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  • Lufthansa pilots threaten eighth strike as trains stop

    Lufthansa pilots threaten eighth strike as trains stop

    A German pilots’ union yesterday called for an eighth strike at Lufthansa for today and tomorrow adding to travellers’ misery after millions were left stranded by a weekend-long train drivers’ stoppage over pay and negotiation rights. Both hit at...

  • Getting used to the ‘new mediocre’

    Getting used to the ‘new mediocre’

    Evaporating inflation and slowing growth have put financial markets into such a spin that they could inflict further damage on the world economy according to the latest financial reports issued over the weekend. Until a dramatic selloff, exuberant...

  • ­­­Shipping movements

    The following ships are expected in Malta: The Jaguar from Benghazi to Benghazi, the Maersk Brooklyn from Antwerp to Haifa, the Alexander Maersk from Sfax to Misurata (all Thomas Smith Shipping Ltd) and the Fas Dammam from Tunis to Annaba (Carmelo...

  • Grimaldi mull surcharge cut

    Grimaldi mull surcharge cut

    Grimaldi Group will review the price of Brent crude at the end of the month before deciding whether to cancel the fuel surcharge it introduced last July. Sullivan Maritime, the Grimaldi agents in Malta, was asked by The Sunday Times of Malta about...

  • Fimbank buys stake in Chilean factoring house

    Fimbank has acquired a control­ling interest in an established Chilean factoring house, First Factors Servicios Financieros. First Factors provides its services through six branches located close to the forestry, mining and fishing industries. The...

  • Partners being sought for multicurrency card

    Partners being sought for multicurrency card

    A British company offering a multi­currency prepaid card is looking for local partners for co-branding opportunities. Centtrip Card Ltd was set up by three British entrepreneurs with years of experience in foreign exchange. “They were competing...

  • Top transport, logistics, supply chain operators in Malta honoured

    Top transport, logistics, supply chain operators in Malta honoured

    Noel Ellul, an expert in transport and logistics in Malta with a career spanning over 40 years, was awarded the ‘Outstanding Achievement of the Year’ honour at the first TransLog Awards to be held. Key transport, logistics and supply chain...

  • Investment Migration Council launched

    The Investment Migration Council (IMC) has been formed by leading experts in the immigration and citizenship-by-investment industry to bring together the foremost stakeholders in the field and to give the industry a voice. The IMC will help to...

  • Getting started with KPMG

    KPMG is sponsoring the StartUp Week, taking place at the Microsoft Innovation Centre at Skyparks until today. StartUp Week is a Google and Microsoft-backed event that enables people from different backgrounds and cultures and with varying...

  • Award for Fenech and Fenech

    Fenech & Fenech Advocates has been reconfirmed as Malta’s leading tax law firm by World Tax 2015, International Tax Review’s directory to the leading tax advisory firms around the world. Each edition rates the tax expertise offered in more than 56...

  • An alternative to bonds: sukuk

    An alternative to bonds: sukuk

    What are Islamic sukuk and how do they differ from conventional bonds? Sukuk is the plural for the word suk, which means a certificate. Investment sukuk are certificates of equal value representing undivided shares in the ownership of an invested...

  • MSE index rises on higher volumes

    MSE index rises on higher volumes

    The Malta Stock Exchange (MSE) index partially recouped from the previous week’s 0.36 per cent decline, as losses registered at the beginning of the week were more than reversed by Friday’s session. In fact, the index edged 0.12 per cent higher,...

  • Investor confidence in Germany falls for 10th consecutive month

    German investor confidence fell for the 10th consecutive month in October, a report showed last week. The ZEW Centre for European Economic Research said its index of investor and analyst expectations dropped to -3.6 this month from 6.9 in September.

  • Company briefs

    Company briefs

    HSBC Malta has introduced voice technology in its ATMs outside its operations centre at Qormi and in its branches at Sliema, Valletta, Paola, Mosta and Victoria to enable visually impaired people to use its banking facilities. Once a customer...

  • Effective design of school buildings

    Effective design of school buildings

    Excellence in the built environment is imperative and the design process must be cost-effective and suitable. Occupant comfort, appropriate ongoing maintenance and other sustainability indicators, such as those related to energy savings and larger...

  • City & Guilds qualifications for Caremalta carers

    City & Guilds qualifications for Caremalta carers

    Seventy-four Caremalta employees were presented with City & Guilds certificates after successfully completing courses leading to the diploma and specialist diploma. Certificates were distributed to the participants by Parliamentary Secretary for...

  • Nestlé and partners to create 100,000+ opportunities for youths in Europe

    Around 200 companies have joined forces under Nestlé’s Alliance for Youth to tackle the youth unemployment crisis in Europe, pledging to create more than 100,000 opportunities for young people in the coming years. This was announced by Nestlé...

  • New dog food ingredient developed by Mosta firm

    New dog food ingredient developed by Mosta firm

    The ‘Fisherman’s Daughter’, Jill Angell, visited a veterinary hospital and several pet shops around Malta to answer questions about her new brand of dry dog food. While it is manufactured in the UK, the unique connection with Malta is the dog...

  • International real estate buyers eye Punta del Este

    International real estate buyers eye Punta del Este

    Prices per square metre of up to €3,000 in prime ­locations in Uruguay International demand for second homes in Punta del Este in southern Uruguay is on the rise, in particular by European clients. “In popular locations in Punta del Este we’re...

  • Four Maltese bankers gain coveted status through Chartered Banker Institute

    Four Maltese bankers gain coveted status through Chartered Banker Institute

    Four committee members of the Institute of Financial Services – Malta (IFS-Malta) have achieved the pioneering distinction of carrying a dual award of a top MBA in Banking and Finance and the coveted Chartered Banker status from the Chartered...

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