Trump vows economic boom, blames Biden in address to nation

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President Donald Trump went on national television Wednesday night with a clear message: the economy is about to boom — and Joe Biden is...

Striking Boeing defense workers to vote on latest contract

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New York – More than 3,000 striking Boeing defense workers are set to vote Thursday on a revised contract proposal that moves closer to...

Chinese consumers scout lower prices, secondhand goods as spending sputters

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In Shanghai, shoppers are increasingly turning to secondhand goods as stagnating wages, youth unemployment, and a prolonged property crisis reshape consumer behavior. Items that...

IFBC Signs Strategic MoU with Business France

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The Iraqi-French Business Council (IFBC) has signed a new Memorandum of Understanding with Business France to boost economic cooperation and open more investment doors...

Asian markets mixed as traders eye US data ahead of Fed...

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Summary of Asian Markets & Global OutlookAsian stocks were mixed on Monday as investors waited for key U.S. economic data that could influence the...

At ‘Davos of energy’, AI looks to gas to power its...

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This week in Houston, natural gas became the main topic at CERAWeek—one of the biggest energy events in the world. Around 10,000 experts and...

Stocks rally as bumber Nvidia report offsets Fed rate concern

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Asian markets jumped on Thursday after Nvidia posted huge earnings, easing fears that the AI boom is turning into a bubble. The strong numbers...

Midea opens Hillah branch amid Iraq’s retail growth

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Midea Group has opened a new showroom in Hillah, the capital of Babil province and a city famous for its connection to ancient Babylon....

ExxonMobil slows low-carbon investment push through 2030

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ExxonMobil announced that it is scaling back its planned investments in low-carbon projects for the 2025–2030 period. The company now expects to spend around...

Three charged with sneaking Nvidia AI chips from US into China

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US prosecutors have unsealed an indictment revealing a $2.5 billion AI chip smuggling scheme involving employees of Super Micro Computer, targeting Nvidia GPUs destined...

OPEC+ mulls oil production increase in shadow of war

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Energy markets are watching closely as major oil producers prepare for a key decision that could influence global prices. Analysts expect leading members of...

Asian stocks rally as Trump says war to end ‘very soon’

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Global markets surged Wednesday after political signals suggested the Middle East conflict could ease, even as oil prices climbed on continued supply fears.What happenedDonald...

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Iraqi News

Kurdish opposition figure The region's finance ministry stole 5 trillion dinars allocated for job promotions.

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 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.

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

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

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...