Uzbekistan has launched the feasibility study for the Tashkent — Samarkand railway line. Trains on this route will reach speeds of up to 300 km/h, greatly cutting down travel time.
The South Korean consortium K-Rail One Team, consisting of Korail, the National Railroad Agency, SamAn, and Dongmyeong Technology Corporation, has begun working on the feasibility study for the new railway route.
A representative of the K-Rail Consortium stated, “We will focus our efforts on expanding Korean railway technology to countries around the world.”
The Ministry of Transport has confirmed the signing of documents that pave the way for the project's practical implementation.
The feasibility study is funded by the Export-Import Bank of Korea’s Economic Development Cooperation Fund.
The feasibility study is expected to be completed by March 2026. As part of the project, specialists will analyze the route, assess passenger demand, and calculate the project’s economic viability.
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Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption continues to disrupt air travel in Sicily.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said.
One person has been killed and six others injured after an explosion at a petroleum storage facility at the Port of Rotterdam, prompting an investigation into the cause.
Online fast-fashion platform Shein lost a London copyright lawsuit against rival Temu on Thursday over photographs used to promote some products.
Norway’s $2.3 trillion sovereign wealth fund has revealed a 0.05 per cent stake in SpaceX worth $1.22 billion, marking its first reported holding in Elon Musk’s space company.
U.S. data analytics firm Palantir Technologies has reported a 93 per cent year-on-year jump in second-quarter revenue, even as the company faces continued criticism over its work with Israel's military and allegations linking its technology to the war in Gaza.a.
Rising trade across the Caspian Sea is strengthening Georgia’s role as a logistics hub and could help the country develop higher-value industries, according to the Asian Development Bank (ADB).
Ford raised its full-year earnings forecast after reporting stronger-than-expected second-quarter adjusted profit, as resilient demand for its vehicles and operational improvements helped offset tariff-related costs.
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