ComfortDelGro hires black cab provider for $461 million
Singapore: Transport operator ComfortDelGro is acquiring Addison Lee, a premium private hire, courier and black taxi provider in the United...
Business
French government considers forcing through budget bill after tax on rich vote
Paris: France's minority right wing government suffered a major blow when left wing and centrist deputies united to make a...
Bulgaria’s Odessos Shiprepair Yard boosts 9-mo net profit 16% y/y
Sofia: Bulgaria's Odessos Shiprepair Yard said on Wednesday that its net profit grew to 16.5 million levs ($9.1 million/8.4 million...
Italy’s banking lobby chief sees rising competition for term deposits
Florence: The head of Italian banking association ABI said on Wednesday banks would have to compete harder to secure medium-...
Why global giants are betting on Italy for data centres
Rome: Italy is becoming a key data centre hub, with €30 billion in investments and government plans to tackle energy...
Minister visit a boost for Sino-UK ties
On Friday, Lammy had meetings with Chinese Vice-Premier Ding Xuexiang and Foreign Minister Wang Yi. During these meetings, both sides...
Deloitte has cut about 250 employees
Deloitte has cut about 250 employees in the UK who were deemed to be underperforming, marking at least the third...
China’s central bank conducts first swap facility transaction
The People's Bank of China, the country's central bank, has launched the first operation of a new swap facility aimed...
UK economic forecast boosted by IMF
The International Monetary Fund (IMF) has upgraded its projection for UK growth this year by 0.4% to 1.1% - the...
Britain aims to reset trade relations with EU
Britain is urgently seeking to reset its trading relationship with the European Union, viewing international commerce as essential for reviving...
Modern pressures burden donkey business
There are just shy of six million donkeys in Pakistan, according to government estimates, one for every 40 people in...
Pakistan sets Jan. 1, 2028 deadline to eliminate ‘riba’ or interest from country
Islamabad: Pakistan’s parliament on Sunday passed a historic constitutional amendment bill that stipulates that all forms of “riba” or interest...
German company’s Chinese success story
Over the past 28 years, Flender, a leading global supplier of mechanical drive systems, has flourished in Tianjin, growing from...
China cuts benchmark loan prime rates by 25 bps
China cut its benchmark lending rates by 25 basis points on Monday, as authorities intensified monetary support to bolster the...
China’s auto industry accelerates toward intelligent transformation
Having surged to the forefront of the global new energy vehicle (NEV) market with their outstanding performance, Chinese automakers are...
Flower business thrives in China’s Dounan
The air is charged with anticipation as an auction commences at the Kunming International Flora Auction Trading Center in Kunming,...
Staggering cost of Britain’s Brexit divorce revealed – and there’s billions more to pay EU
Sir Keir Starmer has come under pressure to publish the true costs of Brexit after a minister confirmed Britain has...
Greece’s minimum wage to have grown 46% by 2027
A first round of dialogue with all national social partners is under way, with the main topic of discussion being...
Graphics: Three pillars of China’s pension system
The Financial Street Forum 2024 is being held from October 18 to 20 in Beijing. On the second day of...
Investors, exporters urge more aggressive approach from China
As Beijing strives to revive its economy with a slew of stimulus measures, private and foreign entrepreneurs remain cautious about...
Kazakhstan, China Strengthen Cooperation in Investments
Kazakhstan and China reviewed their expanding partnership in industrialization and investment during the 21st meeting of the Kazakh-Chinese Coordinating Committee,...
Greece’s Tourism Success Tied to Expanding U.S. and Asian Markets
Its findings reveal that travelers to these destinations are becoming increasingly demanding, expecting high-quality travel experiences while also seeking authenticity.Greece’s...
Italy at the forefront of the ecological transition and global green economy
Italy reaffirms its position as a leader in the circular economy. These figures reflect the commitment of Italian companies, which,...
Zardari calls for increasing B2B ties with TurkmenistanIslamabad:
President Asif Ali Zardari has underlined the importance of increasing economic cooperation and business-to-business relations between Pakistan and Turkmenistan for...
SCO backs China’s Belt & Road Initiative
Islamabad: Leaders of the Shanghai Cooperation Organisation (SCO) on Wednesday reaffirmed their strong support for China’s Belt and Road Initiative...
Successful SCO summit takes PSX to record
Karachi:Pakistan Stock Exchange (PSX) on Wednesday reached a new record high as it rose over 350 points in an earnings...
Pakistan, Iran to work in regional markets
Islamabad:Pakistan and Iran have discussed the potential for engaging in further close cooperation between the two countries in regional markets...
Italy stiffens terms of digital services tax in 2025 budget
Italy will strengthen its digital services tax as part of plans to raise more revenues in the 2025 budget, Deputy...
Pakistan bolsters regional ties with Tajikistan, Belarus, Kyrgyzstan at SCO summit
PM Shehbaz Sharif meets his counterparts while President Asif Ali Zardari, COAS Gen Asim Munir hold meetings as well prime...
SCO moot: boon for Pakistan
The convening of the SCO conference in Pakistan represents a watershed moment, heralding a plethora of benefits for the host...
