Iran

By now most people know that when The Boeing Co. (NYSE: BA) or Airbus or any other commercial plane manufacturer announces a firm contract, the total value of the contract is reported at the full...
Airbus Group SE announced Thursday that it has signed a firm contract with Iranian flag carrier Iran Air for 100 aircraft. The order includes 46 A320 family, 38 A330 family and 16 A350 XWB aircraft....
On Sunday at a press conference in Tehran, Iran Air's CEO said it will cut its order to a total of 100 Airbus planes and eliminate all A380s.
Boeing has announced that it will raise its dividend by 30% and cut production of its current model 777 to five per month.
Boeing will sell more than $16 billion worth of planes to Iran in a deal that it says will create 100,000 jobs. Can it possibly know that number?
Iran’s official news agency, IRNA, said this morning that the Islamic Republic has signed an agreement with The Boeing Co. (NYSE: BA) to purchase 80 aircraft valued at around $16.6 billion. The...
Crude oil prices have added about $5 a barrel since Wednesday's announcement from OPEC that the cartel had reached an agreement to slice more than a million barrels a day from production.
Many top oil stocks have risen handily. Where the moves look really crazy is in the more speculative second-tier stocks, which are either not as strong in the balance sheet or are still down...
U.S. commercial crude inventories decreased by 900,000 barrels last week, according to the latest U.S. Energy Information Administration petroleum status report.
The price for crude Monday morning is about $46 a barrel, and where it goes from there depends on the outcome of a meeting of OPEC oil ministers scheduled for Wednesday in Vienna.
The OPEC meeting on November 30 could result in a cut of nearly 2% to the world’s daily output if Saudi Arabia gets its way. The Saudis are pushing a cut to daily production to a ceiling of...
Late Thursday, the U.S. House of Representatives passed a bill blocking the sale of Boeing and Airbus commercial jets to Iran.
A spokesman for Airbus has told The Wall Street Journal that the aircraft maker has been cleared to transfer 17 planes to the Islamic Republic of Iran.
Iran reportedly is "sending positive signals" that it may support a freeze on production at the OPEC meeting scheduled for next month.
In what may be another litmus test for Apple and its commitment to its users' privacy, the government of Iran has threatened to ban the sale of the company's iPhone.