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  • Greece says not backing down on debt relief goal

    Greece says not backing down on debt relief goal

    Greece has not given up on its aim to renegotiate its debt to render it manageable, the country’s deputy finance minister said yesterday as talks between Athens and its lenders on reforms to unlock aid continue. “The government has not abandoned...

  • Confidence in eurozone economy nears four-year high

    Confidence in the eurozone’s economy rose for a fourth straight month in March to its highest since July 2011, a European Commission survey showed yesterday, suggesting the weak euro and lower oil prices are spurring the recovery. The European...

  • Money market report for the week ended March 27

    On Monday, March 23, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The auction was conducted the following day and attracted bids from euro area eligible counterparties of €120.51 billion, €21.89 billion...

  • Dufry gives details of €3.6bn fundraising plan for WDF buy

    Dufry gives details of €3.6bn fundraising plan for WDF buy

    Dufry AG has fleshed out plans for its takeover of Italy’s World Duty Free SpA (WDF) as the Swiss company seeks to consolidate its position as the biggest player in the fast-growing airport retail sector. Dufry said yesterday it expects to raise...

  • Stocks gain on merger activity as dollar rises

    The dollar rose and global equity markets surged yesterday on merger and acquisition activity among drugmakers on both sides of the Atlantic, while Chinese stocks hit a seven-year high on an ambitious government plan to create a modern Silk...

  • Company social responsibilities

    Company social responsibilities

    Middlesea Insurance staff members were encouraged to spice up their work attire and wear a wig, hat or any head attire in return for a donation to Hospice Malta. This is one of many initiatives taken by Middlesea as part of its commitment to...

  • GO moves higher on last day for dividend

    GO moves higher on last day for dividend

    The share price of GO plc today closed higher on the last trading day with the entitlement to the final net dividend of €0.07 per share. The equity of the quad-play telecoms operator turns ex-dividend as from the next trading session on Wednesday.

  • A new chapter in healthcare reform

    A new chapter in healthcare reform

    The health of a nation is not just about medical excellence. It has also to do with the economic sustainability of the services offered to the citizens, whether it is a ‘free’ health system or one that demands payment from patients. New investment...

  • Top US CEOs reaped billions from stock gains in recent years

    Top US CEOs reaped billions from stock gains in recent years

    CEOs at large US companies collectively realised at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuters analysis. The reason for the...

  • ­­­Shipping movements

    The following ships are expected in Malta: The Pacaya from Mersin to Mersin, the Elbdeich from Annaba to Annaba, the Violet from Tanger Med to Gebze, the Saint Roch from Misurata, the Stjerneborg from Tripoli, the CMA CGM Fidelio from Koper to...

  • Shift to public transport would save €132.5m

    Shift to public transport would save €132.5m

    Persuading people to use their cars less – mostly by shifting to public transport – would save the country €132.5 million a year by 2030, according to a study conducted for the European Commission office in Malta. The University of Malta study,...

  • Melita urges sharing of football TV rights

    The fragmentation of sports content between Melita and Go was creating an unnecessary burden on consumers in Malta, Mireille Muscat, head of marketing at Melita, said. She was commenting after Melita confirmed that they had secured the rights for...

  • Dramatic expansion for Ta’ Xbiex firm

    Dramatic expansion for Ta’ Xbiex firm

    You probably have not heard of Yaniv Natan and there is very little about the company he chairs, Tek Experts, on its website. This is perhaps all the more strange because his success story is the type that should be held up as an inspiration to...

  • Middlesea opens Birkirkara office

    Middlesea Insurance and MSV Life have opened a joint regional office and motor claims surveying centre in Wignacourt Street, Birkirkara. Alfredo Munoz Perez, president and CEO of Middlesea Insurance, noted during the opening that although it was...

  • 47% of Frank Salt sales to foreigners

    In 2014, 47 per cent of the sales concluded by Frank Salt Real Estate were to foreign buyers. Last year was the best year ever for Frank Salt real estate, with sales revenue up by 48 per cent. Sales turnover saw an increase of 38 per cent, spread...

  • Express Trailers opens Birmingham hub

    Express Trailers has extended its network of European hubs with a new hub in Birmingham to where it will soon start operating a weekly road freight service. This new development was made possible thanks to a partnership agreement with Sheldon...

  • The new surrealism

    The new surrealism

    The world economy is looking increasingly surreal, so much so that policymakers are really struggling to deliver the economic outcomes they’d ideally like to see. The usual rules of the game no longer seem to apply. Long before oil prices tumbled...

  • MSE index halts three-week winning streak

    MSE index halts three-week winning streak

    The Malta Stock Exchange (MSE) index last week failed to sustain a 13-month high of 3,790.548 points reached on Monday, primarily as a result of losses in shares of Bank of Valletta plc (BOV), International Hotel Investments plc (IHI), Go plc, and...

  • UK inflation at zero for the first time on record

    UK inflation in February fell to zero for the first time on record, mainly due to a sharp fall in the prices of fuel and food. According to the Office for National Statistics, consumer prices were unchanged in February compared to the same month...

  • Company briefs

    Company briefs

    Scheduit is a brand new web-based app that helps you set up meetings with compatible business matches. It is the only business networking app on the market that uses an algorithim to measure compatibility between users. “It’s simple: announce your...

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