09

Nov

EU should drop oil, gas and coal funding, say ministers

The European Union should halt funding of oil, gas and coal projects, EU finance ministers said, potentially cutting €2bn of yearly investments. The finance ministers called upon the European Investment…

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09

Nov

Plan to increase Portugal’s minimum wage

The new Portuguese government plans to raise minimum wages in Portugal, as new data reveals the country has one of the lowest minimum wages in Europe. Portugal continues to be…

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09

Nov

UK schools join Microsoft programme that uses tech to help students learn

Schools and colleges from across the UK have been added to Microsoft’s showcase teaching programme, which uses technology to help students learn. Four new colleges and 13 new schools will…

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09

Nov

Moody’s downgrades UK’s credit outlook

Leading ratings agency Moody's has signalled it is poised to downgrade the credit rating on Britain's government debt, warning that Brexit has triggered an "erosion in institutional strength" that threatens…

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09

Nov

China’s consumer prices rise at fastest clip in nearly 8 years

China’s producer prices fell the most in more than three years in October, as the manufacturing sector weakened on declining demand and a knock from the Sino-U.S. tariff war, reinforcing…

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09

Nov

Ryanair has been named the filthiest airline in the UK

Ryanair has been named the filthiest flight operator in the UK by passengers, according to a Which? Travel survey. In the survey of almost 8,000 people, fewer than half of…

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09

Nov

Facebook bars content claiming to name Trump impeachment whistleblower

Facebook Inc. is taking down any content that claims to name the anonymous whistleblower who ignited an impeachment inquiry into U.S. President Donald Trump, the social network announced. The company’s…

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09

Nov

Daimler chief outlines plan to cut up to 1,100 jobs

The new chief executive of Daimler has outlined plans to cut 10 per cent of managers in Germany and up to 1,100 in total worldwide, according to a letter circulated…

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09

Nov

Jail terms for 13 bankers over Monte Paschi scandal

Thirteen former bankers from Monte dei Paschi di Siena, Nomura and Deutsche Bank were sentenced to jail on Friday after a case that shook Italy’s establishment and fomented the rise…

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08

Nov

Mysterious wave of texts leave Americans confused

Text messages received overnight on Wednesday confused thousands of mobile phone users in the US. The messages were sent on Valentine's Day, but bizarrely arrived eight months later, carrying Wednesday's…

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08

Nov

EasyJet buys Thomas Cook airport slots at Gatwick and Bristol

British budget airline easyJet has bought the take-off and landing slots of failed travel company Thomas Cook at London Gatwick and Bristol airports for 36 million pounds, it said on…

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08

Nov

Billionaires’ wealth falls for the first time in a decade

The world’s richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth…

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08

Nov

Lufthansa strike continues, 600 flights cancelled

About 600 flights were cancelled on Friday as a 48-hour Lufthansa cabin crew strike entered its second day. Germany's flagship airline cancelled the flights, from a total pool of 1362 flights,…

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08

Nov

Carrefour to sell off Rue du Commerce online site

French supermarket retailer Carrefour is in talks to sell its Rue du Commerce online shopping site to French e-commerce venture Shopinvest, as it refocuses its online sales strategy on food…

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08

Nov

New PSA-Fiat Chrysler management to try to improve cost savings

The value of the cost savings announced in the planned merger between Peugeot owner PSA and Fiat Chrysler is nominal and management will target improvements over time, PSA’s chief executive…

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08

Nov

France’s privatisation push with sale of national lottery stake

The French government has launched its biggest wave of privatisations in more than a decade, kicking off the process with the sale of the majority of its stake in the…

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08

Nov

Bank of England split on rates as it warns Brexit deal would hit growth

The Bank of England has warned that weak global growth and trade barriers created by the government's Brexit deal will hit the UK economy. It came as two Bank policymakers…

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07

Nov

UK lowers security level for its ships in Strait of Hormuz

Britain lowered its security risk level for UK-flagged ships traveling through the Strait of Hormuz on Thursday, more than a month after one of its tankers was finally released from…

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07

Nov

EU cuts growth forecast, Italy worst performer in EU

The European Commission said Thursday that it has cut its growth forecast for Italy for 2020 from 0.7% to 0.4%. In its autumn economic forecasts, the Commission said: "Italy's economy…

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07

Nov

China seeks to attract more foreign investment

China’s cabinet issued guidelines on Thursday aimed at attracting more foreign investors, including plans to encourage investment in its hi-tech industries. China will step up opening-up in areas including financial…

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07

Nov

Maltese French Chamber of Commerce Celebrates 30th Anniversary

  Celebrations to commemorate the 30th anniversary of the Maltese French Chamber of Commerce culminated recently with a classical music concert by the Cordia String Quartet followed by a gala…

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07

Nov

Banks, funds propose shorter trading day in Europe

Banks and fund managers want the European stock trading day shortened by 90 minutes in a radical move they say would improve market efficiency and staff wellbeing – but exchanges…

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07

Nov

1,300 Lufthansa flights cancelled as courts approve strike

Lufthansa cancelled 1,300 out of 6,000 flights scheduled — 700 on Thursday and 600 on Friday after German airline failed Wednesday with its injunction application and subsequent appeal against strike…

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06

Nov

NOK 245 billion in net revenue from the Norwegian petroleum industry in 2020

The Norwegian State’s net cash flow from the petroleum industry in 2020 is estimated to about NOK 245 billion. The fields on the Norwegian continental shelf cover around two per…

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06

Nov

New Tallinja Bike station on campus

Malta Public Transport installed a new e-bike station at the University of Malta, making it easier for students to commute between Valletta and university. Parking has become a persistent issue…

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06

Nov

German court approves Lufthansa strike

German airline Lufthansa were dealt a blow on Wednesday after a court ruled in favour of a union strike, dismissing an injunction brought forward by the air carrier. Lufthansa had made an…

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06

Nov

Erasmus+: EU will invest over €3 billion in young Europeans to study or train abroad in 2020

The European Commission published its 2020 call for proposals for the Erasmus+ programme. 2020 is the last year of the current European Union programme for mobility and cooperation in education, training,…

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06

Nov

The 2019 Web Summit in Lisbon

CEO and co-founder of Web Summit Paddy Cosgrave speaks during the third day of the Web Summit in Lisbon, Portugal, 06 November 2019. More the 70,000 participants from 163 countries…

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06

Nov

Marks & Spencer profit down 17% on weak clothing sales

Britain’s Marks & Spencer on Wednesday reported a 17% drop in first-half profit, dragged down by falling clothing sales, illustrating the bumpy path of its latest attempt at a turnaround…

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06

Nov

France and China agree €13.5 billion trade contracts

French President Emmanuel Macron and Chinese President Xi Jinping announced major trade contracts in Beijing in Wednesday worth €13.5 billion. Deals were agreed in aeronautics, energy and agriculture. Twenty French companies…

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06

Nov

Microsoft launches new phone system for businesses in the UK

A new phone system for businesses that brings together calling, chat, meetings, calendars and email has been launched in the UK by Microsoft. Microsoft 365 Business Voice is designed as…

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06

Nov

France to set up regional quotas for foreign worker permits

France will establish a quota system, by region and profession, for issuing work permits to non-EU citizens, the country's Labour Minister Muriel Penicaud announced. It comes during President Emmanuel Macron's renewed…

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06

Nov

Dutch are the most proficient English speakers in the world

The Dutch are the most proficient English speakers in the world, a global study of English skills has found. Swedish education company used an online language proficiency test to rank…

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05

Nov

Lufthansa strike set to disrupt flights ahead of Berlin Wall anniversary weekend

A Lufthansa cabin crew 48-hour strike called for Thursday 7 and Friday 8 November strike is set to disrupt hundreds of flights. The strike was ordered by the UFO union as part…

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04

Nov

Mothercare announces plans to put UK retail business into administration

The baby and maternity-wear retailer Mothercare has announced plans to put its UK retail business into administration, putting hundreds of jobs and 79 stores at risk. The company said it…

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04

Nov

Delta Air Lines could pull out from consortium bidding for Alitalia

Delta Air Lines could pull out of a consortium looking to rescue Italy's Alitalia as it is unwilling to enter a possible bidding war with Lufthansa, newspaper Il Corriere della…

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03

Nov

World’s biggest trade deal to be delayed to 2020: draft ASEAN statement

The signing of the world's largest trade pact will likely be kicked back to 2020, according to a draft statement by Southeast Asian leaders, delaying a deal craved by China…

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03

Nov

World’s most profitable company, Aramco, to go public

Saudi Arabia’s market regulator approved on Sunday Saudi Aramco’s application to list on the domestic stock market as the kingdom seeks to diversify and create the world’s most valuable listed…

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03

Nov

Italy to ban flights by Iran’s Mahan Air from mid-December

Italy is set to ban flights by Iran’s Mahan Air, an Iranian industry official said, as the United States seeks action against the airline accused by the West of transporting…

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02

Nov

Thomas Cook brand sold to Club Med owner Fosun for £11m

The Thomas Cook brand has been saved from obscurity after the Chinese owner of Club Med said it would buy the name for £11m. Fosun Tourism, which was seen as…

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02

Nov

Kraków chosen as best city break destination in Europe for third year running

Members of leading British consumer association Which? have chosen Kraków as Europe’s best city break destination for the third year in a row. The Polish city finished ahead of Spanish…

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02

Nov

Facebook to allow UK election candidates to run false ads

CNN reports that a controversial policy allowing politicians to run false ads on Facebook will extend to the United Kingdom as the country prepares to vote in a historic December…

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01

Nov

Ninja Theory is using gaming to help people with mental health issues

A Microsoft studio is launching a project to use video games, technology and clinical neuroscience to help people with mental health conditions and promote well-being. Ninja Theory, which was widely…

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01

Nov

British Government acts to improve road safety by closing mobile phone loophole

The British government has confirmed it will close a legal loophole which has allowed drivers to escape prosecution for hand-held mobile phone use while behind the wheel. Transport Secretary Grant…

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01

Nov

Tesco vows to remove 1 billion pieces of plastic packaging by end-2020

Britain’s biggest retailer Tesco has pledged to remove one billion pieces of plastic packaging from products in its UK stores by the end of 2020, seeking to reduce its environmental…

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01

Nov

New Russian controls on the internet

A law introducing new controls on the internet has come into force in Russia amid concerns it may be used by the government to silence its critics. The so-called "sovereign…

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01

Nov

Lebanese banks reopen for first time in two weeks

Lebanese banks opened to customers on Friday for the first time in two weeks following an unprecedented wave of protests that led the prime minister to resign, with small numbers…

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01

Nov

UK will not appoint new BoE chief before December 12 election

Britain’s government will not name a successor to Bank of England Governor Mark Carney before a national election due on Dec. 12, a finance ministry official said. Earlier on Thursday,…

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01

Nov

Unemployment in Italy up to 9.9% in September

Italy’s ISTAT said that the country’s unemployment rose was 9.9% in September, up from 9.6% in August. The national statistics agency reported that the number of people looking for work…

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31

Oct

German jobless total rises more than expected in October

German unemployment rose more than expected in October, data showed on Wednesday, suggesting that a manufacturing crisis in Europe’s largest economy is spilling over to the labour market. Data from…

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31

Oct

US grounds all non-emergency Chinese-made drones

Chinese drone maker DJI said on Thursday that the U.S. Department of Interior has grounded all non-emergency Chinese-made or part-made drones as part of a review of its entire drone…

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31

Oct

Conad’s rescue plan for Auchan to require dismissal of 3,105 staff

The industrial plan presented by Italian supermarket group Conad for the ''rescue'' of Auchan calls for laying off 3,105 workers who will be offered ''different occupational solutions'. Some of these…

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31

Oct

MIA McDonald’s Manager Receives Prestigious Global Award

Lucia Salama, McDonald’s Restaurant Manager at Malta International Airport, has won the Ray Kroc Award, an accolade that recognizes the top performing McDonald’s restaurant managers globally. Ms Salama was one…

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31

Oct

Lufthansa ready to invest up to 200 million euros in Alitalia

German carrier Lufthansa is ready to invest up to 200 million euros in struggling Italian airline Alitalia, a source close to the matter said on Thursday. Confirming reports in two…

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31

Oct

Qantas grounds Boeing 737 plane due to ‘cracking’

Australian airline Qantas has grounded one of its Boeing 737 NG planes after discovering "cracking" in one section. The carrier said several airlines were inspecting their 737 NG fleets after…

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31

Oct

Fiat Chrysler, Peugeot join forces to create world’s No.4 carmaker

Fiat Chrysler and Peugeot's owner PSA said on Thursday they would join forces through a 50-50 share swap to create the world's fourth-largest carmaker. The boards of the two groups…

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31

Oct

Peugeot owner’s board approves merger with Fiat Chrysler

The board of France’s PSA, owner of Peugeot, has given chief executive Carlos Tavares approval to launch a full-scale merger with Fiat Chrysler Automobiles, which would create one of the…

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