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  • As Brexit vote looms, US banks review European commitments

    If Britain votes to leave the European Union in June, some US banks could give up parts of their business in the bloc altogether. The option is an extreme scenario under consideration by some Wall Street firms if the terms of an exit, currently a...

  • Vodafone reports underlying earnings growth after European recovery

    Vodafone reports underlying earnings growth after European recovery

    Vodafone said its earnings growth would accelerate this year after a programme to improve its networks boosted demand in Europe and helped the group to return to underlying growth in 2016 revenue and core earnings for the first time since...

  • Wary of hitting limits, ECB holds back on Portuguese, Irish bond buys – sources

    Wary of hitting limits, ECB holds back on Portuguese, Irish bond buys – sources

    The ECB limited its sovereign debt buys of Portuguese and Irish bonds last month due to concerns about hitting its purchase caps, central banking sources said, in a move that could mean those countries stand to benefit less from the scheme. With...

  • Rate hike concern weighs on global stocks as oil rises

    Stocks fell on Wall Street yesterday after strong US inflation data increased the probability of a rate hike from the Federal Reserve, while a global gauge of stocks ticked lower. The US dollar lost ground against a basket of currencies. Crude oil...

  • Two new faces for BOV's management board

    Two new faces for BOV's management board

    Bank of Valletta has appointed a new chief operations officer and chief business development officer (credit).  Ernest John Agius will make the step up to chief operations officer after having served as BOV's change management executive. He will...

  • Trading activity soars to a near 9-week high

    Trading activity soars to a near 9-week high

    The MSE Share Index ended marginally lower as it retreated by just 0.04% from its highest level in almost two weeks to 4,567.887 points today. Most notably, trading activity was spread amongst various equities and volumes were robust as they...

  • It is all about having a good product

    I have been struggling over the past few days to try and come up with a theme for this week’s article. Shall I write about the markets and current developments? Or perhaps continue with the string of educational articles (there’s more of them...

  • Same old problems for G7 finance ministers

    Same old problems for G7 finance ministers

    Finance ministers from the world’s largest developed economies met in Germany a year ago against a backdrop of faltering global growth, scant inflationary pressures and the latest chapter in the Greek debt crisis. When they and their G7 central...

  • Money market report for the week ended May 13

    On Monday, May 9, the European Central Bank announced its weekly main refinancing operation (MRO). The operation was conducted on Tuesday, May 10, and attracted bids from euro area eligible counterparties of €51.44 billion, €2.11 billion lower...

  • Finance Malta conference to focus on innovation

    Finance Malta has chosen Sustaining Growth through Innovation as the theme of its ninth annual conference being held on May 26. “The financial services industry is changing rapidly with an ongoing transformation of the traditional banking, finance...

  • HSBC axes 840 IT jobs in Britain in first big wave of planned cuts

    HSBC axes 840 IT jobs in Britain in first big wave of planned cuts

    Europe’s largest bank started laying off 840 information technology workers in Britain yesterday, the first big tranche of redundancies under a restructuring plan that will eliminate 8,000 British jobs by the end of next year. Most of the staff...

  • Oil price up while global equities rise

    Crude futures hit a six-month high yesterday as output disruptions were expected to cut into a long-standing glut in the market, while higher commodity prices boosted basic materials and energy shares. The benchmark US Treasury yield rose after...

  • Beyond market adjustments

    The S&P 500 is currently trading at a few percentage points away from its all-time high and over 44 percent above the pre financial crisis of 2007/2008. Despite European indices not performing well this year the German DAX is still trading 21...

  • Advent of the Fourth Industrial Revolution

    Advent of the Fourth Industrial Revolution

    It is so easy to get frustrated with what is wrong with current global socio-economic developments. Many feel that today’s world lacks the good political leadership that is so essential for long-term prosperity based on sustainable economic...

  • ­­­Shipping movements

    These ships are expected in Malta: The Turnberry Kontor from Split, the CMA CGM Callisto from Fos-sur-Mer to Damietta, the AS Mars from Varna to Avcilar (all CMA CGM Malta Agency Ltd), the MV Eurocargo Napoli from Salerno to Salerno, the MV...

  • Skills gap in the financial services market segment

    Skills gap in the financial services market segment

    Malta’s financial services industry has grown very rapidly in the past years and it reached a 12 per cent total contribution to the GDP in 2015. Asset management firms, trust and fiduciary business and corporate services have been the top drivers...

  • EU book by Briguglio

    Small States and the European Union – Economic Perspective is a new book published by Routledge and edited by Lino Briguglio, who directs the Islands and Small States Institute at the University of Malta. The book deals with the EU’s small and...

  • Misco report lists most popular employee benefits

    When it comes to the management of employee rewarding, there is little, if any, dynamism in the way local organisations offer employee benefits and, as such, there is scope for further development and flexibility in the benefits offered to...

  • Improving SMEs’ edge through the supply chain

    Improving SMEs’ edge through the supply chain

    Ronald Cuschieri has graduated with a Doctor in Philosophy in Operations and Information Management at Aston University, Birmingham, UK. Through his research, Ing. Cuschieri developed a holistic supply chain integration theore­tical framework for...

  • More French companies seek to operate in Malta

    More French companies seek to operate in Malta

    The Malta French Chamber of Commerce hosted a social networking event at the Maritime Museum in Vittoriosa where Chamber members had the opportunity to network and explore potential new business collaborations. Thanking members and guests for...