Ericsson CEO Borje Ekholm warned it could be hit with financial and other penalties by US authorities in the aftermath of its Iraq scandal.
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
Russia ‘using weapons smuggled by Iran from Iraq against Ukraine’
Iraqi militias and others say undercover networks being used to supply materiel such as RPGs and anti-tank missiles …