Tag: Business
IMF reaches agreement with Senegal on new $2.2 bn loan programme
The International Monetary Fund (IMF) has reached a staff-level agreement with Senegal on a new $2.2 billion, 36-month loan program, nearly two years after...
Musk’s empire as SpaceX counts down to Wall Street liftoff
Elon Musk is seen by supporters as a visionary engineer trying to shape the future, while critics describe him as a controversial figure who...
Union calls strike at S. Korea chip giant Samsung Electronics
The labor union at Samsung Electronics announced on Wednesday that it will move ahead with a major strike after negotiations with management over bonus...
Toyota sees profit drop as US tariffs, Mideast bite
Japanese auto giant Toyota says it expects profits to fall sharply over the next year as it deals with US tariffs and instability in...
AirAsia signs $19bn deal for 150 Airbus A220 jets
Southeast Asian budget airline AirAsia has signed a massive $19 billion deal to buy 150 new Airbus A220-300 jets.
The agreement was announced at Airbus...
G7 trade ministers set to meet but not discuss latest US...
Trade ministers from the G7 countries are meeting in Paris this week, with a packed agenda — but one big issue is being kept...
Seoul, Taipei hit records as Asian stocks track Wall St tech...
Markets across Asia started the week on a strong note, led by tech stocks, as investors took confidence from solid earnings and signs of...
Blockbuster EU-Mercosur trade deal enters into force
The European Union has moved forward with a major trade deal with the Mercosur group in South America, and it officially starts on Friday.
This...
French economy records zero growth in first quarter
France’s flat growth in Q1 highlights how quickly external shocks are feeding into Europe’s already fragile economy.
At the center of this is weak domestic...
Volkswagen warns of more cost cuts as profits plunge
The situation at Volkswagen is more serious than a normal earnings dip. A 28% profit drop alongside falling revenue points to deeper structural pressure...
Iraqi News
450,000 barrels and 500 million cubic meters of gas per day… Oil Minister announces...
Iraq’s Oil Minister Bassem Mohammed Khudair Al-Abadi oversaw the transfer of operations for four Kirkuk oil fields to a joint operating authority on Thursday,...
Gold prices fell amid anticipation of comments from the Federal Reserve Chairman regarding interest...
Gold prices edged lower on Friday as investors waited for comments from US Federal Reserve Chairman Kevin Warsh for clues about interest rates and...
Investment Package Planned for Hor Al-Dalmaj
Iraq plans to promote Dulmaj Marsh, also known as Hor Al-Dalmaj, as a major investment opportunity covering Wasit and Diwaniyah provinces.
The National Investment Commission...
Oil prices dipped slightly as investors awaited developments in the Middle East and US...
Oil prices edged lower on Friday as investors weighed tensions in the Middle East and waited for possible US action to ease restrictions on...
US dollar exchange rate slightly rises against Iraqi dinar
The US dollar exchange rate rose slightly against the Iraqi dinar on Thursday in Baghdad and Erbil, according to dinaropinions.com.
In Baghdad, the dollar traded...