UK energy bills to fall after Ofgem lowers price cap
London: Millions of British households will have cheaper energy bills from October after British energy markets regulator Ofgem cut its...
Business
Business bankruptcy in EU surges to highest levels since 2015
Brussels: Business insolvencies in the EU have hit record highs, latest data has shown. According to the bloc's official statistics...
UK government considering short-term visa scheme for EU workers
London: The UK government is considering establishing a short-term visa programme that would help bring foreign workers into the country...
EU: Dombrovskis asks Russia to renew Black Sea grain deal
Brussels: A senior European Union official urged Russia on Saturday to renew a deal to allow the safe export of...
France and EU to spend 215 million euros shoring up struggling wine producers
Paris: The French government and the European Union will spend 200 million euros ($215 million) to help the country’s wine...
More than 40 countries to participate in 20th China-ASEAN Expo in September
Beijing: The 20th China-ASEAN Expo (CAEXPO), an annual trade show that aims to facilitate economic cooperation between China and ASEAN,...
UK police say 88 people who bought sodium nitrite from Canadian websites have died
London: British police said Friday they are investigating the deaths of 88 people in the U.K. who bought products from...
EU brings down the hammer on big tech as tough rules kick in
Brussels: The world's major tech titans must crack down on illegal content and keep European users safe online from Friday,...
EU safety laws start to bite for TikTok, Instagram and others
Brussels: Some of the biggest tech organisations and search engines now have to comply with new EU rules designed to...
President Xi calls for speedy expansion of BRICS
Beijing: Leaders from BRICS nations, representing a quarter of the global economy, met in Johannesburg, South Africa, eying expansion and...
Google vows more transparency on ads as new EU rules kick in
Brussels: Google will provide more information on targeted advertisements and give researchers more access to data on how its products...
CAA team reaches Brussels to discuss EU flight resumption
Karachi: A dedicated team of Pakistan Civil Aviation Authority (PCAA) on Thursday reached Brussels to hold talk with the authorities...
Kashgar-Islamabad TIR route unveiled to augment China-Pakistan trade CPEC
China Economic Net Beijing: In a move to enhance China-Pakistan cross-border trade, an international road transport (TIR) route opened between...
People left destitute after coming to the UK on skilled worker visas only to find there’s no job
London: Blessing, not her real name, told us she arrived in the UK three months ago. She says she paid...
UK on recession alert amid slump in private sector activity
London: Britain’s policymakers have been put on recession alert after a closely watched measure of economic health showed the UK...
EU Digital Services Act: Tech companies face a reckoning in Europe as new rules come into force
Brussels: The EU Digital Services Act, which comes into force this week, is leading to big changes in how Internet...
Italy beats France & Spain in becoming Europe’s top tourism destination but lags behind Greece
Rome: Italian Ministry of Tourism has announced that Italy is the second destination for 2023, as 39 per cent of...
Pakistani businessmen explore opportunities at China South-Asia Expo
Kunming: Malik Hamza, a Pakistani exhibitor, showcased his exquisite brass handicrafts to visitors at the seventh China-South Asia Expo. To...
Pakistan wins ‘Best Business Group Award’ at China-Eurasia Expo in Urumqi
Beijing: Pakistan has won the Best Business Group Award at the China-Eurasia Commodity and Trade Expo recently concluded in Urumqi,...
UK sees surge in interest from non-EU job hunters
London: Britain has received a surge in job searches from overseas during the past year, partly reflecting a post-Brexit relaxation...
UK microchip giant Arm files to sell shares in US
London: The Cambridge-based company, which designs chips for devices from smartphones to game consoles, plans to list on New York's...
South Italy will become richer than Germany and France: Meloni party
Rome: Italian Prime Minister Georgia Meloni's political party has claimed south Italy will become richer than the European Union's two...
Pak-Russia relations termed crucial for global stability
Abdullah Jan Islamabad: Ambassador of Russia to Pakistan, Mr. Danila Ganich Monday termed mutual relations between Russia and Pakistan as...
EEX bourse requires EU antitrust okay for Nasdaq deal, EU says
Brussels: Deutsche Boerse's (DB1Gn.DE) European Energy Exchange (EEX) has to seek EU antitrust approval for its acquisition of Nasdaq's (NDAQ.O)...
Italy wants new Pact to privilege investment
Rome: Italy wants the EU's reformed Stability and Growth Pact to privilege investments for growth rather than budget restrictions, Economy...
UK to spend £100m in global race to produce AI chips
London: The government will spend £100m to try to win a toe-hold for the UK in the global race to...
EU: Over 132,000 obtain citizenship via European Residency & Citizenship Investment Programs
Brussels: More than 132,000 people have obtained citizenship through Residency and Citizenship Investment programs offered in European countries, such as...
CPEC major driver of Pakistan’s economic growth, says new FM on first day in office
Islamabad: On his first day in the office, Jalil Abbas Jilani, the Pakistani Caretaker Minister for Foreign Affairs, said that...
China remains leading investor in Pakistan in July
Islamabad: China remained the leading investor in Pakistan for July 2023, contributing a total of US $18 million in direct...
EU supports campaign on personal data protection
Brussels: The European Union Delegation to Georgia and the United Nations Development Programme (UNDP) supported a campaign on personal data,...
