Mechanisms for exporting petrochemicals devised during the earlier round of sanctions have still been preserved, therefore the industry will not be affected by fresh sanctions re-imposed by the US, a top Iranian official said.
Key US ally Britain is seeking a waiver for energy companies to continue trading with Iranian counterparts despite President Donald Trump reimposing sanctions on OPEC's third-largest oil producer, a government minister told S&P Global Platts.
Economy-related ministers from 35 African nations will gather in Busan next week to discuss ways to bolster the continent's industrialization and economic cooperation with South Korea, the Finance Ministry here said Friday.
Toyota Motor Corp (7203.T) is taking an unprecedented route to meet China’s stringent green car quotas: Its showrooms will sell an electric vehicle without the Japanese company’s distinctive triple-oval logo.
The US trade deficit could technically be halved if statisticians were better able to capture the value of the software developed in Silicon Valley and embedded in smartphones worldwide, according to Hal Varian, Google’s chief economist.
The European Union plans to switch to the euro for oil purchases from Iran, eliminating the US dollar as the two sides work to protect bilateral trade against possible American sanctions, a report said.