World Bulletin / News Desk
Turkish Economy Minister Zafer Caglayan said on Monday that Iraqi Trade Ministry resumed registration proceedings.
Releasing a written statement, Caglayan recalled that Iraqi ministry halted registration proceedings for foreign companies on September 11, noting that Turkish Economy Ministry, Baghdad Embassy and Commerce Undersecretariat had closely followed the issue since then.
Noting that the decision of Iraqi ministry was not against only Turkish companies, Caglayan said that the decision was covering all foreign companies.
Caglayan added that Iraqi Ministry started the registration proceedings again as of today.
Equities have been struggling in recent weeks due to the continuing standoff between the US and North Korea, which has been compounded by Thursday's terror attack in Barcelona.
Direct investment rise follows government incentives to attract foreigners
Nobel Ilac will use the loan to expand production and improve quality of medicines
The company said the deal would make Total the second-largest operator in the North Sea, with substantial operations in Britain, Norway and Denmark.
Volatility eased as traders focused on the world economy and corporate earnings after a week dominated by the dramatic spike in tensions over North Korea, which triggered a global sell-off before prices bounced back Monday.
Investors greeted the more conciliatory tone after US stocks dropped three days in a row last week on President Donald Trump's vow of "fire and fury" if North Korea continued to pursue its nuclear weapons and ballistic missile programs.
The ultra-conservative kingdom has moved to diversify its traditionally oil-dependent economy following a sharp fall in crude prices.
In its monthly report on the global oil market, the International Energy Agency said, however, that it believes the supply glut is easing, partly because demand is growing faster.
US stocks have been in retreat since President Donald Trump Tuesday issued a fiery warning to North Korea to halt its nuclear program.
The move by one of Japan's best-known firms greatly reduces the chance of an embarrassing delisting from the Tokyo Stock Exchange (TSE).
London's benchmark FTSE 100 index weakened by 0.5 percent to 7,503.39 points.
The approval by the European Commission comes just over two months after the European Central Bank -- which took on the role of the eurozone's banking supervisor in 2014 -- allowed the sale to go ahead for a symbolic fee of one euro.