Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati, in an Instagram post on Monday, said that the value of his country’s national currency had improved by 21 percent, adding that Tehran has succeeded in overcoming US sanctions.
Iranian Oil Minister Bijan Namdar Zanganeh said on Monday that he expects further production decrease during the next meeting of the Organization of the Petroleum Exporting Countries (OPEC) in December.
British Airways owner IAG said on Monday it had agreed to buy Spanish carrier Air Europa for one billion euros ($1.12 billion) in cash, bolstering its ability to compete for European travel to Latin America and the Caribbean through Madrid.
India's gold imports fell for a fourth straight month in October from a year ago as near record-high prices dampened buying during key festivals in the world's second-biggest consumer of the metal, a government source said on Monday.
US Commerce Secretary Wilbur Ross said the Trump administration remained ‘fully committed’ to the Indo-Pacific, amid questions over US strategy in the region fueled by the president’s absence from a regional summit.