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 Conflict
Asian 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
Foreigners’ wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects
Iraq's Parliamentary Committee on Oil, Gas, and Natural Resources has raised concerns about the large gap between the salaries of Iraqi workers and foreign...
Gas Processing Unit Opens at East Baghdad South Field
Iraq has officially opened a new gas processing unit at the East Baghdad oil field with a production capacity of 30 million standard cubic...
New Wave Offshore Energy Wins Contract for AGUP Phase 2
Sinopec has awarded a Marine Warranty Survey contract to New Wave Offshore Energy for work related to Phase 2 of the Associated Gas Upstream...
Private Banks League discusses Banking Reform with Parliament
Iraq's Parliamentary Finance Committee recently held a workshop with the Iraqi Private Banks League (IPBL) to discuss the current condition of the country's banking...
The Ministry of Finance begins funding employee salaries for the month of September.
The Iraqi Ministry of Finance announced on Wednesday that it has officially started funding employee salaries for September.
According to a brief statement from the...