Two major Japanese companies and an Indian state-run corporation seek to resume purchasing Iranian crude in January and February more than two months after the US reinstated sanctions on Iran’s oil and banking industries.
All countries that were granted waivers from the United States to continue buying a certain amount of Iranian oil imports are complying with US sanctions, a senior Iranian energy official said, noting that Tehran was hopeful to find new buyers.
Amazon.com Inc. said on Monday it would offer free shipping with no purchase minimum for the first time this holiday season, heating up the competition with Walmart Inc. and other rivals vying for customers’ Christmas shopping sprees.
Apple’s iPhone sales are set to dip by around a quarter in India’s holiday season fourth quarter, putting them on course for the first full-year fall in four years, industry research firm Counterpoint said on Saturday.
The US House passed legislation Thursday that would require Treasury Department to report to Congress on Iranian purchases of US aircraft while Republicans emphasized that the legislation does not bar any aircraft sales to Iran.
Most economists oppose Prime Minister Shinzo Abe’s plan to redirect some revenue from a planned sales-tax increase to child care and education because it would add to Japan’s massive debt burden, a poll showed.
European car sales rose 7.7 percent in May from the same month a year ago, industry data showed, returning to growth after a dip in April and with nearly all auto manufacturers recording sales increases.