Business

The 35th ASEAN Summit and Related Summits, in Bangkok

ASEAN Economic Ministers hold hands for a group photo after the 18th ASEAN Economic Community (AEC) Council Meeting of the 35th Association of Southeast Asian Nations (ASEAN) Summit at…

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Twitter to ban all political ads

Twitter will ban all political advertising on its platform beginning next month, Chief Executive Jack Dorsey announced on Wednesday. In a series of posts, Dorsey said politicians should earn their…

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Brent price seen within $60 to $65 next year – IEEJ

Brent crude prices are expected to be around $60 to $65 a barrel next year as any possible price hikes from geopolitical risks would be countered by ongoing trade war,…

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International operation breaks e-commerce fraudsters ring

A joint law enforcement operation supported by 19 countries led to the arrest of 60 people suspected of fraud. The main aim of the 2019 e-Commerce Action (eComm 2019) is…

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Euro zone economic sentiment worsens as gloom spreads to services

Euro zone economic sentiment deteriorated in October for a second straight month, data showed on Wednesday, as pessimism in industry spread to services and consumers in a bad sign for…

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Facebook agrees to pay UK fine over Cambridge Analytica scandal

Facebook has agreed to pay a 500,000-pound fine for breaches of data protection law related to the harvesting of data by consultancy Cambridge Analytica, Britain’s information rights regulator said on…

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30

Oct

De La Rue warns on profit again

Passport maker De La Rue warned on Wednesday that its annual profit would be significantly lower than market expectations, as its new top boss, a turnaround specialist, leads a review…

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The new Microsoft Project rolls out to customers worldwide

Microsoft on Wednesday announced a major step toward achieving the vision of increased productivity using the power of the cloud to help people and organizations achieve more, with the general…

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European Commission opens investigation into public support for Air Nostrum’s fleet renewal in Spain

The European Commission has opened an in-depth investigation to assess whether the plan by the Spanish region of Valencia to grant €9 million of public support to regional airline Air…

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Australia takes Google to court over geolocation practices

Australia is taking Google to court over geolocation data-collection practices. The Australian Consumer Commission (ACC) has filed a lawsuit on allegations that the electronics behemoth misleads the public on how…

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Austrian Post fined for selling customer data

Austrian Post has been ordered to pay €18 million for collecting and selling mailers' perceived political preferences. The Austrian Data Protection Authority decided on the administrative penalty after finding that…

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NOUV, AtoZ Electronics Form New Company To Start Offering Cyber-Security Solutions

One in five IT decision-makers claimed cyber-attacks left no clue to their identity, while 54% said they had faced at least one attack in the past two years that resulted…

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UPDATED: Peugeot owner in merger talks with Fiat Chrysler

PSA Group, the French owner of Peugeot, is exploring a merger with its US-Italian rival Fiat Chrysler. After ditching a proposed merger with French rival Renault in June, Fiat Chrysler…

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TikTok owning company eyeing IPO

ByteDance, the $75bn Chinese start-up that owns the short-form video app TikTok, is eyeing an initial public offering in Hong Kong as soon as the first quarter of next year,…

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UniCredit says 3 million clients hit by data breach

Italian banking giant UniCredit said Monday that around three million of its clients in Italy were affected by a data breach in 2015, while stressing that account details were not…

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Louis Vuitton owner eyes Tiffany takeover

The company behind Louis Vuitton has approached Tiffany over a possible takeover - with the proposed deal reportedly valuing the jeweller at $14.5bn. LVMH, the world's biggest luxury group, said…

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HSBC restructuring plans fuel fears of job cuts

HSBC is planning to restructure its business after the banking giant said its performance in parts of Europe and the US was "not acceptable". Interim chief executive Noel Quinn said…

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Euro zone corporate lending growth plunges in Sept

Bank lending to euro zone companies plunged last month, suggesting that the bloc’s economic slowdown is finally slowing lending after a period of surprising resilience, data from the European Central…

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Instagram extends self-harm ban to drawings and cartoons

Social media company Instagram has said it will remove images, drawings and memes showing methods of self-harm or suicide from its platform. The move follows the death of British 14-year-old…

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HSBC warns of ‘challenging’ outlook as profit falls

HSBC saw an 18% drop in pre-tax profit during the third quarter, as the bank warned of challenges ahead. Europe's largest bank said profit before tax hit $4.8bn (£3.8bn) in…

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Unemployment fuels unrest in Arab states: IMF

Unemployment and sluggish economic growth are fuelling social tension and popular protests in several Arab countries, the International Monetary Fund said Monday. The unrest is in turn contributing to slower…

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Hong Kong enters recession as protests show no sign of relenting

Hong Kong has fallen into recession, hit by more than five months of anti-government protests that show no signs of relenting, and is unlikely to achieve annual economic growth this…

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Nutella biscuits to hit Italian shelves in the coming days, after their piloting in Malta and launch in France

55 years from the birth of Nutella, Ferrero will be officially launching its first biscuits filled with the famous hazelnut cream in Italy this week. Nutella Biscuits are produced in…

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Teaching and learning in the digital age: 450,000 students and teachers use the EU’s SELFIE tool for schools

As one year has passed since the launch of SELFIE (Self-reflection on Effective Learning by Fostering Innovation through Educational technology), the European Commission's free online tool that helps schools assess…

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Greece welcomes upgrade by Standard and Poor’s

Greece on Saturday welcomed its foreign debt rating upgrade by Standard and Poor’s as proof of further growth after a nearly decade-long debt crisis. Emerging from its third straight bailout…

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Telegraph newspapers up for sale

The Barclay family has put the Daily and Sunday Telegraph newspapers up for sale as it assesses its multibillion-pound business investments in the United Kingdom, The Times reported. Daily Mail…

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France introduces new rules for e-scooters use

France is bringing in new rules for the use of electric scooters following hundreds of incidents involving the vehicles, including several deaths. From Saturday, riders will be required to be…

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S&P says it could cut UK rating after no-deal Brexit

Ratings agency Standard & Poor’s said it would cut Britain’s AA credit rating if the country leaves the European Union without a deal and warned that Brexit indecision was causing…

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Microsoft wins Pentagon’s $10 billion cloud computing contract

Microsoft Corp. has won the Pentagon’s $10 billion cloud computing contract, the Defense Department said on Friday, beating out favourite Amazon.com Inc. The Joint Enterprise Defense Infrastructure Cloud (JEDI) contract…

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Eni production rate hits record high as third-quarter profit slumps

Italian energy group Eni racked up its highest ever production rate in the third quarter and said more was to come as net profits fell sharply on lower oil and…

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Debenhams appoints chairman

British department store group Debenhams said Mark Gifford, a former chief financial officer at rival House of Fraser, had been appointed as the chairman of its parent group Celine Jersey…

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Lives at risk if wireless technology demands are not held in check: UN weather watchdog

Amid growing competition for radio wave space due to new wireless technologies, the World Meteorological Organization (WMO) called on governments to protect radio frequencies allocated to potentially life-saving weather forecasting services. Earth…

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South Korea grounds nine Boeing 737 NG planes with cracks

South Korea’s transport ministry on Friday said nine Boeing Co 737 NG planes in the country had been grounded after checks found structural cracks requiring repairs. The suspension follows an…

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Boeing Max Design and Pilot Failures Blamed for Lion Air Crash

Indonesian investigators found scores of problems and missteps in connection with last year’s fatal Lion Air crash, ranging from design flaws in Boeing Co.’s 737 Max airplane to certification failures by U.S. regulators…

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Fiat Marks 120th Anniversary By Sponsoring Bonham’s London To Brighton Veteran Car Run

The oldest Fiat in the UK, the 1899 Fiat 3½hp, is set to mark the 120th anniversary of the brand by taking to the road as a sponsor of the…

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Microsoft beats profit estimates

Microsoft Corp beat analysts’ quarterly profit estimates, but growth in its Azure cloud computing platform slowed from a year earlier. The software maker's net income rose to $10.68 billion, or…

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German MPs urge Merkel to keep Huawei out of 5G network

A group of MPs from Angela Merkel’s center-right Christian Democratic Union (CDU) is pressing the German chancellor to keep Chinese telecom company Huawei out of the country's 5G network, citing national…

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Social media linked to poor sleep among teens

Teens who use social media for three hours or more per day have problems falling asleep and then struggle to get up for school the next morning, experts say. Their…

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Facebook’s Zuckerberg grilled in US Congress over ‘risky’ Libra

Facebook Inc CEO Mark Zuckerberg conceded that the company's planned digital currency Libra was a "risky project," but sought to reassure sceptical US lawmakers that it could lower the cost…

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Nike CEO Mark Parker to step down

Nike Inc’s long-time chief executive officer, Mark Parker, will step down next year and be replaced by John Donahoe, the CEO of cloud computing firm ServiceNow Inc, the footwear…

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Fiat Chrysler to build new car battery hub in Turin

Fiat Chrysler will build a new battery assembly complex in its Mirafiori plant in Turin, with an initial investment of 50 million euros, the carmaker announced. Batteries produced in the…

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French media company Banijay close to buying Endemol

French media company Banijay is close to sealing a deal to acquire Endemol Shine, the production house behind such global television hits as “The Voice” and “Black Mirror,” a source…

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Lion Air families told of fatal Boeing 737 crash causes, changes at the helm of Boeing

Mechanical and design problems with the flight control system were among the causes of last year's Lion Air crash, families of the victims have been told. Indonesian investigators focused on…

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Kia posts record sales in Europe

Kia Motors registered its strongest year-to-date performance in Europe yet with over 120,800 units sold during the third quarter of 2019. Data by the European Automobile Manufacturers Association (ACEA) shows…

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New Surface devices are ‘best of Microsoft coming together’

Microsoft’s broadest Surface lineup was revealed earlier this month, with new devices including the Surface Laptop 3, Surface Pro 7, Surface Pro X as well as new Surface Earbuds announced…

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eCabs Goes Pink for Breast Awareness

Five eCabs vehicles have been wrapped in a distinct pink colour as the company once again collaborates with the Marigold Foundation’s annual Pink October initiatives to promote Breast Cancer Awareness.…

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Harvest Technology is the first new partner of the Microsoft Innovation Centre

An agreement with Microsoft was signed between Microsoft Malta and Harvest Technology which incorporates PTL Limited and APCO Systems Limited, through which Harvest will be contributing expertise, knowledge and talent…

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Airbus Helicopters considers giving up factory in Romania

Airbus is considering giving up the completion of its new helicopter factory in Brasov, central Romania, where it has already invested EUR 10 million of a total of EUR 15…

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GO Hosts European Telecommunications Network Operators’ (ETNO) General Assembly

GO has hosted ETNO’s 58th General Assembly in Malta, which was held over two full days. Considered as ‘the foremost voice in Europe for the telecommunication industry’, the European Telecommunications’…

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World Internet Conference in China

Visitors at the 6th World Internet Conference, also known as Wuzhen Summit, in Wuzhen, China, on Monday 21 October 2019. As many as more than 600 internet enterprises from…

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John Lewis and Waitrose to stop putting plastic toys in Christmas crackers

John Lewis and Waitrose have said they will stop putting plastic toys inside Christmas crackers. The John Lewis Partnership, which operates both retailers, made the decision as part of plans…

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Seat forced to halt production amid demonstrations in Barcelona

Volkswagen Group's Spanish brand, Seat, was forced to halt production amid demonstrations in Barcelona following the jailing of Catalan separatist leaders, Spanish media said. Seat stopped production lines from midday…

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Russian hackers hit Iranian hacker group

An Iranian hacking group was itself hacked by a Russian group to spy on multiple countries, UK and US intelligence agencies have revealed. The Iranian group - codenamed OilRig -…

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Australian media unites to rally for press freedom

Australian media companies have redacted their front pages to highlight the constraints on media organisations under strict national security legislation. National mastheads, including The Australian and the Financial Review, ran…

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Strike by Lufthansa subsidiaries staff in Germany

View of empty check-in desks in Tegel airport in Berlin, Germany, 20 October 2019. According to the Independent Flight Attendants Union (UFO), some staff of the German Lufthansa subsidiaries Eurowings,…

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Study by the Faculty of Social Wellbeing and the NSO finds links between housing costs, health conditions and loneliness – The Headlines: Malta Today

Malta Today says that the police have been given the name of a middleman by one of the suspects in the assassination of Daphne Caruana Galizia, suggesting a double-tier structure between…

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International police action against Belarussian organised crime group involved in international cargo thefts

The German Police Department Heidekreis, in cooperation with the French Gendarmerie and Czech authorities, the German State Criminal Police Office of Saxony-Anhalt, EMPACT OPC, and Europol dismantled a Belarussian organised…

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