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Iran signs flurry of business deals as leader visits Europe

MILAN— Iran is signing business deals across Europe as its president embarks on a tour of the region to restore contacts after years of economic sanctions and international isolation. Most sanctions were dropped last week after Iran agreed with world powers on a plan to limit its nuclear capabilities. The Danieli Group, a metals industry concern, signed 5.7...
Source: The Associated Press | By: By COLLEEN BARRY and CARLO PIOVANO, Associated Press
UPDATE 2-Italy's Saipem signs Iran deal as rights issue kicks off

MILAN, Jan 25- Saipem signed a memorandum of understanding on Monday to cooperate on major oil and gas projects in Iran, as the Italian oil contractor's giant 3.5 billion-euro rights issue began. The deal with Iran comes at an opportune time for the company, which has been hit hard by a prolonged oil price slump that has prompted oil majors to cut investment and seek...
Source: Reuters | By: Stephen Jewkes
UPDATE 1-Peugeot could hold board meeting on Iran on Wednesday - source

PARIS, Jan 25- French carmaker PSA Peugeot Citroen could convene a board meeting to discuss business opportunities in Iran on Wednesday, a source close to the company said ahead of a two-day visit by Iranian President Hassan Rouhani. Rouhani is heading a delegation of ministers and Iranian business leaders visiting Italy and France this week in a first...
Source: Reuters