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Sanctions imposed by the United States against Iran led to the withdrawal from the Iranian market of the German communications service provider Deutsche Telekom and the Deutsche Bahn railway concern, finversia.ru wrote with reference to the message of the German weekly business news magazine. In May, Deutsche Telekom, in which the state owns 32%, already closed all Iranian projects. Deutsche Bahn, 100% owned by the state, said that it intends to close the projects before the end of September. A representative of Deutsche Bahn noted that the reason for leaving Iran was “a changed banking practice”. It is noted that earlier the Daimler concern also stated about the suspension of work in Iran in connection with the introduction of US sanctions.
Apple, Google, Amazon, and Facebook’s chief executive officers faced Republican and Democratic U.S. lawmakers on Wednesday for the much-anticipated congressional hearing. The CEOs were questioned for alleged abuse of their market power ...
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
The self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV (FCHA.MI) signed a partnership deal on Wednesday to fully develop self-driving cars, pickups, and SUVs. Waymo, an Alphabet Inc. (GOOGL.O) unit, and Fiat Chrysler said ...
Oil prices steadied on Tuesday, stuck in narrow ranges as investors pinned hopes on fuel demand recovery amid renewed lockdowns due to rising coronavirus cases. Prices were supported by positive news on vaccine development as medical institutions ...
On Monday, U.S. international banking giant Goldman Sachs (G.S.) said that it would resume negotiations with the Malaysian government this week to hammer out a multi-billion dollar financial settlement lost in a scandal at sovereign fund 1Malaysian ...
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