Kurdistan Regional Government's (KRG) Natural Resources Minister Ashti Hawrami on Thursday said it would take more than a year to repair the Baiji Refinery after it was damaged in a series of attacks by Islamic State militants since June.
Industry
Canadian miners scrap over gold discovery after mega deal
On one side, the founder of top miner Goldcorp Inc (G.TO), his young apprentice, an aggressive securities lawyer, and a tiny company based in a Quebec mining town. On the other, the chief executives of two leading Canadian gold miners, fresh off one of the biggest deals of their careers.
Microsoft, publishers try to stop 'catastrophic' Google EU deal
Google's (GOOGL.O) antitrust deal with EU regulators was criticized by Microsoft (MSFT.O) and other competitors in a last-ditch attempt to influence European Competition Commissioner Joaquin Almunia before he leaves office at the end of October.
Canada seen buying fighter jets from U.S., not Europe - source
Canada is likely to choose between two major U.S. firms when it buys a new fleet of jet fighters, excluding two European competitors, according to a source with direct knowledge of the matter.
Wall Street ends down as energy shares decline, offset ECB
U.S. stocks ended down on Thursday, retreating from intraday records for the S&P and Dow, as a decline in energy shares sapped an earlier rally following the European Central Bank's new stimulus measures.
Latest News
Newmont Mining Corp has signed a deal with the Indonesian government that will allow for the resumption of copper concentrate exports next week, the head of the firm's local unit said on Thursday, ending an eight-month tax dispute.
Logitech said it would make minor adjustments to past earnings due to erroneously booking inventories, bringing an end to a three-month investigation without any financial penalties or hit to current results.
Goldman Sachs (GS.N) is reviving plans to issue at least $500 million worth of Islamic bonds, a sign that Islamic finance is going mainstream as big conventional banks seek to tap Middle Eastern money.
Nissan Motor Co (7201.T) is recalling 55,000 vehicles in Japan over a glitch in the gasoline engine starter motor, the company said on Thursday.
Indian Prime Minister Narendra Modi has scored high on overall performance during his first three months in office, but many are disappointed with his new administration's efforts to bring down inflation, an opinion poll showed.
German lender Commerzbank AG (CBKG.DE) is nearing agreement with U.S. authorities over its dealings with Iran and other countries under U.S. sanctions, sources familiar with the matter said.
The leading vodka brands in the United States are losing their buzz as craft distillers and other alcoholic drinks infringe on their turf.
Asian shares steadied near seven-year highs on Thursday, underpinned by hopes of a ceasefire in Ukraine, although a cautious mood prevailed for now ahead of a European Central Bank meeting later in the session.
U.S. stocks ended mostly down on Wednesday, as a decline in Apple shares dragged the Nasdaq lower and investors held off on big bets before the European Central Bank's upcoming policy meeting.
