EU new car sales rise 12% y/y in January: ACEA
Brussels: New car sales in the European Union rose 12.1% year-on-year in January, helped by double-digit growth in Germany and...
Business
Italy: Telis Energy expands with 100MWp hybrid project pipeline
Rome: Renewable energy company Telis Energy has launched a subsidiary in Italy, aiming to build 3GW of hybrid renewable projects...
Greece’s first FSRU receives commissioning LNG cargo
Athens: After arriving in Greece, the Alexandroupolis FSRU anchored through a spread 12-point mooring system. It will be connected to...
UK property prices show first annual rise since August: Rightmove
London: Property website Rightmove said on Monday that asking prices for homes rose 0.1 per cent in February compared a...
Italy: Piracy Shield live but needs refining
Rome: Piracy Shield, a new system designed to combat online piracy in Italy, became operational earlier this month and has...
China dominates global new energy car sales
Beijing: The sales of new energy passenger cars in China accounted for nearly two-thirds of the world's total last year,...
Macquarie plans to cut stake in UK gas network operator
London: Macquarie Group has joined US-based Federated Hermes to look to collectively sell stakes in UK’s gas network operator Cadent...
Zong, Batik sign agreement encompassing GSM Connectivity
Islamabad: Chinese giant Zong 4G and Batik has signed a formal agreement encompassing GSM Connectivity, Attendance Management Solutions, and Push...
Pakistan expects bumper yield of cotton crops this year with China’s help: Official
Faisalabad: Pakistan is expecting a bumper yield of cotton crops this year with the help of China, a senior official...
Pakistan committed to movement of people, goods across Pak-Afghan border: FO
Celina Ali Islamabad: Pakistan remained committed to facilitating fully regulated movement of people and goods across the Pakistan-Afghanistan border based...
EU ‘absolutely willing’ to use trade tools against China to fight unfair practices as bloc launches train probe
Munich: The European Union is “absolutely willing to use” its suite of trade tools to combat perceived unfair competition from...
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...
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...
