Germany agrees $107bn fund to modernise military in face of Russia threat BERLIN: Germany’s government and conservative opposition have agreed a deal that will release 100 billion euros... Published 30 May, 2022 10:55am
Markets EU wheat higher with Chicago before US holiday PARIS: Euronext wheat rose on Friday to extend a rebound from a two-week low, supported by a rally in Chicago as... Published 29 May, 2022 05:50am
World French court upholds charge against Lafarge PARIS: A French appeals court confirmed Wednesday a charge of complicity in crimes against humanity against the... Published 19 May, 2022 05:29am
Business & Finance GSP Plus scheme: Minister to visit European capitals to muster support for extension ISLAMABAD: Minister for Commerce Syed Naveed Qamar will visit European capitals to muster support for extension in... Published 19 May, 2022 05:29am
Markets Uniper transfers euros to Gazprombank account to pay for gas FRANKFURT: Uniper (UN01.DE), Germany’s largest importer of Russian gas, is transferring euros to an account at... Published 17 May, 2022 11:34pm
Opinion For some European states, rising debt costs rekindle 2011 crisis memories The rise in European bond yields is alarming some economists, who warn that Italy and Greece in particular do not... Published 11 May, 2022 04:58am
Business & Finance SocGen boosts income but costs of Ukraine war rise PARIS: French lender Societe Generale beat first-quarter earnings expectations on Thursday but booked higher... Published 09 May, 2022 05:39am
Markets EU says pay for Russian gas in euros BRUSSELS: EU companies may be able to work around Russia’s demand to receive gas payments in roubles without... Published 24 Apr, 2022 05:36am
World Germany plans more than 100bn euros of aid for companies BERLIN: Germany plans to offer more than 100 billion euros ($108.8 billion) worth of aid to companies hit by fallout... Published 11 Apr, 2022 07:20am
World EU to lend Tunisia 450m euros and pledges investment TUNIS: The European Union plans to lend Tunisia 450 million euros ($500 million) to support its budget and invest 4... Published 31 Mar, 2022 07:33am
Markets Russia’s Gazprom seeks gas payments in euros from India’s GAIL NEW DELHI: Gazprom has asked India’s largest gas transmitter GAIL (India) to pay for gas imports in euros instead... Published 26 Mar, 2022 04:13am
Markets Euro mired while Ukraine war weighs on growth SINGAPORE: The euro was pinned near a 22-month low on Tuesday as war in Ukraine has darkened Europe’s economic... Published 08 Mar, 2022 10:10am
Markets Euro extends gains after Russia ends some army drills near Ukraine LONDON: The euro rebounded on Tuesday, nearly erasing all of Monday's losses, after reports that some Russian troops... Published 15 Feb, 2022 03:52pm
Markets Paris wheat rises on Russia-Ukraine risks, Polish prices down PARIS: Euronext wheat rose on Friday as continuing tensions between Russia and Ukraine kept attention on possible... Published 13 Feb, 2022 05:48am
World EU chief unveils 150bn-euro investment plan for Africa DAKAR: EU chief Ursula von der Leyen on Thursday unveiled plans to muster investment of more than 150 billion euros... Published 11 Feb, 2022 04:31am
Opinion Property ladder too high for central Europe’s first-time buyers Meera Sankar knew it was time to give up her dream of buying a home in Prague when she looked at a flat barely big... Published 10 Feb, 2022 04:40am
Business & Finance L'Oreal overcomes pandemic as sales, profits surge PARIS: French cosmetics and beauty products giant L'Oreal said Wednesday that its sales soared last year, surpassing... Published 10 Feb, 2022 12:10am
Business & Finance Sanofi sees strong earnings PARIS: French pharmaceutical group Sanofi posted strong 2021 sales on Friday and expects another good performance in... Published 07 Feb, 2022 05:22am
Business & Finance Italy’s bank promises shareholders 22bn euros MILAN: Intesa Sanpaolo, Italy’s biggest bank, said Friday it would pay its shareholders 22 billion euros ($25.2... Published 07 Feb, 2022 05:22am
Pakistan Over 0.6m euros recovered from Dubai-bound siblings KARACHI: Pakistan customs Saturday claimed to have recovered over 0.6 million euros from siblings, travelling to... Published 30 Jan, 2022 04:04am
Opinion Foreign banks face bigger capital bill under draft EU plan Foreign banks based in the European Union may have to hold more capital and liquidity under revisions to rules being... Published 30 Jan, 2022 04:04am
Business & Finance Norway sovereign wealth fund, world’s biggest, swelled in 2021 OSLO: Norway’s sovereign wealth fund, the world’s biggest, grew even larger last year as it earned close to a... Published 28 Jan, 2022 04:44am
World Money-laundering: UBS appeals against French verdict ZURICH: UBS has filed an appeal with France’s Supreme Court against last week’s decision by a Paris court that... Published 21 Dec, 2021 04:14am
Markets Dollar edges up, euro falls before central bank meetings The dollar edged higher on Monday as investors braced for a batch of central banks' policy meetings this week,... Published 13 Dec, 2021 03:55pm
Editorials Richest 1pc club EDITORIAL: It’s strange that on the one hand the pandemic, which is by no means over yet, has already increased... Published 12 Dec, 2021 04:19am
Markets EU wheat hits new highs as export supplies seen shrinking PARIS: Paris wheat futures extended a rally on Tuesday to new record highs as quality risks in Australia’s harvest... Published 24 Nov, 2021 05:18am
Markets Wheat futures remain firm; corn, soya dip CHICAGO: US and European wheat futures extended a rally on Thursday, with Paris prices setting a new 14-year high ... Published 19 Nov, 2021 04:35am
Markets China raises 4bn euros in bond deal HONG KONG: China finalised a three-tranche bond deal worth 4 billion euros ($4.63 billion) on Thursday, a term sheet... Published 11 Nov, 2021 12:06pm
Business & Finance Crypto market value tops $3trn for first time LONDON: The world cryptocurrency market is worth more than $3 trillion for the first time, according to calculations... Published 09 Nov, 2021 04:48am
World Ikea pays out 110m euros in Covid bonuses STOCKHOLM: Ikea will pay a total of 110 million euros ($128 million) in bonuses to employees worldwide as reward for... Published 30 Oct, 2021 04:37am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?