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  • Why pump prices aren’t falling faster

    Why pump prices aren’t falling faster

    With prices of crude oil in almost free fall on international markets, it is natural for car users to ask why pump prices aren’t falling as fast as the price of crude oil. There are a few reasons. There’s wide agreement that hedging is one of...

  • Enemalta support ‘make or break’ for solar farms

    Enemalta support ‘make or break’ for solar farms

    Solar farms will only succeed if Enemalta sees them as complementary to its own gener-ation, rather than as a threat to its ­revenue, Mark Bajada, the chairman of Bajada New Energy, has warned. “The energy from a solar farm would obviously reduce...

  • Capitalising on solar farm installations

    The government’s decision to provide a policy for the installation of solar farms is wise and welcome. Solar energy is abundant in our country and it can be a stabilising factor in the energy supply for our demand. Diversifying our energy source...

  • ISD: pioneers in local alternative energy

    ISD: pioneers in local alternative energy

    ISD have become pioneers in the local alternative energy market in the last 10 years. The company has achieved such a feat by staying in the forefront of technological changes in the market and offering customers products that have unique...

  • BOV’s share price jumps before turning ex-bonus

    During the last trading day for investors to gain entitlement to the one for 11 bonus share issue of Bank of Valletta, the equity jumped 2.7 per cent to regain the €2.28 level across 16 deals totalling 43,700 shares. The equity turns ex-bonus as...

  • Freedom to provide services is paramount

    In a recent ruling delivered by the Court of Justice of the European Union (CJEU), it was established that the right to provide services across the EU takes precedence over minimum workers’ wages. The ruling concerned a case in which a German...

  • British inflation tumbles to lowest level in over 14 years

    British inflation tumbles to lowest level in over 14 years

    British consumer price inflation plunged to its lowest level since May 2000 last month and looks set to fall further, easing a squeeze on consumers and leaving the Bank of England under no pressure to raise interest rates soon. Reflecting a slide...

  • Oil prices down to lowest level in six years

    Brent and US WTI crude oil prices fell to their lowest levels in almost six years yesterday as a big Opec producer stood by the group’s decision not to cut output to tackle a glut in the market. Oil prices have fallen 60 per cent from their June...

  • Stocks rally on ECB hopes as oil falls further

    Stock markets around the world rallied yesterday, rebounding from recent weakness on investor hopes for new economic stimulus measures from the European Central Bank and on strong early readings on the US earnings season. Despite the gains in...

  • Dubai World $14.6bn debt deal creditor vote set for March 17

    Dubai World $14.6bn debt deal creditor vote set for March 17

    The court administering conglomerate Dubai World’s restructuring yesterday set March 17 as the provisional date for creditors to vote on whether to approve a $14.6 billion debt deal. The Dubai World Tribunal yesterday held its first hearing on...

  • HSBC, IHI drag share index lower

    The share index trended lower for the fifth consecutive session with a further marginal decline during this morning’s session to 3,329.517 points. Today’s decline was due to the losses in HSBC and International Hotel Investments. HSBC initially...

  • Converting a pre-1979 temporary emphyteusis into a lease: is it a violation of owner’s rights?

    Upon the introduction of Act XXIII in June 1979 which amended the Housing (Decontrol) Ordinance, tenants enjoying a temporary emphyteutical concession were given the right to convert the emphyteutical concession into a lease – even if this were...

  • Crude oil prices extend decline as Goldman Sachs slashes forecasts

    Crude oil prices extend decline as Goldman Sachs slashes forecasts

    Oil prices renewed their decline yesterday, dropping below $49 a barrel as Goldman Sachs slashed its short-term forecasts and Gulf producers showed no signs of cutting production. Both Brent and US crude are around their lowest since April 2009...

  • Food issues will not block EU-US trade deal, says German minister

    Disagreements about food safety and farming are not likely to stand in the way of a free-trade agreement between the EU and the US, Germany’s farm minister told Reuters yesterday. The two sides are grappling with how to integrate Europe’s food...

  • Money market report for the week ended January 9

    On Friday, January 2, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The auction was conducted on Monday, January 5, and attracted bids from euro area eligible counterparties of €112.33 billion, €43.79...

  • Jaguar to challenge luxury SUVs in 2016

    Jaguar to challenge luxury SUVs in 2016

    British carmaker Jaguar, known for its sporty sedans, will launch the F-Pace off-roader in 2016, entering the popular luxury sports utility sector in a departure for the 80-year-old brand. Luxury SUVs have long been built by parent company Jaguar...

  • Stocks fall as oil continues slide

    Stock markets around the world mostly fell yesterday as oil prices showed no sign of escaping their downward spiral, prompting further losses in the beleaguered energy sector. Losses were broad in the US equity market, with eight of the 10 primary...

  • Shire to buy NPS for $5.2bn

    Shire Plc has agreed to buy US group NPS Pharmaceuticals Inc for $5.2 billion, the Dublin-based drugmaker’s biggest acquisition yet as it seeks to strengthen its position in the lucrative field of medicines for rare diseases. The takeover...

  • BOV and HSBC reverse last week’s gains

    BOV and HSBC reverse last week’s gains

    The equities of the two large banks had kicked-off the New Year in positive territory. However, both share prices started to decline during the latter part of last week and this trend continued during this morning’s session of the stock...

  • January sets the tone for equities

    The earning season kicks off today in the US with Alcoa. The fourth quarter of 2014 will be a tale of two earnings seasons: the best of times and the worst of times. Companies that benefit from lower energy prices should generally report positive...

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