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Business : Page 7

Poland, UK sign MoU on new airport
Chopin International AirportMay 21, 2020 ET
The governments of Poland and Britain signed a memorandum of understanding Wednesday on the construction of a new international airport 40 kilometers west of Warsaw.
Shortlist set for Norway’s $1.15 billion Sotra PPP project
Norway SotraMay 21, 2020 ET
Sotra Link, Itias and Vis Sotra have been selected for the $1.15 billion Sotra tunnel and bridge project in the county of Hordaland.
First Azerbaijan made tanker Lachin on its first voyage
Lachin tankerMay 20, 2020 ET
The first Azerbaijani made Lachin tanker, built at the Baku Shipyard LLC of the State Oil Company of Azerbaijan (SOCAR), has gone on its first voyage, Trend reports citing SOCAR.
Loan agreed for $235 million Paraguay road projects
Paraguay roadMay 20, 2020 ET
A loan from the Inter-American Development Bank (IADB) has been approved, which will pay for road projects in Paraguay.
EIB reaffirms commitment to European battery industry to boost green recovery
Andrew McDowellMay 20, 2020 ET
European Investment Bank (EIB) Vice President Andrew McDowell, confirmed the Bank’s commitment to supporting a strong, independent European battery industry. The alliance was initiated by European Commission Vice President Maroš Šefčovič in 2017, who also hosted the meeting.
China-Laos railway tunnel's border drilling finished
China-Laos railway tunnelMay 20, 2020 ET
China Railway No. 2 Engineering Group (CREC-2) told Xinhua that it has drilled through the Friendship Tunnel from northern Laos to the border line with China Wednesday.
British supermarkets threaten Brazil boycott over proposed forest law
TescoMay 20, 2020 ET
British supermarkets have warned Brazil they might have to boycott its products if lawmakers there pass a contentious bill that could enable faster destruction of the Amazon rainforest.
Costa Rica blocks more than 1,000 trucks at border
Daniel OrtegaMay 20, 2020 ET
Nicaraguan President Daniel Ortega said that a decision by the Costa Rican government is holding 1,010 heavy-duty trucks at two points on the common border.
Kazakhstan boosts oil exports to China
Kazakhstan oilMay 19, 2020 ET
Kazakhstan has increased crude oil exports to China on the back of falling prices in Europe, Vice-Minister of Energy Aset Magauov said on Monday.
Nile: River of discord between Egypt and Ethiopia
Grand Ethiopian Renaissance DamMay 19, 2020 ET
Tensions have escalated in the Eastern Nile region, with Egypt taking a complaint to the UN Security Council (UNSC) against Ethiopia\'s plan to fill a $5billion hydro dam.
Major U.S. automakers reopen some plants after coronavirus shutdowns
Ford employeeMay 19, 2020 ET
Major American automakers on Monday returned to making vehicles for the first time since the coronavirus shutdowns brought production to a halt in late March.
Interior approves plan for the largest solar project in U.S. history
Solar projectMay 19, 2020 ET
The Department of the Interior and the Bureau of Land Management (BLM) announced the approval of a proposal to construct and operate the largest solar project in U.S. history.
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