live Iran launches missile strikes towards Israel, sirens sounding in Jordan
Sirens rang out across multiple areas of Israel on Sunday night after missiles were launched from Iran towards the country, the Israeli military said...
Azerbaijan Railways (ADY) will buy seven new locomotives and spare parts from Chinese company "CRRC Ziyang Co., Ltd”. under a $26 million agreement.
"All technical and commercial issues related to the purchase of the locomotives and spare parts have been agreed upon. The total value of the agreement is 26 million US dollars," - ADY said in its press-release.
Featuring advanced technologies and innovative traction systems, the modern AC50-type mainline diesel locomotive is distinguished by its high traction power, increased fuel capacity, and exceptional reliability.
The AC50 model complies with Level IIIA environmental standards set by the International Union of Railways (UIC), enabling its operation in areas with specific emission requirements.
The locomotives will support the growing demand for freight transportation, particularly along the North-South International Transport Corridor and other key routes.
In the next phase, Azerbaijan Railways plans to buy 14 mainline locomotives additionally.
"In response to the continued growth of transit freight across international corridors passing through Azerbaijan, ADY is intensifying its efforts to modernize and expand its locomotive fleet to ensure the safe and efficient movement of cargo" - the release reads.
Counting is underway in Armenia's elections. The results of the vote are set to determine the political direction of the country of three million people for the next few years. Prime Minister Nikol Pashinyan is hoping to fend off challenges from several pro-Russia candidates to secure a third term.
Armenian authorities arrested six candidates from the pro-Russian Strong Armenia bloc on Saturday, one day before voters were due to take part in parliamentary elections.
More than 6,000 people gathered outside a vote-counting centre in Seoul on Friday night, demanding this week’s local elections be repeated after ballot shortages left some voters unable to cast their ballots.
Azerbaijan's Foreign Ministry has confirmed the number of casualties its citizens suffered as a result of the 5 June drone attacks on the cargo ships Natra and Zircon in the Sea of Azov. In a statement, it said four Azerbaijani citizens were killed and four others were injured.
The U.S. said it struck Iranian radar sites on Qeshm Island and in Goruk after intercepting four drones, while Iran's Revolutionary Guards said they launches retaliatory strikes on four tankers in the Strait of Hormuz and targeted U.S. bases in the Gulf.
Chinese carmakers are rapidly reshaping the global automotive market, with record exports, soaring electric vehicle sales and growing investments overseas putting pressure on established European, Japanese and U.S. rivals.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
European companies are continuing to deepen their presence in China, with nearly seven in ten firms maintaining or expanding their supply chains despite global efforts to diversify, according to a new survey by the EU Chamber of Commerce.
BP has removed its chair, Albert Manifold, with immediate effect, citing concerns over governance and conduct. The company said its board had unanimously decided that Manifold should no longer serve as chair or director.
The dual-class share structure outlined in SpaceX’s initial public offering (IPO) filing, which gives chief executive Elon Musk outsized control, has reignited one of Wall Street’s longest-running debates over corporate governance.
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