Shares in European banks and in the travel and leisure industries surged about 10% on Monday after Pfizer announced that its experimental COVID-19 vaccine was more than 90% effective, which prompted a major rally across the continent’s bourses.
Europe’s banking index made its biggest jump since the European sovereign debt crisis in 2011 and gained 10.9%.
European airlines, hard hit by the social restructions induced by the pandemic, made high double-digit gains, such as BA owner IAG, rising close to 40%.
Earlier, Britain’s transport minister Grant Shapps told an online airport industry conference that Britain was making “good progress” with a plan to allow COVID-19 tests to shorten a 14-day quarantine period for those returning from abroad, a change that could help fuel a recover in travel.
The pan-European STOXX 600 index, which was already rising after Joe Biden’s victory in the U.S. presidential election, jumped 4.5%.
Lebanon’s Culture Minister Ghassan Salamé has described Israel’s military campaign in southern Lebanon as an “invasion”, saying entire villages have been destroyed and more than one mill...
Malta Employers President Ivan Refalo has called for responsible policymaking and a stronger focus on competitiveness amid rising global uncertainty and labour market pressures. Referrin...
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40% of Core Skills Set to Shift by 2030, Experts Urge Urgent Workforce Adaptation: Around 40% of workers’ core skills are expected to change by 2030, according to discuss...
Update 1045
Parliament Extends Auditor General Terms Amid Row Over Successor Delay: Parliament unanimously approved a constitutional amendment allowing Auditor General Charles Deguara...
The European Parliament has called for stronger relations between the European Union and Canada, emphasising cooperation in security, trade, and multilateral coordination. In a resolutio...
European Commission President Ursula von der Leyen told the European Parliament today that in just ten days of conflict in the Middle East, fossil fuel imports have cost the EU an additi...
Malta Employers President Ivan Refalo has called for responsible policymaking and a stronger focus on competitiveness amid rising global uncertainty and labour market pressures. Referrin...
Traders are increasingly betting that Brent crude could surge to $150 a barrel by the end of April as the ongoing conflict in the Middle East continues to restrict oil flows through the ...
Vivian continues to widen its portfolio with the announcement of new representation agreements with worldwide R&D pharmaceutical companies. “These latest agreements crown a very succ...
Two local analysts have cautioned that any attempt by EU Member States to block or restrict the passporting of crypto-asset service providers (CASPs) authorised under the Markets in...
Malta Employers President Ivan Refalo has called for responsible policymaking and a stronger focus on competitiveness amid rising global uncertainty and labour market pressures. Referrin...
Malta Public Transport will be operating a series of extra trips and direct bus services towa-rds and back from Ta’ Qali on Thursday 26th March 2026 for the highly anticipated Nations Le...
Iran has dismissed U.S. assertions that it is urgently seeking a deal to end nearly four weeks of conflict, insisting that no formal negotiations are taking place. Foreign Minister Abbas...
Iran has reportedly received a 15-point U.S. proposal aimed at securing a ceasefire in the ongoing conflict, according to two Pakistani officials.
The plan is said to include sanction...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
María Corina Machado is a prominent figure in Venezuela’s opposition. She has reported that one of her closest associates, Juan Pablo Guanipa, was abducted. This occurred mere hours afte...
Russia has carried out its largest aerial assault on Ukraine since the start of the war, launching a record 948 drones over a 24-hour period, according to Ukrainian officials.
More th...
Ukraine has deployed military units to protect critical and civilian infrastructure against drones in five Middle Eastern countries, Ukraine's security council secretary Rustem Umerov ...
