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Baghdad, Ramadan 27, 1435, July 24, 2014, SPA -- Veteran Kurdish politician Fouad Massoum is overwhelmingly elected Iraqi president for a four-year term by parliament after a secret vote...

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Washington, Jumada II 17, 1435, Apr 17, 2014, SPA -- General Electric Company (GE) posted lower first-quarter net profit than a year ago, because last year’s results included the sale of its NBC Universal television and film unit, but the conglomerate said its industrial divisions performed well and the economic environment was “positive.”
GE reported Thursday that its profit in the January-March period fell to $3 billion from $3.5 billion in the same quarter a year earlier. Revenue fell 2.1 percent to $34.2 billion from $34.9 billion a year ago. The profit figure narrowly beat Wall Street estimates, while the revenue figure missed expectations.
The company backed its previous 2014 financial targets.
GE sold its remaining interest in NBC Universal last year as part of a plan to focus on building and servicing complex industrial equipment like aircraft engines, power-plant turbines, and oil and natural-gas drilling equipment.
The company has been able to grow its revenue and profit at such industrial divisions in recent quarters. Operating profit from industrial operations rose 12 percent in the first quarter. The oil and gas, power and water, and aviation divisions all posted sharply higher profits. Transportation and appliances fell, along with the company’s small energy-management division.
GE has a good view of the global economy because it has manufacturing plants and sales operations around the world. GE recently reported that European operations performed better than expected, while developing countries saw growth. Its U.S. business improved in March, evidence that the slowdown this winter was related to unusually cold weather.

--SPA
18:43 LOCAL TIME 15:43 GMT
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Baghdad, Ramadan 27, 1435, July 24, 2014, SPA -- Veteran Kurdish politician Fouad Massoum is overwhelmingly elected Iraqi president for a four-year term by parliament after a secret vote in which 211 lawmakers voted for him out of 228 ballots cast, dpa reported. ...
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HELSINKI, Ramadan 27, 1435, July 24, 2014, SPA -- Two Finnish aid workers have been killed in Afghanistan, Finland's foreign ministry said on Thursday, according to Reuters. The workers were both women who worked for aid organisation International Assistance Mission,...
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Riyadh, Ramadan 27, 1435, Jul 24, 2014, SPA -- Naif Arab University for Security Sciences (NAUSS) will organize, in cooperation with Arab Social Affairs Ministers Council, a Conference on "Social Protection and Development" in November 2014, at NAUSS headquarters in Riyadh with the participation...
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PARIS, Ramadan 27, 1435, July 24, 2014, SPA -- There were likely many French passengers on the Air Algerie flight which disappeared en route from Ouagadougou in Burkina Faso to Algiers, France's transport minister said, according to Reuters. "There were likely French people on...
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KUWAIT, Ramadan 27, 1435, July 24, 2014, SPA -- Kuwait's First Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah received a phone call on Thursday from Uganda's Minister of Foreign Affairs Sam Kutesa during which they discussed boosting bilateral ties in...
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