Reuters Iraq, OPEC’s second-largest producer, plans to cut crude exports from its southern port of Basra to 3.013 million barrels per day (bpd) in March, a loading programme obtained by Reuters on Monday showed. The March volume is 628,000 bpd less than what was planned for February and the lowest since the August programme, adding to signs that Baghdad ...

  Bloomberg The election of Donald Trump in the US and the UK’s decision to leave the European Union are heightening economic risk in the euro area, the European Commission said, as it predicted growth would slow this year. In its first set of economic forecasts compiled since Trump’s victory and with the British government gearing up to officially trigger ...

  Bloomberg Toyota Motor Corp. recently ceded its title as the world’s best-selling automaker to arch-rival Volkswagen AG. Yet the Japanese company’s biggest adversary this year may be US President Donald Trump. Japan’s largest automaker expects profit to fall to 1.7 trillion yen ($15.1 billion) for the fiscal year ending next month, about a quarter less than the previous annual ...

  Bloomberg The Swiss government must come up with a new plan and figure out how to limit economic fallout after voters rejected its bid to reform corporate taxation to keep the country internationally competitive. Because Switzerland needs to end its current practice of giving thousands of multinationals tax breaks, the government will have to concoct a Plan B to ...

  Bloomberg A parade of up-and-coming musicians from Universal Music took the stage at the Ace Hotel in downt- own Los Angeles in a pre-Grammy Awards performance for a room full of the executives who will make or break their careers. Talent bookers from James Corden’s late-night show, marketing executives from top brands and executives from Spotify Ltd. and YouTube ...

  Bloomberg A consortium of Australia’s biggest banks has abandoned its attempt to negotiate as a bloc with Apple Inc. over the cost of using its mobile payment system, narrowing its claim to focus solely on access to a key piece of iPhone technology. In their final submission to the competition regulator, the banks hit back at earlier claims by ...

  Bloomberg The Pentagon is paying hackers to test its key internal systems for vulnerabilities — and they are finding weaknesses faster than expected. In a pilot project this past month, the Pentagon’s Defense Digital Service let about 80 security researchers into a simulated “file transfer mechanism” the department depends on to send sensitive e-mails, documents and images between networks, ...

  New York / DPA It’s a challenge for war reporters to get information as conflicts rage in remote parts of the world, making it hard or even impossible for civilians to get there and file news reports. Another dilemma is the opposite predicament – having too much information. Conflicts like the Syrian war have produced a flood of YouTube ...

  WILLIAMSVILLE, NY / AP Teachers from elementary school through college are telling students how to distinguish between factual and fictional news — and why they should care that there’s a difference. As Facebook works with AP, FactCheck.org and other organizations to curb the spread of fake and misleading news on its influential network, teachers say classroom instruction can play ...

  DUBAI / WAM Dubai Wholesale City, a member of the TECOM Group, has hosted an Innovation in Trade forum at its headquarters in Dubai Studio City. The event attracted experts to discuss latest advances and trends in the wholesale trading sector and identify the steps necessary to shape a smart city platform in line with the Dubai Government smart ...