UK’s Labour government raises taxes by 40bn pounds in first budget
London: British Chancellor of the Exchequer Rachel Reeves has told lawmakers that taxes will rise by 40 billion British pounds...
Business
Europe imposes higher tariffs on electric vehicles made in China
Brussels: Consumers in Europe may face higher prices for electric vehicles made in China after tariffs on the cars came...
Italy and Libya sign slew of cooperation deals
Rome: Libya and Italy signed several agreements on Tuesday covering sectors including development, investments and infrastructure, aiming to boost cooperation...
Maritime Minister lauds China’s economic model, strengthens bilateral ties
Abdullah Jan Islamabad: Federal Minister for Maritime Affairs, Qaiser Ahmad Sheikh, on Tuesday emphasized China’s economic model as a global...
Chinese-Pakistani companies participate in B2B Investment Meeting on Fisheries in Qingdao
Beijing: As many as 45 Chinese and 28 Pakistani companies participated in the first Pakistan-China B2B Investment Meeting on Fisheries...
France, Morocco sign deals worth over €10 billion during Macron visit
Paris: France and Morocco reached agreements totalling "up to ten billion euros", sources with direct knowledge to the matter said,...
Bulgaria’s Alcomet widens 9-mo non-cons net loss
Sofia: Bulgarian aluminium products manufacturer Alcomet said on Tuesday that its standalone net loss deepened to 4.27 million levs ($2.36...
Pakistani Pavilion at 31st Yangling Agricultural High-Tech Fair attracts visitors
Beijing: As this year’s guest country, Pakistan’s pavilion has captivated countless consumers and visitors at the 31st China Yangling Agricultural...
Portugal needs more wind capacity to replace rising Spanish electricity imports
Lisbon: Portugal achieved a major milestone in its energy transition by phasing out coal in 2021. It now plans to...
Bulgaria’s TPP Maritsa 3 deepens 9-mo non-cons net loss
Sofia: Bulgarian thermal power plant (TPP) Maritsa 3 said on Monday that its standalone net loss in the nine months...
Italy to cut automotive industry support by around $5 billion
Rome: Prime Minister Giorgia Meloni plans to cut by some 4.6 billion euros ($5 billion) the funds set aside to...
6th Zhengzhou Seed Expo Opens, Pioneering a New Chapter in the Vegetable Industry
Zhengzhou:The 6th Zhengzhou Seed Expo and the 9th Central China International Seed Technology Exhibition kicked off on October 26 in...
China’s 2nd intl supply chain expo expects 20% more exhibitors
The second China International Supply Chain Expo (CISCE) will take place in Beijing from November 26 to 30, announced the...
How UK Couple’s Fight Against Google Cost The Tech Giant 2 Billion PoundsShivaun and Adam Raff, founders of Foundem, launched their business in 2006.
A UK couple has won a 15-year-long legal battle against Google, with the tech giant facing a record 2.4 billion...
China’s longest continuous swivel road bridge over railway rotated in place
The last beam of China's longest continuous swivel road bridge over a railway was successfully rotated into position in Hefei...
EU wheat drops to one-month low
Euronext wheat slid to a one-month low on Friday as signs that Russian wheat remained competitive overseas, despite government steps...
Italy’s Eni and BP resume onshore drilling in Libya after 10-year hiatus, NOC says
Italian energy company Eni and British oil giant BP (NYSE:BP) have resumed exploration in Libya after onshore drilling was halted...
Italy intends to negotiate up to 30 M-346 light fighters for Brazil
The Prime Minister of Italy, Giorgia Meloni, and the President of Brazil, Luiz Inácio Lula da Silva, will discuss a...
Govt expedites payments to China
Pakistan promises to fully clear invoices for power projects since FY24 Islamabad: Pakistan has reduced payables for Chinese energy projects...
Pakistan, China firms sign deals worth $40m
Agree to cooperate in textile sector at TEXPO exhibition Karachi: Chinese firm Hunan Dongxin Textiles Ltd and Pakistani company Keywin...
Belgian companies participate in 5th TEXPO in Karachi
Celina Ali Islamabad: The 5th International Textile and Leather Exhibition (TEXPO) in Karachi has seen robust participation from Belgian companies,...
ComfortDelGro hires black cab provider for $461 million
Singapore: Transport operator ComfortDelGro is acquiring Addison Lee, a premium private hire, courier and black taxi provider in the United...
French government considers forcing through budget bill after tax on rich vote
Paris: France's minority right wing government suffered a major blow when left wing and centrist deputies united to make a...
Bulgaria’s Odessos Shiprepair Yard boosts 9-mo net profit 16% y/y
Sofia: Bulgaria's Odessos Shiprepair Yard said on Wednesday that its net profit grew to 16.5 million levs ($9.1 million/8.4 million...
Italy’s banking lobby chief sees rising competition for term deposits
Florence: The head of Italian banking association ABI said on Wednesday banks would have to compete harder to secure medium-...
Why global giants are betting on Italy for data centres
Rome: Italy is becoming a key data centre hub, with €30 billion in investments and government plans to tackle energy...
Minister visit a boost for Sino-UK ties
On Friday, Lammy had meetings with Chinese Vice-Premier Ding Xuexiang and Foreign Minister Wang Yi. During these meetings, both sides...
Deloitte has cut about 250 employees
Deloitte has cut about 250 employees in the UK who were deemed to be underperforming, marking at least the third...
China’s central bank conducts first swap facility transaction
The People's Bank of China, the country's central bank, has launched the first operation of a new swap facility aimed...
UK economic forecast boosted by IMF
The International Monetary Fund (IMF) has upgraded its projection for UK growth this year by 0.4% to 1.1% - the...
