• ABN Amro NV agreed to sell its private-banking assets in Asia and the Middle East to Liechtenstein-based LGT to focus on its European operations, Bloomberg reported. The unit manages about $20…

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  • Slovak economic growth slowed in the third quarter as a decline in European Union-funded projects reduced investment, offsetting stronger foreign demand and household spending, data showed on…

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  • The OECD has observed that “eight years after the financial crisis, the global recovery remains disappointingly weak” with the world economy caught in a “low-growth trap”.

    World growth was…

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  • The Eurozone economy grew in line with expectations in the third quarter, but the annual pace was revised to indicate a slightly bigger gain than expected, data released on Tuesday by the European…

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  • The Russian economy is an integral part of the global economic system and should not develop in isolation from it, President Vladimir Putin has said. 

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  • The Tehran Municipality’s (TM) project displaying costly environmental posters on billboards across the city has drawn skepticism in social media networks with many citizens criticizing the TM’s…

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  • Global spending on prescription medicines will reach nearly $1.5 trillion by 2021, according to a forecast by Quintiles IMS Holding released on Tuesday.

    That figure, based on wholesale…

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  • In 2015, a budget of $500 million (1,500 billion rials) was allocated from the National Development Fund to improve access to piped drinking water in villages and deprived areas, said Seyed…

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  • In 2002, the Majlis (parliament) passed a law that permitted surrogacy for infertile married couples and it was approved by the Guardian Council.

    Surrogate mothers should receive $7000 (250…

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  • Children under the age of three should not use digital devices such as mobile phones or tablets, says a cyberspace researcher.

    “Cone cells, one of the three types of photoreceptor cells in…

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  • More than 50% of prisoners, 60% of thefts, and 50% of divorces in the country are due to drugs and the problem of substance abuse, said Interior Minister Abdolreza Rahmani-Fazli.

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  • A report released by the Iran Legal Medicine Organization (ILMO) said that during the first seven months of the current year (started March 20), the death toll in traffic accidents decreased by 2.…

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  • Nourkaram Zarei, the pilot of the helicopter which crashed on Tuesday into Chitgar Lake located in northwestern Tehran (District 12 of Tehran Municipality), succumbed to his injuries in hospital…

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  • Foreign Minister Mohammad Javad Zarif said there is a need to wage a cultural war on terror instead of merely taking a military approach.

    Speaking at the Peking University in the Chinese…

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  • US Secretary of State John Kerry has said outgoing President Barack Obama has approached his successor Donald Trump to stress the importance of upholding the Iran nuclear deal. Trump, who won the…

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  • The Kremlin said Russian President Vladimir Putin's point man on Syria has delivered a "confidential" letter penned by the Russian head of state to Iranian President Hassan Rouhani.

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  • President Hassan Rouhani said the committee tasked with monitoring the commitments of other side to the 2015 nuclear agreement is to convene on Wednesday to decide how to respond to the US…

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  • A veteran reformist politician praised President Hassan Rouhani's administration for "successful governance", saying extension of his tenure is the only way for continuation of this trend.

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  • Russian Foreign Ministry’s Director of the Department for Non-Proliferation and Arms Control Mikhail Ulyanov said Moscow expects last year’s Iran nuclear deal to be duly implemented by all parties…

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  • Indonesia is willing to play an active role in Iran’s upstream oil and gas industry development projects, known as exploration and production (E&P).

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  • Iran signed a memorandum of understanding on Tuesday with PTT Exploration and Production Public Company Limited (PTTEP), Thailand's state oil company, to study three oilfields in western and…

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  • The head of Russian pipeline monopoly Transneft, Nikolay Tokarev, said Russia's oil output cuts could begin in March, Reuters cited Russia's Interfax news agency as saying. The Organization of…

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  • The government is mulling plans to delegate export of petroleum products, including compressed natural gas (CNG), to the private sector, Mansour Riahi, managing director of National Iranian Oil…

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  • Brazil's state-run oil company Petroleo Brasileiro SA, known as Petrobras, raised prices for diesel and gasoline at its refineries in the country as of Dec. 6.

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  • Saudi Arabia and Kuwait are expected to agree this month to resume oil production from the jointly operated oilfields in the Neutral Zone that lies between both countries, industry sources said on…

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