21

Apr

Hackers use previously unknown vulnerability to target SonicWall customers

Hackers have targeted customers of California-based network services firm SonicWall via a previously undisclosed vulnerability in its email security product, the company and cybersecurity firm FireEye said. In a statement,…

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21

Apr

Gold gains as softer U.S. dollar, yields lift appeal

Gold prices rose on Wednesday, hovering near a seven-week high hit earlier this week, as a soggy dollar and a retreat in U.S. Treasury yields lifted demand for the safe-haven…

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21

Apr

Oil falls for second day as India’s COVID-19 surge to dent fuel demand

Oil prices fell for a second day on Wednesday on concerns that soaring COVID-19 cases in India will drive down fuel demand in the world's third biggest oil importer. Brent…

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20

Apr

Oil prices rise on weaker dollar, likely drawdown in U.S. stocks

Oil prices rose on Tuesday as a weaker U.S. dollar supported commodities and on expectations that crude inventories fell in the United States, the world's biggest oil user, though rising coronavirus cases in…

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20

Apr

US will boost ‘Do Not Travel’ advisories to 80% of world

The U.S. State Department said on Monday it will boost its "Do Not Travel" guidance to about 80% of countries worldwide, citing "unprecedented risk to travelers" from the COVID-19 pandemic. The State Department…

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19

Apr

UK shopper numbers jump 87.8% as England’s stores reopen after lockdown

The number of people heading out to shops across Britain jumped 87.8% in the week to April 17 versus the previous week as non-essential stores in England reopened after three…

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19

Apr

Canada’s budget to include pandemic and childcare supports, luxury tax

Canada will present a budget on Monday with billions of dollars for pandemic recovery measures as COVID-19 infections skyrocket, C$2 billion ($1.6 billion) toward national childcare, and new taxes on…

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19

Apr

Turkey expects double-digit GDP growth finance minister says

Turkey's economy is expected to grow at a double-digit pace in the second quarter after logging about a 5% gross domestic product (GDP) expansion in the first quarter, Finance Minister…

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19

Apr

Euro zone current account surplus narrows in February

The euro zone's current account surplus narrowed in February on lower net exports of goods and services, European Central Bank data showed on Monday. The bloc of 19 countries sharing…

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19

Apr

More Irish-British trade diverted via N.Ireland post-Brexit

More firms are shipping goods between Ireland and Britain via Northern Ireland to avoid post-Brexit red tape and delays, the head of Dublin Port said on Monday, describing it as…

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19

Apr

Microsoft helps 30 million people worldwide acquire digital skills during COVID-19

Microsoft Corp. announced it has helped over 30 million people in 249 countries and territories gain access to digital skills, topping its initial goal of 25 million last June, and is…

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19

Apr

Danske Bank CEO resigns after being named suspect in Dutch probe

Danske Bank Chief Executive Chris Vogelzang resigned on Monday after the Dutch authorities named him as a suspect in a probe into violations of money-laundering regulations at Dutch lender ABN…

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19

Apr

UPDATED: Britain to look closer at creating digital currency

Britain stepped up efforts on Monday to look at the case for a digital pound in response to the challenge posed by cryptocurencies such as bitcoin, and outlined plans to…

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19

Apr

UPDATED: Gold hits 7-week high on weak dollar, lower yields

Gold scaled a more than seven-week peak on Monday as a softer dollar and lower U.S. Treasury yields lifted the yellow metal's appeal even as the appetite for riskier assets…

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19

Apr

Oil falls amid surging coronavirus infections in India, other countries

Oil prices fell on Monday amid mounting concerns that surging caseloads of coronavirus infections in India and other countries will lead to stronger measures and hit economic activity, along with…

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18

Apr

Chinese, U.S. luxury lovers power rebound at LVMH

Sales at French luxury goods group LVMH bounced back far more quickly than expected in early 2021, carried by demand for Louis Vuitton handbags and Dior products as Chinese and…

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18

Apr

Israel and Greece sign record defence deal

Israel and Greece have signed their biggest ever defence procurement deal, which Israel said on Sunday would strengthen political and economic ties between the countries. The agreement includes a $1.65…

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18

Apr

European firms battle to reach UK clients

Post-Brexit trade rules mean prosecco supplier Serena Wines 1881 must store bottles destined for Britain on costlier, fumigated pallets in their own corner of its warehouse in the northeast Italian…

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18

Apr

Electric trucks may soon challenge diesel if charging hurdle cleared, study shows

Electric heavy trucks will soon be able to compete economically with diesel trucks as battery technology rapidly improves, a study by Sweden-based think tank the Stockholm Environment Institute (SEI) showed.…

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18

Apr

Photo Story: The Atlanta International Auto Show

A 2022 Lexus IS 500 sports car on display during the Atlanta International Auto Show at the Georgia World Congress Center in Atlanta, Georgia, USA. The show, whose roots date…

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17

Apr

British fintech Revolut on path to $10 billion valuation with new funding – Sky News

(Reuters) - Digital banking app Revolut is on track for a new fundraising that will value the company at more than $10 billion, Sky News reported on Saturday. The London-based…

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17

Apr

EY’s Wirecard audits suffered serious shortcomings, German probe finds- FT

EY’s audits of defunct payments group Wirecard suffered from serious shortcomings over a period of years, a German investigation has found. Financial Times reports that EY is said to have…

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17

Apr

Ferrero to enter ice-cream market

Ferrero, the Italian confectionery giant known the world over for Nutella and Ferrero Rocher, is making its debut in Italy's ice-cream market this summer. Following on from the runaway success of its…

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17

Apr

More electrical problems found on some Boeing 737 MAX -sources

April 16 (Reuters) - An electrical problem that led to dozens of Boeing 737 MAX jets being suspended from service has widened after engineers found similar grounding flaws elsewhere in…

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16

Apr

Spain’s Iberia asks public to pick summer destination

MADRID, April 16 (Reuters) - Spanish airline Iberia will let social media users choose an additional destination for its summer flights, the company said, as the COVID-19 pandemic continues to…

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16

Apr

Oil holds near $67, heads for weekly gain on demand hopes

LONDON, April 16 (Reuters) - Oil held near $67 a barrel on Friday and was heading for a weekly gain as a stronger demand outlook and signs of economic recovery in China…

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16

Apr

Air Malta announces May operating schedule

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…

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16

Apr

Surge in illegal bank loan-funded China property buys worries regulators

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…

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16

Apr

Malta – 19% of catering establishments close in first year of pandemic – ACE

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…

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16

Apr

Hyundai Motor Group plans to launch EVs in China every year starting 2022

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…

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16

Apr

Oil predicted to hit $40 by 2030 if climate goals are met

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…

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16

Apr

Irish unemployment to remain above pre-pandemic levels until at least 2025

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…

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16

Apr

Wizz Air forecasts gradual flying recovery into late summer

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…

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16

Apr

German economy shrank 1.8% in first quarter due to COVID lockdown

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…

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16

Apr

Turkey bans use of cryptocurrencies to purchase goods and services

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.…

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15

Apr

Hopes rise for Britain’s summer getaway season

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…

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15

Apr

Qantas forecasts domestic capacity will soon leap beyond pre-pandemic levels

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…

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15

Apr

Oil holds near one-month highs as demand forecasts raised

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…

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15

Apr

SsangYong Motor in receivership

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…

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15

Apr

Gold firms as dollar stalls ahead of U.S. retail sales, jobless claims data

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…

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14

Apr

IEA ups oil demand forecast as vaccinations brighten outlook

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…

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14

Apr

Tesco sales surge but COVID costs wipe out fifth of pretax profit

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…

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14

Apr

Seven European countries to halt export finance for fossil fuels

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…

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14

Apr

Qantas sees domestic business travel recovery 3 months behind leisure market

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.…

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14

Apr

Photo Story – Malta Air Boeing 737 Max closer to take off

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…

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14

Apr

Ryanair to take delivery of first 737 MAX in coming days, loses court challenges to SAS, Finnair state aid

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…

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14

Apr

Failed British airline Flybe to relaunch this summer

 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…

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14

Apr

EasyJet sees more flying from late May

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…

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14

Apr

UPDATED: Italy considering alternative options for Alitalia if talks with EU fail

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…

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14

Apr

Gold unchanged after early spike as firm bond yields offset weak dollar

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…

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14

Apr

New Zealand to end livestock exports due to animal welfare concerns

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…

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14

Apr

Oil rises on drawdown in U.S. oil stocks, OPEC demand outlook

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…

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13

Apr

Bitcoin hits record before landmark Coinbase listing on Nasdaq

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…

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13

Apr

BOV launches new 3D Secure App

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…

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13

Apr

Euro zone retail sales stronger than expected in February

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…

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13

Apr

UK economy grew in February as firms prepared for lockdown easing

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…

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13

Apr

New Zealand introduces climate change law for financial firms in world first

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.…

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