GE snatches $15B Iraq contract from Siemens: FT

–The Iraqi government will give a $15 billion power-generation contract to General Electric, rather than to rival bidder Siemens AG, the FT reports, citing unnamed sources.

–Media reports suggested that Siemens was close to securing the contract in recent weeks, but the Trump administration put pressure on Baghdad to award the contract to a U.S. company, the FT says.

Full story: https://on.ft.com/2yjC0Qs

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