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  • Regularising investments with the Inland Revenue

    Regularising investments with the Inland Revenue

    In the context of states’ growing efforts to fight tax evasion through concrete measures, the exchange of information network through bilateral and multilateral agreements between tax authorities is ever on the increase and the obligation to...

  • China fund defaults expose foreign partners to shadow banking risk

    Foreign joint venture partners of Chinese mutual fund companies fear they will have to bail out investors in one of the shadiest patches of China’s shadow banking system, following two defaults by lightly regulated subsidiaries peddling complex...

  • Growth in Britain’s services companies slows in three months to August – survey

    Growth in services companies that form the bulk of Britain’s economy slowed in the three months to August, according to a survey published yesterday that suggested the swift pace of economic recovery has eased recently. The Confederation of...

  • WHO urges regulation of e-cigarettes and bans on use

    WHO urges regulation of e-cigarettes and bans on use

    The World Health Organisation (WHO) yesterday called for regulation of electronic cigarettes as well as bans on indoor use, advertising and sales to minors. In a long-awaited report that will be debated by member states at a meeting in October in...

  • Black and white trademarks

    The scope of protection given to black, white or grey trademarks will change as a result of a recent communication issued by the European Trade Mark and Design Network. The network, established by the Office for Harmonisation in the Internal...

  • Stocks gain on ECB stimulus hopes, US data

    World stock indices rose yesterday and European bond yields fell on expectations of more stimulus from the European Central Bank and on strong US data. The benchmark S&P 500 hit a fresh record above 2,000 after first breaching that milestone on...

  • Amazon snaps up Twitch for $970 million

    Amazon snaps up Twitch for $970 million

    Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting chief executive officer Jeff Bezos’ resolve to transform Amazon into an internet destination beyond its core retail...

  • Pressure builds within Fed to signal new policy course

    Pressure builds within Fed to signal new policy course

    Pressure is building within the Federal Reserve for officials to move as early as next month to more clearly acknowledge improvements in the US economy and lay the groundwork for the central bank’s first interest rate hike in nearly a...

  • Money market report for the week ended August 22

    On Monday, August 18, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The auction was conducted on Tuesday, August 19, and attracted bids from euro area eligible counterparties of €107.61 billion, €0.59...

  • PlayStation users’ information safe after hacking

    PlayStation users’ information safe after hacking

    Sony Corp. said hackers had taken down its PlayStation Network without compromising its 53 million users’ personal data, while the FBI was investigating a bomb scare on a flight carrying a top Sony executive in the US. The hackers behind the...

  • Heinz recall brings food tracking issue to the fore in China

    Heinz recall brings food tracking issue to the fore in China

    The entanglement of H.J. Heinz Co. in China’s latest food scare highlights a key concern for international and local firms: how to keep track of ingredients from diverse sources in a country where food supply tracing technologies are far from the...

  • Deloitte sponsoring LifeCycle Challenge

    Deloitte sponsoring LifeCycle Challenge

    As part of its ongoing endeavours to support worthy causes, Deloitte has taken up sponsorship of Mark Micallef and the LifeCycle team. Mr Micallef is a Deloitte staff member who will be taking part in the Actavis LifeCycle Challenge 2014 between...

  • Karibu Malta helped by GasanMamo

    Karibu Malta helped by GasanMamo

    GasanMamo is helping Karibu Malta volunteers by sponsoring their travel insurance. Karibu Malta is a young organisation set up two years ago with the main aim of carrying out various activities throughout the year to raise funds for the less...

  • Gozo softball tournament comes to end

    Gozo softball tournament comes to end

    The 31st Athletics won the Gozo Cup Softball Tournament 2014, beating the Leinster Royals 4-0 in the playoff and then the Connaught Rangers 14-8 in the cup final. Jesmond Mizzi Financial Advisors Ltd was the main sponsor of the three-week long...

  • Shares rally on ECB stimulus bet

    Global equity markets rallied yesterday, with the US benchmark S&P topping the 2,000 mark for the first time, as expectations grew that the European Central Bank would move to boost economic growth if inflation slows further. The euro fell to near...

  • About-turn for ECB’s Draghi

    About-turn for ECB’s Draghi

    Prodding governments to do more to boost demand and hinting at European Central Bank action to go along with it marks a major shift in ECB chief Mario Draghi’s eurozone policy away from a focus on austerity towards reviving growth. In a landmark...

  • Contrasting bank strategies and some common features

    Contrasting bank strategies and some common features

    Two of the banks in Malta licensed to conduct retail banking – Banif Bank Malta and FCM Bank – stand out for their divergent strategies but at the same time have something in common. As for their common features, they both have accumulated losses...

  • Mental illness at work

    Mental illness at work

    The tragic death of a celebrity as a result of depression inevitably creates awareness in the media on the prevalence of mental illnesses in our society. Such illnesses have a devastating effect on both victims and those who share their lives. The...

  • ­­­Shipping movements

    The following ships are expected in Malta this week: The Rio Cadiz from Antwerp to Haifa, the BC Hamburg from Misurata to Misurata (both Thomas Smith Shipping Ltd), the OS Bodrum from Skikda to Skikda, the Stjerneborg from Tripoli to Tripoli, the...

  • Maltese Cross case is referred to police

    Maltese Cross case is referred to police

    The police are investigating the disappearance of possibly millions of euros invested with Maltese Cross Financial Services. The Malta Financial Services Authority is working with the police authorities to investigate the “material shortfall” in...