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Qalibaf

POLITICS

Qalibaf: US Treasury chief Bessent lying, failing to manage markets

The Iranian Parliament speaker says the US Treasury secretary is lying and failing to manage financial markets.

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ECONOMY

UK inflation fails to fall, turns up heat on BoE

British inflation defied expectations of a slowdown to hold at 8.7% in May, putting yet more pressure on the Bank of England.

UK

ENERGY

Iran has good chance of returning to EU oil markets: Expert

Iran can build up its presence in EU oil markets amid lower Russian supplies, an analyst says.

iran oil tanker

ECONOMY

Equity markets fall in Europe, New York on latest hot US inflation report

Equity markets in Europe and New York fall following another report showing red-hot US inflation.

US-inflation

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Asian markets drop on Omicron spike, Biden spending bill blow

Asian markets fell and oil prices slid due to spike in Omicron coronavirus variant and opposition to US President Joe Biden's spending bill.

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ECONOMY

IKCO to build cars in Russia as Iran eyes Eurasian market

Iran Khodro (IKCO) is eyeing the Eurasian market, hoping to produce low-cost cars in countries such as Russia, the company’s head of operations in Asia, Europe, America and Commonwealth of Independent States (CIS) says.

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INTERVIEWS

Markets’ response to news on COVID-19 vaccine cannot be permanent: Analyst

Interview with Andrew Leung, political commentator, Hong Kong