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  • Three weeks of gains on the MSE

    The Malta Stock Exchange (MSE) Index continued to recoup some of the hefty losses suffered during the months of February and March, as trading last week led to a further 0.85 per cent gain, to 3,526.2 points – a one-month high. Contributing to the...

  • UK unemployment hits low of under 7%

    Britain’s unemployment, as measured by International Labour Organisation methods, hit a five-year low of 6.9 per cent for the three-month period ending in February. This rate of unemployment is now far below Britain’s European rivals and shows...

  • Company briefs

    Cars International is offering discounted prices on Opel Corsa, Astra and Astra GTC in stock during April. The Opel Corsa starts at an affordable €11,700 and buyers will also benefit from double the scrap value on certain models. The Opel Astra,...

  • Firms seek .london domain

    A host of businesses in London, including West Ham United, have become the first to sign up to the new .london web address. Companies in London can now apply for the domain name as an alternative to the .co.uk or .com addresses. The scheme is...

  • Hilltop Gardens has CEO

    Jacqueline Camilleri, who was appointed CEO with Simblija Developments Limited, a subsidiary of AX Holdings, will be taking over the management and development of The Hilltop Gardens Retirement Village. This development is a first for Malta...

  • Accountancy annual awards presentation

    Students in the University’s Bachelor of Accountancy (Hons) 2011-2013 graduate group were recently presented with various awards at the Accountancy Department’s annual prize-giving ceremony. Daniel Pulè was awarded the Malta Institute of...

  • Reaching out to vulnerable children through art, writing

    An Angel Tree Club art and essay competition collected close to 300 paintings and essays from school students across Malta and Gozo. A selection of the competition entries were later exhibited for the public at the Education Ministry in...

  • HSBC UK contact centre employees awarded for their achievements

    The HSBC UK Contact Centre Malta has rewarded its employees for outstanding individual and team achievements throughout 2013. The awards, organised in 10 categories to reward diverse employee contributions, were presented as follows: Employee of...

  • Another successful ESU Debating Academy

    The English-Speaking Union’s 2014 Debating Academy, which ran between April 10 and 12, took place at the Old University Building in St Paul Street, Valletta. The students who participated were all first-year Sixth Formers at St Edward’s College,...

  • HSBC Malta supports vision of Malta as a major trade hub

    HSBC Malta’s CEO Mark Watkinson, during the bank’s 38th AGM, said that Malta had the opportunity to become a major trade hub. “With the third largest port in the Mediterranean and an unrivalled geographic position that allows it to act as a bridge...

  • Europe’s car sales upturn does not halt price war

    Europe’s car sales recovery may be taking hold, according to registrations data published this week, but a confidential industry survey shows the pick-up is failing to halt a price war. Discounts outgrew first-quarter sales, according to the data...

  • Billionaire Usmanov remains Russia’s richest tycoon – Forbes

    Alisher Usmanov is Russia’s richest tycoon for the third year in a row, with wealth of $18.6 billion, after selling his stake in the social media website Facebook, according to the latest report by the US magazine Forbes. Usmanov is a co-owner of...

  • Five equities push index higher

    The Malta Stock Exchange index ended this four-day trading week 0.85 per cent higher, closing at 3,526.20 points. A total of 14 equities were active throughout the week of which five gained ground, three declined and six closed unchanged. 6pm...

  • Low inflation to linger for years in eurozone – survey

    The eurozone is set for at least two more years of low inflation, held down by a strong currency and anaemic economic and jobs growth, and still faces a very real threat of deflation, a Reuters poll showed. While the inflation forecasts are mostly...

  • MSE Share Index hits 1-month high

    The MSE Share Index trended higher for the fifth consecutive day with a further 0.1 per cent increase to a fresh one-month high 3,526.200 points despite weak the weak volumes registered in recent local trading sessions. This morning’s uplift is...

  • Customs are caught between enforcement and Single Market

    The Customs Department is taking action to curb imports on which VAT and eco-tax have not been paid – but its level of monitoring is restricted by the need to respect the Single Market, Finance Minister Edward Scicluna said. A number of sectors...

  • Malta fails to meet household WEEE target

    Malta is one of 10 countries in the European Economic Area which failed to meet an EU target for the collection of electrical and electronic waste (WEEE). The EU Directive set a collection target of a minimum of 4kg per inhabitant of WEEE from...

  • Aviation: A soaring sector

    Very, very rich people have very very expensive toys. And when those toys are yachts and planes, they need a wide range of services. High net worth individuals need someone to handle the financing of these assets, to pay their bills in marinas and...

  • EU cross-border taxation to be eased

    The European Commission has launched two public consultations and created an expert group to gather ideas on how to tackle any tax obstacles that hinder the cross-border activity of individuals in the Single Market. At the same time, the...

  • Global Gases opens blending facility

    Global Gases, a producer and distributor of speciality industrial gases, has chosen Malta as the site for the first speciality gas blending facility in the Mediterranean. The €2 million facility, located in the Bulebel Industrial Estate, Żejtun,...