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

Middle East

The Middle East or Mideast is a region that encompasses Western Asia and all of or part of Northern Africa, depending on the context.

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Verifone CEO on Strong Growth Internationally

Verifone CEO Doug Bergeron on the company’s second-quarter earnings and overseas growth.

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  1. Lenovo 4Q Profit Up 59%; Outpaces Industry Growth

    Lenovo Group Ltd. (0992.HK, LNVGY) bucked the tough times in the personal computer business with a 59% rise in fiscal fourth quarter net profit, and it said it expec...

  2. Eni: Middle East Refining Boom A Problem For European Refiners

    Eni SpA (E), Italy's biggest energy company by market value, said Tuesday that a refining boom in the Middle East is putting pressure on European refiners because th...

  3. S Korea Not Planning Iran Crude Import Halt Before US, EU Decisions -Official

    A South Korean official said Tuesday that media reports this week that suggested South Korea would stop importing crude oil from Iran in the next couple of months re...

  4. Qantas Splits Flights Units As Jetstar Boss Departs

    Qantas Airways Ltd. (QAN.AU) said Tuesday it has split its struggling international flights operation into a separate business unit, as part of a wider restructure t...

  5. Leighton Plans Assets Sales, Prepares Habtoor JV For IPO

    Leighton Holdings Ltd. (LEI.AU) sought Tuesday to reassure investors the Australian construction firm was positioned for growth despite the turmoil in Europe, and wa...

  6. Nasdaq Does Well Despite Facebook’s Decline

    FBN’s Nicole Petallides on the good day for the Nasdaq despite the decline for Facebook shares.

  7. Iraq Earns $8.8 Billion From Oil Sales In April; Highest For Decades

    Iraq's revenues from oil sales in April climbed to $8.79 billion, the highest the Middle Eastern country has achieved for decades, the oil ministry said in a stateme...

  8. Leighton Chairman Says Middle East JV A Mistake -Paper

    The chairman of Leighton Holdings Ltd. (LEI.AU) said the contractor's alliance with the Al Habtoor Group in the Middle East has become a long-term problem and that t...

  9. Defying Sluggish Global Trend, 1Q Mobile Sales Grow 16% In MEA -Gartner

    Defying signs of a global slowdown, sales of mobile devices in the Middle East and Africa rose 16% in the first quarter, fueled a growing appetite for smartphones, w...

  10. Inflation Report Offers Good News -- With a Catch

    The Bureau of Labor Statistics (BLS) announced Tuesday that there was no inflation overall in April. This is good news, but the reasons behind it may not be so good....

  11. Total: Fallout Of Arab Spring Will Sustain High Prices

    High oil prices will be sustained in part through increased social spending by Middle Eastern governments in the wake of the Arab spring, Total SA (TOT) Chief Econom...

  12. Caterpillar Machine Sales Growth Slows In All Regions

    Caterpillar Inc. (CAT) said Thursday global sales growth of construction and mining machinery slowed in April but was up 12% on a rolling three-month basis from a ye...

  1. IPO WATCH: Evonik, Georgian Railway Show Twin-Track Europe

    Evonik Industries AG's decision to press ahead with a Frankfurt listing as Georgian Railway pulls a planned London float highlights Europe's increasingly divided equ...

  2. ENRC Appoints 2 New Independent Board Directors, Promotes Another

    Eurasian Natural Resources Corp PLC (ENRC.LN) said Friday it has appointed two new independent non-executive board directors, and promoted another to senior independ...

  3. What is the U.S.’s Role in the Middle East ?

    London School of Economics Professor Fawaz Gerges on the state of America’s relationship with the Middle East .

  4. Severstal 1Q Net Down 18% On Lower Prices, Sees 2nd Half Recovery

    Russia's largest steel producer OAO Severstal (CHMF.RS) said Thursday its first-quarter net profit was down 18% on lower realized prices and an additional allowance ...

  5. NetApp's Europe Exposure Leads To Warning, Stock Selloff

    NetApp Inc. (NTAP) on Wednesday joined a growing list of technology companies issuing bleak financial guidance, citing ongoing economic uncertainty--especially in Eu...

  6. Oil Prices Hit 7-Month Low

    GRZ Energy President Anthony Grisanti on the outlook for oil prices.

  7. How to Move the U.S. Toward Cheap Plentiful Energy

    Joel Kurtzman of the Milken Institute weighs in on the natural gas and oil boom.

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