Seventeen dead, dozens injured in suicide truck bombing in Baghdad

A suicide truck bomb blew up at a checkpoint in the south of the Iraqi capital Baghdad on Wednesday, killing at least 17 people and wounding more than 60, police sources said. They said the bomber detonated his explosives among other vehicles waiting to be searched at the checkpoint, setting some of them on fire.… Read More Seventeen dead, dozens injured in suicide truck bombing in Baghdad

Grupo Mexico set set to purchase Florida East Coast Railway in $2.1billion deal

Mexican miner Grupo Mexico said on Tuesday it had agreed to acquire Florida East Coast Railway for $2.1 billion, a rare acquisition that comes as U.S. President Donald Trump has been trying to renegotiate trade ties between the two countries. President Trump has threatened to renegotiate the North American Free Trade Agreement, a treaty that… Read More Grupo Mexico set set to purchase Florida East Coast Railway in $2.1billion deal

U.S. Commerce Department removes ZTE from trade blacklist

The U.S. Commerce Department will remove Chinese telecom equipment maker ZTE Corp. from a trade blacklist after the company admitted to violating sanctions on Iran, the Commerce Department said in a notice made public on Tuesday. At the same time, the Commerce Department said it would impose severe restrictions on former ZTE chief executive, Shi… Read More U.S. Commerce Department removes ZTE from trade blacklist