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  • 50 years of excellence

    50 years of excellence

    Ta’ Marija restaurant in Mosta celebrated their 50th anniversary on Saturday, October 25. The Maltese cuisine restaurant hosted a charity dinner in aid of the Malta Community Chest Fund to mark its milestone. President Marie-Louise Coleiro Preca...

  • HSBC launches Malta’s first real-time online foreign exchange service

    HSBC launches Malta’s first real-time online foreign exchange service

    Commercial customers of HSBC Bank Malta have more reasons than ever to conduct their electronic banking on HSBCnet [www.hsbcnet.com] thanks to the addition of a new foreign exchange service, Get Rate. In a first for banking in Malta, thousands of...

  • Roger Barker is the keynote speaker for MFSA workshop on company services providers

    Roger Barker is the keynote speaker for MFSA workshop on company services providers

    The Institute of Director’s Malta Branch (IoD) chairman James Satariano has announced that IoD, in conjunction with the Malta Financial Services Authority (MFSA) and the Malta Institute of Management (MIM) are holding a workshop on November 13 at...

  • Island goodness

    Island goodness

    It is no secret that Gozo has its very own flavour. Life seems to have more charm in Gozo, colours are more vibrant, time slows down and the air feels fresher. Its seas look bluer, turfs greener and food, most would agree, definitely tastier. One...

  • A proud ­tradition within the building industry

    A proud ­tradition within the building industry

    The family behind CME Finishes has a long and proud tradition within the building industry, having worked within related trades for over four decades. This has given the company a keen eye for products that offer superior quality and value for...

  • BOV drags share index lower

    BOV drags share index lower

    The share index eased minimally lower during this morning’s quiet session to 3,310.838 points largely due to the marginally reduction in the share price of Bank of Valletta. The bank’s equity failed to hold on to an intra-day high of €2.27 as it...

  • Europe’s Banking Union

    Since the inception of an Economic and Monetary Union, the need was felt for stronger mechanisms at EU level aimed at enhancing market integration in the banking sector. In the midst of the debt crisis that hit the banking sector in certain EU...

  • France seen weakest euro performer by EU forecasts

    France seen weakest euro performer by EU forecasts

    France, the eurozone’s second biggest economy, appeared as the weakest performer in European Commission economic forecasts yesterday with below average economic growth, falling investment and deteriorating public finances and...

  • AstraZeneca strengthens cancer business

    AstraZeneca moved to strengthen its core oncology business yesterday with three deals designed to expand the British drugmaker’s reach in treating tumours. The collaborations include an agreement to buy Definiens, a private company that has...

  • Shares fall on ECB report as oil drops on Saudi move

    Global equity markets fell yesterday as European shares dropped and US equities extended declines after a Reuters report saying central bankers in the euro area plan to challenge European Central Bank President Mario Draghi’s leadership style. The...

  • Qatar’s wealth fund to launch $10bn investment fund with China’s CITIC

    Qatar’s wealth fund to launch $10bn investment fund with China’s CITIC

    The Qatar Investment Authority (QIA), one of the world’s most aggressive investors, signed an agreement yesterday with CITIC Group Corp to launch a $10 billion fund that will invest in the region, the chief executive of the Qatari sovereign wealth...

  • Eurozone to avoid recession

    The fragile eurozone will need another year to reach even a modest level of economic growth, the European Commission said yesterday, revising down its forecasts and predicting more of the low inflation and high joblessness that plagues the...

  • Go partially rebounds

    Go partially rebounds

    Go partially rebounded from yesterday’s 3.4 per cent plunge with a two per cent increase during this morning’s session to regain the €2.60 level across shallow volumes of a total of 1,820 shares dealt across five deals. This recovery mainly led to...

  • Emirates welcomes its 100th Boeing 777-300ER

    Emirates welcomes its 100th Boeing 777-300ER

    Emirates has taken delivery of the airline’s 100th Boeing 777-300ER, the world’s largest, long-range twin engine commercial aircraft. The Boeing 777-300ER forms the backbone of the Emirates fleet with the aircraft type currently operating to 77...

  • Mental health disorders cost businesses €240bn

    Work-related stress is the second most frequently reported health problem in Europe and costs to businesses of mental health disorders are estimated at around €240 billion per year. ‘Healthy workplaces, manage stress’ is the theme of this year’s...

  • Lufthansa flying to 260 destinations

    The airlines in the Lufthansa Group are operating to 260 destinations this winter, with 18,900 flights a week – a reduction of 2 per cent. Austrian Airlines, Brussels Airlines, Germanwings, Lufthansa and Swiss will be linking destinations in 100...

  • Money market report for the week ended October 31

    On Monday, October 27, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The auction was conducted on Tuesday, October 28, and attracted bids from euro area eligible counterparties of €118.15 billion, €25.23...

  • Alibaba’s first earnings to test mettle and investor enthusiasm

    Alibaba Group Holding Ltd’s first full quarterly report card to Wall Street investors today will be scrutinised by the hopeful seeking validation for lofty stock price targets and studied by the few sceptics searching for inauspicious...

  • Ryanair hikes profit forecast on surge in winter bookings

    Ryanair hikes profit forecast on surge in winter bookings

    Ryanair hiked its annual profit forecast almost 20 per cent yesterday on a surge in winter bookings and said it would slash fares by up to 10 per cent in the new year to steal more market share from struggling higher-cost rivals. The improved...

  • HSBC sets aside £236m for forex probe

    HSBC sets aside £236m for forex probe

    HSBC Holdings missed expectations with a 12 per cent drop in underlying third-quarter earnings and set aside £236.29 million to cover a potential fine from the UK regulator for alleged manipulation of currency markets. Europe’s largest bank blamed...