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  • 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...

  • Mazars seminar focuses on key Solvency II issues

    Mazars seminar focuses on key Solvency II issues

    Mazars Malta, a member firm of the international auditing firm, recently organised a seminar titled Solvency II – A Practical Approach, which was attended by over 60 representatives from the insurance sector, which will be affected by Solvency II.

  • Re/Max & Friends adds its support for Pink October

    Re/Max & Friends adds its support for Pink October

    Re/Max & Friends Foundation, the charitable organisation recently founded by real estate company Re/Max Malta, is supporting Pink October, an endeavour in aid of breast cancer awareness throughout the month of October. As part of its corporate...

  • Friends of the Manoel have a new president

    Carmen Gatt Baldacchino was elected president of Friends of the Manoel, a non-profit association set up in 1986 with the aim of supporting the Manoel Theatre in building an audience and encouraging local talent in the pursuit of theatrical arts...

  • Oktoberfest trip reward for Middlesea best performers

    Oktoberfest trip reward for Middlesea best performers

    In keeping with its tradition, Middlesea Insurance awarded its best performers with a trip to the Oktoberfest in Munich. The participants were happy to be part of this event, which was attended by over six million people. “Such initiatives...

  • Express Trailers wins two Translog Awards

    Express Trailers wins two Translog Awards

    Express Trailers secured two awards – Best Freight Forwarder of the Year and Best Warehouse Facilities of the Year – at the first edition of the Translog Awards. Express Trailers was awarded the Best Freight Forwarder of the Year award for its...

  • Rapid UK recovery starts to slow

    Rapid UK recovery starts to slow

    Britain still looks on track to outpace other advanced economies this year after rapid growth eased only slightly in the three months to September, but a eurozone slowdown could hamper the recovery in the run-up to next May’s election. Official...

  • Microsoft sales beat hopes, cloud profits up

    Microsoft sales beat hopes, cloud profits up

    Microsoft Corp reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact. The results allayed fears of...

  • HSBC shares up by 3.6%

    The Malta Stock Exchange index added on to last week’s positive returns as it gained a further 0.85 per cent, closing at 3,370.919 points. Investors showed a bullish attitude towards local equities as, out of 13 equities active this week, five...

  • Shares rise, set for best week since July 2013

    Global equity markets rose yesterday as gains in Microsoft and Procter & Gamble buoyed US shares, even as news that a New York City doctor tested positive for the Ebola virus produced a modest safe-haven bid for US Treasuries. MSCI’s all-country...

  • Three nations do not show up as China launches World Bank rival

    Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank yesterday as the US said it had concerns about the new rival to Western-dominated multilateral lenders. China’s $50 billion Asian Infrastructure...

  • Key developments in the world of i-gaming

    Key developments in the world of i-gaming

    The i-gaming world is always in rapid flux and new topographical features emerge from its shifting landscapes almost constantly. Some developments are likely to push the centre of gravity of the whole industry in a completely new direction and...

  • Daily currency report

    Drive for currency markets continued to come from diverging policy outlooks for the European Central Bank and US FOMC. The economic data released in the eurozone was marginally hopeful, but not good enough to erase speculation over more policy...

  • Share index at 11-week high

    Share index at 11-week high

    Following the marginal declines in the previous two sessions, the share index today advanced by 0.5 per cent to reach a fresh 11-week high of 3,370.919 points as four of the five active equities today trended higher. The only exception was Bank of...

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