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  • Customer experience – the next corporate battleground

    Customer experience – the next corporate battleground

    In the age of the empowered customer, you need your customers more than they need you. Consumers have more options than ever before and access to more products on more channels. Creating loyal brand advocates is no longer a matter of competing on...

  • Eurozone lending slows to standstill despite money printing

    Lending throughout the eurozone failed to grow in April after a promising uptick a month earlier, a slip that tempers hopes for a rapid turnaround in borrowing to boost the economy. European Central Bank data showed yesterday that overall lending...

  • Ten equities push index higher

    The Malta Stock Exchange index appreciated by a further 0.97 per cent, to close at 3,878.776 points. Turnover amounted to €1.03 million and was spread across 17 equities of which 10 gained ground, four declined and three closed unchanged. Mapfre...

  • Stocks and bond yields fall over Greece, US data

    Global equity markets and bond yields fell yesterday, weighed by data that showed the US economy contracted in the first quarter and by conflicting signals from Greece’s debt talks. European shares also fell on data showing private loan growth in...

  • Intel nears $15 billion deal to buy Altera, says New York Post

    Intel nears $15 billion deal to buy Altera, says New York Post

    Intel Corp is close to a deal to buy smaller chip maker Altera Corp for about $15 billion, the New York Post reported. The deal price could be as much as $54 a share, a 15 per cent premium over Altera’s Thursday closing price of $46.97, the New...

  • Tesco scandal puts spotlight on annual company audit checks

    Tesco’s book-keeping scandal has prompted Britain’s accounting policeman to turn a spotlight on annual reports in the retail sector to check for similar irregularities. The Financial Reporting Council (FRC) has already opened a probe into Tesco’s...

  • Daily currency report

    The US currency’s explosion to decade-plus highs against the yen kept it well supported against its other major peers. Renewed expectations for US interest rates to rise this year while Japan is seen keeping its Quantitative Easing pedal floored...

  • Mapfre Middlesea share price back to 2009 levels

    Mapfre Middlesea share price back to 2009 levels

    Mapfre Middlesea gained 7.7 per cent to reach €1.40 on total volume of 14,323 shares today – a level not touched ever since the last quarter of 2009. Half-way during the session, the Mapfre Middlesea issued an announcement which stated that the...

  • Reducing income inequality

    Last week I wrote about the need to search for a new economic model. I also wrote, that in the aftermath of a very severe international economic recession and a crisis in the financial markets, we need to start speaking of a reformed market economy.

  • No developments in Greek debt talks after another day of spin

    No developments in Greek debt talks after another day of spin

    The euro leapt, Greek bond yields fell, global financial markets brightened, but nothing actually changed in another day of conflicting statements on Greece’s long-running debt talks with international creditors. Traders latched on to an upbeat...

  • Stocks fall on Greek concern, yen falls further

    The US dollar hit its highest against the yen since 2002 yesterday, while global stocks cascaded lower after Chinese brokerages tightened margin rules and the IMF head downplayed talk of an imminent deal to keep Greece afloat. Crude futures fell,...

  • Company briefs

    Company briefs

    GO is simplifying its Limitless plans, introducing the SIM-only concept to deliver additional value to customers. Limitless plans start from just €24 a month and include, as a minimum, limitless calls to all Go mobile and fixed lines, 1GB of data,...

  • Trading activity slumps to 11-week low

    Trading activity slowed down for the fourth consecutive session with only €0.12 million worth of equities changing hands during this morning’s session representing an 11-week low and a 64.3 per cent drop from this year’s daily...

  • Volatile 5 years for the Maltese equity market

    Volatile 5 years for the Maltese equity market

    Last Friday the MSE Share Index touched a four-year high of 3,841.516 points (a fresh four-year high was reached again on Monday). This milestone encouraged me to dwell on the developments across the local equity market over the past few years. A...

  • Irish government backs sale of Aer Lingus to IAG

    Irish government backs sale of Aer Lingus to IAG

    The Irish government agreed to sell its 25 per cent stake in Aer Lingus to IAG, paving the way for the owner of British Airways and Iberia to formally launch its €1.36 billion (£960 million) bid for the Irish carrier. International Airlines...

  • Banknote printer De La Rue looks for growth of security solutions

    British banknote printer De La Rue aims to find new opportunities in security solutions while boosting efficiency at its core currency business, it said yesterday after posting a 22 per cent fall in operating profit. The 202-year-old business...

  • EU and Switzerland sign historic transparency agreement

    The EU and Switzerland signed a historic new tax transparency agreement, which will significantly improve the fight against tax evasion. Under the agreement, both sides will automatically exchange information on the financial accounts of each...

  • Spain seeks closer economic integration in EU, expanded ECB mandate – El País

    Spain seeks closer economic integration in EU, expanded ECB mandate – El País

    Spain has written to European institutions asking for an overhaul of the region’s common economic policy to better integrate member states, El País wrote yesterday, quoting an eight-page document written by the Prime Minister’s office. Madrid has...

  • Euro off lows, stocks rise on tentative Greek debt accord

    The euro stabilised in volatile trading and stocks rose yesterday after reports that Greece and its creditors, including the European Union and IMF, had reached an agreement that will provide debt relief to the struggling nation. The agreement...

  • Shipping movements

    The following ships are expected in Malta: The Avonmoor from Tunis to Sousse, the Stjerneborg from Tripoli to Tripoli, the BF Nilou from Sfax to Bizerte (all Carmelo Caruana Co. Ltd), the Laura Ann from Tunis to Tunis, the Eclipse from Annaba to...