• Eurozone lending to grow but ECB weighs on profits
    Banks across the eurozone are set to expand lending further in the second quarter, even as the European Central Bank's ultra-easy monetary policy erodes profitability, an ECB survey showed on Tuesday.
  • China’s steel clashes with the West: A taste of things to come?
    China’s steel battles in Europe and North America are likely to be only a prelude of bigger future fights as softening domestic demand unleashes a flood of output on to world markets.
  • Australia inflation highest since 2014
    Australian consumer price inflation tiptoed atop two percent last quarter for the first time since 2014 as petrol, health care and education got more expensive, a hopeful sign that the danger of deflation had likely passed for this cycle.
  • German government lifts 2017 growth forecasts to 1.5 percent
    The German government has slightly raised its growth forecasts for Europe's biggest economy for this year and next due to increased optimism about rising global demand, two senior government officials told Reuters on Tuesday.
  • Three-month crude steel production tops 4.5m tons
    Iran produced 4.579 million tons of crude steel in the first three months of the current year, indicating a growth of 12.75 percent compared with the figure for the same period of 2016, which was 4.061 million tons.
  • Iran's four-year oil revenues hit $157b
    Iran's oil revenues during the tenure of President Hassan Rouhani from March 2013 to March 2017 reached $157 billion, announced the head of Management and Planning Organization of Iran.
  • Chabahar Port operations progressing fast: India
    Development operations in the strategic Chabahar Port in Iran for which India will invest $500 million is progressing fast and the country has already formed a global port company there, said India's union minister for road transport, highways and Shipping.
  • German Linde ready for direct investment in Iran’s petchem: Official
    German company Linde is ready for direct investment in Iran's petrochemical industry, announced Iran's deputy oil minister for international and commercial affairs.
  • Iran exports minerals worth $7b
    Iran exported minerals weighing 57.64 million tons and worth over $7 billion in the year to March 20.
  • China targets 35m vehicle sales by 2025
    China is targeting 35 million vehicle sales by 2025 and wants new energy vehicles (NEVs) to make up at least one-fifth of that total, the industry ministry said on Tuesday.
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