INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

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.

Three rockets land near oil refinery in northern Iraq

No casualties or material damage was reported from the attack. (Creative Commons)
  • The rockets fell near the Kawergosk refinery, one of the largest in oil-rich Kurdistan
  • The refinery is located about 20 kilometers (12 miles) northwest of regional capital Arbil

Three rockets landed on Wednesday near an oil refinery in Iraq’s northern autonomous Kurdistan region, with “no casualties or material damage reported”, Kurdish counter-terrorism forces said.

The rockets fell near the Kawergosk refinery, one of the largest in the oil-rich area, located about 20 kilometers (12 miles) northwest of regional capital Arbil, the forces said in a statement.

“The rockets were launched from Khazir area in Mosul,” Iraq’s second city, located to the west of Arbil, the statement added.

The attack was not immediately claimed.

It comes less than a month after Iran’s Revolutionary Guards — the Islamic republic’s ideological army — claimed an assault on Arbil that it said targeted an Israeli “strategic center”.

The Guards fired a dozen ballistic missiles in the March 13 attack, which caused extensive damage to buildings without resulting in any deaths.

Kurdish authorities have insisted the Jewish state has no sites in or near Arbil.