LONDON, Dec 22 (Reuters) – The Swiss franc hit its strongest against the dollar in nearly nine years on Friday, with the haven currency supported in recent weeks by expectations the Federal Reserve will be more aggressive with rate cuts than the Swiss National Bank.
The dollar dropped to 0.8553 francs, passing below the low from July this year, taking it to its weakest since January 2015, when the Swiss National Bank sparked significant volatility by discontinuing its policy of having a minimum exchange rate against the euro.
European Parliament committees have backed plans to establish a new EU programme aimed at accelerating defence innovation in response to the changing security environment created by Russ...
European Parliament President Roberta Metsola and the leaders of the Parliament's political groups met in Dublin this week to discuss priorities ahead of Ireland assuming the rotating pr...
Morning Briefing
Court Clears Way for €78 Million Evans Building Redevelopment
A Court of Appeal ruling has reinstated Valletta Luxury Projects' concession to redevelop the histori...
Morning Briefing
PM says economic success must not be taken for grantedPrime Minister Robert Abela has warned that Malta’s economic success cannot be taken for granted, stressing that...
The European Commission has unveiled an ambitious package of tax reforms aimed at simplifying tax rules across the European Union, reducing compliance burdens for businesses and strength...
The European Union's new Migration and Asylum Pact enters into force on 12 June, ushering in the most significant reform of the bloc's migration framework in years and placing renewed em...
Apple has increased the prices of selected MacBooks and iPads worldwide, citing a sharp rise in the cost of memory and storage chips driven by growing demand from artificial intelligence...
Samsung Group plans to invest around 1,000 trillion won ($648 billion) in South Korea over the next decade, according to a media report, in a major push to convert surging AI-driven semi...
The European Parliament has approved a major new initiative aimed at reducing workplace accidents and strengthening worker protection across the European Union, as concerns continue to g...
The European Union has approved new rules aimed at tightening the screening of foreign investments in strategic sectors, marking a major shift in Europe’s approach towards economic secur...
Reference is made to the road traffic incident involving one of our buses on 18 June 2026 in Mosta, during which our bus driver sustained serious injuries. We would like to express our s...
GO ENERGI is offering households the opportunity to take advantage of the Government’s current grants to support PV systems and battery storage through a range of solar energy solutions ...
The U.S. and Iran released the text of an interim agreement their presidents have signed to end their war on Wednesday, with U.S. President Donald Trump threatening to resume attacks and...
U.S. and Iranian officials said they had reached an agreement to end their war and reopen the Strait of Hormuz, a preliminary pact that sent oil prices falling but leaves the fate of Te...
At least 32 people have been killed and more than 700 injured after two powerful earthquakes — measuring 7.2 and 7.5 — struck central Venezuela seconds apart, causing widespread destruct...
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...
Ukraine will carry out preemptive attacks on facilities Russia is using for its war, President Volodymyr Zelenskiy said in his evening address on Wednesday, as Kyiv expands strikes on ...
President Volodymyr Zelenskiy said that Ukraine had submitted a revised application to join the Organisation for Economic Co-operation and Development (OECD), a club of mostly advanced...
