Economy

Facing lawsuits and consumer outrage after it said it slowed older iPhones with flagging batteries, Apple Inc is slashing prices for battery replacements and will change its software to show…

Prosecutors asked a South Korean court to extend the prison term for Samsung Electronics heir-apparent Jay Y. Lee to 12 years, in an appeal of his five-year sentence for allegedly bribing his…

Tehran Municipality has published a database of safe urban areas on its website. Each of the sprawling capital’s 22 districts have a separate section on the website. By clicking on each area a…

With too many irons in the fire, the government and the Central Bank of Iran do not seem to be in the mood for making tough decisions, especially in the foreign exchange market.

The Central Bank of Iran's governor, in his first public comments on Bitcoin, has urged Iranian investors to exercise caution in trading the popular cryptocurrency.

"CBI is also striving…

The funds attracted from the Eximbank of Russia will be mainly used for implementing infrastructure projects and not importing consumer goods, the director of the Organization for Investment,…

The newly-purchased ATRs by Iran Air, the country’s national carrier, have been covered by Iran Insurance Company, the company’s deputy for ships, aircraft and cargo insurance announced.

Around 17 million chickens have been culled in Iran so far, due to the recent outbreak of aviation flu, the chairman of the board of directors at Tehran’s Union of Producers of Egg-Laying…

The northern Mazandaran Province has stocked 30,000 tons of citrus fruit for the upcoming Norouz (Iranian New Year) holidays (starting March 21, 2018).

More than 110,000 hectares of land…

A total of 17,550 companies and traders were involved in imports during the first nine months of the current fiscal year (March 21-Dec. 21), according to the Islamic Republic of Iran Customs…

More than $1.4 billion worth of goods were exported from the western Kermanshah Province during the first nine months of the current Iranian year (started March 21), registering a 2% rise…

Iranian economist Morteza Imanirad believes that tapping into empty capacities of production units, the rise in oil revenues and a modest increase in demand are the main reasons behind the…

The average Producer Price Index in the 12 months ending Dec. 21, which marks the end of the Iranian month of Azar, increased by 9.7% compared with last year’s corresponding period, the latest…

Things seem to be changing for the better at Tehran Stock Exchange, as market regulators have started to take a tougher stance on enforcing corporate transparency.

A close inspection of 24 industrial categories on the list of Iran’s non-oil exports (including gas condensate) during the seven months to Oct. 22 shows that five groups had the lion’s share of…

Tehran Stock Exchange’s main index lost 687.69 points or 0.70% to end Saturday trade at 97,211.4.

About 1.12 billion shares valued at $59.85 million changed hands at TSE for the day.…

Elon Musk is promising to make an electric pickup -- repeating a pledge he first made in 2013.

In a twitter conversation with Tesla fans, one asked Musk for an electric pickup. “I…

Germany’s highest court has rejected a bid by Volkswagen AG to suspend the work of a special auditor appointed to investigate management’s actions in the “Dieselgate” emissions scandal.

Belarusian bus builder Belkommunmash plans to sell electric buses to an Iranian company for intra-city travels.

Iran has signed two preliminary contracts one with a Chinese and another with a European firm to finance its airplane orders, says deputy minister of roads and urban development in international…

Based on the decisions approved and finalized as part of the annual general shareholders’ meeting of Middle East Bank held on Nov. 1, the lender will have a capital increase of approximately 1…

Hard-hitting sanctions drove the Central Bank of Iran to direct the bulk of its focus toward boosting economic growth and job creation, and as the vice governor of the regulatory entity outlines…

Central Insurance of Iran, the industry’s sole regulator, is not pursuing the reduction of the state-owned Iran Insurance Company’s market share, as it holds high untapped potential, the CII…

The Central Bank of Iran, in tandem with the Economy Ministry, is actively pursuing anti-money laundering measures to bring down crimes and violations in the banking system to zero in the…

Belarus is in negotiations on selling beef to Iran.

The possibility of selling Belarusian beef to Iran was discussed by Ambassador of Belarus to Iran Yuri Lazarchik and Iranian Deputy…