Iran crosses Qatar in terms of gas exploitation

Hassan Rouhani, the President of Iran, has inaugurated the phases 13 and 22 to 24 of the South Pars Gas Field. This ceremony took place in Bushehr which is a province in southern Iran. As for the gas field, it is located in the Persian Gulf. Mohammad Meshkinfam, the Managing Director of Pars Oil and […]

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Nike’s Sales in North America Fails to Impress and Shares Decline

Nike’s Sales in North America Fails to Impress and Shares Decline

Nike Inc announced its quarterly revenue and for the first time in over a year it failed…

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Musk Tells That His Employees’ First Priority Would Be Vehicle Delivery

Musk Tells That His Employees’ First Priority Would Be Vehicle Delivery

Tesla Inc’s deliveries of vehicle slated across Europe, China and North America should be a “main priority”…

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Chinese smartphone makers capture market at home from Apple

Chinese smartphone makers capture market at home from Apple

Smartphone retailers in China are saying that it has become difficult to sell phones lately because consumers have become…

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CEO of New York Times warns publishers as Apple readies news service launch

CEO of New York Times warns publishers as Apple readies news service launch

It is expected that Apple will be launching a rather ambitious paid service for digital news soon. This is…

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Japan Firm Sees Extended Sino- US Trade War, While China Slowdown Continues

Japan Firm Sees Extended Sino- US Trade War, While China Slowdown Continues

3 in 4 Japanese companies presumes U.S.-China trade frictions would last until late this year at least,…

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Concerns about Populism on Rise in Europe, Investors Bet On Stock Market Volatility

Concerns about Populism on Rise in Europe, Investors Bet On Stock Market Volatility

Investors are banking on intense political ambiguity and significant volatility in European stock markets before European Parliament…

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From Stabilization Fund Mexico Might Pay Pemex Debt from $15 Billion

From Stabilization Fund Mexico Might Pay Pemex Debt from $15 Billion

On Thursday, Mexico’s deputy finance minister stated that the government was contemplating to use a part of…

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Hyundai Motor Shareholders Blacklist Elliott Dividend Proposal

Hyundai Motor Shareholders Blacklist Elliott Dividend Proposal

On Friday, shareholders of Hyundai Motor Group companies’ voted and rejected Elliott Management’s suggestion for massive special…

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Citigroup Fined $25 Million by US Bank Regulator for Breaching Fair Lending Rules

Citigroup Fined $25 Million by US Bank Regulator for Breaching Fair Lending Rules

On Tuesday, the U.S. Office of the Comptroller of the Currency (OCC) stated that it had fined…

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US Factory Orders Scant Rise, Shipments Fall Again

US Factory Orders Scant Rise, Shipments Fall Again

New orders for U.S.-made goods rose less than presumed in January and shipments fell for a fourth…

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IKEA Step up Mexico Launch Plans, Going to Target Capital and Major Cities

IKEA Step up Mexico Launch Plans, Going to Target Capital and Major Cities

IKEA is exploring Mexico’s biggest cities for its first storage locations in the nation. The furniture retailer…

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GM Going to Invest $2.7 Billion in Sao Paulo

GM Going to Invest $2.7 Billion in Sao Paulo

On Tuesday, General Motors Co stated that it would be investing $2.7 billion in two Brazilian factories…

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