Advert

News

  • Employment and privacy law in iGaming

    CSB Advocates is organising a seminar focusing on the practical aspects of employment and privacy law within the iGaming industry and how the law affects companies and employees. Key highlights and pivotal points such as taxation and the social...

  • Malta Maritime Forum launch

    Malta Maritime Forum launch

    The Malta Maritime Forum was launched during a briefing session the Malta Shortsea Promotion Centre (MSPC) had with Transport Minister Joe Mizzi and Tranport Malta chairman and CEO James Piscopo. The MSPC comprises 24 local entities, including...

  • Financial services firm appoints new managing director

    Calamatta Cuschieri has appointed Michael Galea as managing director of its investment management and fund services divisions. The move is in line with developments in the company aimed at continuing to grow its presence locally and...

  • One in 65 adults in Britain is now a millionaire – study

    One in 65 adults in Britain is now a millionaire – study

    Millionaires are on the increase in Britain, according to a study which found that one in 65 adults is now worth over seven figures, 41 per cent more than five years ago. A rebound in house prices and stock markets following the 2007 global...

  • MSPC set to head European Shortsea Network in 2016

    A briefing session was held at the Ministry for Transport and Infrastructure, where the executive board of the Malta Shortsea Promotion Centre (MSPC) met Transport Minister Joe Mizzi and James Piscopo, chairman and CEO of Transport Malta. MSPC...

  • Science students attend London International Youth Science Forum

    Science students attend London International Youth Science Forum

    The London International Youth Science Forum (LIYSF) 2015 was attended by two young science students from St Aloysius College sixth form – Edward Thake and Seren Cakar, who were among 487 other students from 64 countries. They had placed first in...

  • ‘Bad bank’ path worn by Ireland and Spain looks steep for Greece

    ‘Bad bank’ path worn by Ireland and Spain looks steep for Greece

    Greece is under growing pressure to take care of banks’ problem loans so they are free to lend again, but the depth and complexity of its crisis will make it tough to replicate the comprehensive “bad bank” models set up in Ireland and...

  • Index recovers last week’s losses

    The Malta Stock Exchange index fully recovered from last week’s 0.26 per cent loss as it closed the week 0.31 per cent higher at 4,211.923 points. Out of the 15 active equities, nine recorded an increase, five lost in value while one closed...

  • Payments glitch at HSBC leaves thousands of Brits without wages

    Payments glitch at HSBC leaves thousands of Brits without wages

    Thousands of Britons failed to receive their wages yesterday when a problem at Europe’s biggest bank HSBC prevented some of its business customers from making payments. The glitch affected payments made by customers through Britain’s BACS system,...

  • Wild week for equities set to end quietly

    A volatile ride for global markets this week looked set to end with a whimper yesterday as lingering worries over Chinese economic growth and the Federal Reserve’s plans to raise interest rates weighed on stocks, but oil rebounded sharply. US...

  • Swiss economy posts surprise growth, skirting recession in Q2

    Switzerland’s economy unexpectedly grew in the second quarter, skirting a recession as the country’s exporters weathered pressure from a strong franc better than some had expected. The economy grew by 0.2 per cent from the previous quarter, the...

  • Google rejects EU anti-trust charges of market power abuse

    Google rejects EU anti-trust charges of market power abuse

    Google Inc. has rejected EU anti-trust charges that it abused its market power, exposing the company to the risk of a hefty fine if it does not alter its business practices. The company’s comments came after the European Commission in April...

  • I say: it’s the markets. . .

    The dots in the title of this week’s contribution stand for the word “stupid”. In fact the title is borrowed from the now (in)famous saying “It’s the economy, stupid”, which in itself is a slight variation of the phrase “the economy, stupid” used...

  • Yuan ends firmer on suspected intervention as equities rally

    China’s yuan closed firmer against the dollar yesterday as traders cited large transactions by state-owned banks possibly on behalf of the central bank, which supported the Chinese currency in both spot and derivative markets. “Major state banks...

  • Ukraine has reached ‘win-win’ debt deal with creditor group

    Ukraine has reached ‘win-win’ debt deal with creditor group

    Ukraine’s finance minister said a “win-win” deal for restructuring $18 billion of debt had been agreed with a group of its largest creditors. The minister, Natalia Yaresko, said late on Wednesday in comments embargoed until yesterday that the deal...

  • Eurozone lending picks up in July but China risk looms

    Eurozone lending picks up in July but China risk looms

    Lending to eurozone households and firms accelerated slightly in July, European Central Bank data showed yesterday, in a sign that the bank’s aggressive asset-purchase programme is bringing some results. Lending growth to households picked up to...

  • British annual house price growth is lowest since mid-2013 – Nationwide

    British annual house price growth is lowest since mid-2013 – Nationwide

    British house prices rose this month at the slowest annual pace in more than two years, according to mortgage lender Nationwide, although it warned theslowdown might not persist unless house-building picks up significantly. House prices rose 3.2...

  • Stocks soar after US data

    Stock markets around the world rallied yesterday and crude oil rebounded sharply after strong US economic data and hints from a US Federal Reserve policymaker that a September interest rate hike was unlikely. All three major US indexes rose more...

  • Company briefs

    Company briefs

    Emirates SkyCargo is to increase its cargo capacity to Iran, when Emirates begins five daily non-stop flights to Mashhad from Tuesday. Mashhad will become Emirates’ second Iranian destination after the capital city Tehran, which Emirates has been...

  • MSE Share Index unchanged as volumes dwindle

    MSE Share Index unchanged as volumes dwindle

    Trading activity across the local equity market dwindled during this morning’s session of the stock exchange as only €91,150 worth of equities changed hands today with the MSE Share Index closing relatively unchanged at 4,200.929 points. The...