Israel

Norway's sovereign fund, which is the largest in the world, sold all its shares to Israel's Paz Retail and Energy, because the company owns and runs infrastructure that supplies fuel to Israeli settlements on the West Bank. The Council on Ethics of the fund, which is responsible for overseeing the fund's ethical standards, had adopted a stricter interpretation in August, aimed at businesses that support Israel's activities in the occupied Palestinian Territories. In December, the first divestment took place from Israeli telecoms company Bezeq. The fund operates according to guidelines set forth by the Norwegian parliament. It is regarded as...

The world's largest sovereign wealth fund has sold its entire stake in Israel's Paz Retail and Energy, because the company owns and runs infrastructure to supply fuel to Israeli settlements on the West Bank occupied by Israel, the fund said. The Council on Ethics of the fund, which is responsible for overseeing the fund's ethical standards, had adopted a stricter interpretation in August, aimed at businesses that support Israel's activities in the occupied Palestinian Territories. In December, the first divestment took place from Israeli telecoms company Bezeq. The fund operates according to guidelines set forth by the Norwegian parliament. It...

Donald Trump stated on Monday that he believes Iran intentionally delays a deal on a nuke with the United States. He also said Iran must give up any efforts to develop a nuclear weapon, or else face a possible strike on Tehran's nuclear facilities. Trump said to reporters that he believes the Iranians are using us as pawns. He made this statement after U.S. Special Envoy Steve Witkoff had met with a senior Iranian government official in Oman, on Saturday. Iran and the United States both said that they had "positive" and constructive" talks in Oman. The second round of...

His press secretary warned reporters Friday, ahead of Saturday's talks between U.S.-Iran delegations. White House Press Secretary Karoline Leavitt stated that Trump's "ultimate goal is to ensure that Iran cannot obtain a nuclear weapons" and that Trump believed in diplomacy. However, she added that "all options" are available if diplomatic attempts fail. "He's made it clear to the Iranians and his team of national security will do the same, that all options were on the table and Iran had a choice. The president believes that if you don't agree with President Trump's demands, there will be hell to pay. Leavitt...

The oil prices fell on Wednesday, as market concerns about a Sino-U.S. new trade war and rising U.S. stockpiles offset President Donald Trump’s renewed push to end Iranian crude exports. Brent crude futures fell 39 cents or 0.51% to $75.81 per barrel at 0427 GMT. U.S. West Texas Intermediate (WTI), a crude oil produced in the United States, lost 26 cents or 0.36% to $72.44. Oil traded across a range on Tuesday, with WTI dropping at one point to its lowest level since December 31, after China announced tariffs against U.S. imports for oil, natural gas liquefied and coal as...

Saudi Arabia's. foreign minister stated on Tuesday he did not see Donald Trump's. new administration increasing the danger of an IsraelIran. dispute, attending to a problem the area has actually feared since the. start of Israel's war in Gaza. Prince Faisal bin Farhan Al Saud also stated in Davos that he. hoped President Trump's method to Iran would be consulted with a. willingness by Tehran to favorably engage with the U.S. administration and address the problem of its nuclear programme. Certainly a war in between Iran and Israel, any war in our. area is something we ought to try to...

Oil costs held constant on Friday, on track for a weekly rise of 5%, as the Ukraine war magnified and Chinese imports were set to increase in November. Brent crude futures climbed 33 cents, or 0.44%, to $ 74.56 a barrel by 1008 GMT. U.S. West Texas Intermediate crude futures rose 27 cents, or 0.39%, to $70.37 per barrel. Both agreements are set for gains of 5% this week, the greatest weekly rise since late September, as Moscow steps up its Ukraine offensive after Britain and the United States allowed Kyiv to strike Russia with their weapons. Putin stated on...

A United Nations resolution that ended the last round of lethal dispute in between Hezbollah and Israel in 2006 is viewed as the cornerstone of a brand-new ceasefire being worked out by the United States. Adopted in August 2006, the 19-paragraph resolution was key to ending the month-long war between Israel and Hezbollah in 2006 and leading the way for long-lasting stability along the border. The resolution mandated an instant cessation of hostilities, with both celebrations consenting to stop battling. While important, the ceasefire dealt with challenges and violations throughout the years, but it laid the structure for ending open...

Oil edged up on Wednesday in the middle of an escalation in the Ukraine war and indications of growing Chinese crude imports, while rising U.S. unrefined stocks inspected total cost gains. Brent unrefined futures got 9 cents, or 0.1%, to $ 73.40 a barrel by 0003 GMT. U.S. West Texas Intermediate crude futures increased 14 cents, or 0.2%, to $69.53 per barrel. U.S. petroleum stocks were seen rising by 4.75 million barrels in the week ended Nov. 15, market sources stated on Tuesday, pointing out American Petroleum Institute figures. Gas stocks, however, fell by 2.48 million barrels. Extract stocks likewise...

Oil costs edged down on Wednesday after market data revealed U.S. unrefined inventories had swelled more than expected, while the marketplace kept watch on diplomatic efforts in the Middle East as Israel continued attacks on Gaza and Lebanon. Brent unrefined futures dipped 31 cents, or 0.4%, to $ 75.73 a barrel by 0011 GMT. U.S. West Texas Intermediate crude futures shed 32 cents, or 0.5%, to $71.42 per barrel. Unrefined futures settled greater in the two previous sessions this week. With oil rates swinging from oversold to overbought area within short time frames, maintaining a position in either side of...

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their precision. The Times - Walgreens Boots Alliance, which runs more than 8,700 shops in the United States and 2,000 Boots pharmacies in the UK, stated on Tuesday it would shut 1,200 shops in the U.S. over the next 3 years. - British financing minister Rachel Reeves is drawing up plans for as much as 40 billion pounds ($ 52.28 billion) worth of tax rises and costs cuts to prevent a return to austerity. The Guardian...

Gulf states are lobbying Washington to stop Israel from attacking Iran's oil sites since they are concerned their own oil facilities could come under fire from Tehran's proxies if the conflict intensifies, 3 Gulf sources informed Reuters. As part of their efforts to prevent being caught in the crossfire, Gulf states including Saudi Arabia, the United Arab Emirates and Qatar are likewise declining to let Israel fly over their airspace for any attack on Iran and have actually conveyed this to Washington, the 3 sources close to government circles stated. Israel has guaranteed Iran will pay for its missile attack...

The U.S. said on Sunday that the arrangement between Lebanon and Israel would remain in impact till Feb. 18, after Israel said on Friday it would keep soldiers in the south beyond the Sunday due date set out in a. U.S.brokered ceasefire that halted last year's war with. Hezbollah. The arrangement in between Lebanon and Israel, kept an eye on by. the United States, will continue to be in impact till February. 18, 2025, the White House said in a declaration. Israeli forces killed 22 individuals in south Lebanon on Sunday. as a due date for their withdrawal passed and...

The head of the World Health Organization on Monday called for an end to attacks on healthcare facilities in Gaza after Israel struck one and raided another in the past couple of days. Medical facilities in Gaza have as soon as again end up being battlegrounds and the health system is under severe danger, WHO Director-General Tedros Adhanom Ghebreyesus said in a post on X. We repeat: stop attacks on health centers. Individuals in Gaza require access to healthcare. Humanitarians require access to offer health help. Ceasefire! he included. The Israeli military said Hamas militants were the targets of a...

The World Bank said on Thursday the continuous conflict in between Israel and Hezbollah has triggered $8.5 billion in damage and losses to Lebanon, with last figures expected to be significantly higher as the conflict continues. Ignited by the Gaza war, the conflict had actually been rumbling on for nearly a year before Israel went on the offensive in September, pounding Lebanon with airstrikes and sending out soldiers into the south. Lebanon faces estimated economic losses of $5.1 billion over 12 months, driven mostly by heavy effect on commerce, tourism, and agriculture. Direct physical damage in Lebanon totals up to...

The Israeli military purchased citizens of 22 southern Lebanese towns on Saturday to leave to areas north of the Awali River, which flows from the western Bekaa Valley into the Mediterranean. The order, interacted via a military declaration, points out villages in southern Lebanon that have actually been current targets of Israeli attacks, a number of which are currently practically empty. The Israeli military stated that evacuations were essential for the safety of locals due to increased Hezbollah activities, declaring the group is using sites to conceal weapons and launch attacks on Israel. Hezbollah denies concealing its weapons amongst civilians....

Gold prices slipped to their least expensive level in nearly 2 weeks on Wednesday, extending declines to a. fourth straight session as markets priced in smaller sized ratecut. bets for the U.S. Federal Reserve's policy meeting this month. Spot gold dropped 0.2% to $2,486.99 per ounce since. 9:42 a.m. ET (1342 GMT). U.S. gold futures fell 0.2% to. $ 2,518.30. The pressure has actually mainly been associated with an. expectation that the Fed's going to just cut by 25 basis points. in September, said Peter A. Grant, vice president and senior. metals strategist at Zaner Metals, including the prospects for...

Gold costs held steady on Wednesday as investors braced for a month-to-month U.S. payrolls report that might influence how swiftly and deeply the Federal Reserve cuts interest rates this year. Spot gold held its ground at $2,491.01 per ounce, as of 0624 GMT. U.S. gold futures steadied at $2,522.20. Before the non-farm payrolls report on Friday, job openings information on Wednesday and the ADP employment and jobless claims reports on Thursday will remain in focus. Traders see a 41% chance of a 50-basis-point (bp) rate cut on Sept. 18 and a 59% opportunity of a 25-bp reduction, according to the...

Israeli opposition leader Yair Lapid gotten in touch with Sunday for a strike to close down the economy in order to pressure the federal government to reach an offer to launch the staying captives in the Gaza Strip. Lapid, who is likewise a previous prime minister, contacted every Israeli whose heart was broken today to join a significant demonstration in Tel Aviv later in the day. He also contacted Israel's. primary labor union, businesses and municipalities to go on strike. His remarks came after Israel recuperated the bodies of 6. more captives from captivity in Gaza. The powerful Histadrut labour...

Gold costs acquired on Thursday, sustained by strong expectations of a Federal Reserve rate cut in September with financiers focusing on U.S. inflation information for further insights on the prospective size of the cut. Spot gold included 0.3% to $2,510.44 per ounce by 9:29 a.m. ET (1329 GMT). U.S. gold futures increased 0.2% to $ 2,543.60. The marketplace appears to be booking a rate cut no matter what, and now it is just a concern of what size-- how huge of a rate cut does the Fed do, stated Everett Millman, chief market analyst with Gainesville Coins. My expectation right...

A possible restriction by Colombia's. government on coal exports to Israel would violate international. arrangements and put market self-confidence and foreign investment at. danger, the nation's private mining association said late. Thursday. Bloomberg reported on Thursday that the commerce ministry. could disallow coal shipments to Israel, after leftist President. Gustavo Petro cut diplomatic ties with the Middle Eastern. country in May in protest of its actions in Gaza. A source at the commerce ministry told there. presently exists no order, resolution or decree which would. restrict or restrict coal exports to Israel. Petro has strongly criticized Israeli Prime Minister. Benjamin...

A. buzz saw gnashed against metal pipes in one corner of a. spacious storage facility being built in the foot hills of Jerusalem. Far on the other side of the dim hall, two workers grapple with. a pit of unfinished flooring. All the rest is void. Simply 25 employees now toil on the three-story building, where. six months earlier they numbered 125. The missing out on workers are among some 200,000 Palestinians who. utilized to commute daily from the West Bank, along with 18,500 from. Gaza, all now locked out of Israel because the start of the Gaza. war over...

The following quotes, mergers, acquisitions and disposals were reported by 1930 GMT on Friday: ** Sapiens International, an Israel-headquartered insurance coverage software firm with a market price of almost $2. billion, is exploring choices that consist of a potential sale,. according to people familiar with the matter. ** A consortium consisting of monetary corporation. Macquarie is buying a part of Digi Interaction NV's. fiber networks in Spain for up to 750 million euros. ($ 809.63 million), the Bucharest-based operator said. ** Allianz agreed to offer Firefighter's Fund, its. U.S. insurance coverage system for mid-sized corporations and home entertainment. industry customers,...

Thyssenkrupp Nucera remains optimistic about hydrogen in the United States even if a Republican prospect must win this year's election, its CEO stated, adding that the group had alternative plans ought to the marketplace fail to provide. Werner Ponikwar, speaking to reporters after presenting strong first-quarter outcomes, stated that the majority of the hydrogen tasks presently under development were located in areas or states that were typically more conservative. This also speaks in favour of the truth that stability is If there is a change of, likely to be preserved even federal government, Ponikwar stated, including that the Inflation Decrease...