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  • GO share price drops to a new 16-month low

    GO share price drops to a new 16-month low

    The MSE Share Index registered its fourth consecutive daily decline today as it slipped by a further 0.11% to a near six-week low of 4,458.671 points. The declines in the share prices of FIMBank, GO and MIA outweighed the gains in the equities of...

  • Credit supply and CSPP to dictate spread movement in Eurozone

    At present we have two relatively strong forces at play within the European credit markets. On one end, we’ve got the Corporate Sector Purchase Programme (CSPP), which is merely a form of Quantitative Easing (QE) by the European Central Bank (ECB)...

  • The age of robo-advice and digital wealth management

    The age of robo-advice and digital wealth management

    Can you imagine C-3PO or R2D2 managing your portfolio of investments or providing you with financial advice? Robo-advisers are no longer considered to be within the realm of science-fiction but are steadily becoming a prospect you may have to come...

  • Money market report for the week ended July 22

    On Thursday, July 21, the Governing Council of the European Central Bank decided that the interest rate on the main refinancing operations (MRO), the marginal lending facility and the deposit facility will remain unchanged at zero per cent, 0.25...

  • Verizon announces a $5bn deal to buy Yahoo

    Verizon announces a $5bn deal to buy Yahoo

    Verizon Communications Inc. yesterday announced an agreement to buy Yahoo Inc. for $4.83 billion. The deal will end months of uncertainty about Yahoo’s future after the company announced plans to review strategic alternatives in...

  • LVMH sells loss-making brand Donna Karan in $650m deal

    LVMH sells loss-making brand Donna Karan in $650m deal

    French luxury group LVMH is selling Donna Karan International, the parent of New York label DKNY, to US clothing firm G-III Apparel Group in a deal valuing the loss-making fashion brand at $650 million. The sale comes just over a year after a new...

  • Stocks dip ahead of Fed meeting, oil drops on glut

    Global equity markets edged lower yesterday as a two per cent drop in crude prices weighed on investor sentiment and traders awaited signals of a potential interest rate increase this year from this week’s meeting of US Federal Reserve...

  • Oil prices dip on oversupply and economic headwinds

    Oil prices dip on oversupply and economic headwinds

    Oil prices held near two-month lows yesterday amid worries that a global crude and refined product glut would weigh on markets for some time to come. International Brent crude oil futures were trading at $45.51 per barrel at 0623 GMT, down 18...

  • HSBC in talks to sell Lebanese business

    HSBC Bank Middle East, a wholly-owned subsidiary of HSBC Holdings, said yesterday it was in discussions to sell its Lebanese business to Lebanon’s Blom Bank. There was no certainty about whether a binding transaction would result from the...

  • MSE Share Index drops to a 5-week low

    MSE Share Index drops to a 5-week low

    The MSE Share Index slipped by a further 0.05% to a five-week low of 4,463.750 points. Trading was limited to just seven equities, with three of them (BOV, RS2 and FIMBank) registering drops, two shares closing higher (HSBC and MPC) whilst another...

  • Important company results due

    Tomorrow is an important day in the overseas earnings season as many important companies report results. Below are some of these companies: McDonald’s Corp (MCD US EQUITY - Q216 results out) McDonald's Corporation franchises and operates fast-food...

  • Globalisation stalling

    Globalisation stalling

    Globalisation has rescued millions of people from utter poverty especially in third world countries. It also gave people in western economies a chance to buy high quality goods and services at a fraction of the price that they had to pay before...

  • Lush seeks salvation in Europe after Brexit vote

    Lush seeks salvation in Europe after Brexit vote

    Uncertainty caused by Britain’s vote to leave the EU is making Lush, an English-based retailer of handmade cosmetics, look to continental Europe to protect its production, sales and multinational workforce. Based on the south coast – an area that...

  • ­­­Shipping movements

    These ships are expected in Malta: The Pacoba from Varna to Hydarpasa, the Elbella from Antalya to Damietta, the AS Fatima from Skikda to Bejaia, the CMA CGM Hydra from Fos-sur-Mer to Damietta, the Stjerneborg from Tripoli to Tripoli, the HH East...

  • Global economic outlook is dented by Brexit – poll

    Global economic outlook is dented by Brexit – poll

    Confidence in prospects for the global eco­nomy has been dented following Britain’s vote to leave the European Union, with a growing view that monetary policy is a fading force and many governments now need to borrow and spend, Reuters polls...

  • Emirates recognised for network strategy at the Airline Strategy Awards

    Emirates recognised for network strategy at the Airline Strategy Awards

    Emirates Airline has been awarded the inaugural Network Strategy award at The Airline Strategy Awards run by the established air transport industry news and analysis provider Flight Airline Business. In its 15th year, The Airline Strategy Awards...

  • Mazars workshop views business planning from a strategic perspective

    Mazars Malta, a member firm of international audit and advisory group Mazars, recently organised the second of its 2016 series of information sessions branded ‘Made Simple, by Mazars’. The objective of these sessions is to make it possible and...

  • Insurance group makes acquisition

    European run-off insurance specialist Darag has agreed to acquire Ergo Assicurazioni S.p.A from Ergo Italia S.p.A, the Italian insurance consolidator. This acquisition is subject to the authorisation of the Italian insurance Regulator, Ivass, and...

  • After Brexit vote, insurer Beazley seeks EU licences in Dublin

    Lloyd’s of London’s Beazley plc is working to get European insurance licences for its Irish reinsurance business to allow it to operate throughout the European Union, even if Lloyd’s loses access to the bloc. Insurers are making contingency plans...

  • G20 Finance Ministers meeting

    G20 Finance Ministers meeting

    A hostess prepares for the G20 Finance Ministers and Central Bank Governors Meeting being held over the weekend in Chengdu in Southwestern China’s Sichuan province.

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