Advert

News

  • Bank of Valletta recognised as safest bank

    Bank of Valletta recognised as safest bank

    Bank of Valletta has been named Safest Bank in Malta for 2014 by Global Finance magazine. Global Finance publisher and editorial director Joseph Giarraputo explained that the survey conducted by Global Finance in more than 100 countries provided...

  • IHI shares hinder MSE index from advancing

    Last week, the Malta Stock Exchange (MSE) index closed marginally lower, as advancements registered at the beginning of the week were offset by losses registered in the share price of International Hotel Investments plc (IHI). On the other hand,...

  • First refinancing operation by ECB less than expected

    As part of the European Central Bank’s first targeted refinancing operation, commercial banks on Thursday secured around €83 billion worth of fresh central bank liquidity, which was markedly less than expected. In the meantime, across the...

  • Company briefs

    Microsoft has just announced that Microsoft Dynamics CRM 2015 as well as updates to its Microsoft Dynamics CRM Online and Microsoft Dynamics Marketing services will be generally available in the fourth quarter of 2014. The new updates...

  • Malta’s insurance market

    Malta’s insurance market

    Insurance activities have long been part of Malta’s tradition because of the link with Malta’s maritime trade with other Mediterranean countries. This long tradition can be traced as far back to the 14th century, when Maltese merchants partnered...

  • Real estate agent expands its operations

    Real estate agent expands its operations

    Simon Mamo, the estate agency set up in the 1980s along with Perry, Dhalia, Sara Grech and Frank Salt, had taken the decision to focus on the rental market from early days. As the market evolved and IT became widely available and efficient, Simon...

  • Planes, mazes at City Gate

    Planes, mazes at City Gate

    St George’s Square will be hosting parts of an aircraft and an artistic maze at this year’s Science in the City, to take place on Friday. Lufthansa Technik Malta will be displaying a model aircraft and real-sized sections, while Logix Creative and...

  • WebCheck initiative targets sports

    The implementation of the WebCheck project in the tourism sector, in collaboration with the Malta Tourism Authority, has led the Malta Communications Authority (MCA) to offer a similar initiative targeting the sports sector, in particular, small...

  • Presentation of credentials

    Presentation of credentials

    Maltese WHO director general Margaret Chan and Pan American Health Organisation director Carissa Etienne recently appointed Godfrey Xuereb as the PAHO and WHO representative for Barbados and the eastern Caribbean countries. Dr Xuereb, who is based...

  • Maltese graduate from the Rambert School of Ballet

    Zoe Camilleri has graduated from the Rambert School of Ballet and Contemporary Dance earlier this summer with a BA (Hons). For the past three years, she has lived and trained in London, focusing on ballet and contemporary dance techniques. She...

  • Scottish No ‘a relief’ for businesses

    Scottish No ‘a relief’ for businesses

    New powers for Scotland must be used to boost its competitiveness after businesses breathed a “collective sigh of relief” at the No vote. Simon Walker, director general of the Institute of Directors (IoD), said it was likely that the devolving of...

  • Global shares flat as equities pull back from advance

    Stock markets around the world were little changed yesterday, paring early advances though equities remained on track for a week of strong gains and Alibaba rallied in its trading debut. Equities pulled back from an early advance, pressured by...

  • Alibaba IPO prices at top end of range

    Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion, in a latest sign of strong investor appetite for the Chinese e-commerce juggernaut. At that price, the IPO, one of...

  • GSK fined €381m by China

    GSK fined €381m by China

    China fined GlaxoSmithKline Plc a record 3 billion yuan (€381 million) yesterday for paying bribes to doctors to use its drugs, underlining the risks of doing business there while also ending a damaging chapter for the British drugmaker. A court...

  • Record highs for MIA and RS2

    The Malta Stock Exchange added on to last week’s negative performance with a slight decline of 0.1 per cent, to close at 3,324.085 points. Total activity was spread across 14 equities of which seven gained ground, four declined and three closed...

  • Daily currency report

    The outlook for this week was limitless with the FOMC, Swiss National Bank and Norges Central Bank all holding policy setting meetings. Not only was monetary policy on the line, but the Scottish referendum to stay in the UK, also dominated market...

  • Share index back in positive territory

    Share index back in positive territory

    The MSE share index returned into positive territory with a 0.1 per cent increase to 3,324.085 points level on the back of further support for the equities of Malta International Airport and GO following two consecutive sessions of decline. MIA’s...

  • Still going strong 50 years on

    On Sunday Malta celebrates the 50th anniversary since independence. At the time I was too young to appreciate fully what this meant for our economy. Ffty years on, one feels tangible evidence of the economic progress that our country has achieved...

  • ECB hands out cheap credit to banks to boost economy

    ECB hands out cheap credit to banks to boost economy

    The European Central Bank handed out the first of its new four-year loans to banks yesterday, the flagship tool in a new stimulus package it hopes will stave off price deflation and revive the ailing eurozone economy. Take-up of the €400 billion...

  • US Federal Reserve signals faster but still slow path for rate rises

    Federal Reserve officials nudged their expected path of interest rate increases higher yesterday, but did little to change the outlook for a long slow climb back up to normal monetary policy. The revised rate projections left a deep disconnect...