Lufthansa and Air France-KLM tighten budget amid first-quarter losses prompted by disruptions and strikes
Despite the slow start, airlines are expecting a busy summer ahead
EU folds and abandons plan to ban flagged ships from carrying Russian oil – reports
Malta was one of three countries to oppose the sanction
PN meeting with maritime stakeholders to gauge impact of EU proposal to ban transport of Russian oil
Government is seeking a compromise on a proposed ban on transporting oil for ships registered to member states’ maritime registries
Apple draws a curtain on iconic iPod after 21 years
The revolutionary device spawned countless imitations, but has now largely been replaced by mobile phones
Tech stocks plummet as consumers ditch ecommerce for the real world
Over the last two years, almost one in every five dollars was spent online, but this trend is now reversing
EasyJet battles staff shortages by literally removing seats
The number of required cabin crew is based on number of physical seats rather than passengers on board
What does deglobalisation mean for Malta?
The war in Ukraine has only accelerated a general shift away from globalised economies and populations
Dubai rolls out red carpet for Russian companies and individuals fleeing sanctions
Property purchases by Russians in the Middle Eastern emirate surged by 67% in the first quarter of the year
Barclays Bank to pay £181 million compensation to customers who invested in Malta timeshare
Customers are said to have faced aggressive and underhanded sales tactics when purchasing the timeshares
BOV reaches deal to pay €182 million in ‘full and final’ settlement of Deiulemar bankruptcy case
It was initially ordered to pay around €370 million
Italian consumer watchdog slaps Ryanair with €4.2 million fine for not refunding cancelled flights
EasyJet and Volotea have also been fined by the organisation
British Virgin Islands’ leader arrested in US on cocaine trafficking charge
Andrew Fahie was arrested in Miami last week
Amazon records first quarterly loss since 2015
It comes as COVID-related consumer trends begin to fade
UPDATE: Spokesperson for football super-agent Mino Raiola says he is not dead, but ‘in a bad way’
The Italian represented the likes of Paul Pogba, Erling Haaland and Zlatan Ibrahimovic
Russia to halt gas shipments to Poland and Bulgaria in a warning-shot to rest of Europe
Attacks in neighbouring Moldova are stoking fears that Russia is moving to expand the war in Europe
HSBC Global profit after tax plummets by $1.1 billion in Q1 2022 compared to 2021
This came amidst inflation, credit losses, and the Ukraine crisis