ECB, BoE raise interest rates LONDON: The European Central Bank and Bank of England raised its key interest rates on Thursday and indicated that... Published 16 Dec, 2022 05:58am
World Ukraine downs swarm of attack drones over Kyiv KYIV: Ukraine said Wednesday it had shot down multiple Iranian-made drones launched at the capital by Russian troops... Published 15 Dec, 2022 07:41am
World EU vows investment in push to boost SE Asia ties BRUSSELS: The EU vowed billions of dollars of investment in southeast Asia Wednesday, as leaders looked to bolster... Published 15 Dec, 2022 07:19am
Opinion Russian oil sold to India below price cap in buyers’ market Russia’s flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil... Published 15 Dec, 2022 06:45am
World EU parliament sacks VP charged in Qatar bribe probe STRASBOURG (France): The European Parliament on Tuesday sacked one of its own vice presidents amid corruption... Published 14 Dec, 2022 06:37am
Opinion COP15 debates whether biodiversity credits can put a value on nature As the UN COP15 summit in Montreal aims to halt rapid destruction of nature and restore degraded lands, some experts... Published 14 Dec, 2022 05:57am
World Qatar graft probe damages European Parliament, EU ministers say BRUSSELS: The European Union’s credibility is at stake, EU foreign ministers warned on Monday, following... Published 13 Dec, 2022 07:36am
Print Europe can do without Russian gas: IEA PARIS: Europe faces a major shortfall of natural gas in 2023 if Russia completely cuts off deliveries but has... Published 13 Dec, 2022 05:58am
World Belgian graft investigators search EU parliament offices BRUSSELS: Belgian investigators on Monday searched offices of the European Parliament as part of a probe into ... Published 12 Dec, 2022 10:19pm
World Serbs in Kosovo clash with police as ethnic tensions flare MITROVICA (Kosovo): Serb protesters in northern Kosovo blocked main roads for a second day on Sunday following a... Published 12 Dec, 2022 07:51am
World EU parliament arrests spark calls for tighter controls over MEPs BRUSSELS: The arrest of a European Parliament vice-president and four others linked to a corruption probe ... Published 10 Dec, 2022 11:42pm
Print Russia could cut oil production over West’s ‘stupid’ price cap MOSCOW: Russia, the world’s biggest exporter of energy, could cut oil production and will refuse to sell oil to any... Updated 10 Dec, 2022 09:56am
Markets China buys Russian oil at multi-month low discounts, brushes off price cap SINGAPORE: China is paying the deepest discounts in months for Russian ESPO crude oil amid weak demand and poor... Published 09 Dec, 2022 05:58am
Business & Finance ‘The worst is yet to come’: the curse of high inflation NEW YORK: Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials... Published 09 Dec, 2022 05:58am
Business & Finance Euro zone yields hover near lowest levels in months ahead of ECB meeting LONDON: Euro zone government bond yields held steady near their lowest levels in months on Thursday as investors... Published 09 Dec, 2022 05:58am
Opinion World economy faces more pain in 2023 after a gloomy year This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was... Published 08 Dec, 2022 06:29am
Markets Meta Platforms, banks pull Wall Street lower NEW YORK: Wall Street’s main indexes fell on Tuesday, dragged down by shares of Meta Platforms and banks, while... Published 07 Dec, 2022 07:18am
Opinion Russian oil sanctions fuel boom for old tankers The market for old oil tankers is booming, and it’s all down to efforts by Western nations to curb trade in ... Updated 06 Dec, 2022 06:32am
Markets EU countries considering lowering gas price cap BRUSSELS: European Union countries will consider on Friday a proposal for a gas price cap slightly lower than a... Published 05 Dec, 2022 05:47am
Markets Egypt’s index outperforms regional peers DUBAI: Egypt’s blue-chip index outperformed regional peers to close higher on Sunday, while Saudi and Qatari ... Published 05 Dec, 2022 05:47am
Business & Finance OPEC set to stick or cut more amid plan to cap Russian oil price LONDON: Major oil producers are expected to stick to their current output strategy or even slash production further... Updated 03 Dec, 2022 09:58am
World Biden, Macron pledge ‘unwavering’ alliance, but trade dispute looms WASHINGTON: President Joe Biden greeted President Emmanuel Macron at the White House on Thursday with full-scale... Published 02 Dec, 2022 07:44am
Markets Asia crude oil imports hit record high LAUNCESTON, (Australia): Asia’s crude oil imports most likely rose to a record high in November, but much of the... Published 02 Dec, 2022 07:29am
Business & Finance Eurozone inflation falls for first time in 17 months BRUSSELS: The eurozone annual inflation rate fell for the first time in 17 months in November as it slowed to 10... Published 01 Dec, 2022 07:08am
World EU warns Musk that Twitter must obey disinfo rules BRUSSELS: Europe's top official for enforcing digital regulation warned Twitter boss Elon Musk on Wednesday that he... Published 01 Dec, 2022 12:28am
Business & Finance EU uncovers 2.2-bn-euro cross-border tax fraud BRUSSELS: The EU on Tuesday announced the discovery of a sophisticated 2.2-billion-euro ($2.3-billion) VAT tax fraud... Published 30 Nov, 2022 05:53am
World Cocaine ‘super-cartel’ busted in Europe, Dubai: Europol THE HAGUE: Police have smashed a huge drugs “super-cartel” that controlled around a third of Europe’s cocaine... Published 29 Nov, 2022 05:57am
Opinion Dutch court backs squatters in Russian tycoon’s mansion The elegant house overlooking Amsterdam’s iconic Vondelpark would fit in nicely with its neighbouring dwellings,... Published 27 Nov, 2022 06:27am
World EU chief Michel to head to China for Xi meeting BRUSSELS: EU chief Charles Michel will meet President Xi Jinping in Beijing next week to seek help on ending... Published 25 Nov, 2022 06:26am
World Russia declared ‘terror’ state by EU lawmakers, batters Ukraine grid KYIV: Russian strikes across Ukraine on Wednesday battered the country’s already failing electricity grid, leaving... Published 24 Nov, 2022 04:28am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?