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Business Last Updated: Oct 20, 2014 - 7:45:21 AM


Business
Israeli Partners Sign Bid to Sell Natural Gas to Egyptian Firm
Turning the tables on the regions natural resource flow, Israeli gas may soon surge southward through the Egyptian pipeline that for several years provided gas to Israel but fell victim to saboteurs in Sinai.

Oct 20, 2014 - 7:27:07 AM

Business
Russia Rating Cut by Moodys on Sluggish Economic Growth
Russia's credit rating was cut to the second-lowest investment grade by Moody's Investors Service, which cited sluggish growth prospects worsened by the crisis in Ukraine and international sanctions.

Oct 19, 2014 - 10:07:12 AM

Business
Indian Economy to Overtake Chinese
We are headed to �a world-turned-upside-down moment,� which could come as early as 2016. �That�s when,� Businessweek tells us, �India, always the laggard, may pull ahead of China and become the fastest-growing of Asia�s giants.�

Oct 18, 2014 - 9:34:55 AM

Business
Russia Eyes Shrinking Cash Reserves as Fight for Ruble Escalates
The Central Bank has said repeatedly it will implement a free floating ruble by the beginning of 2015, although some experts argue that continued ruble weakness could hamper this plan.

Oct 17, 2014 - 7:10:27 AM

Business
Britain Reported to Block $6.5 Billion Russian Energy Deal
A $6.5 billion attempt by Russian billionaire Mikhail Fridman to buy the oil and gas operations of German utility firm RWE, which has operations in British coastal waters, could be blocked by London, the Financial Times reported Wednesday.

Oct 17, 2014 - 7:07:09 AM

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