Business News Iraq

  • Iranian Quds Force commander Qassem Soleimani (C) attends Iranian supreme leader Ayatollah Ali Khamenei's (not seen) meeting with the Islamic Revolution Guards Corps (IRGC) in Tehran, Iran on September 18, 2016.

    Rep. Eliot Engel, D-N.Y., said the Trump "administration falsely claims Congress had already authorized the strike" against Soleimani.

  • Feb 13- A fast-spreading coronavirus in China has sent shockwaves through global energy markets, prompting OPEC and allied producers to consider deepening crude supply curbs as Asia's largest oil refiner has slashed over a tenth of its output. More than 1,350 people have died as a result of the virus, most of them in China. The Organization of the Petroleum...

  • *China sacks Communist Party bosses in Hubei, Wuhan. BEIJING, Feb 13- The Chinese province at the epicentre of the coronavirus outbreak reported a record rise in deaths and thousands more cases on Thursday under a new diagnostic method, suggesting a much bigger crisis facing China and the world. That took total deaths in China from the newly discovered virus to...

  • *Death toll surges by daily record 242 in Hubei- officials. *Hubei, Wuhan Communist Party bosses sacked. That took total deaths from the newly discovered virus to more than 1,350, all but two in China and most- about 1,310- in Hubei.

  • *Total deaths now more than 1,310 in mainland China. *Global expert says outbreak just' beginning' outside China. But the 2,015 new confirmed cases reported in mainland China on Wednesday was dwarfed by the 14,840 new cases reported in Hubei alone on Thursday, when provincial officials said they had adopted a new methodology for counting infections.

  • *China reports lowest number of new cases since Jan. 30. BEIJING/ SINGAPORE, Feb 12- China reported on Wednesday its lowest number of new coronavirus cases in two weeks, bolstering a forecast by Beijing's senior medical adviser for the outbreak there to end by April, but World Health Organization officials warned it could still "go in any direction."

  • *China reports lowest number of new cases since Jan. 30. BEIJING/ SINGAPORE, Feb 12- China reported on Wednesday its lowest number of new coronavirus cases in two weeks, bolstering a forecast by Beijing's senior medical adviser for the outbreak there to end by April, but U.N. health authorities warned it could still "go in any direction". The 2,015 new confirmed cases...

  • *China reports lowest number of new cases since Jan. 30. BEIJING/ SINGAPORE, Feb 12- China reported on Wednesday its lowest number of new coronavirus cases in nearly two weeks, lending weight to a forecast by its foremost medical adviser for the outbreak to end by April- but a global expert warned it was only beginning elsewhere. The 2,015 new confirmed cases took...

  • DUBAI, Feb 10- Qassem Soleimani, the Iranian military commander killed in a U.S. drone strike on Jan. 3 in Baghdad, had sought to bring stability to the Middle East, Iranian President Hassan Rouhani said on Monday. "If commander Soleimani wanted to kill American generals it would have been very, very easy for him, in Afghanistan, Iraq and any other place.

  • IRAN'S PRESIDENT ROUHANI SAYS IRANIAN COMMANDER SOLEIMANI COULD HAVE KILLED AMERICAN GENERALS IN IRAQ, AFGHANISTAN AND ELSEWHERE BUT HE DID NOT.

  • *Russia hesitant as impact from virus still not clear. The Joint Technical Committee is not a decision-making body but does advise the Organization of the Petroleum Exporting Countries and allies led by Russia, a grouping known as OPEC+. OPEC and its allies led by Russia produce more than 40 percent of global oil and the new proposed cut would constitute around...

  • *Russia hesitant as impact from virus still not clear. The Joint Technical Committee is not a decision-making body but does advise the Organization of the Petroleum Exporting Countries and allies led by Russia, a grouping known as OPEC+. OPEC and its allies led by Russia produce over 40 percent of global oil and the new proposed cut would constitute around 0.6...

  • The Joint Technical Committee is not a decision-making body but does advise the Organization of the Petroleum Exporting Countries and its allies led by Russia, a grouping known as OPEC+. In past years, Russia has regularly signaled opposition to OPEC before ultimately agreeing on policy during formal meetings. Saudi Arabia, OPEC's de-factor leader, and other...

  • The Joint Technical Committee is not a decision-making body but does advise the Organization of the Petroleum Exporting Countries and its allies led by Russia, a grouping known as OPEC+. In past years, Russia has regularly signalled opposition to OPEC before ultimately agreeing on policy during formal meetings. While OPEC countries such as Iraq, OPEC's...

  • *Russia opposes deeper cuts, prefers extension- source. The Joint Technical Committee advises the Organization of the Petroleum Exporting Countries and its allies led by Russia, a grouping known as OPEC+. Russia has regularly signaled in past years it was disagreeing with OPEC before ultimately agreeing on policy during formal meetings.

  • Tensions have spiked between Iran and the United States since top Iranian military commander Qassem Soleimani was killed in a U.S. drone strike in Baghdad on Jan. 3, prompting the Islamic Republic to retaliate with a missile attack against a U.S. base in Iraq days later.

  • BAGHDAD, Feb 4- Iraq, OPEC's second-biggest oil producer, is closely monitoring the impact of China's new coronavirus on global oil demand, particularly in Asia, Iraq Oil Ministry spokesman Asim Jihad told Reuters on Tuesday. Iraq supports any agreement that would stabilise the oil market and will work with OPEC and its allies, a group known as OPEC+, to bring back...

  • BEIJING, Jan 31- The United States' decision to raise its warning level for travel to China is not in line with the facts and is inappropriate, a spokeswoman at the Chinese foreign ministry, Hua Chunying, said on Friday on the ministry's website. The World Health Organization has urged countries to avoid travel restrictions, but the U.S. State Department has now...

  • *Italy cuts all flights to China. SHANGHAI/ BEIJING, Jan 31- The United States warned Americans not to travel to China as the death toll from a new virus reached 213 on Friday and the World Health Organization declared a global health emergency, and Britain confirmed its first two cases. "Do not travel to China due to novel coronavirus first identified in Wuhan," the U.S....

  • People participate in a protest in Times Square against military conflict with Iran on January 08, 2020 in New York.

    The Democratic-led House of Representatives voted on Thursday to approve two measures that will constrain President Donald Trump's ability to go to war with Iran.