Commerzbank reported a net loss of €288 million ($320 million) in the third quarter on Friday, which managed to beat analyst estimates but was lower than the €235 million profit seen in the same…
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Romania will register an increase of 4.8% in its economic growth in 2016, the highest level of Europe, according to the newest forecast published on Thursday by the European Bank for…
newsJapan’s economy likely expanded for a third straight quarter in July-September, a Reuters poll showed on Friday, but weak private consumption and lackluster company capital spending suggest growth…
newsDespite the challenges surrounding the drop in global oil prices and the Iranian government experiencing problems in financial cash flow due to years of sanctions, Iran’s construction market is…
newsTalks are underway for freeing Iranian insurance companies’ frozen assets overseas, the Central Insurance company of Iran’s deputy director for reinsurance said, noting that insurers will receive…
newsBank Sepah plans to open branches in China and South Korea, a board member of the bank said.
"Bank Sepah has plans to increase its share in establishing branches and to set up new branches…
newsSix insurance firms operating in free trade zones recorded a whopping 81.1% growth in total generated premiums during the first half of the fiscal year that ended on September…
newsThe Eurasian Economic Union (EEU) has begun discussion on having a privileged trade agreement with Iran at the initiation of Armenia, the Armenian deputy minister of foreign affairs said. “When we…
newsA senior commander said Iran’s Armed Forces “will never be caught off guard” by any threats.
newsSwitzerland’s attorney general has halted an investigation into suspected espionage at a Geneva hotel, which was opened a month after talks on Iran’s nuclear plans took place. There was a lack of…
newsTwo parliamentary delegations from Russia and Hungary will visit Tehran in the coming days to discuss bilateral relations with Iranian officials. Valentina Matviyenko, chairman of the Russian…
newsA lawyer who represents some of those involved in storming Saudi diplomatic missions said 20 have received their verdicts, ranging from three to six-month prison sentences for causing public…
newsIranians took to the streets across the nation on Thursday to demonstrate their disapproval of US policies on the anniversary of the takeover of the American Embassy in Tehran 37 …
newsA senior commander said the US is no longer the "number one power" in the world and, consequently, is unable to wage a direct war against any country.
newsKyrgyz Foreign Minister Abdyldaev Erlan said Iran's accession to Shanghai Cooperation Organization would add to the body's efficiency and clout.
"We believe inducting Iran as an SCO…
newsForeign Minister Mohammad Javad Zarif will arrive in the Lebanese capital Beirut for an official visit on Tuesday, a Lebanese news website reported.
The trip was first scheduled to be held…
newsIran’s first biaxially-oriented polyethylene terephthalate production line has been launched by Sepehr Polymer Sepahan Complex in Isfahan Province. It was inaugurated by First Vice President Es’…
newsQeshm Island, like its smaller but better-known neighbor Kish Island, does not feature in the travel bucket-lists of many international tourists.
Of the 397,000 people who flew to the…
newsIranian securities markets had a rocky week, compared to their usual morbidity, while the rial sank to its lowest in 10 months against the US dollar.
newsThe long-term growth of Iran’s largest iron ore mineral zone located in the northwestern Khorasan Razavi Province and the realization of the ambitious expansion goals set for the sector require…
newsIndia’s National Aluminum Company is likely to keep in abeyance its plans to put up a greenfield smelter in Iran.
Nalco had planned to establish a 0.5 million-ton per annum smelting…
newsEgypt raised energy prices on Friday as part of austerity measures aimed at securing a three-year $12 billion International Monetary Fund loan agreement. The price of 92 octane gasoline rose 34.6…
newsSome of the world’s biggest oil companies will invest $1 billion over the next 10 years to develop technologies to capture and store emissions of greenhouse gases and improve energy efficiency.
newsIran has suspended power export to Turkey for not paying the electricity bill that now has reached $200 million, a deputy energy minister said on Friday.
“As long as the dues are not…
newsOPEC and Russia will probably be able to reach an accord to reduce crude production and boost prices, according to Ed Morse, head of commodity research at Citigroup Inc.
Saudi Arabia and…
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