17

Mar

Bolt to start monitoring how customers ride scooters

Bolt is set to introduce several new changes, including monitoring driving behavior and a discount for customers wearing a helmet. Last year, the company began monitoring how drivers use its…

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17

Mar

Mapping Malta’s Financial Services Talent

Malta’s financial services sector is projected to contribute between €4.8 billion and €5.3 billion to the country’s GDP by 2035. However, the sector is also facing the critical challenge in…

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17

Mar

UPDATED: Oil prices jump 4% after renewed Iranian attacks on UAE

Oil prices rose by about 4% ​on Tuesday, clawing back some of the previous session's losses as Iranian attacks on the United Arab ‌Emirates rekindled supply fears while the Strait…

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16

Mar

Middle East war disrupts pharma air routes, risks cancer drugs supply

War in the Middle East is disrupting the flow of critical medicines to the Gulf, imperilling supply routes for cancer drugs and other treatments that require refrigeration and forcing companies…

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16

Mar

Oil rises as Middle East attacks continue

Oil prices ‌rose on Monday as the U.S.-Israeli war on Iran continued to disrupt oil production and shipping in the Middle East, despite U.S. President Donald Trump's call for global…

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16

Mar

Bus Route Diversions in St Julian’s for St Patrick’s Day Celebrations

Public transport users are being advised of temporary bus route diversions in the St Julian’s area on St Patrick’s Day, on Tuesday 17th March, due to road closures linked to…

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14

Mar

€654,000 per week: the added cost on Malta’s consumers due to ETS and fuel price increases.

The EU’s Emissions Trading System (ETS) was already highly unfair to Malta as an island state, placing heavy pressure on the international trailer operators that sustain Malta’s connectivity. With the…

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13

Mar

Middle East War Drives Spike in Air Cargo Costs as Shipping Routes Close

Air freight rates have risen by as much as 70% on some routes since the start ​of the U.S.-Israeli war on Iran, data shows, as the conflict limits flights, blocks…

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13

Mar

Euro zone industry starts 2026 on weak note, even before energy hit

Euro zone industrial production unexpectedly fell in January, data from Eurostat showed on Friday, casting doubt on the ​sector's long-predicted recovery, especially as the recent surge in ‌energy costs will…

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13

Mar

Goldman Sachs hikes average Brent oil forecast to over $100 a barrel for March

Goldman Sachs ​expects Brent oil to average over $100 a barrel ‌in March, and $85 in April, it said on Friday, as energy prices remain volatile due to the Iran…

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13

Mar

Oil heads for weekly gains despite US sanctions waiver on Russian oil

Oil prices headed for ​weekly gains as of Friday, despite the U.S. trying to ease supply concerns by issuing a ‌30-day license for countries to buy Russian oil and petroleum…

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13

Mar

STMicroelectronics plans robots, retraining to avoid closures

STMicroelectronics unveiled ​plans to retrain workers and deploy robots in its ‌older chip manufacturing plants, avoiding closures as the European semiconductor giant navigates industry challenges. At a semiconductor conference in…

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11

Mar

Malta Employers Launch TalentSync Project to Strengthen Future Skills

Malta Employers has officially launched TalentSync, an initiative aimed at strengthening the alignment between workforce skills and the evolving needs of industry. At a time when many employers are facing…

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11

Mar

British Airways cancels Abu Dhabi service ‘until later this year’

British Airways said it had cancelled all flights to and from Amman, Bahrain, Doha, Dubai and Tel Aviv “until later this month”, while services to and from Abu Dhabi have…

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10

Mar

Domino’s UK bets on fried chicken to deliver growth beyond pizzas

Domino's Pizza in ‌Britain is betting on its new fried chicken brand to drive growth beyond pizza, as the chain captured more than half the takeaway market in the UK…

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10

Mar

Qantas hikes fares on international routes as fuel costs surge on Mideast conflict

Qantas Airways said on Tuesday it would hike fares ​on its international routes this week in response ‌to the surge in jet fuel costs due to the conflict in the…

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10

Mar

Shipper MSC introduces emergency fuel surcharges

Shipping company MSC announced emergency fuel ​surcharges on all cargo ‌from the Mediterranean and Black Sea to the Indian sub-continent, ​Red Sea and ​East Africa. The move includes the ⁠West…

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10

Mar

Gold gains on weaker dollar, easing inflation concerns

Gold prices rose on Tuesday, supported by a weaker ‌U.S. dollar and easing energy costs after U.S. President Donald Trump suggested that the war in the Middle East could end…

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10

Mar

Oil falls as Trump predicts Middle East de-escalation

Oil prices fell on Tuesday after hitting an over three-year high in ‌the prior session as U.S. President Donald Trump predicted the war in the Middle East could end soon,…

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09

Mar

Bahrain’s state oil company declares force majeure on its shipments after Iran attack

Bahrain’s state oil company declared force majeure on Monday for its shipments after an Iranian attack set its refinery ablaze. The state-run Bahrain News Agency carried the announcement of the…

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09

Mar

MMF Underlines Unintended Consequences of EU ETS in Brussels

A delegation from the Malta Maritime Forum (MMF) travelled to Brussels to discuss the impact of the EU’s Emissions Trading System (ETS) with European institutions, industry associations and Maltese policymakers.…

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09

Mar

Italy weighs fuel-tax cuts as firms warn of energy price surge from Middle East war

Italy is considering cutting fuel excise duties using higher-than-expected value-added tax revenues triggered by rising ​pump prices, the prime minister said, as businesses ‌warned the conflict in the Middle East…

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09

Mar

Oil prices reach 14-year high

Crude oil prices have surged to their highest levels in at least 14 years, climbing above $100 per barrel for the first time since 2022 as the war involving Iran…

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06

Mar

Thomas Smith joins Fastdrop to create next-generation middle- and last-mile operator

The Malta Competition and Consumer Authority has approved a strategic investment by Thomas Smith, Malta’s most established logistics provider, into Fastdrop, the island’s leading 24/7 delivery specialist. This landmark transaction…

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05

Mar

Oil prices surge 3% as Middle East conflict enters sixth day

Oil prices surged over 3% in Asian trade on Thursday as the Middle East conflict entered its sixth day with no signs of easing, raising concerns about potential supply disruptions…

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04

Mar

COSCO Shipping suspends bookings for Middle East routes amid conflict

Chinese shipping and logistics conglomerate COSCO ​Shipping's container liner unit ‌said on Wednesday it had suspended all new bookings ​for routes to ​and from ports in the ⁠Middle East region,…

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04

Mar

Oil prices rise 1% as Iran crisis disrupts Middle East supply

Oil prices rose 1% on Wednesday ​as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from ‌past sessions after President Donald Trump raised…

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03

Mar

World’s money launderers are shifting to crypto

Western governments are being urged to clamp down on cryptocurrency as new research suggests $350 billion has been laundered by criminals and hostile states using the technology in the past…

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03

Mar

Shipping Paralysed in Strait of Hormuz as Insurance Costs and Energy Prices Surge

Global shipping and energy markets are facing mounting disruption as vessels remain stranded near the Strait of Hormuz, a chokepoint that carries around one in five barrels of the world’s…

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03

Mar

Gold retreats as firmer dollar offsets geopolitical safe-haven support

Gold prices eased on Tuesday, pulled back by a stronger dollar, ‌while investors assessed the impact of an escalating U.S. and Israeli air war against Iran. Spot gold was down…

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03

Mar

Oil rises as expanding US-Israel war with Iran heightens supply risks

Brent rose more than $3 on Tuesday for ​a third day of gains as the widening U.S.-Israeli conflict with Iran and threats to shipping via the ‌Strait of Hormuz heightened…

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03

Mar

Airline ticket prices soar on Asia-Europe routes after Gulf airport closures

The price of flights between Asia and ​Europe has soared after the closure of key Middle Eastern hubs due to the U.S.-Israel war against Iran, with airline websites showing tickets…

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02

Mar

“Malta’s Grand Harbour RORO Logistics at BreakingPoint; Immediate Action Needed” – ATTO

The Association of Tractor and Trailer Operators (ATTO) has warned that persistentcongestion, limited parking, and clashes with football events are making logistics at theGrand Harbour unsustainable. Despite raising these issues…

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02

Mar

Iran conflict disrupts global shipping as tankers are stranded, damaged

Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at least four tankers damaged, a seafarer killed and 150…

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02

Mar

Oil surges 8% as Iran conflict disrupts Middle Eastern flows

Oil surged 9% on Monday after retaliatory Iranian attacks disrupted shipping in the crucial Strait of Hormuz following the weekend's bombing by Israel and the United States that killed Iranian…

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01

Mar

Dubai gold flows curbed as flights halted due to US-Israeli strikes on Iran

Physical gold flows to and from Dubai's bullion trading hub will be severely curbed in coming days as airlines cancel flights due to U.S. and Israeli strikes on Iran and…

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01

Mar

Maersk pauses sailings through Suez Canal, Bab el-Mandeb Strait, citing escalating conflict

Danish container shipping group Maersk b will pause sailings through the Bab el-Mandeb Strait and the Suez Canal and reroute ships around the Cape of Good Hope, it said on…

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27

Feb

SOCAR gets EU green light for major Italian petrol bid

A major energy deal between an Italian firm and the state oil company of Azerbaijan (SOCAR) has been confirmed by the European Commission. The EC approved the acquisition of Italiana…

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27

Feb

Singapore Airlines tops global rankings as complaints mount over short-haul services

Low-cost carriers Ryanair and Wizz Air have rejected the results of a consumer survey that placed them among the lowest-rated airlines for customer satisfaction in the UK and beyond. The…

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26

Feb

Binance bets on Greek labour, security for EU growth, co-CEO Teng says

Binance co-CEO Richard Teng on Thursday said Greece's labour force and security profile gave it the edge over larger financial centres when the world's biggest cryptocurrency exchange was selecting a…

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25

Feb

Ita Airways to Allow Pets Up to 30 kg in Cabin on Domestic Flights

ITA Airways will introduce a new service allowing pets weighing up to 30 kilograms to travel in the aircraft cabin on domestic flights, marking a significant expansion of its pet-friendly…

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24

Feb

JDE Peet’s says ‘unprecedented’ coffee bean prices fuel $1.9 billion rise in 2025 costs

Coffee and tea firm JDE Peet's soon to be acquired by Keurig Dr Pepper, said on Tuesday that an "unprecedented" rise in prices of green coffee beans and other items…

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24

Feb

Middle East oil exports push tanker costs to 6-year-high amid threat of US-Iran war

The cost of shipping oil has surged to the highest in six years, fuelled by a wave of crude exports from the Middle East as traders accelerate charters ahead of…

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24

Feb

New US tariffs come in at lower 10% rate

The United States imposed an additional tariff from Tuesday of 10% on all goods not covered by exemptions, a notice issued by U.S. Customs and Border Protection said, the rate…

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18

Feb

Malta’s International Trailer Supply Chain Faces Crisis if EU Rules and Port Plans Ignore Island’s Realities – ATTO

“ATTO is not against plans to regenerate the Grand Harbour but all stakeholders need to engage in focused discussions to ensure guaranteed berths with adequate quay operations that do not…

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12

Feb

FinanceMalta To Shift to Targeted, Quality-Focused Promotion for 2026

FinanceMalta plans to adopt a more targeted, quality-focused promotional strategy in 2026, redirecting resources towards local initiatives and targeted familiarisation visits, Chief Strategy Officer Dr Bernice Buttigieg announced. Speaking at…

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11

Feb

Lufthansa pilots, crew to strike on Thursday

Employees of German flagship carrier Lufthansa have been called to go on a 24-hour strike on Thursday, the VC (Vereinigung Cockpit) union representing pilots and the UFO union of flight attendants…

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11

Feb

Heineken to cut up to 6,000 jobs as beer demand falters

Heinekenon Wednesday said it would cut up to 6,000 jobs from its global workforce and set lower expectations for profit growth in 2026 than a year earlier, as the Dutch…

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09

Feb

ATTO’s 2026 Annual Conference To Address Malta’s Fragility In Europe’s Road Transport Strategy

The Association of Tractor and Trailer Operators (ATTO) is announcing its forthcoming annual conference on the 18th of February themed Europe’s Island Link: Advocating Malta’s Role in the EU’s Transport…

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06

Feb

Danone recalls more infant formula in Europe

Danone is withdrawing batches of infant formula in Austria, Germany and France, the company and an Austrian government food agency said, expanding an industry recall sparked by contamination with the…

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06

Feb

Pandora to switch from silver to platinum over price surge

Jeweller Pandora has said it will switch from using silver in some of its ranges to platinum following a dramatic increase in prices. Silver has seen its price more than…

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06

Feb

Bitcoin rebounds after brushing $60,000 level

Bitcoin bounced from a 16-month low on Friday after testing the key $60,000 level, as a global rout in technology stocks that washed out risky bets across asset classes showed…

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06

Feb

World food prices ease further in January, United Nations’ FAO says

World food prices fell for a fifth straight month in January, led by declines in dairy, sugar and meat products, the United Nations' Food and Agriculture Organization said on Friday.…

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06

Feb

Supply chain chaos becomes aviation’s ‘new norm’ as demand hits records

Years after the pandemic, the aviation industry is still struggling to recover from supply chain disruptions that have been exacerbated by record passenger demand and geopolitical challenges, executives and suppliers…

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05

Feb

Bitcoin dip brings key $70,000 level into view

Bitcoin was on the cusp of breaking below the key $70,000 level on Thursday as a slide in the world's largest cryptocurrency showed no signs of stopping. Bitcoin fell 2%…

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05

Feb

Precious metals, oil slide as global tensions ease; copper down

Prices of commodities, from silver and gold to crude oil and copper, dived on Thursday, as global tensions eased after a telephone call between the leaders of China and the…

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03

Feb

Libya plans to boost gas exports to Europe by 2030

Libya plans to boost its natural gas production in the next five years to have more supply available for export to Europe by early 2030, National Oil Corporation Chairman Massoud…

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