News
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IT equities continue to gain
The three IT equities listed on the Malta Stock Exchange official list again experienced a positive week. The outperformer was RS2 Software plc with a further 2.7 per cent rise during this morning’s session closing at a new all-time high of €1.16...
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The French perform a U-turn
Last week, French President François Hollande made what was practically a U-turn in French politics. He proposed that the EU adopts common economic governance (presumably meaning harmonised taxation, a single budget, a banking union, common economic...
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Shares fall in volatile session, dollar drops
Stock markets around the world fell yesterday, extending the previous day’s steep decline on concerns over the pace of global economic growth and when the US Federal Reserve’s stimulus program would end. US stocks partially recovered from steep...
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Nissan to recall 841,000 cars over steering glitch
Nissan Motor Co. Ltd will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch, Japan’s No.2 automaker said yesterday. Nissan is recalling certain models of the...
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Ford to close Australia auto plants
Ford Motor Co. yesterday said it is closing its two Australian auto plants and will cease production in the country in October 2016. Ford Australia chief executive Bob Graziano said the company will close its engine plant in Geelong and its assembly...
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Daily currency report
The US Federal Reserve sent financial markets spiralling after offering the clearest hint yet that it may slow its monetary stimulus operations in the coming months. The US dollar hit another trade-weighted record high after Chairman Ben Bernanke...
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RS2 equity gains for third time this week
The share price of RS2 Software plc extended its recent positive trend with the third increase during the last four sessions of this week. The IT equity gained a further 1.4 per cent to yet another all-time high of €1.13 across two trades totalling...
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European Commission proposes upgrade for 319 key seaports
The European Commission yesterday launched a new initiative to improve port operations and onward transport connections at 319 key seaports along Europe’s coastline. The Commission said that the guidelines and legal changes being proposed will help...
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Businesses with effective indirect tax management remain a minority – KPMG
Businesses are not still prepared to deal with the people, process and technology needs that are essential to indirect taxes, according to the third annual edition of KPMG’s Benchmark Survey on VAT/GST (goods and services tax). The survey shows that...
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BoV raises profile of its strategic arm
Bank of Valletta yesterday announced that its strategic management is being given a more coherent structure with the setting up of a dedicated unit to be headed by one of its senior staff members, chief officer Joseph Camilleri. The Strategy and...
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New consumer portal for Nestlé Malta
Nestlé Malta, the local branch of the world’s leading nutrition, health and wellness products has launched an advanced portal to showcase its vast portfolio of international brands. The portal also gives easy access to customers to interact with the...
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MIM launches new book on income tax law
The Malta Institute of Management yesterday launched Principles of Maltese Income Tax Law written by Robert Attard. The book provides an up-to-date discussion of Maltese income tax legislation along with the leading decisions of the courts including...
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Lead offers training programmes for human resources recruiters
Lead Training Services in collaboration with the South Africa-based Omnicor company will offer various training programmes in the coming weeks, the first of which is targeted at experienced HR recruiters. Precision Selection Interview Skills is an...
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The Farsons Foundation supports quality in photojournalism
For the 12th successive year The Farsons Foundation is sponsoring the Malta Journalism Awards’ Press Photography category. “The Foundation notes the constant progress of Maltese press photography as, year on year, press photographers endeavour to...
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McDonald’s Malta unveils its biggest restaurant
McDonald’s Malta recently unveiled its new two-storey flagship restaurant also incorporating a McCafe’ at the Tigne’ Seafront, Sliema. A seating capacity of over 260 including outdoor seating and a large terrace enjoying a breathtaking view of...
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University Research Trust publishes first Annual Report
The University of Malta is intensifying its efforts to raise funds for a sustainable research activity. This is highlighted in the first Annual Report of the Research, Innovation and Development Trust (RIDT) that can be viewed online at...
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Melita supports Malta eBusiness seminar
Melita recently supported the Malta eBusiness seminar organised by CSB Group in collaboration with the Malta Institute of Management. The aim of the seminar, entitled ‘Ecommerce – The way forward, Opportunities and Implications’, was to explore the...
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RS2 Software continues to trade higher
The share price of RS2 Software plc continued to advance with an increase of a further 1.4 per cent closing today’s session at a new record level of €1.11,5 on heightened activity amounting to 77,200 shares. The equity of RS2 rallied by over 60 per...
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Vodafone keeps Verizon payout to make up for European slump
Vodafone will reinvest a $3.2 billion dividend from its healthy US arm to counter weakness in southern Europe that contributed to the largest ever quarterly fall in the group’s main revenue measure. The British firm is trying to decide whether to...
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Yahoo’s rise in Asia offsets risk from Tumblr bet
Yahoo Inc chief executive Marissa Mayer’s $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging web portal. Luckily for her, her performance may be graded generously. Mayer faces plenty of challenges...
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