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Iraq cabinet approves raising crude oil output capacity

Reuters The Iraqi cabinet approved a plan to raise the nation’s crude oil output capacity to 6.5 million barrels per day by 2022, according to a government statement. Iraqi Oil Minister Jabar al-Luaibi said in January capacity was currently close to 5 million bpd. The country is producing more than 4.4 million bpd in line with an agreement between the ...

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Adobe steps up AI-powered marketing to take on rivals

Bloomberg Adobe Systems Inc., the company best known for Photoshop, has lately been spending its time trying to figure out what makes consumers tick. The software maker has been quietly undertaking a project to help corporate customers automate their marketing efforts, part of an accelerated push into artificial intelligence. Called Perfect Path, the prototype system aims to use massive amounts ...

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Time Warner attacks US data underpinning AT&T merger suit

Bloomberg Time Warner Inc.’s attorneys launched a withering attack on the US government’s evidence that its proposed sale to AT&T Inc. could trigger large subscriber losses for pay-TV rivals and lead to an abuse of leverage in programming deals. On the fifth day of the Justice Department’s antitrust trial to stop the deal, Time Warner said the US’s expert estimates ...

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