Corporate Dispatch

Global communications platform backed by Malta-based EBO

EBO.ai and Vonage joined forces to develop a multi-channel conversational solution that brings EBO’s Virtual Agent to the world’s biggest messaging app, WhatsApp, for the first time. The collaboration means…

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Walmart to join Microsoft in TikTok’s acquisition bid

Walmart Inc said it was joining Microsoft in a bid for social media company TikTok's U.S. assets, revealing its plans hours after the social media company's chief executive, Kevin Mayer,…

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Refund of 50% of business electricity bills announced

Government today gave details on the Electricity Refund Bill Scheme which was launched as part of the Plan for the Regeneration of the Economy, which was announced back in June.…

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Malta Chamber announces CEO appointment

The Malta Chamber of Commerce, Enterprise and Industry announced on Monday 24th August 2020 the appointment of Edward Chetcuti in the new role of Chief Executive Officer. The President of…

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Athletics: Records tumble in MAAA National Championships

An incredible display of local talent came to a close last weekend at the Matthew Micallef St. John athletics stadium at the Cavalieri Art Hotel National Championships. 30 events unfolded…

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GO subsidiary in Cyprus is first foreign registered company to issue and list bonds locally

Cablenet Communications Systems plc, a subsidiary in which GO holds a 60.26% share, is the first foreign registered company to have issued €40 million worth of bonds locally which were…

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Universal Filmed Entertainment Group and Microsoft Azure announce partnership to accelerate live-action and animation productions

Universal Filmed Entertainment Group and Microsoft Corp. announced a strategic partnership to cloud-optimize live-action and animation productions. The partnership aims to empower the creative community with cloud-based production workflows that…

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TikTok’s journey from global sensation to Trump target

TikTok decision to file a lawsuit on Monday against President Donald Trump's executive order prohibiting transactions with the popular short video app and its Chinese parent ByteDance is the latest…

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TikTok to challenge Trump’s executive order

TikTok announced it plans to file a lawsuit on Monday against President Donald Trump's executive order prohibiting transactions with the popular short video app and its Chinese parent ByteDance, confirming…

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CiNext – Malta Insights

JUNE RECORDS DROP IN INDUSTRIAL PRICES A decrease in intermediate goods pushed down the Industrial Producer Price Index for June by 0.27 percent from the same month last year. Data…

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Cavalieri Art Hotel National Championships to bring gruelling athletic season to climax

Malta’s athletic season, probably one of the longest and toughest in recent history, reaches its climax this weekend with the Cavalieri Art Hotel National Championships 2020 organised by the Malta…

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Cabinet of Ministers meeting hosted by The Malta Chamber at the Exchange Buildings for the first time in history

During an extraordinary meeting of the Cabinet of Ministers which was held at The Exchange Buildings, offices of The Malta Chamber of Commerce, Enterprise and Industry, the country’s political leadership…

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Five Government Agencies Attend Getgovernanz’s First Due Diligence Course

“The fact that this first course was delivered to a number of government agencies sends a very positive message to the business community and demonstrates that continuous training is recognized as…

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Microsoft faces complex technical challenges in TikTok carveout

Microsoft Corp's bid to carve out parts of TikTok from its Chinese owner ByteDance will be a technically complex endeavor that could test the patience of President Donald Trump's administration,…

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Microsoft commits to achieve ‘zero waste’ goals by 2030

Recognizing the urgent need to protect the world’s ecosystems and reduce the carbon emissions that come from the creation, distribution and disposal of waste, Microsoft announced its goal to achieve…

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CiNext – Five days of Europe

There was courtship and accusations of betrayal, there were confessions to the camera and off-mic dealings. It may sound like the latest episode of a reality show, but the dramatic…

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CiNext – The false economy of simple solutions

by Peter Thal Larsen via REUTERS BREAKINGVIEWS What went wrong? Many books have attempted to tackle that question since 2016, when the Brexit referendum and Donald Trump’s U.S. presidential victory…

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Sarah Chouhal lowers 400m hurdles U20 national record

Anyone who expected a quiet afternoon at the Matthew Micallef St. John Athletics track yesterday, on the occasion of the final MAAA Challenge, was happily mistaken. The event set off…

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Malta Development Bank facilitates SME access to liquidity through new scheme for smaller loans

In its efforts to support the recovery of the local business community, the Malta Development Bank has introduced a further initiative intended to support smaller businesses in taking out loans…

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Facebook founder sees wealth hit $100bn

Facebook founder Mark Zuckerberg has seen his personal wealth rise to $100bn (£76bn) after the launch of a new short-form video feature. On Wednesday, Facebook announced the US rollout of…

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Athletics: Last MAAA Challenge presents perfect final tune up for senior athletes before National Championships

Senior athletes return on stage this weekend for the final MAAA Challenge of the season, serving as the final tune-up before the Cavalieri Art Hotel National Championships scheduled on the…

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Trump steps up war against TikTok

U.S. President Donald Trump announced Thursday sweeping bans on U.S. transactions with China's ByteDance, owner of video-sharing app TikTok, and Tencent, operator of the WeChat app, starting in 45 days,…

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U.S. to act on TikTok, other Chinese apps in coming days -White House

The United States will take action in coming days on the popular short-video app TikTok and other Chinese apps, White House spokeswoman Kayleigh McEnany told reporters at a briefing on…

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04

Aug

Chamber of Advocates Announces Newly-Elected Council – Dr Louis de Gabriele reappointed Chamber President

The newly-elected Council of the Chamber of Advocates yesterday convened for a first meeting, during which the Electoral Commissioner, Dr Philip Manduca, presented his report detailing the results of the…

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Malta Chamber calls for refreshing of Maltese economic model

Business leaders, academics, and various experts from a number of fields called for Less Government and More Governance as a way forward for the country to truly reach its ambitions…

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Athletics: String of records broken during Youth Championships and Seniors’ Open Challenge

Despite the early August heat, Malta’s top and emerging athletes produced a string of admirable performances during the National Youth Athletics Championships as well as the Seniors Open Challenge organized…

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In surprising turnaround, Trump wants Microsoft to buy TikTok

In an unexpected turnaround, President Donald Trump has agreed to allow Microsoft Corp to negotiate the acquisition of popular short-video app TikTok if it could secure a deal in 45 days, three people familiar…

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Post-Covid checklist for businesses

Four industry leaders have joined forces to develop a checklist for local companies to assess their re-entry in the market following the coronavirus outbreak. The checklist provides a comprehensive perspective…

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Microsoft says in talks to buy TikTok’s U.S. operations from China’s ByteDance

Microsoft Corp said it will push ahead with talks to acquire the U.S. operations of Chinese-owned short-video app TikTok, a potential blockbuster deal that could re-shape the social media industry…

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CorporateDispatchPRO – Edition 8

Now that the dust has settled, we take a look at what the historic EU Budget negotiations mean for European citizens. Also, in this edition: things are heating up between…

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Trump to give TikTok’s Chinese owner 45 days to agree sale

President Donald Trump has agreed to give China's ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft Corp , three people familiar with the matter…

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Mastercard collaborates with Microsoft to accelerate innovation across digital commerce and startup ecosystems

.Mastercard and Microsoft Corp. announced a collaboration to shape the future of digital commerce, drive startup innovation and enable financial inclusion. The collaboration will accelerate Mastercard Labs’ cloud native research…

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Maypole to reduce plastic bag use by 1.5 million in a year

As part of its environmental commitments, the Maypole foodstore chain has announced plans to reduce the amount of plastic bags used by 1.5 million over the next twelve months. Among…

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MAAA to hold National Youth Championships this weekend

It will be a packed athletics weekend for all ages at the Matthew Micallef St John in Marsa as the season approaches its end. For younger athletes, the National Championships…

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28

Jul

Parties and Mass Gatherings Not In Country’s Best Interest – FELTOM

Many businesses, organisations and front liners have sacrificed a lot over the past months. But just as sacrifice and commitment started to bear some positive results and improvements, we are…

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Succeeding the Moneyval test is a shared responsibility – Malta Chamber

The Malta Chamber called for a clear communication strategy to report on unambiguous progress achieved in updating Malta’s regulatory infrastructure relating to anti-money laundering, as the country prepares to face…

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Industry and the Authorities must work together to ensure steady progress in the battle against Covid – Malta Chamber

In view of the uncharacteristically large number of new COVID 19 cases registered on Sunday, The Malta Chamber of Commerce, Enterprise and Industry called for businesses and the general public…

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Construction is a successful industry that remains in dire need of discipline – Malta Chamber

The Malta Chamber of Commerce, Enterprise and Industry has described the situation in construction and building as "shocking", yet again resulting in loss of life on a construction site. The…

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Athletics: Season reaches climax for young athletes with final event

The MAAA will this Saturday be hosting the sixth and final meeting of the year for young athletes, pertaining to the Under 12 and Under 14 categories, culminating long months…

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Microsoft global strategic agreement with Finastra to accelerate transformation of financial services

Finastra and Microsoft Corp. on Monday announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services. This alliance supports demand for cloud solutions, aiming to compress…

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Marks & Spencer to cut 950 jobs

British clothing and food retailer Marks & Spencer said on Monday it planned to cut 950 jobs as part of a restructuring, dealing a further blow to a sector that…

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Athletics: Daniel Saliba breaks 110 metres hurdles National Record

Pembroke Athleta’s Daniel Saliba broke his own National Record in the 110m hurdles male category as he lived up to high expectations among the local athletic community after his performances…

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CiNext – Hacking at the global order

by Tonio Galea A fire that broke out recently at an important Iran nuclear plant is risking spreading into a major hacking conflict. Some Iranian foreign officials were quick to…

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CiNext – OPEC maintains illusion of control over oil price

by George Hay via Reuters Breakingviews OPEC is sticking to its word, even if that word is worth less than it was. The oil producer group and allies like Russia,…

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CiNext – Technology – a silver lining of the Covid era

by Isabelle Micallef Bonello The Covid-19 shock accelerated the adoption of technology across business sectors. The need to reach customers online necessitated company-wide adoption of new automated technology-enabled solutions. The…

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CiNext – Malta Insights

Fitch Ratings expects unemployment in Malta to double in 2020 Fitch Ratings is forecasting unemployment in Malta to double throughout 2020 as a result of the coronavirus pandemic. In its…

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CiNext – Digital Transformation The future is now!

by Silvan Mifsud Digital transformation. The mother of all buzzwords. However, as Simeon Preston once said, “The biggest part of digital transformation is changing the way to think.” You mention…

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CiNext – The impact of digitalisation on activism

by Laura Emma Grima Digitalisation has altered our world in a multitude of ways, impacting various issues such as employment, communication, health, resources, and security. It is continuously changing the…

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CiNext – Digital answers to non-digital questions

by Jesmond Saliba Companies today are born digital. The digitisation of processes not only opens up exciting new business opportunities but makes entrepreneurship itself more widely accessible and more democratic.…

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World faces staggering jobs challenge, says Microsoft president

The world is facing a staggering jobs challenge with a quarter of a billion people set to lose their job this year, the president of Microsoft has said. Brad Smith…

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Malta Development Bank provides lifeline to 251 businesses safeguarding more than 15,000 jobs through Covid-19 Guarantee Scheme

By the end of June, more than 250 businesses and the livelihoods of more than 15,000 employees and their families were provided with a crucial lifeline of €200 million in…

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Twitter says about 130 accounts targeted in cyber attack

Twitter Inc said late on Thursday that hackers targeted about 130 accounts during the cyber attack this week, an incident in which profiles of many prominent personalities and organizations were…

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Top EU court ditches transatlantic data transfer deal

Europe's highest court ruled on Thursday that a transatlantic data transfer deal is invalid because of concerns about U.S. surveillance in a decision that could disrupt thousands of companies that…

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Local athletes seek MAAA Challenge boost as National Championship loom

Following the organisation of two micro-events which gave crucial time on track and field for Malta’s top and budding athletes, the level of competition will intensify this Saturday, with the…

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16

Jul