16

Jan

DHL Express sees strong start to year, Brexit challenges under control

DHL Express is off to a strong start to the year even as capacity remains tight due to the COVID-19 pandemic, with post-Brexit adjustments on track, Global CEO John Pearson…

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16

Jan

UK airports call for ‘urgent’ government support after travel rules tightened

British airports called for urgent government support and an airline industry representative said the sector was heading for a "very difficult" place after Britain tightened its COVID-19 rules for international…

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16

Jan

National Rifle Association files for bankruptcy

The National Rifle Association filed for bankruptcy, a sudden development that could help the gun rights group escape a lawsuit by New York's attorney general seeking its dissolution. The NRA…

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16

Jan

Fiat Chrysler, PSA complete merger into Stellantis

Italian American carmaker Fiat Chrysler and French rival PSA have completed their $52 billion tie-up and formally merged into Stellantis, the two automakers said on Saturday. The merger of FCA…

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16

Jan

Canada’s Couche-Tard drops $20 billion Carrefour takeover plan after French opposition

Canada's Alimentation Couche-Tard has dropped its 16.2 billion euro ($19.6 billion) bid to acquire European retailer Carrefour SA after the takeover plan ran into stiff opposition from the French government,…

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16

Jan

Fiat Chrysler and PSA to seal merger to become Stellantis

Fiat Chrysler and PSA will seal their long-awaited merger on Saturday to create Stellantis, the world's fourth-largest auto group with deep enough pockets to fund the shift to electric driving…

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16

Jan

Britain denies wanting to reduce workers’ rights post-Brexit

The British government said it had no plans to lower standards on workers' rights, rejecting a Financial Times report that a shake-up of EU labour regulations as part of a…

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15

Jan

German court halts criminal proceedings against former VW CEO

A German court in Braunschweig, Germany, said on Friday it had halted criminal proceedings against former Volkswagen CEO Martin Winterkorn for alleged market manipulation as part of the carmaker's emissions…

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15

Jan

modl.ai expands Malta activities

modl.ai, a tech company which delivers AI tools for video game studios has announced its intention to expand in Malta, and announced a collaboration with with the Institute of Digital…

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15

Jan

More trips to Gozo in 2020 but less cars, passengers

Trips to Gozo increased during the past year, as many locals opted in favour of travelling between the islands during the coronavirus pandemic particularly during the Summer months. Data released…

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15

Jan

Business First increases its client contact by 367% in 2020

​During 2020, Business First made contact with 158,193 clients, with 3,042 client contacts per week. When compared to 2019 and 2018, there was a 367% and 427% increase respectively in…

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15

Jan

Twitter says White House Twitter accounts will be transferred to Biden admin

Twitter Inc on Thursday said it will transfer institutional White House Twitter accounts to Biden administration when the U.S. President-elect swears in on January 20. Twitter said it will facilitate…

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15

Jan

Oil prices drop further after China lockdown

Oil prices were lower on Friday as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong import data from the world's biggest crude importer…

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14

Jan

Samsung launches new flagship Galaxy S smartphone early, targets remote workers, gamers

SEOUL, Jan 14 (Reuters) - Samsung Electronics Co Ltd on Thursday unveiled the first Galaxy S smartphone with a stylus for on-screen work called the S Pen, more than a…

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14

Jan

Google completes $2.1 bln acquisition of Fitbit

Jan 14 (Reuters) - Alphabet Inc's Google has completed its $2.1 billion acquisition of wearable device maker Fitbit Inc, the companies said on Thursday. The deal had triggered concerns over…

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14

Jan

Norwegian Air to end transatlantic flights, seeks state help

OSLO, Jan 14 (Reuters) - Norwegian Air, which challenged British Airways and other long-established rivals by launching transatlantic flights, said on Thursday it will end those services, causing 2,000 job…

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14

Jan

Logistics companies suspend cross-border delivery services due to Brexit red tape – FT

Financial Times - The German logistics group DB Schenker became the latest major parcels operator to suspend cross-border delivery services because of the new red tape and customs paperwork imposed…

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14

Jan

Bid by Alimentation Couche-Tard to buy Carrefour

European retail giant Carrefour has received a surprise merger approach from Canadian convenience-store operator Alimentation Couche-Tard, sending the French company’s shares up 13% on Wednesday. European supermarket groups have been…

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14

Jan

Airbnb to cancel Washington DC bookings as police warn of militia threat

Home-sharing giant Airbnb is cancelling hotel reservations in the Washington DC Metro area for the week of President-elect Joe Biden's inauguration after law enforcement warned of the threat from armed…

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14

Jan

Air Canada to cut jobs amid COVID-19 restrictions, aid talks stalled

Air Canada announced it would cut first-quarter capacity by an additional 25% as measures to combat COVID-19 hit bookings, while two well-placed sources said talks over a federal aid package…

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14

Jan

Warner Bros Games delays new Harry Potter game until 2022

AT&T Inc's Warner Bros Games said it has pushed back the release of its upcoming Harry Potter role-playing videogame, "Hogwarts Legacy," by a year to 2022. The game, announced during…

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13

Jan

UK – Lidl report 17.9% increase in December sales

LONDON, Jan 13 (Reuters) - The British arm of German discount supermarket Lidl said sales had increased by 17.9% in the four weeks to Dec. 27, driven by customers buying…

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13

Jan

Airline traffic and bookings stall despite vaccine promise

PARIS, Jan 12 (Reuters) - Airlines face a challenging wait for COVID-19 vaccines to end travel lockdowns, global industry body IATA said, as a recovery in traffic stalls and bookings…

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12

Jan

Indonesia says crashed Sriwijaya Air jet had passed airworthiness check

JAKARTA (Reuters) - Indonesia's transport ministry said on Tuesday a Sriwijaya Air jet that crashed into the sea three days ago had passed an airworthiness inspection last month, as a…

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12

Jan

Insights – COVID-19 fuelling education’s tech disruption, deepening digital divide

TORONTO/NEW YORK (Reuters) - The COVID-19 pandemic deepened inequities in accessing and benefiting from education but the future of learning could be a more equal one, participants told Reuters Next…

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12

Jan

Greece proposes joint EU vaccination certificate to ease travel

Greek Prime Minister Kyriakos Mitsotakis called on Tuesday for the creation of an EU-wide COVID-19 vaccination certificate to help restore cross-border travel that has been devastated by the coronavirus pandemic. Greece, which relies on tourism for…

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12

Jan

Republicans face growing corporate backlash after Capitol assault

WASHINGTON (Reuters) - Republicans in the U.S. Congress faced growing blowback on Monday from businesses that said they would cut off campaign contributions to those who voted last week to…

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12

Jan

World Bank to invest $5 bln in 11 African countries

The World Bank on Monday said it would invest over $5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote livelihoods in 11…

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12

Jan

Britain’s M&S buys Jaeger brand

British retailer Marks & Spencer has purchased the Jaeger brand from its administrators as part of a strategy to bolster its clothing division with new names, it said on Monday.…

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12

Jan

Deutsche Bank drops Trump for future business – NYT

FRANKFURT (Reuters) - Deutsche Bank will not do business in the future with U.S. President Donald Trump or his companies in the wake of his supporters' assault on the U.S.…

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12

Jan

UK retailers call for police help to enforce mask rules

British retailers called on the police to help enforce the wearing of masks to limit the spread of COVID-19, with one of the biggest supermarkets saying it would no longer…

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12

Jan

Oil prices go lower with rising virus cases

Oil prices slipped on Tuesday as investors remained concerned about climbing coronavirus cases globally, though an anticipated drawdown in crude oil inventory in the United States for a fifth straight week stemmed losses.…

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12

Jan

City of London unlikely to get broad EU access, says UK banking body

The European Union is unlikely to grant broad access for the City of London, and the flight of euro share trading from Britain to the bloc is permanent, UK bankers said on Monday.…

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11

Jan

UK’s Sunak warns economy will get worse before it gets better

LONDON, Jan 11 (Reuters) - Finance minister Rishi Sunak warned on Monday that Britain's economy would get worse before it got better, with the country now in its third national…

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11

Jan

Carnival sees near $2 bln in quarterly loss as cruise cancellations weigh

Jan 11 (Reuters) - Carnival Corp reported a bigger-than-expected preliminary fourth-quarter net loss on Monday as the cruise operator's business was brought to a virtual standstill by the COVID-19 pandemic.…

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11

Jan

Photo Story: Students protest against distance learning and the postponement of high schools reopening in the Lazio region

Lessons and outdoor assembly against distance learning (Didattica a Distanza, DAD) organized by the students of the 'Righi' high school inside Villa Borghese, in Rome. Secondary school students in Lazio…

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11

Jan

Hungary’s 2020 budget deficit soars on December spending spree

BUDAPEST (Reuters) - Hungary's preliminary December budget deficit surged to a record 2.25 trillion forints due to sharply increased spending before the end of the year, boosting the 2020 deficit…

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11

Jan

Swiss economy could grow by 4% in 2021 and 2022

The Swiss economy could grow at more than double its usual rate in 2021 and 2022, with GDP increasing by around 4% in both years as output recovers from the…

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11

Jan

Record rise in government debt will hit emerging markets harder, Fitch says

A record increase in government debt globally will hit emerging markets disproportionately, with developing nations not benefiting from lower interest rates and debt service burdens providing a cause for concern,…

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11

Jan

Investment deal expected to bolster European dealmaking in China

European companies are expected to hunt for assets in China, mainly in insurance, healthcare and automobile sectors, after the world's second-largest economy and the European Union agreed to an investment…

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11

Jan

Apple, Hyundai to agree on electric car tie-up early this year

Hyundai Motor and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production as early as 2024 in the United States, local newspaper…

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11

Jan

CureVac strikes COVID-19 vaccine alliance with Bayer

German biotech firm CureVac has agreed an alliance with drugmaker Bayer to help it seek regulatory approval for its experimental COVID-19 vaccine and distribute doses, the two companies announced. "Bayer…

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10

Jan

Huawei to pack less of a punch in the new year after bruising 2020, analysts say

Huawei Technologies Co Ltd this year will likely see slower 5G business and push further into software, while hoping its smartphones get a reprieve from U.S. sanctions which last year…

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10

Jan

How did UK retailers fare over coronavirus-hit Christmas?

The 2020 Christmas holiday season presented British retailers with a unique challenge as they navigated strict COVID-19 containment measures and prepared for Britain's departure from the European Union. The United…

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10

Jan

Britons pop the fizz to see off COVID blues

More Britons than ever are splashing out on champagne to help them through the coronavirus crisis. Three of Britain's top five supermarket groups - No. 2 Sainsbury's, No. 4 Morrisons…

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10

Jan

Italy considering 24 bln euro package to help virus-hit economy

Italy is considering a new stimulus package worth 24 billion euros ($29 billion) to support its healthcare system and its COVID-battered economy, Economy Minister Roberto Gualtieri said in a newspaper…

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10

Jan

Apple, Amazon suspend Parler social network from App Store and web hosting service

Apple Inc and Amazon.com Inc have suspended Parler from their respective App Store and web hosting service, saying the social networking service popular with many right-leaning social media users has…

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09

Jan

EasyJet signs new five-year term loan facility

Jan 8 (Reuters) - UK airline EasyJet announced a new five-year term loan facility of $1.87 billion (c.£1.4 billion) on Friday, which will be secured on aircraft upon drawing. "This…

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08

Jan

Toyota’s sales in China rise 11% in 2020 even as pandemic hits market

Japanese automaker Toyota Motor Corp said on Thursday it sold 1.8 million vehicles last year in China, up 11% from a year earlier, narrowing the gap with Volkswagen AG and…

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08

Jan

Government, Unions, Schools reach deal: students back to school on Monday

A joint press statement between Government, the MUT and representatives of Church and Independent Schools confirmed that all students will be back in their classrooms on Monday and the teachers'…

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08

Jan

M&S clothing sales hammered by lockdowns in three months to Christmas

Marks & Spencer (M&S) reported on Friday another big fall in sales of clothing and homewares in the three months leading up to Christmas, as restrictions to curb the spread…

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08

Jan

UK’s competition watchdog to probe Google’s browser changes

UK's competition watchdog said on Friday it has launched an investigation into Google's proposals to remove third-party cookies and other functions from its Chrome browser, following concerns it would curb…

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08

Jan

Pandemic drives down Tunisia’s tourism revenue by 65%

Tunisia's tourism revenue plunged by 65% in 2020 compared to 2019, to around $746 million, official figures showed, as the impact of the COVID-19 pandemic dealt a severe blow to…

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08

Jan

Italy Jan-Sept public deficit widens y/y to 10.1% of GDP -ISTAT

Italy's public budget deficit widened in the first nine months of last year to 10.1% of gross domestic product, compared with 2.8 in the same period of 2019, official statistics…

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08

Jan

Audi reported planning to phase out combustion engines in 10-15 years

Volkswagen's premium carmaker Audi aims to phase out combustion engines and offer only electric cars in 10 to 15 years, at the latest, German weekly WirtschaftsWoche reported, citing no sources.…

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08

Jan

ASOS to invest 90 mln stg in new distribution centre, to create 2,000 jobs

British online fashion retailer ASOS said on Friday it would invest 90 million pounds ($122 million) in a new fulfilment centre in Staffordshire, central England. It said the new centre…

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08

Jan

Boeing to pay $2.5 bln to settle U.S. criminal probe into 737 MAX crashes

Boeing Co will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total…

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