As Air Malta prepares to shortly announce its increased Summer flying programme, the Airline has announced its May schedule. The Parisian airport of Orly is the latest addition to the…
BEIJING, April 16 (Reuters) - Property purchases in China funded through bank loans fraudulently obtained by speculators are fuelling already red-hot real estate markets in its biggest cities and beginning…
In a study conducted by the Association of Catering Establishments (ACE) in collaboration with a number of suppliers it transpires that between March 2020 and March 2021 approximately 19 percent…
South Korea's Hyundai Motor Group said on Thursday it plans to launch electric vehicles (EVs) in China every year starting 2022 to enhance its presence in the world's biggest car…
Global oil prices could drop to around $40 a barrel by 2030 if governments push to reduce fuel consumption in step with U.N.-backed plans to limit global warming, a leading…
Irish unemployment will remain above pre-pandemic levels until at least 2025, reflecting some scarring from the crisis that will see national debt peak among the highest levels in the developed…
Hungarian low cost airline Wizz Air forecast flying would only recover gradually into late summer, as the travel industry enters a second year of pandemic restrictions. Wizz Air said on…
e German economy probably shrank by 1.8% in the first quarter because of COVID-19 restrictions, leading economic institutes said on Thursday as they revised their joint growth forecast for Europe's…
ANKARA (Reuters) - Turkey's central bank banned the use of cryptocurrencies and crypto assets to purchase goods and services, a week after Turkish authorities demanded user information from trading platforms.…
Hopes that the great British getaway would be possible this summer grew on Wednesday, with easyJet predicting that most of Europe would be open for travel and British Airways confident…
Qantas Airways Ltd said it expected domestic travel would top pre-pandemic levels next financial year as it raised its forecast for the current quarter on the back of strong demand…
Oil prices were lower on Thursday though holding near one-month highs after futures jumped in the previous as the International Energy Agency (IEA) and others upgraded forecasts for oil demand…
South Korea's SsangYong Motor has been put under court receivership, the Seoul Bankruptcy Court said on Thursday, in an attempt to rehabilitate the car maker after majority owner Mahindra and…
Gold prices edged higher on Thursday buoyed by a weaker dollar, while investors awaited U.S. weekly jobless claims and March retail sales data for further clarity on the recovery in…
Vaccine rollouts are brightening the outlook for global oil demand, the International Energy Agency (IEA) said on Wednesday, though rising cases in some major oil-consuming countries show a recovery may…
Tesco, Britain's biggest retailer, reported a 20% drop in full-year pretax profit as the cost of adapting the business for the pandemic wiped out the benefit of "exceptionally strong" grocery…
Seven European countries, including Germany, France and Britain, will commit on Wednesday to stop public export guarantees for fossil fuel projects, French Finance Minister Bruno Le Maire said. Coal, oil…
Australia's Qantas Airways Ltd has seen domestic leisure travel rebound to pre-pandemic levels, but demand in the corporate travel market is lagging about three months behind, its chief executive said.…
Woodys AeroImages has revealed new photos of Ryanair's subsidiary airline 9H-VUA Malta Air's Boeing 737 Max with engine cages in place indicating that either 1st engine start is imminent or…
Ryanair is set to take delivery of its first Boeing 737 MAX airliner following two years of delay caused by the grounding of the jet in the wake of two…
Flybe, the regional British airline which failed last year, is set to relaunch this summer after the sale of the former company's business and assets to a new company backed…
British airline easyJet said it expected to start to fly more from late May onwards, shrugging off worries about a third wave of COVID-19 infections in continental Europe which have…
Italy's government is exploring alternative plans for the revamp of troubled airline Alitalia should ongoing negotiations with the European Commission fail, Industry Minister Giancarlo Giorgetti said on Wednesday. "Discussions are…
Gold prices steadied after gaining in early trade on Wednesday as weakness in the U.S. dollar due to higher inflation was countered by some firming in Treasury yields. Spot gold…
New Zealand said on Wednesday it will stop the export of livestock by sea following a transition period of up to two years, citing animal welfare concerns for a decision…
Oil prices rose in early trade on Wednesday, adding to overnight gains, after industry data showed U.S. oil inventories declined more than expected and OPEC raised its outlook for oil…
The largest U.S. cryptocurrency exchange's listing on the Nasdaq on Wednesday is considered a landmark victory for cryptocurrency advocates. Bitcoin is the world's biggest cryptocurrency, with growing mainstream acceptance as an…
Bank of Valletta has launched its new BOV 3D Secure App, an app that introduces a stronger security process for online purchases. This new App replaces the current method whereby…
Euro zone retail sales were stronger than expected in February, data showed on Monday, as some countries eased their COVID-19 pandemic restrictions before tightening them again in March. The European…
Britain's economy grew by 0.4% in February from January as companies got ready for the lifting of a third coronavirus lockdown, official data showed on Tuesday. Economists polled by Reuters had expected growth…
New Zealand has become the first country to introduce a law that will require banks, insurers and investment managers to report the impacts of climate change on their business, minister for climate change James Shaw said on Tuesday.…
Greece's largest carrier Aegean Airlines on Monday reported a full-year net loss for 2020 as passenger traffic fell amid the coronavirus pandemic. Aegean said its net loss was 227.9 million…
Sweden's economy will grow faster than previously expected this year, the government said on Monday, despite a third wave of COVID-19 infections that has led to tighter restrictions on society.…
French drugmaker Sanofi said on Monday it would invest 400 million euros ($475.40 million) over five years in a new vaccine production site in Singapore. The new site would provide…
Chinese telecoms equipment maker Huawei Technologies will invest more in businesses that are less reliant on advanced process techniques, it said on Monday, citing U.S. sanctions that have reduced its…
Heathrow Airport passenger numbers fell 83% in March compared to the same month last year, Britain's biggest airport said in a statement on Monday, as the pandemic continued to hit…
The European Union has set provisional tariffs on aluminium flat-rolled products from China after an initial investigation found they were being sold into the bloc at artificially low prices. The…
Four in 10 European business travellers plan to fly less after COVID-19 travel restrictions are fully lifted, a survey showed on Monday, with many intending to stick to video conferences.…
Gold prices fell on Monday, weighed down by surging U.S. Treasury yields and a firmer dollar after better-than-expected U.S. economic data lifted prospects for higher inflation. Spot gold fell 0.3%…
The International Monetary Fund said countries in the Middle East and Central Asia need to curb their financing requirements, as a surge in government debt, exacerbated by the pandemic, threatens…
Oil rose on Monday amid hopes that fuel demand is picking up in the United States as the summer driving season approaches and the rollout of COVID-19 vaccinations there accelerates,…
MILAN, April 11 (Reuters) - Talks between Italy and the European Commission over the revamp of Alitalia will enter a key phase next week, Italian Industry Minister Giancarlo Giorgetti said…
PARIS, April 11 (Reuters) - France said on Sunday it was too soon to say whether holidays abroad would be possible this summer as a third wave of coronavirus infections…
Global competition for offshore wind power is so hot that licence auctions now resemble the oil and gas competitions of just a few years ago, and some of the names…
The Suez Canal Authority is considering expanding the southern section of the waterway where the container ship Ever Given became stranded, its chairman said. It is also looking into procuring…
British consumers ramped up their spending on golf, picnics and other newly permitted outdoor activities last week as some coronavirus restrictions were lifted, payments firm Barclaycard said. Golf courses, tennis…
FELTOM expressed its disappointment following the recent announcement made by the Superintendent of Public Health delaying the opening of ELT schools. While this is having a detrimental impact on the…
Chinese regulators have fined Alibaba Group Holding Ltd 18 billion yuan ($2.75 billion) for violating anti-monopoly rules and abusing its dominant market position, marking the highest ever antitrust fine to…
VALLETTA, April 9 (Reuters) - Aiming to revive its tourism industry and get ahead of rival destinations, Malta plans to offer foreign visitors a handout of up to 200 euros ($238.10) each…
A digital pound must be at the heart of Britain's efforts to strengthen the City of London's global attraction as a financial centre after Brexit, think-tank CityUnited Project said on…
WASHINGTON, April 9 (Reuters) - U.S. airlines temporarily suspended the use of more than 65 Boeing 737 MAX jets on Friday after the planemaker asked 16 carriers that operate the…
The U.S. Commerce Department announced it was adding seven Chinese supercomputing entities to a U.S. economic blacklist for assisting Chinese military efforts. The Commerce Department said the seven were "involved…
China said on Friday it would take necessary measures to uphold the rights and interests of Chinese companies, after the United States added Chinese supercomputing entities to an economic blacklist.…
German exports rose in February, boosted by surging trade with China in a fresh sign that factories are busy in Europe's largest economy despite a sharp drop in trade with…
Airlines slammed Britain's plans for restarting international travel, saying that expensive testing requirements for trips to low-risk countries would mean that only wealthy people could take holidays abroad. Under government…
Beijing authorities have forced an elite business school backed by Alibaba Group Co Ltd founder Jack Ma to halt enrollments, the Financial Times said on Friday, citing sources familiar with…
British travel company Jet2 said it was suspending flights and holidays until June 23 given the ongoing uncertainty around travel from the United Kingdom. Britain has said it will provide…
Gold prices fell on Friday as robust economic data from China boosted hopes of a swift recovery, although bullion was set to rise more than 1% on the week as…