Category : Business

Business

China electric cars reshape fuel demand and Venezuela oil flows

iraqnewsflash.com
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite...
Business

South Korea inflation eases to 2.0% in January

iraqnewsflash.com
MENA Newswire, SEOUL: South Korea’s consumer inflation eased to 2.0% in January from 2.3% in December, as measured by the consumer price index, government data released Tuesday showed. The...
Business

Modi unveils 2047 tax holiday to grow India data centres

iraqnewsflash.com
MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads...
Business

Gold and silver selloff ripples into stocks and commodities

iraqnewsflash.com
MENA Newswire, NEW YORK: Gold and silver prices tumbled in a sharp, disorderly selloff that erased an estimated $7 trillion in notional value across precious metals, after a...
Business

Data show Trump trade war failed to cut US China trade gap

iraqnewsflash.com
WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside...
Business

Argentina settles U.S. Treasury swap obligation in full

iraqnewsflash.com
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S. Treasury,...
Business

Alphabet becomes fourth company to cross $4 trillion valuation

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MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among...
Business

Apple signs multi year deal with Google to power Siri with Gemini AI

iraqnewsflash.com
MENA Newswire, SAN FRANCISCO: Apple has entered into a multi year agreement with Google to integrate Google’s Gemini artificial intelligence models into Siri, marking one of the most...
Business

UN flags global economy operating near stagnation

iraqnewsflash.com
NEW YORK: The global economy is experiencing a period of subdued economic performance marked by weak momentum and limited expansion, according to the latest assessment by the United...
Business

Bitcoin and crypto markets react to global $17.3 trillion oil shock

iraqnewsflash.com
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital...