High-ranking officials from Iran's rail industry signed a major deal with the French rail car manufacturer Alstom to produce subway cars.
Iran, France ink deal on manufacturing subway cars
One of South Korea's main trade strategies is to forge links with Iran's small and midsize businesses to minimize the adverse impacts of any severance of trade interaction between a few major companies, said South Korean ambassador to Iran.
South Korea focusing on small, midsize businesses in Iran: Envoy
Iran's nominal electricity generation capacity has surpassed 77,000 megawatts (MW), said deputy energy minister.
Iran's power generation capacity tops 77,000 MW
The first freight train between Iran and Afghanistan will depart the Islamic Republic for the landlocked country within two weeks, said the deputy head of Islamic Republic of Iran Railways (IRIR) for planning and investment affairs.
First Iran-Afghanistan freight train on track in two weeks
The International Monetary Fund on Monday kept its growth forecasts for the world economy unchanged for this year and next, although it slightly revised up growth expectations for the eurozone and China.
IMF: Global recovery on firmer footing
German auto stocks took a hit in early Monday trading, weighed down by uncertainty over possible antitrust fines after European regulators said that they were investigating allegations that carmakers were operating a cartel.
BMW, VW, Daimler shares skid on EU probe of German carmakers
Greece could be close to returning to sustainable economic growth at last after almost a decade of devastating recessions and crises, economists believe.
Greece on brink of return to sustainable growth
The Organization of the Petroleum Exporting Countries (OPEC) is worried that its plan to drain a global oil glut — and thereby raise crude prices — isn’t working.
OPEC grapples with growing threats to oil deal
The administration of President Hassan Rouhani in a cabinet meeting on Sunday approved a bill to switch Iran's national currency from rial to toman, an official said on Monday.
Iranian cabinet approves bill to switch currency from rial to toman
The International Monetary Fund (IMF) has lowered its forecasts for US and UK economic growth this year, following weaker-than-expected activity in the first three months.
IMF downgrades US, UK growth

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