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  • Wall St heads into worst earnings season in six years

    Wall Street is greeting what is expected to be the worst earnings season since 2009 with a gigantic shrug. Though there has been some selling in recent weeks, there’s been no panic dumping of stocks, even though forecasts for S&P 500 first-quarter...

  • Gain CEO says Swiss franc fallout will cause brokers more pain

    Retail currency brokers survived the Swiss franc’s surge in January, but they will take more hits as some choose not to pursue bankruptcy clients who lost money, according to the head of one of the market’s biggest players. Speaking to Reuters...

  • Daily currency report

    A generally stronger US dollar notched one-week highs, a reflection of the tug of war over US rate hike expectations showing momentum building for the side pulling for a sooner move by the Federal Reserve. The dollar was dealt a setback last week...

  • Volatile week for BOV’s equity

    During the final trading session this week, the share index advanced by 0.8 per cent to 3,766.201 points mainly due to gains in the share prices of BOV and GO. Despite the upturn today, the equity benchmark still closed the week 1.1 per cent lower...

  • The limitations of ‘big data’

    Every marketing person has been hounded by the term ‘big data’. In case you have not heard, big data is seen as the answer to successful marketing nowadays. One wonders whether it will end up being one of those management fads we had got...

  • Greece makes IMF payment, gets funds but doubts remain

    Greece makes IMF payment, gets funds but doubts remain

    Greece made a crucial payment to the International Monetary Fund and won extra emergency lending for its banks yesterday but it remained unclear whether Athens can satisfy sceptical creditors on economic reforms before it runs out of...

  • ‘Opec will coordinate itself to accommodate renewed Iran exports’

    ‘Opec will coordinate itself to accommodate renewed Iran exports’

    The Organisation of Petroleum Exporting Countries (Opec) will “coordinate itself” to accommodate Iran’s return to oil markets without causing a price crash, Bijan Zanganeh, Iran’s oil minister, said yesterday, during a visit to Beijing. Members of...

  • New technology to slash foreign currency costs for consumers

    New technology to slash foreign currency costs for consumers

    Consumers should pay less than one per cent in fees to exchange currency thanks to changes in financial infrastructure that are gathering pace, says the head of one of Europe’s biggest payment infrastructure providers. That compares to up to 10...

  • European stocks at seven-year high as Greece to repay IMF

    World equity markets rose yesterday, lifted after Greece confirmed it will pay a €450 million loan tranche to the International Monetary Fund and on growing expectations the US Federal Reserve will not raise interest rates until the latter part of...

  • Benefits of environmental management

    The interrelationship between the economy and the environment is central in understanding the underlying reasons why environmental management by organisations is essential. It is widely recognised that the environment is the source of supply for...

  • Company social responsibilities

    Company social responsibilities

    Middlesea supports St John Rescue Corps Middlesea Insurance has signed a three-year sponsorship agreement with the St John Rescue Corps. The support will allow the Rescue Corps to train volunteers and prepare them to provide emergency...

  • BOV’s equity in partial rebound

    Following two consecutive sessions of heavy declines, the share price of Bank of Valletta rebounded by 1.4 per cent during this morning’s session to regain the €2.23,1 level across 18 deals totalling 45,890 shares. The bank’s share price lost 7.9...

  • A long-term view of the auto sector

    There seems to be a consensus amongst investment analysts that the auto sector is one of the most attractive equity investments for 2015. I am of the opinion that this evaluation is fair despite the recent surge in equity prices to record levels.

  • Only handful of companies won’t make energy audit deadline

    Only handful of companies won’t make energy audit deadline

    A handful of companies may not make the December 5 guideline for mandatory energy audits, unless they get them going soon. Charles Buttigieg, the senior policy officer at the Sustainable Energy and Water Conservation Unit, said that around 50...

  • Medavia seeks Air Malta collaboration

    Medavia seeks Air Malta collaboration

    Medavia is to seek a possible collaboration with Air Malta to operate routes on the Maltese national airline’s behalf. This possible collaboration between Medavia and Air Malta had already been explored close to nine years ago without any...

  • Vision needed for Mrieħel

    Vision needed for Mrieħel

    With investments amounting to hundreds of millions of euros planned for Mrieħel, key stakeholders are calling for a long-term vision to solve the stark contrast emerging between the gleaming offices and the shabby industrial estate. A number of...

  • Getting from A to B

    Getting from A to B

    The shipping industry has been consolidating over the years, with the global downturn forcing shipping lines to consolidate – much as airlines code share. The Freeport recently announced that ships from two new alliances – called 2M and 3Ocean –...

  • The quest for fair winds

    The quest for fair winds

    Godwin Zammit has a pretty good idea what impact sailing has on Malta. He has been on the committee of the Royal Malta Yacht Club since 2000, and is now in his third year as club commodore. He has seen the money poured into the island through the...

  • Auditors are not forensic investigators – Booker

    Auditors are not forensic investigators – Booker

    Changes are in the pipeline which will have a dramatic impact on the way that auditing firms handle public-interest entities (PIEs) as from December 2016 – but Deloitte CEO Malcolm Booker is very wary about how this could work in...

  • Scoring an own goal on football rights

    Go has been proudly announcing that it won the exclusive rights to the UEFA Champions League for three more years – but its rival Melita is clearly less than amused. It recently argued (Sunday Times of Malta, March 29), that the fragmentation of...