BMW boosts profitability despite China, tariff woes
Frankfurt — German automaker BMW reported stronger profitability in the third quarter, demonstrating resilience despite mounting pressure from tariffs and slowing sales in China.
The...
RT Bank opens Basra branch to expand in southern Iraq
Region Trade Bank Opens New Branch in Basra
Region Trade Bank has opened a new Commercial Region Bank branch in Basra, continuing its plan to...
US envoy warns EU won’t win AI race ‘bringing others down’
The debate between the European Union and the United States over artificial intelligence is increasingly becoming a clash over regulation, competitiveness, and control of...
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...
Asian markets tumble as tech bubble fears grow
Hong Kong — Tech stocks led a broad sell-off across Asian markets on Wednesday, as mounting fears of an AI bubble sparked panic among...
Japan PM asks IEA chief to prepare additional ‘coordinated release’ of...
Fatih Birol said Wednesday in Tokyo that the International Energy Agency is ready to release more oil from its reserves if the situation requires...
AI not hitting European jobs for now: ECB
European Central Bank (ECB) economists report that, so far, artificial intelligence has had only a limited effect on employment across Europe. Analyzing data from...
Air China resumes flights to North Korea after 6-year pause
Air China has restarted direct flights between Beijing and Pyongyang after a six-year break, marking another small step in North Korea’s gradual reopening.
The first...
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...
Brazil’s Petrobras sees profit soar on record output
Petrobras said its profits nearly tripled last year, hitting $19.6 billion, up from $7.5 billion in 2024, thanks to record oil and gas production....
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...
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...
Iraqi News
Two weeks to recalculate the budget… Parliamentary Finance Committee reveals the repercussions of the...
Former Parliamentary Finance Committee member Mohammed al-Shabaki said the Iraqi government will need at least two weeks to restructure the budget following the decision...
Investment Call for Mosul Airport Management
Iraq has invited international companies specializing in airport management and operations to invest in and develop Mosul International Airport.
Prime Minister Ali al-Zaidi made the...
Iraq Customs Revenue up 32% Year-on-Year
Iraq’s General Customs Authority collected IQD 442.3 billion ($293 million) in customs revenues in September 2026, up from IQD 334.2 billion ($221 million) in...
The popular movement warns of the danger of using the exchange rate option to...
Hussein al-Karawi, head of the organizing committee for the popular movement supporting the Belt and Road Initiative, has warned against using the dollar exchange...
Oil prices declined globally; Brent crude fell to $106 and West Texas Intermediate (WTI)...
Global oil prices fell on Tuesday after rising in the previous session, as traders weighed the possibility of Russian diesel supplies returning to the...