EBRD, Italy lend €200 million to Ukraine’s hydropower entity
Rome: The European Bank for Reconstruction and Development (EBRD) has signed a €200 million loan package to Ukraine’s main hydropower...
Business
PCJCCI proposes enhanced cooperation between Pakistan and China to grow improved mulberry varieties
Lahore: Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) President Moazzam Ghurki said on Thursday afternoon proposed enhanced cooperation between...
Pakistan’s sesame export to China surpasses $290 million mark in 2023
Beijing: Pakistan’s export of sesame seeds to China registered a growth of 126.29 percent on a year-on-year basis surpassing $290...
UK universities ramp up pressure on banks to cease financing of fossil fuels
London: Sixty UK universities and trusts, including Oxford and Cambridge, are the latest groups to add their call for banks...
Belgian PM backs EU bonds to boost defence spending
Brussels: Joint European Union borrowing could help fund higher defence spending but governments would still have to make tough political...
Italy: Public debt hits 2.86 tln euros in 2023
Rome: Italy's public debt reached 2.86 trillion euros (US$3.08 trillion) at the end of 2023, an increase of 105 billion...
Italy: Small investor push to slacken when ECB rate cuts start
Milan: Elisabetta Trevisan, a 50-year-old teacher from Venice, plans to use interest payments from an Italian bond for small savers...
FPCCI, KhCCI aim to boost trilateral trade between Pakistan, Afghanistan, China
Peshawar: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Khyber Chamber of Commerce and Industry (KhCCI) on...
UK economy falls into recession, adding to Sunak’s election challenge
London: Britain's economy fell into a recession in the second half of 2023, a tough backdrop ahead of this year's...
UK government expects bidders to return to offshore wind auction
Oslo: Britain has learned the lessons of last year's failed offshore wind auction and expects bidders will make a comeback...
Greece shortlists 1.5 GW of projects in 2nd BESS tender
Athens: Greece’s Regulatory Authority (RAE) has selected 48 projects with a combined capacity of over 1.5 GW as provisional winners...
EU cuts growth and inflation forecasts for 2024
Brussels: The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024, as it...
EU cuts growth and inflation forecasts for 2024
Brussels: The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024, as it...
Italy: Africa investment plan gets cool reception
Rome: Italian Prime Minister Giorgia Meloni unveiled a package of investment proposals covering multiple African countries during a summit with...
China’s green loan registers notable expansion in 2023
Beijing: The balance of China's green loans in local and foreign currencies stood at 30.08 trillion yuan (about 4.23 trillion...
UK Financial Watchdog issued 450 alerts on illegal crypto promotions in last three months of 2023
London: The U.K. financial regulator said it issued 450 consumer alerts in the last three months of 2023 against firms...
UK house prices post first rise in four months
London: UK house prices rose for the first time in four months at the end of 2023, according to official...
Most influencers fail to admit to advertising, EU study shows
Paris: Four out of five influencers on social media fail to disclose commercial content they post is advertising as required...
Italy to put €1.7 billion behind 1GW of agrivoltaics projects
Rome: The Italian Ministry of the Environment and Energy Security (MASE) has issued a decree to pave the way to...
Italy: Milan-based Guidoio picks up €700k pre-seed to digitize driving school industry
Milan: Guidoio, a platform digitizing the driving school experience in Italy, announced its successful €700k pre-seed fundraising round led by...
China’s rail-sea intermodal train trips up 87.7 pct in January
Nanning: The number of trips made by China's rail-sea intermodal trains on the New International Land-Sea Trade Corridor saw robust...
China had 3,608 listed manufacturing companies by the end of 2023
Beijing: There were 3,608 manufacturing companies listed on China's domestic stock market by the end of 2023, according to the...
UK unemployment dips to 3.8% at end of 2023
London: Britain’s unemployment rate dipped in the final quarter of last year, but wages growth eased as the country’s inflation...
Serbia expects LNG deliveries from Greece to start soon
Athens: The completion of a gas interconnector with Bulgaria late last year provided Serbia with a link to natural gas...
Maritime safety: Council and Parliament strike a deal for more efficient accident investigations in maritime transport
Brussels: To ensure safer maritime journeys in Europe, the Council presidency and European Parliament’s negotiators reached a provisional agreement to...
Copper edges lower; China closed for New Year
New Delhi: Copper prices dropped slightly on Monday on reduced demand from China, the top consumer, which was closed for...
China’s deepest oil well set to break through 10,000-meter depth mark
Beijing: China's first scientific exploration well with a depth of over 10,000 meters in northwest China's Xinjiang Uygur Autonomous Region...
UK and EU science chiefs urge British researchers and businesses work together with European colleagues
London: European Commissioner for Research Iliana Ivanova joins UK Science and Technology Secretary Donelan in London to make joint commitment...
EU pizza prices: How much did pizza costs increase?
Brussels: EU pizza prices show a moderate increase in 2023, according to a new Eurostat report. The price of dishes...
Italy takes command of Red Sea mission, looks to bolster sea security
Rome: Rome assumed command of Operation Atalanta. On Monday, through an official ceremony, Italian Rear Admiral Francesco Saladino took over...
