French car hire company Europcar , one of many transport companies to have been hit by the COVID-19 pandemic, said on Monday it was in talks about a financial restructuring.
“The group’s objective is to ensure a sustainable capital structure adapted to its level of revenue, with reduced corporate indebtedness and appropriate liquidity,” Europcar said in a statement.
Previously owned by Volkswagen, Europcar was bought by investment company Eurazeo in 2006 and listed on the stock market in 2015. Eurazeo still has a stake of around 29.9% in Europcar.
Italy’s Health Ministry is preparing a circular letter on hantavirus for regional authorities and healthcare professionals following renewed international concern over the rare but poten...
Oil prices rallied on Monday, a day after President Donald Trump said Iran's response to a U.S. peace proposal was "unacceptable," raising supply fears as the Strait of Hormuz stayed la...
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Inflation Tops Maltese Concerns as Support for EU Remains Strong: People in Malta continue to show strong support for the European Union, despite growing worries over inf...
Updated 1040
Morning Briefing
White Rocks Regeneration to Create Major Public Green Space After Waste Clearance: Environment Minister Miriam Dalli said the regeneration of White Ro...
The European Parliament has thrown its weight behind demands for a bigger long-term EU budget, approving its position for negotiations on the bloc’s next seven-year financial framework f...
Disinformation is no longer spreading only through fringe actors or political agitators, but through a digital system that rewards outrage, sensationalism and engagement above accuracy, ...
Chevron will begin exploring for oil and gas in waters south of Malta, marking a significant step for the Mediterranean island nation, which has no active hydrocarbon production and has ...
Airbnb and Expedia joined a growing list of travel companies warning that the Middle East conflict is weighing on demand, as hostilities in the region enter their third month.
Both c...
“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...
The regeneration project of Birgu’s main square by Studjurban completed last year, gained further international attention with a Special Mention award at the internationally recognised A...
Malta Public Transport has launched a new digital signage system across key transport hubs in Malta and Gozo, providing passengers with real-time travel information. The system has been ...
The United States launched what it described as “self-defense” strikes against Iranian military targets after three US Navy destroyers came under attack in the Strait of Hormuz, sharply ...
French shipping giant CMA CGM reported that its vessel San Antonio was attacked while passing through the Strait of Hormuz, leaving several crew members injured and the ship damaged. The...
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...
Ukraine struck Russia’s oil infrastructure in the Black Sea port city of Tuapse for the third time in a month, local authorities said Tuesday.
The city, which declared an environmenta...
Russian forces have taken 1,700 square km (656 square miles) of territory in Ukraine this year and are advancing on its so-called fortress belt in Donbas, Moscow's top general said whil...
