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With the price of a barrel of oil beyond $100 per drum, global oil powerhouse Royal Dutch Shell is raking in some serious coin. But while Shell is bringing in the big bucks, it still cannot pay one very important client. Bloomberg is citing four sources who claim that Shell is finding it ...
With pressure mounting on Iran to halt its nuclear program, Daimler is reportedly joining the growing list of businesses – German ones especially – that are reducing their commercial activities with the rogue nation. Daimler has strong business ties in Iran, principally centered ...
Iran is putting a crimp in Renault's plans. The French automaker had teamed up with the nation as part of a joint-venture to build the bare-bones Logan (L90), but now finds itself in a bind as authorities in Tehran have nixed the plan, apparently over a disagreement over the export futures of the ...