Tag: Business
Asian markets tumble as tech bubble fears grow
Hong Kong — Tech stocks led a broad sell-off across Asian markets on Wednesday, as mounting fears of an AI bubble sparked panic among...
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...
Asian markets rise on lingering trader optimism
November 3, 2025 — Asian markets climbed Monday, buoyed by optimism from Wall Street’s AI-fueled rally and signs of easing China–US tensions, as investors...
Turkey, UK sign $11bn Eurofighter deal as Starmer visits
Ankara, Oct. 28, 2025 — British Prime Minister Keir Starmer announced that the U.K. has signed a landmark agreement to sell Eurofighter Typhoon jets...
Asian markets bounce back as China-US trade fears ease
Hong Kong — Asian stocks jumped on Monday after Donald Trump struck a more conciliatory tone toward China over the weekend, easing fears of...
China’s economic growth slows amid sputtering domestic demand
Beijing — China’s economy slowed more than expected in the third quarter of 2025, growing below five percent for the first time in a...
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)...
Asia Stocks Edge Higher as Investors Balance China-US Tensions and Rate...
Asia Stocks Edge Higher as US-China Tensions Simmer and Rate Cut Hopes RiseHong Kong — Asian markets moved slightly higher on Thursday as investors...
Iraqi News
The Central Bank of Iraq reveals dollar sales figures for the first nine months...
The Central Bank of Iraq (CBI) announced that its hard currency sales topped $60 billion during the first nine months of 2025, marking a...
Iraq’s Central Bank reports decline in deposit growth and rise in credit volume
The Central Bank of Iraq (CBI) reported on Wednesday that deposits across local banks dropped in September 2025, even as overall lending saw a...
KDP claims first place in Iraq elections
The Kurdistan Democratic Party (KDP) says it has taken first place nationwide in Iraq’s 2025 parliamentary elections, citing early numbers showing a strong boost...
US reopening forecast boosts jet fuel surge
SINGAPORE — Oil prices held steady on Wednesday after posting strong gains in the previous session, as markets awaited a U.S. congressional vote that...
Basra Petrochemical Company Announces New Projects
BASRA — The State Company for Petrochemical Industries in Basra, affiliated with Iraq’s Ministry of Industry and Minerals, has unveiled a series of new...