• Brexit gets nasty as EU accuses Britain of unrealistic aims

    In public, Britain and the European Union say they want an amicable divorce. Behind the scenes, things are getting nasty.Prime Minister Theresa May acknowledged Tuesday that Brexit "will not be easy," after EU officials accused the U.K. of failing to grasp the complexity of the task ahead.In a comment aimed ...

  • Brussels set for power grab on London euro clearing

    Plans seek EU policing or operators’ relocation for €850bn-a-day business

  • Liberia: Fixing Fixed-Investment Incentives

    [New Dawn] LONDON - Back in February, I noted that the global economy at the end of 2016 was in a stronger cyclical position than most people had expected, given the political upheavals of the previous 12 months. That upward momentum carried through to the first quarter of 2017. According ...

  • The five pillars of Europe's most important Corporate Governance Conference in Malta for first time

    The 20th European Corporate Governance Conference – Special Interview with Edwin Ward, Director at the Institute of Directors Malta. Standard Publications is the Media Partner for the 20th European Corporate Governance Conference being held in Malta at Le Méridien on 4 May. The event is sponsored by EY EAME, EY Malta ...

  • FinanceMalta taking the next quantum leap to sustain the promotion of Malta as a financial centre

    7 May will mark the 10th anniversary of FinanceMalta. In fact, Malta had only been a member of the EU for a few years when the industry felt the need to initiate the process to set up a body that would be tasked to communicate Malta's value proposition as a ...

  • EXCLUSIVE: 'I could not fly home to bury my mum, police took my passport at request of Pilatus Bank'

    I am Russian and my husband is Greek. We were living in his country but decided to come to Malta to live here and work, with our two young children. We arrived in December 2015 and both found work more or less immediately. On 15 January 2016, I began work ...

  • Political risk scares away Japanese investors in French bonds

    Japanese investors, traditionally among France’s most loyal lenders, are not yet convinced that French political risks have faded and are staying away from the country’s bonds. Some even exploited a rally in French government bonds last week to sell down their positions further, one London-based trader said. Investors piled into ...

  • First freight train linking London to China completes 12,000km run in twenty days

    Laden with whisky and baby milk, the first freight train linking China directly to the UK arrived in the eastern Chinese city of Yiwu Saturday after a 12,000-kilometre (7,500-mile) trip, becoming the world’s second-longest rail route. The journey is the latest effort in China’s drive to strengthen trade links with ...

  • US, UK give conditions for peace over North Korea

    The US and UK as well as their allies have given conditions for peaceful resolution of the ongoing conflict over North Korea’s nuclear threats. The two countries gave the conditions at a high-level meeting on North Korea, attended by Ministers of Foreign Affairs of the 15-Member UN Security Council on ...

  • EU leaders stand united on Brexit demands - for now

    European Union leaders will endorse a stiff set of divorce terms for Britain at a summit today, rejoicing in a rare show of unity in adversity, but well aware that may start to fray once negotiations begin. Meeting for the first time since British Prime Minister Theresa May formally triggered a ...

  • London banks set to decide within weeks on Brexit moves

    As Britain prepares to negotiate its EU departure, a number of banks are likely to decide within two months where to set up new continental bases to make sure they can keep serving clients in the bloc after Brexit. The European Central Bank said it will host a meeting of banks ...

  • Updated: EU leaders say they stand united ahead of Brexit talks

    European Union leaders vowed on Saturday to stand shoulder to shoulder behind their negotiating team during the divorce proceedings with Britain and warned that any demands from Prime Minister Theresa May will be dealt with "firmly."The 27 EU leaders in Brussels finalized the cornerstones of their negotiating stance without much ...

  • First direct London-China train completes 12,000-km run

    The first freight train to link China directly to the U.K. arrived in the eastern Chinese city of Yiwu Saturday after covering over 12,000 kilometers (7,500 miles), making it the second-longest route in the world. The journey is the latest effort in China’s drive to strengthen trade links with western ...

  • European corporate governance experts to convene in Malta

    Some of Europe's finest corporate governance experts will convene in Malta on May 4 for one of Europe's most important corporate governance events of 2017.  A year in the making and organised by the Malta branch of the Institute of Directors, the 20th European Corporate Governance Conference, the conference will be ...

  • MSE Share Index slumps to five-month low

    The MSE Share Index shed 0.37% today as it slumped to a fresh 5-month low of 4,676.260 points mainly due to the declines in HSBC, IHI, GO, RS2 and Lombard. A further two equities trended lower today whilst Tigne Mall edged higher. Meanwhile, another four equities, including BOV, ended today’s ...

  • Updated: UK tax agency arrests 'several men' in football fraud case

    British authorities arrested several men working in professional soccer on suspicion of tax fraud on Wednesday in a far-reaching case that saw raids in England and France.Her Majesty's Revenue and Customs did not say which clubs or individuals may be involved but the tax agency told legislators in December that ...

  • EU to say united Ireland would be automatic full member

    European Union leaders at a Brexit summit tomorrow will give a formal undertaking to embrace the British province of Northern Ireland in the EU if a referendum unites the island, diplomats said on Friday. Irish Prime Minister Enda Kenny has asked fellow members of the bloc to acknowledge that Northern Ireland ...

  • [UPDATED] Brexit: UK must settle ‘people, money and Ireland’ first – EU

    EU President Donald Tusk said Friday that Britain must first settle the divorce issues of “people, money and Ireland” before any talks on a post-Brexit trade deal. In a letter to the other 27 European Union leaders ahead of a key summit on Saturday, Tusk said that “before discussing our ...

  • Newcastle, West Ham offices raided by tax officials - UK media

    Updated 10.50am UK tax officials this morning raided Newcastle and West Ham football clubs as part of an HM Revenue & Customs investigation into their transfer activity, UK media has reported.  Newcastle's managing director, Lee Charnley, is among those arrested following the raid, The Independent has claimed.  The raid comes just one day ...

  • Failing Gaza: undrinkable water, no access to toilets and little hope

    Source: Oxfam Country: occupied Palestinian territoryLess than four percent of fresh water is drinkable and the surrounding sea is polluted by sewage. The international community is failing to do enough to protect the health and dignity of almost 2 million people, says Oxfam.Palestinians in Gaza remember a time when almost everyone ...

  • Exclusive: UK singles out Israel in effort to 'protect' Palestinian minors

    Britain Foreign office is not expending similar funds on guaranteeing the rights of underage detainees in the Palestinian Authority, the Gaza Strip or other countries around the world.