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Posted on April 14, 2022

Ericsson warns likely to be fined over Iraq scandal, reports profit slump

Swedish telecom provider Ericsson said on Thursday it would likely be fined by U.S. regulators for its handling of a bribery investigation in Iraq and reported a slide in quarterly earnings due to its …

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Posted on April 14, 2022

Ericsson braced for US ramifications over Iraq scandal

Ericsson CEO Borje Ekholm warned it could be hit with financial and other penalties by US authorities in the aftermath of its Iraq scandal.

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Posted on April 14, 2022

Ericsson Says Fines Likely on Iraq Scandal, Misses Estimates

In March, Ericsson and some managers were named as defendants in a class action suit filed in the U.S. alleging violations of securities laws, in connection with allegedly false and misleading …

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Posted on April 14, 2022

Ericsson Says Fines Likely on Iraq Scandal, Misses Estimates

In March, Ericsson and some managers were named as defendants in a class action suit filed in the U.S. alleging violations of securities laws, in connection with allegedly false and misleading …

( read original story …)



Posted on April 14, 2022

Ericsson warns of possible fine over Iraq scandal; earnings miss

STOCKHOLM : Sweden’s Ericsson, under fire for its handling of a bribery investigation in Iraq, warned on Thursday of a potential fine by U.S. regulators and reported a fall in first-quarter core …

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Posted on April 14, 2022

China And The U.S. Are Battling For Influence Over Iraqi Oil

Like the first sparrow of spring, Iraq’s reversal of all promises made to the U.S. in order to secure another waiver to import electricity and gas from still-sanctioned Iran is a regular and …

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Posted on April 14, 2022

New Iranian Ambassador signals ‘Changed Approach to Iraq’

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. New Iranian ambassador signals ‘changed approach to Iraq’ Iran has …

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Posted on April 14, 2022

New Iranian Ambassador signals ‘Changed Approach to Iraq’

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. New Iranian ambassador signals ‘changed approach to Iraq’ Iran has …

( read original story …)



Posted on April 14, 2022

Iraq says OPEC+ commitment to output target helped absorb excess oil supply

The commitment of the OPEC+ group of oil exporting nations to output targets have contributed to absorbing an excess of supply in the market, Iraq’s state-news agency cited the oil ministry as saying …

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Posted on April 12, 2022

Why Won’t Iraq Ever Elect a President?

It had already intervened once in February when it barred the nomination of Hoshyar Zebari, who previously served as Iraq’s Finance and the Foreign Minister. He was banned for alleged involvement in …

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