News Archive - 11 December 2016

In Iran, the recent agreement between oil exporting countries, both OPEC and non-OPEC, to cut productions, has been met with relative optimism, particularly so because it exempts Iran, whose oil industry was marred by US-led sanctions, from cutting its production as substantially as other nations. Hamid Hosseini, a member...

The chairman of Iran Air said the flag carrier has finalized an initial deal with US aircraft maker Boeing to purchase 80 passenger planes.   “Today, we signed a document with Boeing to buy 80 planes within 10 years,” Farhad Parvaresh said during the signing ceremony in Tehran on...

>WASHINGTON The central question facing Exxon Mobile Corp. chief executive Rex Tillerson if he becomes U.S. secretary of state is whether a life-long oil man with close ties to Russia can pivot from advancing corporate interests to serving the national interest.Tillerson, 64, got his start as a production...

>The North's KCNA state news agency report did not say when North Korean forces conducted the combat exercise, nor did it mention the South Korean parliament's vote on Friday to impeach its president, Park Geun-hye.Pictures in a Sunday report on the exercise in the North's Rodong Sinmun newspaper showed...