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  • Iran-naval-warships

    Iran to build more ships, boost naval presence

    The Iranian navy has announced plans to build more warships and increase its presence in international waters at a time of growing tension in the Middle East over Tehran's nuclear programme.

    June 21, 2012 5:16
  • U.S.-sees-apparent-clean-up-at-Iran-site

    US think-tank sees more Iran site “sanitisation” work

    Iran not granting U.N. nuclear inspectors access to Parchin; IAEA suspects high explosives tests carried out there; Western diplomats believe Iran trying to remove any evidence; Iran rejects Parchin accusations as "ridiculous"

    June 21, 2012 11:22
  • brent crude slip

    Brent hits 18-month low on modest Federal action, China data

    Fed offers modest stimulus to weak U.S. economy; Unexpected jump in U.S. crude stockpiles; China factory sector contracts for 8-month running; China’s export order seen at the weakest since early 2009

    June 21, 2012 10:55
  • Iran-oil-sanctions

    Iran oil exports fall more in June, sanctions bite

    Crude exports from Iran this month have dropped to between 1.2 million barrels per day (bpd) and 1.3 million bpd, according to a firm that tracks oil shipments and sources at oil companies.

    June 20, 2012 5:48
  • Aer-Lingus

    Doubts linger over new Ryanair bid for Aer Lingus

    Share price rise well short of 38 pct premium offered; Govt says yet to decide whether to support bid; Says European regulator will consider whether to block; Ryanair holds 30 pct of Aer Lingus, needs 20 pct more; Aer Lingus shares rise 17 pct

    June 20, 2012 5:48
  • Egyptian-pounds-sukuk

    Egyptian pound bid at lowest in more than 7 years

    Egypt's pound was bid at 6.0507 to the U.S. dollar on Wednesday, its weakest in more than seven years, following a week of political turmoil.

    June 20, 2012 5:44