Volvo is creating a new electric vehicle brand that aims to make a car that will compete directly against the Tesla Model 3.
The first car from the new brand, called Polestar, will be a…
Economy
Economy
Local automaker Kerman Motor is trying to shift focus from its Chinese-derived cars to South Korean vehicles – a move welcomed by car buyers and market observers.
According to local…
Economy
The Mexican government views the US proposal for tightening content rules for car manufacturing under NAFTA as not viable and likely to cause serious damage to the North American auto industry,…
Economy
Volkswagen will invest €22.8 billion in its main car brand over the next five years, it said on Saturday, a day after it announced a spending program aimed at bolstering its position as a maker…
Economy
At a joint event attended by the 36-strong delegation from Tehran Chamber of Commerce, Industries, Mines and Agriculture and its Viennese counterpart, an Austrian official heralded the imminent…
Economy
Iranian insurance companies have started evaluating the losses caused by the recent massive earthquake that shook the western Kermanshah Province near the Iraqi border and processing payment of…
Economy
In a letter, the Central Bank of Iran’s Governor Valiollah Seif has called on all governors across the country to undertake strict and effective supervision over how bank loans are allocated to…
Economy
Bank Sepah, the oldest Iranian bank, has denied reports in the local media that its Frankfurt branch has been subject to a new round of sanctions, saying foreign exchange operations of the…
Economy
Tehran Stock Exchange’s main index gained 196.43 points or 0.22% to end Saturday trade at 88,202.30.
About 534 million shares valued at $29.35 million changed hands in the day.
…
Economy
The government has proposed a trilateral swap deal among the state, private contractors and banks to help ease its debt burden.
Outlined in a letter by the Economy Minister Masoud…
Economy
The value of Iran's exports to China during the nine months to Sept. 30, 2017, witnessed a 27.5% rise compared with last year's corresponding period to stand at $13.88 billion.
A total…
Economy
Angouran Lead and Zinc Mine set a new monthly record by extracting 105,000 tons of minerals during the seventh month of the current fiscal year (Sept. 23-Oct. 22), managing director of the mine…
Economy
The value of Iran’s exports to the European Union from January to September 2017 reached €7.2 billion, showing a 107% increase compared with the same period of last year.
Economy
Iran on Friday handed 19,000 Pakistanis arrested for crossing the common border illegally in the current year.
Pakistan Today further quoted an unnamed security official with Pakistan’s…
Economy
Head of the Iranian Parliament’s National Security and Foreign Policy Commission Alaeddin Boroujerdi discussed increasing cooperation in the field of air industries with Antonov CEO Oleksandr…
Economy
Close to 1.24 million tons of goods worth over $10 million were exported from Yazd Province in central Iran during the seven months to Oct. 22.
Director General of Yazd Customs Offices…
Economy
Iran does not have a problem obtaining financing for its aircraft deals and the delivery of purchased aircraft is on track, Deputy Transport Minister Asghar Fakhrieh-Kashan told IRNA on Saturday…
Economy
Iran exported $139 million worth of non-oil goods to Qatar during the seven months to October 22, registering a remarkable %117.5 increase compared with the same period last year, according to…
Economy
A local startup named ‘Moheme’ (meaning it is important) has been launched with the aim of increasing social awareness about different issues.
Moheme is a social media platform available…
Economy
US smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors and gain Europe’s approval by the end of the year with…
Economy
Apple has given Amazon and Google an even bigger head start in the race to get smart speakers into people’s home. The tech titan said Friday it has pushed back the launch of its first smart…
Economy
Iranian banks are expected to open their first branches in Munich as early as the next few months while the next stop is Austria, the secretary-general of Tehran Chamber of Commerce, Industries…
Economy
After the US dollar’s recent bull run that pushed the value of greenback to its months-high record in Tehran’s open forex market on Monday, the American currency seems to be having more steady…
Economy
Iran is a hotspot of earthquakes and several of them have devastated cities and villages during its millennia old history. Its last earthquake on the night of Nov. 12 has damaged the areas…
Economy
A few days after a 7.3-magnitude earthquake shook the western province of Kermanshah and the regions bordering Iraq, the president of the Central Insurance of Iran renewed his call about the…
Economy
