UK to ban credit cards for crypto purchases
London: The UK will ban consumers from using credit cards to purchase cryptocurrencies and impose restrictions on crypto lending products,...
Business
Copyright rules no longer preferred option amid criticism from creative industries
London: Ministers are rethinking changes to copyright law before a vote in parliament next week, in a further concession to...
Supportive policies ignite new momentum for Chinese businesses
Henan Daily Zhengzhou: China's business sector has demonstrated renewed vitality and momentum since the start of the year, driven by...
Joining Eurozone in 2026 Bulgaria’s priority: Finance minister
Sofia: Bulgaria is still prioritizing joining the Eurozone in 2026, the country’s finance minister said Tuesday, pushing back against a...
Will UK Mortgage Rates Fall Further in 2025?
London: Mortgage rates are already falling ahead of the Bank of England’s crunch rate decision next week on May 8,...
Macau startups to strengthen ties with Portugal
Lisbon: A delegation from Macau is visiting Portugal from 3 to 10 May as part of the “Soft Landing Program...
Food alert in Italy: Mass milk recall
Rome: A food safety alert has recently shaken Italy, following the precautionary recall of several batches of pasteurised milk from...
Japan hosts high-level stakeholders meeting to boost Pakistani workforce integration
Celina Ali Islamabad: Japan’s Ambassador to Pakistan, Akamatsu Shuichi on Friday hosted the ‘Pakistan-Japan Human Resources Stakeholders Meeting’ at his...
China launches mandatory audits to bolster personal information protection
Henan Daily Zhengzhou: China has enforced new rules that require those handling the personal information of more than 10 million...
Foreign tourists helping boost holiday travel surge
Henan Daily Zhengzhou: Chinese and international tourists leave the Palace Museum in Beijing on Thursday, the first day of the...
TikTok fined €530 million by EU regulator over data protection
Dublin: TikTok was fined €530 million (US$600 million) by its lead European Union privacy regulator on Friday (May 2) over...
Portugal stocks lower at close of trade; PSI down 0.38%
Lisbon: Portugal stocks were lower after the close on Friday, as losses in the Telecoms, Utilities and Consumer Services sectors...
Italy March jobless rate edges up to 6.0%, in line with forecast
Rome: Italy’s jobless rate rose marginally to 6.0% in March from 5.9% in February, national statistics bureau ISTAT reported on...
Bulgaria secures cheaper gas for May with Azerbaijani and LNG supplies
Sofia: The Energy and Water Regulatory Commission (EWRC) has approved the natural gas price in Bulgaria for May, setting it...
Bank of Italy warns about crypto risks and US policy influence
Rome: The Bank of Italy has warned about the rising systemic risks linked to crypto’s deeper integration with traditional finance...
China to handle 144 mln railway passenger trips over May Day holiday
Beijing: China’s railway network is expected to handle approximately 144 million passenger trips during the eight-day May Day holiday travel...
China leads world with over 1.57 million AI patents
China Economic Net Beijing: The latest data shows that as of April 9, 2025, China’s artificial intelligence (AI) patent applications...
UK trade registry would ‘boost SME finance, cut fraud’
London: The International Chamber of Commerce (ICC) UK has called for the government to establish a national registry of trade...
UK student homes taking longer to fill on weaker overseas demand
London: The proportion of UK student dorms that are leased for the next academic year has fallen sharply as a...
Italy appoints Mint CEO to oversee state asset strategy
Rome: Italy has appointed the CEO of its state mint to lead a new department focused on managing state-run companies...
China promotes development of private economy in energy sector
Henan Daily Zhengzhou: China has introduced new measures to accelerate the development of the private economy in the energy sector...
UK sets out new laws to regulate crypto exchanges and dealers
London: Britain plans to bring crypto exchanges and dealers under compulsory regulation for the first time under new draft laws...
UK food prices rise most in 15 months as tax hike hits: BRC
London: UK food prices posted their biggest rise in more than a year after supermarkets were hit by a double...
Italy: Borrowing costs fall to multi-month low at auction on ECB rate cut bets
Milan: Italy's funding costs hit a multi-month low at an auction on Tuesday, driven down by expectations of further rate...
Scope of digital wallets to be expanded across country: PM
Liaquat Ali Islamabad: Prime Minister Muhammad Shehbaz Sharif on Monday said that the scope of digital wallets would be expanded...
Portugal’s Galp seeks Namibia oil and gas partner
Lisbon: Portugal's Galp Energia (GALP.LS), opens new tab has resumed talks with potential partners as it seeks to develop a...
China refines departure tax refund policy to encourage inbound consumption
Henan Daily Zhengzhou: China unveiled a set of measures on Sunday to further optimize its departure tax refund policy to...
China’s industrial profits up 0.8 pct in Q1
Henan Daily Zhengzhou: The combined profit of major industrial enterprises went up 0.8 percent year on year in the first...
Impulsive spending and sleepless nights fuel financial anxiety in UK
London: Financial worries and sleepless nights plague many Britons, with a third admitting that money anxieties keep them awake, according...
Pakistan looking to address US trade imbalance
Finance Minister Muhammad Aurangzeb said on Saturday that Pakistan is eager to strengthen its business relationship with the United States,...
