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UPDATE 1-Austria's OMV signs MoU to revive activities in Iran

VIENNA, May 4- Austria's OMV signed a memorandum of understanding with the National Iranian Oil Company on Wednesday as it looks to revive its activities in Iran. OMV Chief Executive Rainer Seele, who took the helm at Austria's biggest company last July, has singled out Iran, Russia and the United Arab Emirates in a push away from expensive North Sea field...

Source: Reuters

FERRARI, BEIJING AUTOMOTIVE AND BAIC ETERNALAND SIGN MOU FOR FERRARI THEME PARK IN MAINLAND CHINA

FERRARI, BEIJING AUTOMOTIVE AND BAIC ETERNALAND SIGN MOU FOR FERRARI THEME PARK IN MAINLAND CHINA.

Source: Reuters

Visa signs MoU with China UnionPay

Feb 25- China UnionPay and Visa Inc signed a memorandum of understanding to collaborate on payments security, Visa said on Thursday. China had announced last year that it would open up the market for foreign payment networks from June. Visa, the world's largest payments network operator, had said in January that it continues to work towards making a formal...

Source: Reuters