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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Iran’s FM to hold talks on nuclear deal in Moscow Tuesday: Official

The Hotel Palais Coburg in Vienna, was the venue of diplomatic talks on Iran's nuclear program. (AFP File)
  • US Secretary of State Antony Blinken has dismissed as "irrelevant" the Russian demands for guarantees.
  • The 2105 deal gave Iran sanctions relief in exchange for curbs on its nuclear program.

Tehran’s Foreign Minister Hossein Amir-Abdollahian will head to Moscow on Tuesday, his ministry said, days after negotiations on an Iran nuclear deal stalled amid new Russian demands.

Amir-Abdollahian will “go to Moscow on Tuesday” to continue discussions on the nuclear deal, ministry spokesman Saeed Khatibzadeh told reporters on Monday.

Ten months of talks in Vienna have brought major powers close to renewing a landmark 2015 agreement on regulating Iran’s nuclear program.

But the negotiations were halted again after Russia on March 5 demanded guarantees that Western sanctions imposed following its invasion of Ukraine would not damage its trade with Iran.

US Secretary of State Antony Blinken has dismissed as “irrelevant” the Russian demands for guarantees, saying that they “just are not in any way linked together”.

The current round of negotiations started in late November in the Austrian capital between Iran and Britain, China, France, Germany and Russia, with the US taking part indirectly.

The 2105 deal gave Iran sanctions relief in exchange for curbs on its nuclear program.

But the US unilaterally withdrew from the accord in 2018 under then-president Donald Trump and imposed tough economic sanctions on different sectors, including oil exports.