Sonnedix to acquire 250MW solar PV portfolio in Italy
Rome: Independent power producer (IPP) Sonnedix has acquired an 80MW solar PV plant in Sicily, Italy from renewables developer Blunova....
Business
UN, Italy meet to address CBL and oil field closure
rkme: The UN's Deputy Special Representative for Political Affairs in Libya, Stephanie Koury, and Pasquale Ferrara, Italy's Director General for...
Hundreds of people lose their jobs in UK
London: Hundreds of people have lost their jobs after an international construction group filed for administration in the UK.The majority...
UK consumer confidence falls sharply amid fears of ‘painful’ budget
Ilondon: Consumer confidence in the UK has fallen sharply amid growing concerns over government plans for a “painful” budget, risking...
Bulgaria and Norway join probe into Hezbollah pager explosions
Sofia: Bulgaria and Norway became the latest focus points on September 19 in the international investigation into who supplied Hezbollah...
Alstom Announces €63 Million Investment in Italy
Rome: Alstom has announced a 63 million EUR investment plan for its operations in Italy from 2024 to 2026. This...
Russian PM to participate in Islamabad SCO meeting
Islamabad: Russian Deputy Prime Minister Alexei Overchuk has announced that Russian Prime Minister Mikhail Mishustin will attend the Shanghai Cooperation...
Huawei, NIBFP sign MoU for capability enhancement
Celina Ali Islamabad: Huawei Technologies Pakistan and the National Institute of Banking, Finance Pakistan (NIBFP) have signed a Memorandum of...
Bulgaria to probe company links to pagers that exploded in Lebanon
Sofia: Bulgaria will investigate a company linked to the sale of pagers to Lebanon’s militant group Hezbollah that exploded this...
Cyprus wants more assurances on planned electric cable link to Greece
Athens: Cyprus reaffirmed its commitment to a planned electric transmission cable to Greece but said on Thursday that technical and...
Bank of England holds interest rates at 5%
London: The Bank of England (BoE) decided to hold interest rates at 5% in its most recent monetary review. The...
Diplomats discuss int’l public procurement, business expansion at Beijing Forum
China Economic Net Islamabad: The Global Procurement and Enterprise Overseas Expansion Forum, held in Beijing, focused on critical issues including...
UK’s ‘not for EU’ meat and dairy labelling plan postponed indefinitely
London: Government plans to force food manufacturers to put “not for EU” labels on all meat and dairy products sold...
Google wins apppeal against EU’s €1.5B fine from 2019
Brussels: Google oveturned a €1.5 billion (about $1.7 billion at today's rate) penalty by the European Union, issued back in...
Bulgaria seeks restrictions on Ukrainian egg imports
Sofia: The Bulgarian Agricultural Ministry joined forces with farmers in a quest to completely stop the flow of cheap Ukrainian...
Chinese companies announce to set up plants in Pakistan
Celina Ali Islamabad: Two major Chinese companies have announced to set up their plants in Pakistan to manufacture raw materials...
UK to give Asian Development Bank guarantee to unlock climate finance
London: Britain will next month provide a guarantee for the Asian Development Bank (ADB) to help unlock more than US$1...
Drug production on record highs in Greece last year
Athens: Greece’s pharmaceutical industry is going from strength to strength, registering a new high in output last year and continuously...
New hybrid car sales allowed until 2035 in UK, government confirms
London: Sales of some new hybrid cars will be allowed until 2035, the government has said, but it denied that...
Bulgaria records 2.1% annual inflation in August
Sofia: Bulgaria’s annual consumer price index (CPI) recorded 2.1 per cent inflation in August, down from 2.4 per cent a...
Pakistan seeks “concessional financing” for M-6 under CPEC
Islamabad: Pakistan aims to secure Chinese “concessional financing” for the Sukkur-Hyderabad Motorway (M-6) by including including it in mega China-Pakistan...
Mid-Autumn Festival inspires cultural product design in China
Liu He Beijing: "Though miles apart, we'll share the beauty the moon displays," Chinese calligraphy tutor Jin Jin taught her...
Bridging the Gap: Examining the UK-US Data Bridge
London: In today’s digital world, the transfer of personal data across borders is a fundamental necessity for businesses, governments, and...
Korean Air operates inaugural flight to Lisbon, Portugal
Lisbon: On September 11th, Korean Air operated its inaugural flight to Lisbon, Portugal. Flight KE921 departed from Incheon at 11:50...
Global services trade leaders push for openness, warn against decoupling
Celina Ali Islamabad: Former Greek Foreign Minister George Katrougalos highlighted the negative impact of anti-globalization posing a serious threat to...
Beijing: Pakistan embassy hosts major investment conference during CIFTIS
Beijing: The Embassy of Pakistan in Beijing hosted the “Pakistan Investment Conference – Together for a Shared Future” alongside the...
Baku Business Forum to strengthen Pakistan-Azerbaijan trade ties: Abdul Aleem Khan
Abdullah Jan Islamabad: Federal Minister for Board of Investment, Privatization, and Communications Abdul Aleem Khan on Friday said that the...
At China trade fair, Ambassadaor Hashmi highlights priority sectors for investment in Pakistan
Beijing: Ambassador of Pakistan to China Khalil Hashmi on Friday Inaugurated Pakistan Pavilion at China International Fair for Trade in...
PLMJ advises Castellana Properties’ entry into Portugal
Lisbon: Castellana Properties, a real estate investment company (Socimi) of the South African fund Vukile Properties, is making its first...
China-Pakistan leather industrial cooperation reaching new heights
China Economic Net Shanghai: At the just concluded All China Leather Exhibition in Shanghai, a memorandum of cooperation was signed...
