Currency changeover in Bulgaria: the euro replaces the lev in January
Sofia: The days of the Bulgarian lev are numbered! Bulgaria wants to introduce the European single currency, the euro, in...
Business
Portugal: Solid activity, albeit with obstacles ahead
Lisbon: The sentiment indicators have recorded a steady increase over the course of the quarter, and the ESI, published by...
Are UK interest rates too high?
London: Is the Bank of England policy rate too high? And how fast can the Bank lower it? Costas Milas...
Portugal’s data centres forecast €26bn gdp boost by 2030
Lisbon: Portugal’s data centre industry stands to inject as much as €26bn (US$30.4bn) into the national economy by 2030, with...
Pakistan removed from the UK’s Air Safety List, PIA, others can operate
Celina Ali Islamabad: The United Kingdom on Wednesday removed Pakistan from the UK’s Air Safety List, alloing the Pakistan International...
World’s narrowest car unveiled in Italy
Rome: It looks like something from a cartoon or a Harry Potter movie, where the dimensions of a normal car...
EU warns Italy over meddling in UniCredit’s Banco BPM takeover
Rome: Italy has been hit by a preliminary European Union warning over its use of so-called Golden Powers to restrict...
UK launches £500M package to support diverse, underrepresented investors and founders
London: The British Business Bank, owned by the UK government, is creating a £500 million (around $674 million) economic package...
UK and Pakistan agree new Business Advisory Council at inaugural Trade Dialogue
Celina Ali Islamabad: Ministers from the UK and Pakistan Monday announced new measures to boost trade between the two countries,...
PIA privatization to be finalized in 60-90 days, NA committee informed
Liaquat Ali Islamabad: The National Assembly’s Privatization Committee was briefed on the privatization of Pakistan International Airlines (PIA) Monday. The...
Commerce Minister Jam Kamal Khan embarks on key UK trade visit
Celina Ali Islamabad: Federal Minister for Commerce, Jam Kamal Khan, has commenced a pivotal official visit to the United Kingdom,...
Saudi travel & hospitality consortium establishes $50m fund to support and strengthen Pakistan’s Umrah & Hajj travel sector
Makkah Al-Mukarramah: A leading Saudi Arabian Travel & Hospitality consortium — including Funadiq.com, Emaar Al Diyafa Group, Skyline Travel Company,...
UK Authority approves Pakistan airport security standards
Celina Ali Islamabad: A three-member delegation from the United Kingdom’s Department for Transport (DfT) completed a comprehensive security assessment at...
German auto parts giant strengthens tech ties with Chinese automakers
Henan Daily Zhengzhou: German auto parts giant ZF is intensifying its technology cooperation with Chinese automakers, the company said on...
Leonardo trails rivals with $1.9 billion euro bid for Iveco’s defence business
Milan: Italian defence company Leonardo has made the lowest bid for the defence business that automotive group Iveco has put...
Portugal relaunches TAP privatisation with initial sale of 49.9% stake
Lisbon: The Portuguese government has relaunched the long-awaited privatisation of TAP Air Portugal, announcing the sale of an initial 49.9%...
Pakistan, EU sign €20 Million agreement to boost private sector competitiveness
Celina Ali Islamabad: Pakistan and the European Union Thursday signed a €20 million grant agreement aimed at strengthening Pakistan’s private...
European stocks end midweek with gains as EU-US trade talks continue
Istanbul: European stocks closed higher Wednesday as investors are waiting for updates on a potential trade deal with the US....
Bulgaria to adopt euro in 2026
Brussels: EU ministers gave the final green light on Tuesday for Bulgaria to adopt the euro on January 1, 2026,...
Portugal: First five-star hotel coming to Leiria
Lisbon: The first five-star hotel, with 100 rooms and an events centre, is expected to open in Leiria in summer...
Former UK PM Rishi Sunak joins Goldman Sachs as senior adviser
London: Goldman Sachs has named former United Kingdom Prime Minister Rishi Sunak as a senior adviser, adding a veteran policymaker...
Henan’s first AEO-recognized shipment departs for Ecuador
Henan Daily Zhengzhou: "Two days ago, a cargo ship carrying our company's export shipment of all-steel radial tires for trucks...
Bulgaria’s TPP Maritsa East 2 coal plant posts EUR 52 million loss for 2024
Sofia: Even with a quota for the regulated electricity market in Bulgaria, low electricity prices pushed TPP Maritsa East 2...
Portugal: FATACIL – Handicrafts, Tourism, Agriculture, Commerce and Industry Fair of Lagoa
Lisbon: Held annually since 1980, FATACIL – the Handicrafts, Tourism, Agriculture, Commerce and Industry Fair of Lagoa – is today...
No stay for Huawei in UK FRAND trial against MediaTek
London: The UK High Court’s refusal to suspend the case means the FRAND rate-setting proceedings for Huawei’s 5G portfolio can...
Pakistan, US reach accord on trade and tariffs
With less than a week to go before the July 9 deadline, Pakistan and the United States have concluded a...
Pakistan, Poland agree to boost trade, security cooperation
Pakistan and Poland have agreed to enhance collaboration through the exchange of high-level visits, parliamentary interactions and dialogue. The agreement...
Microsoft to shut down operations in Pakistan after 25 years
Microsoft is shutting down its direct operations in Pakistan, ending a 25-year presence in the country, according to media reports...
Unmanned farming paves way for China’s smart, sustainable agriculture future
Henan Daily Zhengzhou: Beneath the blazing midday sun in Zhangzhuangli village, Qingfeng county, in Central China's Henan province, an intelligent...
Portugal’s travel & tourism sector enters golden era
Lisbon: New data from the World Travel & Tourism Council (WTTC) reveals Portugal’s Travel & Tourism sector is set to...
