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Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan (€12.7 billion) over fiveyears to build out a global logistics network, underscoring aggressive expansion plans overseas. Alibaba will invest 5.3 billion yuan to boost its stake in Cainiao Smart Logistics Network to ...

The bus operator general manager has set out a challenge to all drivers in Malta: ditch the use of your car just once a week and see the “huge” impact on traffic. If everyone had to try to leave their car at home and "plan" their journey ahead by catching a ...

Company governance, corporate misbehaviour, directors’ duties and the civil law consequences of winding up are among the main topics of the forthcoming Annual Company Law Conference 2017, scheduled for October 25. The conference is being organised by the Malta Law Academy, within the Chamber of Advocates, in collaboration with the Department ...

Western Digital Corp. said yesterday it will seek an injunction to block the sale of Toshiba Corp.’s prized semiconductor business to a rival group, upping the ante in an acrimonious battle with its chip venture partner. The latest legal action by the US firm, which jointly invests in Toshiba’s main chip ...

Transparency and full disclosure with regard to ownership of football clubs across Europe and with regard to 'investments' made in same clubs is of crucial importance. MEP Francis Zammit Dimech made these remarks during a public hearing organised by the Committee of inquiry into money laundering, tax avoidance and tax ...

The Malta Stock Exchange (MSE) has received regulatory approval to launch the new Institutional Financial Securities Market (IFSM), which will be first fully Maltese Institutional Securities market, MSE said in a statement.  This new market will be open to issuers seeking to issue securities that fall under the Wholesale Securities ...

It is no mean feat for Angela Merkel to make her fourth electoral victory in Germany’s election.The scientist from East Germany, a former member of the Communist Party, now stands to have been in power in her country for more than Helmut Kohl who is rightly considered as the colossus ...

The anticipated release of thousands of never-before-seen government documents related to President John F. Kennedy's assassination has scholars and armchair detectives buzzing. Now, they're waiting to see whether President Donald Trump will block the release of files that could shed light on a tragedy that has stirred conspiracy theories for ...

Women will be allowed to drive for the first time next summer in Saudi Arabia, the ultra-conservative kingdom announced Tuesday, marking a significant expansion of women's rights in the only the country that barred them from getting behind the wheel.While women in other Muslim countries drove freely, the kingdom's blanket ...

Prime Minister Joseph Muscat and PN Leader Adrian Delia have officially met as leaders of their respective parties for the first time, where they discussed a number of topics including Air Malta and free votes on ethical issues.The Prime Minister had invited Delia to meet at the Labour Party Headquarters ...