China's economy to surpass US by 2030, says intelligence report

12/11/2012

China's economy is likely to overtake the United States' by 2030, according to a US intelligence report published Monday.

US manufacturing stalls given lack of applicants

12/11/2012

Bill Black is, to use his blunt assessment, "pissed off." For 5 years, the executive vice president of Aphelion Precision Technologies has been unable to fill 7 to10 job openings at his family owned business in suburban Chicago. The company which makes components for aerospace and electronics firms has 46 employees.

Brent New Day: US dump WTI as crude oil benchmark

12/11/2012

The US Energy Agency has adopted North Sea Brent crude as its benchmark for oil forecasts, abandoning its domestic West Texas Intermediate (WTI) as the agency says it no longer reflects accurate oil prices.

Elecomp 2012 expo opens in Tehran

12/11/2012

TEHRAN – The 18th International Electronic and Computer Exhibition (Elecomp 2012) opened at the Tehran Permanent International Fairgrounds on Sunday.

Iran, Russia mulling cooperation in electric train project

12/11/2012

Iranian and Russian railway companies are discussing plans to cooperate in launching a project for electrifying Garmsar-Gorgan and Tehran-Mashhad railway lines in Northern and Northeastern Iran.

Over 400 Iranian firms supplying equipment to South Pars projects

12/09/2012

TEHRAN - More than 400 Iranian companies are taking part in the development of the South Pars gas field through supplying equipment to related projects, the Shana News Agency quoted South Pars Gas Company’s managing director Ali-Akbar Shabanpour as saying.

Bundesbank slashes Germany’s forecast for 2013

12/09/2012

Debt crisis in Europe is denting Germany’s prospects as the country’s central bank, the Bundesbank, has significantly cut its 2013 growth forecast to 0.4% from 1.6%.

Iran-Turkey trade hits $20 billion in 10 months

12/09/2012

The value of trade exchanges between Iran and Turkey has reached to 20 billion dollars in the first ten months of 2012, IRNA news agency reported on Saturday. The value of bilateral trade between the two neighbors has increased more than 45 percent in comparison to the same period of last year.