Surprise growth in UK economy at end of 2024
London: The UK economy unexpectedly grew in the final three months of last year following a boost to the construction...
Business
Parliament approves controversial purchase of Russian nuclear reactors from Bulgaria
Sofia: Ukraine's parliament voted in favor of buying two Russian-made reactors from Bulgaria for the Khmelnytskyi Nuclear Power Plant, lawmaker...
Europe caught out by Trump’s Russia move
Brussels: Arriving at Nato headquarters early on Thursday, Europe's defence ministers had one common message - that there could be...
Chinese smartphone brands gain popularity in Middle East
Henan Daily Zhengzhou: In recent years, Chinese smartphone brands have seen a steady rise in their sales in the Middle...
Bulgaria facing health tax increase, as budget deficit risks Euro exclusion
Sofia: The Bulgarian Doctors' Union is launching a campaign to increase the national health tax to compensate for deficits in...
Portugal to weigh sale of at least 49% in Airline TAP
Lisbon: Portugal’s government is considering selling a stake of at least 49% of TAP SA in its latest attempt to...
UK and US refuse to sign international AI declaration
London: The UK and US have not signed an international agreement on artificial intelligence (AI) at a global summit in...
UK not planning to hit back at US on steel tariffs
London: The UK will not retaliate immediately to the renewal of steel and aluminium tariffs by the US, the government...
Bulgaria: Contractor indicted in €4.5 million fraud involving trolleybus for the municipality of Vratsa
Sofia: The European Public Prosecutor’s Office (EPPO) in Sofia (Bulgaria) has filed an indictment at the Sofia District Court against...
France is back in the AI race, Macron tells Paris summit
Paris: French President Emmanuel Macron told major world leaders gathered at an AI summit in Paris that France was "back...
Italy prepares for AW249 helicopter production phase
Rome: The Italian Army’s AW249 next-generation combat helicopter program is progressing on schedule, with 17 units already under contract out...
Over 200 high-powered Henan-made tractors set to serve domestic and global markets
Henan Daily Zhengzhou: At 8:28 AM on February 7, firecrackers were set off in front of the southern gate of...
Over 100m parcels handled in Henan during Spring Festival
Henan Daily Zhengzhou: During the 2025 Spring Festival holiday (from January 28 to February 4), Henan's postal and express delivery...
UK cuts subsidies for biomass power producer Drax
London: The UK government and Drax (DRX.L), opens new tab have agreed a deal that will halve the energy producer's...
France warns of EU’s tariffs against US measures
Paris: France has said that the European Union will retaliate by replicating any tariffs imposed on it by the United...
Bulgaria’s imports from Russia in 2024 down 82.3% y/y
Sofia: The value of Bulgaria’s imports from Russia in 2024 added up to 1159. million leva, down from 6535.4 million...
EU says it would react to US tariffs, but awaits clarification
Brussels: The European Commission said on Monday it would react to protect EU interests after US President Donald Trump’s announcement...
Italy: Work permit system: Migrant groups demand urgent reform
Rome: Migrant rights organizations are calling for urgent changes to Italy’s work permit system, criticizing it as "inefficient, inadequate, and...
Embassy of Pakistan Showcases Culinary and Artistic Excellence at Riyadh Food Festival 2025
The Embassy of Pakistan in Riyadh successfully participated in the prestigious Riyadh Food Festival 2025, held from February 9-12, under...
President IPP approved new setup in Punjab
Liaquat Ali Islamabad: Istehkam-e-Pakistan Party (IPP) has decided to divide the province into four zones after South Punjab and Central...
Nearly 600 Henan enterprises benefit from RCEP over past 3 years
Henan Daily Zhangzhou: On January 1, 2025, the Regional Comprehensive Economic Partnership (RCEP) welcomed its third anniversary. Over the past...
France: Peaceful uses of nuclear energy
Paris: France is fully committed to developing peaceful uses of nuclear energy, which is a source of energy that is...
Pakistan to double IT exports to Saudi Arabia
Tech firms hope to capitalise on KSA's $100b AI project; take more companies to participate in LEAP 2025 Pakistan is...
First: Bulgarian Stock Exchange Launches SpaceCrowd, an Equity Crowdfunding Platform for Startups
The Bulgarian Stock Exchange (BSE) has unveiled SpaceCrowd, Bulgaria’s first equity crowdfunding platform aimed at helping startups and early-stage businesses...
The impact of the Superbonus on Italian construction costs
The ‘Superbonus’ – a generous tax credit for certain building renovations – was one of the largest fiscal programmes implemented...
EU leaders agree to step up defence efforts
Brussels: European Union leaders agreed on Monday to do more to bolster their defences against Russia and other threats by...
Bulgaria receives first F-16 Block 70 in Air Force modernisation effort
Sofia: Lockheed Martin has officially delivered the first F-16 Block 70 fighter jet to Bulgaria, marking a significant milestone in...
UK grocery inflation slows in January, says Kantar
London: The pressure on British consumers eased a little in January as a step-up in supermarket promotions meant grocery inflation...
Pakistan Britain Business Council delegation calls on President RCCI
Celina Ali Islamabad: President of the Rawalpindi Chamber of Commerce and Industry (RCCI), Usman Shaukat, held a meeting with the...
Chinese-built motorway inaugurated in Serbia
Henan Daily Zhengzhou: The Lajkovac-Valjevo motorway in Serbia, built by China's Shandong Hi-Speed Group, was officially inaugurated on Saturday, marking...
