Honda recalls 46,000 sports cars


Are you speeding across town in one of the new Fit sports cars by Honda? Slowly get off the highway--do not brake suddenly!--and drive your car to the nearest Honda dealer. The party is over.

Porsche sales in China unfazed by luxury goods crackdown


German luxury carmaker Porsche saw record sales in China last year and the recent clampdown on gift-giving and luxury goods in the country won't have a major impact going forward, according to the company's sole distributor for China.

Foreign firms face difficulties tapping into Middle East


Chief executives operating in the Middle East and North Africa say they are facing red tape and a cascade of other hurdles as they seek to tap into rapid growth and attractive demographics in the region.

Julia La Roche, Business InsiderApril 29, 2013 11:51 One of London's most glamorous hedge fund galas has been cancelled


A lavish annual hedge fund charity gala dinner in London has been called off this year.

Iran, India set to ink economic co-op MOUs


Iran and India will hold a joint economic meeting in Tehran in the upcoming days, during which the two sides will sign six memorandums of understanding, the Iranian ambassador to India stated.

Iran’s annual petchem exports projected to hit $13b: official


Iran plans to export as much as $13 billion petrochemical products in the current Iranian calendar year, which began on March 21, the National Iranian Petrochemical Company managing director said.

Iran’s gas condensate exports up 76%


Exports of gas condensate from Pars Special Economic Energy Zone (PSEEZ) in the Iranian southern port of Assaluyeh rose by 76 percent in the first Iranian calendar month of Farvardin (March 21- April 20) compared to the same period in the last year.