China’s outbound investment rises steadily in 2023
Beijing: China's outbound investment rose steadily last year, according to the Ministry of Commerce. China's non-financial outbound direct investment (ODI)...
Business
Labour considers ban on sale of energy drinks to children
Labour is considering a ban on the sale of energy drinks to children if it wins power in the general...
Fujitsu won £1.4bn in new government contracts after court ruling on Post Office software bugs
The Japanese technology company Fujitsu, whose flawed technology for the Post Office led to the wrongful prosecution of hundreds of...
China’s central bank to further optimize financial services
Beijing: China's central bank has pledged efforts to optimize financial services this year, revealing its plans in a report on...
UK: PM Sunak paid more than 500,000 pounds in tax last year
London: British Prime Minister Rishi Sunak paid 508,000 pounds ($641,000) in tax in the last financial year after income from...
TikTok loses court fight to suspend EU gatekeeper status
Brussels : ByteDance's TikTok has lost its bid to suspend its designation as a gatekeeper, which makes it subject to...
Balochistan launches large scale solar project under CPEC
Beijing: The Balochistan government, with the support of Chinese government, has completed the solarization of 12 educational institutions, computer laboratories...
OECD household income down 0.2%, but up 1.4% in Italy Q3
Rome: Median real household income across the Organization for Economic Cooperation and Development fell 0.2% in the third quarter of...
Italy: Monte Paschi Bank restarts dividends after 13 years
Rome: Italian bank Monte dei Paschi di Siena reported Wednesday a net profit of 2.05 billion euros for 2023, and...
Pakistan, Henan to further promote trade, investment cooperation
Beijing: Pakistan Ambassador to China, Khalil Hashmi and Deputy Mayor of Pingdingshan city in China’s Henan province have agreed to...
‘Symbol of polarisation’: EU scraps plans to halve use of pesticides
Brussels: The European Commission is shelving plans to cut pesticide use in agriculture as farmers around Europe continue protests demanding...
EU recommends ambitious 2040 climate target, goes light on farming
Strasbourg: The European Commission recommended on Tuesday that the EU slash net greenhouse gas emissions by 90% by 2040, an...
Japan to enhance defense and economic ties with Italy
Rome: The leaders of Japan and Italy announced their intention to strengthen cooperation in security and defense, including advancing their...
Green light for Italy’s €1.3 billion, 1 GW submarine power line
Rome: Italy’s Ministry of Environment and Energy Security has given its approval for the Adriatic Link submarine power line, set...
UK jobless rate in late-2023 much lower than earlier estimates
London: Britain’s unemployment rate was much lower late last year than previously thought, the Office for National Statistics (ONS) said...
Digital commerce: A growth opportunity for Greece
Athens: Greek businesses are less productive than their EU peers. Greece’s gap in productivity with Europe is much wider among...
No new import bans in next EU Russia sanctions package
Brussels: The European Commission will not add any new import bans in its next package of sanctions on Russia, EU...
Int’l brands embrace Chinese market by tapping into “Year of the Dragon”
Haikou: As the Chinese Lunar New Year, or the Spring Festival, approaches, numerous international brands have tapped into Chinese zodiac...
Green Pakistan Million Acre Smart Farm project incorporates cutting-edge equipment, innovative techniques, and intelligent water management systems: Fu Shuai
Islamabad Fu Shuai, Vice General Manager of Dayu Irrigation International Department, excitedly spoke about the Green Pakistan Million Acre Smart...
Chinese automakers expand presence at Stockholm’s eCarExpo
Stockholm: The eCarExpo 2024 opened on Friday, with a strong presence of Chinese electric cars. MG Cyberster, a sporty roadster...
UK bonds pare worst start to year as rate-cut hopes run high
London: UK Government bonds posted their first weekly advance in over a month, emboldening strategists and investors who say a...
China’s internet sector sees steady growth in 2023
Islamabad:China’s internet sector registered steady growth in business revenue and profits last year, according to data from the China’s Ministry...
€100 million green hydrogen refuelling station coming to Italy
Rome: NatPower H, a company of the NatPower group, has announced a €100 million ($108 million) green hydrogen refuelling infrastructure...
UK public’s long-run inflation expectations rise to 9-month high
London: The British public's expectations for inflation increased in January, potentially because of worries about disruption to shipping in the...
Quarter of UK schemes yet to start General Code preparations
London: A quarter of UK pension schemes have not yet completed a gap analysis of the General Code requirements or...
Pakistan exports to China jump significantly
Gwadar Pro Islamabad: Pakistan’s export of goods and services to China witnessed an increase of 40.01 per cent during the...
Chinese Ambassador appreciates PAF’s steadfast determination
Gwadar Pro Islamabad: Ambassador of the People’s Republic of China to Pakistan Jiang Zaidong, called on Chief of the Air...
UK awards 24 new oil and gas licences
London: The UK’s North Sea Transition Authority (NSTA) has awarded 24 licences as part of the second tranche of the...
The Irish are choosing Greece for their holidays
Athens: The interest of Irish tourists in visiting areas with sun, sea, culture, good food and entertainment was established during...
Italy: Red Sea disruption threatens economic stability, says Minister
Rome: Ongoing disruption in the Red Sea threatens to destabilise Italy's economy and marginalise ports in southern Europe, Italy's defence...
