The French government is prepared to provide “massive support” to Air France KLM to help the French-Dutch air carrier make it through the downturn, France’s finance minister Bruno Le Maire has told the France 2 television station.
Air France is losing billions of euros per month. Air France is not going to need a boost, but rather massive support from the state the French Minister said.
Adding that Air France will get this support from the state, we want to save at all costs this French industrial champion.
Le Maire added that other big companies, such as the aeronautical engineer Airbus, need help too.
Read more via Bloomberg
The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to a record high to meet demand from Asian and European buyer...
Russia's defence ministry warned on Wednesday that European plans to step up drone supplies to Ukraine are dragging those countries deeper into a war with Russia.
The ministry said ...
Morning Briefing
Abela Dismisses Election Uncertainty Claims
Prime Minister Robert Abela has dismissed claims that uncertainty over the timing of the next general election is affec...
Updated 1150am
Malta’s Imports from China Hit Record High as Trade Ties Deepen: Malta has significantly increased its reliance on China, doubling imports over the past decade to a rec...
The European Parliament is moving closer to finalising its position on the EU’s next long-term budget, setting the stage for a key institutional milestone in shaping the 2028–2034 Multia...
EU lawmakers have approved new rules aimed at strengthening how failing banks are managed, extending protections to a wider range of institutions and depositors across the bloc.
The p...
The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to a record high to meet demand from Asian and European buyer...
In line with its mission to drive a truly digital Malta, GO plc is making giga-speed internet the entry point for all business customers, with six months completely free for new Business...
“A company’s workplace culture praised by management, needs to be taken with caution. But when the recognition comes directly from employees, that carries greater weight,” says JONATHAN ...
EU lawmakers have approved new rules aimed at strengthening how failing banks are managed, extending protections to a wider range of institutions and depositors across the bloc.
The p...
In line with its mission to drive a truly digital Malta, GO plc is making giga-speed internet the entry point for all business customers, with six months completely free for new Business...
“A company’s workplace culture praised by management, needs to be taken with caution. But when the recognition comes directly from employees, that carries greater weight,” says JONATHAN ...
Rights groups, including Amnesty International, say Iran carries out more executions per capita than any other country, and more in total than any nation except China, where reliable fig...
The United States has begun a naval blockade targeting Iranian ports, marking a sharp escalation in tensions following failed weekend peace talks in Pakistan. The move, ordered by Presid...
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's defence ministry warned on Wednesday that European plans to step up drone supplies to Ukraine are dragging those countries deeper into a war with Russia.
The ministry said ...
Ukraine and Russia are moving towards a potential deal to end the war, Bloomberg News reported, citing the top aide to Ukrainian President Volodymyr Zelenskiy.
Kyrylo Budanov, a form...
