Business

Pressure on airlines to scrap charges for name changes on tickets

Airlines could soon be ordered to end charges for changing the name on a ticket. The British Civil Aviation Authority is urging carriers to make their terms and conditions more…

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Google suspends business with Huawei, Intel, Qualcomm, and Broadcom cut off dealings too

Reuters reports that Google has suspended business with Huawei that requires the transfer of hardware and software products except those covered by open source licenses. Bloomberg now reports that Intel,…

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Pope Francis urges journalists to persevere with the reports of the forgotten people who suffer

In an address to the Foreign Press Association at the Vatican on Saturday, Pope Francis urged journalists to reject fake news and to persevere with the reports on the troubling…

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EU drops Aruba, Barbados and Bermuda from tax-haven blacklist

European Finance Ministers meeting in Brussels dropped Aruba, Barbados and Bermuda from its tax-haven blacklist. The list, now down to 12 countries and territories, was established in December 2017 following…

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New Fiat 500 range with the top-of-the-range Star and Rockstar versions

The new Fiat 500 range is coming with more than a few updates. These include the two top-of-the-range new versions, Star and Rockstar, designed for the young and sophisticated…

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Internet sensation Grumpy Cat dies

The feline famous on the internet for her permanent scowl, Grumpy Cat, has died. It’s owners from Arizona in the United States said that the cat was seven years old…

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Appeal so airlines eliminate single-use plastic

Paulo Mirpuri, the chief executive of Portuguese charter Hi Fly said airlines should get ahead of regulators by voluntarily eliminating single-use plastic within five years. Airlines, facing public pressure, are…

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Microsoft and Sony form strategic partnership which will shape the future of gaming

Microsoft and Sony, the company's behind Xbox One and PS4 respectively, -have decided on a strategic partnership. The two companies plan on sharing technology and information going forward and build…

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Boeing completes software update for its 737 Max aircraft

Following two fatal crashes within five months, Boeing has completed development of a software update for its 737 Max plane which was grounded worldwide because of the crashes. Boeing announced…

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International cyber-crime gang which stole millions dismantled

Europol revealed that an international crime gang which used malware to steal $100m from more than 40,000 victims has been dismantled. It said that the investigation was unprecedented, especially in…

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Five banks fined over a billion euros by EU

EU antitrust regulators on Thursday fined Barclays, Citigroup, JPMorgan, Mitsubishi UFJ Financial Group and Royal Bank of Scotland a total of 1.07 billion euros for rigging the spot foreign…

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China laments blacklisting of Huawei by US

China expressed its strong opposition to countries imposing unilateral sanctions on Chinese entities. The comments by a Chinese Commerce Ministry spokesman were made in response to the latest U.S.…

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Anglo-German tour operator TUI reiterates its outlook for lower profits

Anglo-German tour operator TUI said its first-half losses deepened due to airline overcapacity for Spain and the grounding of its 15 Boeing 737 MAX planes, two issues that could…

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Americans who lose their passport while in Austria can go to McDonalds for help

Americans who lose their passport while in Austria have a new place to seek help from Wednesday: their nearest McDonalds. Euronews and CNN report that McDonalds' 194 local branches in…

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GO lowers call and text rates to the EU

As of today, GO customers can stay connected with family and friends in the EU with increased peace of mind with lowered rates on international fixed and mobile call rates,…

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Facebook to restrict livestream feature

Facebook announced that it will restrict who can use the company's livestream tool in an effort to limit its use to "cause harm or spread hate". Facebook said that…

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Huawei ready to give assurances it won’t spy

Amid U.S. pressure on European countries to shun the firm over espionage concerns, Chinese telecom giant Huawei said it's willing to sign no-spy agreements with governments, including Britain. "We…

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The Netherlands warns about travel to Turkey

The Dutch foreign ministry has warned holidaymakers heading to Turkey that their phones and other electronic apparatus can be confiscated if officials think there may be a connection to organisations…

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Air France to cut close to 500 jobs

Air France will cut 465 ground staff jobs from its domestic services as it reduces short-haul capacity under competitive pressure from low-cost rivals and high-speed trains, parent company Air France-KLM…

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Amsterdam continues drive to curb nuisance from mass tourism…steps against guided tours in Red Light District

The Amsterdam city council approved a ban on guided tours in the Red Light District. The ban will be implemented on January 1st. From January 1st all tour guides…

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Photo Story: Peru restricts access in the historic Inca city of Machu Picchu

A view of the citadel of Machu Picchu, South-Andean region of Cusco, Peru. Peru has announced that it will be restricting access to three major attractions in the historic Inca…

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Facebook sues analytics firm over alleged data misuse

Facebook is suing a South Korean firm, Rankwave, it accuses of unlawfully using data to sell marketing and advertising. The social network is asking a judge to force Rankwave to…

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EU antitrust fines in the pipeline for seven banks

Reuters reports that Barclays, Citigroup, HSBC, JPMorgan, Royal Bank of Scotland, UBS and a small Japanese bank and three other banks are set to be fined by EU antitrust regulators…

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GO To Display Its Innovative Smart Hub At MRO

The GO Smart Hub – the only one of its kind in Malta, will be on display at GO’s stand at this weekend’s edition of the Malta Robotics Olympiad (MRO).…

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How AI Can Help Combat Money Laundering and Make Online Gaming Safer?

A recent investigation found that mentions of the popular online game Fortnite on the dark web have risen directly with the game’s monthly revenue. Epic Games, the creator of Fortnite,…

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MIA signs cooperation agreement with Cyprus counterpart

The Malta Institute of Accountants (MIA) signed a Protocol of Cooperation with the Institute of Certified Public Accountants of Cyprus (ICPAC), forging a new alliance that promotes the interests of…

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Drone sighting disrupts flights at Frankfurt airport

Flight operations at Frankfurt airport, Germany's busiest hub, have resumed after a drone sighting near the airport prompted an air traffic stoppage, operating company Fraport said on Thursday. Flights at Germany's…

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A new version of Fanta launched in Italy with Sicilian blood oranges

A new version of Fanta was launched in Italy, Fanta Aranciata Rossa Zero Zuccheri with “ Arancia Rossa di Sicilia IGP”, an soft drink with juice of Sicilian blood oranges,…

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Photostory: Aircraft skids off runway in Myanmar

A Biman Bangladesh Airlines plane sits at the end of the runway of the Yangon International Airport after it skidded off, in Yangon, Myanmar, 09 May 2019. Biman Bangladesh Airlines…

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Two Israelis arrested in global ‘dark’ Internet probe

Two Israelis have been arrested on suspicion of setting up a "dark" Internet site that was used to buy weapons, drugs and stolen credit cards. Israeli police said the…

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‘Anonymous’ hacks the emails of 30,000 Italian lawyers

The Italian section of hacktivist group 'Anonymous' said Tuesday that it has hacked the certified email accounts of 30,000 members of the Rome guild of lawyers. Anonymous Italia posted screenshots…

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Jean Vanier, Champion of people with disabilities dies aged 90 – He visited Dar Tal-Providenza and inspired Dar Nazaret

Jean Vanier, whose charity work helped improve conditions for the developmentally disabled in Canada and multiple other countries over the past half-century, has died at 90. A charity he founded,…

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Pilot states Aeroflot plane was hit by lightning

Russian media have quoted the pilot of the airliner that burst into flames during an emergency landing in Moscow as saying the plane was without radio communications because of a…

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French telecom giant Orange on trial over staff suicides

A decade after 35 employees took their own lives at France Telecom (now know as Orange) the telecoms giant and its former CEO go on trial Monday for “moral harassment”.…

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Boeing admits knowing of 737 Max problem

Boeing has admitted that it knew about a problem with its 737 Max jets a year before the aircraft was involved in two fatal accidents, but took no action. Boeing…

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Russia not grounding Sukhoi jets after Moscow fatal crash landing

Russia has said it has no plans to ground its fleet of Sukhoi Superjet 100s after one of the planes burst into flames on landing. Some 41 people were killed…

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Photostory: SAS pilots strike ends

President and CEO of Scandinavian Airlines (SAS) Rickard Gustafson speaks during a press conference at the company's headquarters in Frosundavik, Stockholm, Sweden. After a seven-day pilot strike in Sweden, Denmark…

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On World Press Freedom Day … an appeal for an EU Commissioner to defend freedom of the press

As the world commemorates World Press Freedom Day, Christophe Deloire, the secretary-general of Reporters Without Borders, proposed that the European Union considers appointing a Commissioner to defend freedom of…

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Dell Technologies and Microsoft expand partnership to help customers accelerate their digital transformation

Dell Technologies and Microsoft Corp announced they are expanding their partnership to address a wider range of customer needs and help accelerate digital transformations. Through this collaboration, the companies will…

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SAS pilots strike enters seventh day

Scandinavian airline SAS and unions are locked in mediation talks as a pilot strike that has grounded almost 400,000 passengers entered its seventh day on Thursday. SAS has cancelled more…

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Business Between Malta and France On The Increase

The most recent statistics show that Malta has seen €134 million in imports and over €120 million in exports to and from France. In fact, exports in goods and services…

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Land Rover Defender assembly to move from UK to Slovakia

Jaguar Land Rover is to assemble its new Defender model in Slovakia. The announcement came as the UK's auto association warned of a 30% fall in output in the event…

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Increase In Regulated Companies Driving Senior Management Salaries Upwards

Recent market developments in Malta have continued to bring about an increase in salaries for senior management roles in regulated and large companies. These roles have expanded and become more…

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Facebook reveals major redesign and changes

Facebook CEO Mark Zuckerberg said the company plans to put privacy first and revealed a series of changes to the firm's portfolio of social platforms, including Instagram and Whatsapp.…

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British shunning holidays in EU amid Brexit uncertainty

Travel company Thomas Cook said that more people in UK are opting for destinations outside the European Union for their holidays compared to previous years in the face of a…

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Emirates sees pace of growth slowing

Emirates President Tim Clark said on Monday the airline’s last financial year has not been easy and that the company is not growing at its previous pace due to political…

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Lego introduces Lego Braille Bricks to help visually impaired children learn the language

This week, the Lego Foundation, which is funded by the Lego Group, the Danish toy company that makes the blocks, announced a new project that will repurpose the usual knobs…

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Marriott International launches its own ‘home rental service’ targeting Airbnb

Marriott International has become the first major hotel company to launch its own home rental service, taking aim at the business at the heart of Airbnb’s success. The world’s largest…

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Delays at Australian airports due to a computer outage

Passengers at international airports across Australia are experiencing delays caused by a computer systems outage. The delays through passport control were caused by a national outage of the SmartGate kiosk…

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Pilots demand better training for Boeing 737 MAX

Reuters reports that American Airlines pilots have warned that Boeing Co's draft training proposals for the troubled 737 MAX do not go far enough to address their concerns, according to…

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More SAS flight cancellations for Monday, Tuesday due to pilot strike

Scandinavian airline SAS has canceled a further 1,213 flights for Monday and Tuesday after pilots began their strike on Friday. Mediators say there are no signs of fresh negotiations and…

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Italian PM assures Huawei it won’t face discrimination

Italian Prime Minister Giuseppe Conte revealed he had assured China's Huawei Technologies that it would not face discrimination in the roll-out of Italy's 5G telecoms network. Conte was speaking on…

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Hopes fade for a new Alitalia investor

The Italian government dampened hopes that Alitalia could soon be rescued after denying media speculation that it had sought to tempt infrastructure group Toto Holding, which invested in a previous…

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S&P and Fitch warn UK still faces no-deal Brexit risk

Ratings agencies S&P Global Ratings and Fitch Ratings kept open the possibility of a further cut to Britain's credit status because of the continued risk of a no-deal Brexit, despite…

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1,200 persons set to lose job as Debenhams is set to close 22 stores, plans to close 50 by end of year

The new owners of Debenhams say they plan to shut up to 50 stores, placing thousands of jobs at risk, as they move to shore up the chain's future. The…

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TrueFibre – Go confirms commitment to be largest investor in Malta’s state-of-the-art digital infrastructure

During a press conference held on Thursday, in the presence of the Honourable Prime Minister, Dr Joseph Muscat, GO confirmed its commitment to being the largest investor in Malta’s state-of-the…

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Boeing MAX groundings effect Norwegian Air 2019 profit target

The grounding of Norwegian Air's fleet of Boeing 737 MAX aircraft may undo the carrier's plan to return to profitability this year, it said while posting a widening first-quarter loss…

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