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Coronation impact: UK economy shrinks slightly

THE UK economy shrank slightly in May, hit partly by an extra public holiday for the coronation of King Charles III, official data showed...
Business

Virgin Atlantic ends operations in Pakistan

VIRGIN ATLANTIC ended its operations in Pakistan with the British carrier’s last flight taking off from Islamabad to London’s Heathrow Airport last Sunday (9). A...
Business

Foxconn targets India’s chip scheme after split with Vedanta

FOXCONN said it intends to apply for incentives under India’s semiconductor production plan, a day after the Taiwanese firm split with Vedanta on a...
Business

Delhi and Colombo eye deals over sustainable energy and infrastructure projects

SRI LANKA is likely to discuss energy, power and port projects during a presidential visit to New Delhi next week, the foreign minister said...
Business

Bank of England says economy can withstand major shock

BRITAIN’s economy is so far proving resilient to asurge in interest rates over the past year and a half, but it will take time...
Business

Issa brothers planning to set up hydrogen fuel stations

BLACKBURN’S billionaire Issa brothers are believed to be eyeing investment in the new age fuel supply system to support the de-carbonisation efforts of the...
Business

India, UK agree to add momentum to FTA talks

INDIA and the UK have agreed to add momentum to the ongoing free trade agreement (FTA) negotiations. Indian commerce and industry minister Piyush Goyal tweeted...
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