آرشیو

IME weekly trade tops $765m

The Iran Mercantile Exchange (IME) announced that over 3.02 million tons of commodities worth over $765 million were traded in its domestic trading and export halls in the week closing on September 23.

SCO membership opens a new road for Iran: MP

Iran's permanent membership in the Shanghai Cooperation Organization (SCO) has opened a new road for the country, said the head of the Internal Affairs and Councils Committee of the Iranian Parliament adding, “In this regard, opportunities should be well utilized in domestic and foreign fields.”

WTO chief warns world edging into 'global recession'

The World Trade Organization's chief said Tuesday she believes the world is heading towards a global recession due to multiple colliding crises, and called for radical policies to revive growth, AFP reported.

Pound stabilizes but turmoil continues for U.K. economy

The British pound stabilized in Asian trading on Tuesday after plunging to a record low a day earlier, as the Bank of England and the British government tried to soothe markets nervous about a volatile U.K. economy.

Gas crisis lands LNG cargo market in hands of energy giants

Rocketing LNG cargo prices have squeezed out dozens of smaller traders, concentrating the business in the hands of a handful of international energy majors and top global trading houses.

Bitcoin bounces above $20,000 for first time in about a week

Bitcoin broke above $20,000 on Tuesday for the first time in about a week, as cryptocurrencies bounced, along with other risk-sensitive assets, in Asian trade.

British pound plunges below $1.11 after new government announces tax cuts

The embattled British pound fell 1.95% Friday against the dollar, after the new U.K. government announced a radical economic plan in a bid to boost growth.

Bank of Ireland returns to full private ownership

Bank of Ireland became the first Irish lender to return to full private ownership since the aftermath of the 2008-09 global financial crisis after the government said on Friday that it had sold the last of its shares.

Iran, Azerbaijan start building bridge on border river

Iran and Azerbaijan started construction work for a major motorway bridge over the border river of Aras amid plans to set up a new transit corridor connecting Azerbaijan to its exclave of Nakhichevan through the Iranian territory.

Iran’s carmaker unveils first all-electric car

Iran’s largest car manufacturer, Iran Khodro Company (IKCO), unveiled its first all-electric car for a commercial launch in March 2023.