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  • High volatility drags share index to four-week low

    Trading on the Borza resumed today with the MSE Share Index dropping by 0.65% to 4,435.326 points. Activity was spread across most listed equities in a rather volatile session as the prices of a number of shares changed by a wide margin. In total,...

  • Day trading tips

    Day trading tips

    One of the side effects from the recent volatility in the price of oil has been the increase in day trading. The availability and ease with which trading accounts can be opened is furthermore contributing to its increasing popularity. Day trading...

  • Malta Stock Exchange to assist small businesses

    Malta Stock Exchange to assist small businesses

    The Malta Stock Exchange (MSE) will soon be rolling out Prospects, a new capital markets platform geared towards offering a cost-effective admissions solution to small and medium size enterprises (SMEs) looking to raise between €3-5 million in...

  • In boost to self-driving cars, Google computers can now qualify as drivers

    In boost to self-driving cars, Google computers can now qualify as drivers

    US vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver under federal law, a major step toward ultimately winning approval for autonomous vehicles on the...

  • Myanmar’s second round of bank licences attracts 13 foreign lenders - central bank

    A total of 13 banks, mostly Taiwanese, answered a call from Myanmar’s central bank for expressions of interest in a second round of foreign bank licensing aimed at further liberalising a sector that was previously off-limits to international...

  • Pinewood Group, studio home of James Bond, could be put up for sale

    Pinewood Group, owner of the British studio where James Bond is filmed, said the firm could be sold as it looks to boost shareholder value and help the company grow. Pinewood, which has a market capitalisation of more than £250 million, said...

  • Oil prices fluctuate in choppy exchanges

    Oil prices seesawed in choppy trade yesterday, with US crude slipping and Brent paring gains as worries about a global supply glut offset data showing a surprise drop in US crude stockpiles. Oil prices rallied early, up for the first time in five...

  • Shipping movements

    These ships are expected in Malta: The Karina from Annaba to Algiers, the Wehr Havel from Kingston to Livorno (both CMA CGM Malta Agency Ltd), the AS Castor from Bejaia to Skikda, the Seago Bremerhaven from Antwerp to Piraeus, the Max Loyalty from...

  • MGA could be sued for damages by Uniq Group

    MGA could be sued for damages by Uniq Group

    The Malta Gaming Authority could in theory be sued by the Uniq Group for damages for loss of business if cleared of charges of illegal gambling, association with a Mafia organisation, money laundering and tax evasion. The authority had suspended...

  • Union seeks to sign Banif agreement before sale

    Union seeks to sign Banif agreement before sale

    The Malta Union of Bank Employees has been pushing to get the collective agreement for Banif signed – before the bank’s acquisition goes through. Sources said that the negotiations were concluded some time ago and that all that was pending was the...

  • Mcast registers 1,100 students as apprentices

    Mcast registers 1,100 students as apprentices

    Mcast has over 1,100 students registered as apprentices, a scheme it took over from the Employment and Training Corporation just over a year ago – but it is already planning to extend the scheme to higher vocational levels. Silvio De Bono, the...

  • Emirates U-turn on Cyprus route

    Emirates U-turn on Cyprus route

    Emirates has decided to reinstate a stop in Cyprus, just two weeks after it announced that it would drop it, giving no reason for this change of heart. The Dubai airline originally announced that as from March 1 it was going to fly five times a...

  • ‘Innovative’ MFSA product regulates fund managers

    ‘Innovative’ MFSA product regulates fund managers

    The Malta Financial Services Authority is about to launch a new investment framework which regulates the fund manager, rather than the fund itself. The Maltese framework for Notified Alternative Investment Funds (NAIFs) will be launched more or...

  • Malta has lowest female self-employed level

    Malta has lowest female self-employed level

    Only 19.6 per cent of the self-employed in Malta in 2013 were women, the lowest rate in the European Union, according to a recent report, a far cry from the one-third average for the EU as a whole. The highest rate was in Lithuania (41.6 per...

  • Legislation a ‘game changer’ for the gaming sector

    Legislation a ‘game changer’ for the gaming sector

    Two years ago, Joseph Cuschieri, the executive chairman of the Malta Gaming Authority (LGA as it was then) told Vanessa Macdonald that he was looking at ways to futureproof the gaming sector. New legislation should be in place by summer which will...

  • Converging interests

    Converging interests

    “Nossa!” Melita employees would do well to learn this word – meaning “Wow!” – and a few other words of Portuguese as they may have much more to do in this country than they expected. This is one of the unexpected outcomes of Melita’s recent sale,...

  • Looking past the figures

    It is hard to work up a sweat over the European Commission’s Winter Forecast for the island. Real growth was 5.4 per cent in the third quarter and is forecast to stand at 4.9 per cent for the year as a whole, admittedly not the figures China and...

  • An economist’s viewpoint of the new Rector

    An economist’s viewpoint of the new Rector

    As we await the appointment of a new Rector at the University of Malta, it is worthwhile considering the relevance of this role in facilitating economic growth. The contribution of the university to the economy, through the education of graduates...

  • Fimbank appointments

    Fimbank appointments

    Fimbank has appointed Howard Gaunt as group chief operating officer and Michael Davakis as senior vice president and head of treasury. Mr Gaunt’s banking career spans 31 years in senior national and international assignments with Wells Fargo and...

  • New director at HSBC contact centre

    The HSBC UK Contact Centre Malta (HBEU) has welcomed Robert Vaughan as its new contact centre head, as it prepares to celebrate 10 years of successful operation in Malta. Mr Vaughan began his career at HSBC UK Contact Centre Swansea in 2004 as a...