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June 16, 2025
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  • Economy, Business And Markets
    TEDPIX Gets Past Resistance Level
    October 26,2016

    Tehran Stock Exchange’s main index gained 537.70 points or 0.68% to end Wednesday trade at 79,299.6.

    TEDPIX's previous resistance level stood at 79,000.

    More than 1.08 billion shares…

    News
  • Economy, Business And Markets
    Iran’s “Distance to Frontier” Score Improves in WB’s Business Report
    October 26,2016

    In the latest report released by the World Bank titled “Doing Business 2017: Equal Opportunity for All”, Iran shows an improvement of 0.18 percentage points in distance to frontier score, as…

    News
  • Economy, Business And Markets
    Iranian Domestic Steel Prices Rise Despite Subdued Demand
    October 26,2016

    Domestic steelmakers in Iran managed to raise prices in the free market last week despite weak local demand.

    News
  • Economy, Business And Markets
    Iran Plans Parcel Delivery Via Drones
    October 26,2016

    Iran Post Company is planning to use indigenous unmanned aerial vehicles known as drones for “urgent deliveries” to state entities in Tehran, according to the state-run firm’s CEO, Hossein Mehri…

    News
  • Economy, Business And Markets
    Tehran to Host ICOPMAS 2016
    October 26,2016

    Ports and Maritime Organization of Iran will be holding the 12th International Conference on Coasts, Ports and Marine Structures, otherwise known as ICOPMAS 2016, in cooperation with the…

    News
  • Economy, Business And Markets
    Iran's ESCO Upbeat About Steel Market Conditions
    October 26,2016

    Iranian producers intend to overcome a range of problems to hold their positions in the steel business.

    News
  • World Economy
    Brazil Consumer Confidence Rises
    October 26,2016

    Consumer confidence in Brazil rose for a sixth straight month in October to the highest in almost two years, on growing expectations of an imminent end to a two-year recession despite recent signs…

    News
  • World Economy
    Uganda GDP to Grow 5%
    October 26,2016

    The International Monetary Fund on Wednesday forecast Uganda’s economy would grow 5% in the 2016/17 (July-June) fiscal year, slightly less than its previous prediction, Reuters reported. It said…

    News
  • World Economy
    Airbus Profit Down 21%
    October 26,2016

    Airbus Group SE’s third-quarter profit tumbled 21% as the jetliner manufacturer spent money addressing production delays to its latest wide-body model, fell behind on single-aisle deliveries and…

    News
  • World Economy
    Lockheed Martin’s Profits Up
    October 26,2016

    Lockheed Martin Corp, the world’s largest defense contractor, reported a quarterly profit on Tuesday that handily beat analysts’ expectations, as sales of its Sikorsky helicopters pushed total…

    News
  • World Economy
    NZ Top Spot for Easiest Place to Do Business
    October 26,2016

    New Zealand has edged out Singapore to take top spot for ease of doing business in the World Bank’s latest rankings, but money laundering experts warned the honor masked the darker side of the…

    News
  • World Economy
    UK Gov’t Faces $102b ‘Black Hole’
    October 26,2016

    Britain’s economy could face a black hole of £84 billion ($102.3 billion) by the time Chancellor Philip Hammond sets out his spending plans in the Autumn Statement next month, a think tank has…

    News
  • World Economy
    BoJ Warned of Demerits of Easy Policy
    October 26,2016

    Years of heavy money printing by the Bank of Japan has made the bond market dysfunctional and fiscal policy heavily dependent on cheap money offered by the bank, a former BoJ deputy governor said…

    News
  • World Economy
    Lloyds Profits Dive
    October 26,2016

    Lloyds Banking Group Plc, Britain’s largest mortgage lender, posted a 15% decline in third-quarter profit as it took a £1 billion ($1.2 billion) charge to compensate customers who were wrongly…

    News
  • Economy, Business And Markets
    Iran Drafts Banking Reform Bill
    October 26,2016

    Central Bank of Iran and the Ministry of Finance and Economic Affairs have finalized the long-awaited banking reform bill, said CBI’s deputy for supervisory affairs, Farshad Heydari, adding that…

    News
  • Economy, Business And Markets
    Seif Makes Pitch for Asian Investment
    October 26,2016

    Iran on Wednesday urged Asian companies to invest in the country, saying the lifting of nuclear-linked sanctions had opened vast opportunities for foreign capital.

    News
  • Economy, Business And Markets
    Iran Says Six Months Needed for Int'l Credit Card Entry
    October 26,2016

    Creating the necessary grounds for the use of international credit cards in Iran would require at least six months, says an official with the National Informatics Corporation, affiliated to the…

    News
  • Economy, Business And Markets
    Iran's ECA Expands Int’l Ties During Berne Union Meetings
    October 26,2016

    The Export Guarantee Fund of Iran, Iran’s state export credit agency, signed agreements with its counterpart in Germany, Switzerland, Hungary, and Sri Lanka on the sidelines of Berne Union Annual…

    News
  • Energy
    Call on Dutch Firms to Help Develop Oil Terminals
    October 26,2016

    Dutch companies can cooperate with the Iranian Oil Terminals Company to develop and expand loading ports as Iran presses ahead with plans to boost crude shipments from its southern ports, head of…

    News
  • Energy
    Caracas Proposes 1/2m Barrels Cut in Non-OPEC Output
    October 26,2016

    Venezuelan Oil Minister Eulogio Del Pino said his country had proposed that non-OPEC countries remove 400,000-500,000 of barrels of crude oil per day from the market to help support prices. Del…

    News
  • Energy
    OPEC at Hardest Stage in History
    October 26,2016

    OPEC Secretary General Mohammed Barkindo said the 14-nation group is facing its toughest challenge as members debate oil-production cuts needed to balance the market.

    News
  • Energy
    Envoy: Russia's Rosneft Welcome in Oil Projects
    October 26,2016

    Iran wants Russia’s energy company Rosneft to participate in oil extraction and refining projects in the country, the Iranian ambassador to Russia said on Tuesday.

    News
  • Energy
    Zanganeh Reaffirms Domestic Role in New Energy Contracts
    October 26,2016

    Oil Minister Bijan Namdar Zanganeh on Wednesday sought to reassure his critics and stakeholders in Iran's oil and gas industry that a raft of new contracts to develop the country's massive…

    News
  • Energy
    Oil Majors Brace for Profit Pain
    October 26,2016

    The world’s biggest oil companies, supported during crude’s collapse by a buoyant refining business, have lost that buffer as brimming fuel stockpiles swamp demand.

    News
  • Energy
    Global Renewable Energy Capacity Overtakes Coal
    October 26,2016

    The International Energy Agency said that the world's capacity to generate electricity from renewable sources has now overtaken coal.

    The IEA said in a new report that last year, renewables…

    News

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