The German government on Wednesday slashed its 2024 forecast for Europe’s largest economy, saying it will contract for a second straight year before a recovery gets under way in 2025. Output is expected to shrink by 0.2 percent in 2024, the economy ministry said in a statement, a sharp downgrade from the 0.3-percent expansion previously…
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MG Motor, BYD and other Chinese electric car manufacturers say they will maintain their low sticker prices in Europe even after being hit with hefty tariffs this month. MG, the best-selling Chinese electric car brand in Europe, says it will guarantee its prices until the end of 2024, having stockpiled cars before the duties took…
Presidents of Uzbekistan and Belarus discuss key issues of bilateral cooperation Photo: Archive, Press Service of the President of Uzbekistan Tashkent, Uzbekistan On 30 August, a telephone conversation took place between the President of the Republic of Uzbekistan Shavkat Mirziyoyev and the President of the Republic of Belarus Alexander Lukashenko. At the start of the…
Tashkent, Uzbekistan A meeting took place between the leadership of Uzbekneftegaz and the international consulting firm KPMG, focusing on enhancing collaboration and transforming the company’s business processes. Particular attention was given to implementing advanced international practices and strategic solutions to meet global market requirements. KPMG, a leading global provider of audit, tax, and legal services,…
The advisory council has given the final approval in principle to the draft of the Interim Government Ordinance, 2024. This approval was given during a meeting of the Advisory Council held on Thursday (19 September), presided over by Chief Adviser Prof Muhammad Yunus, said a press release. According to the press release from the Cabinet…