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Unlike Russia, one of the world's top oil and gas producers, Israel has very modest energy production. But there is a risk the war could spread to major energy producers in the Middle East and affect oil and gas flows. Second, a deal being brokered by Washington to normalise relations between Saudi Arabia and Israel, which could see the kingdom increase oil output, could be derailed. Saudi Arabia told the White House it is willing to boost oil production early next year to help secure the deal, the Wall Street Journal reported last week. Russian Deputy Prime Minister Alexander Novak added on Thursday that current oil prices factored in the conflict and reflected the market's belief that risks posed by the clashes were not that high.
Persons: Dado Ruvic, Brent, David Goldwyn, Rob Thummel, Janet Yellen, Iranian Oil Minister Javad Owji, Joe Biden, Helima Croft, Biden, Ben Cahill, Prince Abdulaziz, Alexander Novak, Vladimir Putin, Natalie Grover, Ahmad Ghaddar, Alex Lawler, Laura Sanicola, Kirsten Donovan, Cynthia Osterman Organizations: REUTERS, Hamas, U.S . State Department, Tortoise, Iran, U.S, Treasury, Iranian Oil Minister, RBC Capital Markets, Macquarie, SAUDI, Israel, Wall Street, Washington, Strategic, International Studies, Saudi Arabia's Energy, CNBC, OPEC, Organization of, Petroleum, Thomson Locations: Israel, Ukraine, Russia, U.S, Iran, Hormuz, Washington, Saudi Arabia, Strait, Riyadh, Moscow, United States, Tehran, Washington . Saudi Arabia, Saudi, OPEC, London, New York
DUBAI (Reuters) - Iran's foreign minister accused Israel of seeking "genocide" by enforcing a siege against Gaza, according to Iranian state TV, before a visit to Iraq's capital on Thursday. "Today, the continuation of war crimes by (Israeli Prime Minister Benjamin) Netanyahu and Zionists against the civilians of Gaza, besieging, cutting off water and electricity, and denying entry of medicine and food, has created conditions where the Zionists are seeking a genocide of all people in Gaza," Hossein Amirabdollahian said. "The war we witness today in the Gaza Strip is not just the Zionists' war against Hamas, it is the Zionists' war against all Palestinians." (Reporting by Dubai Newsroom; Editing by Andrew Cawthorne)
Persons: Israel, Benjamin ) Netanyahu, Hossein Amirabdollahian, Andrew Cawthorne Organizations: Reuters, Dubai Newsroom Locations: DUBAI, Gaza
Leader of the Conquest Coalition and the Iran-backed Shi'ite militia Badr Organisation Hadi al-Amiri speaks during a news conference with Iraqi Shi'ite cleric Moqtada al-Sadr (not pictured), in Najaf, Iraq June 12, 2018. In Yemen, the leader of the powerful Houthi Movement warned on Tuesday that the group would respond to any U.S. intervention in Gaza with drones, missiles and other military options. The PMF has voiced its "unequivocal support" for the Palestinian factions fighting Israel and the Iraqi government has said the Palestinian operations were a natural outcome of what it calls "oppressive" policies by Israel. In past years, Iranian-backed militias in Iraq regularly targeted U.S. forces in Iraq and the U.S. embassy in Baghdad with rockets, though such attacks have abated under a truce in place since last year, as Iraq enjoys a period of relative calm. Reporting by Ahmed Rasheed, Amina Ismail and Timour Azhari; Editing by Angus MacSwan and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.
Persons: Hadi al, Amiri, Moqtada al, Washington, Hadi Al, Al, Ahmed Rasheed, Amina Ismail, Timour, Angus MacSwan, Mark Heinrich Our Organizations: Conquest Coalition, REUTERS, Rights, Senior, Houthi, Hezbollah, Popular, Forces, U.S, United, Thomson Locations: Iran, Sadr, Najaf, Iraq, Rights BAGHDAD, Gaza, United States, U.S, Israel, Yemen, Saudi, Saudi Arabia, Iraqi, Baghdad, Syria, State
Bank of America reiterates Apple as neutral Bank of America said Apple Services is the "next leg of growth." UBS reiterates Skechers as buy UBS said it's standing by its buy rating on shares of the shoe company. JPMorgan reiterates Disney as overweight JPMorgan lowered its price target on the stock to $120 per share from $125 but said it's standing by its overweight rating. Bank of America reiterates Block as buy Bank of America said investors should buy the dip in shares of the company formerly known as Square. Morgan Stanley reiterates Microsoft as overweight Morgan Stanley said it's standing by its overweight rating on Microsoft shares.
Persons: Wells, Wells Fargo, Jefferies, Tesla, it's, Skechers, Daiwa, JPMorgan downgrades Corning, JPMorgan, TD Cowen, O'Reilly, Cowen, Morgan Stanley Organizations: UBS, Bank of America, Apple, of America, Apple Services, Google, DOJ, Citi, Huawei, JPMorgan, Disney, ESPN, Arts, EA, " Bank of America, Trust, Northern Trust, Holdings, Juniper Networks, Enterprise, Microsoft Locations: North America, China, Hulu, Juniper, Corning
But dollars deposited in 2024 could only be withdrawn in local currency at the official rate of 1,320. The parallel market rate of the Iraqi dinar sat at 1,560 on Thursday, roughly 15% percent below the official rate. Here you go, you can use the card inside Iraq at the official rate, or if you want to withdraw cash, you can at the official rate in dinars," Ahmed said. "But don't talk to me about cash dollars anymore." He added: "As long as all transparent and legal financing operations happen via us (at the official rate), the rest does not matter."
Persons: Mazen Ahmed, It's, Ahmed, Timour Azhari, William Maclean 私 たち Organizations: New York Federal Reserve, CBI, Reuters Locations: BAGHDAD, Iraq, Iran, Iraqi, U.S, Syria, Tehran, Baghdad
NEW YORK (AP) — D’Wayne Wiggins and Timothy Christian Riley didn’t realize that Raphael Saadiq was planting the seeds for a Tony! “We have to be us first before we could talk to anybody because that’s what happened the last time.”Cut to last month, when Tony! “I think it’s been really cool to hear younger kids sample our music and make new songs with our music,” Riley said. “We did always feel the love from our peers and fans and people just in general — it felt really good,” he said. He remembers a younger Beyoncé asking to hear some of the music he was working on.
Persons: — D’Wayne Wiggins, Timothy Christian Riley didn’t, Raphael Saadiq, Tony, Toni, , , Wiggins, ” Saadiq, , Saadiq, Riley, Toné, Raphael Saddiq, Tone, It’s, that’s, “ There’s, Little Walter, Jack Swing, DJ Quik, ” “, “ I’ve, Nat King Cole, Tonyies, , We’d, ” Wiggins, Amar Khalil, Will Smith, Alicia Keys, Badu’s, Lady ”, Whitney Houston, Mary J, Blige, Dawn Robinson, Ali Shaheed Muhammad, Lucy Pearl, it’s, ” Riley, ” RAPHAEL SAADIQ, Raphael Saadiq's, D’Wayne Wiggins, Beyoncé, who’s, Knowles, Solange’s, she’s, Oscar, ’ ” Saadiq, Gary Gerard Hamilton Organizations: Music, TLC, En, Associated Press Locations: Oakland, Oakland , California, Southern California, @GaryGHamilton
UBS initiates Fiverr as buy UBS said the Israeli online marketplace company has "significant upside." UBS upgrades Fluor to buy from hold UBS said the construction and engineering stock is underappreciated. Bank of America upgrades Orange to buy from underperform Bank of America double upgraded the European telco company and says it has upside potential. Bank of America reiterates Blackrock as buy Bank of America said the asset management company is well positioned. Mizuho reiterates Nvidia as buy Mizuho added the stock to its top picks list and says it's an AI winner.
Persons: Morgan Stanley, Tesla, it's, underappreciate FLR, TD Cowen, Key, Goldman Sachs, Goldman, Oppenheimer, Mizuho, Coinbase, Bernstein, PTON Organizations: US, UBS, Americas Corp, Bank of America, underperform Bank of America, Tech, of America, Apple, JPMorgan, Netflix, ARM, " Bank of America, Blackrock, Nvidia, Mizuho, NOVA Locations: Argentina, Argentine, Orange, 3Q23, 4Q23
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Brent crude oil futures were up 55 cents to $91.26 a barrel by 1:01 p.m. EDT (1701 GMT), after falling to a session low of $89.50, the lowest price since Sept. 8. Higher interest rates and a stronger dollar make oil more expensive for holders of other currencies, which could dampen oil demand. Talks to restart Iraqi oil exports via a crude oil pipeline that runs through Turkey are still ongoing, an Iraqi oil official told Reuters on Tuesday, a day after Turkey said operations would start again this week after nearly a six-month stoppage. U.S. crude inventories were expected to have fallen by about 500,000 barrels last week, a preliminary Reuters poll showed on Monday.
Persons: Alexander Manzyuk, Phil Flynn, Alexander Novak, Stephanie Kelly, Natalie Grover, Laura Sanicola, Trixie Yap, Marguerita Choy, Mark Potter, Paul Simao Organizations: REUTERS, Brent, . West Texas, U.S ., Federal Reserve, Price Futures Group, Investors, Organization of, Petroleum, Reuters, Gulf Cooperation, BMI Research, Thomson Locations: Republic of Tatarstan, Russia, Saudi Arabia, OPEC, Asia, Turkey, Gulf, Iraq
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Brent crude oil futures were down 10 cents to $90.61 a barrel by 11:15 a.m. EDT (1515 GMT), after falling to a session low of $89.50, the lowest since Sept. 8. Higher interest rates and a stronger dollar make oil more expensive for holders of other currencies, which could dampen oil demand. Talks to restart Iraqi oil exports via a crude oil pipeline that runs through Turkey are still ongoing, an Iraqi oil official told Reuters on Tuesday, one day after Turkey said operations would start again this week after a near six-month stoppage. U.S. crude inventories were expected to have fallen by about 100,000 barrels last week, a preliminary Reuters poll showed on Monday.
Persons: Alexander Manzyuk, Phil Flynn, Craig Erlam, Stephanie Kelly, Natalie Grover, Laura Sanicola, Trixie Yap, Marguerita Choy, Mark Potter Organizations: REUTERS, Wednesday, Brent, . West Texas, U.S ., U.S, Reserve, Futures, Investors, Organization of, Petroleum, Reuters, Gulf Cooperation, BMI Research, Thomson Locations: Republic of Tatarstan, Russia, OPEC, Saudi Arabia, Asia, Turkey, Gulf, Iraq, .
In our view, the companies in the regulators' sights — Alphabet 's (GOOGL) Google, Amazon (AMZN) and Microsoft (MSFT) — are not engaged in anti-competitive behavior. In January, the DOJ filed a second, separate antitrust lawsuit against Alphabet in the U.S. District Court for the Eastern District of Virginia. MSFT YTD mountain Microsoft YTD U.K. regulators have also hounded the Big Tech name, aiming to block Microsoft's acquisition of Activision over cloud gaming concerns. In a showdown years in the making, the FTC last month filed a highly-anticipated antitrust lawsuit against e-commerce giant Amazon. The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen.
Persons: Satya Nadella, , Nadella, Bing, Jim Cramer, Activision Blizzard, ChatGPT, Morgan Stanley, Joe Biden, Lina Khan, Khan, Jim, Jim Cramer's, Justin Tallis Organizations: Big Tech, Google, Microsoft, Washington D.C, Justice, District of Columbia, DOJ, Eastern, of, Activision, Federal Trade Commission, FTC, Ubisoft, U.K, Markets Authority, Yale Law, Amazon, CNBC, Apple, Facebook, Getty Locations: Washington, U.S, of Virginia, Virginia, Amazon
Turkey's Energy Minister Alparslan Bayraktar talks during a meeting in Ankara, Turkey, September 14, 2023. Turkish Energy Ministry Press Office/PPO/Handout via REUTERS/File photo Acquire Licensing RightsABU DHABI, Oct 2 (Reuters) - Turkey will restart operations this week on a crude oil pipeline from Iraq that has been suspended for about six months, Turkey's Energy Minister Alparslan Bayraktar said on Monday. "Within this week, we will start operating the Iraq-Turkey pipeline after resuming operations. Turkey has been a reliable transit route for oil and gas, he added. Turkey was weighing legal action against Iraq, which has an outstanding enforcement case against Turkey, Bayraktar said last month.
Persons: Alparslan Bayraktar, ABU, Bayraktar, Maha El, Nadine Awadalla, Louise Heavens, Jonathan Spicer Organizations: Turkey's Energy, Turkish Energy Ministry Press, REUTERS, International Chamber of Commerce, ICC, Iraq, Thomson Locations: Ankara, Turkey, Handout, ABU DHABI, Iraq, Abu Dhabi, Baghdad
Al-Jaber serves as the CEO of the state-run Abu Dhabi Oil Co., which has the capacity to pump 4 million barrels of crude oil a day and hopes to reach 5 million barrels a day. He also made the call to the annual Abu Dhabi International Petroleum Exhibition and Conference, which brings together the largest players in the oil and gas industries. And al-Jaber himself has repeatedly said the world must rely on oil and gas for the near-term to bridge that gap. Though all smiles at Monday's conference, al-Jaber has acknowledged the withering criticism he's faced. Iraqi and regional Kurdish government officials did not immediately acknowledge the pipeline reopening, though Iraq's oil minister has said it was anticipated, without elaborating.
Persons: Sultan al, Jaber, al, Al, , he's, it’s, ” al, Haitham, Ghais, Alparslan Bayraktar, , Bayraktar Organizations: United, United Arab Emirates, Abu Dhabi Oil Co, Abu, Abu Dhabi International Petroleum Exhibition, Conference, Brent, United Arab, Turkish Energy, Kurdish Locations: ABU DHABI, United Arab, United Nations, Abu, Abu Dhabi, Russia, United Arab Emirates, Jaber, OPEC, Iraqi, Turkish, Turkey, Ceyhan
[1/5] Turkey's President Tayyip Erdogan addresses members of parliament as he attends the reopening of the Turkish parliament after the summer recess in Ankara, Turkey, October 1, 2023. On Sunday morning, two attackers detonated a bomb near government buildings in Ankara, killing them both and wounding two police officers. It launched an insurgency in southeast Turkey in 1984 and more than 40,000 people have been killed in the conflict. It said the attackers had hijacked the vehicle and killed its driver in Kayseri, a city 260 km (161 miles) southeast of Ankara. Turkey's armed forces have in recent years conducted several large-scale military operations in northern Iraq and northern Syria against Kurdish militants.
Persons: Tayyip Erdogan, Murat Cetinmuhurdar, Abdul, Latif Rashid, Ali Yerlikaya, Yerlikaya, Yasar Guler, Huseyin Hayatsever, Robert Birsel, Jonathan Spicer, Mark Heinrich, Alex Richardson Organizations: REUTERS Acquire, Kurdistan Workers Party, United Nations, Iraq, European Union, Reuters, PKK, Counterterrorism, Immortals Battalion, Kurdish, Islamic, Defence, Thomson Locations: Turkish, Ankara, Turkey, Handout, Iraq, Iraq ISTANBUL, Istanbul, Iraq's, Gara, Kurdistan, United States, Kayseri, Kurdish, Ataturk, Islamic State, Syria
Wall Street closed out the final week of the third quarter lower as Friday's initial rally on tame inflation data ended largely in losses. The Dow , S & P 500 and the Nasdaq all fell sharply for the historically tough month of September and for the quarter. We hope it convinces the Fed to hold off on any additional hikes as we await the impact of prior rate moves. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Dow, We'd, Helen of Troy, HELE, Lamb Weston, Levi Strauss, LEVI, Payrolls, Jim Cramer's, Jim Cramer, Jim, Nick M Organizations: Nasdaq, Dow, Federal Reserve, Fed, Constellation Brands, Management, UAW, Big, Detroit automakers, General Motors, Ford, Chrysler, PMI, McCormick, Maine, Conagra Brands, CNBC Locations: U.S, Cal
US-made M1A1 Abrams tanks have arrived in Ukraine, but the war may not give it the opportunity to do what it does best. AdvertisementAdvertisementUkrainian President Volodymyr Zelenskyy said Monday that Abrams tanks had arrived and were "preparing to reinforce our brigades." View of American M1A1 Abrams tanks as they cross the desert during the Gulf War, Iraq, 1991. U.S. Army M1A1 Abrams tank fires during NATO enhanced Forward Presence battle group military exercise Crystal Arrow 2021 in Adazi, Latvia March 26, 2021. AdvertisementAdvertisementBeyond enemy threats, Ukraine will still face a major challenge operating the Abrams on the battlefield — and that is keeping it there.
Persons: Abrams, , Volodymyr Zelenskyy, Biden, Allan Tannenbaum, there's, hasn't, Moscow's, INTS KALNINS Organizations: Wall Street, Service, Royal United Services Institute, Army, New York Times, US Army, U.S . Army M1A1, NATO Locations: Ukraine, Soviet, Iraq, Russia, Ukrainian, Adazi, Latvia
Ukraine has received a first batch of US-provided M1A1 Abrams tanks. It's heavy-duty, combat-proven armor that was built with a very specific mission in mind: killing Russian tanks. The promise to deliver American-made Abrams tanks to Ukraine followed plans from the UK, Germany, and other European partners to provide Ukraine with Challenger and Leopard tanks. AdvertisementAdvertisement"The Abrams was built, A1 and A2 alike, knowing we had to kill many more Russian tanks. AdvertisementAdvertisementUS M1A1 Abrams tanks needed for training the Armed Forces of Ukraine arrive by rail at Grafenwoehr, Germany, May 14, 2023.
Persons: Abrams, it's, , Robert Greenway, Volodymyr Zelenskyy, Biden, M1A1 Abrams, Lance Cpl, Scott Jenkins, Joe Biden, M1A1s, Pat Ryder, Gian Gentile, RAND's, Gentile, Leo, Challenger, Allan Tannenbaum, Greenway, Charlie Company ,, Brendan Mullin, there's, It's, Tylon Chapman, Douglas R, Bush, we've Organizations: US Army, Service, Ukraine, Soviet, Hudson Institute, Army, New York Times, M1A1, Iraq's, Special Forces, Marine Corps M1A1, 2nd Tank Battalion, 2nd Marine Division, Marine Expeditionary Force, US Marine Corps, Kyiv, Pentagon, Challenger, Leopard, Leopards, RAND's Arroyo Center, US, Charlie, Charlie Company , 1st Tank Battalion, 1st Marine Division, United Arab Emirates, Armed Forces, US Air National Guard, Honeywell, Abrams, Acquisition, Logistics, Technology, M1 Abrams Locations: Ukraine, Soviet, Pohjankangas, Niinisalo, Finland, Scott Jenkins Ukraine, Germany, RAND's Arroyo, Russian, Iraq, Soviet Union, U.S, Kuwait, Grafenwoehr
People look at the aftermath of a fire that broke out during a wedding at an event hall in Al-Hamdaniyah, Iraq on September 27, 2023. At least 100 people were killed and more than 150 injured when a fire broke out during a wedding at an event hall in the northern Iraqi town of Hamdaniyah, state media and health officials said. A fire that raced through a hall hosting a Christian wedding in northern Iraq killed at least 100 people and injured 150 others, authorities said Wednesday, warning the death toll could rise. Television footage showed flames rushing over the wedding hall as the fire took hold. Health Ministry spokesman Saif al-Badr earlier put the number of injured at 150 via the state-run Iraqi News Agency.
Persons: That's, Saif al, Badr Organizations: Health, Iraqi News Agency Locations: Al, Hamdaniyah, Iraq, Iraq's Nineveh, Mosul, Baghdad, Nineveh
BAGHDAD (Reuters) - A small fire that led to guests and diplomatic personnel being evacuated from Baghdad's Al-Rasheed hotel has been brought under control, an official at the hotel told Reuters via phone early on Wednesday. The hotel houses several envoys from Gulf states. The small fire occurred in kitchen, and an official described the evacuation as a routine precautionary measure, saying guests had safely returned to their rooms. The hotel is in Iraq's highly fortified Green Zone which hosts parliament, many government buildings and foreign embassies. (Reporting by Timour Azhari and Muhammad Al Gebaly; Writing by Enas Alashray; Editing by Christopher Cushing and Gerry Doyle)
Persons: Baghdad's Al, Rasheed, Timour Azhari, Muhammad Al Gebaly, Enas Alashray, Christopher Cushing, Gerry Doyle Locations: BAGHDAD, Baghdad's, Gulf
NINEVEH, Iraq, Sept 27 (Reuters) - More than 100 people were killed and 150 were injured in a fire at a wedding party in Hamdaniya district in Iraq's Nineveh province that left civil defence searching the charred skeleton of a building for survivors into the early hours of Wednesday. Nineveh Deputy Governor Hasan al-Allaq told Reuters that 113 people had been confirmed dead, with state media putting the death toll at at least 100, with 150 injured. The fire ripped through a large events hall in the north-eastern region after fireworks were lit during the celebration, local civil defence said, according to state media. Preliminary information indicated that the building was made of highly flammable construction materials, contributing to its rapid collapse, state media said. Ambulances and medical crews were dispatched to the site by federal Iraqi authorities and Iraq's semi-autonomous Kurdistan region, according to official statements.
Persons: Hasan al, Allaq, Timour Azhari, Enas, Sonali Paul, Jacqueline Wong Organizations: Reuters, Thomson Locations: NINEVEH, Iraq, Hamdaniya district, Iraq's Nineveh, Nineveh, Kurdistan, Baghdad, Cairo
REUTERS/Aly Song/File Photo Acquire Licensing RightsSept 26 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Goldman Sachs' financial conditions indexes for China and emerging markets at large are the highest in almost a year. In China, meanwhile, the property sector is back under the spotlight after shares of property developer Evergrande tumbled 21% on Monday on renewed uncertainty about the firm's debt restructuring. The broader property sector index fell 2.5%. Evergrande shares, but the company is systemically important - it is the world's most indebted developer and the property sector accounts for roughly a quarter of China's economy.
Persons: Aly, Jamie McGeever, Goldman Sachs, Evergrande, Valdis Dombrovskis, Fed's Neel Kashkari, Josie Kao Organizations: China Evergrande Group, REUTERS, U.S, Treasury, Global, Deutsche Bank, Barclays, Union, Thomson, Reuters Locations: Danzhou, Hainan province, China, Asia, Japan, U.S, Beijing, Singapore
Among other companies that have been gearing up for U.S. stock market listings are German premium footwear maker Birkenstock Holding and Vietnam internet company VNG Corp (VNZ.HNO). Chip designer Arm's stock on Wednesday hit a low of $51.52, coming close to its $51 IPO price in this year's biggest IPO last Thursday. Shares of grocery delivery app Instacart, which debuted Tuesday, fell to a low of $29.96, below their $30 IPO price. Klaviyo also surrendered most of its initial gains, hitting a low for the day of $30.26, just above its $30 IPO price. Arm and Instacart were "pumped up to do the IPO," said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia.
Persons: Dado Ruvic, Robert Pavlik, Klaviyo, Jerome Powell, haven't, , Jake Dollarhide, Ortex, Peter Tuz, Mark Luschini, Janney Montgomery Scott, Caroline Valetkevitch, Savyata Mishra, Niket, Lewis Krauskopf, Noel Randewich, Marguerita Choy, Stephen Coates Organizations: REUTERS, Arm Holdings, Investment, Dakota Wealth, Birkenstock, VNG Corp, Federal, Nasdaq, Longbow, Management, Chase Investment, People, Thomson Locations: Fairfield , Connecticut, Vietnam, Tulsa , Oklahoma, Charlottesville , Virginia, Bengaluru, New York, San Francisco
[1/2] U.S. Secretary of State Antony Blinken listens to Gulf Cooperation Council Secretary General Jasem Mohamed AlBudaiwi as they attend a breakfast with the Foreign Ministers of the Gulf Cooperation Council Nations, Monday, Sept. 18, 2023, in New York, U.S. Craig Ruttle/Pool via REUTERS/file photo Acquire Licensing RightsCAIRO, Sept 20 (Reuters) - Gulf Cooperation Council (GCC) countries and the U.S., in a joint statement on Wednesday, called for the completion of demarcation of Kuwaiti-Iraqi maritime borders "beyond boundary point 162". The statement comes after a meeting of GCC Arab foreign ministers, U.S. Secretary of State Antony Blinken and GCC Secretary-General Jasem al-Budaiwi in New York. They also called on the Iraqi government to "expeditiously resolve the domestic legal status of the 2012 Kuwait-Iraq Agreement to regulate maritime navigation in Khor Abdullah and ensure that the agreement remains in force." The joint statement also "called on Iraq and the UN to exert maximum efforts to reach a resolution of all the issues involved." Reporting by Enas ALashray, Muhammad Al Gebaly; Editing by Christopher Cushing and Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.
Persons: Antony Blinken, General Jasem Mohamed AlBudaiwi, Craig Ruttle, Jasem, Khor Abdullah, Enas ALashray, Muhammad Al Gebaly, Christopher Cushing, Jacqueline Wong Organizations: Cooperation, Foreign Ministers, Gulf Cooperation Council Nations, Rights, Gulf Cooperation Council, GCC, UN, United Nations, Thomson Locations: New York, U.S, Rights CAIRO, Kuwaiti, Iraqi, Kuwait, Iraq, Khor
Pinterest shares rose as much as 5% and closed up 3% on Tuesday after company executives said they expect year-over-year revenue growth to accelerate following a slowdown in 2022 and 2023. Revenue growth was under 9% last year and analysts are projecting expansion of about 8% this year. In April, Pinterest announced an advertising partnership with Amazon . Pinterest stock is up 8% this year, trailing the Nasdaq's nearly 31% gain. WATCH: Pinterest's Amazon partnership will help the shopping experience, says venture capitalist Kamran Ansari
Persons: Pinterest, Ben Silbermann, Pinterest's, Bill Ready, Martha Welsh, Julia Donnelly, Donnelly, Kamran Ansari Organizations: New York Stock Exchange, Google, Amazon
Arm executives and CEO Rene Haas gather outside Nasdaq Market site, as Softbank's Arm, chip design firm, holds an initial public offering (IPO), in New York, U.S., September 14, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSept 15 (Reuters) - Shares of SoftBank's Arm Holdings closed a volatile session lower on Friday, a day after a stellar Nasdaq debut that valued the British chip designer at $65 billion. The stock fell 4.5% to end at $60.75, after trading as high as $69 earlier in the session. The Nasdaq (.IXIC) was down 1.6% and the S&P 500 (.SPX) fell 1.2%, while an index of semiconductors (.SOX) sank 3%. Analysts said further trading volatility in Arm may be seen if the company draws more interest from AI-focused retail investors.
Persons: Rene Haas, Brendan McDermid, chipmakers, Arm's, Randy Frederick, Charles Schwab, Rick Meckler, Sophie Lund, Yates, Hargreaves Lansdown, Financials, Michael Ashley Schulman, Needham, Manya Saini, Caroline Valetkevitch, Saqib Iqbal Ahmed, Niket Nishant, Arun Koyyur, Grant McCool Organizations: Nasdaq, REUTERS, Arm Holdings, Major U.S, Cherry Lane Investments, Analysts, Graphics Arm, Running, Capital Advisors, Nvidia, Reuters Graphics, Thomson Locations: New York, U.S, British, Austin , Texas, New Vernon , New Jersey, Bengaluru
Nasdaq plans to list options on Arm Holdings across all six of its exchanges, a spokesperson for the exchange said on Friday. Other options exchange operators, Cboe Global Markets (CBOE.Z) and Intercontinental Exchange's (ICE.N) New York Stock Exchange, did not immediately respond to a Reuters request for comment on their own plans to list ARM options. "I have every reason to believe that when ARM options are listed they will be very popular," Steve Sosnick, chief strategist at Interactive Brokers, said. Arm Holdings is of significant interest to retail investors, Dan Raju, chief executive at online brokerage firm Tradier, said. I expect the listing of options to also see an initial surge in options activity followed by a tapering," he said.
Persons: Dado Ruvic, Steve Sosnick, Sosnick, Dan Raju, Saqib Iqbal Ahmed, Richard Chang Organizations: REUTERS, SoftBank's, Holdings, Nasdaq, Arm Holdings, Cboe, New York Stock Exchange, ARM, Interactive, Facebook Inc, Facebook, Thomson Locations: New
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