Italy greenlights project for a new rail freight hub in Piacenza
Rome: The Italian Ministry of Transport approved a plan to create a rail freight station in Piacenza, a city located...
Business
Pakistan aims to save Rs 200 billion annually by stopping coal import
Islamabad, July 22: Pakistan is aiming to save Pakistani Rs 200 billion annually by shifting to local coal and stopping...
Portugal plans to raise share of renewables in electricity consumption to 93% by 2030
Lisbon: Portugal plans to raise the contribution of renewables in electricity consumption to 93% by 2030, as part of its...
UAE hopes to reactivate trade talks with EU this year
Dubai: The United Arab Emirates hopes to reactivate trade talks with the European Union by the end of the year,...
Italy unveils strategic plan for AI development
Rome: The Italian government has released a comprehensive plan to enhance AI capabilities across research, public administration, enterprise, and education....
Indonesians who paid thousands to work on UK farm sacked within weeks
London: Indonesian workers who paid thousands of pounds to travel to Britain and pick fruit at a farm supplying most...
Growing UK’s services-based economy was never going to be easy
Larry Elliott London: I’m due a haircut and in the past week received a message from my barber containing the...
Portugal’s hotel sector bouncing back, driven by interest from international investors
Lisbon: Tourism in Portugal is bouncing back from the COVID-induced lull and has been outperforming previous records. A recent study...
UK defence minister to discuss fighter programme with Italy, Japan
London: Britain's new defence minister will meet with counterparts from Japan and Italy this week to discuss a joint fighter...
China remain top source of imports for Pakistan in fiscal year 2023-24: SBP
Islamabad: Among top trading partners, China remained the top source of imports for Pakistan during the fiscal year 2023-24, official...
UK airports set to be busy after IT outages
London: Airports are expected to be busy over the weekend after massive outages hit computer systems globally. Journeys could still...
UK: National Lottery website and app goes down
London: National Lottery players have reported being unable to access its app and website after the group saying earlier it...
EU and Serbia aim to mine lithium together
Belgrade: The European Union and Serbia are looking to join forces to develop one of Europe’s largest lithium deposits, worth...
IOM chief welcomes further protection of migrants in Greece under landmark partnership
Athens: Following a two-day visit to Athens, Greece, Amy Pope, Director General of the International Organization for Migration (IOM), welcomed...
Bulgaria: Sofia airport unscathed by global IT outage
Sofia: Bulgaria's Sofia Airport said on Friday it has not been affected by the global computer outage that is creating...
UK government debt highest since 1962
London: The UK's national debt has reached its highest level since 1962, according to new official figures. The total stock...
Italy: EPPO uncovers €8.8 million VAT fraud involving cleaning products and beverages
Venice: At the request of the European Public Prosecutor’s Office (EPPO) in Venice (Italy), two individuals were arrested today in...
Finance Minister Chairs Steering Committee for FCDO-Funded Remit Programme
Celina Ali Islamabad: Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired the first steering committee of the FCDO-...
China welcomes more foreign tourists: spokesperson
Beijing: China welcomes more foreign friends and hopes they will unlock their own unique "China Travel" experience, a foreign ministry...
Pound hits highest level against dollar for a year
London: The pound hit its highest level against the dollar in a year as investors bet on UK interest rates...
Portugal: Immigration documents automatically extended again
Lisbon: The government of Portugal again extended the validity of immigration documents and visas, now to June 30, 2025. As...
New passenger car registrations in Bulgaria in H1 2024 up 30.8%
Sofia: There were 23 047 new passenger car registrations in Bulgaria in the first half of 2024, an increase of...
Heatwave poses big challenge for Greece’s delivery workers
Athens: Yannis Asimakopoulos has worked as a food delivery driver in Athens for 17 years and cannot recall a hotter...
Italy reduced steel production by 3.6% in June
Rome: Italian steelmakers reduced steel production by 3.6% in June 2024 compared to the previous month, to 1.85 million tons....
UK inflation pressures remain, reducing chance of August rate cut
London: British inflation held at 2 per cent in June, defying forecasts for a slight fall, and strong underlying price...
The UK has a shipping pollution problem. Is the new government ready to solve it?
London: Blánaid Sheeran, Opportunity Green’s policy officer, explains why the new UK government has all evidence it needs to support...
Italy to host business forum with Vietnam as global trade dynamics shift
Rome: Italian Deputy Prime Minister and Minister of Foreign Affairs, Antonio Tajani, announced plans to organise a business forum with...
China requests WTO to establish panel regarding dispute over U.S. Inflation Reduction Act
Beijing: China has requested the World Trade Organization (WTO) to set up an expert panel regarding new energy vehicle (NEV)...
UK grocery inflation falls to lowest in nearly 3 years
London: Grocery price inflation fell to its lowest level since September 2021 in a further sign of easing cost pressures,...
Bulgaria’s Elana Agrocredit land buy financing plunges y/y in June
Sofia: Bulgarian agricultural leasing company Elana Agrocredit said it signed deals to finance agricultural land purchases worth a total of...
