-Quarter Gains From Credit Suisse Shares

    Israel's Koor Industries Ltd. (KOR.TV) said Monday that it will record a gain of 490 million shekels ($131 million) to its net profit for the first quarter due to th...

  7. NYSE Receives Cyber Threat Against Website

    The New York Stock Exchange has received a credible threat to disrupt its external website as part of an apparent cyber attack attempt against a number of U.S. excha...

‹ Prev12345Next ›
Freebase CC-BY
Source: Israel on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL