UK should double public investment to boost growth, says think tank
London: Britain needs to spend an extra 50 billion pounds ($64 billion) a year on public investment to boost productivity...
Business
Italy doubles tax for rich who move fiscal residence to country
Rome: The Italian government greenlighted on Wednesday a decree that sees doubling to 200,000 euros ($218,220) a year the so-called...
China poised to become world’s largest economy by 2035; forecast global experts
China Economic Net Beijing: A report, titled ‘Decisive Battle: The Progress of China’s Comprehensively Deepening Reform and High-Standard Opening Up...
Hangzhou Aiche and Pakistan’s LDS Forge POCT Partnership
Gwadar Pro Hangzhou: Hangzhou Aiche Medical Technology Co., Ltd. (a subsidiary of Boyue Group) and Pakistan's Lab Diagnostic Systems (LDS)...
Huawei, Quantum Cloud & AI announce strategic alliance
Celina Ali Islamabad: Quantum Cloud & AI has announced a strategic alliance with Huawei Cloud Pakistan, aimed at fast-tracking the...
UK government and defence industry boost support for Ukraine
London: Minister for Defence Procurement and Industry Maria Eagle met with Ukrainian counterparts and UK defence industry leaders in Ukraine...
China’s Dongfeng ‘well placed’ for new car plant in Italy
Rome: Talks talks between Italian authorities and China’s Dongfeng Motor Group about a factory to make electric vehicles are at...
China’s traditional textile hub showcases opportunity for Pakistani businesses
Beijing: Suzhou, once known as a city of textile in ancient China, has established itself as an industrial hub in...
China builds new platform for Sino-African entrepreneurship
Changsha: For Taiwan-based China Communications Media Group, a crucial step in their venture into Africa starts a little closer to...
PM directs economic team to speed up transformation of FBR
Lahore: Prime Minister Shehbaz Sharif Sunday set a target for his economic team to speed up the process of transformation...
Exclude drinks industry from alcohol policy planning, UK campaigners urge
London: Ministers are being urged to exclude the alcohol industry from helping to draw up plans to reduce drink-related harm...
UK food industry says lack of testing capacity forcing imports back to EU for checks
London: Imported food coming into the UK through Brexit border posts is being sent back to Europe to be tested...
What does the EU Green Deal mean for packaging?
Brussels: The EU Green Deal is a hot topic, and rightly so. With 94% of consumers saying it’s a brand’s...
BISP-NADRA to explore mutual avenues for enhanced collaboration
Celina Ali Islamabad: Benazir Income Support Programme (BISP) and National Database Registration Authority (NADRA) have joined hands to explore mutual...
Pakistan’s export to China witness increase of 33.67 percent in fiscal year 2023-24
Gwadar Pro Islamabad: Pakistan’s export of goods and services to China witnessed an increase of 33.67 percent during the twelve...
China interested in enhancing Pakistan’s agriculture potential through investment: Huang Pei
Islamabad: Commercial Head of LTEC, International Agriculture Development Company of China, Huang Pei said that China was interested in enhancing...
China sees over 400 mln railway passenger trips in July travel rush
Beijing: China recorded 423 million railway passenger trips in July, the first half of the two-month summer travel rush, data...
Government shelves £1.3bn UK tech and AI plans
London: The new Labour government has shelved £1.3bn of funding promised by the Conservatives for tech and Artificial Intelligence (AI)...
Sofia bourse indices mostly grow, Chimimport drives gains
Sofia: Most indices of the Bulgarian Stock Exchange (BSE) finished the week in green territory, with the blue-chip SOFIX, the...
Italy blames financial woes in family benefits dispute with Brussels
Rome: Rome is facing legal action by the European Commission for allegedly discriminating against EU citizens who reside in the...
Italy: The Globally Connected Mediterranean Power?
Rome: The recent meeting linking Italy, the UK and Japan through the Global Combat Air Programme, alongside the participation of...
Italy: Turnover growth for packaging machinery industry
Rome: Italy’s automatic packaging and wrapping machinery market recorded total turnover of €9.23bn during 2023, marking an 8 per cent...
China-Pakistan JVs to boost expansion of Pakistan’s leather industry
Mia Shah - Gwadar Pro Beijing: Pakistan and China are forging joint ventures expected to propel Pakistan’s leather industry to...
Pakistani business officials draw inspiration from China-aided poverty alleviation projects
Mia Shah - Gwadar Pro Beijing: A group of 19 officials, business representatives, and experts in charge of economic development...
UK manufacturing recovery strengthens
London: The UK Purchasing Managers’ Index (PMI) for the manufacturing sector rose 52.1 in July, reaching an 18-month high, according...
Bulgaria’s Monbat boosts H1 non-cons net profit 53%
Sofia: Bulgarian battery manufacturer Monbat said its standalone net profit grew to 6.1 million levs ($3.4 million/3.1 million euro) in...
Europeans see democracy and economic power as key strengths of the EU, Eurobarometer shows
Brussels: A new Eurobarometer survey shows that Europeans identify respect for democracy, human rights, and the rule of law (38%)...
Pakistan govt to support exporters to establish business ventures between Pakistani, Chinese Seafood Companies
Karachi: Pakistani Federal Minister for Maritime Affairs Qaiser Ahmed Shaikh has said that the government will support exporters for the...
Italy bets on automotive sector to strengthen relationship with China
Rome: During her first official trip to China, Italian Prime Minister Giorgia Meloni signed a three-year plan aimed at fostering...
Huawei, IoBM hosts landmark event on IT
Karachi: Huawei Technologies and the Institute of Business Management (IoBM), New Horizon on Wednesday hosted a landmark event. The objective...
