EU commission clears Germany’s 49bn euro support scheme for businesses PARIS: Germany’s massive financial support scheme for businesses grappling with the economic fallout of Russia’s... Published 21 Dec, 2022 09:18pm
World Amazon strikes deal with EU to close anti-trust probes BRUSSELS: Online retail giant Amazon has reached an agreement with the European Commission to close two inquiries... Published 20 Dec, 2022 06:38pm
Business & Finance EU lifts ban on one more Pak seafood company KARACHI: The European Commission has lifted ban on one more Pakistan’s seafood company to permit its export into... Updated 20 Dec, 2022 10:30am
World Ukraine races to restore power after Russian missiles batter grid KYIV: Ukraine worked Saturday to restore electricity and water supplies after Russia's latest wave of attacks ... Updated 18 Dec, 2022 12:08pm
Print Four leaders sign agreement to bring green Azeri energy to Europe BUCHAREST: The leaders of Azerbaijan, Georgia, Romania and Hungary signed an agreement on Saturday on the... Published 18 Dec, 2022 03:36am
World EU steps up WTO case against China over patents, Lithuania BRUSSELS: The European Commission said on Wednesday it had requested the formation of adjudicating panels at the... Published 08 Dec, 2022 09:00am
World EU fund makes first 1.2bn euro defence investments BRUSSELS: The European Commission announced Monday the first 1.2 billion euros ($1.25 billion) in investments from... Published 05 Dec, 2022 11:26pm
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 EU 2022/23 soft wheat exports up PARIS: Soft wheat exports from the European Union in the 2022/23 season that started on July 1 had reached 13.63... Published 23 Nov, 2022 05:55am
World Brussels proposes 18bn euro Ukraine aid package BRUSSELS: The European Commission on Wednesday released details of an 18-billion-euro ($18-billion) economic support... Published 09 Nov, 2022 07:05pm
Business & Finance PIA flights to Europe likely next year KARACHI: PIA’s flights to Europe are likely to be resumed by next year as a top delegation of the Pakistan Civil... Published 25 Oct, 2022 05:51am
World EU agrees ‘roadmap’ to contain energy prices BRUSSELS: EU leaders on Friday reached agreement on a “roadmap” aimed at putting in place measures within weeks to... Published 21 Oct, 2022 10:06am
World EU proposes energy measures BRUSSELS: The European Commission proposed another set of emergency measures on Tuesday to tackle high energy ... Published 19 Oct, 2022 05:54am
World EU’s von der Leyen to press EU leaders on gas price cap BRUSSELS: European Commission President Ursula von der Leyen will impress upon EU leaders meeting this week the need... Published 05 Oct, 2022 02:20pm
World Hungary to submit new laws to unlock EU funds next week: PM aide BUDAPEST: Hungary’s government will submit new laws to parliament next week to end a stand-off with the European... Published 17 Sep, 2022 06:07pm
World Rebuilding Ukraine after Russian invasion may cost $350bn, experts say WASHINGTON: Russia's invasion caused over $97 billion in direct damages to Ukraine through June 1, but it could cost... Published 09 Sep, 2022 11:39pm
Markets German minister writes to Brussels over VAT exemption for gas levy BERLIN: German finance minister Christian Lindner has written to the European Commission seeking permission to waive... Published 15 Aug, 2022 05:41am
Print Normalization of Pakistan-India relations: Greater role of European Commission sought Lawmakers of the EU Parliament say a renewed attempt at peace talks is needed more than ever Updated 07 Aug, 2022 01:14pm
Business & Finance EU countries rewrite plan to cut gas demand Move comes as Europe prepares for a winter of uncertain supplies from its main gas supplier Russia Updated 26 Jul, 2022 11:39am
World EU approves smallpox vaccine for use against monkeypox COPENHAGEN: The European Commission has approved a smallpox vaccine for use against monkeypox after the World Health... Published 25 Jul, 2022 02:33pm
Business & Finance Orange and MasMovil sign $19bn merger deal in Spain PARIS/MADRID: Orange and MasMovil have signed a binding agreement to combine operations in Spain in a deal valuing... Published 25 Jul, 2022 06:12am
World EU chief urges Ukraine to speed anti-corruption reform KYIV: The president of the European Commission Ursula von der Leyen told Ukraine’s parliament on Friday that EU... Published 01 Jul, 2022 02:09pm
Business & Finance Five countries seek to delay EU fossil fuel car phase-out BRUSSELS: Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a European Union plan to effectively ban the... Published 25 Jun, 2022 04:42am
World EU to give fast-tracked opinion on Ukraine membership bid KYIV: The European Commission will meet Friday to give its fast-tracked opinion on Ukraine’s bid for EU candidacy, a... Published 17 Jun, 2022 10:57am
World AstraZeneca says EU regulator approves COVID shot as booster Drugmaker AstraZeneca said on Monday its COVID-19 vaccine, Vaxzevria, has been approved in the European Union by the... Published 23 May, 2022 12:27pm
Markets Oil prices recoup losses on renewed supply worries, dollar weakness NEW YORK: Oil prices rebounded from earlier losses on Thursday as Chinese officials planned to ease restrictions in... Updated 19 May, 2022 09:38pm
World EU clarifies how companies can legally pay for Russian gas BRUSSELS: The European Commission has explained how EU companies can pay for Russian gas without breaching the... Published 17 May, 2022 12:28pm
World EU offers concessions to Hungary, Slovakia, Czech Republic on oil embargo BRUSSELS: The European Commission has amended a proposal for an embargo on Russian oil to extend the period before... Published 06 May, 2022 01:52pm
World Zelensky says EU suspending import duties will help ‘maintain’ Ukraine economy KYIV: Ukrainian President Volodymyr Zelensky on Wednesday welcomed EU plans to suspend import duties on Ukrainian... Published 28 Apr, 2022 12:12am
Business & Finance Country has failed to fully benefit from GSP+ status: PBF KARACHI: Vice President of the Pakistan Businesses Forum (PBF) Ahmad Jawad has said the European Commission and... Published 27 Apr, 2022 06:11am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?