Danish EU commissioner pulls out of the race for the top job at the European Investment Bank
Copenhagen: The European Union’s powerful antitrust chief has withdrawn as a candidate for the presidency of the European Investment Bank,...
Business
Italy plays down talk of selling part of Poste Italiane
Milan: The Italian Treasury is not working to cut its stake in postal service Poste Italiane (PST.MI), a ministry spokesperson...
Italy to train Sweden’s fighter pilots
Rome: Fighter pilots from Sweden will begin flight training in Italy as soon as next month under a new agreement...
Transport Secretary announces further measures to improve transport connectivity across the UK
London: Work on road improvements and rail upgrades will boost business and improve connectivity across the UK, Transport Secretary Mark...
EU driving licence: Parliament displays leadership in driver shortage fight
Brussels: The European Parliament’s Transport and Tourism Committee (TRAN) adopted Thursday its position on the EU Driving Licence Directive, constituting...
The New Silk Road: What is it and why has Italy abandoned the project with China?
Rome: Italy has quit the Belt and Road Initiative (BRI), also known as the New Silk Road, a project launched...
Hashoo Group embarks on strategic partnership with Highland Country Club & Resort
Islamabad: Hashoo Group, a leading name in Pakistan’s hospitality industry renowned for its exceptional service standards and unmatched quality, has...
EU approves ban on destruction of unsold clothing
Brussels: The EU has approved a ban on the destruction of unsold clothing. New rules will also ensure products are...
UK coping with higher rates for now but risks lie ahead – BoE
London: British businesses and households are coping with the climb in interest rates so far but the process of adjustment...
EU to delay tariffs on UK electric cars until 2027
Brussels: Tariffs on electric vehicles traded between the UK and EU will be delayed for three years, the European Commission...
Belt and Road: Italy pulls out of flagship Chinese project
Rome: Prime Minister Giorgia Meloni's administration notified Beijing that it would cease participating in the BRI ahead of a deadline...
Italy: Ruling parties kill minimum wage bill
Rome: Italy's governing right-wing parties on Wednesday scuppered an attempt by the opposition to introduce a minimum wage, which would...
EU ports fret they will lose business because of CO2 tax
Brussels: AS OFTEN happens when bureaucracies impose their ideas on industries without really understanding the implications, an interesting situation is...
Italy won’t back EU budget rules it cannot meet, asserts finance minister
Rome: Italy will not accept new European Union budget rules it cannot meet, Economy Minister Giancarlo Giorgetti said, as talks...
Central banks of Italy, Korea to collaborate on CBDC
Rome: The Bank of Italy and the Bank of Korea Tuesday announced a memorandum of understanding to share knowledge on...
CPEC journey to move forward; detractors to lose relevance very soon: PM
Liaquat Ali Gwadar: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Monday urged the people of Balochistan, particularly, the youth to avail...
China’s committed to support Pakistan’s agricultural sector with high-quality disease-resistant hybrid seeds: Liu Jianming
Lahore: Liu Jianming, the Deputy Party Secretary and Deputy Political Commissar of Xinjiang Production and Construction Corps, affirmed China's commitment...
UK needs new plan to reverse hit to living standards, researchers say
London: Britain needs a new economic strategy to reverse 15 years of falling living standards and worsening inequality, a leading...
UK: Hunt says he hopes to reverse public investment freeze
London: British finance minister Jeremy Hunt said on Monday that he hoped in future to reverse the decline in public...
EU auditors warn about worsening competition in public procurement
Brussels: Competition in public procurement across the 27 European Union countries worsened over the last decade, the European Court of...
World’s first ‘Supply China expo’ concludes in Beijing
Beijing: The first China International Supply Chain Expo (CISCE) concluded in Beijing. Themed “Connecting the World for a Shared Future,”...
Italy Ambassador of Italy Andreas Ferrarese hosts fashion show ahead of completing term
Celina Ali Islamabad: The Italian embassy in Islamabad hosted a grand Fashion Show at its under-construction new embassy, creating a...
TikTok asks EU court to suspend EU gatekeeper label until its ruling
Brussels: Chinese conglomerate ByteDance's TikTok has asked Europe's second highest court to suspend its designation as a gatekeeper under onerous...
Pakistan’s exports to China up by 40.36%
Gwadar Pro Islamabad: Pakistan's exports to China went up by 40.36% in the last four months, State Bank of Pakistan...
Age UK calls for ‘lifeline’ rural Somerset buses to return
London: Age UK, which campaigns on issues like poverty and loneliness, said: "The current system is at risk of further...
UK govt steps in to stop Telegraph deal
London: Britain’s media minister said she would intervene in the acquisition of the Telegraph Media Group by Abu Dhabi-backed RedBird...
Tech companies to sign agreement with UK government to tackle online fraud
London: Eleven of the world's biggest tech companies, including Amazon.com (AMZN.O), Alphabet's (GOOGL.O) Google and Microsoft (MSFT.O), will sign an...
PIA accounts frozen amid safety review by EU
Rawalpindi: The accounts of Pakistan International Airlines were frozen by the Federal Board of Revenue on Wednesday at a time...
Chinese Consul General, Sindh Governor inaugurate three-day PropTech Convention & BuildAsia Expo
Karachi: Consul General of China in Karachi Yang Yundong performed the inauguration of three-day PropTech Convention & BuildAsia Expo, an...
UK shoppers ‘overcharged’ for branded goods including baby formula, baked beans
London: Suppliers of branded goods including baked beans and pet food have pushed up prices by more than their costs....
