Iraq Bulletin

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Business

Modi unveils 2047 tax holiday to grow India data centres

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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 using data centre services based in India, a long-horizon incentive unveiled in the Union Budget 2026 to strengthen the country’s role in global digital infrastructure......
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Meta lays off 3,600 employees as tech sector job cuts continue

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Meta is laying off 3,600 employees, or 5% of its workforce, as it continues restructuring in 2025. The layoffs, focused on “low performers,” impact multiple regions but exclude some EU countries....
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About 2 million air fryers were recalled because of fire hazards

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As a result of a wire connection overheating in the air fryers, the U.S. Consumer Product Safety Commission has recalled about 2 million Cosori air fryers. According to the company, more than 200 users have reported that the appliances caught fire. In North America, Canada, and Mexico, Cosori is recalling......