The field of information and communications technology has created 10% of all the jobs in Iran, the minister of cooperatives, labor and social welfare said.

“This share is expected to reach…

An economic delegation from Sweden headed by the country’s Minister of European Union Affairs and Trade Ann Linde is scheduled to arrive in Tehran on February 11 to survey ways of expanding…

Two-thirds of government expenditures are unnecessary, the parliament speaker said.

“We are short of [financial] resources. Unfortunately, our spending is high and we refuse to admit it,”…

Iran is now producing enough nitrogen fertilizers to meet all the needs of its agriculture sector, the managing director of Agricultural Support Services Company said.

The talk of tariff hikes on paper imports never fails to send shivers down the spine of most consumers, particularly newspapers. 

Groups ranging from publishers to newspaper owners to…

South Korea’s self-sufficiency rate of grain, beef and seafood sharply fell last year as imported food items appealed to consumer tastes with their lower prices and variety of flavors, according…

Prospects for the Japanese economy have brightened at the start of 2017. Business conditions in Japan continued to improve following a pick-up late last year, adding justification to upgraded…

Barclays Plc is about to overhaul its back office operations under a restructuring to help it comply with new post-crisis rules forcing British banks to ring-fence their retail operations from…

Starbucks promises to hire 10,000 refugees? President Donald Trump's supporters call for a boycott. Uber allegedly takes advantage of the president's anti-immigration decree to drum up business?…

Asserting that the steel sector has started “stabilizing”, India’s Steel Minister Chaudhary Birendra Singh on Sunday said the industry must gear up to face global competition as protectionist…

The annual Investing in Africa Mining Indaba, which is taking place from February 6-9 at the Cape Town International Convention Center, is attracting 32% more mining companies and 71% more…

Finland’s experimental scheme to provide its citizens with a basic income, regardless of employment, was launched earlier this week. The two-year pilot scheme will provide 2,000 unemployed Finnish…

Malta registered the fourth worst result in retail trade amongst EU countries in December 2016. While retail sales across the EU increased by 2.3%, retail sales in Malta shrunk by 0.7%. Eighteen…

The White House followed up on a warning issued last week and imposed new sanctions on Iran Friday, but the oil markets showed little reaction to the move on one of the world’s largest crude…

US crude exports are poised to surpass production in four OPEC nations in 2017 and may grow even more if President Donald Trump honors pledges to ease drilling restrictions and maximize output.…

An estimated $8.5 billion in projects are underway to expand the natural gas network for small towns and villages in remote areas in the southern regions, said a top advisor to the oil minister.…

Iran is offering attractive investment opportunities in its energy sector that are appealing to Czech and Slovak companies, the chairman of Czech-Slovak-Iranian Chamber of Commerce said in Tehran…

Iraq’s southern crude oil exports dropped in January from a record high a month before as the country implements output cuts agreed by OPEC and other major producers to curb the global glut.

The National Iranian Oil Company is compiling a list of domestic companies that can operate as part of future oil and gas development projects, Ali Kardor, the NIOC chief, said at the weekend.

 Japanese companies are planning to develop about 45 additional coal power plants in the next decade, as the country gradually ramps up its nuclear power generation following the Fukushima…

Philippine’s Environment Secretary Gina Lopez challenged mining companies, which she ordered suspended or closed, to give her at least 18 months to develop areas they previously occupied into…

Economic activity in the Middle East and North Africa showed surprising resilience in 2016 despite mounting political and economic headwinds in the region, says a report.

With banks flush with funds post-demonetization and surging oil prices likely to fuel inflation, the Reserve Bank of India may refrain from lowering benchmark interest rate at its policy review…

Greek banks’ non-performing loans are falling, a survey by Hellenic Bank Association said. 

The Trump administration appears intent on escalating the long-standing US practice of attacking Germany’s current-account surplus. And good news for those on the receiving end: It has probably…