EU approves Chips Act aiming to double semiconductor market share by 2030
Brussels: The Council of the European Union approved a regulation to strengthen Europe’s presence in the world of semiconductors, better...
Business
EU imports from Myanmar surge despite sanctions
Brussels: The EU last week imposed its seventh round of sanctions on individuals and companies associated with Myanmar's military junta,...
Italy: Meloni says ready to discuss minimum wage with opposition
Rome: Italian Prime Minister Giorgia Meloni had said she was ready to discuss minimum wage proposals with what she termed...
Italy growing more than France and Germany, notes IMF
Rome: The International Monetary Fund revised its growth estimates for the Italian economy upwards – at 1.1%, beating the other...
Pakistani cherries get Chinese market access after 12 years work
Gwadar Pro Islamabad: Minister of National Food Security and Research, Tariq Bashir Cheema has announced that the government had succeeded...
Bilawal Bhutto, Blinken discuss regional security situation, bilateral economic ties
Celina Ali Islamabad: Foreign Minister Bilawal Bhutto Zardari has received a telephone call from the U.S. Secretary of State, Antony...
UK: Electric cars are the future
London: The future is electric for the cars on our roads, but is the UK ready for such a major...
Bullet train designed for Hangzhou Asian Games unveiled in China
Beijing: A Fuxing bullet train specially designed for the Hangzhou Asian Games rolled off the production line in Changchun, northeast...
UK announces £680m for new high-speed electric railway in Turkey
London: UK Export Finance (UKEF), the UK government’s export credit agency, has underwritten €781m of financing – equivalent to £680m...
EU: Average working hours – Which countries work the longest and shortest weeks?
Brussels: The average hours worked per week in Europe vary widely. Countries with higher part-time workers, in particular, reported shorter...
EU: Electric vehicles overtake diesel for first time
Brussels: Sales of new electric battery vehicles overtook diesel car purchases in Europe for the first time last month but...
PIA passengers can fly to 16 Chinese cities via Beijing
Beijing: Passengers traveling by Pakistan International Airlines (PIA) can now fly between Pakistan and 16 captivating cities in China via...
EU bans drone parts export to Iran for Russia, Syria regime support
Brussels: The European Union has banned the export of parts used in the manufacture of drones to Iran because of...
Pakistan hopes to resume PIA flights to UK in three months
Celina Ali Islamabad: Pakistan hopes its national flag carrier Pakistan International Airlines (PIA) can resume flights to Britain in the...
UK two-year fixed mortgage rates fall for first time since May
London: A key British mortgage rate fell on Thursday for the first time in nearly two months, coming off the...
Italy: See inside newest luxury train, ‘La Dolce Vita’
Rome: Wealthy travelers are reserving spots on this luxury train before they've even finished building it. The Orient Express La...
China to provide Pakistan with technical ‘know-how’ and expertise to boost exports and facilitate successful execution ofSEZs
Islamabad: Federal Minister for Planning Development and Special Initiatives Ahsan Iqbal has said that China will provide Pakistan with technical...
UK inflation slows to lowest level in more than a year
London: UK inflation eased more than expected in June, slowing to its lowest annual rate since March 2022, official data...
Construction starts on first UK-German power link project
London: Work has begun on a 2.4 billion pound (2.8 billion euro) project to build the first power cable linking...
EU to invest €45bn in Latin America and Caribbean
Package includes projects to extract minerals, electrify bus fleets and help protect Amazon rainforest Brussels: EU leaders in Brussels have...
China rolls over a $600 million loan to Pakistan
Celina Ali Islamabad: Prime Minister Shehbaz Sharif said on Tuesday that China has rolled over a $600 million loan to...
UK relaxes visa rules for foreign builders amid Brexit shortages
London: Bricklayers, plasterers and other construction jobs have been added to the government’s “shortage occupation list”, making it easier for...
EU strikes gas, hydrogen deal with Argentina
Brussels: The European Commission has signed a non-binding agreement with Argentina to facilitate a stable supply of liquefied fossil gas...
EU steps up action to prevent shortages of antibiotics for next winter
Brussels: The European Commission, the Heads of Medicines Agencies (HMA) and the European Medicines Agency (EMA) are today issuing recommendations...
Italy: Where to find Italy’s most authentic gelato
Rome; Artisanal gelato, that quintessential frozen treat, has lately joined the ranks of Ligurian pesto and Neapolitan pizza as an...
China-Pakistan cooperation in nutrition, health highlighted
China Economic Net Beijing: “In the future, we will strengthen cooperation with International Center for Chemical and Biological Sciences in...
EU looks to Greece for niche metals
Athens: Greece could be Europe’s answer to China’s decision to restrict exports of gallium and germanium, rare earth elements used...
Pakistan seeks Chinese investment to upgrade agriculture, IT, mining, housing sectors: Ahsan Iqbal
Beijing: Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal has said that Special Economic Zones (SEZs) will provide...
Bilawal Bhutto lays foundation stone of Dhabeji Special Economic Zone
Karachi: Foreign Minister Bilawal Bhutto Zardari laid the foundation stone of Dhabeji Special Economic Zone in Thatta district of Sindh...
Putin discusses grain deal, BRICs summit with Ramaphosa
Moscow: Russian President Vladimir Putin held a phone call with South African President Cyril Ramaphosa in which they discussed the...
