Iraq Bulletin

Month : July 2025

Business

US tariffs could impact Adidas sales and consumer demand

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Shares in Adidas fell by 6% on Wednesday after the German sportswear company warned that new U.S. tariffs will significantly raise its costs and potentially lead to price increases for consumers in the American market. The company reported that tariffs had already caused a double-digit million euro hit in the second quarter and projected that related costs......
PR Newswire

Made in Europe: Topband’s High-Value Manufacturing in Action

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TIMIȘOARA, Romania, July 30, 2025 /PRNewswire/ — To better serve European customers, Topband empowers clients through its Romania facility — a strategic hub connecting the European market while meeting local demands for cost-effectiveness, quality, efficiency, and regulatory compliance. Established in Timișoara in 2022 and operational since 2023, the 12,000 m² Topband Romania......
Business

US China trade simulator projects $485 billion export decline

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A newly released global trade simulation forecasts a dramatic contraction in Chinese exports to the United States, projecting a decline of $485 billion by 2027. The data, derived from the Observatory of Economic Complexity’s tariff simulator, is based on current and proposed tariff structures as trade tensions between the two nations persist. The U.S. currently......
Featured News

Barclays earnings exceed forecasts on market volatility

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Barclays reported second-quarter earnings that exceeded analyst expectations, supported by a strong performance in trading amid increased market volatility. The British lender posted a pre-tax profit of £2.5 billion ($3.34 billion) for the quarter ending June 2025, above the £2.23 billion estimate compiled by LSEG. Group revenues were in line with forecasts......
PR Newswire

HIMSS partners with WHX Tech to advance digital health transformation in the Middle East

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DUBAI, UAE, July 30, 2025 /PRNewswire/ — The Healthcare Information and Management Systems Society (HIMSS) will deliver world-class content, professional development and roadmaps for digital health transformation to WHX Tech, a newly launched digital health, technology and innovation exhibition in Dubai, that offers a global platform for leaders, innovators, and disruptors to......
Featured News

Explore the Future: “Forum Moscow 2030. Territory of the Future” Invites Young UAE Visitors to Experience Innovation, Creativity, and Urban Adventure

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Newszy: Dubai, UAE – Moscow is preparing to host the “Forum Moscow 2030. Territory of the Future.” — a citywide forum-festival designed to immerse youth and families in the technologies, culture, and lifestyles of tomorrow’s world. The forum supports Moscow’s long-term vision to engage global youth in meaningful dialogue, learning, and cross-cultural experiences. Held......