Business

GO Enters Insurance Sector In Malta With Launch of GO Insure

GO has taken its first step into the insurance sector with the launch of GO Insure, a Home Contents insurance product developed in partnership with Atlas Insurance, one of Malta’s…

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Microsoft introduces new AI character called Mico

Clippy, the animated paper clip that annoyed Microsoft Office users nearly three decades ago, might have just been ahead of its time. Microsoft has introduced a new artificial intelligence (AI)…

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Oil prices rise after US and China reach trade-deal framework

Oil prices rose in early trade on Monday after U.S. and Chinese economic officials sketched out a trade-deal framework, easing fears that tariffs and export curbs between the world's top…

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Oil prices dip after surge, remain on track for weekly gain amid supply fears

Oil prices dipped in early trade on Friday, trimming part of the previous day's surge but remaining on track for a weekly gain, as fresh U.S. sanctions on Russia's two…

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Oil rises 2.5% after US sanctions Russia’s Rosneft, Lukoil

Oil prices jumped around 2.5% on Thursday, extending gains from the previous session, as supply concerns resurfaced after the United States imposed sanctions on major Russian oil suppliers Rosneft and…

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OpenAI launches Atlas browser to compete with Google Chrome

OpenAI introduced its own web browser, Atlas, on Tuesday, putting the ChatGPT maker in direct competition with Google as more internet users rely on artificial intelligence to answer their questions.…

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Oil rises more than 1% on supply risk, US-China trade talks

Oil prices pushed higher for a second day on Wednesday, by more than 1%, buoyed by sanctions-related supply risk and hope of a U.S.-China trade deal while investors also digested…

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Gold extends retreat from record high on profit-booking, trade optimism

Gold prices fell further on Wednesday, weighed down by signs of easing U.S.-China trade tensions and as investors took advantage of bullion's recent record rally to take profits while awaiting…

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Gold takes a breather after record rally

Gold prices fell over 1% on Tuesday as investors booked profits after the metal hit another record high in the previous session, driven by expectations of U.S. interest rate cuts…

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Oil declines on oversupply fears

Oil prices fell on Tuesday on concerns about excess supply and risks to demand stemming from tensions between the U.S. and China, the world's top two oil consumers, even as…

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Oil prices slip on concerns over US-China trade tensions

Oil prices dipped on Monday, pressured by worries over a global glut as escalating U.S.-China trade tensions added to concerns about an economic slowdown and weaker energy demand. Brent crude…

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Nestlé to cut 16,000 in major restructuring

Nestlé will cut 16,000 jobs in a major restructuring effort aimed at boosting sales volumes, new CEO Philipp Navratil announced on Thursday. The world’s largest packaged food company reported stronger-than-expected…

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UK’s Nscale to supply Microsoft with 200,000 Nvidia AI chips

British artificial intelligence group Nscale has signed an expanded agreement with Microsoft to deploy around 200,000 NvidiaAI chips across its data centers in Europe and the United States, it said…

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Oil down as market eyes excess supply, US-China trade tensions

Oil prices fell on Wednesday, extending losses from the previous session, as investors weighed the International Energy Agency's warning of a supply surplus in 2026 and U.S.-China trade tensions that…

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Microsoft, SoftBank in talks for $2 billion investment in UK’s Wayve

British autonomous driving technology group Wayve is in talks with Microsoft and SoftBank to raise up to $2 billion in funding, which could value the firm at about $8 billion,…

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Revolut’s UK banking licence held up on concerns over global risk controls, FT reports

London-based digital finance firm Revolut's UK banking licence is being held up by British regulators' concerns over whether its risk controls can keep pace with the rapid growth of its…

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Oil edges up as US, China tamp down trade tension

Oil prices rose on Tuesday as early signs of a thaw in U.S.-China trade tensions bolstered market sentiment, alleviating concerns over global fuel demand. U.S. President Donald Trump remains committed…

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Oil recoups some losses from US-China tensions

Oil prices rose on Monday after hitting five-month lows in the previous session, as investors hoped potential talks between the presidents of the U.S. and China could ease trade tensions…

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Deal or No Deal? The Realities of M&A Negotiations in Malta

By Stuart Firman, Senior Associate within Ganado Advocates' corporate finance team Mergers and acquisitions are rarely straightforward. Even in bullish markets, deals hinge on negotiation and the delicate balancing act…

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TWO NEW LAWS – Good News, Bad News

By David Fabri 1. Various Laws relating to the Establishment and Jurisdiction of the Commercial Court (Amendment) Act, 2025 (Bill no. 133) Bill no. 133 purports to re-establish a Commercial…

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EIF chief: “Europe must build the financial ecosystem its innovators deserve”

Last year, the European Investment Fund (EIF) committed some €14 billion to European SME’s. With borrowing costs still high and private capital scarce, EIF Chief Executive MARJUT FALKSTEDT, who will…

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Building Trust Through Tax Transformation

Joseph Caruana, Commissioner for Tax and Revenue The Malta Tax and Customs Administration (MTCA) is closing the final chapter of its Strategic Plan, Delivering Transformation, and preparing for the next…

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EU Commission Rejects Calls to Pause AI Act Amid Industry Pressure

The European Commission has firmly dismissed calls to delay the implementation of the landmark Artificial Intelligence Act, despite mounting pressure from industry and political quarters. In July, several leading European…

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Former British PM Sunak joins Microsoft, Anthropic in advisory roles

Former British Prime Minister Rishi Sunak said he has joined U.S. tech giant Microsoft and AI startup Anthropic as a senior adviser. Sunak, who stepped down as the leader of…

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MMF Calls for Adoption of IMO Net-Zero Framework and Consequent Withdrawal of EU ETS

Ahead of the upcoming MEPC meeting scheduled for 14 October in London, the Malta Maritime Forum (MMF) has called on IMO member states to formally endorse the Net-Zero Framework. This…

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Malta Public Transport announces special services for Birgufest

Malta Public Transport will be operating special and additional services for Birgufest on Saturday, 11 October 2025, including night trips to faciliate access to this cultural and historical event. To…

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Oil prices fall slightly as risk premium fades after Gaza deal

Oil prices declined slightly on Friday after settling 1.6% lower in the previous session as the market's risk premium faded after Israel and Hamas agreed to the first phase of…

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Delta Air Lines offers bullish outlook on higher fares, demand recovery

Delta Air Lines delivered an upbeat outlook for the current quarter on Thursday, after posting stronger-than-expected third-quarter earnings, buoyed by a recovery in corporate travel demand and improved pricing power.…

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09

Oct

Malta Attracts Prestigious Hospitality Brand Novotel

Malta has strengthened its appeal to international tourism with the opening of Novotel Malta Sliema, the island’s first property from the globally recognised Accor brand. The 293-room hotel marks a…

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Harvard medical school licenses consumer health content to Microsoft

Harvard University said that its graduate medical school has entered a licensing agreement with Microsoft, granting the tech company access to its consumer health content on specific diseases and wellness…

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Oil eases as Gaza ceasefire cools risk premium

Oil prices fell on Thursday after Israel and Hamas agreed to the first phase of a plan to end the war in Gaza, easing geopolitical tension in the Middle East,…

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European small businesses are rushing into AI without basic digital tools

Most European small and mid-sized enterprises are prioritizing artificial intelligence systems over basic digital tools across their businesses, losing ground to bigger firms investing in core digital systems, a study…

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Italian Consumer Spending Holds Steady, But One in Three Families Cut Food Budgets – Istat

Italian household spending remained broadly stable in 2024, but a significant share of families tightened their belts on food and beverages, the national statistics agency Istat reported. According to the…

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Oil rises as oversupply fear eases after OPEC+ restrains output increase

Oil prices rose on Wednesday as investors brushed off oversupply fears, having digested a decision earlier by OPEC+ to restrain production increases next month. Brent crude futures rose 48 cents,…

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Gold builds on historic rally, soars past $4,000 an ounce for first time

Gold pushed through $4,000 an ounce to hit a record on Wednesday, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further interest rate cuts…

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Gold set to become Australia’s second-biggest resource earner

Australia said on Tuesday it expected gold to become its second most valuable resource export after iron ore this financial year, dislodging liquefied natural gas, as concerns over geopolitical instability…

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Airbus A320 ousts Boeing 737 as most-delivered jet in history

Europe's Airbus broke a major commercial barrier on Tuesday when its A320 family of planes overtook the Boeing737 to become the most-delivered jetliner in history. Boeing's decades-old record fell as…

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Oil steady as market chews over OPEC+ output hike, supply glut fear

Oil prices were steady on Tuesday, with sentiment toward a smaller-than-anticipated OPEC+ output hike dulled by weakening global demand and the potential for a supply glut. Brent crude futures gained…

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European companies cut jobs in response to slowing economy

Several European companies have frozen hiring or cut jobs this year, citing difficult economic conditions exacerbated by U.S. tariffs. Here are some of the companies that announced layoffs: CAR AND…

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Apple and Samsung users could be due share of £480m payout

Nearly 30 million people in the UK who bought an Apple or Samsung smartphone between 2015 and 2024 may be entitled to about £17 if the consumer campaign group Which?…

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Oil prices jump 1.5% after lower-than-expected OPEC+ output hike

Oil prices rose around 1.5% on Monday after OPEC+ announced a more modest monthly increase in production than expected, tempering some concerns about supply additions, though analysts expect near-term gains…

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The Other Africa

By Tonio Galea, Senior Editor, The Dispatch - CDE News When most people hear "Africa" in the news, it’s usually in the context of crisis: migrant boats capsizing in the…

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GO Introduces Malta’s First Wi-Fi Calling Service

GO plc has become the first Maltese telecoms operator to launch Voice over Wi-Fi (VoWiFi), commonly known as Wi-Fi Calling. The technology, formally known as Voice over Wi-Fi (VoWiFi), follows…

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The EU Pay Transparency Directive: “An Opportunity for HR to Lead Meaningful Change”

By Joanne Bondin, Director at misco The adoption of the EU Pay Transparency Directive marks a pivotal moment across Europe, including Malta, reinforcing the long-standing Maltese principle of equal pay…

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Malta’s New Bridge To Japan: “When We See High Standards, That Is When You Win Our Trust”

Last month, Malta signed an MoU with Japan’s fintech industry, an important milestone is stepping up efforts to secure a coveted double taxation agreement. The Corporate Times met TADAHIKO YAMAGUCHI,…

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FinanceMalta Signs MoU On Fintech With Japan As Talks Advance On Double Tax Deal

During this week’s current trade mission in Japan, FinanceMalta signed a memorandum of understanding (MoU) with the Fintech Association of Japan, marking a major step in deepening financial ties between…

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Cugó Gran Collection Celebrates 10 Years of Excellence in Heritage Luxury

This year, the Cugó Gran Collection is proudly celebrating its 10th anniversary, marking a decade of redefining heritage luxury through authenticity, elegance, and an uncompromising dedication to excellence. Since opening…

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“APS Is No Longer A Secondary Option”

APS Bank chief on shifting ownership, digitalisation and why investor appetite remains strong Two weeks ago, APS Bank launched a rights issue to raise €45 million in fresh equity, accelerating…

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EU Looking At Reviving Decades-Old Idea Of Euro-Med Free Trade Area

Several European Union countries are advocating for the elimination of trade barriers with select Mediterranean partners, aiming to foster deeper economic integration through the upcoming Pact for the Mediterranean. This…

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Malta Public Transport announces special services for Notte Bianca

Malta Public Transport will be operating special bus services for Notte Bianca, the popular cultural event being held on Saturday 4 October 2025 in Valletta. Notte Bianca transforms Valletta into…

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Oil on track for steepest weekly drop in 3-1/2 months

Oil prices rose on Friday after four straight sessions of declines but were on track for their steepest weekly fall since late June due to market expectations that the OPEC+…

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Ryanair Boss Advocates Shoot-Down Powers for Disruptive Drones in Europe

Ryanair CEO Michael O’Leary slammed the EU for failing to protect European airports and said unauthorized drones disrupting air traffic should be shot down. On Wednesday, European Union leaders met…

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For the First Time in 133 Years, Maxwell House Rebrands as “Maxwell Apartment”

American coffee brand Maxwell House has announced plans to rebrand to Maxwell Apartment to meet the needs of the everyday consumer. Owned by the North America division of the Kraft Heinz…

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Oil rises on Russia sanctions fears after 3-day losing streak

Oil prices rose on Thursday after losses in previous three sessions due to market oversupply concerns, as the potential for tighter sanctions on Russian crude lent some support. Brent crude…

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Oil steadies as investors weigh OPEC+ output hike against US crude inventories

Oil prices steadied in early trade on Wednesday after two consecutive days of losses as investors weighed potential OPEC+ plans for a larger output hike next month against the prospect…

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Lufthansa faces potential strike after pilots vote for industrial action

Germany's Lufthansa could face a strike at its main airline after pilots' union VC said on Tuesday its members had voted in favour of a walkout in a dispute over…

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Oil dips as OPEC+ plan stokes supply-surplus concerns

Oil prices fell on Tuesday as another anticipated production increase by OPEC+ and the resumption of oil exports from Iraq's Kurdistan region via Turkey reinforced the outlook for a looming…

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