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Category: Economy

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Saudi stocks plunge 7% on Khashoggi fallout; biggest drop since 2014

A security member of the consulate stands at the doors of the Saudi Arabian consulate in Istanbul. Saudi Arabia’s stock market plunged on Sunday as investors worried about deteriorating relations with the international community after the disappearance of Saudi journalist…

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Kevin O’Leary: The American economy is ‘on fire

Small businesses in the U.S. are on fire, even if the stock market is shaky, “Shark Tank” investor and entrepreneur Kevin O’Leary told CNBC on Friday. “Small domestic companies are the unsung hero of the policy that’s emerged from this…

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3 things you should never do when the stock market tanks

James C. Kelly, a wealth strategist at PNC Bank, tells CNBC Make It that “volatility happens” and that financial strategists believe these recent swings are short-term, not the beginning of a long-term correction or bear market. Greg McBride, chief financial…

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US-China trade dispute could drag down global confidence, says Asian Development Bank president

  Takehiko Nakao, president of the Asian Development Bank (ADB) The U.S.-China trade dispute is worrying because its hit to market confidence may be more significant than any real economic damage it inflicts, said Takehiko Nakao, president of the Asian…

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Iran, global standard officials discuss mutual interests

Hossein Paryab and Miguel Lopera met on Saturday to discuss foreign investment in Iran, enhancement of mutual cooperation, and experiment exchange. The collaborations include blockchain technology, Internet of Things (IOT), data encryption technologies, and electronic trade. Paryab also made arrangements…

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33% rise in saffron exports in five-month period

Currency fluctuations have been cited as one of the main reasons behind considerable saffron export hike in this period. Statistics showed that $123 million worth of saffron was exported to various countries in the first five months of the current…

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The dos and don’ts of Danish business etiquette

There are many useful things worth keeping in mind as a newcomer to the Danish workplace, writes guest columnist Kay Xander Mellish. More than 200,000 foreigners are now at work in Denmark, according to the Confederation of Danish Industry. But…

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Nowrouz ceremony in Iranian embassy in Denmark

Morteza Moradian made the remarks in a ceremony to commemorate the arrival of Iranian new year at the Iranian embassy in Copenhagen, which was attended by Iranians living in Denmark as well as some other Iranian officials. The Iranian envoy…

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Iran top regional trade partner of Swedish Volvo Trucks

  According to the website of Saipa Automaking Group, the managing director of Saipa Diesel left for Sweden at the invitation the company to receive Trade Conference Award and hold talks with the managing director and senior managers of Volvo…

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Iran-Denmark Trade Up 20%

Trade between Iran and Denmark during the 11 months to Nov. 30, 2017, stood at over €293 million, registering a 20% rise compared with the similar period of last year, based on the latest Euro stat figures shared with Financial…