Business

Reports that Google made large contributions to climate change deniers

The Guardian reports that Google has made “substantial” contributions to some of the most notorious climate deniers in Washington despite its insistence that it supports political action on the climate…

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Photo Story: International Sofia Motor Show 2019

A Jeep Renegade (L) and a Jeep Wrangler are on display during the media day of the International Sofia Motor Show 2019 in Sofia, Bulgaria, 11 October 2019. The Sofia…

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Renault fires CEO Bollore

Thierry Bollore, Renault Chief Executive Officer, was dismissed from the post with immediate effect. Financial director Clotilde Delbos was appointed to take over his job on an interim basis. The company…

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Etna eruptions cause partial air-space closure

Fresh eruptions on the Etna caused big clouds of volcanic ash on Friday, prompting the authority in charge of Catania airport to close a section of Sicily's air space. As…

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Ship passengers protest after missing stops on ‘Norwegian Spirit’ cruise

Cruise passengers upset about being forced to miss several scheduled stops in Europe erupted in protest aboard the Norwegian Spirit cruise ship. Protests broke out earlier this week in the…

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Ferrero to make all its packaging 100% reusable and recyclable

The Ferrero Group has announced plans to make all its packaging 100% reusable, recyclable or compostable by 2025. Ferrero said it is committing to eliminating unnecessary plastic packaging through redesign,…

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Risk that third of EU undergrads at UK universities could be forced to return home before completing their courses under no-deal Brexit

Top universities have warned that no-deal Brexit immigration plans are a "major own goal", because they will force over a third of EU undergraduates to leave Britain before they can…

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Bank of England unveils new £20 note

The new 20-pound note was unveiled at the Turner Contemporary Museum in Margate, Britain. The 20-pound note is Britain's most common, and most forged. Security features on the next £20…

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Warning of major job losses across Ireland if UK crashes out of EU

The Irish Central Bank has issued stark warnings and significant job losses in Ireland in the event of a no-deal Brexit. A disorderly Brexit will send shocks to the exchange…

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Minecraft Learning Centres to be set up across Wales to help schools and colleges use the game in classrooms

Five Minecraft Learning Centres will be created in Wales to help school and colleges across the country use the popular block-building game to teach subjects such as science, history and…

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Photo Story: Floating solar panels unveiled in Swiss Alps

Floating barges with solar panels are pictured on the Lac des Toules, an alpine reservoir lake, in Bourg-Saint-Pierre, Switzerland. Upon completion the floating solar panel station will consist of 36…

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Photo Story: Extinction Rebellion try to block London City Airport, flight disrupted

Extinction Rebellion protesters stand on the airport roof as they try to blockade London City Airport in London, Britain, 10 October 2019. Global climate movement Extinction Rebellion announced climate change…

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Italian tax evaders to have assets seized like Mafia members

A measure in a draft of a fiscal decree set to be linked to the government's 2020 budget bill would enable the tax authorities to seize the assets of people…

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Russia’s Aeroflot cancels Boeing 787 order

Boeing is facing additional uncertainty over future production rates for its 787 Dreamliner after Russian carrier Aeroflot formally cancelled an order for 22 aircraft valued at about $5.5 billion. The…

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HSBC to close down seven branches in Malta

HSBC announced on Thursday it would be closing seven branches in Malta and combine another two into a new Qormi flagship it will be open. It also said it would…

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Thailand to demand proof of health insurance for ‘risky’ long-term visitors

Reuters reports that foreigners in the “risky” over-50 age group will have to present proof of health insurance when applying for Thai long-term non-immigrant visas, a minister said on Wednesday,…

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EU sounds alarm on foreign interference in 5G networks

European cybersecurity authorities warned Wednesday that state hacking groups are a major threat to the security of 5G networks, increasing pressure on telecom operators to take action against new risks…

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UNICEF now accepting cryptocurrency donations

The UN children’s agency UNICEF as of Wednesday, will be able to receive, hold and disburse donations of cryptocurrencies and bitcoin through its newly established Fund, a first for UN…

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Microsoft gives parents the power to limit the time their kids spend on specific apps

Microsoft is enabling parents to limit the time their children spend on specific apps and games on Xbox, and Windows and Android devices. Following an update to the company’s Family…

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Concern over 250 Aer Lingus jobs

There are fears for the future of up to 250 jobs at Aer Lingus after catering staff were told today that the airline plans to enter into a new partnership…

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Over 200 Alitalia flights cancelled because of pilot, cabin crew strike

Alitalia pilots and cabin crew staged a 24-hour strike called by the Anpac, Anpav and Anp unions on Wednesday. See full list of cancelled flights here The action forced…

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Thomas Cook UK store estate sold to Hays Travel

Hays Travel has agreed a deal to buy all 555 Thomas Cook stores in the UK, offering hope of work to former staff. The agreement will see the Sunderland-based independent…

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Big possibility Germany may avoid recession

German industrial output rose unexpectedly in August, data showed, suggesting Europe’s largest economy may yet skirt recession. Industrial output rose by 0.3% on the month, Statistics Office figures showed, against…

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New home for Motors Inc. brands

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New award for Maltese retail sector

Misco launched an Award in Retail Operations providing specialised training for employees in the retail sector. The Award is a Level 3 qualification accredited by the National Commission for Further…

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Pound falls as doubts grow over chances of last-minute Brexit deal

Sterling fell in early London trading on Monday as investors grow increasingly concerned that Britain and the European Union were no closer to agreeing a Brexit withdrawal deal. Sterling traded…

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Italy in danger of entering recession

The CSC research unit of Italian industrial employers' confederation Confindustria said Monday that Italy is "still on the threshold of zero growth" and "risks falling into recession in the case…

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NOUV Announces Core Management Team

NOUV, a multidisciplinary firm of certified public accountants, practising auditors, company service providers and certified information systems auditors is announcing its new core management team. Mark Aquilina, who founded NOUV…

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Irish consumer sentiment slumps over possible no-deal Brexit

Irish consumer sentiment weakened for the third month in a row in September as the failure of the UK and the European Union to agree divorce terms ahead of the…

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Hackers targeting Thomas Cook customers

Cybersecurity experts have warned that criminals are targeting Thomas Cook customers and former employees with websites which impersonate legitimate organisations. The Telegraph reports that website records compiled by cybersecurity firm…

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Final Thomas Cook holidaymakers to return home to Britain

The final contingent of holidaymakers stranded overseas after the collapse of tour company Thomas Cook last month will return to Britain on flights that departed on Sunday, bringing to an…

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HSBC cost-cutting drive threatens 10,000 jobs – FT

HSBC has embarked on a cost-cutting drive that threatens up to 10,000 jobs, as its new interim chief executive Noel Quinn seeks to make his mark on the bank. The…

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BA stepped in this week to fly a special four-legged friend to the UK to receive an ‘Animal OBE’

British Airways stepped in this week to fly a special four-legged friend to the UK to receive an ‘Animal OBE’ on Friday 4th October. When the airline heard that ex-US…

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Iran will use any possible way to export its oil

Iran will use any possible way to export its oil, Iranian Oil Ministry’s website SHANA quoted Oil Minister Bijan Zanganeh as saying on Sunday, adding that exporting crude was the…

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Peruvian Airlines suspends all flights due to lack of liquidity

Peruvian Airlines has suspended all flights and closed offices until further notice due to a “lack of liquidity”. Peru’s second-largest carrier posted a statement on its website in Spanish on…

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PayPal pulls out from Facebook’s Libra digital currency project

PayPal is pulling out of the Facebook-led Libra project, in a major blow to the social media platform’s plans to launch a global digital currency. FT reports that the payments company…

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Microsoft releases details on a significant hacking effort by Iran targeting US presidential campaign

Microsoft has disclosed details on a significant hacking effort from Iran, which targeted a US presidential campaign between August and September. CNET reports that the Iranian hackers made more than 2,700…

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Homelessness rising in the UK and villagers priced out

The number of social homes being built in rural England has fallen by more than 80% in the last six years. Exclusive research for Sky News has found just 1,309…

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Updated version of Microsoft’s AI Business School which shows people how to use AI technology

Microsoft has announced an updated version of its AI Business School, which shows people how to use artificial intelligence technology. Mitra Azizirad, Corporate Vice–President of Microsoft AI, revealed three big…

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Bank analyst says Romania’s industry is in recession

Romania’s industry “undergoes recession”, Raiffeisen Bank’s chief economist Ionut Dumitru said at a conference, adding that other sectors perform comparatively better. The slowdown experienced by the local economy is to…

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Chamber Of Advocates Clarifies Position On Chetcuti Cauchi Advocates Case

The Chamber of Advocates has noted that there is significant speculation in the media, including social media, following a decree by the Court, dated 2nd October 2019, in connection with…

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Warning new American tariffs on EU food will boost prices, cost U.S. jobs

New 25% U.S. tariffs on Italian cheese, French wine, Scotch whisky, British biscuits, Spanish olives and thousands of other European food products will lead to higher prices ahead of…

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US, allies seek access to Facebook encrypted messaging apps

US Attorney General William Barr and his British and Australian counterparts are pressing Facebook to create a so-called backdoor to give authorities access to encrypted messages on WhatsApp and other…

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Worldwide recall of Wilke meat products

German authorities closed production of Wilke Wurstwaren in Twistetal-Berndorf in northern Hesse following two deaths resulting from listeria germs found in pizza salami and boiled sausage by the meat products…

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World’s largest banks lagging in sustainable finance

Despite pressure from activists, investors and governments, the majority of world’s 50 largest banks have not made sustainable finance commitments to respond to the risks of climate change and continue…

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Chamber of Advocates Announces the Annual Company Law Conference 2019

Company Law in the European Court of Justice, recent company failures, compliance obligations, the role of the company secretary and diversity in the Maltese boardroom will be amongst the main…

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About $4 billion Hong Kong deposits may have left territory due to protests

Hong Kong may have lost as much as $4 billion in deposits to rival financial hub Singapore between June and August as political unrest escalated in the Chinese city, Goldman…

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Increase in foreign teachers working in Germany

More teachers in Germany have non-German passports than ever before, according to figures from the German Statistics Office Destatis published on Wednesday. According to the figures, most foreign teachers come from other…

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Microsoft unveils two new folding devices, with dual touch screens to create a new category in mobile computing

Microsoft has unveiled two folding devices, with dual touch screens, which it says will create a new category in mobile computing. But, unlike attempts from its rivals, the firm has…

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Europe third-quarter earnings outlook deteriorates as trade war, Brexit bite

European companies are heading for their worst quarterly earnings in three years as revenue drops for the first time since early 2018, according to the latest Refinitiv data, underscoring concerns…

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Twitter suffers global outrage

Twitter said that the social media website and its dashboard management platform TweetDeck was hit with an outage on Tuesday, with thousands of global users left in the dark. Outage…

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Tesco boss Dave Lewis to step down next year

Tesco has announced that its chief executive Dave Lewis is stepping down after five years in the role. Lewis said the decision was a "personal one", and Tesco chairman John…

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Egyptian operator owed £7.7 million by Thomas Cook

Thomas Cook has dues of 7 £7.7 million to local operator Blue Sky Group, Blue Sky’s chairman Hossam El-Shaer said. Shaer did not give further details. Thomas Cook, the world’s…

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Novartis and Microsoft to develop drugs using AI

Swiss pharmaceutical firm Novartis and computer giant Microsoft have signed a five-year partnership deal aimed at transforming the Basel-based pharma’s business - from finance to manufacturing - using artificial intelligence.…

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Warning of store closures in the UK as shop prices continue to fall

The decline in the cost of goods in British stores accelerated in September as the nation’s retailers cut prices in the face of stiff competition and increasingly frugal consumers, according…

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Italian Education minister considering removing crucifixes from schools

Education Minister Lorenzo Fioramonti this week considered removing crucifixes from schoolrooms to underline their secular nature, sparking a huge row. "I believe in a secular school, I think that schools…

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U.N. appeals so that countries make ‘digital world’ safer for children

Rising Internet connectivity has the potential to transform children’s lives for the better, but also makes them vulnerable to sexual abuse, online harassment and bullying, recruitment by extremist groups, and…

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