By Adrian Croft JERUSALEM, July 21 (Reuters) – In the first speech to the Israeli Knesset by a British prime minister, Gordon Brown on Monday will warn Iran it faces growing isolation if it rejects an offer from major powers on its disputed nuclear programme. Brown will pledge to stand by Israel and condemn threats
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By Emma Pinedo MADRID, July 20 (Reuters) – Five small bombs exploded in northern Spain on Sunday, including four at popular seaside resorts in Cantabria which were claimed by the Basque separatist group ETA and sent thousands of people fleeing for cover. One woman was hurt by a flying stone and another treated for shock
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Store groups have to adapt or die as online retail sales soar, and time is running out. Bricks-and-mortar retailers need to emphasise their advantages over cheaper Internet-based rivals, such as faster delivery and better customer service, and turn their shops into more attractive places to visit, analysts say. They also need to expand their own
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By David Bailey and Kevin Krolicki By pledging to cut $10 billion in costs, General Motors Corp has convinced investors and creditors that the immediate risk of bankruptcy has faded. After touching 54-year lows, GM shares have rallied by 45 percent this week, and the cost to insure the top U.S. automaker's debt against default
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In the heart of earnings season, U.S. stock market investors will scrutinize a raft of regional bank earnings this week for more write-offs that could send the market tumbling. The S&P 500 and the Nasdaq snapped a six-week losing streak on Friday with financials helping to drive the market higher on the back of stronger-than-expected
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Jordan is poised to emerge as one of the region’s leaders in ‘green building’ design and construction, with the Ministry of Public Works and Housing in Amman strengthening its initiatives to implement compliance to environment-friendly building codes among all developers in the country. Two building policies were passed recently, which will mandate developers to adopt
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Microsoft Gulf, in collaboration with Kuwait Ministry of Commerce and Industry, recently conducted raids on two computer shops using personal computers loaded with pirated software in Hawalli, Kuwait. In its capacity as a member of the Business Software Alliance (BSA), Microsoft provided the essential information that helped Kuwaiti authorities identify and raid the illegal traders.
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The European Commission has adopted a strategy favouring the take-up of mobile TV across the 27 EU member states urging the industry to facilitate and accelerate the deployment of mobile TV across Europe and to encourage the use of DVB-H as the single European standard for mobile TV. “Mobile broadcasting is a tremendous opportunity for
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Hermes Airports Ltd took over in May 2006 the management of the existing airports and at the same time the construction of new airports at Larnaka and at Pafos at a cost of about €856.000.000, an amount which includes equipment and the new extensions which are now under way. The Pafos airport will be completed
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By Sumeet Desai LONDON, July 18 (Reuters) – Britain may have to relax its own fiscal rules after data on Friday showed public borrowing at record levels, threatening to breach the restrictions the government set itself on how much debt it can take on. Public sector net borrowing for the first quarter of the financial
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