Business

05 July 2020; MEMO: The UK’s exit from the European Union (EU) will not affect its appreciation of Turkey’s strategic value, and the two sides’ relations will continue, Anadolu Agency reported Britain’s consul general in Istanbul stating on Wednesday.

05 July 2020; MEMO:Lebanese Prime Minister Hassan Diab and Iraqi Oil Minister Ihsan Abdul Jabbar discussed on Friday exchanging Iraq’s oil with Lebanon’s food and other industries, news agencies reported.

According to Anadolu Agency, the discussions took place during Jabbar’s visit to Beirut and his meeting with Diab and other Lebanese ministers.

05 July 2020; MEMO: After having been one of the European countries to provide the greatest diplomatic and logistic support, and remaining silent regarding the thousands of deaths and massacres committed by its troops, France has finally abandoned General Khalifa Haftar. But isn’t it too late. And why now?

Lucknow, July 3 (PTI) Bombardier Transport India has bagged a contract for the supply of 67 trains of three cars each for Kanpur and Agra Metro projects, according to an official statement.

The Uttar Pradesh Metro Rail Corporation (UPMRC) has awarded the contract for supply, testing and commissioning of 201 cars along with train control and signalling system to Bombardier Transport India Pvt. Limited.

Four international firms had submitted bids for the contract in February this year.

Paris, Jul 3 (AP/PTI) Air France and regional subsidiary Hop announced 7,500 job cuts Friday after the virus pandemic grounded most flights and darkened prospects for future air travel.

Activists from multiple unions protested at Air France headquarters at Paris' Charles de Gaulle Airport as talks began Friday morning about future job prospects at France's flagship airline.

Mumbai, Jul 3 (PTI) After falling in the previous week, the country's foreign exchange reserves rose USD 1.27 billion to USD 506.84 billion in the week ended June 26, according to the latest data from the RBI.

03 July 2020; MEMO: The Hamas and Fatah have agreed to unite to confront Israel’s planned annexation of the occupied West Bank, they said in a statement yesterday.

03 July 2020; MEMO: US prosecutors late on Wednesday filed a lawsuit to seize the gasoline aboard four tankers that Iran is shipping to Venezuela, the latest attempt by the Trump administration to increase economic pressure on the two US foes, Reuters reports.

03 July 2020; MEMO: Production has resumed at the Al-Khafji joint oil field located in the neutral zone between Kuwait and Saudi Arabia, the acting CEO of the Kuwait Gulf Oil Company said Thursday, Anadolu reports.

Output at the field had been suspended since June 1 according to a decision by the Khafji Operations Joint Executive Committee, Abdullah Al-Sumaiti said in a press release.

02 July 2020; MEMO: Saudi Arabia stressed on Tuesday that the water security of Egypt and Sudan are an integral part of Arab security, rejecting “any measure that affects the rights of all parties to the Nile’s water”.