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A man accused of misappropriating €2,500 entrusted to him for the payment of registration tax on an imported vehicle was cleared of the charges after the criminal complaint was withdrawn by the victim. Francis Caruana, 62, from Qawra, had been charged with fraud and misappropriation, as well as with having violated ...

The finance ministers of Germany and France agreed today to strengthen the eurozone, giving a new impulse to stalled reforms of the currency union and warning that if they fail political extremists will take power. Wolfgang Schaeuble and Bruno Le Maire agreed at their first meeting since the May 7 election ...

Financial services stakeholders should club together to form a task force to tackle the damaging effects of the Malta Files, the Malta Chamber of Commerce, Enterprise and Industry said today.  "Time is of the essence. Every minute is valuable and all stakeholders need to come together immediately to address this very ...

Airbus has appointed an independent panel including two former ministers to examine its anti-corruption practices after Britain and France launched fraud and bribery investigations into the sale of jetliners.  Europe's largest aerospace group said today the three advisers, who include former German finance minister Theo Waigel and former French European affairs ...

Ford Motor Co chief executive Mark Fields is set to leave the carmaker as part of a shake-up that includes other top executive changes as the company's shares hover near a 52-week low, several media reported today.  Forbes and the New York Times reported James Hackett, head of the Ford unit ...

Indonesian police have detained more than 140 men after raiding what authorities described as a gay prostitution ring being run out of an entertainment venue in the north of the capital, Jakarta, a police spokesman said today. Jakarta police spokesman Argo Yuwono said in a statement officials had "detained 141 people ...

Updated 1.20pm Financial regulator chief Joe Bannister had already indicated he intended to step aside by the end of the year, Prime Minister Joseph Muscat said today. Dr Muscat said Prof. Bannister had told him about his intention earlier this year, with a decision taken for him to stay on through the ...

Schools are a key environment where to teach large groups of children of all social classes about healthy eating and thus instil positive dietary behaviours. Charmaine Gauci, superintendent of public health, discusses the food procurement guidelines for schools. Childhood and adolescence are periods of development when establishing healthy diet and lifestyle ...

The Labour Party has pledged three years of no income tax for those companies in Malta that decide to relocate to Gozo and employ people on Malta's sister island, Prime Minister Joseph Muscat announced this evening.Dr Muscat was speaking at an electoral campaign political event under the theme 'L-Aqwa Zmien ...

Prime Minister Joseph Muscat said today that there should be a united front for the country to face what he described as an “unprecedented attack” on the country’s financial services sector and taxation system.He was speaking at a press conference following the publication of what has been described as the ...