Day: July 16, 2025

In a significant milestone for Azerbaijan’s energy sector, Moody’s Investors Service has upgraded the long-term issuer rating of the State Oil Company of Azerbaijan Republic (SOCAR) to Baa3 (stable) — marking the company’s transition to investment-grade status. This move not only enhances SOCAR’s financial standing but also broadens its investor base, particularly among…

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Samsung Electronics Co. maintained its lead in the global smartphone market in the second quarter, driven by strong sales of its competitively priced Galaxy A series, according to industry data released Tuesday, Azernews reports, citing Yonhap Agency.