Volkswagen is close to a $2 billion settlement deal after a US criminal investigation into the emissions-cheating scandal. A settlement is crucial to VW’s aim of rebuilding in the US, a key part…

China’s foreign exchange reserves fell by $320 billion last year, Beijing announced Saturday, as authorities sought to support the yuan against a soaring dollar which is encouraging capital…

Wells Fargo is giving 25,000 tellers and other entry level workers a raise at a time when the bank is struggling to overcome a morale problem caused by the fake account fiasco.

Wells Fargo…

The advance estimate of 7.1% GDP released by India’s Central Statistical Organization (CSO), will have major errors as it does not include the data for the months after demonetization, domestic…

Pakistan’s cotton ginning industry has announced its opposition to a free-trade deal with India.

Top UK civil servant Sir Richard Packer has revealed the ‘huge’ potential agricultural policy has for Britain following the so-called Brexit vote. In a new report for the UK’s Center for Policy…

US startup Hyperloop One disclosed a list of locations around the world vying to put near-supersonic rail transit system to the test.

The startup company keen to revolutionize the way…

Boeing Co fell 80 planes short of its goal for new orders in 2016, but likely clinched the title of world’s biggest planemaker for another year.

Bitcoin plunged by as much as 12% on Friday after China’s central bank urged investors to take a rational and cautious approach to investing in the digital currency, which is on track for its…

Jaguar Land Rover is buying a minority stake in connected car technology firm CloudCar, as automakers seek out new partnerships and investments to build high-tech models, Auto News Europe reports…

The Mexican government says it rejects the use of threats to sway investment by foreign firms. The economy department on Friday said it “rejects any attempt to influence companies’ investment…

Previous studies have linked a high consumption of grilled, barbecued, or smoked meats with an increased risk of breast cancer. Now, a new study finds that it may also increase the risk of all-…

The recent broadcast of an episode on promotion of organ donation and its importance on a popular primetime TV reality show, created a wave of  response with volunteers signing up for organ…

Tehran’s Khajeh Nasir Toosi University of Technology has prioritized international cooperation on its agenda and will foster relations with academic centers from across the world, said Farhad…

Ambulance services in most cities meet the target of reaching patients with life threatening conditions within 8-15 minutes, Health Minister Hassan Qazizadeh Hashemi, said on the sidelines of his…

Nearly 200 households in villages in Khonj County, Fars Province, that were affected by the earthquake on Friday were provided emergency services including sleep-in tents. “Around 176 tents were…

Health Minister Hassan Qazizadeh Hashemi broke ground for a comprehensive cancer center in Tehran, reported to be the largest of its kind in the Middle East, on Saturday in the presence of…

The results of a national study to determine the amount of salt and saturated fats in diets of Iranians, conducted by the National Nutrition and Food Technology Research Institute at Shahid…

Air pollution is associated with a 35% increased risk of stroke, said Dr. Amir Hejazi, scientific secretary of the 9th International Congress on Stroke, and urged for enhancing people’s awareness…

Jahan Novin Trading Company (JNA Nissan), the authorized representative of Japan’s Nissan in Iran, unveiled its latest Nissan X-Trail in Tehran on January 5.

According to the local…

This year will be a sad year for Mitsubishi enthusiasts the world over. One of Japan’s most iconic car names, the Mitsubishi Lancer will officially be discontinued in 2017.

Launched…

In a latest overview of the development of Renault’s sub-brand Dacia, Just-Auto, based in the UK, notes that when the Duster finally enters production in Iran, it could be superseded by a new…

After a robust 2016 surprised most forecasters, the growth of Europe’s auto market is expected to slow considerably this year after three consecutive years of strong gains.

The working permit of Afra Motor—a local representative of Volvo in Iran—has been cancelled until further notice.

The Ministry of Industries, Mining and Trade has taken the measure…

Production of seven cars stopped in the Iranian calendar month that ended on December 21.

The models included Rayen Khodro's Voleex C30 and Kerman Motor Company's Lifan 620. During the same…