GWU and MEA accept reduced tariffs instead of increased wages
GWU and MEA agree with Opposition leader’s claims that increasing the minimum wage would not solve problems related to cost of living.
Mediterranean Oil & Gas to spud Malta oil well in December 2013
Mediterranean oil exploration firm says €8 million seismic data on Malta prospects is largest and most exciting yet.
Malta fends off German request for slower release of EU funds

Malta joins 11 member states in petition against German, Scandinavian requests...

Malta joins 11 member states in petition against German,...

Lombard Bank major shareholder in refinancing talks due to Greek exposure

Cyprus’s Marfin Popular Bank, which owns 48.9% of Lombard Bank, in talks for €1.5 billion in capital buffer.

Cyprus’s Marfin Popular Bank, which owns 48.9% of Lombard...

Money market report

Money Market Report for the week ending May 11, 2012

Money Market Report for the week ending May 11, 2012

New HTC One X now in Vodafone stores

The HTC One X, a new smartphone which takes power and performance to a new level and offers an amazing camera and authentic sound is now available at all...

The HTC One X, a new smartphone which takes power and...

Spain unveils major financial reforms

The Spanish government is to force its banks to take on an extra 30 billion euros of capital to cushion themselves against loans going bad.

The Spanish government is to force its banks to take on an...

Air Malta launches international campaign for Selmun Hotel divestiture

Airline spearheads sale of Selmun Palace with local and international advertising campaign.

Airline spearheads sale of Selmun Palace with local and...

JPMorgan reveals shock $2bn trading loss

JPMorgan Chase, the biggest US bank, reveals surprise trading loss of $2bn on complex investments made by its traders.

JPMorgan Chase, the biggest US bank, reveals surprise...

Reorganisation to lead to leaner Corinthia Hotels International

International Hotel Investments says management arm registers marked...

International Hotel Investments says management arm...

Malta Business Bureau announces new president

Grant Thornton advisory head George Vella is new president of Malta Business...

Grant Thornton advisory head George Vella is new president...

Buoyant economic forecast for Fenech, who accuses PL of endangering economy

Finance Minister says European economy forecasts positive for Malta, but accuses Opposition of painting negative picture.

Finance Minister says European economy forecasts positive...

Dutch aviation refitters bring €22 million operation to Malta

Dutch company Aviation Cosmetics bringing €22 million operation to Malta from...

Dutch company Aviation Cosmetics bringing €22 million...

MIA’s SkyParks with 70% confirmed occupancy

‘Malta Airport’s diversification strategy paying off’ – CEO Klaushofer

‘Malta Airport’s diversification strategy paying off’...

EU’s price cap on mobile roaming to save consumers hundreds of euros

New price caps for mobile data roaming expected to save families over €200 each year and business travellers over €1,000.

New price caps for mobile data roaming expected to save...

An appetite for risk | Martin Galea

Middlesea Insurance plc Chairman Martin Galea stepped into his role earlier this month replacing Joseph F.X. Zahra. The change was announced during the...

Middlesea Insurance plc Chairman Martin Galea stepped into...

Rachel Vella awarded the Economic Update’s Top Entrepreneur Award (15 to 20 years in business)
Banif Staff Rally together for Puttinu

Banif staff members willingly gave up some of their free time for a worthy cause – the Puttinu Cares Football & Volleyball Marathon.

Banif staff members willingly gave up some of their free...

Qawra land transfer sweetens GO shareholders’ bitter pill

Greek fiasco leaves GO shareholders without dividend, but new €50 million...

Greek fiasco leaves GO shareholders without dividend, but...

Air Malta, consultants say CEO never held beneficial interest in Catalise

Catalise consultants running Air Malta say it was Peter Davies who introduced them to the board, “following rigorous assessment of credentials”.

Catalise consultants running Air Malta say it was Peter...