With Middle East in flames, Texan bunker maker sees business boom
Sulphur Springs – Since the war in the Middle East began nearly two weeks ago, the phone at Ron Hubbard’s bomb shelter company in...
Trump says will waive some oil sanctions as Iran war roils...
US President Donald Trump said on Monday that he plans to waive certain oil sanctions to increase supply and help lower prices, following market...
Asian equities plunge as oil soars 30% on Mideast crisis
Asian Stocks Tumble as Oil Soars on Middle East ConflictAsian markets took a big hit on Monday as oil prices shot up nearly 30%...
Sony faces $2.7 bn class action from UK PlayStation users
Sony Corporation is set to face a £2 billion ($2.7 billion) class-action lawsuit in London starting Tuesday, accused of breaching competition law by overcharging...
China FM urges US to manage differences in face of trade...
Wang Yi, China’s top diplomat, urged the United States on Sunday to resolve its differences with China, as tensions continue over trade tariffs and...
Google gives CEO new pay deal worth up to $692 million
Sundar Pichai could earn up to $692 million over the next three years under a new compensation plan disclosed Friday by the U.S. Securities...
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....
China sets lowest growth target in decades as consumption lags
Beijing – China has set its lowest annual growth target in decades, aiming for 4.5–5 percent in 2026, as authorities focus on tackling sluggish...
Exceptional Customs Measures Introduced to Ease Port Congestion
Iraq’s General Customs Authority has introduced temporary exceptional measures to speed up the flow of goods and reduce congestion at ports, following directives from...
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...
Chinese consumers scout lower prices, secondhand goods as spending sputters
In Shanghai, shoppers are increasingly turning to secondhand goods as stagnating wages, youth unemployment, and a prolonged property crisis reshape consumer behavior. Items that...
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...
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...