Bourse and Bazaar - An Iranian member of parliament denounced the arrest of several striking workers following weeks of protests at a steel plant in southwestern Iran, the semi-official ISNA news agency reported Wednesday. "A number of workers of the National Steel Group who had work-related complaints were arrested two days ago," Alireza Mahjoub,...

  TEHRAN, Oct 30 (Shana) MP from Tehran Ali-Reza Mahjoub says Iran wrestled to succeed in reviving its oil market share. "Minister of Petroleum Bijan Zanganeh resisted to revive the market," said Mahjoub in an interview with Shana. He said Zanganeh's agenda is resistance to revive the lost share in the oil markets. He added that Iran ...

An Iranian workers union on Wednesday urged the government to hike salaries and curb soaring inflation as the Islamic republics economic woes take a toll on its working class, local media reported. A 25-percent increase in salaries does not even correspond with the annual inflation [ending March 2012], let alone that of this year, said the head of ...