New action plan on e-commerce launched in Shanghai to benefit BRI countries
China Economic Net Beijing: “As a new business model, ‘Silk Road e-commerce’ provides global consumers with a wealth of goods...
Business
British Airways stops passenger flying after claiming ‘UK passports expire after nine years’
London: On Friday 4 November, Laura Savage arrived at London Heathrow Terminal 5 in good time to board her British...
EU Commission examines Italy’s tax case against Meta – sources
Milan: An Italian tax claim against Facebook parent Meta has been escalated to the EU Commission's VAT committee for evaluation,...
France becoming EU’s crypto hub?
Paris: France is becoming a favorite for crypto firms as Coinbase becomes the latest to obtain a visual asset service...
Swisscom weighs up snatching Vodafone Italy from rival Iliad
Rome: Swisscom is considering a bid for Vodafone's Italian business early next year, after Iliad made a bid for the...
Pakistan aims $ 25 billion exports to China
Islamabad: Federal Minister for Commerce and Industries Dr Ejaz Gohar has expressed his vision to elevate Pakistan's exports to China...
CPEC substantially transformed Pakistan’s socio-economic scenario: Solangi
Celina Ali Islamabad: Caretaker Federal Minister for Information, Broadcasting and Parliamentary Affairs Murtaza Solangi on Wednesday said the China-Pakistan Economic...
Pakistan rejoices first ever shipment of dried chillies to China, sets $ 20 billion export target for coming years
Islamabad: Pakistan rejoiced a significant breakthrough in agricultural exports to China, marked by the first ever shipment of dried chillies...
PCJCCI urges Pakistani govt to boost honey export with Chinese help
Islamabad: Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has urged the Pakistani government to seek Chinese help to...
UK tipped for speedier rate cut after surprise inflation fall
London: A surprise fall in inflation in November has raised hopes that the Bank of England will begin cutting interest...
UK rate cut speculation swells as inflation falls by more than anticipated to 2-year low of 3.9%
London: Inflation in the U.K. as measured by the consumer prices index eased back to its lowest level in more...
Cyber solidarity act: Member states agree common position to strengthen cyber security capacities in the EU
Brussels: To strengthen EU’s solidarity and capacities to detect, prepare for and respond to cybersecurity threats and incidents, member states’...
Pakistan, China signs MoUs for $ 10 billion Chinese investment
Islamabad: Pakistan and China have signed multiple Memoranda of Understanding (MoUs), amounting to US $10 billion Chinese investment spread across...
Pound Sterling advances amid improved market mood, UK Inflation in focus
London: The Pound Sterling (GBP) extends recovery ahead of the United Kingdom Consumer Price Index (CPI) for November, scheduled for...
Energy prices and security of supply: Council agrees to extend emergency measures
Brussels: The ministers on Tuesday reached a political agreement on extending the period of application of three emergency Council regulations...
EU sets critical mineral goals for green transition
Brussels: The EU has set targets to dig up, recycle and refine lithium, cobalt and other metals it needs for...
Belt and Road Pakistan Center launched to empower Pak-Changshu cooperation
China Economic Net Beijing: The Belt and Road (Pakistan) Center was officially launched in Changshu, China. A delegation led by...
Pak, China focus on B2B cooperation, investment, technology transfer: Ambassador Hashmi
Beijing: Pakistan Ambassador to China, Khalil ur Rahman said on Monday that engineering, construction, carbon neutrality, new energy, energy storage,...
UK to implement carbon levy on imported goods by 2027
London: Britain will implement a new carbon import levy on some products from 2027 to help to protect businesses against...
EU takes action against Elon Musk’s X over disinformation
Brussels: The European Union has formally announced it suspects X, previously known as Twitter, of breaching its rules in areas...
EU plans Feb 1 summit on budget, including Ukraine funding -EU’s Michel
Brussels: The European Union will hold an extraordinary summit on Feb. 1 in a bid to settle revisions to its...
EU anti-dumping probe expected to support TiO2 market
Brussels: “European clients are afraid of anti-dumping tariff in March and create the inventory in advance; it gave Chinese TiO2...
Ocrim expanding its production space in Italy
Cremona: In order to meet increasing demand, Ocrim is expanding its production capacity with acquisition of a 20,000-square-foot facility in...
Ambassador Andreas Ferrarese simplified visa process for Pakistani businesspersons during his term
Celina Ali Islamabad : Italy’s Ambassador to Pakistan Andreas Ferrarese simplified the visa process for the Pakistani businesspersons during his...
Commerce Minister’s visit to China declared highly successful by Pakistani govt
Islamabad: Pakistani Caretaker Federal Minister for Commerce Dr. Gohar Ejaz and his distinguished delegation’s just concluded visit to China, covering...
UK to lift energy bills
London: Ofgem, Britain’s energy regulator, is planning a one-off increase to its price cap on energy bills to reduce the...
Vaping grows fastest among UK groceries in 2023
London: Vaping products were the fastest growing category in UK grocery for the second year running in 2023, while sales...
Pakistan: Chinese investors to get special visa treatment
Gwadar Pro Islamabad: Pakistani government has decided to give special visa facility to investors from China. The Executive Committee of...
UK house prices to ‘fall up to 4%’ in 2024; business activity picks up in December – as it happened
London: Business output growth edged up to a six-month high in December, led by a faster recovery in the service...
This 41-year-old mom couldn’t afford to buy a house in Atlanta—so she bought one in Italy for $62,000
Rome: Stephanie Synclair was on her own “Eat, Pray, Love” journey in 2012 when she first visited the place that...
