Saudi Arabia’s sovereign wealth fund is to invest up to $10 billion in Russia over the next five years, in a move signalling a thawing in relations between the two countries. Saudi Arabia’s Public Investment Fund (PIF), the country’s sovereign wealth investment vehicle, agreed on Monday to invest $10 billion over the next five years approximately in the Russia Direct Investment Fund (RDIF), a government-run investment fund. […]
VIENNA — The talks to complete a landmark accord limiting Iran’s nuclear program have been extended for several days after negotiators acknowledged that they would be unable to meet a Tuesday deadline. To give negotiators more time to pursue a final accord, the diplomats agreed to extend through Friday an interim nuclear accord called the Joint Plan of Action. That interim agreement, which had been set to […]
|By TAP Staff| Over 30 local and regional airports have joined a growing coalition that is calling on the U.S. government to open consultations with Qatar and the United Arab Emirates to address $42 billion in subsidies and other unfair benefits that the Gulf nations have provided to their state-owned airlines, violating Open Skies policy and threatening hundreds of thousands of American jobs. Airports from across the […]
Mohammad Javad Zarif, center, the foreign minister of Iran, sat next to Federica Mogherini, the European Union’s foreign policy chief as they meet with other foreign ministers in Vienna on Tuesday. By DAVID E. SANGER and THOMAS ERDBRINK July 6, 2015 VIENNA — With foreign ministers from around the world arriving here in hopes that the negotiations over Iran’s nuclear program are entering their final hours, a senior Iranian official said on […]
Metallic seals like this one have long been used to prevent unauthorized access to nuclear equipment. New electronic and fiber-optic seals beam back confirmation that they remain intact. By DAVID E. SANGER and WILLIAM J. BROAD July 6, 2015 VIENNA — On the outskirts of this graceful city, the Iran Task Force of the International Atomic Energy Agency is preparing to move quickly if American and Iranian negotiators here manage to cut a […]
Metallic seals like this one have long been used to prevent unauthorized access to nuclear equipment. New electronic and fiber-optic seals beam back confirmation that they remain intact. By DAVID E. SANGER and WILLIAM J. BROAD July 6, 2015 VIENNA — On the outskirts of this graceful city, the Iran Task Force of the International Atomic Energy Agency is preparing to move quickly if American and Iranian negotiators here manage to cut a […]
By ISABEL KERSHNER July 5, 2015 JERUSALEM — The Israeli cabinet on Sunday rejected a proposed change that was supposed to ease the process of conversion to Judaism in Israel, a move that signaled the renewed strength of ultra-Orthodox parties in the ruling coalition formed by Prime Minister Benjamin Netanyahu after he won parliamentary elections in March. The change was promoted by secularist and liberal parties in the previous […]
By MICHAEL R. GORDON and THOMAS ERDBRINK July 5, 2015 VIENNA — Secretary of State John Kerry warned Iran on Sunday that hard choices were still needed to seal a landmark nuclear accord, and that the United States was prepared to walk away if a sound agreement could not be reached. “We are not yet where we need to be on several of the most difficult issues,” Mr. Kerry said in a […]
GLEN, N.H. U.S. Democratic presidential candidate Hillary Clinton accused China on Saturday of stealing commercial secrets and “huge amounts of government information,” and of trying to “hack into everything that doesn’t move in America.” Clinton’s language on China appeared to be far stronger than that usually used by President Barack Obama’s Democratic administration. Speaking at a campaign event in New Hampshire, Clinton said she wanted to see […]
Mohammad Javad Zarif, Iran’s foreign minister, during a meeting with Secretary of State John Kerry as part of nuclear negotiations in Vienna on Friday. By MICHAEL R. GORDON and DAVID E. SANGER July 4, 2015 VIENNA — The head of the International Atomic Energy Agency said on Saturday that, with Iranian cooperation, his agency could complete an assessment on Iran’s suspected past nuclear work by December, potentially removing a major obstacle to a […]
In another sign of the ongoing changes in online search, Yahoo is testing a search partnership with Google. The search giant confirmed in a statement that “Yahoo is currently testing search results and ads from a number of partners, including Google as one of their options.” A Yahoo spokesperson told us, “As we work to create the absolute best experiences for Yahoo users, from time to time, […]
|TAP Special|Emirates has released a point-by-point rebuttal of subsidy allegations, asserting that the US legacy carriers got the facts wrong, got the law wrong, and set their sights on an outcome that will be wrong for American consumers, communities and the national economy. This is the airline’s response to allegations of subsidy and unfair competition leveled by the “big three” US legacy carriers – Delta, United and […]
Under a new 10-year agreement that starts in 2016, AOL will be taking over a large part of Microsoft‘s display ad sales for numerous sites and services, including MSN, Xbox, Outlook.com and Skype. As part of the partnership, announced Monday, AOL will adopt Microsoft’s Bing as its exclusive provider of search and search advertising services across all of its properties. In a separate deal, first reported Monday […]
Dubai real estate developer Limitless has taken a step closer to securing a second restructuring on debt outstanding from Dubai’s property crash six years ago. It said on Monday it would repay 2.07 billion dirhams ($564 million) to creditors and has won the approval of almost 90 percent of banks to extend its remaining debt to December 2018. Limitless is seeking to follow in the footsteps of […]
VIENNA — Iran’s top nuclear negotiator was heading back to Tehran on Sunday to consult with his nation’s top leadership, as negotiators remained divided over how to limit and monitor Tehran’s nuclear program and even on how to interpret the preliminary agreement they reached two months ago. With all sides now acknowledging the talks would need to continue beyond what was once considered the absolute deadline for […]
TEHRAN — Persian carpets were rolled out in the Beit-e Rahbar, the downtown Tehran offices of Iran’s supreme leader, Ayatollah Ali Khamenei, on Tuesday, a sign that important guests were on their way. One by one, members of Iran’s establishment, politicians, clerics and commanders filed in, many exchanging the perfunctory greetings of committed rivals. They sat cross-legged and waited anxiously, knowing a crucial week of nuclear negotiations […]
|TAP Special| Singapore’s importance as an oil trade centre has received further boost with Platts adopting e a new system from next month for determining oil product values with reference to loadings out of the city state as well as Malaysia. This is expected to encourage use of regional oil storage facilities. According to Reuters, the change in how fuel oil, diesel, jet fuel and gasoline are […]
VIENNA — Secretary of State John Kerry began on Saturday what the Obama administration hopes will be the final push for a nuclear accord with Iran, just three days before a deadline for concluding an agreement. However, American officials have almost discounted the notion that a deal will be made by Tuesday’s deadline. Their goal is to bridge a number of technical and political divides over the […]
Gold edged higher on Friday, recovering from its lowest in more than two weeks as Greece failed to reach an agreement with its international creditors, although gains were capped by expectations of a U.S. interest rate hike. Asian equities fell as Greece failed again to reach an agreement with its creditors and stumbled towards a default, while major currencies like the euro and dollar drifted as the […]
VATICAN CITY — The Vatican on Friday signed a treaty with the “state of Palestine,” a development that the church hopes will lead to improved relations between Israel and the Palestinians. The accord, the result of 15 years of negotiations, covers “essential aspects of the life and activity of the Catholic Church in the State of Palestine,” the Vatican said in a statement. The Vatican’s foreign minister, […]
PARIS — Palestinian leaders delivered files documenting what they say are Israeli war crimes on Thursday at the International Criminal Court in The Hague, broadening a new front in the Middle East conflict. The files include descriptions of military operations throughout the occupied territories and in particular last year’s war in the Gaza Strip, Palestinian spokesmen said. One set of papers covers killings of civilians and the […]
WASHINGTON — The State Department issued a dismal assessment of Iran’s record on human rights on Thursday, saying that the Iranian authorities had stifled dissent and engaged in “unlawful killings.” The assessment, part of a broad overview of human rights practices around the world, was published one day before Secretary of State John Kerry is to leave for Vienna to try to conclude a nuclear accord with […]
UAE. Female CIOs expect to increase their budgets by 2.4 percent in 2015, whereas male CIOs report average increases of just 0.8 percent, according to a survey by Gartner, Inc. The worldwide survey included responses from 2,810 CIOs, representing more than $397 billion in CIO IT budgets in 84 countries. Among the respondents to the 2015 Gartner CIO Agenda survey, 13.6 percent were women. “For a second […]
Five former members of President Obama’s inner circle of Iran advisers have written an open letter expressing concern that a pending accord to stem Iran’s nuclear program “may fall short of meeting the administration’s own standard of a ‘good’ agreement” and laying out a series of minimum requirements that Iran must agree to in coming days for them to support a final deal. Several of the senior […]
