Business

Portugal Buys Three Frigates from Italy’s Fincantieri in New Deal

Portugal is set to enhance its naval strength through the acquisition of three Evo-class frigates from the Italian shipbuilder Fincantieri. This move is part of a broader effort to...

Tech Sell-Off Intensifies, Global Stocks Drop Amid Middle East Unrest

Global stock markets took a downturn on Thursday, led by declines in technology shares and compounded by renewed...

Thailand Pushes for EU Investment with Infrastructure Expansion and FTA Negotiations

In a significant step towards enhancing economic ties, Thai Prime Minister and Interior Minister Anutin Charnvirakul held discussions...

Bulgaria Boosts Exports by 7.4% Amid Import Surge Early 2026

Bulgaria experienced a continued rise in its export activity during the first five months of 2026, as total...

Pashinyan Travels to Russia as Trade, Diplomatic Tensions Rise

Armenian Prime Minister Nikol Pashinyan has embarked on his inaugural visit to Russia following his re-election, traveling to...

EU Grants Azerbaijan €200 Million for Enhanced Connectivity and Investments

The European Union is set to bolster its support for Azerbaijan with a significant financial commitment, as announced by European Commission President Ursula von...

EU Automakers Demand UK Exemption from Upcoming European Car Regulations

The European automotive sector has made a strong appeal to the European Union to allow the United Kingdom an exemption from the impending "Made...

EU Slashes Steel Import Quotas, Boosts UK and Partners Amid China Worries

The European Union has decided to slash the volume of duty-free steel imports from international suppliers by 50% in a move to shield its...

EU Urges Diversification to Cut Dependence on Chinese Supply Chains

The European Union is taking significant steps to bolster its supply chain resilience by decreasing its heavy reliance on China, particularly in critical materials...

India, EU Aim to Finalize Free Trade Deal, Enhance Global Trade Vision

In a significant development, India and the European Union have resolved to expedite the finalization of a much-anticipated Free Trade Agreement (FTA) by the...

Eurozone Inflation Worries Prompt ECB to Hike Interest Rates Amid Iran Crisis

The European Central Bank (ECB) has implemented its first interest rate hike since 2023, marking a decisive move to tackle the surging inflation fueled...