Iran’s major steelmakers exported over 4.12 million tons of crude steel and steel products in the nine months ending December 20, registering a 55% growth compared with last year’s corresponding…

Nissan is halting joint development of luxury cars with Daimler’s Mercedes-Benz, sources close to the companies told Reuters, suspending a key project in their seven-year partnership and…

Verizon’s proposed purchase of Yahoo, marred by news of breaches of Yahoo users’ accounts, is likely to go through despite the rumored discount Verizon may receive, AOL CEO Tim Armstrong told CNBC…

As Snapchat is gearing up for its initial public offering, a former employee of the company is alleging it has been misleading its investors in order to drive up its value, according to a report…

A South Korean court on Friday sentenced an executive of Volkswagen’s local unit to one year and six months in prison for fabricating documents on emissions and noise-level tests to achieve…

Euro-area economic confidence jumped to the highest since 2011 at the end of last year after the European Central Bank extended its stimulus and the recovery in the 19-nation region showed further…

Australia’s economy is likely to stay upbeat after the country on Friday reported a surprise A$1.243 billion ($912 billion) trade surplus in November—the first in almost three years—as bulk…

Jamie Oliver has confirmed plans to close six Jamie’s Italian restaurants, with the Brexit vote taking some of the blame.

His company announced that outlets in Aberdeen, Cheltenham, Exeter…

OPEC's oil output in December fell from a record high ahead of a deal to cut production, a Reuters survey found on Thursday, helped by attacks on Nigeria's oil industry and top exporter Saudi…

China's Iranian crude oil imports may rise to a record this year as state-owned oil firms lift more crude through their upstream investments while extending their current supply contracts, senior…

Saudi Aramco has started talks with customers globally to discuss possible cuts of 3% to 7% in February crude loadings to comply with OPEC production cuts, four sources with knowledge of the…

Tehran has finalized an agreement worth $2 billion (2.3 trillion won) with South Korea's Daelim Corporation to renovate and expand a refinery in Isfahan Province, head of the National Iranian Oil…

Philippines' state oil company is in negotiations with the National Iranian Oil Company to resume crude imports, said a member of the Philippines National Oil Company (PNOC) board of directors.

Tehran will not backpedal on an agreement with the Turkish energy company Unit International for the construction of seven power plants, Mohsen Tarztalab, the managing director of Iran's Thermal…

Oil Minister Bijan Namdar Zanganeh on Thursday broke ground on a $52 million (2.1 trillion rials) pipeline project to connect Tabriz Petrochemical Company in East Azerbaijan Province to Miandoab…

President Hassan Rouhani said his government intends to seek parliamentary help to pass into law terms of the Charter on Citizens' Rights, which he unveiled last month.

The charter aims to…

Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said Iran would have to fight a war inside its borders, if the enemy threats had not been thwarted in Syria.

Commander of Khatam al-Anbia Air Defense Base Lieutenant General Farzad Esmaeili highlighted Iran's latest achievements in the area of air defense, declaring the country's airspace one of the…

The UN Security Council, as the body responsible for preserving world peace, should play a bigger role in guaranteeing the recent nationwide truce in Syria and pressure anti-government armed…

Iran says unconstructive remarks by Turkish officials regarding Syrian developments on the ground will complicate the situation in the Arab country.

A senior lawmaker said those who have entered Syria without the country’s permission are aggressors and must leave.  Alaeddin Boroujerdi, the chairman of Majlis National Security and Foreign…

Outgoing US Secretary of State John Kerry defended the Iran nuclear deal on Thursday, stressing that Tehran is no longer technically able to build a nuclear weapon.

Consumer credit lender International Personal Finance said on January 6 it would appeal against a decision by the Polish tax authority relating to the accounts of its Polish business, Provident…

Britain will not be able to buy access to the single market following its exit from the EU (otherwise known as Brexit), a former top UK official at the European Commission warned, casting doubt on…

Toyota Motor Corp. is a "good corporate citizen" and intends to work with president-elect Donald Trump to help make America strong, the Japanese automaker's president, Akio Toyoda, says.