UK’s weak economy is taking a toll on its labour market
London: By historic standards Britain’s current recession is a mild one, but even so weak activity is starting to take...
Business
Italy, Kazakhstan review creation of joint brand
Astana: Kazakh Minister of Trade and Integration Arman Shakkaliyev proposed the development of a unified concept titled “Made in Kazakhstan...
Boosting rural prosperity with sci-tech
Anhui explores unique ways to help farms prosper Zhou Guangqi, a denizen of a mountainous region in East China's Anhui...
Italy: Partial Privatisations Would Reduce Debt-to-GDP Only at the Margin; Deeper Reforms Required
Italy’s public debt of around 137% of GDP is unlikely to decline despite expected primary surpluses from 2025 and planned...
China’s bridge construction willing to build infrastructure projects in Pakistan: Gao Zongyu
Beijing: China’s renowned bridge construction has cooperation with many Belt and Road countries and hope to come to Pakistan to...
First Pakistani design studio opened in London’s luxury district
Celina Ali Islamabad: Mohsin Naveed Ranjha, a celebrated Pakistani fashion designer, has carved his name in history by becoming the...
DBRS affirms investment grade rating for Greece
Athens: The Canadian house DBRS kept the assessment and outlook of the Greek economy unchanged in its latest report. Specifically,...
Italy to stop sending speed camera photos over privacy
Rome: Italy plans to stop sending out speed camera photos out of privacy concerns, the Italian Transport Ministry said. The...
The €136bn price tag on Ukraine’s path to joining the EU
Ukraine's aspirations for EU membership face a daunting economic reality. New research puts the cost of the country joining the...
Australia gives $42m to ASEAN countries for ‘free, open’ South China Sea
Funds come after Philippine president told Australian parliament he would ‘not yield’ a ‘square inch’ in the South China Sea....
More air routes using homegrown aircraft C919
The third regular flight route conducted by China's first self-developed narrow-body aircraft C919 was launched on Friday between Shanghai Hongqiao...
Unveiling the potential of China-Pakistan collaboration in software industry
China Economic Net Shenzhen: China Pakistan Software Corporation Conference was successfully held in Guangzhou China. The participants highlighted the significance...
Italy privacy watchdog fines Unicredit $3.1 million for data breach
Milan: Italy's data protection authority has fined UniCredit (CRDI.MI), opens new tab, the country's second-largest bank, 2.8 million euros ($3.1...
Italy: CPP Investments to invest in digital infrastructure network
Toronto: Canada Pension Plan Investment Board (CPP Investments), has entered into an agreement to join the Optics BidCo investor group,...
PCJCCI signs MoU with UHE to promote women entrepreneurship
Lahore: Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has signed a Memorandum of Understanding (MoU) with the University of...
UK is overhauling its preferential tax treatment for wealthy foreigners
London: The UK is overhauling its system of preferential tax treatment for wealthy foreigners, creating revenue for the government to...
Greece’s Eurobank sees rising profit by 2026 on growing foreign business
Athens: Eurobank Holdings (EURBr.AT), opens new tab, Greece's biggest lender, on Thursday posted strong operating profit for 2023 and said...
Italy greenlights Red Sea mission: A strategic response to protect European commerce
Rome The Italian Parliament approved three new major international missions: Levante, Eunavfor Aspides and Euam Ukraine. The approval of these...
Italy to hire 12,000 workers from Tunisia by 2027
Rome: Rome and Tunis have pledged to work together to bring thousands of Tunisian laborers to Italy. Rome and Tunis...
Empowering Luban Workshop staff to benefit BRI countries
Beijing: Zhang Shuibo, Dean of the School of International Project Management at Tianjin University and NPC deputy, emphasized the need...
UK budget springs few surprises on markets
London: Britain's economy is forecast to grow by 0.8% this year after entering a recession in the second half of...
Italy: Power users pay the price for high reliance on natural gas
Rome: Italy's power costs have climbed further above some key rival economies so far in 2024, with wholesale prices last...
China’s ceramics, art exhibitions attract domestic, international professionals, tourists
Beijing: Ceramic vases, ceramic kettles, and ceramic figurines… in Jingdezhen, the “Ceramic Capital” located in Jiangxi Province, southern China, ubiquitous...
UK new car sales reach highest February figure in 20 years
London: New car sales in the UK surged to the highest February figure in 20 years, boosted by companies buying...
UK watchdog gives firms six months to get anti-moneylaundering ‘basics’ right
London: Britain's financial watchdog said on Tuesday that lenders, money brokers and leasing companies were "not getting the basics right"...
Italy: Service sector gains momentum in February, PMI survey shows
Rome: Italy's services sector grew for a second month running in February and at its fastest rate since June last...
Renewables cover 88% of Portugal’s power demand in Feb
Lisbon: National grid operator Redes Energeticas Nacionais (REN) said today that renewable energy plants in Portugal covered 88% of the...
EU slaps Apple with €1.8 billion fine for music streaming restrictions
Brussels: The EU on Monday hit Apple with a 1.8 billion-euro-fine ($1.9 billion) for violating the bloc's laws by preventing...
Italy imported 7.2 million tons of steel from third countries in 2023
Rome: In 2023, Italy reduced imports of rolled steel products from third countries by 3.8% compared to 2022, to 7.17...
Italy seeks swift EU antitrust ruling on ITA-Lufthansa, minister says
Ortucchio: Italy expects the European Commission to reach a quick decision in favour of Lufthansa's (LHAG.DE), opens new tab bid...
