Business
-
Bank of Valletta Posts Record-Breaking Pre-Tax Profit of €302 Million for 2024
Bank of Valletta (BOV) has announced a remarkable financial performance for the year 2024, with a record pre-tax profit of €302 million. This outstanding achievement marks a significant milestone in the bank’s history, demonstrating its…
-
Corinthia Group Expands Luxury Portfolio with Acquisition of Two Boutique Hotels in Beverly Hills
In a strategic move to expand its luxury hospitality portfolio, the Corinthia Group has announced the acquisition of two boutique hotel properties in the affluent neighborhood of Beverly Hills, California. This significant investment marks the…
-
Private Sector Investment: The Key to Unlocking Malta’s Infrastructure Potential
The importance of private sector involvement in financing Malta’s infrastructure needs was underscored at the recent “Build and Share: Sustaining Malta’s Growth” conference. Organized by EY Malta, the Malta Chamber of Commerce, and Times of…
-
Panama Canal Being Agreed To Be Bought By US
The 111-year-old Panama Canal opened on August 15, 1914. The SS Ancon was the first ship to transit through the canal, taking its voyage from the Atlantic Ocean to the Pacific Ocean in a time…
-
GSD Strategic Move Towards New CEO Maria Micallef
Image Source : Business Today The 50-year-old General Soft Drinks Company in Malta has been operating as an independent Coca-Cola bottler as well as the sole licensed bottler for products of The Coca-Cola Company in…
-
Why Young Europeans Are Frustrated: A Political Shift Explained
Understanding the Challenges Facing Europe’s Youth A decade in the past, young Europeans overwhelmingly supported political events advocating for climate motion, social justice, and democratic reform. However, latest European Parliament elections suggest a considerable shift,…
-
Robert Abela Slams BCRS Over Tariff Hike
Prime Minister Says Operator Should Improve Efficiency, Not Tariffs Malta’s Prime Minister Robert Abela has strongly criticized the corporation handling the U. S . A .’s bottle recycling scheme, BCRS, urging it to beautify its…
-
Lovin Malta Sells Majority Share to Blockchain Entrepreneur’s Investment Venture
Qamar Ventures to Acquire seventy % of Lovin Malta Over the Next Year Maltese media outlet Lovin Malta has delivered the sale of a majority stake to Qamar Ventures, an investment mission spearheaded with the…
-
Trump Warns of ‘Wake-Up Call’ as Low-Cost Chinese AI Shakes Up the Sector
The emergence of a groundbreaking AI model from China has despatched shockwaves via Silicon Valley, sparking fears of disruption in the synthetic intelligence (AI) race. Former U.S. President Donald Trump stated this development as a…
-
TikTok Denies Rumors of Sale to Elon Musk’s X Corp
Image Source : Business Today TikTok has vehemently denied a report suggesting that the popular social media platform may be sold to Elon Musk’s X Corp, labeling the claim as “pure fiction”. The report, which…