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  • Coke’s Monster deal underlines caution on a full-blown merger

    Coca-Cola Co’s $2.15 billion wager on a stake in Monster Beverage Corp highlights the growth-starved soft drink company’s embrace of deals that fall short of a full-blown merger and acquisition but allow it to test-drive potentially risky...

  • Holders of Argentina eurobonds to appeal US court no-pay ruling

    Holders of Argentina eurobonds to appeal US court no-pay ruling

    Holders of euro-denominated Argentine bonds plan to appeal a US judge’s ruling blocking the country from making payments on their debt, according to a court filing. In a notice filed in Manhattan federal court, lawyers for the bondholders...

  • IBM $2.3bn server sale gets regulator approval

    IBM $2.3bn server sale gets regulator approval

    International Business Machines Corp said yesterday that US regulators had approved the $2.3 billion sale of its low-end server business to Lenovo Group Ltd, as the company continues its shift to more profitable software and services like cloud...

  • Google buys city-guide app maker JetPac Inc

    Google Inc is buying JetPac Inc, the startup that designs social travel applications disclosed on its website, without providing details. “We’ll be removing Jetpac’s apps from the App Store in the coming days, and ending support for them on 9/15,”...

  • Italy needs tough reforms agenda

    Italy needs tough reforms agenda

    The last several months saw Italy taking significant steps to find the way to economic growth after years where the economy underperformed as a result of falling competitiveness. Italian Prime Minister Matteo Renzi convinced many of his early...

  • ­­­Shipping movements

    The following ships are expected in Malta: The Vega Aquila from Thossaloniki to Piraeus, the CMA CGM Meknes from Annaba to Algiers, the Karina from Algiers to Algiers (all Carmelo Caruana Co. Ltd), the Rosa from Buenos Aires to Haifa and the...

  • Airline training base set up for ground staff

    Airline training base set up for ground staff

    A consortium of three aviation companies has launched an aviation training organisation. Alpha One will offer professional classroom-based training for flight and ground operations staff aimed at scheduled and business aviation operators. Alpha...

  • Many clients affected by suspension of financial firm

    Dozens of clients might still have investments with the company whose licence was suspended 10 days ago by the Malta Financial Services Authority. The MFSA also revoked the approval given to the director of Maltese Cross Financial Services, Jean...

  • MEA wants union recognition to be based on membership

    MEA wants union recognition to be based on membership

    The Malta Employers’ Association wants disputed union recognition to be based on actual membership receipts and not resolved through a ballot. “Union recognition issues should be legislated. As it is, the Director of Employment and Industrial...

  • IHI and MIA drag MSE index lower

    IHI and MIA drag MSE index lower

    During the four-day trading week, the Malta Stock Exchange (MSE) index drifted further in the red, as losses in International Hotel Investments plc (IHI) and Malta International Airport plc (MIA) outweighed gains primarily in HSBC Bank Malta plc...

  • German GDP contracts over Ukraine tension

    The German economy suffered a surprise contraction in the second quarter, its first in more than a year. According to the Federal Statistics Office, German GDP declined 0.2 per cent in the second quarter. Foreign trade, which is a driver of German...

  • Company briefs

    Company briefs

    Rolling Geeks has introduced an innovative way to tour the culturally rich Cottonera area south of Grand Harbour. Visitors can rent electric-powered cars equipped with a pre-programmed GPS system that guides them on the 18-kilometre route while...

  • Challenging crisis management

    Challenging crisis management

    I don’t know about you, but I’m still missing the World Cup. The past edition was very interesting and surprising. It certainly taught a few teams and a number of players some important lessons. Lessons in strategy, style, conduct and, above all,...

  • Engel & Völkers Sara Grech launches commercial division

    Engel & Völkers Sara Grech launches commercial division

    Engel & Völkers Sara Grech has launched an independent commercial division to complement the residential real estate services for both sales and rentals. The new business line will be headed by sales director Pal Patrik Tarcza, who has 10 years’...

  • Foreigner’s guide to buying, renting property in Malta

    Foreigner’s guide to buying, renting property in Malta

    Frank Salt Real Estate has published the latest edition of Malta Your Island Home, a comprehensive guide for foreigners looking to purchasing or renting property or take up residence in Malta or Gozo. The guide was conceptualised over 25 years ago...

  • Fimbank Group announces its ­half-yearly results

    Fimbank Group announces its ­half-yearly results

    Fimbank Group announced its results for the six months ended June 30. The period under review was marked by positive operating results, which were impacted by sharp impairments from factoring undertakings, thus depressing the overall group...

  • Keramit Bathroom Centre is 50, now in its third generation

    In 1964, as Malta was on the doorstep of achieving its independence, Francis Pisani was also about to start a new business venture. He was preparing to open a small modest shop in Birkirkara, dealing in ceramic tiles and bathroom suites. The name...

  • Middlesea employees at fire training course

    Middlesea employees at fire training course

    A group of Middlesea Insurance employees attended a basic fire awareness training course at the International Safety Training College. “At Middlesea Insurance, we go beyond training employees just in their specific field of work. Through courses...

  • President updated on Lifecycle Challenge

    President updated on Lifecycle Challenge

    Participants of this year’s Actavis Lifecycle Challenge met President Marie-Louise Coleiro Preca at the Palace in Valletta. During the meeting the committee, cyclists and back-up team discussed with the President the various initiatives that the...

  • Century 21 Real Estate tops home buyer/seller satisfaction study

    Century 21 Real Estate tops home buyer/seller satisfaction study

    Century 21 Real Estate, the iconic brand with the world’s largest real estate franchise sales organisation, has been ranked highest in overall customer satisfaction by the J.D.Power 2014 Home Buyer/Seller Satisfaction Study. Century 21 comprises...