Advert

News

  • UBI is not studying tie-ups as Monte Paschi rumours swirl

    Italy’s fifth biggest lender UBI is not studying any possible merger with other Italian banks, the lender said yesterday after press reports fuelled speculation it might come to the rescue of troubled Monte dei Paschi di Siena. Results from a...

  • BOV leads positive day for local equities

    BOV leads positive day for local equities

    Following the publication of the European Central Bank’s Asset Quality Review (AQR) in conjunction with an EU-wide stress test which confirmed that the Tier 1 ratios of the two major local banks is above regulatory thresholds, their respective...

  • EU funding beyond 2014

    EU funding beyond 2014

    The EU Commission is currently working closely with member states to design how EU funds will be spent over the period 2014­-2020. These negotiations are taking place in the form of Partnership Agreements which map out the strategic priorities to...

  • Search for excellence in global education

    Search for excellence in global education

    As most Western economies struggle with sluggish economic growth, political leaders search for those factors that will give them competitive advantage so that when ‘normality’ returns their countries will be the first to benefit. Ask any economist...

  • New bank TSB picks up customers as third-quarter profits rise

    New British bank TSB said it was picking up nearly one in 10 of all new current accounts being opened in the UK and its third quarter profits jumped more than a quarter from the previous period. TSB, Britain’s seventh biggest lender after being...

  • ­­­Shipping movements

    The following ships are expected in Malta: The Stjerneborg from Sfax to Tripoli, the Alexander Sibum from Bejaia, the Stadt Hameln from Durres to Taranto, the Connorth from La Goulette, the Coneast from Annaba (all Carmelo Caruana Co. Ltd), the...

  • BOV pares down its executive structure

    BOV pares down its executive structure

    Bank of Valletta has reduced the number of chief officers from 11 to just four in the first major shake-up since John Cassar White took over as chairman last year. The number of chiefs had been expanded in 2008 under former CEO Tonio Depasquale.

  • Extra day to link MiGS and Battle of Malta

    Extra day to link MiGS and Battle of Malta

    The Malta iGaming Seminar (MiGS) and the Battle of Malta poker tournament are collaborating to organise an additional competition day to bridge the two events. The Battle of Malta poker tournament being organised by Poker­Listings ends on November...

  • Video coding breakthrough by Maltese researcher

    Video coding breakthrough by Maltese researcher

    A Maltese researcher has worked out a way to make miniature cameras smaller and more efficient. Jeffrey Micallef, a postgraduate researcher at the Department of Communications and Computer Engineering at the University of Malta, has been trying to...

  • Livingstone to speak at gala dinner

    Livingstone to speak at gala dinner

    Former mayor of London Ken Livingstone (pictured) is the one of the main guest speakers at The Economist’s World in 2015 black-tie gala dinner to be held at the Hilton Malta on November 28. Mr Livingstone was mayor of London from 2000 to 2008.

  • MCA award for start-ups

    The Malta Communications Authority (MCA) and the University of Malta have launched a joint collaboration aimed at stimulating and supporting initiatives that bridge the gap between research, innovation and entrepreneurship in fields related to...

  • MBB promotes crowdfunding

    MBB promotes crowdfunding

    Crowdfunding is ‘buzzing’ all over Europe but in Malta, it is still rather dormant, according to Malta Business Bureau president Mario Spiteri. Speaking during a seminar organised as part of SME Week, he noted that so far, few sought to use...

  • Malta should look at next 10 years of EU membership – economist

    Malta should look at next 10 years of EU membership – economist

    There has been too much focus on the first 10 years of Malta’s EU membership, when the issue should really be the next, according to economist Gordon Cordina. Speaking to The Sunday Times of Malta in an interview, he said he was concerned that the...

  • 25 European banks are set to fail health checks – sources

    25 European banks are set to fail health checks – sources

    A group of 25 banks have failed European health checks, while up to 10 of those continue to have a capital shortfall, two people familiar with the matter said, providing a snapshot of the health of the region’s lenders. The health checks, led by...

  • Frank Salt wins European Property awards

    Frank Salt wins European Property awards

    Frank Salt Real Estate has won the Best Real Estate category for Malta in the European Property Awards. The company was also highly commended as Best Lettings Agency in Malta, a title it had won in 2011. The awards were presented to director...

  • SAP forum to tackle innovation

    SAP and its partners are organising the SAP Forum on November 5 at the Westin Dragonara Hotel, St Julian’s. The title of the forum is ‘Innovation through simplification’ and it will be focusing on the ‘perfect storm’ of breakthrough technology...

  • MSE index reaches an 11-week high

    MSE index reaches an 11-week high

    The Malta Stock Exchange (MSE) index registered its highest weekly gain over the past seven weeks, as it closed 0.85 per cent higher at 3,370.919 points – an 11-week high. This followed gains in shares of HSBC Bank Malta plc, Go plc and Lombard...

  • Eurozone recession fears ease slightly

    The Composite Purchasing Managers’ Index (PMI) for the eurozone increased to 52.2 in October from 52.0 in September, according to data by Markit Economics. This is the 16th consecutive month that the index has been above the 50 level that...

  • Company briefs

    The Institute of Director’s Malta branch (IoD) in conjunction with the Malta Financial Services Authority (MFSA) and the Malta Institute of Management (MIM) are holding a workshop on ‘Why corporate service providers (CSPs) have no choice but to...

  • An actuary’s role in life insurance

    An actuary’s role in life insurance

    Looking after your financial health is no different to looking after your physical health. If you want the best care, you turn to an expert. If you need life-saving surgery, you’re safer in the hands of a specialist surgeon. It’s no different with...