Schneider Electric expands R&D base in Shanghai
Shanghai: French multinational Schneider Electric has launched the second phase of its Jinshan Innovation Laboratory Park project in Shanghai. Covering...
Business
EU rejects Chinese proposals to avoid duties on EVs
Brussels: The European Commission has rejected proposals made by China to set minimum prices or volume caps on imports of...
UK economy flatlines again in July, below expectations
London: The U.K. economy continued to flatline in July on a month-on-month basis, flash figures published from the Office for...
Amazon to invest £8 bn in UK in boost for new Labour govt
London: US tech giant Amazon is to invest £8 billion ($10.5 billion) in Britain over the next five years, creating...
€27 million for the most expensive house in Portugal
Lisbon: In Lagos, overlooking the sea, is the “most expensive house in Portugal” – the ‘unique property’ of a Swiss/Brazilian...
Sánchez urges the EU to ‘reconsider’ tariffs on Chinese electric cars, exposing cracks
Brussels: "We don't need another war, in this case, a trade war. We need to build bridges between the EU...
UK announces new sanctions under Iran, Russia laws
London: Britain on Tuesday announced a new wave of sanctions, adding seven designations under its Iran sanctions regime and three...
Apple loses EU court battle over €13bn tax bill in Ireland
Brussels: Apple has lost a high-profile, €13bn (£11bn) Irish tax battle with Brussels in a decision that will bolster the...
Italy’s Arvedi AST to suspend EAF operations amid high electricity prices
Rome: Italian stainless steelmaker Acciai Speciali Terni (Arvedi AST) has planned to shut down one of the two electric arc...
Italy pushes for early confirmation of ICE reprieve in Europe
Rome: Italian politicians are pushing to accelerate the European Union’s review of a proposed ban on new internal-combustion-engine vehicles from...
Huawei to train 300,000 Young Pakistanis in ICT skills
Gwadar Pro Islamabad: Chairman of the Prime Minister’s Youth Programme (PMYP), Rana Mashhood Ahmed Khan, visited the Huawei office on...
Bulgaria and Germany agree to cooperate on energy
Sofia: Bulgaria and Germany signed a declaration on cooperation in energy, green policies and climate protection, the Bulgarian Energy Ministry...
UK labour market loses steam in August, recruiters say
London: Britain’s labour market cooled noticeably last month as job placements fell sharply and pay growth slowed, according to a...
Italy: National railway company may be listed in bid to increase investment
Rome: The newly appointed chief of Ferrovie dello Stato, Italy's national railway company, has announced that the organization will explore...
Italy: Growth in attracting global investment: Amazon’s contribution
Rome: Italy is strengthening its position as an attractive destination for global investment, and foreign-controlled multinationals are driving the innovation...
Pakistani artisanship, technology highlighted in Urumqi’s Int’l Grand Bazaar
Urumqi: Pakistani handicrafts and cutting-edge Chinese technology captivated Pakistani delegates visiting the International Grand Bazaar in Urumqi, the capital of...
Birmingham hosts 7th Annual UK-Pakistan investment meet
Birmingham: To enhance trade and investment between Pakistan and the UK, the 7th Annual UK-Pakistan Investment Conference was held at...
From classroom to startup: Teenovator’s role in shaping Bulgaria’s young innovators
Sofia: The issue of young people who are not in employment, education or training (NEETs) continues to be a challenge...
Riyadh: Pakistan participates in 24 Fintech 2024
The 24 Fintech 2024 exhibition held from 3-5 September 2024, celebrated the best in fintech and provided key opportunities for...
Pakistani experts learn Chinese kiwifruit technology in Sichuan
China Economic Net Beijing: Agricultural experts from Pakistan, Egypt, Nepal, and Mongolia are acquiring advanced Chinese kiwifruit cultivation techniques at...
Elon Musk to celebrate Giorgia Meloni as Italy eyes space sector investment
Rome: When Italian Prime Minister Giorgia Meloni visits New York later this month to receive a global citizenship award, Elon...
EU chief to hand economy job to Italy’s far-right: Report
Brussels: EU chief Ursula von der Leyen has made her first picks for her top team, with the key economy...
‘Stars are aligning’ for UK property stocks, Morgan Stanley says
London: British real estate stocks could be flipping the script on a “lost decade,” according to Morgan Stanley analysts, who...
Rezolv Energy inks EPC deals for 229MW Bulgaria PV site
Sofia: Czech independent power producer (IPP) Rezolv Energy has signed engineering, procurement and construction (EPC) contracts with three companies to...
Cellnex to acquire six telecom towers from NOS in Portugal
Lisbon: On tower, the Portuguese subsidiary of tower company Cellnex is trying to purchase six telecom towers from NOS Technology,...
‘Stars are aligning’ for UK property stocks, Morgan Stanley says
London: British real estate stocks could be flipping the script on a “lost decade,” according to Morgan Stanley analysts, who...
UK windfall tax hike could cost the government $16 billion
London: The planned additional hike in the UK’s windfall tax on North Sea oil and gas operators could lead to...
ECC okays direct awarding of $2 billion contract to China for construction of LKH section
Islamabad: Senator Muhammad Aurangzeb, the Federal Minister for Finance & Revenue, presided over an important meeting of the Economic Coordination...
Pakistan a land bestowed with broad prospects for e-commerce development
China Economic Net Islamabad: Pakistan's e-commerce sector is rapidly ascending on the global stage, now ranked as the 46th largest...
Pakistani, Chinese companies urged to advance sustainable and efficient energy solutions
Islamabad: Pakistani Finance Minister Muhammad Aurangzeb has emphasized the significance of collaboration between Pakistani and Chinese companies in advancing sustainable...
