OECD cuts Bulgaria’s 2024, 2025 GDP growth projections
Sofia: Bulgaria's economy is projected to grow by 2.3% in 2024 and 2.8% next year, the Organisation for Economic Co-operation...
Business
Increasing role of China in EU’s automotive industry
Brussels: In 2022, the domestic value added of the EU automotive industry attributed to non-EU consumers amounted to €78.9 billion,...
Xi Jinping stresses comprehensively advancing high-quality Belt and Road cooperation
Beijing: Chinese President Xi Jinping has stressed comprehensively advancing high-quality cooperation under the Belt and Road Initiative (BRI). Xi, also...
China-Pak trade coop flourishes with 9 deals worth RMB 1.918b signed
Beijing: Nine cooperation agreements were signed between Chinese and Pakistani enterprises, with a total value of RMB 1.918 billion (approximately...
House rent in Portugal increase 4.9% in one year
Lisbon: According to the idealista price index, renting a house costs 16.1 euros per square meter (euros/m2) at the end...
Bulgaria’s minfin slashes 2024 GDP growth f’cast to 2.2%
Sofia: Bulgaria's finance ministry said on Tuesday that it expects the country's real economy to expand by 2.2% in 2024,...
Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits
Rome: The Italian prime minister, Giorgia Meloni, has said her government will try to protect jobs as political tensions mount...
UK CAA Eyes Lifting Pakistan Flight Ban, But Not Yet
London: The UK Civil Aviation Authority (CAA) says it hopes to remove Pakistani carriers from the UK Air Safety List...
Portugal property prices up 10% in one year
Lisbon: Purchasing a house in Portugal now has a median cost of 2,783 euros per square meter (euros/m2) at the...
Guizhou’s industry catches up as investors look for new opportunities
Guiyang: With Christmas approaching, production lines in a workshop in a remote county in Guizhou Province, southwest China, are busy...
UK business confidence at lowest level since pandemic after tax-raising budget
London: The UK government has been accused of undermining the foundations of the economy with its autumn budget, after business...
If we delay the UK’s drive for electric vehicles, our rivals will overtake us
Jonathan Reynolds London: The push to electric vehicles is not about a culture war. It is a simple choice. Do...
Italy-Slovakia together to modernise Gabcikovo aqueduct
Rome: This week, in the presence of the Deputy Prime Minister and Minister of the Environment of the Slovak Republic...
Henan’s consumption growth outpaces national average in Jan-Oct
Henan Daily Zhengzhou: Strong momentum in the dining and retail sectors, a vibrant cultural and tourism market, and a higher...
Relief for Portugal’s minority government as parliament passes 2025 budget
Lisbon: Portugal's parliament on Friday gave final approval to the centre-right minority government's 2025 budget bill, which promises to lift...
easyJet expands in Italy with new bases starting spring 2025
Rome: easyJet has announced its ambitious expansion plans in Italy, cementing the country as its second-largest market. Starting in spring...
Bulgaria allocates 3 GW of renewables capacity, 1.17 GW of storage in auction
Sofia: The Bulgarian Ministry of Energy has announced the final results of the country’s first renewable energy auction. The government...
Worldline says payment services disruptions in Italy not yet resolved
Milan: French digital payments company Worldline on Friday said gas roadworks accidentally damaged its network connection to its data centres...
China’s smart vehicle supply chain drives global innovation at supply chain expo
China's smart vehicle supply chain is emerging as a critical force in the global automotive industry, driven by innovation and...
UK tightens curbs on employers exploiting foreign workers
Britain on Thursday set out stronger sanctions against employers who exploit foreign workers, following research showing abuses, particularly in the...
EASA lifts ban on PIA for flights to Europe: Aviation Minister Khawaja Asif
Aviation Minister Khawaja Asif on Friday announced that the European Commission and European Aviation Safety Agency (EASA) have lifted the...
Thousands take to streets in Italy to demand better wages amid inflation
Thousands of Italians took part in a general strike Friday to protest low wages and purchasing power, although its impact...
China issues action plan to cut national logistics costs
The Chinese government has issued an action plan to cut logistics costs to boost economic efficiency, targeting a reduction in...
How the UK Economy Looks Exposed to Trump Tariff Threats
It’s not just the royals, high tea and Downton Abbey. Americans also love British drugs, chemicals and Range Rovers, leaving...
Switzerland and EU near agreement on cohesion payments, say diplomats
Switzerland and the EU are coming closer to reaching an agreement on how much the neutral country should contribute to...
China-EU negotiations on EV tariff price commitment ongoing: MOFCOM
Negotiations between China and the EU regarding a proposed price commitment plan related to tariffs on Chinese electric vehicles (EVs)...
World’s Largest Flight Compensation Company Acquires Bulgarian-founded ClaimCompass
World’s Largest Flight Compensation Company Acquires Bulgarian-founded ClaimCompass, TheRecursive.comBulgaria, USA ~AirHelp, an international air passenger rights platform, has acquired Bulgarian...
Pakistan, China ink MoUs worth $250m
Pakistani and Chinese companies on Tuesday signed 13 memorandums of understanding (MoUs) worth $250 million on fostering joint ventures and...
Pak-Belarus trade ties strengthens with key agreements, MoUs at Business Forum
Islamabad: Pakistan and Belarus on Monday signed eight memorandums of understanding (MoUs) and key trade agreements, aimed at strengthening bilateral...
SEZs: Investment minister orders to resolve all issues of Chinese companies
Lahore: Pakistani Federal Minister for Board of Investment, Privatization and Communications Abdul Aleem Khan ordered that the problems being faced...
