Home The BuzzBusiness briefing: 29 Aug 2013

Business briefing: 29 Aug 2013

by Executive Staff

Economics and Policy Brent crude oil is likely to rise towards $125 a barrel if the West launches air strikes against Syria and could go even higher if the conflict spills over into the rest of the Middle East, Societe Generale said on Wednesday. More from Reuters   Major tour operators in Finland, Sweden, Norway and Denmark say they have canceled at least 60,000 trips to Egypt through the winter season that lasts until April due to recent unrest. More from Associated Press   Despite this news, Egypt’s Cabinet approved Wednesday an additional 22.3 billion Egyptian pounds ($3.19 billion) in investment projects to boost the economy over the coming 10 months. More from The Daily Star   The Economic Committees, Lebanon’s leading private sector association, geared up Wednesday for a nationwide strike planned for next week over the country's political vacuum. More from The Daily Star   Companies and Business

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