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Madrid shares higher midday in line with Europe; blue chips firm

Madrid shares higher midday in line with Europe; blue chips firm Share prices were higher in midday trade, in line with the broad European trend, with the main blue chips all in positive territory, dealers said. At 12.30 pm, the IBEX-35 index added 25.9 points to 10,795.4, after trading in a range of 10,777-10,811, on turnover of 1.04 bln eur. Equities opened firmer, buoyed by Wall Street's modest overnight rise, holding on to gains throughout the morning on expectations of a firm US opening. The main blue chips saw some buying interest, although volumes remain light in the run-up to

Israel: Iran missiles can reach Europe

Israel: Iran missiles can reach Europe Iran has received a first batch of BM-25 surface-to-surface missiles from North Korea that put some central European countries within firing range, says the Israeli spy chief. The Haaretz daily on Thursday quoted Major General Amos Yadlin, Israels military intelligence chief, as saying that the missiles, bought from North Korea, have a range of 2,500km and are capable of carrying nuclear warheads. Yadlin has warned of the new Iranian missiles in several recent interviews to the media. Iran has missiles capable of reaching Israel, but the BM-25 missiles are an upgrade over its top missiles,

Italy sees Europe upping Lebanon force, gets US nod

Italy sees Europe upping Lebanon force, gets US nod Italy said on Thursday it had won U.S. blessing for its leadership of a U.N. peace force for Lebanon and said it was confident Europe, especially France, would firm up its so far shaky military commitment. Prime Minister Romano Prodi said President George. W. Bush had told him by telephone of his positive view of Italys offer to lead the force. (Bush) talked of his contacts with the U.N. secretary general in which the availability and Italian leadership were commented on very positively, Prodi said in a statement. With Italy putting pressure

Gold edges up in Europe, further gains seen likely

Gold edges up in Europe, further gains seen likely Gold held its firm tone in Europe to touch a two-week high in thin trade on Wednesday, with funds and investors seen pushing the market higher in 2006, dealers said. The metal jumped 4.4 percent in a week to cross a key level of $510 an ounce on Wednesday, but might face resistance from buyers above $515 in the near term, they said. Gold might target this month’s near-25-year high of $540.90 early next year. “The market is going to stay pretty thin in the coming days. I think we are

U.S. broadband rollout lags northern Europe, Canada, South Korea

U.S. broadband rollout lags northern Europe, Canada, South Korea The United States still trails South Korea, Canada and much of northern Europe in rolling out high-speed Internet access, according to the Organization for Economic Cooperation and Development. An OECD survey, published Monday, counted 16.8 broadband subscriptions per 100 people in the U.S. in December, ranking the country in 12th place among the 30 industrialized member states of the Paris-based organization -- up from 13th a year earlier. In an editorial published April 3 by the Financial Times newspaper, U.S. Federal Communications Commission Chairman Kevin Martin wrote the United States was closing in on