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  • Fixing the public health service

    Fixing the public health service

    European countries like the UK, France, Malta and Cyprus that provide public medical services that are free at the point of delivery are under constant pressure to ensure that their healthcare system is financially viable. This often means tough...

  • Nearly half of Britons see interest rate hike in next 12 months – BoE

    Nearly half of Britons see interest rate hike in next 12 months – BoE

    Nearly half of Britons now expect the Bank of England to raise interest rates from record low levels over the next 12 months, the highest proportion in more than three years, a poll has shown. The BoE’s quarterly inflation attitudes survey showed...

  • BP can absorb new oil spill fine, analysts say

    BP can absorb new oil spill fine, analysts say

    BP should be able to meet the cost of up to $18 billion of new fines for the 2010 Gulf of Mexico oil spill without major asset sales or a big cut in its dividend, analysts say. The oil group’s shares dropped nearly 6 per cent on Thursday after US...

  • Shipping movements

    The following ships are expected in Malta: The CMA CGM Meknes from Algiers to Bejaia, the Vega Aquila from Thessaloniki to Piraeus, the Anna Shepers from Valencia to Livorno, the Violet from Tanger Med to Gemlik (all Carmelo Caruana Co. Ltd), the...

  • ‘Chinese visas still taking too long’

    ‘Chinese visas still taking too long’

    European countries are doing all they can to reduce the time it takes to process visas but it is still taking too long to issue such travel permits to visit Malta, according to Michael Zammit Tabona. “Italy and France process some 500 applications...

  • Retail drop in Malta largest in EU

    Retail drop in Malta largest in EU

    Malta saw a drop in retail trade of 2.5 per cent in July, compared with a year earlier, the highest decrease in the EU. The EU saw retail trade recover by one per cent over that 12-month period, with the highest increases being seen in Luxembourg...

  • Go finalises €12m acquisition of Cypriot company

    Go has bought 25 per cent of the shareholding in Cablenet Communications Systems from Nicolas Shiacolas, the beneficial owner of Cablenet’s entire issued share capital. The acquisition follows the necessary regulatory approval from the Competition...

  • When can you arrest a vessel?

    When can you arrest a vessel?

    Our firm was instructed to give advice to the owners of the Atlantik following the departure of the Atlantik from Malta and after the owners of the Atlantik found out that the vessel had caused quite a stir in Malta due to the news that on April...

  • 25 complaints per month on telecoms

    25 complaints per month on telecoms

    The Malta Communications Authority (MCA) received 155 complaints in the first six months of 2014, an average of around 25 complaints per month. Similar to the complaints received between January and June in 2013, the most common complaints relate...

  • EY Malta to launch economic updates

    EY Malta, supported by the Ministry for Finance and the University of Malta, is launching its first in a series of events relating to EY’s forecasts on the rurozone and the Maltese economy. This series, to be held on a quarterly basis, will...

  • Is employee training a cost or an investment?

    Is employee training a cost or an investment?

    One of the ways in which companies are responding to increased business competition is by evaluating their employee turnover. Employers are in fact questioning themselves what is coming at a higher cost: whether it is the employee turnover or...

  • Ryanair close to placing $10bn Boeing order

    Ryanair close to placing $10bn Boeing order

    Ryanair is in advanced talks to buy around 100 of a high-density version of Boeing’s 737 Max jetliner in a potential $10 billion (€7.7bn) deal that could be finalised in weeks, two people familiar with the matter said. The move comes two months...

  • Lufthansa Group raises its operating profit

    Lufthansa AG reported an operating profit of €114 million for the first six months of 2014, an improvement of €41 million on the €73 million of the same period last year. Lufthansa Technik achieved a first-half operating profit of €206 million,...

  • Emirates SkyCargo beats the heat

    Emirates SkyCargo beats the heat

    This summer, Emirates SkyCargo is carrying thousands of tons of temperature-sensitive commodities to all corners of the globe through its international hub of Dubai. Whether fresh flowers from Nairobi headed to Amsterdam, fish from Cape Town to...

  • Banking equities lift MSE index higher

    Banking equities lift MSE index higher

    The Malta Stock Exchange (MSE) index registered its strongest weekly gain so far this year, to close the week at a four-week high of 3,357.495 points – a 1.88 per cent increase over the previous week. Banks provided support to the broader index,...

  • ECB unexpectedly cuts rates to new lows

    In its policy meeting, the European Central Bank (ECB) unexpectedly cut interest rates, reducing all its three main rates by 10 basis points. The deposit rate is now -0.2 per cent. The vast majority of economists polled in a survey by Bloomberg...

  • Company briefs

    Company briefs

    The new Fiat 500 Cult is now on show at the Fiat showroom in Psaila Street in Birkirkara. Launched earlier this year at the 2014 Geneva Motor Show, the 500 Cult introduces new style and technological content. These include three new 16” alloy...

  • UK pensions: freedom and choice

    UK pensions: freedom and choice

    The biggest reforms to UK pensions in almost a century are underway. These reforms will change drastically the way savers can access their pensions. The pension reform was first announced in the UK March Budget. Some initial changes came into...

  • Maltese doctor is vice president and CEO of Mayo Clinic in Florida

    Maltese doctor is vice president and CEO of Mayo Clinic in Florida

    The Mayo Clinic board of trustees has named Gianrico Farrugia vice president and CEO of its campus in Jacksonville, Florida. Dr Farrugia is a professor of medicine as well as physiology and biomedical engineering. He has been with Mayo Clinic for...

  • Vessel services provider accredited

    Vessel services provider accredited

    Blue Border Holdings’ mari-time security division has obtained the international ISO9001:2008 accreditation for the provision of security services to vessels. This confirms the company’s position as a growing maritime security provider and is...

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