- 1. Iran's stock market not affected by UN sanction: SEO head
The head of Iran's Securities and Exchange Organizations (SEO) Ali Salehabadi said Saturday that the positive trend of his organization is an indication of its stability following a forth round of UN Security Council sanctions against Iran, the official Islamic Republic News Agency (IRNA) reported.
Currently, the capital market that covers vario...
- 2. International community react positively to China move on yuan reform
The international community has reacted positively to the pronounced move by the People's Bank of China to proceed further with its reform of the exchange rate regime so as to enhance the flexibility of the renminbi's or yuan's exchange rate.
U.S. President Barack Obama described the move as a "constructive step" while IMF Director-Gen...
- 3. UK's RBS sells Pakistan unit to Faysal Bank
The Royal Bank of Scotland (RBS) has sold its Pakistan unit to the Faysal Bank of Pakistan (FBP) for 51 million U.S. dollars, according to a notice issued Wednesday by the Karachi Stock Exchange.
Due to a regulatory disapproval, an earlier deal to sell the unit to the MCB Bank of Pakistan for 87 million U.S. dollars fell through in January.
R...
- 4. Nissan unveils North America training center in California
Nissan North America, Inc. has opened a new training center in Livermore, California, on Wednesday in a bid to better serve its customers in the area, the company said in a press release.
The center, which is located about 72 km east of San Francisco and covers more than 2137 sq meters of operational area, will play a critical role in Nissan and...
- 5. The History of Sunglasses
Exactly when sunglasses first appeared is not clear, but some archeologists have posited that the Inuit peoples from prehistoric times wore flattened pieces of walrus ivory with narrow slits through which they could look while blocking the harmful rays of the sun.
Early sunglasses first appeared in the 12th century where judges in Chinese courts...
- 6. Sunglasses
Sunglasses or sun glasses are a form of protective eyewear designed primarily to prevent bright sunlight and high-energy visible light from damaging or discomforting the eyes. They can sometimes also function as a visual aid, as variously termed spectacles or glasses exist which feature lenses that are colored, polarized or darkened. In the e...