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  • OECD sees growth flounder as ‘globalisation grinds to a halt’

    OECD sees growth flounder as ‘globalisation grinds to a halt’

    Global economic growth will flounder this year and next at rates not seen since the financial crisis as the march of globalisation grinds to a halt, the OECD warned yesterday. Long a motor for the global economy, trade growth is set to lag growth...

  • Boss of Wells Fargo bank told to resign

    Boss of Wells Fargo bank told to resign

    US Senate lawmakers excoriated Wells Fargo & Co.’s chief for his oversight of the bank as it opened two million bogus customer accounts, potentially laying the groundwork for new rules and reviving questions of whether banks are “too big to...

  • Households’ expectations on finances unchanged after Brexit

    British households’ expectations about their personal finances held steady in September, a survey showed yesterday, another sign that consumers so far have been largely unperturbed by the country’s vote to leave the EU. Financial data firm Markit...

  • Engie is not considering selling its LNG activities

    French gas and power group Engie is not considering selling its liquefied natural gas (LNG) activities, chief executive Isabelle Kocher told Reuters yesterday. On Monday, the firm’s CGT union said Engie was considering the future of its LNG...

  • World stocks gain, dollar falls

    Global stock indexes rose and the dollar fell to its lowest against the yen in nearly a month yesterday after the Bank of Japan overhauled its monetary policy to target interest rates and ahead of a Federal Reserve decision. With the global...

  • Increases in house prices ‘not excessive’

    Increases in house prices ‘not excessive’

    Increases in real house prices in recent years were not excessive when compared to those in other countries, a study on the property market has concluded. The study by Brian Micallef, research office manager at the Central Bank of Malta, found...

  • The future is today

    The future is today

    We are living in an increasingly dynamic, disruptive and digital world. The future, even the near one, will certainly not look like today. In this scenario, rarely has being ahead of the game been more valid advice. From our end, we at EY are...

  • The recruitment solution

    The recruitment solution

    Malta’s low unemployment rate can make finding the right employees extra challenging. But, as these recruitment experts tell The Business Observer, it all comes down to matching industry requirements with the most dynamic and best-qualified talent...

  • Malta scores top marks in EU consumer markets index

    Malta scores top marks in EU consumer markets index

    Malta ranks as one of the top three EU28 countries in eight goods and 13 services markets, data just released by the European Commission shows. The data features in the 2016 Consumer Markets Scoreboard, which monitors EU consumers’ ratings of how...

  • Menu for diversification

    Menu for diversification

    Economist Mario Vella was appointed governor of the Central Bank of Malta after three years as chairman of Malta Enterprise. He tells Vanessa Macdonald that the Central Bank of Malta’s main concern is to ensure financial stability without slowing...

  • The great exchange

    The great exchange

    Forex trading is responsible for billions of euros of activity every day and attracts millions of investors – including individuals keen to grow their own portfolios. So what’s the secret? FXDD’s Rebecca Portelli takes Jo Caruana through the...

  • Government’s economic plan

    A mantra that seems to be adopted by most trade unions is to ‘make hay while the sun shines’. GDP growth figures leave no doubt that the sun is shining on the Maltese economy. So who is to blame unions for trying to reap the fruit of this ideal...

  • New growth path is needed

    The Pre-Budget Document for next year’s Budget outlines the success and challenges of recent years and sets forth the path for further economic growth. The economy is expected to continue growing at rates well above the average of eurozone member...

  • People’s power station

    People’s power station

    The SkyParks Business Centre at Malta International Airport has its own ‘power station’ where visitors can charge their phones while cycling. The bike station serves the dual purpose of promoting a more active lifestyle and the generation of...

  • 20 years of excellence

    20 years of excellence

    Sullivan Maritime celebrated 20 years of maritime services by announcing a revamp of their company brand and image. The aim is to give the globally-reputed company a fresh look as the younger generation is being coached and groomed to take over...

  • Customer-first focus in changing environment

    Almost eight out of every 10 business leaders are concerned with whether their organisation will be able to keep up with technological changes. Moreover, according to the KPMG Global CEO Outlook, in these turbulent times, businesses are unsure how...

  • Industrial turnover

    A drop of 3.8 per cent in industrial turnover was registered between April and June this year when compared to the first three months of this year, the National Statistics Office said. The decline was due to decreases in all the main industrial...

  • The interim reporting season

    The interim reporting season

    Most companies that have their equity listed on the Malta Stock Exchange have a December year-end and, in accordance with the Listing Rules, their interim financial statements for the six-month period to June 30 must be published by August 31. The...

  • His heart stopped! Will you save him?

    Sudden cardiac arrest (SCA) is the most common cause of death from heart disease, accounting for more than 63 per cent of all cardiac deaths. In SCA, the heart suddenly stops beating normally. Without a blood supply, oxygen-starved organs are...

  • Nicholls Moisa – legal, finance and executive recruitment

    Nicholls Moisa is a headhunting and recruitment firm focused on the finance and legal divisions within the financial services sector and executive search in general industry and commerce. Nicholls Moisa recruits for the following specialist...