Announcing its mid-yearly financial results yesterday, Farsons Group said it will lay off 60 employees within a year after its profit registered a drop by more than half over the same period in 2007. >>
In an extensive interview with Business Today, the first one since the Lehman brothers’ bankruptcy was announced some weeks ago, Bank of Valletta (BOV) Chief Executive Officer (CEO) Tonio Depasquale said that the Maltese economy might be hit eventually by the fall-out from the global banking crisis.>>
