UK’s embattled Metro Bank expected to struggle to raise capital with ‘no easy solutions’
London: The U.K.’s Metro Bank will likely struggle to raise fresh capital to shore up its balance sheet, according to...
Business
Relief for Pakistan as EU rolls over current GSP+ scheme till 2027
Celina Ali Islamabad: Members of EU Parliament (MEPs) have voted to extend the current rules on the scheme of generalized...
Romania wants to become the EU’s biggest gas producer
Brussels: Romania has embarked on a €4 billion project it hopes will make it the largest natural gas producer in...
PM, Baloch businessman discuss problems of trader community
Abdullah Jan Islamabad: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Thursday held a meeting with businessman Haji Nawab Damar who called...
SIFC expresses satisfaction with investments from China
Islamabad: Pakistan’s apex committee of the Special Investment Facilitation Council (SIFC) expressed satisfaction with investments from China. The apex committee...
LCCI celebrates Chinese National Day, Pakistan-China ties highlighted
Lahore: The Lahore Chamber of Commerce and Industry (LCCI) celebrated the 74th founding anniversary of the People’s Republic of China....
UK regulator asks for antitrust probe into Amazon, Microsoft cloud dominance
London:n Britain's media regulator on Thursday asked the country's antitrust authority to investigate U.S. tech giants Amazon (AMZN.O) and Microsoft's...
Pound dips after weak UK construction data, BoE survey
London: The British pound dipped against the U.S. dollar and the euro on Thursday after data showed the biggest slump...
Meta could charge Facebook and Instagram users in EU to go ad-free to comply with privacy rules
Brussels: Meta plans to give European Facebook and Instagram users the option of paying for ad-free versions as a way...
Zong celebrates National Day with China Roaming Prepaid Bundles offer
Islamabad: Zong 4G marked China's National Day on October 1st and the upcoming Mid-Autumn Festival with an attractive China Roaming...
UK shop price inflation at lowest in a year
London: Prices in British store chains rose at the slowest pace in a year in September, according to industry data...
EU to assess tech security risks and consider controls
Brussels: The European Union will assess whether semiconductor, artificial intelligence and quantum technologies and biotechnology pose a risk to the...
UK awards $4bn contract to build AUKUS nuclear submarines
London: The United Kingdom has awarded three UK companies a 4 billion pound ($4.9bn) contract to design and manufacture a...
Italy: Eni announces large Indonesia gas find
Rome: Italian energy group Eni said Monday that it had made a significant gas find in Indonesia, off the coast...
Glencore may look elsewhere for recycling hub after Italy rejects fast-track approval
Milan: Glencore Plc (GLEN.L) may look at alternative options for a recycling hub in Europe for electric car batteries after...
UK announces new long-term plan to back drivers
London: Transport Secretary Mark Harper has set out plans to protect drivers from over-zealous traffic enforcement, as part of a...
Italy hikes 2023 debt issuance as public finances creak
Rome: Italy has increased its estimate for debt issuance this year due to its worsening state finances and delays in...
‘New Chinese style’ enriches brands, goods, life
On Xiaohongshu, a lifestyle-focused social media platform in China, a search for "new Chinese style" could produce over 4 million...
Sanjrani stresses strengthening Pakistan-UK parliamentary ties for mutual learning, collaboration
Celina Ali Islamabad: The Chairman Senate Muhammad Sadiq Sanjrani, here on Thursday highlighted the importance of strengthening parliamentary ties between...
EU seeks more data on crypto’s ‘significant’ environmental harm
Brussels: The European Commission issued an 800,000 euro ($842,000) contract on Tuesday as it seeks to mitigate what it calls...
Italy agrees steps with retailers to control prices of staple goods
Rome: Italy on Thursday signed off a deal with distributors' associations to try to control the prices of essential goods...
Pakistan faces significant challenges concerning food security: FPCCI chief
Lahore: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh has said that Pakistan faces significant...
UK EV supplier Bedeo launches electric van conversions in France
London: British electric vehicle supplier Bedeo said on Wednesday that it has launched a service to convert thousands of diesel...
Italy cuts growth forecast as government meets on budget
Rome: Italy will cut this year's growth forecast to 0.8% from a previous 1% when the government meets on Wednesday...
Over 130 countries confirm participation in Belt and Road Forum in Beijing
Beijing: The representative from more than 120 countries have so far confirmed their participation in the third Belt and Road...
UK and Germany partner to further advance hydrogen developments
London: A new important agreement between the UK and Germany could help to accelerate the development of an international hydrogen...
UK investors show keen interest in Pakistan’s capital market
London: The investors of the United Kingdom’s capital and financial market in a meeting with Caretaker Prime Minister Anwaar-ul-Haq Kakar...
Huawei cloud presents vast range of models, applications
Shanghai: President of Huawei Cloud Global Ecosystem Kang Ning has shared the latest progress and achievements of the Huawei Cloud...
UK’s political short-termism is killing hopes of business investment
London: Lehman Brothers was still in business, Gordon Brown was the prime minister and George Bush was US president. The...
Pakistan, China sign MoU to establish mechanism for academic exchanges, joint research
Beijing: The National Defence University Pakistan and Grandview have signed a memorandum of understanding to establish mechanisms for active collaboration...
