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Iraq Bulletin

Tag : MENA Newswire

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Trump criticizes Zelensky, says Ukraine had years to end the conflict

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U.S. President Donald Trump has sparked fresh controversy by blaming Ukraine and its President Volodymyr Zelensky for the ongoing war with Russia, asserting that Kyiv could have avoided the conflict through negotiations. Speaking from his Mar-a-Lago resort in Palm Beach,...
Business

Fed faces tough choices as egg prices soar amid shortages

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Rising egg prices in the U.S. are drawing attention as inflation concerns persist, potentially complicating the Federal Reserve’s monetary policy strategy. A severe egg shortage, largely attributed to an avian flu outbreak, has driven prices up by 15% from December...
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Tesla lists job vacancies in India after Modi-Musk meeting

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Tesla Inc. has initiated hiring in India, signaling its anticipated entry into the South Asian market. The electric vehicle (EV) giant, led by Elon Musk, has listed 13 job openings spanning customer-facing and operational roles, according to a media report....
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HSBC job cuts in Hong Kong part of $2.5B savings plan

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HSBC is set to announce $1.5 billion in annual cost savings as part of its ongoing restructuring efforts, with significant job cuts already underway. The bank has laid off nearly 40 investment bankers in Hong Kong, including four managing directors,...
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Sochi joins Etihad Airways’ growing network with new direct flights

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Etihad Airways has announced the launch of a new route connecting Abu Dhabi’s Zayed International Airport (AUH) to Sochi International Airport (AER), further expanding its global network. The airline will operate three weekly flights to Sochi, a key destination on...
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Emerging economies to drive 85% of global electricity demand growth

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Global electricity demand is projected to grow at its fastest rate in recent years, increasing by nearly 4% annually through 2027, according to a new report from the International Energy Agency (IEA) released today. The surge in power consumption is...
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Modi and Trump discuss energy trade to reduce US India deficit

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Indian Prime Minister Narendra Modi and U.S. President Donald Trump have agreed to commence negotiations on a bilateral trade agreement, marking a significant step in strengthening trade ties between the two nations. Announced during Modi’s visit to the White House...
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U.S. Treasury yields drop despite stronger-than-expected inflation data

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U.S. Treasury yields declined on Thursday despite the release of another inflation report indicating stronger-than-expected price pressures. The 10-year Treasury yield fell by 8 basis points to 4.554%, while the 2-year Treasury yield slipped 4 basis points to 4.321%. Yields...
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Sony ups revenue and profit guidance after strong PS5 sales

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Sony has raised its full-year revenue and profit forecasts following a strong performance in the gaming sector during the December quarter. The Japanese technology giant now expects sales for fiscal year 2024 to reach 13.2 trillion yen ($85.6 billion), reflecting...
Business

Jamie Dimon stands firm on JPMorgan’s five-day return-to-office rule

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JPMorgan Chase CEO Jamie Dimon has dismissed employee opposition to the bank’s strict five-day return-to-office (RTO) mandate, rejecting a growing petition effort during a recent town hall meeting. According to media outlets, Dimon responded bluntly to questions about the policy,...