Business

Slideshow: Swiss police presented with electric police cars

New electric cars of the police of canton St. Gallen are presented in St. Gallen, Switzerland, 24 April 2019. Within the next one and a half years, the police of…

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No increase in Saudi Arabian oil output for now

The Financial Times is reporting that Saudi Arabia will not rapidly ramp up its oil output after the US ended the sanctions waivers for buyers of Iranian crude. This was…

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Deutsche Bahn asks for expressions of interest in Arriva

Reuters is reporting that German railway operator Deutsche Bahn has asked potential suitors of its British unit Arriva to express their interest in the asset by May 3. Request was…

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UK to allow Huawei limited access to 5G networks

The Daily Telegraph reports that British Prime Minister Theresa May has approved Huawei's bid to help build Britain's 5G network, despite warnings about the risk posed to national security.…

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International Accountancy Event held in Malta… MIA hosts Accountancy Profession Strategic Forum

The Malta Institute of Accountants hosted the 2019 edition of the Accountancy Professionals Strategic Forum (APSF). Coordinated by the Institute of Chartered Accountants in England and Wales (ICAEW), the annual…

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Samsung delays public roll-out of Galaxy Fold phone

Smartphone maker Samsung Electronics Co Ltd announced it will delay the public roll-out of its Galaxy Fold without giving a new release date. The Galaxy Fold was meant to be…

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Tesla investigating exploding parked car incident in China

U.S. electric vehicle maker Tesla Inc on Monday said it had sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S…

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One in seven pupils in the UK uses powerful illicit prescription drugs to sit GCSEs

A study has found for the first time that thousands of teenagers in the UK are risking their health by using powerful illicit prescription drugs to boost their performance in…

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On this day, 55 years ago, Nutella went in stores for the first time

The first jar of Nutella made its appearance on the shelves of Italian shops on April 20th, 1964. Fifty-five years of a successful world-wide success. The first jar of the…

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€2 million GO Ventures Fund for Tech Startups

“Although we have a very strong telecommunications and IT infrastructure, we also realise that one of the ways for us to continue driving innovation is to partner with dynamic entrepreneurs…

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Malta drops 12 places in World Press Freedom Index

In a large part of the world, journalists are facing increased hostility, but progress in Africa is a sign for hope. That's according to the latest World Press Freedom Index…

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First commercial 5G network launched in Europe

The first commercial 5G network was launched in Europe with a network that covers 50 Swiss cantons and includes the Switzerland's largest cities, such as Lausanne, Zürich, Geneva and the…

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EBA ends probe of Estonian, Danish regulators over Danske Bank

The European Banking Authority (EBA), the EU banking watchdog, terminated an investigation of financial regulators in Estonia and Denmark in relation to suspected money laundering activities by Danske Bank after…

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Microsoft Corp rejected requests to install facial recognition technology due to human rights concerns

Microsoft President Brad Smith revealed that Microsoft Corp recently rejected a California law enforcement agency’s request to install facial recognition technology in officers’ cars and body cameras due to human…

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Poland unlikely to exclude all Huawei equipment from its mobile networks

Poland is unlikely to exclude all Huawei equipment from its next generation mobile networks, a government minister told Reuters, in part to avoid increased costs for mobile operators. Huawei,…

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Court ruling paves way for £14bn lawsuit against Mastercard

A £14bn lawsuit against Mastercard for imposing charges on UK consumers has moved a step closer towards proceeding after a court reversed an earlier decision by the Competition Appeals Tribunal…

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Lufthansa issued profit warning resulting from rising fuel costs, excess seat capacity

Lufthansa has become the latest European airline to reveal it is suffering financial turbulence and said it would make a €336m loss for the first quarter of 2019. The German…

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Fire on an Air France aircraft at Florence airport

The quick intervention of the emergency service at the Vespucci Airport in Florence, Italy, brought a fire in the undercarriage of an Air France aircraft promptly under control. The aircraft…

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Business Forum For Businesses with French Interests

“Doing Business with France, then and in today’s environment” will be the theme of this year’s annual Business Forum being organised by the Maltese French Chamber of Commerce on Monday…

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EU countries back copyright reform

EU member states have given the final approval for copyright reforms in a bid to overhaul its two-decade old copyright rules. The clearing of this final hurdle ensures artists…

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Spanish transport strikes set to cause chaos for Holy Week

Two aerial transport workers unions have warned they will be striking in Spain this week. The USO and UGT unions went to Spanish airports and asked around 60,000 ground crew…

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Slideshow: Test day for the Eurofighter in Switzerland

An Airbus Eurofighter jet takes off during a test day at the Swiss Army airbase, in Payerne, Switzerland, as part of the process for the five types of combat…

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Gatwick drone attack was an inside job

The drone attack on Gatwick airport was an inside job carried out by someone who had a link into what was going on at the airport, Gatwick’s chief operating officer…

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Daimler in the spotlight again for cheating

Daimler confirmed it was facing a regulatory probe after a report said German authorities have uncovered a previously unknown type of pollution trickery software allegedly installed by the car giant…

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Hackers publish the personal details of hundreds of US law enforcement personnel

Hackers breached the web servers of multiple chapters of the FBI and published the names and addresses of hundreds of law enforcement personnel and thousands of other people online.…

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Over a 1,000 Jet Airways pilots to strike

Around 1,100 Jet Airways pilots, represented by the National Aviator’s Guild (NAG) have decided to stop working from today Monday, 15 April. According to the pilots, they have not been…

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Fatal air crash in Nepal

Three people have died in a plane crash in Nepal, at what is regarded as one of the world's most dangerous airports. The plane veered off the runway and hit…

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Spanish authorities seeking power to view calls made on phones of drivers involved in a crash

Spanish authorities are going be even more vigilant on drivers who use their cellphones at the wheel. El Pais reports that the Spanish Civil Guard, Bartolomé Vargas, a Supreme Court…

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Dutch coalition parties say Huawei must be kept out of 5G network

MPs from two of the four Dutch coalition parties - Christen-Democratisch Appèl (CDA) and Volkspartij voor Vrijheid en Democratie (VVD) - have said they do not want Chinese telecoms company…

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Another night of disruption at Brussels Airport

Once more, on Friday night the airspace above Belgium was closed again, for at least three hours, because of a lack of air traffic controllers. Airspace has been closed several…

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Fisher-Price recalls baby sleepers after fatalities

Toymaker Fisher-Price has recalled nearly five million of its 'Rock 'n Play Sleepers' after reports linked the product to dozens of baby deaths. Earlier this week, the American Academy of…

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Indian Jet Airways future in doubt…suspends all its international flights

Jet Airways, India's largest private airline, suspended all its international flights, raising fresh fears about it's survival. The airline, saddled with more than $1bn of debt, is seeking a financial…

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Fiat Chrysler ready for bold action to build solid future

John Elkann, the chairman of Fiat Chrysler, said on Friday he was ready for bold and creative decisions to help build a solid and attractive future for the carmaker. Speaking…

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British mother free to leave Dubai after Facebook insult

A British single mother arrested in Dubai for insulting her ex-husband’s new wife on Facebook, has been allowed to return to the UK. The campaign group Detained in Dubai reported…

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Microsoft teams up with colleges and universities to address the technical skills gap

Microsoft Corp. announced new partnerships with global higher education institutions to align and integrate Microsoft’s technical skills programs and credentials to help address the growing 21st century talent gap. The…

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Apple in Dutch antitrust spotlight

Apple, already the subject of EU antitrust scrutiny, became the target of a Dutch investigation for allegedly favouring its own apps on its popular App Store. The Netherlands Authority for…

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UniCredit risks EU antitrust fine

UniCredit is one of eight European banks that risk being fined by the European Commission for allegedly breaching EU competition rules, the Italian lender has said. The company said in…

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Amazon, Microsoft chosen to compete for Pentagon cloud computing contract

Amazon and Microsoft have been selected to continue competing for Pentagon cloud computing services as part of a contract that could be worth some $10 billion. "I can confirm that…

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HSBC appoints new CEO for Middle East, North Africa and Turkey

HSBC has appointed Martin Tricaud as new regional chief executive officer for the Middle East, North Africa and Turkey (MENAT) region, with effect from June, 1. He succeeds Georges Elhedery…

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ECB looking into Swedbank’s Estonian operations

The European Central Bank (ECB) is looking into Swedbank's Estonian operations, Swedish daily Dagens Nyheter reported on Wednesday, citing an undisclosed source. Sweden is not part of the eurozone but…

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Deadly shootout at Albania’s airport

A gang of thieves broke into Tirana International Airport and grabbed bags of cash as they were about to be loaded onto an Austrian Airlines plane flying to Vienna. As…

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Debenhams goes into administration

Debenhams has gone into administration with control passing to the struggling department store chain's lenders. The Independent reports that the company's 165 stores will initially continue to trade but 50 have been…

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British mother in Dubai risking 2 years in jail and €58,000 fine because of old FB post

A British single mother faces up to two years in jail and a fine of €58,000 in Dubai after being detained over comments she made on social media in 2016…

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American Airlines extends 737 MAX cancellations

American Airlines announced that it will extend cancellations of 90 flights a day through June 5 because of the grounding of Boeing 737 MAX aircraft following two deadly crashes…

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Emergency landing for US flight after pilot’s screens go blank

An aircraft, which was scheduled to fly from Knoxville, Tennessee, to Houston, Texas, in the US, was forced to make an emergency landing in Dallas after screens used by the…

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Fiat Chrysler to pool fleet with Tesla

The Financial Times reported that Italian carmaker Fiat Chrysler Automobiles NV has agreed to pay electric carmaker Tesla Inc hundreds of millions of euros so that the vehicles of Tesla…

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GO Supports MCAST Co-Lecturing Seminar

GO recently collaborated with MCAST on a co-lecturing seminar for first-year BA Business Enterprise Degree students within the Institute of Business Management and Commerce (IBMC). This seminar was held on…

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Swedbank Chairman resigns over money laundering scandal

Lars Idermark, resigned as Swedbank Chairman, just a week after the bank’s chief executive was ousted over her handling of a money laundering scandal. In his resignation letter, Idermark said…

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Slideshow: The ‘Panda Connected by Wind’

A series of photos of the new FCA Fiat Panda in collaboration with telephone company Wind during a press conference in Turin, Italy. Italian operator Wind Tre and car…

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Amazon to launch over 3,000 satellites

Amazon has confirmed its plan to build a network of over 3,000 satellites through "Project Kuiper" to provide high speed internet. The project will launch a constellation of low-Earth orbit…

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The Massachusetts Institute of Technology (MIT) has severed ties with Huawei

The elite U.S. school Massachusetts Institute of Technology (MIT) announced that it has cut it’s ties with Chinese tech firms Huawei and ZTE. Maria Zuber, its vice president for research,…

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BBC to move some of its TV channels to either Amsterdam or Brussels

If the United Kingdom leaves the European Union with no deal in place, the BBC will move some of its television channels to either Amsterdam or Brussels. BBC director Tony…

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Saudi Arabia considering ditching dollar for oil trades

In an exclusive report, Reuters said that Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to…

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Amazon owner agrees to record $35bn divorce

Jeff Bezos, who is considered the world's richest man, and his wife MacKenzie have agreed a record-breaking divorce settlement worth at least $35 billion. The settlement would make MacKenzie Bezos…

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Data of millions of Facebook users exposed on the internet

A cybersecurity firm announced that it found millions of records openly exposed on the internet containing people's personal data from Facebook, including Facebook passwords for 22,000 people. UpGuard said the…

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Virtu Ferries ‘Jean De La Valette’ to see service in Trinidad and Tobago

The ten-year old vessel, Jean De La Valette (JDLV), will be leased from Virtu Ferries for a period of one year for service in Trinidad and Tobago, a dual-island Caribbean…

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“Not On My Flight”… EASA campaign draws attention to safety impact of unruly behaviour on flights

Every 3 hours the safety of a flight within the EU is threatened by passengers demonstrating unruly or disruptive behaviour. At least 70% of these incidents involve some form of…

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