Europe fines Portugal €2.8 million
Lisbon: The Court of Justice of the European Union (CJEU) has ordered Portugal to pay a fixed amount of 2.8...
Business
PFC delegation to participate in five-day 135th Canton Fair China
Gwadar Pro Lahore: A delegation of Pakistan Furniture Council (PFC) will participate in the five-day 135th Canton Fair China, commencing...
Greece is ready to apply for fourth tranche from RRF
Athens: Greece is among the leaders as regards the implementation of the national Recovery and Resilience Plan and one of...
Ambassador Marilina Armellin appreciates progress on Olive Culture Project
Celina Ali The 4th Steering Committee meeting for the "OliveCulture - Holistic and Multiprofessional Mechanism for a Pakistani Olive Oil...
The rewilding project bringing back an ancient breed of cattle to Portugal
Lisbon: The tauros, a specially bred version of the long-extinct auroch cattle, is being introduced to Portugal's Côa Valley. On...
EU agrees $5.5 billion package to fund arms for Ukraine
Brussels: EU member states have agreed to add five billion euros ($5.5 billion) to a central fund to pay for...
UK economy is climbing again – but the road ahead looks rocky
London: Britain’s economy is on the road to recovery. After a dismal end to last year as soaring living costs...
Italy’s Ambassador Marilina Armellin participates in ‘Olive Culture’ project steering committee meeting
Celina Ali Islamabad: The fourth steering committee meeting of the ongoing project "OliveCulture," supported by the Italian government, took place...
Italy regulator fines TikTok $11 million over content checks
Rome: Italy's competition watchdog has fined three units of social media giant TikTok 10 million euros ($10.94 million) in total...
Italy says global minimum tax on multinationals set to fail
Rome: Italy’s Economy Minister Giancarlo Giorgetti has said he fears that a plan for a global minimum tax on multinationals...
EU parliament approves new sanctions laws that also apply to crypto
Brussels: The European Parliament approved a new batch of rules to crack down on sanctions violations, including through crypto. Parliamentarians...
Italy drops plans for $5.2 billion tariff to cover gas storage costs
Rome: Italy's energy authority said it had shelved plans for a tariff to cover the cost of keeping gas stockpiles...
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...
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...
