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  • China opportunities from a European perspective

    China opportunities from a European perspective

    As China’s economy matures, new opportunities for Europe’s manufacturing and services industries are emerging, but to make the most of them companies need to seize the chance before their international competitors. From a European perspective, for...

  • Jimmy Choo IPO pricing values firm at up to $1.1bn

    Jimmy Choo IPO pricing values firm at up to $1.1bn

    Luxury shoe company Jimmy Choo is on course to join London’s main stock market with a value of up to $1.1 billion, industry sources said yesterday, citing the initial price range quoted by banks arranging the sale. The company, whose shoes cost up...

  • Stocks extend rally on US jobs data as dollar falls

    Global equity markets extended a rally yesterday that drew strength from a US jobs report last week that bolstered confidence in the American economy, but the dollar fell and stocks on Wall Street eased as vola-tility picked up. Brazil’s benchmark...

  • Euro Disney agrees to funding deal backed by Walt Disney Co.

    Euro Disney agrees to funding deal backed by Walt Disney Co.

    Euro Disney said yesterday it had agreed a €1 billion funding deal backed by its largest shareholder, the Walt Disney Co., which includes a share sale and a debt restructuring, to allow it to invest in the business. Euro Disney, the entertainment...

  • Eurozone sentiment falls to lowest level since May 2013

    Sentiment in the eurozone dropped for a third consecutive month in October, hitting its lowest level since May 2013, suggesting the single currency bloc will fall into recession, a survey by Sentix showed yesterday. Sentix research group’s index...

  • Mixed performances across banks’ equities

    The equities of the three large banks were all active today but traded in different directions on the stock exchange. The share price of Bank of Valletta plc eased 0.5% lower to €2.25 on low levels of 5,000 shares. On the other hand, HSBC Bank...

  • Prescriptions for a healthier economy

    Prescriptions for a healthier economy

    In a few days’ time the Minister of Finance will reveal in Parliament the government business plan for 2015. With reports on the economic state of the country regularly hitting the media, one can hardly expect any surprises. The headline economic...

  • ‘France is finished so get your money out’ – John Lewis boss

    ‘France is finished so get your money out’ – John Lewis boss

    France is such a hopeless country where nothing works that investors should pull their money out quickly, the head of British retailer John Lewis said in an extraordinary dinner speech after his train was delayed from Paris. “I have never been to...

  • MCA takes on new functions to promote innovation

    The Malta Communications Authority (MCA) is evolving. It has taken on new functions that allows it to provide a more relevant contribution to the critical and fast-paced communications sector in Malta. According to Edward Woods, chairman at the...

  • ­­­Shipping movements

    The following ships are expected in Malta: The Camellia from Aliaga to Tanger Med, the HS Bruckner from Valencia to Livorno (both Carmelo Caruana Co. Ltd), the Deva from Antwerp to Limassol and the BC Hamburg from Sfax to Misurata (both Thomas...

  • First tenants of Life Sciences park close to agreement

    First tenants of Life Sciences park close to agreement

    Malta Enterprise is at an advanced stage of discussions with a number of companies interested in setting up operations in the Life Sciences Park. These companies represent a broad range of subsectors and niches, from bio-electronics to genome...

  • Shipping and logistics to drive Malta’s growth

    Exports from Malta are forecast to grow by 80 per cent in the coming 15 years, according to HSBC head of trade and receivables in Europe Steve Box, with tremendous opportunities being generated in shipping and logistics for Malta to exploit. The...

  • Maltese project runner-up for European prize

    Maltese project runner-up for European prize

    The EU LIFE+ Investing in Water project from Malta was named a runner-up in the Supporting the Development of Green Markets and Resource Efficiency category at the 2014 European Enterprise Promotion Awards. Seven winners, 12 runners-up and three...

  • Mapfre to acquire Direct Line subsidiaries

    Mapfre has signed an agreement with UK insurer Direct Line Group to acquire its motor insurance subsidiaries in Italy and Germany for €550 million. The businesses in Italy and Germany add premiums of €714 million and 1.6 million clients, and...

  • SSM: ‘A new era for the eurozone’

    SSM: ‘A new era for the eurozone’

    Danièle Nouy, the chair of the Supervisory Board of the Single Supervisory Mechanism (SSM), was recently in Malta and spoke to Kurt Sansone and Vanessa Macdonald about SSMs implications. Can consumers of financial products view the SSM as an...

  • Social media and the workplace: a legal minefield

    Social media and the workplace: a legal minefield

    Less than a year ago, the Oxford English Dictionary, named ‘selfie’ as the winning Word of the Year 2013, with a 17,000 per cent increase in recorded usage over that year. Shorthand for ‘self-portrait photograph’, the word refers to self-portraits...

  • Malta among EU front runners

    Malta is one of eight EU member states in which employment and value added in small and medium-sized enterprises have recovered fully and even surpassed 2008 levels. The ‘front runners’ group comprises Germany, Austria, Sweden, Belgium, Malta,...

  • Melita expand data centre capacity

    Melita is investing in a tenfold expansion of its existing state-of-the-art data co-location services. The new space will double Malta’s existing data centre capacity. The extension is currently under construction and is ex­pected to go live...

  • Bank of Valletta shares lift index

    Bank of Valletta shares lift index

    The Malta Stock Exchange (MSE) index touched a three-week high last Wednesday but then settled marginally lower at 3,350.475 points – a 0.71 per cent rise over the previous week. Contributing to the index’s performance were shares of Bank of...

  • Unemployment in Germany increases for a second month

    German unemployment unexpectedly rose for a second month as seasonal factors combined with economic risks from the Ukraine crisis faltered euro area recovery. The number of people out of work climbed a seasonally adjusted 12,000 in September...

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