Business News Iraq

  • Defense Secretary Mark Esper said on Saturday that all of the nearly 1,000 troops withdrawing from northern Syria are expected to move to western Iraq to continue the campaign against Islamic State militants and "to help defend Iraq." Vice President Mike Pence to a five-day pause in an offensive into northeastern Syria to allow time for the Kurdish fighters to...

  • Defense Secretary Mark Esper said on Saturday that all of the nearly 1,000 troops withdrawing from northern Syria are expected to move to western Iraq to continue the campaign against Islamic State militants and "to help defend Iraq." "The U.S. withdrawal continues apace from northeastern Syria... we're talking weeks not days," Esper told reporters en route to the...

  • Oct 17- Iran- backed militias deployed snipers on Baghdad rooftops during the Iraqs deadliest anti-government protests in years, two Iraqi security officials told Reuters. The Iraqi security sources told Reuters that the leaders of Iran- aligned militias decided on their own to help put down the mass protests against the government of Iraqi Prime Minister...

  • Oct 17- Iran- backed militias deployed snipers on Baghdad rooftops during the Iraqs deadliest anti-government protests in years, two Iraqi security officials told Reuters. The Iraqi security sources told Reuters that the leaders of Iran- aligned militias decided on their own to help put down the mass protests against the government of Iraqi Prime Minister...

  • WASHINGTON, Oct 16- The White House is warning Chinese shipping companies against turning off their ships' transponders to hide Iranian oil shipments in violation of U.S. sanctions, two senior administration officials said. Trump tightened U.S. sanctions in May in an effort to drive Iran's oil sales to zero. The sanctions are aimed at quashing Iran's nuclear...

  • FRANKFURT, Oct 15- Private equity firm KKR is advancing with preparations for a stock market flotation of German defence supplier Hensoldt in a deal potentially valuing the company at more than 2 billion euros, people close to the matter said. The buyout group is working with JP Morgan and Bank of America on potentially listing 20-30% of the company on the...

  • *Dollar gains as doubts weigh on U.S.- China trade deal, Brexit. NEW YORK, Oct 14- Oil prices lost about 2% on Monday on worries that global crude demand could stay under pressure as few details about the first phase of a U.S.- China trade deal did little to assure a quick resolution to the tariff fight. "The complex is in process of relinquishing a major portion of the...

  • NEW YORK, Oct 14- Oil prices fell nearly 3% on Monday as a lack of details about the first phase of a trade deal between the United States and China undercut optimism over a trade relations thaw that had helped lift crude markets at the end of last week. "The excitement about the U.S.- China trade deal went away," said Phil Flynn, an analyst at Price Futures Group in...

  • *Iran says it wants "peace and calm" in the region. DUBAI, Oct 14- Iran on Monday urged regional powers to use diplomacy to reduce tensions including Yemen's war, but cautioned that an Iranian tanker damaged in the Red Sea last week had been hit by rockets and there would have to be consequences. Iran and its key regional rival Saudi Arabia are involved in proxy wars...

  • *Traders eye U.S.- China pact, await details. LONDON, Oct 14- Oil prices fell more than 2% on Monday as scant details about the first phase of a trade deal between the United States and China undercut optimism over a U.S.-Sino thaw that had helped lift crude markets by 2% at the end of last week. Late on Friday, the United States and China outlined the first stage of a...

  • *Traders eye U.S.- China pact, await details. LONDON, Oct 14- Oil prices fell on Monday as scant details about the first phase of a trade deal between the United States and China undercut optimism over a U.S.-Sino thaw that had helped lift crude markets by 2% at the end of last week. Late on Friday, the United States and China outlined the first stage of a trade deal and...

  • *China's Sept oil imports firm but tariffs hurt China. SINGAPORE, Oct 14- Oil prices eased on Monday as scant details on the first phase of a trade deal between the United States and China undercut last week's optimism over a U.S.-Sino thaw that helped to lift crude markets by 2% at the end of last week. The emergence of a phase one trade deal between the United States...

  • RIYADH, Oct 13- Tourist visas for Saudi Arabia are now available online and on arrival to holidaymakers who already hold a visa from the United States, Britain or the EU's Schengen zone, expanding eligibility beyond an initial list of 49 countries. The conservative Muslim kingdom, relatively closed off for decades, launched a new visa regime last month for...

  • LONDON, Oct 11- Gabon has told OPEC it will comply fully with its pledge to cut oil output under a 2019 supply deal between the exporter group and rivals such as Russia, in the latest sign of an OPEC push to improve compliance before its next meeting in December. The nation pumped 199,000 barrels per day in September according to OPEC figures, above its target under...

  • CAIRO, Oct 9- The Arab League will hold an emergency meeting on Saturday, it said in a statement, following a call by Egypt for the body to meet over Turkey's offensive into Syria. Turkey launched a military operation against Kurdish fighters in northeast Syria on Wednesday just days after U.S. troops pulled back from the area. Turkey had been poised to enter...

  • *Turkey starts operation in northern Syria. *After settlement, Beijing dims U.S.- China trade deal hopes. NEW YORK, Oct 9- Oil futures were mixed on Wednesday as a Turkey- launched offensive in Syria and hopes of progress in ending the U.S.- China trade war supported oil, but a build in U.S. crude inventories held prices back.

  • DUBAI, Oct 9- Iran's President Hassan Rouhani called on Turkey on Wednesday to show restraint and avoid military action in northern Syria, as Ankara's forces were poised to advance into an area there being vacated by the U.S. military. Iran, a close ally of Syrian President Bashar al-Assad, has regularly urged Turkey to respect Syria's territorial integrity and...

  • *Iraq and Ecuador unrest offers some price support. NEW YORK, Oct 8- Oil prices slid on Tuesday as Washington's blacklisting of more Chinese companies dampened hopes for a trade deal between the two countries, although unrest in Iraq and Ecuador lent some support to crude prices. Investors were cautious ahead of U.S.- China trade talks in Washington on Thursday.

  • *Iraq and Ecuador unrest offers some price support. NEW YORK, Oct 8- Oil prices slid on Tuesday as Washington's blacklisting of more Chinese companies dampened hopes for a trade deal between the two countries, although unrest in Iraq and Ecuador lent some support to crude prices. Washington is moving ahead with discussions over possible restrictions on capital...

  • TORONTO, Oct 8- The Canadian dollar edged lower against its U.S. counterpart on Tuesday as investors worried that trade talks this week between the United States and China would do little to help the global growth outlook. U.S. stocks fell as hopes of progress in high-level trade talks were dashed by a report Washington was moving ahead with efforts to limit...