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  • Are you switched on to the electric revolution?

    Are you switched on to the electric revolution?

    Z.E. = Zero Emissions. Renault unveiled four electric concept cars at the 2009 Frankfurt Motor Show with a promise to make them widely available to motorists. Since then, Renault has publicised each milestone in this ambitious and unique project,...

  • HSBC shares retreat for third consecutive session

    The share index shed a further 0.1 per cent to 3,421.315 points largely due to the third consecutive decline in the share price of HSBC following last Monday’s results publication which revealed a 42 per cent decline in pre-tax profits to €52...

  • UK Debating Champions in Malta to empower students

    UK Debating Champions in Malta to empower students and professionals in Public Speaking and Presenting. JCI Malta will be hosting a number of masterclass sessions and motivational talks delivered by Patrick McCrae and Michael Steel, both...

  • Strengthening the battle against money laundering

    With severe acts of terrorism taking place right at Europe’s doorstep, EU institutions seem to be stepping up their pace in order to ensure that stronger EU rules regulating money laundering and counter-terrorist financing are put into place at...

  • Banks face scrutiny over pricing of precious metals

    Banks face scrutiny over pricing of precious metals

    The US Department of Justice (DoJ) and the Commodity Futures Trading Commission are investigating at least 10 major banks for possible rigging of precious metals markets, the Wall Street Journal reported, citing people close to the inquiries. DoJ...

  • UK North Sea investments to nearly halve

    Investment in British North Sea projects is expected to fall below £8 billion in 2016 from £14.8 billion last year, and could shrink further due to a rise in costs and fall in prices, industry lobby group Oil & Gas UK said in an annual survey...

  • Aer Lingus posts profit rise as takeover falters

    Irish takeover target Aer Lingus reported an 18 per cent increase in annual profits yesterday as its suitor, British Airways owner IAG, struggled to convince the Irish government to back its bid. Aer Lingus said 2014 operating profits before...

  • Argentina is in no rush to restart debt restructuring talks

    Debt-holders who want to jumpstart restructuring talks with Argentina may have to wait until a court rules next month on whether to let a disputed bond payment go through, further extending a legal feud that has hobbled state finances. The case...

  • Bonds rally as dollar falls after Fed’s Yellen emphasises flexibility

    The dollar edged lower and bond yields fell after US Federal Reserve chair Janet Yellen said yesterday it would be several months before the Fed expects to raise interest rates, while European equity markets gained after Greece produced a list of...

  • HSBC continues to drag share index lower

    The share index this morning shed a further 0.8 per cent to 3,424.439 points largely due to the continued decline in the share price of HSBC following yesterday’s results publication which revealed a sharp drop in profitability and dividends. HSBC...

  • HSBC deeply regrets Swiss bank failings

    HSBC deeply regrets Swiss bank failings

    HSBC Holdings plc apologised and said it deeply regretted past conduct and compliance failures at its Swiss private bank as it reported a 17 per cent drop in annual profit yesterday. Europe’s biggest bank said recent disclosures about past...

  • Money market report for the week ended February 20

    On Monday, February 16, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The auction was conducted the following day and attracted bids from euro area eligible counterparties of €122.11 billion, €17.58 billion...

  • Twenty-First Century Fox denies takeover talks with Discovery

    Rupert Murdoch’s Twenty-First Century Fox Inc. held preliminary takeover talks with Discovery Communications Inc. with a view to creating a $100 billion entertainment giant, the Australian Financial Review reported yesterday. Fox, which like other...

  • Oil prices fall as worries over US oversupply drag

    Oil prices fall as worries over US oversupply drag

    Oil prices dipped yesterday on worries about oversupply in North America, with Brent futures testing support around $60 a barrel and US contracts hovering around $50.50. After an initial rise yesterday along with global markets on optimism that...

  • Low-profile engineer to take over as Honda CEO

    Honda Motor Co. chief executive Takanobu Ito will step down in late June after six years in the top post and be succeeded by managing officer Takahiro Hachigo, a low-profile engineer with global experience, the company said in a surprise...

  • Canada’s Valeant to acquire Salix

    Canada’s Valeant to acquire Salix

    Canada’s Valeant Pharmaceuticals International Inc. agreed to acquire gastrointestinal drugmaker Salix Pharmaceuticals Ltd in an all-cash deal valued at about $10.1 billion, the two companies said. The deal for Salix, known for its irritable bowel...

  • Stocks mixed as Greece’s deal offsets tumbling oil

    US stocks slipped from all-time highs yesterday, pulled lower by a sharp drop in crude oil prices, while European shares rallied to fresh seven-year highs on last week's conditional financial rescue for Greece. Yields on low-rated eurozone...

  • Why our environment matters so much

    Why our environment matters so much

    Those who try to ridicule environmentalists as tree-hugging idealists who live in a fantasy world detached from the harsh economic realities that seem to have gripped the world will one day realise that our environment does matter a great deal. It...

  • ­­­Shipping movements

    The following ships are expected in Malta: The Voilet from Tanger Med to Gebze, the Saint Roch from Tripoli, the Stjerneborg from Misurata, the CMA CGM Marco Polo from Le Havre to Khor Al Fakkan, the CMA CGM Butterfly from Fos-Sur-Mer to Suez (all...

  • ‘Fundamental to talk about business practice and rules’

    ‘Fundamental to talk about business practice and rules’

    It was absolutely fundamental to develop rules and regulations for businesses to adhere to, the chairman of the Commonwealth Enterprise and Investment Council Jonathan Marland stressed. “I think it is a problem for business in the modern world,...