INSEAD-Day

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Iraq acquires ExxonMobil share

The share was bought by Iraqi national oil company.
  • The share was bought by Iraqi national oil company in the West Qurna field
  • The field is one of the giant fields, the Iraqi oil ministry statement said

The Iraqi cabinet on Wednesday approved the acquisition of ExxonMobil’s share in the West Qurna field by the national oil company.

“The cabinet has approved the acquisition of ExxonMobil’s share in the West Qurna/1 field,” Oil Minister Ihsan Abdul Jabbar Ismail said in a statement received by the Iraqi News Agency (INA).

“The West Qurna field is one of the giant fields,” the statement added.