* Proposes pipeline by 2014 * Giants set sights on LNG deals * Noble Energy, the Texas-based exploration company that is expected to start drilling for gas deposits in an offshore block south of Cyprus in a few week’s time, is keen to bid for a second block once the government starts auctioning some or
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The outlook on Oman's banks remains stable, Moody's Investors Service said in a new report that reflects a combination of positive and negative factors. The positives include Oman's improved operating environment; the banks' solid capitalisation under Moody's base-case and stress-case scenarios; stable funding bases and high liquidity buffers; low levels of non-performing loans (NPLs); and
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Finland's eurosceptic opposition True Finns party said on Friday either debt-burdened countries like Greece should leave the euro zone or wealthier countries like Finland should get out to avoid the hefty costs of bailing out poorer ones. The vehemently anti-euro rhetoric of True Finns leader Timo Soini helped his previously obscure party to make a
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If you like to push yourself and are a bit of an adrenaline junkie, then online men's magazine AskMen's (www.askmen.com) top 10 list of extreme vacations may be just the thing for you. Reuters has not endorsed this list: 1. Go shark-baiting Only one thing better than experimenting with high-tech vehicles is turning one into
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The global car industry descends on Frankfurt next week to show off the latest models it hopes will fend off an economic slowdown in some of its biggest markets, as government spending cuts chip away at consumer confidence in Europe. Car makers are also facing slowing growth in China, now the world's number one auto
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The municipality of Limassol in Cyprus has claimed the Guinness World Record for the world's biggest wine glass as of Thursday night. Measuring 3.37 metres in height and 1.73 metres at its widest point the large vessel was unveiled during the inaugurating ceremony of the Wine Festival of Limassol. Limassol Mayor Andreas Christou received on
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Cash-strapped Cyprus is in talks for a 2-2.5 bln euro loan either from or set up through the Russian government to refinance maturing debt and plug a deficit hole, local media reported on Friday. Authorities declined to confirm or deny the report. Finance Minister Kikis Kazamias said it was known that authorities had been
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Microsoft email services are gradually being restored following a worldwide outage that knocked email services including Windows Live Hotmail and MSN.com offline. Microsoft is now scrambling to bring its services, including its cloud-based software Office 365, back online. “We’re aware of an outage impacting Hotmail, SkyDrive, and our other properties. We are actively working to
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President Barack Obama on Thursday ordered a redoubling of U.S. counter-terrorism efforts in the face of a "credible but unconfirmed" threat ahead of the 10th anniversary of the Sept. 11, 2001 attacks. U.S. officials, speaking to Reuters on condition of anonymity, said the threat involved Washington D.C. and New York City, which were targeted in
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U.S. President Barack Obama challenged Congress on Thursday to enact a $447 bln package of tax cuts and new spending to revive a stalled job market but he faces an uphill fight to win over Republicans and restore public faith in his economic stewardship. With his poll numbers at new lows amid frustration with 9.1%
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