Business

Microsoft reveals HoloLens 2

The rumors are true: Microsoft officially announced the HoloLens 2, its next-generation holographic headset, at a keynote session at Mobile World Congress in Barcelona on Sunday. Like 2016's original HoloLens,…

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Malta International Airport registers increase in profits due to increase in revenues from both aviation and non-aviation activities

Malta International Airport plc announced that the Company’s profits for the year ended 31st December 2018 increased from €24.2 million to €30.3 million. Increases in revenues were registered by both…

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World’s biggest Nutella factory temporarily closed over a quality issue

The world's biggest Nutella factory has been temporarily closed over a "quality issue". Production lines in Viller-Ecalles, northwest France have been halted as the group investigates the cause of the…

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Microsoft warns about Russian hacking attempts in Europe

A group of hackers linked to Russia carried out cyberattacks on European political research groups, Microsoft has revealed. Microsoft warned in a blog post on Wednesday that hackers attempted to…

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Can Artificial Intelligence Lead To More Responsible Gaming?

How Artificial Intelligence can assist in more responsible gaming will be the theme of a half day morning conference being hosted by NOUV and Tomobox, in collaboration with Microsoft and…

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British Airways go retro

Flight enthusiasts were in for a treat on Monday as British Airways unveiled a plane which had been repainted with its original retro design. The Boeing 747 arrived at Heathrow…

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Numbers dipped in ketchup makes Chilean football club sponsorship with McDonalds more striking and creative

Chilean club O'Higgins F.C have ensured they stand out from the crowd as they debuted a new pink away kit. But the colour of the strip isn't actually the big…

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From Ratzinger to Bergoglio, Scicluna at the forefront of the fight on Child Abuse

The Catholic News Agency (Italian edition) reports that Archbishop Scicluna stands out as one of the clergymen who are fighting in the forefront to stem the scandal of child abuse.…

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Bank of Valletta resumes operations

Bank of Valletta said this morning that following yesterday’s events, it resumed a number of its services during the night. The resumption of services follows rigorous overnight testing of the…

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Artificial Intelligence, the Common Good and Humanity on the agenda of meeting between Pope Francis and Microsoft’s President

Pope Francis debated the potential threats artificial intelligence poses to humanity with the head of Microsoft on Wednesday, ahead of a robotics summit at the Vatican, it said. "In the wrong…

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Barbie lineup to get more inclusive

The Barbie Fashionistas line offers over 100 looks to reflect a variety of appearances and identities, and the collection is about to get even more inclusive in 2019. Mattel announced…

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AI, The Future Competitive Advantage – New Advisory Services To Help Companies Gear Up For the AI Revolution

The rapid changes that the world is facing could mean that many organizations will not be ready for the Artificial Intelligence (AI) revolution. This is worrying especially when one considers…

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Air France is pulling out from Alitalia rescue deal for political reasons – Reports

Air France is pulling out of a deal that would save struggling Italian airline Alitalia for “political reasons”, Italian media reports. The Ferrovie dello Statto (FS) rail group, which is…

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Super Bowl advert ‘cements’ Microsoft’s inclusivity view as central to its point of view

Microsoft’s new, 60-second spot, which was aired during the fourth quarter this Sunday, is a heartwarming mini-documentary produced by McCann Worldgroup, about a group of kids with disabilities who love…

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Samsung ditches plastic packaging in favour of recycled materials

Samsung electronics division announced its new sustainability policy Sunday and it involves changing product packaging for its phones, tablets, and wearables. Now, instead of plastic, pulp molds will form holder…

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On this day in 1990, McDonald’s opened its first restaurant in the Soviet Union

The Soviet Union’s first McDonald’s fast food restaurant opens in Moscow. Throngs of people line up to pay the equivalent of several days’ wages for Big Macs, shakes, and french…

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Motorola’s famous Razr phone expected to make a return

Motorola's fabled Razr flip phone that was first released in 2004 is getting a 2019 makeover with a foldable display, according to The Wall Street Journal. The 2019 model is the…

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Microsoft pledges $500m to provide loans to boost affordable housing in hometown Seattle

Microsoft has pledged nearly $500m to provide loans to boost affordable housing in its hometown of Seattle, in what would mark one of the biggest moves by a technology company…

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EU Intellectual Property Office decides the cancellation of the use of “Big Mac” trademark by McDonald’s

Pat McDonagh earned the nickname Supermac as an Irish teenager after a barnstorming performance in a Gaelic football match in the late 1960s. The centre half-back guided his school, Carmelite college…

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Breathing Back LIFE Into Family Business

Breathing back LIFE into such struggling businesses is possible when people are put first. - Dr Anthony Sammut Partner NOUV I come from a family business background, (no surprise given that…

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Bringing real-world practice to the classrooms through business simulations

MISCO Consulting Limited together with The Ornate Group (a digital marketing consulting firm) is bringing to the classroom for the first time in Malta real-world practice through business simulations. With…

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Business Weekly and Financial News Review

Good morning What follows is a selection of financial, corporate and business news which can be read on today's edition of The Malta Business Weekly. Local equities end positive year on…

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Panini’s stickers company post a one billion euro turnover in 2018

The Italian company making the stickers posted a record one billion euro turnover last year. Many people around the world have fond memories of collecting the iconic panini football stickers…

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Migrants stranded off Malta: Call for common sense and decency – Malta’s University Faculty for Social Well Being dean; Let Them In and Fight Diplomatic battles after – PN Social Policy Shadow Minister

The Dean of the Faculty for Social Wellbeing, Professor Andrew Azzopardi was the latest in a series of individuals to express the growing concern on the current situation of the…

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A record sum of €1,275,442 was raised during the New Year’s day Feast of Generosity organised by Id-Dar tal-Providenza

A record sum of €1,275,442 was raised during the New Year’s day Feast of Generosity organised by Id-Dar tal-Providenza. The dry but rather cool weather did not dampen the enthusiasm…

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MISCO HR Developments survey confirms extent of ‘multi-ethnic’ work force

77% of respondents in this year’s MISCO’s annual survey on HR Developments in Malta stated that they recruited EU citizens whereas 44% stated that they recruited third country nationals. “Whilst…

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B’Tal-Linja għall-Istrina

B’tal-Linja għall-Istrina’ is being held once again for the third year, with Malta Public Transport pledging a donation from bus trips to the Malta Community Chest Fund Foundation. One half…

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Malta Public Transport carries 50 millionth passenger

Malta Public Transport carried its 50 millionth passenger on Thursday, marking an important milestone in mobility in Malta. “Fifty million passengers in one year is an impressive achievement for our…

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Express Trailers broadens ShipLowCost.com horizons

Express Trailers has not only revamped its ShipLowCost online platform with a new look but more importantly, it has extended its offering to now allow customers to send anything they…

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Microsoft becomes world’s most valuable traded company

Microsoft’s big bet on cloud computing is paying off as the company has surpassed Apple as the world’s most valuable publicly traded company. AP reports that while the software maker’s…

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Microsoft’s Christmas advert focuses on inclusion through enabling accessibility

Microsoft’s Christmas advert for 2018 focuses on the power of its Adaptive Controller, released earlier this year to make video games more accessible to those with disabilities. The short film…

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Microsoft and BMIT Reach New Strategic Partnership To Further Support Local Business

Microsoft Azure products will become more accessible to local businesses following a strategic partnership between Microsoft and BMIT Technologies, which incorporates BMIT Limited and Kinetix Solutions Limited. This partnership will…

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Malta Institute of Accountants to hold innovative event to examine corporate governance

The changing responsibilities of company directors will be explored in an innovative event screening an original and engaging drama film on the theme. The interactive event is being held by…

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Chamber of Advocates to hold seminar for lawyers on domestic violence

Lawyers work in a very dynamic environment where human contact is highly personal. Most lawyers become their clients’ confidants especially when it comes to personal and familiar matters and as…

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Lidl trolls John Lewis Elton John’s Christmas Advert

There is no 'Christmas' from a marketing and advertising perspective without the John Lewis Christmas advert. 2018 is no exception and the company has released its Christmas advert. Claire Reid…

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Monopoly launches Millenials’ edition

Monopoly came up with a game version for Millennials aimed to give young folks "a break from the rat race," where it's not all about the money. CNN reports that…

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Conference To Discuss Automation, Backup and Hyperconvergence

Thomas Maurer, a Microsoft MVP (Most Valuable Professional) on Windows Server and Azure will be in Malta this month to discuss Windows Server 2019 as the next generation of software-defined…

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Dealing with Solitude – Towards a Solution (Video)

Loneliness is a phenomenon that in these last decades has been hitting us fast and hard. The Faculty for Social Wellbeing in collaboration with Caritas Malta have analysed this phenomenon…

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Bitter ending for sweet company Pernigotti

Pernigotti is closing down five years after the acquisition by Toksoz Group. Trade unions made the announcement after meeting company representatives on Tuesday. The chocolate company passed from Italian family…

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Chamber of Advocates appoints New President

The Chamber of Advocates would like to announce the appointment of Dr Louis deGabriele, partner at Camilleri Preziosi Advocates, as President of the Chamber of Advocates. Dr deGabriele’s tenure succeeds…

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If IoT is the future, GO is already ahead of the game – Nikhil Patil Go CEO

“If IoT is going to be the new battleground on which communications companies are going to forge their competitive edge over the next few years, then I can confidently say…

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Sunday Malta News Evening Roundup

Good evening, All portals lead with the story regards the tragic traffic accident which saw motorcyclist Chris Marlin die last night. Various reports consistent with the story of the accident in…

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Paul Allen, co-founder of Microsoft, dies at 65

Paul Allen, the co-founder of Microsoft, died on Monday from complications of non-Hodgkin’s lymphoma, his family said in a statement. The statement said that Allen, a "noted technologist, philanthropist, community builder,…

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Maltese Salaries rose by 3% over past 12 months – Misco study

Salaries in Malta rose by a three percent average over the past 12 months, the latest figures by MISCO show. Data published in the Salaries and Benefits Report 2018/2019 reveals…

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GO opens up its fibre network to power other operators

GO has signed an agreement which will enable operators which don’t have their own network to make use of GO’s state-of-the-art Fibre-To-The-Home (FTTH) network in order to offer fixed broadbandservices,…

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GO Announces New €2 Million Fund For Start-Ups

“As the longest standing telecoms company in Malta, we have been enabling local businesses to thrive and innovate with our robust and reliable telecommunications services. All innovative developments of recent…

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Camper & Nicholsons Marinas participates at the Malta Maritime Summit 2018

Mathieu Salomon, Technical Director of Camper & Nicholsons Marinas, was one of five influential panelists at the Malta Maritime Summit 2018, which took place between the 1st-5th October in Valletta.…

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Maltese property market exploring blockchain

A number of the largest real estate agents in Malta are currently studying the possibility of using Ledger Projects’ Distributed Ledger Technology to share information related to the local property…

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Michael Kors set to buy Versace for about €2 Billion

Michael Kors Holdings Ltd. is close to a deal to buy Italian fashion house Gianni Versace SpA for about €2 billion ($2.35 billion), people familiar with the matter said Monday,…

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Over a Coffee . . . with Franco Azzopardi, Chairman and CEO of Express Trailers

“People are the main drivers of our business. Equipment and space are investments that anyone can do. But attracting, training, and retaining the best people is a culture,” says FRANCO…

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Iconic Beetle to go in hibernation

German car manufacturer Volkswagen will cease global production of its iconic Beetle after nearly seven decades of US sales, the company's American unit announced. In a statement issued on Thursday,…

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Malta-based company exhibits revolutionary heart monitor at Intelligent Health

Umana was one of the select companies taking part in Intelligent Health in Basel, Switzerland. The Malta-based company exhibited its revolutionary Umana T1 Heart Monitor at the international summit, the…

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UK : Fears grow for Debenhams as fortunes rapidly deteriorated

Debenhams has parachuted in a team of top company doctors to draw up emergency turnaround plans as a full-blown crisis threatens to engulf the troubled department store chain. The retailer…

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The ‘Baci’ are about to turn Pink

"And what is a Kiss? A pink apostrophe between the words t'amo": the famous phrase taken from the work Cyrano de Bergerac, which we all learned from the messages on…

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Jack Ma is stepping down as executive chairman of Alibaba

Jack Ma is stepping down as executive chairman of Alibaba, the ecommerce group he founded nearly 20 years ago that is now China’s most valuable company, with an equity value…

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August saw a new record of 5.2 million passengers using public transport in Malta

August saw a new record of 5.2 million passengers using the public transport service representing an increase of 11% when compared to the previous year. The segment that experienced the…

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Amazon follows Apple and reached $1 trillion

Shares in the e-commerce giant rose nearly 2% to a high of $2,050.50 in morning trade before slipping back. Apple reached the same milestone in early August. Founded in 1994,…

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