آرشیو

Asian shares mixed as investors await progress on stimulus

Asian shares were mixed on Monday, with Japan’s benchmark rising but others slipping, amid some hopes for a recovery from the coronavirus pandemic with the global rollout of vaccines.

Oil rises as US output slowly returns after winter storms

Oil prices rose on Monday as the slow return of US crude output cut by frigid conditions raised concerns about supply, just as demand recovers from the depths of the coronavirus pandemic.

Iran’s 10-month production of steel ingots up 11%: ISPA

Iran’s production of steel ingots in the 10 months to January 19 reached 25.36 million tons, indicating an 11 percent growth year-on-year, according to Iranian Steel Producers Association (ISPA).

Iran, Oman to hold trade opportunities webinar

The international department of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) will hold a webinar on investigating the opportunities and potentials for trade between Iran and Oman on Tuesday.

Iran’s Khesht oilfield to start production soon: CEO

The managing director of Iranian Central Oil Fields Company (ICOFC) said that early production from the Khesht oilfield in southern Fars Province will start by September 22.

Iran, Swiss agency working on geographical labels for food designations

Iran is using the services of a major Swiss intellectual property agency to protect four major food designations as it seeks boosted international trade for those products under geographical indications (GIs).

NDF share of oil revenues in budget bill set at 38%

The Iranian Parliament on Sunday stipulated that the share of the National Development Fund (NDF) from the country’s oil and gas export revenues in the budget bill for the next Iranian year (starting March 21) would be 38 percent if crude oil exports surpass one million barrels per day (mbd).

Swiss spooked by using debt to prop up economy

Germany, which is known for strict budgets, has tapped debt markets to prop up its virus-hit economy, while neighboring Switzerland has consistently curbed borrowing despite calls to change course.

It’s a good time to unload those silver coins and candlesticks

By Alexis Leondis

Drug companies look to AI to end 'hit and miss' research

The hunt for new medicines has often been more like a game of roulette than high-end science. But now the pharmaceutical sector is on the cusp of a transformation, as it delves into cutting-edge technology to come up with new treatments for diseases such as cancer, rheumatoid arthritis and Alzheimer’s.