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FILTERED RESULTS
Ukraine Attacks Key Russian Refinery and Oil Pipeline Hub
French Bond Risk Hits Euro-Crisis Levels as Fiscal Concerns Grow
Investors seek refuge from bond rout in haven German debt
Galp Said to Weigh Sale, Partner for Renewable Energy Assets
AI Tools Suspected in Korea’s Shinhan Bank Hack, Yonhap Says
France Floats Diesel, Crude Release Amid US Export Ban Risk
Saudi Arabia Hikes Oil Flow on Key Pipeline to Over 80% Capacity
Exclusive-OPEC+ delays oil capacity review after Iran war disrupts expansion plans, sources say
Boris Vujčić: Resilience, integration and competitiveness: building the future of European banking
OPEC+ Delays Oil Production Capacity Assessment Due to Incomplete Data Submission
Stocks and Bonds Rise in Run-Up to Payrolls Data: Markets Wrap
Europe Has ‘Decent Cushion’ of Diesel Reserves: SocGen
Bond Traders Expect Jobs Data to Leave Fed-Hike Bets Intact
French Bond Yields Reach Levels Not Seen Since Eurozone Debt Crisis
Premarket movers: ike tumbles 10%, Synaptics jumps on $5.7B deal
Airbus narrows delivery gap but faces new A330 quality checks
US Inches Closer to Breaking Permit Logjam for Key Energy Projects
WealthAi Introduces AI Agents for Client Onboarding and KYC Processes
European Union Rejects Potential U.S. Diesel Export Ban
My mortgage is a problem for the Fed, and for America
French-German Bond Spread Reaches 150 Basis Points Amid Fiscal Uncertainty
Three OpenAI Safety Team Members Dismissed After Alleged Confidential Information Breach
French Bond Rout Recalls Euro Debt Crisis, Candriam CIO Says
Zimbabwe to Cancel Import Duty on Food as Cushion From El Nino
Burger King Focuses on Local Franchisees for U.S. Turnaround
Global Interest Rate Expectations Shift Amid Geopolitical Developments and Central Bank Signals
Moderna (MRNA) Secures Nasdaq-100 Spot Despite Citi’s Sell Rating
China Resumes Curbs on Fuel Exports, Tightening Global Energy Markets
FlyDubai Pilots Taken to UAE as Investigators Look For Clues
Bessent’s Message on US Wages Bears Risks
Prabowo Taps Tycoons, Religious Leaders as Presidential Advisers
Australia’s ‘postcard from the future’ of big batteries
General Motors (GM) Rallies Despite 5.5% Q3 Sales Decline and Weakening EV Performance
RBC downgrades Commerzbank on rising execution risk from UniCredit plans
Why is Better Home & Finance stock rallying 5% today?
UK firms see price, wage growth steady as energy costs squeeze margins
Austria’s inflation climbs to 3.5% in September
France Proposes Release of 100 Million Barrels from Energy Reserves
Germany says US still a reliable fuel supplier
Global equity funds draw inflows for second week as AI optimism holds
Permanent FRTB reforms seen as vital for IMA adoption
Cathie Wood’s Fund Shifts Portfolio: Major Rocket Lab Buy Alongside Palantir Sale
Swiss Franc Is Back as Haven as French Angst Hits Euro Markets
Eurozone inflation hits three-year high of 3.8%
Lloyds Survey Indicates Strong Belief in Tokenisation's Impact on UK Financial Services
Bitcoin Struggles to Recover as September Sees Increased Volatility
French-German 10-Year Government Bond-Yield Spread Reaches Highest Level Since 2011
Alphabet (GOOGL) Slips 2% Despite Gemini 4 Argon Outperforming OpenAI in 13 of 19 Tests
AT1 Niche Turns Into Acute Painpoint of Global Bond Selloff
Meta (META) Rallies 27% in Four Weeks as Muse AI Tops 5 Million Downloads
Europe diesel prices drop as bloc weighs fuel reserve release - report
Croatia’s September inflation reaches 4.6% in line with forecasts
German government to raise forecasts due to strong H1, source says
European shares rebound after bond rout, inflation fuels rate worries
Investors Punish Paramount Skydance (PSKY) Over Leverage Concerns as WBD Deal Nears Close
September Jobs Report Takes Center Stage as Futures Climb Ahead of Friday Release
Credit Markets Sputter as Spreads Widen Most Since March
Salesforce (CRM) and Microsoft (MSFT) Lead Software Rally as AI Fears Fade, Says Cramer
Treasuries Rebound Raises Stakes for Job Data as Hikes Loom
U.S. SEC Introduces Framework for Tokenised Stocks Amid Regulatory Caution
Cost of Insuring French Government Debt Reaches Multi-Year High
RBA says stability risks mainly come from abroad
Claude Creator Prepares $100 Billion Public Offering Ahead of Thanksgiving
Nike (NKE) Shares Plunge on Weak Q1 Sales and $2.5B Restructuring Strategy
Gunvor rebrands in new attempt to distance itself from past Russia links
Diesel falls sharply as EU considers releasing 50mn barrels under pressure from Trump
Higher Eurozone inflation adds pressure on ECB to tighten again
Elev8 Broker Launches Charity Initiative to Support Education in Bangladesh
Anthropic Cautions on Government Attitudes Impacting Business Prospects
Iraq tightens public contracts scrutiny in corruption crackdown
Iraq is tightening scrutiny of government contracts as part of Prime Minister Ali Al-Zaidi’s anti-corruption drive.
The country’s top financial watchdog has introduced additional checks before deals can be finalised.
The Federal Board of Supreme Audit (FBSA) said the new system would allow it to review contracts and projects across state institutions before approval, helping identify potential violations.
FBSA chairman Ammar Al-Mashadani said the board had devised a mechanism to monitor contracts before approving them.
“The board has adopted a process for auditing contracts, and all state institutions are subject to the Bureau’s audit. The goal of the audit is to correct the course, not to escalate the error,” he told the state news agency.
“The implementation of this phase has become rapid and precise, and we will see its fruits in future contracts,” he added.
Iraq, which controls the world’s fifth-largest recoverable oil deposits, has recovered millions of dollars in allegedly stolen funds during the ongoing clampdown. The crackdown has also led to the imprisonment of many officials and former public servants.
Further reading:
- Investors weigh Iraq risk as US troops prepare to leave
- Iraq offers cash rewards for blowing the whistle on corruption
- Iraqi bank reforms could open up sector for regional investors
In July, Al-Mashadani said the FBSA had launched a probe to trace ID100 trillion ($77 billion) allegedly lent to government officials, ministries and other public entities over the past 22 years.
He said the loans remained unpaid, although some date back to 2004 and were provided by the finance ministry, central bank and other official bodies.
“The contracting process is lengthy and complex, involving stages related to tendering, public announcement and evaluation,” Al-Mashadani said on Thursday.
Iraq has performed poorly in global corruption indices in recent years. The country ranked 136th out of 182 countries in the latest corruption index compiled by Berlin-based Transparency International.
Source: AGBI