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New rules for olive oil in Europe
NORTHFIELD, Ill., June 8 (UPI) -- Kraft Foods Inc. Friday said it was moving its stock exchange listing from the New York Stock Exchange to the Nasdaq.
The company is in the midst of spinning off its grocery business from its snacks operations. The decision to move stock exchanges will "yield greater cost efficiencies while providing visibility advantages for the company's iconic brands," Kraft said in a statement.
The company initially will trade on the Nasdaq as KFT, beginning June 26. After the company splits, KFT will be retired and the snack business, Mondelez International Inc., will trade as MDLZ, and Kraft Foods Group Inc. will trade as KRFT.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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