Global smartphone market drops 9% in biggest ever fall
The global smartphone market fell nine percent in a year this quarter, the biggest fall in smartphone history, with even Apple’s iPhone sales down one percent as users hang on ...
Big Oil Firms Seen Dominating Energy Deals
nalysts expect big energy companies to play a major role in deal-making during another solid year for oil and gas mergers and acquisitions. Oil majors and large independent drillers need ...
S. Arabia’s SABIC Profits Fall
Saudi Basic Industries Corp (SABIC), the world’s fourth-biggest petrochemicals company, reported an 18.6% drop in fourth-quarter net profit, missing analysts’ forecasts, as sales dropped and its steel business was hit ...
TEDPIX Ends Trading Week Above 99,500
Tehran Stock Exchange’s main index gained 297.48 points or 0.3% to end Wednesday trade at 99,522.2. About 1.27 billion shares valued at $77.87 million changed hands at TSE for the ...
Qatar Sees Interest for Gas Projects to Help Beat Crisis
US and European oil majors are filing in with offers to help Qatar develop new gas projects, the country’s energy minister said, despite a protracted crisis in the Persian Gulf ...
Brent Eases But Holds Close to $70 Per Barrel
Oil prices slipped on Wednesday, under pressure from a rise in US crude and gasoline inventories although crude remained near three-year highs. Brent futures eased 24 cents to $69.72 a ...
Deadly Fire at Fuel Tank in Bandar Abbas
Adeadly fire erupted on Wednesday at a huge fuel storage tank in the southern port city of Bandar Abbas, Hormozgan Province, killing three people and sending a pall of black ...
Official: $3b needed for building every 1,000km of gas pipeline
Construction of every 1,000 kilometers of 56-inch natural gas pipeline costs over $3 billion, an Iranian gas official said. Managing Director of Engineering and Development of Gas of Iran Hossein ...
Iraq Says Crude Production Capacity Near 5 Million bpd
Iraqi Oil Minister Jabar al-Luaibi said on Saturday the OPEC member’s oil output capacity is nearing 5 million barrels per day, but the country will remain in full compliance with ...
TEDPIX Breaks Above 97,000
Tehran Stock Exchange’s main index gained 601.17 points or 0.62% to end Sunday trade at 97,228.7. About 1.21 billion shares valued at $65.21 million changed hands at TSE on Saturday. ...





