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...
Memory chip crunch set to drive up smartphone prices
Tokyo – Get ready: the price of phones, laptops, and everyday gadgets may go up next year.Manufacturers and analysts are warning that a major...
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...
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,...
Germany business morale falls as hopes for revival dim
Frankfurt – A new survey released Monday shows that business confidence in Germany dropped more than expected in November, adding to concerns that companies...
Asian stocks rise as US rate hopes soothe nerves after torrid...
Asian markets opened mostly higher on Monday, finding some calm after last week’s wild swings and concerns about a tech bubble.A big part of...
Louvre trade unions to launch rolling strike
Workers at the Louvre Museum are planning a rolling strike starting Monday, demanding more staff and better measures to manage overcrowding. The move adds...
Strait of Hormuz impasse squeezes world shipping
Strategic ImportanceThe Strait of Hormuz is a critical chokepoint for global energy markets, with roughly 20% of seaborne oil passing through. Beyond oil, it...
Mideast energy shock rattles eurozone rate-setters
The European Central Bank (ECB) is meeting Thursday amid the fallout from the Middle East war, which has sent oil and gas prices surging...
Iraq’s Civil Defense acquires IVECO Eurocargo firefighting trucks
IVECO and MTT Deliver 20 Eurocargo Firefighting Trucks to Iraq’s Civil Defense DirectorateBaghdad — IVECO and its local distributor Machine Technology Trading Co. (MTT)...
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...
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...
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...