Latest

BP to develop new oil and gas fields in Iraq
BP to develop new oil and gas fields in Iraq
Business and Economy
by  AFP

Iraq signed an agreement with British energy giant British Petroleum on Thursday to develop four oil and gas fields in the northern province of Kirkuk. "The memorandum includes the rehabilitation and development of the four oilfields under the North Oil Company in Kirkuk: the Kirkuk oilfield, Bai Hassan, Jambur and Khabbaz oilfields," the statement said.

Olympics tech partner Atos posts huge loss
Olympics tech partner Atos posts huge loss
Business and Economy
by  AFP

Debt-strapped French tech giant Atos, a key Olympics partner, on Thursday posted a 1.9-billion-euro ($2.1 billion) loss for the first half of the year due to a depreciation of assets and the end of contracts in the Americas. The first-half loss is largely due to a depreciation of assets totalling 1.5 billion euros.