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U.S. to hold economic conference in June to seek boost for Palestinians

The United States will hold an international economic "workshop" in Bahrain in late June to encourage investment in the Palestinian areas as the first part of President Donald Trump's coming Middle East peace plan, the White House said on Sunday.
Tags: businessNews


Oil slips but ends week higher on Mideast supply disruption fears

Oil prices edged lower on Friday due to demand fears amid a standoff in Sino-U.S. trade talks, but both benchmarks ended the week higher on rising concerns over supply disruptions in Middle East shipments due to U.S.-Iran political tensions.
Tags: Money, businessNews, Middle East, Mideast, U S Iran


Mounting tensions with Iran, China leave oil prices in flux

NEW YORK (AP) — A rare mix of geopolitical tensions in the Middle East and China is tugging oil prices in opposite directions and creating uncertainty over where they might land. Deteriorating trade talks between the United States and China, the world’s two largest economies, are posing a serious threat to global economic growth and […]
Tags: Business, New York, News, China, Nation, United States, Middle East, Iran China


London marine insurers widen Middle East threat zone after ship attacks

London's marine insurance market has extended the list of waters deemed high risk to include Oman, the United Arab Emirates and the Gulf after ship attacks off Fujairah, officials said on Friday, in a move that could push up premiums.
Tags: London, Money, businessNews, Middle East, United Arab Emirates, Oman, Gulf


Oil lifted towards $73 by real and threatened supply cuts

Oil edged higher towards $73 a barrel on Friday, supported by real and threatened supply disruptions in the Middle East and heading for a weekly gain.
Tags: Money, businessNews, Middle East


Oil steady as Middle East tensions mounts, set for weekly gains

Oil prices were steady on Friday, giving up earlier gains, and were on track for the first weekly increases this month, as rising tensions in the Middle East stoked fears of supply disruptions.
Tags: Money, businessNews, Middle East


Dragons and white walkers aside, 'Game of Thrones' occasionally has some real science behind it

In "Game of Thrones," Old Nan speaks of the Long Night, a winter that lasted a generation. Not only is this possible, it happened in real life 20,000 years ago, when an ice sheet hundreds of meters thick covered most of Canada and parts of the US. In real life, dire wolves did roam the (American) North, although they didn't grow to the size of horses. The Mountain would never be able to crush a man's head until it burst, since an adult skull can withstand a whopping 1,000 lbs of force. Visit ...
Tags: Asia, New York, New York City, US, Trends, Earth, Canada, Brooklyn, Queens, Middle East, Manhattan, Steve, Starks, Oberyn, Nan, Joffrey


Morrison & Foerster beefs up private funds group with new addition

Law firm Morrison & Foerster has named Zeeshan Ahmedani as a partner for its private funds group. His appointment became effective May 1, 2019. PRESS RELEASE LOS ANGELES – (May 16, 2019) – Morrison & Foerster, a leading global law firm, is pleased to announce that it has elected private funds lawyer Zeeshan Ahmedani to the firm’s partnership, effective May 1, 2019. Mr. Ahmedani, who is based out of Morrison & Foerster’s Los Angeles office, is a partner in the firm’s Private Funds Group. He bring...
Tags: Asia, Hong Kong, Europe, London, China, Singapore, US, Los Angeles, Trends, People, Middle East, North America, Morrison, GIC, Morrison Foerster, Zee


These are the world’s most fragile states in 2019

There are some rankings no nation wants to lead. Yemen has just been named most fragile nation in the Fund For Peace's 2019 Fragile States Index. The least fragile state is Finland.Between these two countries lies the whole spectrum of national stability. The good news is that conditions for most of the world's people are slowly improving, says JJ Messner, Executive Director of the Fund for Peace. "For all the negative press, there is significant progress occuring in the background," he says.The...
Tags: Politics, UK, Singapore, Africa, US, Georgia, Eu, War, Afghanistan, United States, Middle East, Innovation, Protests, Brazil, Finland, Luxembourg


SymphonyAI Group buys Azima Global

SymphonyAI Group said May 15 that it acquired Azima Global. Financial terms weren’t announced. Azima provides machine condition monitoring and asset reliability solutions across several industrial verticals. PRESS RELEASE SymphonyAI Group Acquires Azima Global, a Leader in Machine Condition Monitoring & Reliability Solutions for the Process & Manufacturing Industries The company, renamed Symphony AzimaAI, will expand into industry-pioneering integrated equipment & process monitoring solutions LO...
Tags: Asia, Trends, Tech, ERP, Middle East, Silicon Valley, Boston Massachusetts, Los Altos Calif, Los Altos California, PE Deals, Americas Europe, Romesh Wadhwani, Oppenheimer Co, Azima, CMMS, SymphonyAI Group


Brent oil hovers around $72 on Middle East tensions

Oil prices rose on Thursday for a third day running as fears of supply disruption amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories.
Tags: Money, businessNews, Middle East


Golden Gate to exit ArrMaz in $570 mln sale

Golden Gate Capital said May 16 that it agreed to sell ArrMaz to Arkema Group for about $570 million. ArrMaz produces specialty chemicals for the mining, crop nutrients, asphalt paving, and other industries. PRESS RELEASE Golden Gate Capital to Sell ArrMaz to Arkema Group Business Wire 16 May 2019 SAN FRANCISCO–(BUSINESS WIRE)–Golden Gate Capital, a leading private equity investment firm, today announced that ArrMaz, a global leader in specialty chemicals, has entered into a definitive agreement...
Tags: Africa, San Francisco, Trends, Middle East, M&a, North, Kirkland Ellis, Arkema, Ake, Lazard Middle Market, Dave Thomas, Golden Gate Capital, Moelis Company, Nob Hill Law Group, Arkema Group, Dave Keselica


Oil prices rise for third session on Mideast tensions

Oil prices rose on Thursday for the third day in a row as fears of supply disruptions amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories.
Tags: Money, businessNews, Middle East, Mideast


Oil edges up for third session on Mideast tensions

Oil prices pushed higher on Thursday for a third day in a row, as fears of supply disruptions amid heightened tensions in the Middle East overshadowed an unexpected rise in U.S. inventories.
Tags: Money, businessNews, Middle East, Mideast


Oil firms on Middle East uncertainty, shrugs off U.S. crude build

Oil futures inched up on Wednesday as the prospect of mounting tensions in the Middle East hitting global supplies overshadowed an unexpected build in U.S. crude inventories.
Tags: Money, businessNews, Middle East


WeWork's CEO explains why he thinks his $47 billion company is recession proof, and how he keeps his ego in check as a young billionaire

Adam Neumann, 40, is the cofounder and CEO of WeWork, the global coworking space company valued at $47 billion. WeWork, under its umbrella the We Company, filed for an IPO last December. Analysts are concerned with last year's $1.8 billion in revenue compared to its $1.9 billion in losses. Neumann told Business Insider that WeWork is capable of being profitable, but is choosing to invest in rapid global expansion. He said that it is well-positioned for a potential economic downturn in the US, ...
Tags: Japan, New York, Saudi Arabia, China, Ipo, Boston, Softbank, New York City, Africa, US, America, San Francisco, Trends, United States, Middle East, Cambridge


Northleaf recruits Sophia Damianou as managing director, EMEA

Northleaf Capital Partners has hired Sophia Damianou as managing director, business development, Europe, the Middle East and Africa. Operating from Northleaf’s London office, Damianou will lead initiatives to develop relationships with institutional investors, consultants and advisors across the EMEA region. Damianou was previously director of marketing and investor relations at CapeView Capital, a U.K. hedge fund manager. Before then, she managed EMEA business development for Mesirow Financial....
Tags: Europe, London, Africa, US, Toronto, Trends, People, United States, Middle East, OECD, Melbourne, Capeview Capital, EMEA, Sophia, Canada Europe, Columbia Business School


TPG healthcare fund CEO to leave, says memo: Reuters

The chief executive of a $1 billion healthcare fund previously managed by Dubai-based private equity firm Abraaj has resigned, an internal memo to employees said. The departure came after U.S. private equity firm TPG took over management of the healthcare fund last week, renaming it Evercare Healthcare Fund. Khawar Mann will resign as chief executive of Evercare to pursue new opportunities, the memo said, adding that Andrew Currie will assume leadership of day-to-day activities. “A search is und...
Tags: Trends, People, Britain, United States, Healthcare, Middle East, Dubai, Gates Foundation, North Africa, Reuters, Mann, Naqvi, Abraaj, TPG, Andrew Currie, Arif Naqvi


Asia oil buyers, shippers go on alert after Saudi ship, facility attacks

Asian shippers and refiners have put ships heading to the Middle East on alert and are expecting a possible rise in marine insurance premiums after recent attacks on Saudi oil tankers and pipeline facilities, industry sources said on Tuesday.
Tags: Asia, Money, businessNews, Middle East


Oil prices fall as U.S. inventories rise, but Middle East tensions support

Oil fell on Wednesday after data showed a surprise rise in U.S. crude inventories and the U.S.-Chinese trade dispute threatened oil demand, although Middle East tensions capped losses.
Tags: Money, businessNews, Middle East


Oil prices fall as U.S. stockpiles rise, but Middle East tensions support

Oil fell on Wednesday after data showed a surprise rise in U.S. crude stockpiles and as Chinese industrial output grew less than expected in April, but prices were supported by mounting tensions in the Middle East.
Tags: Money, businessNews, Middle East


Oil drops on surprise U.S. stockpile rise, but Middle East tensions support

Oil prices fell on Wednesday after data showed a surprise rise in U.S. crude stockpiles and Chinese industrial output for April grew less than expected, but prices were supported by mounting tensions in the Middle East.
Tags: Money, businessNews, Middle East


Oil prices ease on surprise rise in U.S. stockpiles, but Middle East tensions support

Oil eased on Wednesday after closely watched data showed a surprise rise in U.S. crude stockpiles, but prices were supported by mounting tensions in the Middle East.
Tags: Money, businessNews, Middle East


Asia's spot oil prices rise to multi-year highs on tight supply

Prices of Middle East and Russian spot crude grades sold in Asia hit multi-year highs as Asian oil buyers snapped up cargoes amid tighter supplies, trade sources said on Tuesday.
Tags: Asia, Money, businessNews, Middle East


Oil prices fall with Wall St on trade war, give back early gains

Oil futures fell on Monday with Wall Street, as the negative turn in the U.S.-Chinese trade talks spooked investors, who had sent oil higher in early trade on concerns about reports of sabotage attacks on tankers in the Middle East that could disrupt supplies.
Tags: Money, businessNews, Middle East, Wall St


Oil prices seesaw: rise on tanker attacks; retrace gains on trade worry

Oil futures seesawed on Monday, rising early on concerns that tanker attacks in the Middle East could disrupt supplies, then retracing gains as Wall Street slid on worries about the global economy from a standoff in the Sino-U.S. trade talks.
Tags: Money, businessNews, Middle East


Helping businesses grow across all 50 U.S. states

Small businesses play a vital role in American life. From the restaurants that serve as places to gather over a meal, to the bookshops and hardware stores that treat customers like family and sponsor local soccer teams, small businesses are the backbone of our communities.So I’m really proud of the work Google does to help local businesses across the United States use the power of the web to grow and thrive. Our U.S. Economic Impact Report, released today, shows that in 2018, our Search and Adve...
Tags: Google, Europe, Small Business, Mexico, Africa, Digital, Google Analytics, United States, Middle East, Brazil, St Louis, Sara, Buford Georgia, Buford, Amini, Grow With Google


Oil prices up as Middle East tanker attacks heighten supply concerns

Oil futures rose on Monday on increasing concerns about supply disruptions in the Middle East even as investors and traders fretted over global economic growth prospects amid a standoff in the Sino-U.S. trade talks.
Tags: Money, businessNews, Middle East


Oil prices rise as Middle East tanker attack increases supply concerns

Oil futures rose on Monday on increasing concerns about supply disruptions in the crucial producing region of the Middle East even as investors and traders fretted over global economic growth prospects amid a standoff in the Sino-U.S. trade talks.
Tags: Money, businessNews, Middle East


Top Emirates airline executive resigns after dip in profits

DUBAI, United Arab Emirates (AP) — The chief commercial officer at Emirates, the Middle East’s largest airline, has resigned after profits dipped to their lowest level in years. Emirates on Sunday confirmed Thierry Antinori’s resignation. It says Adnan Kazim, who currently oversees a division tasked with revenue optimization and strategic planning, was named acting CCO […]
Tags: Business, News, Ap, Nation, Middle East, Emirates, DUBAI United Arab Emirates, Thierry Antinori, Adnan Kazim



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