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☆ PetroChina to replace Exxon as lead contractor for Iraq's West Qurna 1 oilfield, oil executive says
▼ + stars: | 2023-11-11 | by ( Aref Mohammed | ) www.reuters.com time to read: +2 min

"We studied the settlement agreement and the oil ministry with the Basra Oil Company believe that the best option is for Petrochina to become the lead contractor of West Qurna 1," Hassan Mohammed, deputy Basra Oil Co. manager in charge of oilfields and licensing rounds affairs, told Reuters. Exxon and PetroChina were not immediately available for comment, but two oil managers at the West Qurna 1 field confirmed the details of the settlement and sale agreement signed with Exxon. Basra Oil Company director Khalid Hamza told Reuters in an interview in 2021 that Exxon was seeking to sell the share for $350 million. West Qurna 1, in southern Iraq, is one of the world’s largest oilfields with recoverable reserves estimated at more than 20 billion barrels. Following its exit from West Qurna 1, Exxon will have no presence in Iraq's energy sectory, said BOC officials.

Persons: Hassan Mohammed, PetroChina, Mohammed, Pertamina, Khalid Hamza, Aref Mohammed, Hadeel Al, Ahmed Rasheed, Kirsten Donovan, Giles Elgood Organizations: Exxon Mobil Corp, Basra Oil Company, Basra Oil Co, Reuters, Exxon, Exxon Mobil Corp's, BOC, Exxon Mobil’s, Thomson Locations: BASRA, Iraq, Iraqi, Basra, West, Indonesia’s, Iraq’s, Hadeel Al Sayegh, Dubai

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. "The comments yesterday were such that the theme of 'higher for longer' is more likely to manifest. So all eyes are focused on any other economic data or Fed comments that could give better feedback regarding the direction of both the economy and the markets going forward." Information technology (.SPLRCT), up 0.9% led sectoral gains, with nine out off 11 major S&P 500 sectors on the upside. The S&P 500 health sub-index (.SPXHC) fell 0.6%.

Persons: Brendan McDermid, Illumina, Jerome Powell's, Powell, Greg Bassuk, Amruta Khandekar, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, AXS Investments, Nvidia, Apple, Fed, Dow Jones, Unity Software, NYSE, Thomson Locations: New York City, U.S

☆ U.S. Forces Under Fire in Middle East as America Slides Towards Brink
▼ + stars: | 2023-11-09 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +10 min

By Phil Stewart, Idrees Ali and Ahmed RasheedWASHINGTON/BAGHDAD (Reuters) - A defective drone in Iraq may have helped keep America from being dragged deeper into a widening Middle East conflict. The possibility of a major strike that draws America into a conflict is "a very realistic concern," he said. "I think they are calibrating the attacks to harass rather than kill en masse U.S. troops," he said of Iraqi and Syrian militias. Iran says it had no role in Hamas' Oct. 7 raid on Israel, though it has welcomed the attack. "We had rocket attacks, mortar attacks, before we got hit with the big bomb," he said.

Persons: Phil Stewart, Idrees Ali, Ahmed Rasheed WASHINGTON, David Schenker, Joe Biden, Biden, Antony Blinken, Mohammed Shia Al, Sudani, Ali Turki, Arif al, didn't, Saddam Hussein, it's, Blinken, Ayatollah Ali Khamenei, isn't, Biden's, Lloyd Austin, hasn't, Tom Cotton, Austin, Lindsey Graham, Austin demurred, Graham, David Madaras, Ahmed Rasheed, Amina Ismail, Parisa, Michael Georgy, Pravin Char Organizations: U.S, Israel, Pentagon, Washington Institute for Near, Sunday, Haq, IRAN Iraq's, U.S . Navy, Wednesday, U.S . Defense, Democrat, Senate Armed Services Committee, Republican, United Locations: BAGHDAD, Iraq, America, Erbil, Iranian, Syria, Gaza, U.S, Iran, Syrian, Israel, Sudani's, Baghdad, IRAQ, IRAN, Tehran, Iraqi, Lebanon, Russian, Washington, TEHRAN, Yemen, Ukraine, China, pullout, Afghanistan, Ohio, Beirut, United States

[1/2] A view shows smoke in the Gaza Strip as seen from Israel's border with the Gaza Strip, in southern Israel October 18, 2023. REUTERS/Amir Cohen/File Photo Acquire Licensing RightsWASHINGTON/BAGHDAD, Nov 9 (Reuters) - A defective drone in Iraq may have helped keep America from being dragged deeper into a widening Middle East conflict. The possibility of a major strike that draws America into a conflict is "a very realistic concern," he said. "I think they are calibrating the attacks to harass rather than kill en masse U.S. troops," he said of Iraqi and Syrian militias. "We had rocket attacks, mortar attacks, before we got hit with the big bomb," he said.

Persons: Amir Cohen, David Schenker, Joe Biden, Biden, Antony Blinken, Mohammed Shia Al, Sudani, Ali Turki, Arif al, didn't, Saddam Hussein, it's, Blinken, Ayatollah Ali Khamenei, isn't, Biden's, Lloyd Austin, hasn't, Tom Cotton, Austin, Lindsey Graham, Austin demurred, Graham, David Madaras, Phil Stewart, Idrees Ali, Ahmed Rasheed, Amina Ismail, Parisa, Michael Georgy, Pravin Organizations: REUTERS, U.S, Israel, Pentagon, Washington Institute for Near, Sunday, Haq, IRAN Iraq's, U.S . Navy, Wednesday, U.S . Defense, Democrat, Senate Armed Services Committee, Republican, United, Thomson Locations: Gaza, Israel, WASHINGTON, BAGHDAD, Iraq, America, Erbil, Iranian, Syria, U.S, Iran, Syrian, Sudani's, Baghdad, IRAQ, IRAN, Tehran, Iraqi, Lebanon, Russian, Washington, TEHRAN, Yemen, Ukraine, China, pullout, Afghanistan, Ohio, Beirut, United States

☆ CNBC Daily Open: Strange, but good, things are happening in markets and the economy
▼ + stars: | 2023-11-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Spencer Platt | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Meanwhile, the 10-year Treasury yield fell around 10 basis points to 4.569% and the 2-year yield slipped 3 basis points to 4.915%. As Treasury yields serve as the benchmark for interest rates on loans and cash investments, sinking yields generally benefit rate-sensitive companies more. Both the economy and markets have truly acted in strange, unprecedented ways ever since the pandemic.

Persons: Spencer Platt, they're, WTI's, that's, Alastair Pinder, Austan Goolsbee, — Organizations: New York Stock Exchange, Getty, CNBC, West Texas Intermediate, Brent, Treasury, Big Tech, Amazon, Nasdaq, Dow Jones, Dow, U.S . Federal, HSBC, Chicago Federal Locations: New York City, That's, Israel

☆ October slammed biotech stocks, and these 3 hedge funds couldn't escape the pain
▼ + stars: | 2023-11-08 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +1 min

Biotech hedge funds couldn't escape a tough October, sources told Insider. Managers like Perceptive Advisors and RTW Investments lost more than 9% in just a month's time. While big-name hedge funds were able to avoid some of the market's pain last month, biotech specialists were hit hard. Some funds, including Perceptive Advisors, RTW Investments, and San Francisco-based Redmile Group, had a tough October thanks to pain across the biotech space, according to sources familiar with their performance. The flagship fund at $8 billion Perceptive Advisors, run by billionaire Joseph Edelman, lost 9.5% in the month, bringing its yearly performance to a loss of 8.7%.

Persons: Joseph Edelman, Davidson Kempner, Roderick Wang Organizations: Biotech, RTW Investments Locations: Moderna, San Francisco

☆ Drone attack targets Iraq's Harir base, sirens sound at US embassy
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +1 min

BAGHDAD, Nov 8 (Reuters) - An armed drone targeted al-Harir airbase hosting U.S. forces in northern Iraq, two security sources said on Wednesday, following sirens warning of a possible attack at the U.S. embassy in Baghdad. The sirens sounded at the U.S. embassy on Wednesday evening, several people in Baghdad's heavily-fortified Green Zone that houses the embassy said, but there were no reports of projectile impacts or casualties. A spokesperson for the U.S. embassy and an Iraqi government security official did not immediately respond to requests for comment. A group called the "Islamic Resistance in Iraq" claimed responsibility for the latest attack, saying in a statement that it targeted al-Harir airbase with two drones. Among the bases were Ain al-Asad in western Iraq, a military base near Baghdad's international airport and Harir in Erbil.

Persons: Mohammed al, Sudani, Asad, Timour Azhari, Grant McCool, Daniel Wallis, Diane Craft Organizations: Harir, U.S, U.S ., Hamas, Israel, Thomson Locations: BAGHDAD, Iraq, Baghdad, Baghdad's, Syria, Israel, Iran, Ain, Harir, Erbil

☆ CNBC Daily Open: Goolsbee’s ‘golden path’ is still visible
▼ + stars: | 2023-11-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

David Paul Morris | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineLast month's sudden surge in Treasury yields and oil prices — both of which tend to suppress investors' appetite for stocks — looks to be ending. As Treasury yields serve as the benchmark for interest rates on loans and cash investments, sinking yields generally benefit rate-sensitive companies more. Chicago Federal Reserve President Austan Goolsbee told CNBC, "Because of some of the strangeness of this moment, there is the possibility of the golden path ... that we got inflation down without a recession."

Persons: Goolsbee, David Paul Morris, they're, WTI's, that's, Alastair Pinder, Austan Goolsbee, — Organizations: Federal Reserve Bank of Chicago, Bloomberg, Getty, CNBC, West Texas Intermediate, Brent, Treasury, Big Tech, Amazon, Nasdaq, Dow Jones, Dow, U.S . Federal, HSBC, Chicago Federal Locations: Moran , Wyoming, That's, Israel

Nov 8 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Wednesday should be well-placed to bounce back from the previous day's declines, supported by another positive showing on Wall Street that secured the S&P 500's and Nasdaq's longest winning streak in two years. Tuesday's slide in U.S. Treasury yields will also support risk appetite in Asia, although some of that could be tempered by the dollar's resilience. With little on the regional economic data and policy events calendar to give markets a steer, investors will probably take their cue from Wall Street. The mostly cautious tone from U.S. policymakers on Tuesday should also help support sentiment in Asia on Wednesday.

Persons: Jamie McGeever, WeWork, Softbank, Fed's Powell, Williams, Barr, Cook, Josie Kao Organizations: Treasury, Nasdaq, Monetary Fund, IMF, Aussie, Reserve Bank of, Japan FX, Thomson, Reuters Locations: U.S, Asia, China, Beijing, Reserve Bank of Australia, Jefferson, Japan

☆ Apple's holiday-quarter forecast faces threat from Huawei, weak China market
▼ + stars: | 2023-11-01 | by ( Yuvraj Malik | ) www.reuters.com time to read: +4 min

People stand outside an Apple Store as Apple's new iPhone 15 officially goes on sale across China, in Shanghai, China September 22, 2023. Apple's (AAPL.O) own iPhone 15 line-up has gotten off to a slow start in the crucial international market. Counterpoint estimates China sales of the latest series were nearly 5% lower compared with the iPhone 14 in the first 17 days after launch. Reuters GraphicsWall Street analysts expect iPhone sales to rise about 6% in the October-December period, according to LSEG data. The segment has often outpaced growth in Apple's hardware business in recent years and now accounts for nearly a quarter of its total revenue.

Persons: Aly, Bernstein, Jefferies, Yuvraj Malik, Aditya Soni, Saumyadeb Organizations: Apple, REUTERS, Huawei, Data, Wall, IDC, Thomson Locations: China, Shanghai, Bengaluru

☆ Jordan fears the crossfire if Gaza war pulls Iran into wider conflict
▼ + stars: | 2023-10-31 | by ( Suleiman Al-Khalidi | ) www.reuters.com time to read: +6 min

[1/3] Jordanians gather during a protest in support of Palestinians in Gaza, amid the ongoing conflict between Israel and Hamas, in Amman, Jordan, October 27, 2023. Jordan neighbours Syria and Iraq - both states where Iranian proxies operate - and also sits next door to Israel and the Israeli-occupied West Bank. A Jordanian army spokesperson said on Sunday that Amman had requested that U.S. Patriot missiles be deployed in Jordan. He said Jordan's military and security forces were determined "to prevent any party in these Iranian militias from exploiting the Gaza war to achieve a security breakthrough". Iranian-backed militias hold sway on Syria's southern border with Jordan and Amman blames them and Iran for running a thriving drugs smuggling business.

Persons: Al Sukhni, Jordan, King Abdullah, Abu Nuwar, Amman, Jordan . Washington, Washington, Al Maitah, Maitah, Saddam Hussein, Asad, Bashar al, Assad, Israel, Saud Al Sharafat, Suleiman Al, Phil Stewart, Edmund Blair, Angus MacSwan Organizations: Hamas, REUTERS, West Bank, Reuters, U.S . Patriot, East, Washington, U.S, Embassy, Area Defense, Patriots, Pentagon, Patriot, Hezbollah, Jordan's General Intelligence, Thomson Locations: Gaza, Israel, Amman, Jordan, Jordan's, Jordanian, AMMAN, Washington, Iran, Syria, Iraq, Palestinian, U.S, Jordan ., United States, Ain, Lebanese, Red Sea, Eilat, Aqaba, Yemen, Khalidi

☆ Shi'ite Cleric Muqtada Al-Sadr Calls for Closure of U.S. Embassy in Iraq
▼ + stars: | 2023-10-27 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +1 min

BAGHDAD (Reuters) - Iraq's Shi'ite cleric Muqtada al-Sadr called on the Iraqi government and parliament on Friday to vote to close the U.S. embassy in Iraq for its "unfettered support of Israel." "If the government and parliament do not abide by this demand, we will go for further actions which we will later announce," the statement said. Hundreds of supporters of Iranian-backed Iraqi paramilitary groups gathered last week at Iraq's main border crossing with Jordan to express solidarity with Gaza and call for an end to Israel's blockade. Some 800 supporters of Iraq's Popular Mobilisation Forces (PMF), an umbrella group of mainly Shi'ite militia, departed from Baghdad last week in buses for the Iraqi-Jordanian border crossing in western Anbar province. It is the closest access point from Iraq to the Israeli-occupied West Bank.

Persons: Muqtada al, Sadr, Nadine Awadallah, Tala, Andrew Cawthorne Organizations: Iraq's Popular, Forces, Iraqi, West Bank Locations: BAGHDAD, U.S, Iraq, Israel, Iraqi, Iraq's, Jordan, Gaza, Baghdad, Jordanian, Anbar, Dubai

☆ Tech stocks suffer two-day selloff as investors find 'wrinkle or two' in Alphabet, Meta earnings
▼ + stars: | 2023-10-26 | by ( Ari Levy | ) www.cnbc.com time to read: +4 min

Alphabet's earnings sailed past Wall Street estimates after the markets closed on Tuesday. In Alphabet's earnings report, Wall Street fretted over the numbers out of the Google Cloud division, which is investing heavily to try and catch Amazon and Microsoft , particularly when it comes to managing hefty artificial intelligence workloads. The concern from Facebook parent Meta was sparked by comments that CFO Susan Li provided on the earnings call regarding the advertising market in the fourth quarter. Alphabet shares are down by about 12% over the past two days, while Meta has dropped roughly 7%. In emphasizing the potential business impact of war in the Middle East on its business, Meta spelled out those concerns to shareholders.

Persons: Meta, Ruth Porat, Susan Li, Li, Mark Zuckerberg, Sundar Pichai, Joe Biden, Mark Avallone, CNBC's, skittishness, You've, Avallone, trashing Organizations: Nasdaq, Apple, Google, Microsoft, Meta, Nvidia, Amazon, The Commerce Department, Hamas, Guggenheim, Potomac Wealth Advisors, YouTube Locations: what's, U.S, Ukraine, Potomac

A general view shows the interiors of what the Israeli military say is a cross-border attack tunnel dug from Gaza to Israel, on the Israeli side of the Gaza Strip border near Kissufim January 18, 2018. After the last round of hostilities in 2021, Hamas's leader in Gaza, Yehya Al-Sinwar, said: "They started saying they destroyed 100kms of Hamas tunnels. Tunneling became easier in 2005 when Israel pulled its soldiers and settlers out of Gaza, and when Hamas won power in a 2006 election. Although the military tunnels remained off-limits to outside eyes, during that era Gaza smugglers would show off their scarcely concealed commercial tunnels under the Rafah border. Israeli sources said what awaits them is formidable and they faced an enemy that has regrouped and learned from previous Israeli operations in 2014 and 2021.

Persons: Jack Guez, Lloyd Austin, Yehya Al, Sinwar, Lifshitz, Mahmoud Abbas, Amir Avivi, Abdel Fattah al, Sisi, Israel, Yasser Arafat's, Deen al, Gilad Shalit, Abu Qusay, Mohammed Deif, Deif, Joel Roskin, Ilan University, Benjamin Netanyahu, Amnon Sofrin, Daphne Richemond, Barak, Jonathan Saul, Stephen Farrell, Phil Stewart, Nafisa Eltahir, Ahmed Mohamed Hassan, Janet Lawrence Organizations: REUTERS, U.S, U.S . Defense, Israel, United Nations Security Council, LONG, Yasser Arafat's Palestine Liberation Organization, West Bank, Hamas, Brigades, Arafat's, Israel's, Ilan, Israel's Combat Engineering, Combat Intelligence Corps, Israel's Reichman University, IDF, ISIS, Thomson Locations: Gaza, Israel, Kissufim, JERUSALEM, LONDON, Hamas, Palestinian, States, Mosul, Islamic, Egypt, Israeli, Viet, Israel's, Egyptian, El Arish, Suez, Yasser Arafat's Palestine, Jordan, Rafah, Syria, Iraq, State, Jerusalem, London, Washington, Cairo

☆ Here are Thursday's biggest analyst calls: Meta, Apple, Microsoft, Live Nation, Adobe, Disney & more
▼ + stars: | 2023-10-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Bank of America reiterates Meta as buy Bank of America said it's standing by its buy rating after Meta's earnings report on Wednesday. Goldman Sachs reiterates ServiceNow as buy Goldman said it's standing by its buy rating on the stock after Wednesday's robust earnings report. "We are upgrading Adobe to a BUY rating and adding it to D.A. Bank of America initiates Paycom as buy Bank of America said it's bullish on the "fast growth" payroll and human resources company. "We are initiating coverage of Paycom with a Buy rating and $330 PO, implying upside of 30%.

Persons: Evercore, Piper Sandler, Apple, Piper, Goldman Sachs, ServiceNow, Goldman, Davidson, DA, Davidson's, Key, Oppenheimer, Cantor Fitzgerald, Cantor, Silver Lake, it's bullish, Redburn, Jefferies Organizations: Bank of America, Meta, Mac, TAM, Adobe, HSBC, Microsoft, Bank of America downgrades, Networks, of America, NASDAQ, Citi, Endeavor, Disney, Body, Northland Locations: China, Northland, Nextracker

REUTERS/Issei Kato/File photo Acquire Licensing RightsOct 26 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Thursday are set to open on the defensive, with sentiment battered by one of the biggest selloffs of the year in U.S. tech stocks and a renewed spike in longer-dated U.S. Treasury bond yields the day before. The fog of uncertainty descended further over China's embattled property sector after it was reported on Wednesday that China's largest private lender Country Garden has defaulted on a U.S. dollar bond for the first time. But the broader tone in Asia on Thursday will be set by another decline in U.S. stocks and bonds. The global market moves represented a familiar pattern since the flare-up in Middle East violence nearly three weeks ago - higher bond yields, a 'bear steepening' of the U.S. yield curve, a stronger dollar, and higher oil and gold prices.

Persons: Issei Kato, Jamie McGeever, Michele Bullock's, Bullock, Josie Kao Organizations: U.S, REUTERS, Treasury, Reserve Bank of Australia, Central Bank, Thomson, Reuters Locations: Tokyo, Japan, Singapore, Asia, East, Korean, Korea

Circuit Court of Appeals rejected lawsuits seeking to block the rule last week, saying constitutional claims do not apply to Nasdaq, which is a private entity. The Alliance for Fair Board Recruitment, one of the groups that sued, is now requesting the full 5th Circuit to review that ruling. The 5th Circuit said in its Oct. 18 ruling that while the government regulates Nasdaq, it does not control the exchange. The case is Alliance For Fair Board Recruitment v. SEC, 5th U.S. Circuit Court of Appeals, No.

Persons: Edward Blum, Jody Godoy, Aurora Ellis Organizations: U.S . Securities, Exchange Commission, SEC, U.S, Circuit, Nasdaq, Fair, Harvard University, University of North, Republican, Democratic Biden, Democratic, Companies, Thomson Locations: University of North Carolina, New York

☆ Rockets attack targets Iraqi base housing U.S. forces - sources
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: 1 min

ANBAR, Iraq, Oct 24 (Reuters) - Two rockets landed inside Iraq's Ain al-Asad air base, which hosts U.S. and other international forces west of Baghdad, two security sources told Reuters on Tuesday. One of the sources said the rockets were big, and the rocket launcher was found about 50 km southeast of the base. Ain al-Asad air base is located in the western Anbar province. Reporting by Kamal Ayash; Writing by Amina Ismail; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

Persons: Asad, Kamal Ayash, Amina Ismail, Alison Williams Organizations: Reuters, Thomson Locations: ANBAR, Iraq, Iraq's Ain, Baghdad, Ain, Anbar

[1/3] Yemenis gather during a pro-Palestinian protest to express solidarity with Palestinians in Gaza, in Sanaa, Yemen, October 20, 2023. Some demanded military action against Israel, others said Arab states should consider using other methods to stop the bombardment of Gaza. Egypt borders Gaza but has not been able to negotiate an opening of its crossing to allow in aid. Hundreds of people marched in central Tunis, a smaller protest than ones that have rallied there against Israel's Gaza campaign in recent days. On Iraq's border with Jordan, hundreds of supporters of Iran-backed paramilitary groups staged a sit-in to voice support for Gaza, brought in by bus.

Persons: Benjamin Netanyahu, Mohammed Gomaa, Souhail Ben Nasser, Netanyahu, Joe Biden, Marisa, Hussein Samir, Suleiman al, Nafisa Eltahir, Amina Ismail, Tarek Amara, Ali Kucukgocmen, Ahmed Eljechtimi, Angus McDowall, Daniel Wallis Organizations: Houthi Media, REUTERS, Israel, Gaza, U.S ., Indonesian, U.S, Iran, Bulent Usta, Thomson Locations: Gaza, Sanaa, Yemen, Jordan, Egypt, Turkey, Indonesia, Malaysia, India, AMMAN, CAIRO, Jakarta, Tunis, Israel, Palestinian, Beyazit, Palestine, Cairo, Morocco, Western Sahara, America, Asia, U.S, Kuala Lumpur, Jaipur, Mumbai, Iraq, Tehran, Baghdad, Iran, Khalidi, Amman, Nafisa, Istanbul, Rabat

The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. The SEC acted within its authority in approving the rule, and was allowed to consider the opinions of investors who said board diversity information was important to their investment decisions, the court said. "This evidence is sufficient to support the SEC's determination that regardless of whether investors think that board diversity is good or bad for companies, disclosure of information about board diversity would inform how investors behave in the market," the panel wrote. They said the rule is not a quota but a disclosure requirement that provides standardized information on board diversity. Circuit Court of Appeals, No.

Persons: Edward Blum, Blum, Biden, Jody Godoy, Mark Porter, Jonathan Oatis Organizations: Nasdaq, REUTERS, Circuit, National Center for Public Policy Research, Alliance for Fair, SEC, Harvard University, University of North, U.S . Securities, Exchange Commission, Companies, Republican, Democratic, Fair, U.S, Thomson Locations: New York City, U.S, New Orleans, University of North Carolina, New York

☆ Nasdaq beats profit estimates on strong demand for investment products
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. REUTERS/Jeenah Moon/File Photo Acquire Licensing RightsOct 18 (Reuters) - Nasdaq (NDAQ.O) on Wednesday reported third-quarter profit that beat Wall Street estimates, helped by stronger demand for its indexes and anti-financial-crime products. The diversification has helped it offset a prolonged slump in the initial public offering (IPO) market. Listings at Nasdaq are yet to gather pace despite the IPO market beginning to show "green shoots", underscoring risks to recovery even as hopes of a soft landing grow. A total of 87 companies listed on the Nasdaq Stock Market in the quarter, compared to 98 a year earlier.

Persons: Adena Friedman, Pritam Biswas, Pooja Desai Organizations: Nasdaq, REUTERS, Wall, Thomson Locations: New York City, U.S, Bengaluru

☆ U.S. says it thwarted drone attack on its troops in Iraq
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +4 min

TEL AVIV, Oct 18 (Reuters) - The U.S. military thwarted an attack targeting its forces in Iraq early on Wednesday, intercepting two drones before they could strike, two U.S. officials said after the first such attack on U.S. forces in Iraq in more than a year. The one-way attack drones were intercepted as they attempted to strike Iraq's al Asad air base, which hosts American troops, the officials said. Last week he threatened to target U.S. interests if Washington intervened to support Israel. Dozens of members of the Popular Mobilisation Forces (PMF), the state paramilitary organisation that contains many Iran-backed factions, took to the streets on Tuesday to condemn the hospital attack. Demonstrators chanted anti-U.S. and anti-Israeli slogans and said they wanted to storm the U.S. embassy for its support of Israel.

Persons: Iraq's al Asad, Joe Biden, Israel, Ali al, Hadi Al, Amiri, Washington, Kataib, Phil Stewart, Amina Ismail, Ahmed Rasheed, Ahmed Saad, Clarence Fernandez, Nick Macfie Organizations: U.S, Reuters, American, Hamas, Islamic, Israel, Hezbollah, United, Popular, Forces, ., Thomson Locations: TEL AVIV, Iraq, U.S, Washington, Iran, Israel, Gaza, Al, Ahli, Israeli, United States, Iraqi, Badr, America, Syria, State, Baghdad, Tel Aviv, Erbil

☆ Factbox-US Aircraft Carriers - What They Bring to the Middle East
▼ + stars: | 2023-10-15 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

WASHINGTON (Reuters) - The Pentagon has deployed two aircraft carriers -- and their supporting ships -- to the eastern Mediterranean since the attacks on Israel. FORD CARRIERThe Gerald R. Ford carrier, along with supporting ships, arrived in the eastern Mediterranean early last week. The Ford, which was commissioned in 2017, is the United States' newest aircraft carrier and the world's largest, with more than 5,000 sailors aboard. It has an arsenal of missiles, like the Evolved Sea Sparrow Missile, which is a medium-range, surface-to-air missiles used to counter drones and aircraft. The supporting ships, such as the Ticonderoga-class guided missile cruiser Normandy, Arleigh-Burke-class guided missile destroyers Thomas Hudner, Ramage, Carney, and Roosevelt.

Persons: Gerald R, Burke, Thomas Hudner, Ramage, Carney, Roosevelt, Dwight Eisenhower, Ike, Mason, Idrees Ali, Sandra Maler Organizations: WASHINGTON, Pentagon, FORD, Ford, Hornet, EISENHOWER Locations: Israel, United States, Arleigh, Kuwait

☆ US aircraft carriers - What they bring to the Middle East
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +3 min

FORD CARRIERThe Gerald R. Ford carrier, along with supporting ships, arrived in the eastern Mediterranean early last week. The Ford, which was commissioned in 2017, is the United States' newest aircraft carrier and the world's largest, with more than 5,000 sailors aboard. It has an arsenal of missiles, like the Evolved Sea Sparrow Missile, which is a medium-range, surface-to-air missiles used to counter drones and aircraft. The supporting ships, such as the Ticonderoga-class guided missile cruiser Normandy, Arleigh-Burke-class guided missile destroyers Thomas Hudner, Ramage, Carney, and Roosevelt. EISENHOWER CARRIERThe Pentagon directed the Dwight Eisenhower carrier strike group to move to the eastern Mediterranean.

Persons: Gerald R, Ford, Burke, Thomas Hudner, Ramage, Carney, Roosevelt, Dwight Eisenhower, Ike, Mason, Idrees Ali, Sandra Maler Organizations: USNS Laramie, U.S Naval Forces, U.S . Sixth Fleet, Pentagon, FORD, Ford, Hornet, EISENHOWER, Thomson Locations: U.S Naval Forces Europe, WASHINGTON, Israel, United States, Arleigh, Kuwait

☆ Iraq, UAE's Crescent launch deals to develop three oil and gas fields
▼ + stars: | 2023-10-15 | by ( Ahmed Rasheed | ) www.reuters.com time to read: +1 min

BAGHDAD, Oct 15 (Reuters) - Iraq has launched three energy contracts with UAE-based Crescent Petroleum to develop three oil and gas fields in Iraq, the oil ministry said on Sunday. United Arab Emirates-based Crescent Petroleum signed in February three 20-year contracts to develop oil and natural gas fields in Iraq's Basra and Diyala provinces in northeastern Baghdad. The Crescent Petroleum contracts are expected to begin producing 400 million standard cubic feet per day of natural gas within 18 months, the oil ministry statement quoted Iraq's oil minister Hayan Abdel-Ghani as saying. Abdel-Ghani, who attended the launch at the oil ministry headquarters in Baghdad, said starting operations by Crescent Petroleum will help Iraq to stop gas flaring and use the processed gas to generate electricity. The OPEC producer relies heavily on Iranian gas imports to feed its power grid.

Persons: Hayan Abdel, Ghani, Abdel, Ahmed Rasheed, Louise Heavens Organizations: UAE, Crescent Petroleum, Sunday, United, Thomson Locations: BAGHDAD, Iraq, United Arab Emirates, Basra, Diyala, Baghdad, OPEC, United States

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