Press TV- The Swiss firm Stadler Rail says it is disappointed that it has to ditch a $1.4 billion railway deal in Iran because of US President Donald Trumps decision to reimpose sanctions on the Islamic Republic. The rail group signed a letter of intent in Tehran at the end of February to deliver 960 subway cars, even though it later denied any ...

Press TV - The Swiss firm Stadler Rail has denied reports that it signed a $1.4 billion contract to build 960 subway wagons for Iran. The Swiss embassy in Tehran had said on Wednesday that Stadler would put the wagons in service from the end of 2020 in the Iranian capital and its western suburb of Karaj. On the margin of the First Iranian-...