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  • Shares rise on rebound in oil prices

    Stock markets worldwide rose modestly yesterday after a landmark nuclear deal between Tehran and six global powers left sanctions on Iran in place for now, spurring gains in energy shares, while expectations for weak corporate results capped US...

  • Corporate social responsibilities

    Corporate social responsibilities

    Maltapost is contributing to Dr Klown’s fundraising campaign Nose On, by supporting the entire delivery process: packing; labelling envelopes; and delivering the red noses. The campaign encourages groups of people or individuals to purchase a red...

  • Local equities remain buoyant

    The share index advanced for the third consecutive session with a further 0.1 per cent increase to 4,142.819 points as various equities edged higher during this morning’s session. Among the large cap equities, the share price of HSBC inched 0.5...

  • Nintendo CEO who broadened video game appeal dies of cancer

    Nintendo CEO who broadened video game appeal dies of cancer

    Nintendo Co. Ltd chief executive Satoru Iwata has died of cancer, months after he led the Japanese video-game maker’s belated entry into mobile gaming following years of declining sales. He was 55. The death of the hands-on CEO and president,...

  • Money market report for the week ended July 10

    On Monday, July 6, the European Central Bank announced its weekly main refinancing operation (MRO). The auction was conducted on Tuesday, July 7, and attracted bids from euro area eligible counterparties of €74.46 billion, €1.95 billion lower than...

  • Genel puts exploration on hold

    Genel puts exploration on hold

    Genel Energy has put all exploration work on hold for this year to rein in costs, the London-listed oil producer said yesterday, as it awaits nearly $400 million in oil sales payments from the Kurdistan Regional Government (KRG). Genel’s decision...

  • Oil tumbles as Iran nuclear deal looms

    Oil tumbles as Iran nuclear deal looms

    Oil prices tumbled yesterday as Iran and six world powers closed in on a nuclear deal that would end sanctions on the Islamic Republic and let more Iranian oil on to world markets. News of a unanimous agreement by European leaders on a bailout...

  • Greek agreement lifts equities, but doubts remain

    World equity prices climbed yesterday as investors welcomed a conditional agreement to negotiations aimed at keeping Greece afloat with a bailout and within the eurozone. European equities jumped almost 2 per cent while Wall Street gained about 1...

  • China’s payments system scaled back; trade deals only – sources

    China’s payments system scaled back; trade deals only – sources

    China is set to launch a watered- down version of its long-awaited international payments system, using it only for cross-border yuan trade deals rather than also including capital-related transactions, two people with direct knowledge of the...

  • MSE Share Index up as large caps rise

    MSE Share Index up as large caps rise

    The MSE Share Index edged 0.2% higher to 4,136.686 points as three of the large caps all closed higher on the stock exchange today. GO plc continued to perform positively with an increase of a further 1.1% to a fresh multi-year high of €3.58...

  • Online business directory launched

    Online business directory launched

    A new online business directory aimed at giving Maltese companies a boost in international markets has been launched. The Malta Business Book, operated by Web Matters Limited, lists hundreds of companies who collectively offer thousands...

  • Diversification through the MSCI World Index

    Diversification refers to the spreading of risk by placing assets in a variety of investment classes and in a broad range of investments within each class. Unfortunately, a lot of investors do not have well-diversified portfolios. When markets are...

  • The fragility of normality

    The fragility of normality

    Many have a very low threshold for boredom. They easily become frustrated when everything remains the same in their lives for far too long. They seek excitement and new experiences to spice up their lives. They may be quite busy people who have...

  • UK’s minimum wage boost will not bring riches for all

    UK’s minimum wage boost will not bring riches for all

    Britain’s Conservative politicians cheered and pumped their fists on Wednesday when finance minister George Osborne announced a bumper increase in the minimum wage, but the economic gains from the change are likely to be much more muted. The plan...

  • ­­­Shipping movements

    The following ships are expected in Malta: The CMA CGM Titus from Fos-sur-Mer to Suez, the Pollux from Antalya to Antalya, the Saint Roch from Misurata to Misurata, the CMA CGM Christoph Colomb from Le Havre to Khor al Fakkan (all CMA CGM Malta...

  • Parallel importation is causing ‘distress’ – PwC

    Parallel importation is causing ‘distress’ – PwC

    A predominantly positive picture painted by local importers and distributors has been marred by “a particular level of distress” as a result of parallel importation. A survey of the sector by PwC conducted in June found that 40 per cent of...

  • Government expenditure almost half of EU GDP

    The money spent by the governments of the 28 EU member states represents half the union’s GDP – but the amount varies from 35 per cent in Lithuania and Romania to more than 57 per cent in Finland, France and Denmark. The average for the EU 28 was...

  • Six million visit Expo Milan 2015

    Expo Milano 2015 has attracted six million people in just two months, with over eight million tickets sold. A number of pavilions have been particularly successful, with the Brazilian and American ones already attracting a million each. France has...

  • Over 90% accept IHI bid

    Over 90 per cent of the shareholders in the Island Hotels Group have so far accepted the offer made by the International Hotel Investments (IHI), the company said. IHI received acceptances in respect of 94.28 per cent of the entire issued share...

  • Medichem passes US FDA inspections

    Medichem’s plant in Celrà (Girona) has passed a US Food and Drug Adminis­tration inspection without any observation, for the sixth consecutive time. In February, Malta’s plant went through its second consecu­tive inspection without any Form 483...