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  • IHI and MIA drag MSE index lower

    IHI and MIA drag MSE index lower

    During the four-day trading week, the Malta Stock Exchange (MSE) index drifted further in the red, as losses in International Hotel Investments plc (IHI) and Malta International Airport plc (MIA) outweighed gains primarily in HSBC Bank Malta plc...

  • German GDP contracts over Ukraine tension

    The German economy suffered a surprise contraction in the second quarter, its first in more than a year. According to the Federal Statistics Office, German GDP declined 0.2 per cent in the second quarter. Foreign trade, which is a driver of German...

  • Company briefs

    Company briefs

    Rolling Geeks has introduced an innovative way to tour the culturally rich Cottonera area south of Grand Harbour. Visitors can rent electric-powered cars equipped with a pre-programmed GPS system that guides them on the 18-kilometre route while...

  • Challenging crisis management

    Challenging crisis management

    I don’t know about you, but I’m still missing the World Cup. The past edition was very interesting and surprising. It certainly taught a few teams and a number of players some important lessons. Lessons in strategy, style, conduct and, above all,...

  • Engel & Völkers Sara Grech launches commercial division

    Engel & Völkers Sara Grech launches commercial division

    Engel & Völkers Sara Grech has launched an independent commercial division to complement the residential real estate services for both sales and rentals. The new business line will be headed by sales director Pal Patrik Tarcza, who has 10 years’...

  • Foreigner’s guide to buying, renting property in Malta

    Foreigner’s guide to buying, renting property in Malta

    Frank Salt Real Estate has published the latest edition of Malta Your Island Home, a comprehensive guide for foreigners looking to purchasing or renting property or take up residence in Malta or Gozo. The guide was conceptualised over 25 years ago...

  • Fimbank Group announces its ­half-yearly results

    Fimbank Group announces its ­half-yearly results

    Fimbank Group announced its results for the six months ended June 30. The period under review was marked by positive operating results, which were impacted by sharp impairments from factoring undertakings, thus depressing the overall group...

  • Keramit Bathroom Centre is 50, now in its third generation

    In 1964, as Malta was on the doorstep of achieving its independence, Francis Pisani was also about to start a new business venture. He was preparing to open a small modest shop in Birkirkara, dealing in ceramic tiles and bathroom suites. The name...

  • Middlesea employees at fire training course

    Middlesea employees at fire training course

    A group of Middlesea Insurance employees attended a basic fire awareness training course at the International Safety Training College. “At Middlesea Insurance, we go beyond training employees just in their specific field of work. Through courses...

  • President updated on Lifecycle Challenge

    President updated on Lifecycle Challenge

    Participants of this year’s Actavis Lifecycle Challenge met President Marie-Louise Coleiro Preca at the Palace in Valletta. During the meeting the committee, cyclists and back-up team discussed with the President the various initiatives that the...

  • Century 21 Real Estate tops home buyer/seller satisfaction study

    Century 21 Real Estate tops home buyer/seller satisfaction study

    Century 21 Real Estate, the iconic brand with the world’s largest real estate franchise sales organisation, has been ranked highest in overall customer satisfaction by the J.D.Power 2014 Home Buyer/Seller Satisfaction Study. Century 21 comprises...

  • Pension reform: taking a back-to-basics approach

    Pension reform: taking a back-to-basics approach

    The topic of pensions has been featuring on the local agenda for decades. Stakeholders voice their opinions on what needs to done, but unfortunately these often focus on a narrow perspective which interests their own lobby group. Politicians,...

  • European Commission presses car rental companies to stop discriminatory practices

    Three car rental companies have been given until August 30 to report to the European Commission on what they were doing to stop discriminatory practices. The European Commission recently sent a letter to the CEOs of six international car rental...

  • HSBC shares recoup 2.6 per cent

    The MSE index declined by 0.7 per cent adding on to last week’s negative returns, to close at 3,307.581 points during this holiday- shortened week. A total of 15 equities were active of which five gained, eight fell in value while two closed...

  • UK economy grows at fastest annual pace in more than six years

    Britain’s economy kept up its strong growth in the second quarter of 2014 and its yearly pace of expansion was revised up to 3.2 per cent, its best performance in more than six years, official data showed yesterday. Gross domestic product expanded...

  • Ukraine news knocks stocks

    Global equity markets retreated yesterday on news that Ukraine forces had engaged a Russian armoured column on Ukrainian soil overnight, while yields on benchmark German bunds plumbed record lows below one per cent. Ukraine said its forces had...

  • Cisco to take $700m in restructuring costs over next 12 months

    Cisco to take $700m in restructuring costs over next 12 months

    Network equipment maker Cisco Systems Inc. said it would take restructuring charges of $700 million in cash in the year ending July 2015 related to its plan to cut 6,000 jobs. Cisco shares were down 1.5 per cent at $24.82 in pre-market trading on...

  • China graft crackdown helps drive money into Australian property

    China graft crackdown helps drive money into Australian property

    More wealthy Chinese are moving their money out of China to invest in Australia’s property market as a corruption crackdown in the world’s second biggest economy gathers momentum, property consultants and lawyers said. They said their clients had...

  • Lessons from history

    On what is regarded by many Maltese as being the peak holiday weekend of summer, I have relied on some material passed on to me by colleagues. As such, this week’s contribution will deal with two snippets which both provide some food for thought.

  • Germany, France paint dismal eurozone picture

    Germany, France paint dismal eurozone picture

    Germany’s economy shrank in the second quarter and France again managed to conjure up no growth, data showed yesterday, snuffing out any signs of a recovery in the eurozone which is now weighed down by tit-for-tat sanctions with Russia. Europe’s...

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