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The involvement of Maltese politicians in the Panama Papers scandal will castdoubts on Malta’s ability to push through EU anti-money laundering and tax reforms when it holds the European Presidency, the Green parties at the European Parliament believe.A report commissioned by the Greens EFA group in the European Parliament, titled ...

With operators in the tourism sector already experiencing difficulties employing the right people to do the job, finding good employees who are able to speak a third language is only making things more challenging. This was a concern expressed by the Malta Hotels and Restaurants Associations (MHRA) when The Malta ...

The World Bank is forecasting the global economy will accelerate slightly in 2017 after turning in the worst performance last year since the 2008 financial crisis.The 189-nation lending agency said Tuesday that the global growth should expand at a 2.7 percent annual rate this year. That is down from the ...

President Barack Obama bid farewell to the nation Tuesday in an emotional speech that sought to comfort a country on edge over rapid economic changes, persistent security threats and the election of Donald Trump.Forceful at times and tearful at others, Obama's valedictory speech in his hometown of Chicago was a ...

Bankruptcies in the nation’s nursing care industry in 2016 hit a record high for the second consecutive year amid a cut in government-set service payments and increasing competition. The post Nursing care business failures hit record high in 2016 appeared first on The Japan Times.

Toshiba Corp. anticipates that total losses at its nuclear business in the United States could be larger than earlier stated due to a write-down at its subsidiary Westinghouse Electric Co., a source familiar with the matter said Wednesday. The development may further taint the financial standing of the company that ...

The dollar was stuck in a narrow range around ¥116 in Tokyo trading late Wednesday, with a wait-and-see mood growing before the first news conference later in the day by U.S. President-elect Donald Trump since winning the presidency in November. At 5 p.m., the dollar stood at ¥116.06-06, up from ...

Stocks turned moderately higher on the Tokyo Stock Exchange Wednesday, underpinned by purchases on dips, with the benchmark Nikkei average snapping its three-session losing streak. The 225-issue Nikkei average rose 63.23 points, or 0.33 percent, to end at 19,364.67. On Tuesday, the key market gauge shed 152.89 points. The Topix ...

Japan’s key index of indicators designed to show the current state of the economy rose in November to its highest level in two years and eight months, with industrial output and consumption improving, the government said Wednesday. The index of coincident indicators, such as industrial output, retail sales and new ...

U.S. power generator NRG Energy Inc. and Japanese energy producer JX Nippon Oil & Gas Exploration Corp. have finished the world’s largest system to capture carbon dioxide produced from burning coal at a power plant. The $1 billion Petra Nova project, which collects carbon emissions from an existing coal-fired power ...