Asia Top News and Analysis Iran

More

  • *Others see increasing signs Iran may not take biggest jet. *Airbus says negotiations with Iran are progressing. PARIS, June 27- As Western planemakers seek to finalise lucrative deals to sell some 200 jets to Iran, doubts are growing over the sale of a dozen Airbus A380 superjumbo jets to the country's national flag carrier, several people familiar with deal said.

  • DUBAI/ LONDON, June 27- Oil minister Bijan Zanganeh has handed the running of Iran's national oil company to a trusted ally in a push to agree long-awaited deals with global oil majors, which could be derailed by next year's presidential polls. Iran has pledged to open up its lucrative oil reserves, the world's fourth largest, although hardline rivals of reformist...

  • *Others see increasing signs Iran may not take biggest jet. *Airbus says negotiations with Iran are progressing. PARIS, June 27- As Western planemakers seek to finalise lucrative deals to sell some 200 jets to Iran, doubts are growing over the sale of a dozen Airbus A380 superjumbo jets to the country's national flag carrier, several people familiar with deal said.

  • LONDON— The Latest on Britain's historic vote to leave the European Union:. A British opposition lawmaker says Parliament should stop the "madness" and overturn the result of a referendum calling for Britain to leave the European Union. Britain's vote to leave the European Union has reverberated through London's boisterous LGBT pride festival.

  • WASHINGTON— The world's major economies on Friday suspended anti-money laundering measures against Iran for a year despite concerns that the Islamic Republic uses its financial sector to protect criminal enterprises and fund terrorist activity. If Iran fails to make progress over the next 12 months, "FATF's call for counter-measures will be re-imposed," it...

  • WASHINGTON— Boeing Co.' s historic $25 billion deal with Iran Air potentially rides on hopes that Tehran would stop its past practice of using the airline's planes to ferry fighters and weapons across the Middle East. Iran Air used passenger and cargo planes to transport rockets and missiles to places such as Syria, sometimes disguised as medicine or spare...

  • DUBAI, June 22- Iran's Foreign Minister Mohammad Javad Zarif said on Wednesday he hoped that Tehran's deal with U.S. planemaker Boeing would pave the way for finalising another contract with its European rival Airbus. The agreement helps the U.S. aerospace and defence company catch up with a $27 billion, 118- plane order Iran placed with Airbus in January.

  • PARIS— France's foreign minister said on Wednesday that his country will work toward guaranteeing Iran's return to the international community despite major differences over Syria. Jean-Marc Ayrault spoke after meeting with Iranian Foreign Minister Mohammad Javad Zarif, who has been making the rounds of European capitals to seek benefits from a nuclear...

  • DUBAI, United Arab Emirates— Boeing Co. said Tuesday it signed an agreement with Iran Air "expressing the airline's intent" to buy its aircraft, setting up the biggest business deal between the Islamic Republic and America since the 1979 U.S. Embassy takeover in Tehran— if it goes through. Boeing issued a statement to The Associated Press saying that it signed the...

  • TEHRAN, Iran— Iranian state TV says the inflation rate has dropped into the single digits for the first time in decades. It quotes Vice President Mohammad Bagher Nobakht as saying Tuesday that annual inflation has dropped to 9.5 percent. Iran's inflation has been in the double digits since 1991, and in 1995 was a record-high 49.5 percent.

  • PARIS, June 21- French carmaker PSA Group said on Tuesday it had finalized a production deal with state-owned Iran Khodro, preparing its return to the Middle East's biggest auto market. PSA and other western carmakers including Renault and Volkswagen have been pursuing Iran sales and manufacturing agreements since a breakthrough deal last July to curb...

  • TEHRAN, Iran— Iran Air has signed an agreement to buy aircraft from Chicago- based Boeing Co., the first major American company to make a deal in the Islamic Republic since the last year's landmark nuclear agreement, which lifted international sanctions. The European aircraft manufacturer sold 118 planes to Iran, a deal estimated to be worth $25 billion.

  • DUBAI, United Arab Emirates— Boeing Co. said Tuesday it signed an agreement with Iran Air "expressing the airline's intent" to buy its aircraft, setting up the biggest business deal between the Islamic Republic and America since the 1979 U.S. Embassy takeover in Tehran— if it goes through. Boeing issued a statement to The Associated Press saying that it signed the...

  • TEHRAN, Iran— Boeing Co. is negotiating a deal to sell 100 airplanes to Iran, state-run media reported Sunday, a sale potentially worth billions that would mark the first major entry of an American company into the Islamic Republic after last year's nuclear deal. Despite efforts by the U.S. State Department to encourage trade to Iran, many American firms remain...

  • BRUSSELS— The European Union has eased restrictions against Iran Air and is allowing most of its planes to resume flights to Europe. EU Transport Commissioner Violeta Bulc said Thursday that a successful "technical assessment" was carried out at Iran Air in May, weeks after she visited the country. The EU move comes just months after Iran Air signed deals to buy...

  • Iran needs to renew fleet, plans to buy Boeing, Airbus planes. *EU also removes Indonesia's Lion Air from blacklist. BRUSSELS, June 16- Iran's state airline, which has just reached an agreement with Boeing Co to purchase new jetliners, can resume flights in the EU, the European Commission said on Thursday.

  • TEHRAN, Iran— An Iranian-British woman detained in Iran faces charges of trying to cause the "soft toppling" of the government, a state-run news agency reported Wednesday, the latest in a series of cases in which dual nationals have been detained since last year's nuclear deal with world powers. Iran's Revolutionary Guard detained Zaghari-Ratcliffe on April 3...

  • *Iran central bank says 200 banks have established ties. *Supporting gradual rebound in Iran- Europe trade. But in the last few weeks, the officials and bankers say, Tehran has begun making a dent in its financial isolation by forging banking channels via small institutions, many of which do little or no business in the United States and so feel less legally exposed...

  • *Iran says has agreement with Boeing for new planes. DUBAI/ PARIS, June 14- Iran said it had reached an agreement with Boeing Co for the supply of jetliners on Tuesday, reopening the country's skies to new U.S. aircraft for the first time in decades under an international deal to ease sanctions. The sources said the agreement was so far only a broad outline of what a...

  • PARIS, June 14- Iran has reached a tentative understanding with U.S. planemaker Boeing that would see it acquire over 100 Boeing passenger jets under a deal between Tehran and world powers to ease sanctions, Western and Middle East sources said on Tuesday. The deal, which is so far only an outline of what a proposed future arrangement would look like, involves flag...