China’s upbeat economic prospects underpin yuan’s long-term strength
Beijing: Despite short-term fluctuations, the Chinese yuan has been able to maintain its basic stability in the longer term, thanks...
Business
Are UK university vice-chancellors really worth their pay?
London: European higher education leaders, such as university presidents and rectors, often earn a fraction of the generous salaries enjoyed...
Chinese Xinjian Jingyi Cheng Group to establish electric vehicle manufacturing plant, showrooms in Pakistan
Islamabad: The Chinese car manufacturing Xinjian Jingyi Cheng Group has announced plan to establish an electric vehicle manufacturing plant in...
PM warns crackdown on ‘smuggling industry’ as Torkham border reopens after 9 days
Celina Ali Islamabad: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday warned a consistent crackdown against illegal trade and said an...
UK: New visa fees set to come into effect next month
London: Increases to immigration and nationality fees to pay for vital services and allow more funding to be prioritised for...
EU regulator slaps TikTok with $368m fine for violating privacy laws
Brussels: The European Union’s lead regulator has slapped TikTok with a 345 million euro ($368m) fine for breaching laws on...
US reaffirms commitment to green shipping
Liaquat Ali Karachi: The United States reaffirmed its commitment to partnering with the Government of Pakistan and the port and...
Promotion of trade ties with Belgium stressed
Celina Ali Islamabad: President Pakistan-Belgium-Luxembourg Business Forum Mohammad A. Rajpar called on Ambassador of Pakistan to Belgium, Luxembourg and the...
EU launches probe into Chinese subsidies for electric vehicles
Brussels: The European Union has opened a probe into China’s subsidies for electric vehicle makers, amid concerns the payments are...
Italy committed to fund fighter jet programme with UK, Japan
London: Italy was committed to fund its share of the Italian-Anglo-Japanese fighter jet programme for 15 years, long enough for...
Ambassador Jakob Linulf meets Energy Minister to discuss cooperation
Celina Ali Islamabad: Ambassador of Denmark Jakob Linulf held a meeting with Minister of Energy Muhammed Ali Thursday at Power...
Sterling dips as UK economy shrinks more than expected
London: The pound weakened against the dollar on Wednesday after Britain's economy contracted at its sharpest rate in seven months...
China emerges as key investor in Pakistan’s digital sector
Beijing: “China has emerged as a key investor in Pakistan’s digital sector, with numerous successful collaborations and partnerships contributing to...
Chinese economy remains strong, resilient: Mao Ning
Beijing: The Chinese economy remains strong and resilient, with ample potential and vitality, and the fact that the fundamentals sustaining...
Is the UK still a hotbed for fintech innovation?
London: In early 2021, then Chancellor of the Exchequer, Rishi Sunak, announced a plan to supercharge fintech within the UK....
Italy, EU clash over ITA-Lufthansa case
Brussels: Lufthansa is to acquire a 41% stake in ITA Airways for an investment of €325 million, with an option...
Italy: New generation OPVs by Orizzonte Sistemi Navali
Rome: On 31 July, the Naval Armaments Directorate (NAVARM) of the Italian MoD’s General Secretariat of Defence /National Armaments Directorate...
7% of UK businesses saw global supply chain disruption in Jul: ONS
London: Sixty-seven per cent of trading UK businesses with 10 or more employees reported that they were able to get...
EU opens race to run its huge European Investment Bank
Brussels: Five candidates have come forward for the post of president of the huge European Investment Bank, Belgian Finance Minister...
Australian PM keen to ink EU free trade agreement ‘as soon as possible’
Sydney: Australian Prime Minister Anthony Albanese has said that prospects of inking a free trade agreement with the European Union...
Italy: Meloni wants Lufthansa-ITA deal cleared for takeoff
Rome: Italian Prime Minister Giorgia Meloni questioned on Sunday why European authorities had not cleared a deal for Germany's Lufthansa...
PM announces new easy visa regime for businessmen
Celina Ali Islamabad: Caretaker Prime Minister Anwaar-ul-Haq Kakar here on Saturday announced a new easy visa regime for foreign businessmen...
UK agrees new strategic partnership with Singapore
London: The Prime Minister has signed a new strategic partnership with Singapore to grow the UK’s economy and enhance shared...
UK’s Sunak says hard work needed to secure India trade deal
London: British Prime Minister Rishi Sunak said on Saturday he was confident a free trade deal with India could be...
EU formally adopts law requiring Apple to support USB-C chargers
Brussels: EU has adopted a landmark law that will require Apple and other manufacturers to adopt USB-C as a universal...
EU takes aim at Russian ‘cynicism’ on Black Sea grain deal at G20
Brussels: The European Union castigated Russia on Saturday for pulling out of the Black Sea grain deal, calling its offer...
Pakistan to attract tech companies to set up manufacturing units: Ambassador Haque
Beijing: Pakistan is committed to its “Digital Pakistan” vision, tapping into its young and enterprising population and have established the...
EU’s Michel says hard to predict if G20 can agree on declaration
Brussels: It is hard to say if G20 leaders gathering in New Delhi this weekend can reach consensus on a...
EU has no immediate plans to ban Russian LNG, says Spain’s Ribera
Brussels: The European Union has no short-term plan to ban Russian liquefied natural gas (LNG) despite soaring imports to the...
EU and UK reach deal on Copernicus
Washington: The European Union and the United Kingdom have reached a deal that will allow the UK to resume participation...
