Business

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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UK government backs Microsoft and University of Cambridge mission to build better AI

The UK government is backing a multi-million-pound initiative to help researchers improve artificial intelligence so it can be used more effectively in key areas such as healthcare. The research program,…

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Record-breaking direct New York to Sydney flight touches down

The first non-stop commercial airline flight from New York to Sydney has landed after 19 hours 16 minutes in the air. A total of 49 passengers and crew were on…

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Johnson & Johnson recalls baby powder in US after asbestos discovery

Health care giant Johnson & Johnson has recalled 33,000 bottles of baby powder in the US, after health regulators found trace amounts of asbestos in a bottle purchased online. Government…

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Boeing faces new crisis as senior pilot claims he might have ‘unintentionally’ misled regulators

A Boeing pilot warned about problems with the flight-control program on the 737 Max that was implicated in two fatal crashes, said he “unknowingly” lied to regulators, and told the Federal…

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British pound drops after Northern Ireland’s DUP says cannot back Brexit deal

The British pound skidded on Thursday after Northern Ireland’s Democratic Unionist Party said it could not support the Brexit deal as it currently stands. Sterling slid as much as 0.6%…

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Carlsberg makes progress on Green Fibre Bottle

During the C40 World Mayors Summit in Copenhagen, Denmark, the Carlsberg Group presented an update on its journey to create the Green Fibre Bottle, the world’s first "paper bottle"…

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Salary demands in Malta is main HR Challenge for 75% of Employers

Local employers are being faced with a three-pronged challenge at this point in time namely: a demand for higher salaries from employees, lack of necessary experience and skills, as well…

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Over a Coffee . . . with Lawrence Pavia, Managing Director, Island Insurance Brokers

How would you describe yourself in a few words? Eternal optimist, passionate in whatever I decide to get invovled in and positive. What drew you to the insurance business? After…

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Artie III sailing team is back and ready to rumble

The new Artie III boat was launched at the Marina di Valletta ahead of the 2019 Rolex Middle Sea Race. The team has set high expectations for itself, by entering…

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Several flights to Bilbao canceled due to strong winds

A plane maneuvers to land at Bilbao airport amid strong winds, in Basque Country, northern Spain. Several flights with destination Bilbao have been canceled and many others had to deviate…

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Sovereign launches 3rd annual art foundation students prize

Sovereign Trust (Malta) Limited, part of the worldwide Sovereign Group, in association with The Sovereign Art Foundation, announce the launch of the 3rd annual Sovereign Art Foundation Students Prize…

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Lufthansa cabin crew urged to strike

Lufthansa flights might be heading towards disruption as German cabin crew union UFO urged members to walk off their jobs at on October 20th, although the carrier contests the union’s…

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VW postpones final decision on Turkey plant

Volkswagen Group has postponed the final decision whether to build a car plant in Turkey, a company spokesman said, amid international criticism of the country's military operation in Syria and…

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U.S. Carried Out Secret Cyber Strike on Iran After Saudi Oil Attack

The United States carried out a secret cyber operation against Iran in the wake of the September 14 attacks on Saudi Arabia's oil facilities, which Washington and Riyadh blame on…

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Natuzzi using Microsoft HoloLens to give customers in London a glimpse of the future of retail

Shoppers in the UK will be able to use cutting-edge mixed-reality technology in one of Natuzzi’s UK stores to see how furniture would look in their home before they buy…

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Brexit already cost UK economy almost £70bn

According to a new report from the Centre for European Reform, Brexit has already cost the UK economy almost £70bn – the equivalent of £440m a week or £840 for every…

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US charges Turkey’s Halkbank with violating Iran sanctions

US prosecutors filed criminal charges against Turkey's state-run Halkbank for allegedly taking part in a multibillion-dollar scheme to evade sanctions on Iran. The indictment is the latest development in a…

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Primark warns shoppers not to buy its products online

Primark has warned customers not to purchase its products from third parties online as they will be paying higher prices for them than in store. Reports had suggested Primark…

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Global economy enters a ‘synchronised stagnation’ period – FT

The global economy has entered a period of “synchronised stagnation” with weak growth in some countries and no growth or a mild contraction in others, according to research by the…

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Malta Budget 2020 – The measures, the headlines, the review (UPDATED)

Finance Minister Edward Scicluna presented the 2020 Budget on Monday. This is a review of the salient elements reported and measures announced. The Budget Measures The COLA for next year…

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UK firms to cut costs and hiring in next 12 months

Prolonged political uncertainty in Britain is forcing finance directors to cut costs and hold off hiring to help companies prepare for an unpredictable year ahead, according to a survey by…

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2019 Sees Average Salary Increase of 3% in Malta, but Entry Level Salaries Decrease

While the average salary increase in 2019 was of 3%, and salaries have in some areas remained static, the entry level salary of some positions has decreased, thereby leading to…

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Michelin announces its intention to close the La Roche-sur-Yon site, in France

The Michelin group announced to the La Roche-sur-Yon employees in France its plan to close the site. The commitment of the employees and the efforts of the company proved insufficient…

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Saudi Arabia opens tourist visas to U.S., European visa holders

Tourist visas for Saudi Arabia are now available online and on arrival to holidaymakers who already hold a visa from the United States, Britain or the EU’s Schengen zone, expanding…

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Sony confirms PlayStation 5 name, holiday 2020 release date

Sony announced its next-generation console will be called PlayStation 5 (PS5) and will be launching around the Christmas season of 2020. According to reports, the new PS5 will feature a…

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Hundreds of German companies call for EU help as Brexit fears bite

Hundreds of German companies have appealed for more direct support from Brussels and a business-friendly stance from EU lawmakers as they grapple with the effects of Brexit, the US-China trade…

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Volkswagen mulling sale of Lamborghini

Volkswagen is looking at options for its luxury brand Lamborghini, including a sale or stock listing, Bloomberg reported, citing people familiar with the matter. Chief Executive Herbert Diess in March…

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‘Business as usual’ for oil after Saudi attacks, oversupply looms: IEA

Global oil markets have quickly recovered from attacks on Saudi oil facilities last month and even face oversupply next year as global demand slows, the International Energy Agency said. Saudi…

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Daimler issues mass van recall over emission violations

The German Federal Motor Transport Authority (KBA) has ordered auto giant Daimler to recall several hundred thousand vehicles for breaking diesel emissions regulations, the car manufacturer said Friday. Daimler, which…

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Express Trailers Supports the MALTA CLASSIC 2019

Express Trailers remains committed to promoting the importance of more road safety on Malta’s roads. The aspect of safety is in fact a defining trait at Express Trailers where the…

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Mastercard, Visa and eBay quit Facebook’s proposed Libra global digital currency group

Facebook's proposed global digital currency has suffered a setback after major payment companies including Mastercard, Visa and eBay pulled out. Stripe and Latin American payments company Mercado Pago also announced…

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