With over 80% of exports to China, Pakistan grows to 5th position among major sesame exporting nations
Islamabad: With over 80% of exports to China, Pakistan has grown to 5th position among major sesame exporting nations, Pakistani...
Business
Chinese Veterinary bio-product manufacturing company to launch lab in Pakistan
Islamabad: Pakistan’s Board of Investment (BoI) and HiTide Biotechnology - a prominent Chinese company specializing in Veterinary bio-product manufacturing –discussed...
Ambassador Blome promotes trade, economic ties during Karachi visit
Karachi: US Ambassador to Pakistan Donald Blome underscored the United States’ unwavering commitment to Pakistan as a trade and economic...
UK factories cut production for 11th month in a row amid tensions in Red Sea
London: UK factories entered the new year cutting production and investment in a sign that rising tensions in the Red...
IMF sees significant improvement in Greece’s prospects
Athens: Greece’s economic outlook has improved notably, but significant challenges remain, the IMF said in a report released on Wednesday....
Cars sold as an ‘Italian jewel’ must be made in Italy, PM tells Stellantis
Rome: A car being sold as an "Italian jewel" needs to be made in Italy, Prime Minister Giorgia Meloni said,...
US, LUMS inaugurate jointly funded e-Mobility Research and Development Center
Abdullah Jan Lahore: Officials from the United States government and the Lahore University of Management Sciences (LUMS) inaugurated their new,...
Chinese delegation explores business opportunities in Lahore
China Economic Net Lahore: A Chinese delegation led by Vice President of the China Association of Small and Medium Commercial...
TikTok shares election integrity measures on platform ahead of General Election
Celina Ali Islamabad: TikTok on Tuesday shared its approach to upholding and protecting election integrity on its platform ahead of...
EU probes Lufthansa’s proposed buy of ITA stake
Brussels: The EU's powerful antitrust authority opened an in-depth investigation on Tuesday into German airline Lufthansa's proposed stake in Italy's...
UK homebuilders cut guidance, scrap dividend on slow recovery
London: UK-BASED homebuilders expect more headwinds this year despite an improving inflationary environment and stabilising interest rates, outlooks from Crest...
Italy looks to use G7 chair to boost support for Ukraine, scrutinise AI
Rome: Italy will use its presidency of the Group of Seven major democracies to challenge growing perceptions that Russia is...
UK voices frustration with Boxer manufacturers over supply chain delays
London: An official with the United Kingdom’s military procurement arm today criticized Boxer Mechanised Infantry Vehicle (MIV) manufacturers for “seemingly...
ArcelorMittal wants ‘amicable’ deal on Italy steelworks
Rome: ArcelorMittal has offered to sell its stake or become a minority shareholder in an Italian steelworks after Rome moved...
Huawei Technologies launches new HarmonyOS version
Beijing: Huawei Technologies Co unveiled a new version of its self-developed operating system HarmonyOS, as the Chinese tech company speeds...
China’s over 800m 5G users driving economic output
Celina Ali Islamabad: China now has over 800 million 5G users with 5G directly driving more economic output in China...
In 2023, electric cars outsold diesel cars in Europe
Brussels: According to statistics from the European Automobile Manufacturers’ Association, a total of 1,538,621 battery electric cars were registered in...
Italy sees Kazakhstan as key partner
Rome: Italy sees Kazakhstan as a key partner and intends to increase cooperation in various fields, Azernews reports, citing post...
Google to invest $1 billion in UK data centre
London: Google will invest $1 billion on building a data centre just outside of London, the U.S. technology giant said,...
iRobot shares tank 30% on report EU plans to block Amazon acquisition
Brussels: The Wall Street Journal reported the European Commission met with Amazon representatives on Thursday to discuss the deal and...
Roomba maker iRobot’s shares plunge on report Amazon deal faces EU block
Brussels: IRobot (IRBT.O), opens new tab shares slumped more than 30% in early trading on Friday after reports that the...
EU Commission seeks feedback on Apple offer to open up tap-and-go tech to rivals
Brussels: The European Commission is seeking feedback from rivals and customers on concessions Apple (AAPL.O), opens new tab offered to...
UK finance minister Hunt to quiz bank bosses on UK lending
London: Britain's finance minister Jeremy Hunt will meet the bosses of top British banks next Tuesday to seek reassurance they...
Italy plans to sell €2 billion Eni stake to reduce debt
Rome Italy’s government is planning the sale of up to 4% of Eni SpA after the oil company completes a...
Italy moves to put steelworks under supervision
Rome: The Italian government has launched the process of placing the struggling former Ilva steelworks under state supervision, seeking to...
Italy: The five challenges facing economy in 2024
Rome: Italy's financial matters are likely to remain one of the country's most important issues this year, with its public...
EU drafts plan to zero out industry’s carbon footprint by 2050
Brussels: The European Union has drafted plans to capture and store hundreds of millions of tons of CO2 emissions by...
Italy: Regulations on charities keep migrant rescue ships from the Mediterranean
Bari: The year has gotten off to a slow start for a rescue ship that typically plies the Mediterranean Sea...
UK pay growth slows as inflation pressure weakens
London: Pay growth in the UK slowed more than expected in November, in a sign that inflationary pressures have weakened...
Export of fruits and vegetables from Greece breaks all records
Athens: According to estimates from the Association of Greek enterprises trading in fruits, vegetables, and juices, the year 2023 set...
