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Trilateral Agreement to Help Increase Investments in Insurance Technology
EghtesadOnline: The Central Insurance of Iran, the regulatory body of the sector, has signed an agreement with the Iran National Innovation Fund and the Iran Biotech Development Council to launch a fund for boosting investments in insurance startups.
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Banks Set to Adopt XBRL for Financial Reporting
EghtesadOnline: According to the CBI governor Ali Salehabadi, XBRL standard will be tested in one of the banks in February and later other banks will be required to submit their financial reports accordingly
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Airbus Suffers $1.5 Billion Hit Against Delays to Two Key Models
EghtesadOnline: Airbus Group SE took charges totaling 1.4 billion euros ($1.5 billion) against delays and glitches at two key programs that have left it even more reliant on a second-half production surge to meet annual earnings goals.