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  • Warning of S&P downgrade sends Toshiba shares falling

    S&P Global Inc. said in a report yesterday it could cut its rating of Toshiba Corp credit by several notches should the Japanese firm receive financial support that includes debt restructuring, sending Toshiba stock down nine per cent. S&P rates...

  • Daily currency report

    One needs to be philosophical when viewing the US news cycle of late, bearing in mind that the only certainty is change.  US President Trump, combating the rather challenging start to his administration, hosted a 77-minute unscripted press...

  • Kraft Heinz bids $143 billion for Unilever in global brand grab

    Kraft Heinz bids $143 billion for Unilever in global brand grab

    Updated 9.56pm - Mega-bid for Unilever US food company Kraft Heinz Co made a surprise $143 billion offer for Unilever in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove...

  • Share Index reaches 9-year high

    The share index extended yesterday’s gains as it advanced by a further 0.31% to a fresh nine-year high of 4,741.747 points reflecting the advances in the share prices of HSBC (+1.3%), GO (+0.8%) and BOV (+0.3%). On the other hand, Malita...

  • Difficulties of market segmentation

    One of the issues that keeps bothering marketing persons is the way to segment and analyse the market. Wikipedia defines market segmentation as “the process of dividing a broad consumer or business market, normally consisting of existing and...

  • EU, Canada secure clearance to start free trade deal and removal of import duties

    EU, Canada secure clearance to start free trade deal and removal of import duties

    The European Union and Canada secured clearance on Wednesday for their contentious free trade deal and the removal of import duties that supporters say will boost growth and jobs on both sides of the Atlantic. The two parties can claim success for...

  • Air France-KLM profit beats expectations, targets more cost cuts

    Air France-KLM profit beats expectations, targets more cost cuts

    Air France-KLM reported better- than-expected operating profit for 2016 and said it had made a “resilient” start to 2017 as it promised further cost-cutting efforts this year. The Franco-Dutch carrier reported a 2016 operating result of €1.049...

  • Coca-Cola HBC lifts full-year profit on lower revenue

    Soft drinks bottler Coca-Cola HBC reported higher full-year profit yesterday, helped by price increases and cost cuts, though revenue was pulled lower by currency fluctuations and weakness in Russia. The company, which bottles, sells and...

  • Hilton reaffirms forecast for a key revenue metric

    Hilton reaffirms forecast for a key revenue metric

    Hilton Worldwide Holdings Inc., owner of the Waldorf Astoria hotel chain, reaffirmed its 2017 forecast for a key revenue metric and said it felt more confident about achieving it, as US economic growth gains steam. The Conrad and Double Tree...

  • Dutch government proposes law to block telecom takeovers

    Dutch government proposes law to block telecom takeovers

    The Dutch government yesterday proposed legislation that would give it power to block or undo mergers in the telecommunications sector. The Netherlands is gearing up for a national election on March 15 in which the ruling conservative VVD Party is...

  • World stocks scale new peak on sturdy data

    A gauge of major world equity markets scaled a fresh record yesterday, boosted by rosy global data, while US bond prices received a lift from a drop in the dollar. MSCI’s All-Country World index hit an intraday record for a second straight...

  • Share index halts 3-day negative streak

    The share Index moved higher for the first time in the last four trading sessions as it gained 0.19% to 4,727.263 points largely due to the uplift in FIMBank.A further three equities trended marginally higher whilst two equities, namely HSBC and...

  • The net debt to Ebitda multiple

    The net debt to Ebitda multiple

    It is fundamental for financial analysts and investors to keep track of a company’s financial performance and its metrics to measure any changes in the credit risk of the company. Naturally, the higher the credit risk, the higher the return that...

  • China completes €1 trillion investment in major projects

    China completed 7.92 trillion yuan (€1.089 billion) worth of investment in major projects by the end of 2016, the state planner said yesterday. The National Development and Reform Commission (NDRC) released the figure in a handout before a...

  • GM CEO, president in talks at Opel HQ

    General Motors chief executive Mary Barra and president Dan Ammann were at Opel’s headquarters in Ruesselsheim, Germany, Opel said yesteday. PSA and GM said they were exploring a potential deepening of strategic initiatives, including a sale of...

  • Greek bailout review talks converging

    European Commissioner for Economic and Financial Affairs Pierre Moscovici said yesterday Greece’s talks with its official lenders on concluding a bailout review made progress but more steps were needed to wrap it up. Moscovici was in Athens to...

  • Yellen brushes off warning, says Fed has authority on global talks

    Federal Reserve Chair Janet Yellen, in response to a warning from a US congressman to halt global regulatory talks in the early stages of Donald Trump’s presidency, said in a letter the Fed has the authority and responsibility to consult with its...

  • Banks lift stocks, US yields climb following data

    Stocks on major world markets rose further yesterday and US Treasury yields rose after a batch of US economic data increased the possibility of an interest rate rise by the Federal Reserve. US retail sales rose more than expected in January, while...

  • Shipping movements

    The following ships are expected in Malta: The MV Eurocargo Venezia from Genoa to Genoa (Sullivan Maritime) and the MSC Katie from Singapore to Barcelona (John Ripard & Son Ltd) today. The MSC Teresa from Valencia to Salalah (John Ripard & Son...

  • RS2 share price drops to a near 2-month low

    The MSE Share Index posted its third consecutive daily loss as it retreated by a further 0.07% to a fresh five-day low of 4,718.416 points. Trading activity was spread across eight equities with only RS2 performing negatively whilst Malita...