Mideast war revs up electric car demand in Asia
Across Southeast Asia, rising fuel prices linked to conflict in the Middle East are pushing more people to switch to electric vehicles.In cities like...
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...
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...
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...
RT Bank opens Basra branch to expand in southern Iraq
Region Trade Bank Opens New Branch in BasraRegion Trade Bank has opened a new Commercial Region Bank branch in Basra, continuing its plan to...
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...
OPEC+ mulls oil production increase in shadow of war
Energy markets are watching closely as major oil producers prepare for a key decision that could influence global prices. Analysts expect leading members of...
Solar push helps Pakistan temper Gulf energy shock
Pakistan’s growing shift toward solar energy has helped reduce the economic pressure caused by rising fuel prices and disruptions linked to tensions in the...
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...
China’s rare earths El Dorado gives strategic edge
In southern China, under layers of red soil, sits one of the most powerful resources on Earth. This is Ganzhou, a quiet-looking region hiding...
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,...
Precious metals fall again, Asian stocks swing as traders wind down
Hong Kong – Traders took it easy Tuesday as the year comes to a close, with precious metals giving back some of their recent...
Iraqi News
Kurdish opposition figure: The region’s finance ministry stole 5 trillion dinars allocated for job...
Independent Kurdish politician Saman Ali has made serious allegations against the Kurdistan Regional Government’s finance ministry, claiming more than 5 trillion dinars meant for...
Iraqi oil prices fall by 2%… Basra crude records $112
Iraqi oil prices moved lower on Wednesday, falling more than 2% as global energy markets weakened.Basra Heavy crude dropped $1.13 to $112.50 per barrel,...
Al-Kadhimi: Halting dollar shipments is American blackmail that infringes on Iraq’s sovereignty.
Former parliamentary finance committee member Mu'in al-Kadhimi criticized reports that the US halted dollar shipments to Iraq, calling the move “political blackmail” and interference...
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...