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...
Business
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...
Italy: Top fashion school to expand presence in nation
Rome: Italy's top fashion school, Istituto Marangoni, recently expanded its presence in China by doubling the size of its campus...
Italy: Top court to decide if $3.8 bilion energy windfall tax is lawful
Rome: Italy's constitutional court must decide whether a 2023 windfall tax on energy firms is lawful, an administrative tribunal ruled...
China, Pakistan to forge strong software cooperation
Beijing: The 21st China International Software Corporation Conference was successfully held in Chengdu, China. The Cooperation Negotiation on Standardization and...
Greece hydrogen value chain gets $138m boost
Athens: Greece’s Vardinoyiannis Group-backed Motor Oil and the European Commission have signed the EU Innovation Fund Grant Agreement of €127m...
EU eastern members demand import duties on Ukraine grains
Budapest: The European Union's eastern states are demanding the EU impose import duties on Ukraine grains, citing unfair competition, Hungary's...
Italy, Sigep 2024, the future of “dolce” worldwide
Rimini: From 20-24 January at Rimini Expo Centre, innovative ideas in the industry will take the stage at Sigep 2024...
China’s top economic planner launches new major foreign investment projects, plans to invest over $15 billion
Beijing: The National Development and Reform Commission (NDRC), China’s top economic planner, has launched its seventh batch of major foreign...
SCO TEMP initiates trial run for recycled aluminum project in China’s Chongqing and Pakistan
Islamabad: The Trade and Economic Multifunctional Platform for SCO Countries (SCO TEMP) aluminum working committee has initiated a trial run...
Traditional Chinese Hanfu designs debut in Malta
Valletta: Enthusiasts of Chinese culture in Malta can now immerse themselves in the secrets of Hanfu costumes, a style of...
EY offers 25% bonus for UK consulting staff to take time off
London: EY is set to pay some of its UK consultants to take time away from the business, the latest...
Italy: doValue hikes nine-month loss after Spanish non-cash hits
Milan: Italian bad loan manager doValue (DOVA.MI) said its net loss in the first nine months was of 25.7 million...
UK: Foreign Affairs Committee launches inquiry into multilaterals
London: The Foreign Affairs Committee on Friday launches its inquiry into International Relations within the Multilateral System. The inquiry will...
Sterling holds near 5-month high as UK growth beats expectations
London: Sterling was little changed on Friday, not far off its highest level in five months, after data showed British...
France melts down millions of coins because EU says its stars don’t look right
Paris: France has undergone a significant coin recall, reminting 27 million coins, as it failed to seek European Union (EU)...
Italy: NGO MEDU denounces harsh conditions for laborers in Gioia Tauro
Rome: Medici per i Diritti Umani (Doctors for Human Rights - MEDU), an Italian NGO, has denounced the deplorable conditions...
PCJCCI chief urges Pakistani govt to learn poverty reduction techniques from China
Gwadar Pro Lahore: Pakistan-China Joint Chambers of Commerce and Industry (PCJCCI) have urged the Pakistani government to learn poverty reduction...
AGSM AIM invests on geothermal project in Verona, Italy
Rome: The AGSM AIM Group has announced investment on a geothermal project that aims to supply clean, renewable heat to...
UK’s HS2 rail costs rise again by up to £10 billion
London: Britain’s HS2 high-speed rail project linking London with Birmingham in central England could cost the government up to £10...
UK to exonerate and compensate wrongly convicted Post Office staff
London: The UK government announced Wednesday it will unilaterally quash the wrongful theft convictions of hundreds of self-employed Post Office...
