Telecommunication company Primetel finds itself in troubled waters as it was placed under administration on Tuesday, July 18, following a…
Europe struggles to convert Ukraine migration into labour boon
European countries have not fully seized on the opportunity to plug workforce gaps presented by the arrival of millions of…
Made in Russia? Chinese cars drive a revival of Russia’s auto factories
The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by Moscow’s mayor…
Cabinet approves double taxation treaty with Oman
The Cabinet on Wednesday approved an agreement for double taxation avoidance and the prevention of tax evasion regarding income taxes…
EuroAsia Interconnector signs €1.43-billion contract with Nexans
EuroAsia Interconnector announced it has awarded Nexans a €1.43-billion contract for the construction and installation of High Voltage Direct Current…
Tesla lays out steps to building Europe’s biggest car plant
Tesla has requested approval from German local authorities to make sweeping changes to its factory near Berlin, a key next…
France to raise regulated household electricity prices by 10% from August
The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official told…
Price decreases recorded in some products on month-on-month basis
The June 2023 Consumer Protection Observatory recorded price decreases for some products compared to last month. The observatory presents the…
World Bank chief Banga unveils new plans to boost lending ‘firepower’
World Bank President Ajay Banga unveiled new plans on Tuesday to stretch the bank’s balance sheet and help countries tackle…
Cyprus on high alert over EuroAsia interconnector’s uncertain future
Cyprus is on high alert over the uncertain future of the ambitious EuroAsia interconnector project’s delayed implementation which has annoyed…