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News
Central Bank currency rates for July 28
8+ hour, 3+ min ago (117+ words) Fineko/abc.az July 28, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has announced the exchange rate of the Azerbaijani manat against foreign currencies. The CBA reports that the manat rate has grown to the euro and to the…...
KPMG: Artificial Intelligence Begins Delivering Financial Returns for Manufacturers
19+ hour, 33+ min ago (119+ words) Fineko/abc.az KPMG: Artificial Intelligence Begins Delivering Financial Returns for Manufacturers July 27, Fineko/abc.az. According to KPMG’s "Global Tech Report 2026: Industrial Manufacturing," 87% of industry executives believe advanced technologies will drive competitive advantage, with 49% reporting significant financial gains from…...
Lloyd's of London Suspends War Risk Insurance for Saudi-Linked Vessels in Red Sea
19+ hour, 10+ min ago (129+ words) Fineko/abc.az July 28, Fineko/abc.az. Lloyd's of London, the world's leading insurance market, has informed the Saudi maritime industry that it is suspending the underwriting of war risk insurance for vessels associated with Saudi Arabia navigating the Red…...
Sri Lanka Confronts Surging Fuel Costs Amid Oil Market Strain
19+ hour, 38+ min ago (133+ words) Fineko/abc.az July 27, Fineko/abc.az. Rising global crude prices are compounding economic pressure on Sri Lanka, an island nation fully reliant on fuel imports. The head of the state-owned Ceylon Petroleum Corporation reported that since the beginning of…...
Azerbaijan exported 461,300 tons of oil to Romania
23+ hour, 52+ min ago (119+ words) July 27, Fineko/abc.az. Over Jan-Jun 2026, our country exported 461,317.3 tons of crude oil to Romania for $247.845 million. The State Customs Committee informs that compared with Jan-Jun 2025, Azerbaijan’s export declined by 32.7% and its value by 34.4%. Romania's share in overall export of…...
Iraq and Syria Prepare to Sign Agreement on Mediterranean Oil Pipeline
1+ day, 12+ hour ago (167+ words) Fineko/abc.az Iraq and Syria Prepare to Sign Agreement on Mediterranean Oil Pipeline July 27, Fineko/abc.az. Iraq is preparing to sign an official memorandum of understanding with Syria on the construction of pipelines connecting its inland oil production…...
U.S. Demands Over $15 Million in Taxes From World Cup Winner Spain
3+ day, 18+ hour ago (151+ words) Fineko/abc.az July 24, Fineko/abc.az. U.S. tax authorities have demanded that the Spanish national football team pay over $15 million—representing roughly 30% of their total World Cup prize money—in income taxes earned on American territory, Fox News reports. Although…...
Databricks Extends Strategic Azure Partnership with Microsoft into 2030s
3+ day, 20+ hour ago (134+ words) Fineko/abc.az July 24, Fineko/abc.az. Data analytics and artificial intelligence platform Databricks has announced an expansion of its strategic partnership with Microsoft, extending the collaboration into the 2030s. Under the agreement, Databricks will deepen its reliance on Microsoft Azure…...
Meta Launches "Seller" Standalone App for Facebook Marketplace Merchants
3+ day, 20+ hour ago (118+ words) July 24, Fineko/abc.az. Meta Platforms has launched a dedicated standalone mobile application called "Seller" for Facebook Marketplace users, unifying sales management, buyer communication, and performance analytics into a single interface. Centralized Management: Includes a seller home dashboard highlighting urgent…...
Ilham Aliyev carries out personnel changes in diplomatic corps ABC.AZ
4+ day, 45+ min ago (100+ words) July 24, Fineko/abc.az. President Ilham Aliyev has signed four orders on new personnel changes in the diplomatic corps. According to the orders signed on July 24, 2026, Rashad Eynaddin oglu Mammadov has been recalled from his position as Ambassador Extraordinary and…...