Asian markets fluctuate after healthy week of tech gains
Markets in Asia slowed down on Friday as traders paused after a strong week, especially in the tech sector. Investors had been buying heavily...
ExxonMobil slows low-carbon investment push through 2030
ExxonMobil announced that it is scaling back its planned investments in low-carbon projects for the 2025–2030 period. The company now expects to spend around...
Asian markets struggle to build on week’s rally
Hong Kong – Asian markets ended the week on a mixed note after a strong run in global equities, driven by growing expectations that...
Ubisoft shares surge as trading resumes after results ‘restatement’
Paris – Ubisoft’s stock jumped on Friday after returning to trading on the Paris exchange, ending a week of confusion and rumor sparked by...
Striking Boeing defense workers to vote on latest contract
New York – More than 3,000 striking Boeing defense workers are set to vote Thursday on a revised contract proposal that moves closer to...
Asian stocks in retreat as traders eye Fed decision, tech earnings
Asian markets fell on Wednesday as investors waited for a major policy announcement from the U.S. Federal Reserve. The downturn followed a soft trading...
Stocks rally as bumber Nvidia report offsets Fed rate concern
Asian markets jumped on Thursday after Nvidia posted huge earnings, easing fears that the AI boom is turning into a bubble. The strong numbers...
WTO mulls future of global trade under cloud of Mideast war
The World Trade Organization (WTO) is facing a tense and uncertain moment as its 166 members gather in Yaoundé, Cameroon, for the 14th ministerial...
Adidas shares slump on downbeat profit outlook
Adidas shares fell sharply on Wednesday after the German sportswear company issued a cautious profit forecast for 2026 and warned of a €400 million...
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...
Global economy under ‘major threat’ from Strait of Hormuz crisis: IEA...
In Sydney, Fatih Birol, the head of the International Energy Agency, warned that the global economy is in serious trouble because of the energy...
Stocks stutter with focus on Fed, tech after US reopen vote
Hong Kong – Asian stock markets were mostly flat on Thursday as excitement over the end of the record 43-day U.S. government shutdown faded,...
Iraqi News
1.6m bpd Kirkuk Export Pipeline Set for Relaunch
Iraq’s Ministry of Oil says exports through the Kirkuk-Fishkhabour-Turkey pipeline could resume soon, starting with limited volumes.The pipeline has a capacity of 1.6 million...
DNO issues Update on Production
Norwegian energy company DNO has given an update on its operations in Iraq’s Kurdistan region, saying it is preparing to ramp production back up...
Al-Jalabi: No new candidate will be nominated for prime minister without Maliki’s official withdrawal.
A member of Iraq’s Coordination Framework, Zuhair al-Jalabi, has clarified the current situation around choosing the next prime minister.He said that Nouri al-Maliki is...
In pictures: Temporary opening of Iraq’s longest bridge
Iraq’s Ministry of Construction and Housing has announced the temporary opening of the Hamrin Lake Bridge in Diyala to traffic.The move is meant to...
USD/IQD exchange rates climb in Baghdad and Erbil
The US dollar opened higher in Iraq on Tuesday, rising in early trading across key markets.In Baghdad, rates at the main exchanges, including Al-Kifah...