Toyota sees profit drop as US tariffs, Mideast bite
Japanese auto giant Toyota says it expects profits to fall sharply over the next year as it deals with US tariffs and instability in...
AirAsia signs $19bn deal for 150 Airbus A220 jets
Southeast Asian budget airline AirAsia has signed a massive $19 billion deal to buy 150 new Airbus A220-300 jets.The agreement was announced at Airbus...
G7 trade ministers set to meet but not discuss latest US...
Trade ministers from the G7 countries are meeting in Paris this week, with a packed agenda — but one big issue is being kept...
Seoul, Taipei hit records as Asian stocks track Wall St tech...
Markets across Asia started the week on a strong note, led by tech stocks, as investors took confidence from solid earnings and signs of...
Blockbuster EU-Mercosur trade deal enters into force
The European Union has moved forward with a major trade deal with the Mercosur group in South America, and it officially starts on Friday.This...
French economy records zero growth in first quarter
France’s flat growth in Q1 highlights how quickly external shocks are feeding into Europe’s already fragile economy.At the center of this is weak domestic...
Volkswagen warns of more cost cuts as profits plunge
The situation at Volkswagen is more serious than a normal earnings dip. A 28% profit drop alongside falling revenue points to deeper structural pressure...
Total Energies refinery working full tilt to keep France fuelled
France’s biggest refinery is running hard as global energy markets feel pressure from the Middle East conflict.SummaryTotal Energies is pushing production to keep diesel...
Chinese EVs geared up to dominate world’s biggest auto show
Beijing is hosting the world’s biggest auto show this Friday, and it is shaping up to be a major showcase of how fast China’s...
Tim Cook’s time as Apple chief marked by profit absent awe
Tim Cook stepped into one of the toughest jobs in tech when he took over Apple from Steve Jobs about 15 years ago.Back then,...
Trump’s Fed chair pick to face lawmakers at key confirmation hearing
Kevin Warsh is heading into a high-stakes Senate hearing as Donald Trump’s pick to lead the Federal Reserve.In his prepared remarks, Warsh is expected...
AI-driven chip shortage slowing efforts to get world online: GSMA
A global shortage of memory chips—driven largely by the AI boom—is now starting to affect something very basic: getting people online.The head of the...
Iraqi News
An economic expert says Iraq is capable of securing salaries for six months.
Economic expert Safwan Qusay said Iraq is capable of securing employee salaries for the next six months starting from May 1, despite the current...
Parliamentary Finance Committee: Employee salaries are secured and a red line
MP Mudhar Al-Karawi said on Wednesday that Iraqi state employees’ salaries are fully secured and remain a “red line” that cannot be compromised, despite...
Mounis calls on political forces to overcome their bickering and quickly finalize the budget...
Hussein Mounis stressed on Wednesday that Iraq’s general budget law can no longer face delays, calling on political parties to put aside their disagreements...
Iraqi oil prices plummet amid global stock market turmoil
Iraqi oil prices saw a sharp decline on Wednesday, with both Basra Heavy and Basra Medium crude recording major losses alongside a broader drop...
Iraq Banking Sector Reform: Second Phase Under Way
The Central Bank of Iraq confirmed that its banking sector reform program is continuing as Iraqi banks move through the second phase of the...