EghtesadOnline: Passenger and freight rail transport could suffer losses estimated at 5,050 billion rials ($31.5 million) and 1,000 billion rials ($6.2 million) by June 20 due to the spread of coronavirus, the secretary of Iran’s Guild of Rail Transport Companies says.
EghtesadOnline: Iranian airlines are estimated to have sustained 30,000 billion rials ($187 million) in losses by April 3, as coronavirus has halted flights within the country and abroad.
EghtesadOnline: Tehran Stock Exchange eked out a 1.9% gain on Sunday and soared close to 9,800 points to pare some of the losses a session earlier.
EghtesadOnline: Heavy rains that began Monday have led to flash floods in the west and southwest of Iran, causing damage to infrastructure in some provinces.
EghtesadOnline: Excess production and price decline have inflicted losses amounting to 11 trillion rials ($79.13 million) on Iranian chicken farms over the past four months, the head of Iran Broiler Breeders Union’s board of directors said.
EghtesadOnline: Iranian car companies have incurred losses to the tune of 100 trillion rials ($833.2 million) in the first half of the current fiscal year (started March 21), secretary of Iran Vehicle Makers Association says.
EghtesadOnline: Refineries led the slide in Tehran stocks Tuesday as an early rally faded, giving the benchmark TEDPIX index its fourth straight loss.