UK trader loses bid to block $1.8 bln cum-ex tax fraud case in London
London: British hedge fund trader Sanjay Shah has lost a final bid to block Denmark's tax authority from pursuing him...
Business
Pakistan’s exports to China increased by 26.42% in three months: SBP
Islamabad: State Bank of Pakistan (SBP) has announced that during the first three months of the current fiscal year (2023-24),...
£4 billion UK-Poland air defence deal strengthens European security
London: The UK and Poland defence industries have today signed a milestone deal, worth over £4 billion, to continue the...
EU to edge towards deal on new fiscal rules; big differences remain
Brussels: European Union finance ministers will edge closer on Thursday to a deal on new fiscal rules for the 27-nation...
Italy to seize $835m from Airbnb in tax evasion inquiry
Rome: An Italian judge has ordered the seizure of €779.5m ($835.5m; £676.8m) from short-term rental giant Airbnb, over alleged tax...
Ambassador Andreas Ferrarese announces opening of Italian Trade Agency office in Islamabad
Celina Ali Islamabad: Italy’s Ambassador to Pakistan, Andreas Ferrarese, on Tuesday announced the inauguration of the Italian Trade Agency (ITA)...
PSO initiates discussions with Chinese organisations to explore mega investment plan
Islamabad: Pakistan State Oil (PSO) has initiated discussions with the Bank of China and Chinese Sinopec company to explore the...
UK Biosecurity and innovation boosted with new funding award
London: UK technical capability to protect plant health and biosecurity in the UK is set to be boosted from today...
EU probes AliExpress to examine curbs on illegal products
Brussels: The European Commission said it had sent a formal request for information to AliExpress, owned by Alibaba, in what...
Italy: EIB, Intesa Sanpaolo formalize €100m loan for green transition
Rome: The European Investment Bank (EIB) and Intesa Sanpaolo have solidified a €100 million loan agreement aimed at expediting the...
China-LAC economic partnership thrives with expanding cooperation
Beijing: China and Latin American countries are embracing new cooperation opportunities as economic and trade relations develop vibrantly in sectors...
China stresses high-quality development of rare earth industry
Beijing: China's State Council stressed high-quality development of the rare earth industry at an executive meeting chaired by Premier Li...
Italy: Olive growers lament poor harvests from extreme weather
Rome: At this time of year, the trees on Alan Risolo's land in central Italy should be groaning with olives....
Li Qiang to attend sixth China International Import Expo in Shanghai
Beijing: Chinese Premier Li Qiang will attend the opening ceremony of the sixth China International Import Expo (CIIE) and the...
Approval of RMB in trade with Chinese companies lauded
Gwadar Pro Islamabad: The Pakistan Business Forum (PBF) has expressed its appreciation for the approval of the Chinese yuan (RMB)...
Pakistani restaurant gains popularity in Harbin, China
Beijing: Nestled in an inconspicuous street in Harbin, capital of northeast China’s Heilongjiang Province, Pakistani restaurant Man-O-Salwa has gained popularity...
China second topmost export destination of Pakistani products
Islamabad: China remained the second topmost export destination of Pakistani products during the first three months of the current financial...
Bank warns of zero growth until 2025 as rates held
London: The UK economy is likely to see zero growth until 2025, while interest rates remain high for longer, the...
UK calls on business expertise to boost trade with Turkey
London: The UK has Thursday launched a ‘Call for Input’ seeking views from businesses and the wider public on UK...
Italy seeks restaurant bill discounts for large families
Rome: Italy's industry minister intends to negotiate with restaurant owners' associations steps to control prices and favour consumption by large...
Pear harvest in Italy very poor this year
Rome: At the end of August/beginning of September, Cavalleri Ettore at Munich Wholesale Market usually receives the first pears from...
UK reveals AI agreement as Elon Musk warns of extinction
London: The UK government has announced a "world first agreement" on how to manage the riskiest forms of AI. It...
UK clothing retailer Next raises profit outlook again
London: British clothing retailer Next (NXT.L) on Wednesday raised its full-year profit outlook for the fourth time in six months...
Targets to end fossil fuel at COP28 crucial: EU climate chief
Brussels: A demand for targets for the phase-out of fossil fuels in the final agreement of COP28 in Dubai is...
In Italy, a bio-waste plant proves a regenerative bioeconomy is possible
Rome: Biobased goods will be an essential part of industrial decarbonisation. Yet there is growing awareness that even renewable feedstock...
Pakistan, France discuss economic collaborations
Islamabad: Ambassador of France, Nicolas Galey, called on the Caretaker Federal Minister for Finance, Revenue, & Economic Affairs Dr Shamshad...
Italy escapes recession with zero Q3 growth
Milan: Italy recorded zero economic growth in the third quarter of 2023 as high interest rates dampened domestic demand, narrowly...
Ambassador Andreas Ferrarese vows to promote Italy-Pakistan friendship further
Celina Ali Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese on Tuesday vowed to promote Italy-Pakistan friendship further. In a...
UK confirms plans to regulate crypto industry with formal legislation
London: The U.K. government published its response to a consultation paper issued earlier this year, which outlined recommendations on how...
EU regulators set new Feb 14 deadline on Amazon/iRobot deal
Paris: European Union (EU) antitrust regulators will decide by February 14 next year on whether to clear Amazon's (AMZN.O) $1.4...
