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  • Slowing climate change makes economic sense

    Slowing climate change makes economic sense

    Investments to help fight climate change can also spur economic growth, rather than slow it as widely feared, but time is running short for a trillion-dollar shift to transform cities and energy use, an international report said yesterday. The...

  • RS2, Go continue to outperform

    RS2, Go continue to outperform

    The equities of RS2 Software plc and Go plc extended their positive run as they continue to significantly outperform the other local equities with year-to-date gains approaching the 40 per cent level. The share price of RS2 climbed by 3.5 per cent...

  • Heineken rebuffs SABMiller bid

    Heineken rebuffs SABMiller bid

    Dutch brewer Heineken said it was approached by larger rival SABMiller about a potential takeover but that its controlling shareholder intended to keep the company independent. The maker of Heineken and Amstel beers said it consulted with its...

  • Money market report for the week ended September 12

    On Monday, September 8, 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 €110.70 billion, €0.50 billion...

  • Sinopec to sell $17.5bn retail stake in privatisation push

    Sinopec to sell $17.5bn retail stake in privatisation push

    State-controlled oil giant Sinopec Corp. has unveiled a plan to sell a $17.5 billion stake in its retail business, marking China’s biggest privatisation push since President Xi Jinping came to power almost two years ago. The sale is a reflection...

  • Eurozone trade surplus rises in July

    The eurozone’s trade surplus rose year-on-year in July as exports grew faster than imports, pointing to a positive contribution to economic growth at the start of the third quarter, the EU’s statistics office data showed. Eurostat said the...

  • Bank of Portugal picks new CEO for BES successor Novo Banco

    Bank of Portugal picks new CEO for BES successor Novo Banco

    The Bank of Portugal picked a new chief executive for Novo Banco, successor to Banco Espirito Santo (BES), following the embarrassing resignation of its three top managers appointed only two months ago. Eduardo Stock da Cunha, 51, an experienced...

  • Brent oil hits two-year low

    Brent crude fell below $97 per barrel yesterday to its lowest in more than two years as lackluster Chinese economic data lowered prospects for demand at a time of abundant supply, while expectations that the Federal Reserve will provide new...

  • Tough time to sell Ukraine President’s candy empire

    Tough time to sell Ukraine President’s candy empire

    A chance to buy the candy empire of Ukrainian President Petro Poroshenko is the kind of opportunity in a fast-growing market that would normally have multinational confectioners – like Nestlé or Cadbury’s parent Mondelez – drooling at the...

  • GO’s shares hit new 6-year high

    GO’s shares hit new 6-year high

    The share price of GO plc continued to advance and closed at yet another fresh six-year high of €2.52 on the stock exchange today. The equity has been the best performer this year in anticipation of developments with respect to the Group’s €50...

  • Consumers’ rights getting boosted – traders beware!

    Consumers’ rights getting boosted – traders beware!

    Malta implemented the Consumer Directive 2011/83/EU, through Legal Notice (LN) 439/2013 on June 13. The directive and local regulations are intended to improve transparency in the sale of goods and services, giving consumers the necessary tools to...

  • EU airlines face more turbulence

    EU airlines face more turbulence

    In the last few months, two European Union airlines have been forced to enter into shotgun weddings even if the media depicted these alliances as marriages made in heaven. In the last decade, Alitalia, the Italian national airline, underwent...

  • ­­­Shipping movements

    The following ships are expected in Malta: The Saint Roch from Tripoli to Benghazi, the Kaplua Kontor (ex-DS Accuracy) from Durres, the Vega Aquila from Aliaga to Pireaus, the Kasif Kalkavan from Varna to Avcilar, the Stadt Bermerhaven (ex-Appen...

  • Strong message must be put across in Budget over public sector – MEA

    Strong message must be put across in Budget over public sector – MEA

    The government needs to send a strong message in the next Budget that the public sector is neither an employer of last resort, nor a refuge to those who feel privileged or entitled to land a non-productive job in some obscure government...

  • Members of the ECB administrative board of review appointed

    Members of the ECB administrative board of review appointed

    The governing council of the European Central Bank has appointed five members and two alternates to the administrative board of review. At the request of a directly affected person or legal entity, the administrative board will carry out an...

  • The roar of the entrepreneur

    The roar of the entrepreneur

    Like many people out there, I consider myself a ‘glass half full’, positive person who can make things happen. I’ll give you 10 good reasons why I can do something, rather than 10 reasons why I can’t. Problem, what problem, there is no problem,...

  • MSV Life celebrates 20 years in business

    MSV Life this year marks 20 years of success in providing life insurance, protection, long-term savings and retirement planning. MSV Life is one of the largest life insurance companies in Malta, with total assets of over €1.4 billion and no fewer...

  • Chamber dismayed at bus service subsidies

    Chamber dismayed at bus service subsidies

    The Malta Chamber of Commerce, Industry and enterprise has said it is dismayed at the news that the country will incur an annual cost of between €24 and €29 million in subsidies for the new public bus service. While the importance of public...

  • ICT courses for people with disability

    Fifty-eight students have successfully completed ICT courses organised by the Foundation for Technology Accessibility (Fita). The courses were held at the ICT Institute at Mcast, St Theresa Girls College, Mrieħel, the SIS Training Centre, Aċċess,...

  • A record high for RS2 Software plc

    A record high for RS2 Software plc

    During the four-day trading week, the Malta Stock Exchange (MSE) index failed to remain afloat, closing the week down by 0.89 per cent at 3,327.558 points, as selling pressure reigned on shares of HSBC Bank Malta plc and Bank of Valletta plc...