Iraq's oil exports have fallen by 8% or 300,000 barrels per day (bpd) so far in June, according to shipping data and industry sources, suggesting OPEC's second-largest producer is getting closer to ... ( read original story ...)
Lower July Iraq and Saudi exports to boost crude timespreads – Energy Aspects
Iraq is stepping up compliance with the Organization of the Petroleum Exporting Countries and allies (OPEC+) deal, with July Basrah crude exports to fall below 2.5 million barrels per day (mbpd), ... ( read original story ...)
N.Korea rejects South’s offer of envoys, vows to send back troops to border
North Korea said on Wednesday it has rejected South Korea's offer to send special envoys, and vowed to send back troops to demilitarised border units in the latest step towards nullifying inter-Korean ... ( read original story ...)
Iranian finance firm’s CEO pleads guilty to multimillion-dollar fraud conspiracy in Minnesota
The chief executive of an Iranian online financial services company pleaded guilty Tuesday to fraud conspiracy charges that federal prosecutors in Minnesota said involved millions of dollars in ... ( read original story ...)
KKR-Led Consortium Buys 6% Stake In Vietnam’s Vinhomes For $650 Million
A consortium led by KKR & Co. (KKR) announced that it has purchased a minority equity stake in Vietnam real estate developer Vinhomes JSC, for a total of VND15.1 trillion ($650 million).Shares rose 3% ... ( read original story ...)
Brazil 5G tender cannot be swayed by debates over China, says house speaker
A fifth-generation (5G) telecoms tender in Brazil should not be contaminated by ideological battles with China and more competition will lead to better prices for consumers, the head of the lower ... ( read original story ...)
Qatar had no time to waste in tackling Covid-19 outbreak: HMC official
When people’s health and safety are the priority, the stakes are high, notes Faruk Mohamed Azad, assistant executive director, Business Development at Hamad Medical Corporation and an alumnus of QF ... ( read original story ...)
Universal Music Group Expands to Morocco and Israel
Universal Music Group (UMG) has expanded its Middle East and North Africa operations by launching new divisions in Morocco and Israel. Universal Music Morocco will operate from Casablanca, led by ... ( read original story ...)
Israel’s Annexation Puzzle in the Age of Great Power Competition
Cultivating ties with China has been one important component of Benjamin Netanyahu’s grand strategy of building national resilience through economic, political, and military strength. ( read original story ...)
Why Universal Music Group Now Has Offices in Israel and Morocco
UMG’s EVP of market development Adam Granite explains the record giant's reasons for putting down new roots, and hints at the possibility of further expansion down the line ... ( read original story ...)