Iran exported more than 13,000 tons of goods worth $8.5 million to Singapore during the first six months of the current Iranian year (started March 20), registering a twofold rise over the similar…
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Months have passed since Iran’s tourism authority announced a scheme to subsidize travel for encouraging Iranians to travel domestically and visit far-flung destinations. But the plan, which was…
NewsOfficials from the Bpifrance and Export Development Bank of Iran discussed expansion of ties Sunday in Tehran. According to EDBI’s website, financing small and medium-sized businesses and…
NewsCapital Intelligence Ratings (CI), the international credit rating agency, announced this week that it has assigned first-time Long- and Short-Term Insurer Financial Strength Ratings (IFSRs…
NewsDespite his deep-seated concerns for US growth, popular Canadian economist David Rosenberg is more optimistic for the global growth outlook, which he thinks could surprise on the upside, based on…
NewsAccording to data released this month by the Organization for Economic Cooperation and Development, some 76% of young adults in Greece aged between 15 and 24 live at home, GreekReporter said. The…
NewsGeneral Motors Co. plans to launch a new SUV production line at its joint venture factory in the Chinese central city of Wuhan during the first half of 2017, the official Xinhua News Agency…
NewsThe cost to restructure debt laden shipping and shipbuilding industries in South Korea will be as much as 31 trillion won ($27 billion), according to the International Monetary Fund.
NewsBritain could slash corporation tax to 10% if the European Union refuses to agree a post-Brexit free trade deal or blocks UK-based banks from accessing its market.
NewsVenezuela is plagued by widespread hunger, skyrocketing infant mortality and 500% inflation. Yet its sovereign bonds are the best performers in emerging markets this year, delivering investors a…
NewsEgypt’s imports have declined by $7 billion in the period from January to September, according to Minister of Trade and Industry Tarek Kabil, Ahram reported. Egypt’s exports, however, increased…
NewsIraq will maintain oil production at current levels after exceeding 4.7 million barrels a day in September, even as other OPEC members discuss limits on output.
Iraq asked the Organization…
NewsAfter a heart-stopping plunge in the price of crude over the last two years, along with slashed dividends and the elimination of tens of thousands of jobs, the biggest oil companies are proving…
NewsOil Minister Bijan Namdar Zanganeh on Sunday urged non-OPEC producers to join an OPEC-led initiative to cut crude production to rebalance the market and lift prices.
“Members of the…
NewsIran's Energy Efficiency Organization (SABA) and Italy's Centro Elettrotecnico Sperimentale Italiano (CESI) signed an agreement in Tehran on Sunday on technology transfer and implementing the…
NewsA senior official on Sunday outlined some of the terms and conditions of the new oil and gas tenders that make it difficult for small and mid-tier companies to enter the multibillion dollar energy…
NewsKuwait's finance minister and acting oil minister Anas al-Saleh sees crude oil prices at $50 to $60 a barrel within the next 15 months, Reuters reported on Sunday. Saleh made his comments in an…
NewsRatings agency Fitch cut its outlook for Italy, saying weak growth, high debt and the uncertain outcome of a planned referendum posed risks to the eurozone’s third-largest economy.
NewsIndia has seen several instances of banking cyber fraud over the years. If you haven’t received at least one call purportedly from the Reserve Bank asking to reset your PIN, you haven’t really…
NewsOutstanding loans by Chinese financial institutions to small and micro businesses stood at 19.92 trillion yuan ($2.97 trillion) by the end of September, up 15.9% year on year, according to the…
NewsThe Nordic region’s only euro member is still struggling with austerity. After being stripped of its top AAA credit grade at all three major ratings companies, the government is asking Finns to…
NewsThe growing political backlash against trade in the advanced economies has raised a crucial question: does globalization need to be rolled back in order to preserve an open world economy? If…
NewsS&P raised its outlook on France’s “AA” long-term sovereign credit rating to “stable” from “negative”, citing labor and tax reforms introduced in the last two years, in a boost to President…
NewsNigeria’s overnight interbank rate fell after the central bank repaid matured treasury bills and cash meant for government’s capital projects reached the system, traders said.
NewsCharities said they’re worried about the safety of minors and vulnerable adults ahead of the dismantling of the French migrant camp. Police fired smoke grenades as people grew angry at the “Jungle…
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