TerraPay expands operations in Italy
Rome: Global payments infrastructure company TerraPay has announced it has secured an Electronic Money Institution (EMI) license to operate in...
Business
Italy offers support to resolve Gotthard tunnel problems
Rome: The Italian government has pledged to help resolve problems in the Gotthard tunnel following last Thursday's derailment of a...
Caretaker PM terms increase in foreign investment as govt’s foremost priority
Celina Ali Islamabad: Caretaker Prime Minister Anwaar-ul-Haq Kakar has expressed the resolve to take necessary steps to increase foreign investment...
UK wages grow at a record pace, nearing the inflation rate
London: Wages in the United Kingdom grew 7.8% in the three months to June, the fastest annual rate since records...
UK: New building requirements for separate male and female toilets
London: The government announced Monday it is acting to bring forward changes to regulations that will mean all new non-domestic...
UK watchdog kicks off ‘politically-exposed persons’ review
London: Britain's Financial Conduct Authority said on Monday it will ask lawmakers to report any problems they have opening or...
Exporters from Morocco unable to participate in EU tradeshows due to visa issues
Brussels: Exporters from Morocco who need a Schengen visa in order to be able to enter the bloc have expressed...
EU ice cream production grew by 5% in 2022
Brussels: In 2022, the EU produced 3.2 billion litres of ice cream, marking a 5% increase from the previous year....
Italy: Meloni defends windfall tax move against banks
Rome: Italy’s prime minister, Giorgia Meloni, has doubled down on a shock decision to introduce a 40% windfall tax on...
Italy: Mount Etna eruption forces closure of Sicily airport
Rome: The airport at Catania in Sicily, a top Italian tourist destination, has halted all flights after a new eruption...
Chinese companies want to import meat, chili, other products from Pakistan: Ghulam Qadir
Beijing: Many Chinese enterprises want to import meat, chili and other products from Pakistan and are ready to set up...
China’s Huawei announce 2023 H1 business results
Beijing: China’s telecommunication giant Huawei announced its business results for the first half of 2023 in Shenzhen, China on Friday....
China resumes outbound group tours to Pakistan
China Economic Net Beijing: China’s Ministry of Culture and Tourism announced that China will resume outbound group tours for Chinese...
Iran can cooperate with Pakistan and China in many sectors: Iranian Consul General
Lahore: Iran can cooperate with Pakistan and China in many sectors including energy, infrastructure projects, and many other fields by...
UK renewable energy investment lagging behind rest of world, data shows
London: The UK’s investment in renewable energy has lagged significantly behind the rest of the world in recent years, according...
UK set to do more with Malaysia on trade: New UK envoy
London: British High Commissioner-designate to Malaysia Ailsa Terry arrives excited about the ever-growing UK-Malaysia relationship. In particular, she hopes to...
EU can fight Big Oil’s lawfare by ending the money train
Brussels: By suing governments due to climate action, fossil fuel firms are biting the hand that feeds them. There’s a...
EU delivers Ukraine 224,000 shells under ammo plan
Brussels: The EU has delivered Ukraine 223,800 shells under the first part of a plan to provide a million artillery...
Italy signs preliminary deal with KKR to take up to 20% of TIM’s grid
Milan: The Italian government could end up with a stake of as much as 20% in Telecom Italia's landline grid...
GDI delegation meets Chinese envoy, discuss cooperation
Islamabad: The newly appointed Global Development Initiative (GDI) Parliamentarian group, a sub-group of the National Taskforce on Sustainable Development Goals...
UK considers response to US ban on tech investments in China
London: Britain said on Thursday it was weighing how to respond to a decision by U.S. President Joe Biden to...
UK retailer Wilko collapses, putting 12,000 jobs at risk
London: British household goods discount retailer Wilko said it had fallen into administration on Thursday, putting its 400 stores and...
EU to analyse US tech curbs in China, says issue also key to Europe
Brussels: The European Commission will analyse the U.S. ban on new U.S. investment in China in sensitive technologies as the...
Moldova increases cherry supplies to the EU by 12.5 times in 2023
Brussels: The supply of Moldovan cherries to the EU in 2023 increased 12.5 times compared to the previous year. This...
Tourist in Italy hit with shock restaurant fee — for cutting his sandwich in half
Rome: A traveler in Italy took to the internet to vent after noticing he’d been slapped with a surprise 2...
Pakistani mangoes to go on display in China
Islamabad: Pakistan pavilion will exhibit mangoes at Eurasia Festival scheduled to be held from August 17-21 in Urumqi, capital city...
Spending power to surge in London but plunge in other regions
London: The spending power of workers in some parts of the UK will still be below the level it was...
UK power flows set to swing to exports until start of winter
London: The UK is forecast to become a net exporter of electricity over coming months, reflecting cheaper carbon costs for...
Italy’s Meloni defends bank windfall tax raid
Rome: Prime Minister Giorgia Meloni on Wednesday defended the decision to impose a surprise windfall tax on profits at Italy's...
PM invites Saudi govt, firms to avail investment opportunities in Pakistan
Liaquat Ali Islamabad: Prime Minister Shehbaz Sharif on Tuesday invited Saudi government and companies to avail the investment opportunities in...