Maersk says U.S. sanctions make doing business in Iran impossible
COPENHAGEN (Reuters) - The world's largest container shipping firm A.P. Moller-Maersk said Thursday it would shut down its business in Iran to abide with reimposed sanctions after Washington pulled the United States from a nuclear accord......»»
Oil Smuggling Could Be a $133 Billion Business
When the U.S. imposes new sanctions on Iran later this year, restrictions on oil exports will be a big piece of the penalty. Could Iran turn to the black market to make up for the lost cash flow?.....»»
Futures Movers: Oil rises, on track for weekly loss as Iran nuclear talks make progress
Oil futures bounce Friday, but are on track for a weekly loss, with pressure tied in part to signs of progress toward a restoration of the Iran nuclear deal that would lift sanctions against Tehran......»»
Market Snapshot: Oil rises, on track for weekly loss as Iran nuclear talks make progress
Oil futures bounce Friday, but are on track for a weekly loss, with pressure tied in part to signs of progress toward a restoration of the Iran nuclear deal that would lift sanctions against Tehran......»»
Huawei plans to make electric vehicles and the first could arrive this year, according to a report
A move into electric vehicles would be a huge shift for China's Huawei, whose smartphone business has been hit hard by US sanctions. Huawei CEO .....»»
Trump"s national security adviser suggests Iran has been "choked off" by sanctions, but Trump says he "couldn"t care less" if Iran wants to negotiate
Brendan Smialowski/AFP via Getty Images; Behrouz Mehri/AFP via Getty Images; Samantha Lee/Business Insider President Donald Trump on Tuesday said he "couldn't care less" if US sanctions f.....»»
Iran is using bulldozers at the Ukrainian plane crash site, which could make it impossible to find out what really happened
A Ukrainian airplane crashed shortly after taking off in Iran on Tuesday, killing all 176 passengers onboard. .....»»
SpaceX"s Starlink internet satellites could make astronomy on Earth "impossible" and create a space-junk nightmare, some scientists warn
SpaceX; Kevork Djansezian/Getty; Business Insider SpaceX launched 60 Starlink satellites into space on Monday as part of a plan to blanket Earth in high-speed.....»»
Turkey"s Halkbank could face fine for failing to appear in U.S. court: prosecutor
A U.S. prosecutor on Tuesday called Turkey's Halkbank a "fugitive" after it failed to make an initial court appearance in a criminal case accusing it of conspiring to violate U.S. sanctions against Iran......»»
Abandoned markets and empty cinemas: 11 photos show how ordinary people are being hit by Trump"s sanctions on Iran, which are ramping up again
Masoud Soheili/Business Insider President Donald Trump's administration has since last November imposed waves of sanctions on Iran's economy, aimed at crippling its leadership so badly that it acquiesces to US.....»»
German business with Iran down sharply as US sanctions bite
A German business group says German companies' trade with Iran has declined sharply as the United States turns up the economic heat on Tehran......»»
Oil falls after Trump presses OPEC to make up for Iranian sanctions
Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran......»»
What Halliburton, Schlumberger Earnings Signal as US Iran Sanctions Waivers End
The expected announcement coming later Monday on an end to the waivers the United States has granted to eight countries doing business with Iran may be even worse if lukewarm outlooks from oilfield........»»
Iran"s oil tanker fleet being squeezed as sanctions bite
Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said......»»
ZTE applies to US Commerce department for suspension of business ban
Washington imposed a seven-year ban on U.S. companies selling components and software to ZTE after finding the Chinese telecoms company breached U.S. sanctions on Iran......»»
Companies Prepare for the Worst Amid Trump Iran Decision
Any new U.S. sanctions would likely affect European multinationals, if they have big business stateside or use the U.S. dollar or American banks in transactions......»»
Who gets hit when US resumes Iran sanctions
President Donald Trump’s decision to reimpose sanctions on Iran threatens to tighten global oil markets and could derail tens of billions of dollars in business deals......»»
Who gets hit when US resumes Iran sanctions
President Donald Trump’s decision to reimpose sanctions on Iran threatens to tighten global oil markets and could derail tens of billions of dollars in business deals......»»
Companies Reassess Iran Ties as Sanctions Loom
President Donald Trump said the U.S. would levy the “highest level†of sanctions against Iran, including the punishment of Western companies and banks if they continue to do business with the country......»»
What will Siemens do?
Germany's Siemens is already doing business in Iran. What does Washington's plans to reinstate sanctions mean for it and other European companies?.....»»
Iran Sanctions, SoftBank Boo-Boo, Net Neutrality: CEO Daily for May 9, 2018
Must-read business news, delive.....»»