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Italian President receives PM Conte’s resignation

Italian Prime Minister Giuseppe Conte went to see the head of state on Tuesday to hand in his resignation, hoping to be given the opportunity to try to put together a new coalition and rebuild his parliamentary majority. Conte lost his absolute majority in the upper house Senate last we...

Scarce niche syringes complicate U.S. plan to squeeze more COVID shots from Pfizer vials

(Reuters) - The U.S. government's effort to squeeze more doses from Pfizer Inc's COVID-19 vaccine vials is spurring unanticipated demand for specialized syringes that the world's largest syringe supplier says exceeds existing capacity. Becton Dickinson and Co began scaling up syri...

China to conduct military drills in S. China Sea amid tensions with U.S

BEIJING (Reuters) - China said on Tuesday it will conduct military exercises in the South China Sea this week, just days after Beijing bristled at a U.S. aircraft carrier group's entry into the disputed waters. A notice issued by the country's Maritime Safety Administration prohibited e...

EU Cohesion funds support creation of a vital tool for special people

The digital age, an era which until a few decades ago was unimaginable, is now an integral part of our lives. The more we age, the more we must get used to a life where people communicate more through messages on their mobile phone than through their vocal cords. Getting used to the dig...

Malta: Unemployment rate stable for third month in a row

The rate of unemployment in December 2020 remained at 4.5 percent for the third consecutive month, 0.9 percentage points above the rate registered in the same month the previous year. Figures by the National Statistics Office show a total of 12,490 unemployed people in December, the second ...

New restrictive measures expected in Feb – Malta News Briefing – Tuesday 26 January 2021

Updated 1300 - Covid-19 update The Health Department reported 138 new cases of coronavirus in the previous 24 hours, with 128 recovering. The number of active cases has reached 2,640. 3,248 swab tests were carried out in the past 24 hours.Meanwhile, the number of deaths linked to Covid-...

EU Cohesion funds support creation of a vital tool for special people

EU Council adopts conclusions on climate and energy diplomacy

EU Foreign Ministers have reached agreement on a numebr of Climate and Energy Diplomacy targets, with the intended objective of delivering on the external dimension of the European Green Deal. The Council recognised that climate change is an existential threat to humanity. It notes that...

Britain confident that vaccine makers will deliver for both UK and EU

Britain and the European Union should both get the vaccines they have ordered and it is wrong to respond to supply problems with restrictions, Nadhim Zahawi, the British COVID-19 vaccine deployment minister, said on Tuesday. German Health Minister Jens Spahn earlier backe...

Mastercard to increase charges for UK purchases from EU – FT

Financial Times - Mastercard will increase fees more than fivefold when a British shopper uses a debit or credit card to buy from an EU-based company, sparking alarm among companies that rely on online payments and concern among MPs over higher consumer prices. Mastercard and Visa levy an...

MEPs vote to add Channel and British Virgin Islands to tax haven blacklist

The European parliament is pushing for UK overseas territories including the British Virgin Islands, Guernsey and Jersey to be added to an EU tax havens blacklist after the conclusion of the Brexit deal. Sending a signal that tougher action on tax avoidance was required in response to t...

EU to seek more time to ratify trade deal with UK – FT

The Financial Times reports that the EU is set to ask Britain for more time to ratify the new trade deal despite the UK urging the EU to press ahead quickly, with the issue becoming a fresh point of tension between the two sides. The report states that the diplomats which are quoted b...

EU Cohesion funds support creation of a vital tool for special people

Malta: Unemployment rate stable for third month in a row

Photo Story: The exhibition Laboratory of the Future Kinetic Art in Russia in Moscow

The artwork 'Wave' of Russian artist Vladimir Martirosov is displayed in the exhibition 'Laboratory of the Future Kinetic Art in Russia' in the New Tretyakov Gallery in Moscow, Russia, 25 January 2021. The exposition includes about 400 works, demonstrating the development of kinetic art in...

EU approves Malta Budget but forecasts lower growth than Govt for 2021

The European Commission has green-lighted Malta's budget for 2021, noting that it was largely in line with Council recommendations made earlier this year, with most initiatives intended to supporting economic…

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Malta- Business, consumer confidence remain dim – CBM Report

Economic growth prospects remain dim according to the latest Sentiment Indicator surveyed by the European Commission and published by the Central Bank of Malta, possibly reflecting the rise in COVID-19…

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Cost of living increases in Malta as eurozone sees decline in prices

In August 2020, a month in which COVID-19 containment measures continued to be lifted, euro area annual inflation is expected to be -0.2%, down from 0.4% in July according to…

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CiNext – Reskilling is a social imperative

by Jesmond Saliba From CorporateDispatch PRO The pandemic has knocked down many of our assumptions; the idea of reskilling is not among them. If anything, its relevance has only risen…

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Financial sector stability remains strong – CBM

The resilience of the Maltese banking sector has improved and the sector entered the pandemic phase with healthy capital levels and strong liquidity. This was the assessment of the Central…

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Maltese economy heading to unprecedent contraction – CBM

Latest data suggest that the Maltese economy is likely to have recorded an unprecedented contraction in the second quarter of 2020, though there are signs of some stabilisation in the…

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Hostels in Europe see modest recovery in bookings – Hostelworld

Youth hostels in Europe have seen very modest growth in bookings in the past few weeks, but the Americas, Asia and Oceania remain very depressed due to COVID-19, leading hostel…

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Russia, Malta agree to raise withholding tax on interest, dividend payments to 15%

Russia and Malta have agreed to amend their taxation treaty, Russia's finance ministry announced on Friday, raising the withholding tax rate for interest and dividend payments to 15%, with exceptions…

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CiNext – Corporate boycotts expose an inconvenient truth

by JOHN FOLEY via REUTERS BREAKINGVIEWS Boycotts can really work. Think of what happened to the Montgomery city transit system in Alabama in 1955, when Black passengers stopped taking…

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The nexus between business, policy & society

Social wellbeing cannot be reduced to GDP; quality of life, ethical standards, safety systems, and personal achievements are not accounted for by the size of an economy. And in reflection…

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Reinventing business on purpose

by Nathanael Muscat A demarcation lines between industries and offerings become ever more blurred, purpose is fast emerging as a key strategic driver for sustainable growth. Traditionally, high-growth strategies involve…

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The normality that never was

by Jesmond Saliba - CiConsulta The amusing thing about our collective drive towards the so-called ‘new normality’ is that the times before the Covid-19 crisis never felt like normalcy of…

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The private sector and bailout sustainability

by Matthew Bugeja There is a term to describe what COVID19 is: a black swan event. Perhaps one of the best definitions of a black swan event comes from the…

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How to Avoid Extra Stress caused by Frequent and Intensive Internal Communication

by Tanja Tatomirovic One of the things I learned in childhood was not to accumulate material goods, because, as my parents taught me, in that case, I would not recognize the…

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Economics vs Health in fighting Covid-19

by Matthew Bugeja Everything is about COVID19 at the moment. There is no escaping the unprecedented impact it has had on the entire planet in just three short months. Short…

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Foreign predatory buying of EU crucial industries

by Claire Hollier Considering the current economic crisis caused by the COVID-19 pandemic, there are signs of increased concern that European companies, notably those in critical sectors, are increasingly vulnerable…

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When oil became waste

By David Gaffen The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of U.S. oil futures, which had never…

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Minding our SMEs’ business

by Jesmond Saliba It seems obvious today that there is a symbiotic relation between national health and the economy. What is less immediately obvious is that anxiety is causing as…

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First in, last out

by Jesmond Saliba Tourism was the first sector to feel the brunt of the coronavirus and, given the overlapping nature of the situation, it may be the last to emerge…

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Avoid crash-landing Air Malta

by Jesmond Saliba Air Malta has, inevitably, been caught up in the Covid-19 turbulence. Every airline around the world has been crippled by stringent passenger travel bans resulting in grounded…

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The Brands That Will Survive Covid19: Those That Kept Communicating

by James Vella Clark “All we need to do is make sure we keep talking” ‘Keep Talking’ - Pink Floyd. When three weeks ago, people started retreating inside their homes,…

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The public side of the private sector

by Jesmond Saliba It only took a few days of partial lockdown to demonstrate how deeply our separate lives are connected by our consumption patterns. From the fuel we put…

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Laugh, Cry and Breathe… how to cope with the nauseating roller coster of emotions

Are you OK? But are you… really? It’s fine if your not, you know. A lot of people are definitely not OK right now. As we keep hearing, we are…

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Defining essential business

The restriction of businesses is a painful but necessary measure as the pandemic response strategy enters a critical period. In the middle of the Covid-19 crisis, authorities must walk a…

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What are the employer and employee rights and duties when implementing teleworking arrangements?

On Friday the 20th of March 2020, the Superintendent for Public Health of Malta announced that Malta had 11 new confirmed cases of coronavirus. The “eighth case”, as identified by the…

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Generation Alpha will follow Generation Z

Alpha, is what the unofficial namers of generations—marketers, researchers, cultural commentators, and the like—have affixed to Gen Z’s successors, the oldest of whom are on the cusp of turning 10,…

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Malta Chamber calls for a Minister for Good Governance

President Perit David Xuereb said that over the past weeks, the Chamber had compiled a report, that proposed 65 concrete recommendations aimed at solving the country’s problems with good governance.…

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Do we have time for physical activity?

It's a standard in the Corporate world, that many busy executives set one of their New Year’s resolutions to primarily focus and find more time to exercise. The New York Times…

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What to expect in 2020’s geopolitical scenario – Matthew Bugeja

2019 was quite the year. Looking back, there have been a few surprises. But I have been writing these geopolitical forecasts for about six years, and I cannot say that…

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Importance of Intrapeneurs for a thriving business

Companies that become complacent and fail to create cultures where employees can be creative are going to be left behind and go out of business. And the benefits of intrapreneurial…

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How Managers Can Truly Inspire Their Teams

As a manager, you have an important responsibility to maintain the morale of your team. They want to feel seen, heard and appreciated. But this isn't always possible if you…

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Rumination converts pressure intro stress

Pressure is not stress. But the former is converted to the latter when you add one ingredient: rumination, the tendency to keep rethinking past or future events, while attaching negative emotion to those thoughts.…

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How to overcome your 3 AM work thoughts

Many of us think about work outside of the office — that’s where some of our best ideas emerge. However, thinking about work often means stressing about work, which can…

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Malta : Bond Issuer Rankings – Edward Rizzo

All bond issuers on the Regulated Main Market and the companies that act as guarantors to several of the issuers have now published their annual financial statements and also their…

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Breathing Back LIFE Into Family Business

Breathing back LIFE into such struggling businesses is possible when people are put first. - Dr Anthony Sammut Partner NOUV I come from a family business background, (no surprise given that…

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Malta: Unemployment rate stable for third month in a row

The rate of unemployment in December 2020 remained at 4.5 percent for the third consecutive month, 0...

Britain confident that vaccine makers will deliver for both UK and EU

Britain and the European Union should both get the vaccines they have ordered and it...

Ten Rotterdam police officers injured, 150 people arrested in coronavirus lockdown riots

Dutch police detained more than 150 people in a third night of unrest in cities across the Net...

Photo Story: Invasion Day rally in Melbourne

People take part in an Invasion Day rally in Melbourne, Australia, on 26 January 2021. Australia Da...

Blast heard in Saudi capital Riyadh – UPDATED

RIYADH, Jan 26 (Reuters) - An explosion was heard in Saudi Arabia's capital Riyadh on Tue...

US Senate Committee greenlights Blinken as Secretary of State

The U.S. Senate Foreign Relations Committee on Monday approved the nomination of President Joe Bide...

Vaccine delays push European stocks to two-week low

European shares closed at two-week lows on Monday as a slump in German business morale undersc...

Turkey’s economy to grow by 6% in 2021 – IMF

WASHINGTON, Jan 25 (Reuters) - Turkey's economy will grow by about 6% in 2021, before settling...

China, NZ ink trade deal as Beijing calls for reduced global barriers

China and New Zealand signed a deal that upgrades their existing free trade pact on ...

Italian President receives PM Conte’s resignation

Italian Prime Minister Giuseppe Conte went to see the head of state on Tuesday to hand in his resig...

Oil price slides continues as hopes for rapid approval of US stimulus plan fades

Oil prices fell on Tuesday as fading hopes for a rapid approval of new U.S. economic stimulus ...

Trump’s impeachment formal charge submitted to Senate

The House of Representatives formally delivered to the Senate on Mond...

Injured Tunisian protester dies, fuelling new clashes

TUNIS (Reuters) - A Tunisian protester injured during clashes with police has died in hospital, sta...

Putin calls pro-Navalny marches illegal, new protest set for Sunday

Russian President Vladimir Putin condemned weekend protests demanding the release of jailed Kremlin...

Merkel, Biden agree to stronger cooperation

German Chancellor Angela Merkel and U.S. President Joe Biden agreed in a phone call on Mo...

China to conduct military drills in S. China Sea amid tensions with U.S

BEIJING (Reuters) - China said on Tuesday it will conduct military exercises in the South China Sea...

UPDATED – Cabinet approves decree guaranteeing CONI’s independence as Italy risked Olympic Games exclusion

Updated 1145 - Cabinet approves decree safeguarding CONI's independence In his last Cabinet ...

Germany calls for immediate release of Navalny and his supporters

Germany on Monday reiterated its call on Moscow to immediately release Kremlin critic Alexei Navaln...

U.S. “proud to be back” in climate fight, Kerry tells leaders

The United States is "proud to be back" in international efforts to tackle global warming, Washingt...

Italy sends warning letter to Pfizer over COVID vaccine delays

ROME, Jan 25 (Reuters) - The Italian government on Monday sent a letter of formal notice to Pfizer ...