Business

03 Apr 2021; MEMO: Antoine Constantine, advisor to Michel Aoun, has announced that the president is preparing for a new initiative that will present great opportunities to the Lebanese people.

Constantine confirmed in a tweet that President Aoun is set to establish a joint economic market.

(AP) --- The United States and Iran said Friday they will begin indirect negotiations with intermediaries next week to try to get both countries back into compliance with an accord limiting Iran’s nuclear program, nearly three years after President Donald Trump pulled the U.S. out of the deal.

The announcement marks one of the first bits of tangible progress in efforts to return both nations to terms of the 2015 accord, which bound Iran to restrictions in return for relief from U.S. and international sanctions.

Mumbai, Apr 2 (PTI) All major financial markets including BSE, National Stock Exchange, bullion, forex and debt markets will remain closed for the day on account of Good Friday.

New Delhi, Apr 2 (PTI) West Bengal, which is the midst of a high-pitched assembly election, accounts for the highest collection of about Rs 90,000 crore from small savings schemes such as NSC and PPF among the states and union territories, which is about 15 per cent of the total corpus.

It is followed by Uttar Pradesh, the largest state in terms of population, with gross collection of Rs 69,660.70 crore out of the Rs 5.96 lakh crore garnered during 2017-18 (last updated), as per data collated by the National Savings Institute under the finance ministry.

01 Apr 2021; MEMO: UN officials are reviewing plans to build a new canal along the Egypt-Israel border following the week-long blockage caused by the grounded cargo ship Ever Given, the Guardian has reported.

Hundreds of ships were caught in a bottleneck on the Suez Canal after a Panamanian vessel, the Ever Given, ran aground on Tuesday last week.

OPEC+ today debated whether to keep deep oil output cuts in place or ease them after the administration of US President Joe Biden resumed Donald Trump's practice of calling OPEC leader Saudi Arabia and said energy should be kept affordable, Reuters reported.

US Energy Secretary Jennifer Granholm said on Twitter she had spoken to Saudi Energy Minister Prince Abdulaziz Bin Salman.

01 Apr 2021; MEMO: Lebanese Druze leader Walid Jumblatt has asked why the UN-sponsored talks between Lebanon and Israel on maritime border demarcation around potentially oil- and gas-rich areas have stopped.

01 Apr 2021; MEMO: Turkish tour firms have begun organising vaccination tours to Russia for those who do not want to wait to receive the inoculation, Turkish daily newspaper Hurriyet reports.

According to the paper, tours include a visit to Moscow, accommodation, flights and the vaccination. A certificate is also given to those who received the inoculation

01 Apr 2021; MEMO: Turkey will convert a forgotten plane which skidded off the runway into a restaurant in Trabzon, a city off the Black Sea.

Three years after the Pegasus Airlines Boeing 737 was buried in mud, just 25 metres away from the sea, on the side of a cliff, the plane will be converted into a pide – Turkish flatbread – restaurant.

CAIRO, April 1 (Xinhua) -- Egypt's Suez Canal Authority (SCA) will seek over 1 billion U.S. dollars in compensation for the losses caused by the container ship Ever Given that was stuck in the waterway and blocking navigation for six days, SCA chairman Osama Rabie has said.

The compensation for the losses and damages "will reach over 1 billion dollars," Rabie told a local TV channel on Wednesday. "This is the right of the state and we will not give it up."