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  • Nokia is in talks to buy Alcatel-Lucent

    Nokia is in talks to buy Alcatel-Lucent

    Nokia is in talks to buy Alcatel-Lucent, a deal that could create a European telecoms equipment group worth over €40 billion, and cut costs at two of the industry’s weaker players. In a joint announcement, the Finnish and French companies said...

  • Oil rises on US production bets as stocks end flat

    Crude prices rose yesterday after a surprise drop in expectations for US shale oil production while the dollar fell and stocks edged lower with investors focused on US corporate earnings and retail sales data. US stocks were little changed as...

  • RS2 and 6pm advance ahead of results

    RS2 and 6pm advance ahead of results

    The share prices of the two IT companies, RS2 Software plc and 6pm Holdings plc, both advanced ahead of the publication of their 2014 financial statements in the coming days. The equity of RS2 closed 0.3% higher at a new record of €3.00 on high...

  • Opportunities abound for private sector to invest in ethical pensions

    Opportunities abound for private sector to invest in ethical pensions

    What is the distinction between ethical pension and regular pension funds? Ethical funds are those which purport to invest in companies and other organisations that do not harm individuals, the community or the physical environment. They have...

  • Money market report for the week ended on April 10

    On Thursday, April 2, the European Central Bank announced its weekly main refinancing operation (MRO). The auction was conducted on Tuesday, April 7, and attracted bids from euro area eligible counterparties of €108.26 billion, €4.67 billion...

  • Australian manufacturers fearing Shell-BG deal may hurt gas market

    Australian manufacturers fearing Shell-BG deal may hurt gas market

    Some of Australia’s biggest manufacturers fear a planned $70 billion takeover of BG Group Plc by Royal Dutch Shell could potentially worsen what they see as a lack of competition in the country’s eastern gas market. Manufacturing Australia, a...

  • Shell sells 185 UK petrol stations

    Shell has agreed to sell 185 service stations across Britain to two independent dealers, it announced yesterday, further reducing its presence in the European retail energy market. Shell announced downstream and retail divestments last year in...

  • Hotel chain Travelodge exploring sale option

    The owners of UK budget hotel chain Travelodge are preparing to appoint advisers to consider strategic options, including a sale that may value the company at more than £1 billion, the Times reported on Sunday. Citing people familiar with the...

  • China’s March exports shrink 15% in shock fall

    China’s March exports shrink 15% in shock fall

    China’s export sales contracted 15 per cent in March, a shock outcome that deepens concern about sputtering Chinese economic growth. The tumble in exports –the worst in about a year – compared with expectations for a 12 per cent rise and could...

  • Stocks edge up, oil gains despite poor China data

    Crude prices yesterday added to last week’s gains on bets on a slowdown in US oil production, while stocks on major markets drifted higher despite a surprisingly large fall in Chinese exports that heightened concern over demand for...

  • Russia supplying grains and other goods to Iran in exchange for oil

    Russia has started supplying grains, equipment and construction materials to Iran in exchange for crude oil under a barter deal, Russian Deputy Foreign Minister Sergei Ryabkov said yesterday. Russia has been an ally of Iran in international talks...

  • Taiwan rejected as founding member of Beijing-led multilateral bank

    Taiwan yesterday expressed regret after China rejected its bid to become a founding member of the Beijing-led Asian Infrastructure Investment Bank (AIIB), though China said Taiwan is welcome to join as an ordinary member in the future. In a...

  • RS2 and MaltaPost close at all-time highs

    RS2 and MaltaPost close at all-time highs

    The share price of RS2 Software plc edged up by 0.4% to end this morning’s session at its all-time high of €2.99 across seven deals totalling 16,400 shares. The IT Group has yet to announce the date of the Board meeting for the publication of the...

  • Missing dimensions in educational reform

    Missing dimensions in educational reform

    If there is one axiom that most politicians or sociologists agree on, it is the importance of education to give every individual the best chance to succeed in life. As various countries struggle to find the Holy Grail of economic success in the...

  • Does having happy employees make for a healthy stock price?

    Does having happy employees make for a healthy stock price?

    When BlackRock, the world’s largest asset manager, evaluates potential stock purchases, its managers look at all the usual financial metrics. Some of them also consider something much harder to quantify: employee sentiment. “We look for companies...

  • ­­­Shipping movements

    The following ships are expected in Malta: The BF Nilou from Sfax to Skikda, the Violet from Aliaga to Tanger Med, the BFP Galaxy from Skikda, the Xin Xia Men from Fos-sur-Mer to Suez, the CMA CGM Gemini from Le Havre to Khor al Fakkan (all...

  • State to pay Go €360,000 for universal service obligations

    State to pay Go €360,000 for universal service obligations

    The government will be paying Go €359,967 to cover the costs it incurred in 2010 in connection with the provision of various universal service obligations (USO), after the Malta Communications Authority agreed that it “suffered an unfair burden to...

  • Aurobindo to quadruple capacity

    Aurobindo to quadruple capacity

    Aurobindo will be investing a further €6 million in its Malta plant, creating the largest analytical testing facilities in Europe, and quadruple its current testing capacity. Works on the extension started last December and are expected to be...

  • Second phase of Melita data colocation centre complete

    Second phase of Melita data colocation centre complete

    Melita is close to opening the second phase of its data colocation centre in Madliena, which is 10 times as large as its first phase, effectively doubling the aggregate national capacity. The first phase of the colocation centre, which hosts...

  • JTC gets CSP status

    JTC gets CSP status

    JTC has been approved by the Malta Financial Services Authority to act as a company service provider to third parties, including corporate entities. As one of the first service providers in Malta to be granted this status, JTC (Malta) Ltd is now...

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