Business

London: The Bank of England could cut interest rates three more times this year despite the UK grappling with higher-than-expected...

easyJet puts 2.5 million Portugal seats on sale

Lisbon: easyJet has put flights on sale for summer 2026, meaning more than 45 million seats on over 250,000 flights...

Ultra Maritime to provide active and passive sonobuoys to France

Paris: Ultra Maritime continues to expand its growing list of customers for the next generation of sonobuoy technologies, and is...

EU’s Dombrovskis says EU prefers negotiated solution on trade with US

Washington: The European Union would prefer to reach a negotiated solution with the United States over trade but will respond...

Italy increased steel production by 11.2% m/m in March

Rome: Italian steelmakers increased steel production by 11.2% in March 2025 compared to the previous month to 2.02 million tons....

Khunjerab border with China opens as all-weather route: a historic leap in regional cooperation

Gilgit: In a major step toward strengthening friendship, trade and cooperation between Gilgit-Baltistan and China’s Xinjiang region, a high-level virtual...

Pakistan, Malaysia explore opportunities in blockchain technology

Celina Ali Islamabad: In a pivotal step toward strengthening regional cooperation in the digital economy, the Foreign Minister of Malaysia...

Portugal starts clock on two-stage offshore wind tender

Lisbon: Portugal has opted for a two-stage auction model for its inaugural offshore wind tender and has set itself time...

The EU policy on China will remain based on “de-risking” rather than “de-coupling.”

Brussels: Despite the latest developments, the EU's policy on China will remain based on "de-risking" rather than "decoupling", Brussels has...

Italy-Saudi ties go strategic: the Business Council in Milan

Rome: Italy and Saudi Arabia are deepening their strategic cooperation through business, culture, and infrastructure, with the Saudi-Italian Business Council...

Italy: Landmark decision on the taxation of indirect lending

Rome: The Italian Supreme Court, in Decision No 4427/25, has overturned the restrictive approach of the Italian Revenue Agency in...

Henan kicks off 2025 with strong economic performance in Q1

Henan Daily Zhengzhou: On April 18, Henan Provincial Bureau of Statistics released data on the province's economic performance for the...

Growing concerns over UK’s ‘forever chemicals’; cost of clean-up may top US$12b a year

Birmingham: Concerns are growing in Britain over toxic so-called “forever chemicals” in the environment, and the spiraling cost of potential...

Gatwick worst for delays among UK airports

London: Gatwick has retained its position as the UK's worst airport for flight delays, as it continues to suffer from...

Portuguese companies ‘sacrificing’ profits

Lisbon: More than 80% of companies will not pass on the increase in tariffs to the US in the final...

EU says it will enforce digital rules irrespective of CEO and location

Brussels: The European Union is determined to enforce its full digital rule book no matter who is in charge of...

Inauguration of PIA’s Flight from Lahore to Baku

Celina Ali Islamabad: Pakistan International Airlines (PIA) on Sunday launched its inaugural flight from Lahore to Baku, Azerbaijan, under flight...

China expected to achieve higher grain output in 2025

Henan Daily Zhengzhou: China is poised to see a further increase in its grain output in 2025, building on last...

Resilient Chinese economy injects certainty into the world amid rising protectionism

Henan Daily Zhengzhou: Despite headwinds of rising protectionism, increasing signals point to a good start for China's economy for the...

Why the UK’s electricity costs are so high – and what can be done about it

London: One of Labour’s key election promises was to cut energy bills by £300 a year by 2030 while making...

Pakistan to host first Digital Foreign Direct Investment forum in Islamabad

Pakistan’s first digital foreign direct investment forum, a historic joint initiative between the government of Pakistan and the Digital Cooperation...

Pakistan’s central bank launches ‘Go Cashless’ drive at Karachi mall to promote digital economy

The State Bank of Pakistan (SBP) on Saturday launched its “Go Cashless” campaign in the southern Karachi port city, aiming...

Trade War Tensions: The Toll on China’s Corporate Giants

China has warned that Trump’s tariffs could lead to a global trade war and that the increased costs will be...

Nearly 40% of Bulgarians Unable to Save, Indebtedness Rising

According to recent data from the Trend Research Center, shared during the "Personal Finance" event by Money.bg, 38% of Bulgarians...

Italy Digital Services Tax under US pressure