The International Committee of the Red Cross on Monday began transferring emergency supplies of fuel to the Gaza Strip where an electricity crisis has hit medical services hard, the Agence France Presse said.
"This morning we began distributing 150,000 liters of diesel to Gaza's hospitals and we will have completed the distribution by the end of the day," ICRC Gaza spokesman Ayman al-Shehabi told AFP.

Oil prices rose slightly above $103 a barrel in Asia amid signs that China's economic growth remains strong, the Agence Presse said Monday.
Benchmark oil for May delivery was up 22 cents to $103.24 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 24 cents to settle at $103.02 per barrel in New York on Friday.

Employees of U.S. auto giant General Motors' loss-making Opel unit in Germany are prepared to negotiate with management but will fight plant closures, a workers' leader said Saturday.
Rainer Einekel, head of the works council at the Bochum factory in western Germany, said a meeting of Opel's supervisory board on Wednesday had come up with nothing new.

Europe's finance ministers crawled towards a compromise on a disputed financial transactions tax Saturday, after a German plan to break a months-long deadlock on the issue won cautious support.
Ministers effectively agreed to park a European Commission proposal for a wide-ranging EU-wide levy on the financial sector and consider Berlin's plan to tax trades on company stocks and shares.

U.S. President Barack Obama called Saturday for higher tax rates on wealthy Americans, saying the current system of tax breaks for top income earners was unfair.
"Today, the wealthiest Americans are paying taxes at one of the lowest rates in 50 years," the president said in his weekly radio and Internet address.

They clutter your dresser and cost too much to make. They're a nuisance and have outlived their purpose.
Finance Minister Jim Flaherty was talking about the Canadian penny and why the Royal Canadian Mint will end its production this fall as part of his austerity budget.

Asian markets mostly fell on Friday on growing concerns over the global economy after an unimpressive set of U.S. data, while weak Japanese figures and a stronger yen weighed on Tokyo.
Trade was also subdued as investors balanced their books on the last day of the quarter, which saw a rally at the start of the year subside in the final few weeks.

Eurozone finance ministers reached a landmark deal on Friday to raise their debt firewall to more than one trillion dollars, as a budget crisis in Spain underlined the need for firm defenses.
Austrian Finance Minister Maria Fekter left a key meeting in Copenhagen to brief reporters on an agreement raising the eurozone firewall to "in total, over 800 billion euros" ($1.067 trillion).

BlackBerry maker Research In Motion posted a quarterly loss -- disappointing first results for the firm's new chief executive, who moved to shake up the struggling company's top ranks.
The Waterloo, Ontario-based firm, on Thursday reported a net loss of $125 million for its fiscal fourth quarter to March 3, compared with a profit of $418 million a year earlier.

SolidPass CEO Selahaddin Karatas raised the issue of online privacy, user’s identity, security of passwords and mobile banking during the Arabnet summit 2012 held in Beirut Thursday.
On virtual banking, Raffy Karamian from Bank Audi highlighted the digital services provided by the bank, mainly the Novo technology. “40,000 banking operations and 19,000 video consultations have been conducted since the launch of Novo is citymall earlier this year,” he said.
