UK wage growth almost disappears as higher inflation bites
UK wage growth almost disappears as higher inflation bites

Consumers shopping at a supermarket in the UK (file photo) Rising levels of inflation coupled with lackluster wage growth have led UK co...

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Swedish firm finds novel way for Iran business
Swedish firm finds novel way for Iran business

Stock market employees work at the Tehran Stock Exchange in this file photo. ...

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Iran’s carpet exports to US at $80mn
Iran’s carpet exports to US at $80mn

Iran says it has exported $80 million worth of carpets to the United States over a period of 11 months starting 21 March 2016. Iran says...

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Iran to export 800,000 bpd of oil to EU
Iran to export 800,000 bpd of oil to EU

Ali Kardor, the managing director of the National Iranian Oil Company (NIOC), says his company is preparing to export 800,000 barrels per ...

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Korean, Turkish firms to build power plants in Iran
Korean, Turkish firms to build power plants in Iran

South Korea’s SK Engineering & Construction (SK E&C) has signed an agreement with Turkey's energy giant UNIT International S.A...

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Qataris own more of London than Britain's Queen Elizabeth II , Mayor
Qataris own more of London than Britain's Queen Elizabeth II , Mayor

Britain's Queen Elizabeth II returns to Buckingham Palace from the Houses of Parliament, following the State Opening of Parliament in ...

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Iran using gas injections to boost oil output
Iran using gas injections to boost oil output

Platforms of Iran's Soroush oil field in the Persian Gulf. (Photo by Shana) Speculations are emerging in media that Iran is injectin...

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Brexit without EU trade deal to cause 'economic shock': Leaked report
Brexit without EU trade deal to cause 'economic shock': Leaked report

British Prime Minister Theresa May (file photo) A leaked British Treasury report has warned of “serious consequences” if the UK abandons...

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How Kmart went from bargain basement to global success story
How Kmart went from bargain basement to global success story

Kmart boosted its earnings by 16.3 per cent to A$371 million in its half year results, revealed on February 15. Photo / Creative Commons ...

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UK has lost a decade of economic growth: Study
UK has lost a decade of economic growth: Study

A file photo of Paul Johnson, director of the Institute for Fiscal Studies Britain’s economy has now experienced a “decade without growt...

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Iran banks to push for post-sanctions thaw
Iran banks to push for post-sanctions thaw

Three major Iranian-owned banks in Britain are reportedly planning to push the country’s banks to do business with them through a top regu...

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China’s telecom giant ZTE  to pay $900mn to settle Iran sales case
China’s telecom giant ZTE to pay $900mn to settle Iran sales case

China’s telecom giant ZTE has reportedly agreed to plead guilty and pay nearly $900 million to settle a US sanctions case involving Iran...

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Nigerian government spends N2.4tr on fuels, lubricants import
Nigerian government spends N2.4tr on fuels, lubricants import

Crude Oil Tanker. PHOTO: sweetcrudereports.com The Federal Government spent N2.4 trillion on the importation of fuels and lubricants in ...

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Luxembourg court rejects US bid to freeze Iran assets, Washington appeals: CBI chief
Luxembourg court rejects US bid to freeze Iran assets, Washington appeals: CBI chief

File photo shows a view of the Central Bank of Iran in northern Tehran. The governor of the Central Bank of Iran  (CBI)  says a Luxembou...

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Eurasian Economic Union agrees to form free-trade zone with Iran
Eurasian Economic Union agrees to form free-trade zone with Iran

Armenia's Prime Minister Karen Karapetyan, Belarus' Prime Minister Andrei Kobyakov, Kyrgyzstan's Prime Minister Sooronbay Jeen...

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France’s PSA  emerging as new global auto giant
France’s PSA emerging as new global auto giant

A landmark move by France’s PSA Peugeot Citroen to purchase the European business of US auto giant General Motors (GM) is expected to turn ...

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Iran retailers feel cornered by foreign brands
Iran retailers feel cornered by foreign brands

A Turkish fashion brand in a modern shopping mall in Isfahan Small shops, department stores and supermarkets in Iran are feeling the hea...

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