Realtors in Tehran registered 10,325 residential property deals during the month to October 21, marking a 10.6% drop in the total number of home sales compared with the same period last year.
Gold coin prices registered growth in the past week. Bahar Azadi was traded at 11.06 million rials ($348.6) on Thursday, up from10.95 million rials ($344) at the start of the trade week on…
General Electric said on Thursday it was in discussion with the No. 3 oilfield services provider Baker Hughes on potential partnerships, Fox Business reported. “While nothing is concluded, none of…
The International Monetary Fund will withhold any further funding to Mozambique, which told creditors this week it wants to restructure its commercial loans, while the country is still classified…
Long stuck in a battle against deflation, signs are not good for the world’s third largest economy. There are calls for the Bank of Japan to push back their inflation target, DW reported. Economic…
Turkey’s banking system may face “serious problems” with profitability if loan demand continues to weaken, Huseyin Aydin, the chief executive of state-run Ziraat Bank and the head of the Banks…
The US economy grew at its fastest pace in two years in the third quarter as a surge in exports and a rebound in inventory investment offset a slowdown in consumer spending.
Sterling fell on Thursday, as risk appetite in global markets waned and investors grew cautious before the first reading of Britain's third-quarter growth data, capturing the impact on the economy…
Germany’s biggest commercial lender has posted an unexpected profit in the third quarter as it struggles to avoid a multi-billion dollar fine in the US and amid nagging doubts about its capital…
The Royal Bank of Scotland has reported a £469 million ($568.94 million) loss for the July-to-September period as “legacy issues” continue to overshadow its performance, BBC reported. The bank…
In February, immediately after the implementation of the nuclear deal, dubbed as the Joint Comprehensive Plan of Action, Iran placed orders to purchase dozens of long-distance European jets to…
Turkey’s Minister of Food, Agriculture and Livestock Faruk Celik emphasized potential opportunities for agricultural trade with Iran.
Esfahan Steel Company is scheduled to officially launch its rail production line today.
First Vice President Es’haq Jahangiri is to visit the state-run company and inaugurate the protracted…
The second track for the railroad connecting the city of Ahvaz to the Persian Gulf port of Imam Khomeini—both in southern Khuzestan Province—was inaugurated on Thursday.
The Organization of Petroleum Exporting Countries aims to shrink the world’s bloated oil inventories with its first production cut in eight years, according to Secretary-General Mohammed Barkindo…
Brazil, the fastest-growing oil producer outside OPEC, will join talks with the exporters group in Vienna on Saturday about potential cooperation.
Oil and Gas Secretary Marcio Felix was set…
Iran and the Czech Republic explored grounds for cooperation in power, water and renewable sectors in the first session of a joint energy workgroup in Prague.
The flow of Iranian natural gas to Turkey halted after an explosion hit a gas pipeline in Turkey, head of the gas measuring station at Bazargan border said on Friday.
According to Sadeq…
The official pointed to the memorandum of understanding signed with the Anglo-Dutch company that was announced this month and added, "We have held talks on investment in the upstream petroleum…
Iran's crude oil exports are set to decline 5% in November to a four-month low, a source with knowledge of its preliminary tanker schedule said, as low seasonal demand in Europe takes the edge off…
The French oil and gas company Total has managed to offset the effects of weak commodity prices by reporting better-than-expected profits in the third quarter of 2016. Total's adjusted net income…
After enduring a stagnant economy for most of the year, Thailand in recent days has begun to see signs of some hope at the end of a long, dark and gloomy tunnel. Signs of an economic pick-up are…
Spain’s economic growth eased marginally as expected in the third quarter, the statistical office INE said Friday.
Gross domestic product climbed 0.7% in the third quarter from prior three…
German bonds headed for their worst month since 2013 as a global selloff deepened amid speculation major central banks are moving closer to reining in stimulus, Bloomberg reported. Europe’s…
Profit growth in China's industrial firms slowed sharply as some key manufacturing sectors stumbled on weak activity and rising debt, suggesting the world's second-biggest economy remains…
