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  • Housing trends in five diverse European cities

    Housing trends in five diverse European cities

    Coldwell Banker Real Estate LLC has released a snapshot look on several international housing markets. The information was provided by local Coldwell Banker affiliates in featured markets based on their views of recent housing trends for five...

  • New concept for cultural entertainment

    New concept for cultural entertainment

    Cultural Events Band (CEB) will be launching with an event themed ‘Bridge on fire’, to be held on September 8 on the Valletta breakwater bridge. Guests will be entertained by upcoming Maltese artists including Red Electrick and CEB Buskers, who...

  • St John Association (Malta) holds AGM

    St John Association (Malta) holds AGM

    The St John Association (Malta) held its annual general meeting at its headquarters in Valletta, presided over by its chairman, Chief Justice Emeritus Professor J. J. Cremona. Members of the St John Council, officers and members of St John...

  • New trends in research funding

    New trends in research funding

    The University of Malta is expanding its research activities from curiosity-driven studies to result-driven breakthroughs thanks to a cultural shift and generosity of the Maltese through their contribution to the Research, Innovation and...

  • Air Malta appoints new deputy CCO

    Air Malta appoints new deputy CCO

    Air Malta has begun a drive to rebuild its management team, starting with the appointment of Joseph Galea as deputy chief commercial officer. Galea, 50, has worked for Malta’s tourism sector for the past 23 years, most recently as the...

  • National airline moves to new EU regulations

    National airline moves to new EU regulations

    Air Malta is among the first of more than 20 operators holding an Air Operators Certificate (AOC) to have successfully completed the transition to the new European regulations. The national airline has subsequently been issued with a European...

  • Italy approves economic package amid scepticism

    Italy approves economic package amid scepticism

    Italy has pushed through a package of support measures for the economy that offers some help to businesses, but pressure is rising on Prime Minister Matteo Renzi to take more significant steps to pull the country out of recession. Among the more...

  • BOJ offers bleaker exports view

    The Bank of Japan offered a bleaker view on exports and output a week before data is expected to show the biggest contraction in economic activity since the global financial crisis, heightening concerns a rebound may be delayed and increase...

  • European shares sink to lowest close since March due to concern over Iraq

    European shares fell yesterday, for the seventh time in eight sessions, on growing nervousness after US warplanes struck in Iraq for the first time since American troops pulled out in 2011. The FTSEurofirst 300 index of top European shares ended...

  • TUI Travel is on track after latest profits jump 21%

    TUI Travel, Europe’s biggest tour operator by revenues, looks on track to meet its annual profit growth goal after a 21 per cent jump in third quarter profits, powered by sales of holidays with a higher margin. The British company is currently in...

  • Banking equities drag index lower

    The MSE index fully erased last week’s gains as it slipped by 1.91 per cent, to close at 3,331.346 points. Activity was spread across 20 equities of which six advanced, seven lost ground and another seven closed unchanged. Loqus Holdings plc...

  • Russian rouble close to all-time low over ban

    The rouble ended the week close to an all-time low following Moscow’s decision to ban most food imports from the West in retaliation for sanctions over Ukraine and warnings from Nato that Russia appeared ready to invade its neighbour. Analysts...

  • Malaysia Airlines is set for complete overhaul

    Malaysia Airlines is set for complete overhaul

    Malaysia’s government will carry out a “complete overhaul” of its troubled national airline in an attempt to revive the loss-making company after it was hit by two devastating jetliner disasters this year. The move yesterday to de-list Malaysia...

  • Various equities trade during week's final session

    Various equities trade during week's final session

    In contrast to yesterday’s session which was characterised by weak volumes, trading activity increased considerably during the final trading session of the week. The MSE Share Index shed 1.7 per cent to 3,331.346 points as six equities closed...

  • MSV Life upgrades software

    MSV Life plc is implementing Allfinanz Interview Server software from Munich Re Automation Solutions Ltd to accelerate new business growth and improve customer acquisition and service. A Munich Re Allfinanz team visited MSV last week and...

  • Structure of government debt

    Last week’s contribution referred to fiscal sustainability. I also referred to the claim made by an IMF analyst that: “Fiscal frameworks actively discourage investment and imply pro-cyclicality and tightening at the most difficult times”. He also...

  • ECB keeps rates low as Ukraine casts cloud over Europe

    ECB keeps rates low as Ukraine casts cloud over Europe

    The European Central Bank yesterday held borrowing rates as it pinned its hopes on lending measures to bolster a struggling eurozone economy facing further damage from the Ukraine conflict. Having cut interest rates to record lows in June, the...

  • Nestlé announces a share buyback

    Nestlé, the world’s biggest food group, announced an 8 billion Swiss franc share buyback and stood by its full-year sales forecast yesterday, after revenue growth in emerging markets picked up in the second quarter. Its comments came after...

  • Adidas spending on marketing, stores to hit operating margins

    Adidas spending on marketing, stores to hit operating margins

    Adidas, the world’s second-biggest sportswear firm, cut its profit margin target for 2014 yesterday, saying it would increase spending on marketing and an expansion of its own-run stores a week after it issued a profit warning. The German group is...

  • European sharesdown following Russia sanctions

    European shares and the euro fell yesterday and investors moved to safe-haven government debt after a stronger-than-expected move by Russia to ban certain imports from Europe and the United States. Early gains on Wall Street faded, with the S&P...