Bulgaria’s full Schengen accession to bring in an annual €833mn
Sofia: Bulgaria would benefit to the tune of BGN1.63bn (€830mn) annually as a result of full accession in the Schengen...
Business
EU chief lands in South America to seal trade deal as France seethes
Montevideo: European Commission President Ursula von der Leyen landed in Uruguay on Thursday seeking to finalize a long-delayed trade deal...
Amazon successfully tests using delivery drones in Italy
Rome: Amazon (AMZN.O), opens new tab said on Thursday it had successfully completed an initial test of using delivery drones...
Italy alongside Pakistan in olive growing
Rome: The Secretary General of Pakistan's Ministry of Food Security and Research, Ali Tahir, and the Italian Ambassador to Pakistan,...
Russian criminals helped UK drug gangs launder lockdown cash
London: A multi-billion-dollar money laundering operation formed when UK gangs were struggling to offload cash during lockdown has been uncovered...
UK bans daytime TV ads for cereals, muffins and burgers
London: The UK government is banning daytime TV adverts for sugary foods like granola and muffins in its battle against...
Republican Victory Sparks Surge in American Interest for Homes in Portugal
Lisbon: Amid increasing political polarization in the United States, Portugal offers an appealing combination of stability, affordability, and a high...
OECD cuts Bulgaria’s 2024, 2025 GDP growth projections
Sofia: Bulgaria's economy is projected to grow by 2.3% in 2024 and 2.8% next year, the Organisation for Economic Co-operation...
Increasing role of China in EU’s automotive industry
Brussels: In 2022, the domestic value added of the EU automotive industry attributed to non-EU consumers amounted to €78.9 billion,...
Xi Jinping stresses comprehensively advancing high-quality Belt and Road cooperation
Beijing: Chinese President Xi Jinping has stressed comprehensively advancing high-quality cooperation under the Belt and Road Initiative (BRI). Xi, also...
China-Pak trade coop flourishes with 9 deals worth RMB 1.918b signed
Beijing: Nine cooperation agreements were signed between Chinese and Pakistani enterprises, with a total value of RMB 1.918 billion (approximately...
House rent in Portugal increase 4.9% in one year
Lisbon: According to the idealista price index, renting a house costs 16.1 euros per square meter (euros/m2) at the end...
Bulgaria’s minfin slashes 2024 GDP growth f’cast to 2.2%
Sofia: Bulgaria's finance ministry said on Tuesday that it expects the country's real economy to expand by 2.2% in 2024,...
Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits
Rome: The Italian prime minister, Giorgia Meloni, has said her government will try to protect jobs as political tensions mount...
UK CAA Eyes Lifting Pakistan Flight Ban, But Not Yet
London: The UK Civil Aviation Authority (CAA) says it hopes to remove Pakistani carriers from the UK Air Safety List...
Portugal property prices up 10% in one year
Lisbon: Purchasing a house in Portugal now has a median cost of 2,783 euros per square meter (euros/m2) at the...
Guizhou’s industry catches up as investors look for new opportunities
Guiyang: With Christmas approaching, production lines in a workshop in a remote county in Guizhou Province, southwest China, are busy...
UK business confidence at lowest level since pandemic after tax-raising budget
London: The UK government has been accused of undermining the foundations of the economy with its autumn budget, after business...
If we delay the UK’s drive for electric vehicles, our rivals will overtake us
Jonathan Reynolds London: The push to electric vehicles is not about a culture war. It is a simple choice. Do...
Italy-Slovakia together to modernise Gabcikovo aqueduct
Rome: This week, in the presence of the Deputy Prime Minister and Minister of the Environment of the Slovak Republic...
Henan’s consumption growth outpaces national average in Jan-Oct
Henan Daily Zhengzhou: Strong momentum in the dining and retail sectors, a vibrant cultural and tourism market, and a higher...
Relief for Portugal’s minority government as parliament passes 2025 budget
Lisbon: Portugal's parliament on Friday gave final approval to the centre-right minority government's 2025 budget bill, which promises to lift...
easyJet expands in Italy with new bases starting spring 2025
Rome: easyJet has announced its ambitious expansion plans in Italy, cementing the country as its second-largest market. Starting in spring...
Bulgaria allocates 3 GW of renewables capacity, 1.17 GW of storage in auction
Sofia: The Bulgarian Ministry of Energy has announced the final results of the country’s first renewable energy auction. The government...
Worldline says payment services disruptions in Italy not yet resolved
Milan: French digital payments company Worldline on Friday said gas roadworks accidentally damaged its network connection to its data centres...
China’s smart vehicle supply chain drives global innovation at supply chain expo
China's smart vehicle supply chain is emerging as a critical force in the global automotive industry, driven by innovation and...
UK tightens curbs on employers exploiting foreign workers
Britain on Thursday set out stronger sanctions against employers who exploit foreign workers, following research showing abuses, particularly in the...
EASA lifts ban on PIA for flights to Europe: Aviation Minister Khawaja Asif
Aviation Minister Khawaja Asif on Friday announced that the European Commission and European Aviation Safety Agency (EASA) have lifted the...
Thousands take to streets in Italy to demand better wages amid inflation
Thousands of Italians took part in a general strike Friday to protest low wages and purchasing power, although its impact...
China issues action plan to cut national logistics costs
The Chinese government has issued an action plan to cut logistics costs to boost economic efficiency, targeting a reduction in...
