Two class action lawsuits have been launched against Apple in the US following the tech giant’s admission that it slows down older models of the iPhone as they age.
Apple has said that…
Economy
Economy
Mobile operator MTN-Irancell is expanding its presence in the northern city of Rasht.
In a meeting between Irancell’s deputy director Mohammad Reza Mansouri and Rasht Municipality…
Economy
China has closed more than 13,000 websites since the beginning of 2015 “for breaking the law or other rules” and “the vast majority of people support government efforts to clean up cyberspace”,…
Economy
A majority of goods are imported into Iran using foreign currencies at official rates, meaning that those able to engage in imports through this channel rack up significant gains, the deputy…
Economy
The Majlis Economic Commission will present its report on Iran’s status vis-à-vis the Financial Action Task Force in coordination with the Supreme National Security Council, the head of the…
Economy
Iranian insurance companies have paid out over 35 million claims during the previous fiscal to March 20, 2017, which indicates a growth of 10 million compared to its previous year.
Economy
Comprehensive policies that will allow for fees to be obtained from people on payment transactions made with retail point of sale devices will be finalized by the end of the current fiscal year…
Economy
Bank Mellat is to launch a comprehensive project with the aim of boosting digital banking across all its services, its chief executive said.
Economy
Managing Director of the Islamic Republic of Iran Shipping Lines Mohammad Saeedi said on Saturday the first of 10 new ships ordered by his company from Hyundai Heavy Industries will be delivered…
Economy
Tehran Stock Exchange’s main index gained 1,307.43 points or 1.37% to end Saturday trade at an all-time high of 96,816.
About 1.17 billion shares valued at $73.20 million changed hands…
Economy
Despite the Interior Ministry’s announcement last week that Parvizkhan border crossing in the western Kermanshah Province will be reopened within 48 hours, this frontier with Iraq’s Kurdish…
Economy
Sefid-Dasht Steel Complex produced 291,269 tons of direct-reduced iron during the eight months since the beginning of the current fiscal year (Oct. 23-Nov. 21), indicating a 250% upsurge year-on…
Economy
Iranian container ports handled 2.14 million TEUs during the first nine months of the current Iranian year (March-December 2017), registering a 7% growth compared with last year's corresponding…
Economy
The export price index stood at 275.9 in the eighth Iranian month of Aban (Oct. 23-Nov. 21), registering a 5.7% increase compared with the preceding month and a 26.4% rise compared to last year’…
Economy
The goods and services Consumer Price Index in the 12-month period ending Dec. 21, which marks the end of the Iranian month of Azar, increased by 8% compared with last year’s corresponding…
Economy
Iran’s small- and medium-sized enterprises attracted some $2 billion worth of foreign investments during the first 100 days of President Hassan Rouhani’s second term, Minister of Industries,…
Economy
The Second National Exhibition of Metallurgy (steel, casting & related machinery) opened on Saturday in Ahvaz International Permanent Fairground with the participation of 50 domestic…
Economy
About 66,650 tons of fruit and vegetables worth 155.8 billion rials ($3.72 million) were exported from Alborz Province during the six months to Sept. 22, the head of Alborz Agricultural Jihad…
Economy
Trade between Iran and European Union member states stood at €1.85 billion in October, registering a 54% rise compared with last year’s similar period, according to the latest report released by…
Economy
The customs bodies of Azerbaijan and Iran will prepare a plan in the framework of cooperation to combat customs offenses, the State Customs Committee of Azerbaijan said.
Economy
Iran Khodro Diesel, a local truck-maker and a subsidiary of Iran Khodro Company, has launched the assembly line for two Hyundai trucks.
IKD and the South Korean firm signed a deal in…
Economy
A former Volkswagen executive has been sentenced to seven years in prison and a $400,000 fine, after admitting he helped the firm evade clean-air laws. Oliver Schmidt, 48, is the second person…
Economy
Although some called for allowing moneychangers to deal in virtual currencies, especially the ubiquitous Bitcoin, all Iranian bureaux de changes are currently prohibited from engaging in deals…
Economy
The volume of electronic payment transactions during the second half of the previous Iranian fiscal to March 20, 2017 has exceeded the figure of gross domestic product.
Economy
As the Iranian month of Azar ended on Dec. 21, the currency market drew the curtain on one of its most eventful months of the year. During the month–a time when most foreign exchange settlements…
Economy
