Business

Malta Public Transport launches Malta’s first fully electric 9-metre low-floor buses

Malta Public Transport has launched two new fully electric nine-metre low-floor buses, the first of their kind for Malta, as part of its ongoing investment in service quality, sustainability, and…

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Oil holds gains as investors eye impact from attacks on Russian energy facilities

Oil prices were little changed on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries that could disrupt its crude and fuel exports, while also eyeing…

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Ryanair warns of years-long impact on European travel from Russian drones

Ryanair boss Michael O'Leary warned on Thursday that the Russian war in Ukraine would cause travel disruption for European airlines for years to come, a day after Poland shot down…

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Tourists to Greece Spend Less on Restaurants, More on Supermarkets

Greece’s restaurant sector is seeing weaker sales this summer despite record arrivals of foreign visitors, as more tourists opt for supermarket meals and cooking at short-term rentals, industry officials said.…

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Microsoft averts EU antitrust fine with unbundled Office and Teams pricing

Microsoft avoided a possible hefty EU antitrust fine by offering customers reduced prices for Office products excluding Teams, a move on Friday that comes amid rising tensions with the United…

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12

Sep

Giorgio Armani Directs Heirs to Sell Brand or Take It Public

Late designer Giorgio Armani has instructed heirs to gradually sell the fashion brand he created 50 years ago or seek a stock market listing, his will said, marking a surprising…

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Oil prices extend losses

Oil prices fell on Friday, adding to big declines in the previous session, as concerns about the possible softening of U.S. demand and broad oversupply offset worries about supply disruption…

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Ryanair axes one million seats to and from Spain

Ryanair has axed one million seats to and from Spain this winter. The budget airline has blamed the move on Spanish airport operator AENA and its decision to increase the…

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Oil prices settle up over $1 after global tensions mount; oversupply caps gains

Oil prices settled higher on Wednesday by more than $1 a barrel as investors worried about possible supply disruptions after Poland downed drones in its airspace and the U.S.pushed for…

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Serbia to raise minimum wage by 10% starting January

Serbia’s government said it will increase the country’s minimum monthly net wage by 10.1% to 64,554 dinars ($647/551 euros) starting Jan. 1, after failing to reach an agreement with employers…

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Oil Prices Surge Amid Middle East Tensions

Oil prices rose on Wednesday after Israel attacked Hamas leadership in Qatar and U.S. President Donald Trump asked Europe to impose tariffs on buyers of Russian oil, but a weak…

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Nebius signs $17.4 billion AI infrastructure deal with Microsoft

Nebius Group said it will provide Microsoft with GPU infrastructure capacity, in a deal worth $17.4 billion, over a five-year term. The deal underscores the surging demand for high-performance AI…

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Oil rises on modest OPEC+ output hike decision, Russia supply woe

Oil prices gained on Tuesday after OPEC+ decided to increase production by less than what market participants had anticipated, while concerns over tighter supply due to potential new sanctions on…

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Travel firm Jet2 forecasts lower profit as later bookings trend worsens

British low-cost airline and travel firm Jet2 tempered its profit outlook this week as visibility was muddled by travellers booking tickets closer to departure, sending its shares plummeting and dragging…

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Sweden to lower VAT on food

Sweden will halve its VAT on food products as part of its 2026 budget as it looks to reduce the burden of inflation on Swedish families. A statement from the…

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What becomes of the fashion empire Armani built?

Giorgio Armani established one of the world's best-known fashion brands over the past five decades, and his death inevitably raises questions about the future of an Italian company whose independence…

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Oil prices ease as investors await OPEC+ output decision

Oil prices drifted down in early trading on Friday for the third straight day as investors awaited an OPEC+ meeting this weekend that will consider further output hikes. Brent crude…

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Google services were down in Turkey, parts of Europe

Some Google services including YouTube temporarily went down on Thursday in Turkey and some parts of Europe including Greece and Germany, according to a Turkish deputy minister, internet monitors and…

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Ryanair cuts capacity in Spain after airport fee hike

Irish airline Ryanair said it was cutting its passenger capacity in Spain for next winter by 1 million seats in response to what it called a "shameless" fee hike announced…

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Oil prices extend losses as OPEC+ considers another output hike

Oil prices slid on Thursday, extending a decline of more than 2% in the previous session, as investors and traders look ahead to a weekend meeting of OPEC+ where producers…

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Coca-Cola considers selling Costa Coffee after rising costs and weak performance

Coca-Cola is weighing a potential sale of Costa Coffee, according to two people familiar with the matter, as mounting costs and increasing competition from premium rivals continue to weigh on…

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Nike to cut about 1% of corporate staff amid turnaround effort

Nike announced on Thursday that it plans to cut less than 1% of its corporate workforce as part of a broader turnaround strategy under Chief Executive Officer Elliott Hill. Since…

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Majority of Online Gambling in Europe Found to Be Illegal

Illegal gambling operators control 71% of the European Union’s online betting and casino market, with revenues reaching €80.65 billion, as regulators struggle to crack down on cryptocurrency casinos and illicit…

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Wagamama’s Parent Company Linked to Potential Costa Coffee Sale Talks

Apollo Global Management, the investment firm that owns Wagamama’s parent company, has expressed preliminary interest in acquiring Costa Coffee, Britain’s largest high street coffee chain, according to people familiar with…

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Ryanair to increase oversized bag bonus for staff

The bonus for Ryanair workers who intercept passengers with oversized cabin bags will rise from €1.50 to €2.50 per bag, the airline's boss said. Michael O'Leary told the BBC the…

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Oil slips as market weighs end of US summer driving and India supply dilemma

Oil prices fell on Thursday as investors weighed the outlook for U.S. fuel demand with the end of the summer driving season near, while assessing potential crude supply shifts as…

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LinkedIn deepens video ad push, taps more publishers and creators to spur growth

LinkedIn is expanding its video advertising program, adding new publishers and creator-led shows to draw marketing dollars. The Microsoft-owned platform for professionals said on Monday that AT&T Business, IBM, SAP…

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Finnair introduces new destinations for summer 2026: Catania, Florence and Valencia; scheduled flights also to Kos

Finnair strengthens its Southern European network and starts scheduled flights to Catania, Florence, Valencia and the Greek island Kos in summer 2026. Catania, Florence and Valencia are new destinations, while…

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Global Endometriosis Expert Headlines Launch of Groundbreaking New Treatment for Women in Malta

A recent wave of national awareness and deeply personal stories in the media made the conversation around endometriosis in Malta louder and more urgent. Now, in a breakthrough development, local…

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Oil steady as investors eye Ukraine war, US tariffs on India

Oil prices steadied on Wednesday, after falling in the previous session, as the market watched for fresh developments in the Ukraine war and investors weighed hefty new U.S. tariffs on…

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Coca-Cola explores sale of Costa Coffee

U.S. soft drinks company Coca-Cola is working with investment bank Lazard to review options, including a potential sale, of British coffee chain Costa, a source familiar with the matter told…

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Denmark plans to scrap taxes on coffee, confectionery

Denmark plans to abolish taxes on coffee and confectionery in a phased manner starting from next year to ease the burden of higher costs facing consumers.The taxes would first be…

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Oil eases after rising to two-week high on Russia-Ukraine supply concerns

Oil prices edged down on Tuesday after surging nearly 2% in the previous session, as traders kept a close watch on developments in the Russia-Ukraine conflict for the potential impact…

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Malta Public Transport announces special services for André Rieu concerts

Malta Public Transport will be organising special bus services for the popular André Rieu concerts taking place Friday 29th and Saturday 30th August 2025 at the Granaries in Floriana. The…

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Oil prices climb after Ukraine attacks hit Russian energy sites

Oil prices edged higher on Monday after Ukraine stepped up attacks on Russia, fanning concerns Russian oil supply could be disrupted, while expectations of a cut in U.S. interest rates…

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Rising Demand and Declining Yields Push Coconut Oil into Luxury Tier

Prices of coconut oil are surging in Asia, where top consumer India leads the charge with a tripling in two years, as supply shortages and booming demand for the nutrient-rich…

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Oil extends gains amid signs of strong demand

Oil prices extended gains on Thursday, bolstered by signs of strong demand in the U.S., with uncertainty over efforts to end the war in Ukraine also lending support. Brent crude…

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Pop Mart CEO says Labubu-maker’s revenue could hit over $4 bln this year

Pop Mart chief executive Wang Ning said on Wednesday his toy company was on track to meet its targeted revenue goal of 20 billion yuan ($2.78 billion) in 2025, and…

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Oil little changed as investors await next steps in Ukraine peace talks

Oil prices were little changed on Wednesday as investors await the next steps in talks to end Russia's invasion of Ukraine, leaving in place sanctions on Russian crude and the…

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Microsoft Embeds OpenAI’s GPT-5 Across Key Platforms

Microsoft announced that it has integrated OpenAI’s newly released GPT-5—its most advanced artificial intelligence model to date—into several leading products, including Microsoft 365 Copilot, GitHub Copilot, Azure AI Foundry, and…

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19

Aug

MSNBC will become MS NOW, lose peacock logo

Cable news network MSNBC will change its name and drop the iconic peacock logo as parent Comcast presses ahead with the planned separation of many NBCUniversal cable networks later this…

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Oil edges lower as market ponders potential Russia-Ukraine peace talks

Oil prices slipped in early Asian trade on Tuesday as market participants contemplated planned three-way talks among Russia, Ukraine and the U.S. to end the war in Ukraine, which could…

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Oil falls on easing Russia supply concerns after Trump-Putin meet

Oil prices slipped on Monday as the U.S. did not exert more pressure on Russia to end the Ukraine war by implementing further measures to disrupt Russian oil exports after…

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“Time For Serious And Structured Review Of Malta’s Corporate Tax Framework.”

Shadow Minister for Finance HON GRAHAM BENCINI believes that while foreign investment needs to increase, this should not happen at the expense of local businesses. “Maltese businesses deserve fairer treatment,…

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CORPORATE COMMENTARY

Malta stands at a critical juncture. Despite years of economic growth, record tax revenues, and a resilient private sector, the country's rising public debt casts a long and increasingly dark…

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More Than Vision, Malta’s Maritime Strategy Needs Collective Action

Godwin Xerri, Chairman, Malta Maritime Forum Malta’s maritime sector faces a defining moment. Pressures from EU green regulations, the global push for cleaner fuels, accelerating technological disruption, geo-political tensions, and intensifying…

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“Malta’s Direction in Financial Services Should No Longer Be About Rehabilitation But Strategic Repositioning.”

George Vella, Chairman of Finance Malta FinanceMalta’s upcoming 18th Annual Conference, set for November 2025 under the theme “Redefining Finance: A Quality-Driven Future for Malta” arrives at a pivotal moment, a time when…

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Hapag-Lloyd Trims 2025 Outlook as Mid-Year Profits Decline

Container shipping company Hapag-Lloyd has reported a 3.1% decline in first-half net income and lowered the top end of its full-year earnings forecast, largely due to uncertainty over geopolitical issues and US trade policy. The world's fifth-largest shipping firm projected full-year earnings before interest and taxes ranging between…

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