Over 6.2m tons of iron ore pellet produced in a month.
Production of iron ore pellet in Iran stood at 6.248 million tons in the first month of the current Iranian calendar year, […]
‘Algeria offers strategic gateway for expanding Iran’s trade with Africa, Europe’.
Algeria’s strategic position as a gateway to both Europe and Central Africa makes it an ideal platform for expanding Iran’s trade ties, […]
New US tax bill will ‘stabilise things’ but increase deficit, JPMorgan’s Dimon says.
JPMorgan Chase, Chief Executive Jamie Dimon said on Thursday U.S. President Donald Trump’s massive tax and spending bill could help bring stability […]
Generali enlists advisers for Mediobanca’s $7.1 billion bid for Banca Generali.
Italy’s top insurer Generali appointed on Thursday Deloitte Financial Advisory and law firm Advant Ntcm as advisers for the bid launched by […]
Saudi Arabia doubles funding to Union of Arab Chambers.
Saudi Arabia has doubled its financial contribution to the Union of Arab Chambers, a decisive move aimed at reinforcing regional economic integration […]
Xi calls for stronger manufacturing industry to advance Chinese modernization.
Xi Jinping, general secretary of the Communist Party of China Central Committee, has called for continuous efforts to build the manufacturing industry […]
DMO Allots N4.28 Billion in May 2025 FGN Savings Bonds Auction.
The Debt Management Office (DMO) has reported a total allotment of N4.28 billion as the Federal Government of Nigeria (FGN) Savings Bonds […]
Ant Group’s global unit pulls in US$3 billion in revenue ahead of spin-off.
Jack Ma-backed Ant Group’s international division generated nearly US$3 billion in revenue for 2024, according to people familiar with the matter, setting the […]
EU Set To Spend an Extra €10 Billion on Gas Refill.
The European Union is facing additional costs of 10 billion euro, or $11.2 billion to refill its natural gas storage caverns this […]
British stocks rise on trade optimism.
British equities closed higher on Friday, as the recent de-escalation of the global tariff war supported risk appetite, while investors anticipate more […]
Strathcona Makes Takeover Offer for MEG Energy.
Strathcona has made an offer to acquire sector player MEG Energy for the equivalent of some $4.25 billion in cash and stock, per Reuters calculations. […]
Japan’s GDP Shrinks Annualized 0.7％ in Jan.-March; U.S. Tariff Impact Feared to Extend Drop in April-June.
Japan’s inflation-adjusted real gross domestic product shrank 0.2% in January-March 2025 from the previous quarter after seasonal adjustment, the Cabinet Office said […]