Corporate Dispatch

GO Guarantees Reliable Broadband connectivity in every corner of your home with ‘GO Smart Wi-Fi’

GO has launched its latest in a line-up of innovative products - its ‘GO Smart Wi-Fi’, which guarantees top speed broadband in every corner of one’s home. What’s more, this…

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Community People

by Professor JosAnn Cutajar, Department of Gender Studies, Faculty for Social Wellbeing Definition of Community A community consists of a group of individuals or families that share certain values, interests,…

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Microsoft to invest $1.5 billion in Italy

Microsoft Corp. said on Friday it would create its first datacentre region in Italy under a $1.5 billion investment plan as the U.S. company expands its cloud computing services to…

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Cool teams up with Caritas to deliver food for those in need

Ride-sharing company Cool has teamed-up with Caritas during these challenging times to support the Church organisation and its dedicated team of volunteers to deliver food for the most vulnerable members…

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Dar tal-Providenza finds timely support in Bad Boy Cleaners

Bad Boy Cleaners employees donated their time to residents at Dar tal-Providenza to fill in for regular cleaning staff who cannot report for work because of the ongoing emergency. The…

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Microsoft Reinforces Greece, Cyprus, and Malta Senior Management Team

Microsoft Greece, Cyprus and Malta announces organizational changes in its senior management team, aiming at further strategic development of its partner network and more effective customer support, at a very…

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Microsoft with full confidence in the New Zealnd’s economy

Prime Minister Jacinda Ardern said the news that Microsoft will make an investment in New Zealand to establish a data centre for its cloud services was welcomed news. "International companies…

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Microsoft Teams proving to be an essential tool to NHS doctors

NHS staff at a major hospital in Southampton are managing the surge in people arriving with Coronavirus symptoms by using technology to quickly find out who has the virus and…

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Corporate Interview with Lawrence Pavia, MD of Island Insurance Brokers

A pioneer in the insurance industry, LAWRENCE PAVIA, the managing director of of Island Insurance Brokers, admits the sector is responding very well and appropriately to the current circumstances. “Within…

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Microsoft announced $1 billion digital investment plan in Poland

Microsoft has today announced a $1 billion digital investment plan in Poland, which includes its first data centre in the region providing cloud services to business and government. The project…

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Over €300,000 raised for charity through Malta Together’s ‘Festival of Gratitude and Inspiration

Malta Together’s Festival of Gratitude and Inspiration was aired on Sunday 3rd May to thank the health care workers, other front liners and volunteers who are involved in the fight against…

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Lamborghini prepares to restart production on May 4 with people-safety foremost

Automobili Lamborghini is set to resume its production activities from 4 May, in accordance with the Italian Prime Minister’s decree of 26 April. The Sant-Agata Bolognese company is currently completing…

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Malta Chamber of Commerce welcomes relaxation of economic restrictions

The Malta Chamber welcomed the latest announcements by Government to relax the economic lockdown, predominantly measures affecting non-essential retail. The Malta Chamber said in a statement this afternoon that it…

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Kia to offer ‘job loss insurance’ to new car buyers in Europe

Korean carmaker Kia plans to offer insurance in Europe which protects clients from having to make monthly payments on a new vehicle if they lose their job, a scheme designed…

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Caterpillar to close three of its German production sites

The Caterpillar logo seen at the Caterpillar plant in Dortmund, Germany, 30 April 2020. The US construction machinery group Caterpillar is closing three of its German production sites, affecting Dortmund,…

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Remote work helps Microsoft soften pandemic blow

Microsoft posted a sharp rise in its profits in the latest quarter, despite the coronavirus pandemic. Surpassing Wall Street expectations, the US technology giant reported a fiscal third-quarter profit of…

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Island Insurance Brokers Re-Confirms CII Status

Island Insurance Brokers (IIB) has just reconfirmed its Corporate Chartered Status by the Chartered Insurance Institute, the international professional body for insurance and financial planning. “Being re-confirmed with this status…

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Government extends wage supplement by 2 months, shares plan to ease restrictions with MCESD

Government has announced that its COVID-19 wage supplement, which was originally announced for the months and April will be extended for another two months, covering May and June. Economy Minister…

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Barclays warns coronavirus pandemic could cost it £2.1bn

Barclays has warned the coronavirus pandemic could cost it some £2.1bn, largely due to customers being unable to repay their loans. The firm said it was setting the money aside…

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Maximum attention to workplace health and safety as FCA restarts production at Sevel plant in Italy

A variety of health and safety measures have been implemented at the Sevel plant in Atessa, Italy – a joint venture with PSA Group and one of the leading producers…

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Remy Cointreau warns of 50-55% slump in sales due to coronavirus

French spirits company Remy Cointreau warned it expected sales to fall by around 50-55% in the first quarter of the 2020/21 fiscal year, due to wholesaler destocking in Greater China…

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Next details reopening plan for the UK

Next has set out plans to reopen its shops after any easing of lockdown measures. The fashion retailer will prioritise larger, out-of-town stores, where social distancing can be more easily…

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U.S. airline JetBlue mandates face masks for all passengers

Beginning May 4, all travellers who step foot on a plane operated by JetBlue will need to wear a crucial accessory: a face mask. The airline announced that in one…

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Investment Migration Council Finds No Breach of Code of Ethics by Chetcuti Cauchi

The Investment Migration Council has concluded a thorough seven-month investigation into allegations by the French media, finding no breach of the IMC Code of Ethics and Professional Conduct by Dr…

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British Airways to make 12,000 workers redundant

British Airways is on course to make up to 12,000 workers redundant following a collapse in global travel due to the coronavirus crisis. The airline's parent company IAG said a…

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Toyota engaged in production of medical face shields

Toyota Motor Corporation (Toyota) and Toyota Group companies are engaged in full-scale production of medical face shields in Japan, with Toyota largely expanding its production capacity from 500 to 600…

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Adidas reports a 93% plunge in profits

Adidas reported a 93% plunge in first-quarter profit and sales off 19%, missing forecasts, and warned of a deeper hit to second-quarter revenue as lockdowns forced the German sportswear maker…

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Toymaker Hasbro and card maker Cartamnundi to produce personal protective equipment for medical workers

Hasbro, Inc, a global play and entertainment company, and Cartamundi, the worldwide leading manufacturer of playing cards, trading cards and board games, today announced plans to produce 50,000 face shields…

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Airbus boss warns company in dire straits

The chief executive of Airbus has reportedly issued a stark assessment of the impact of the coronavirus pandemic on the plane maker. In a letter to workers, seen by…

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Israeli Firm Raises US $5 Million for Tech to recognise Mask-Covered Faces

Israel's Corsight AI, which has developed technology to recognise faces concealed by masks, goggles and plastic shields, raised $5 million from Awz Ventures, a Canadian fund focused on intelligence and…

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Vienna Airport Group launches saving programme – postpones dividend

Vienna Airport launched a savings programme equivalent to a quarter of annual revenue on Friday in response to the travel falloff caused by coronavirus and said state aid will ensure…

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Bill Gates determined to do all he can in fight against coronavirus

Bill Gates, the Microsoft tycoon, has said the global coronavirus pandemic is his “worst nightmare”, and said he will fund the manufacture of several vaccines even prior to their being…

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‘Historic’ aid package for Air France-KLM and Renault

France said on Friday it was readying a "historic" package of multi-billion euro loans to help carmaker Renault and flag-carrier Air France through the crisis caused by the coronavirus. The…

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Zoom makes privacy and security fixes

Zoom will begin rolling out a long-awaited security update this weekend to deal with widespread complaints of video-conferencing interruptions and other potential meeting vulnerabilities, the company said Wednesday. As…

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Google to make verification mandatory for all advertisers

Alphabet Inc’s Google said on Thursday all advertisers would have to complete a verification process before buying ad space on its platform, starting this summer, in a bid to make…

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Fiat Chrysler to restart van production at Atessa plant

Fiat Chrysler (FCA) aims to restart van production at its Atessa joint venture plant in central Italy at 70% of the normal rate, a union representative told Reuters on Thursday.…

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Alitalia being nationalised

Alitalia will "initially" be 100% state owned but "then we will have to see", Transport Minister Stefano Patuanelli said Thursday. He said the troubled former national flag carrier will be…

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Toyota’s Yaris Cross Makes World Debut

Toyota announces that its new compact SUV, the Yaris Cross, originally planned to be revealed at the 2020 Geneva Motor Show, has made its world debut. As a new SUV…

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Snapchat shares rise 20% as coronavirus spurs use

Snap Inc beat Wall Street estimates for quarterly revenue and user growth for its Snapchat app, as more people seek entertainment while they stay at home during the global coronavirus…

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European Commission approves a €5.3million COVID-19 R&D Fund for Malta

The European Commission has approves a €5.3million COVID-19 Research & Development Fund for Malta. The aim of this Fund will be to provide innovative and/or improved approaches with regards to…

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eCabs supports MOAS and the Agency for the Welfare of Asylum Seekers

A total of 2500 meters of elastic, 500 meters of fabric and 140 spools of thread are being delivered by eCabs to 130 volunteers around Malta. These volunteers have recently…

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UNICEF and Microsoft launch global learning platform to help address COVID-19 education crisis

UNICEF and Microsoft Corp. announced the expansion of a global learning platform to help children and youth affected by COVID-19 continue their education at home. The Learning Passport started off…

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Flaw in iPhone, iPads may have allowed hackers to steal data for years

Apple Inc is planning to fix a flaw that a security firm said may have left more than half a billion iPhones vulnerable to hackers. The bug, which also exists…

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Heineken beer sales take a steep plunge

Dutch brewer Heineken reported on Wednesday that first-quarter net profit plunged by 68.5%, impacted by the coronavirus pandemic. The company said net profit fell to €94m ($102m) from €299m…

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Microsoft commits patents to help fight COVID-19

Microsoft is committing to the Open COVID Pledge by making its patents available free of charge for use in efforts to end the COVID-19 pandemic and minimize the impact of…

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Malta Development Bank and BOV launch financing scheme to assist local business during pandemic

Bank of Valletta, together with the Malta Development Bank (MDB), have launched the ‘BOV-MDB COVID Assist’, a financing scheme aimed at assisting local businesses facing unprecedented disruptions brought about by…

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eCabs launches Accessible Mobility Service

Once again eCabs is leading the way in setting the standard for passenger mobility in Malta through its investment in the development of a set of measures aimed at opening…

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Bringing Home The Essentials

“We too are human, scared by the unknowns of the pandemic. Our overseas truckers and local drivers cover long miles in solitude, not knowing how safe this job still is.…

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Free HR consultation sessions by Misco

Misco is offering one-to-one sessions for employers and HR professionals seeking advice with regard to the current scenario. The special service provides one hour of complementary consultation related to business…

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Bill & Melinda Gates Foundation ups pandemic funds to $250 million

Announcing an extra $150 million of funding from The Bill & Melinda Gates Foundation to help speed the development of treatments, vaccines and public health measures to tackle the new…

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UPDATED – Government to subsidise interest rates for businesses

Updated 1850 Malta Chamber of Commerce welcomes interest rate subsidy The Malta Chamber of Commerce welcomed the Government subsidy up to 2.5% of interest, on business loans related to the…

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Microsoft making AccountGuard threat notification service available free to healthcare providers worldwide

Tom Burt - Corporate Vice President, Customer Security & Trust of Microsoft announced that Microsoft is making its AccountGuard threat notification service available at no cost to healthcare providers on…

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Bill Gates condemns Donald Trump for stopping US payments to WHO

Bill Gates has said Donald Trump's decision to stop US funding of the World Health Organisation "during a world health crisis" is as "dangerous as it sounds". The Microsoft founder…

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Chamber of Commerce appeals to Government to extend assistance beyond wages, recommends public sector wage cuts

The Chamber of Commerce has today appealed to Government to extend assistance beyond contribution to wages but should look at helping businesses prepare to have a fighting chance of landing…

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The Brands That Will Survive Covid19: Those That Kept Communicating

by James Vella Clark “All we need to do is make sure we keep talking” ‘Keep Talking’ - Pink Floyd. When three weeks ago, people started retreating inside their homes,…

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Loneliness – A Modern Epidemic

by Dr. Natalie Kenely, Department of Social Policy and Social Work, Faculty for Social Wellbeing Introduction Most of us know it, are acquainted with it. At some point in…

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Brown’s Pharma announces the launch of a free delivery service to its POYC registered customers

Brown’s Pharma Ltd announced the introduction of a free home delivery service to all the customers registered with Brown’s Pharmacy under the POYC scheme. As part of the Company’s effort…

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