Advert

Business

  • Public statements

    The director general (Consumer Affairs) has issued a public statement according to Article 8 of the Consumer Affairs Act (Cap. 378), whereby he announced that Light Projects Limited, Di Natura International and Francis Camilleri, holder of...

  • Maltese graduate from the Rambert School of Ballet

    Zoe Camilleri has graduated from the Rambert School of Ballet and Contemporary Dance earlier this summer with a BA (Hons). For the past three years, she has lived and trained in London, focusing on ballet and contemporary dance techniques. She...

  • Weekly advice

    • When faced with a problem, consumers should first speak to the seller or service provider who sold them the product or service. • The proof of purchase is indispensable to sustain a claim for remedy or compensation. • Consumers are legally...

  • Scottish No‘a relief’ for businesses

    Scottish No‘a relief’ for businesses

    New powers for Scotland must be used to boost its competitiveness after businesses breathed a “collective sigh of relief” at the No vote. Simon Walker, director general of the Institute of Directors (IoD), said it was likely that the devolving of...

  • Global shares flat as equities pull back from advance

    Stock markets around the world were little changed yesterday, paring early advances though equities remained on track for a week of strong gains and Alibaba rallied in its trading debut. Equities pulled back from an early advance, pressured by...

  • Alibaba IPO prices at top end of range

    Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion, in a latest sign of strong investor appetite for the Chinese e-commerce juggernaut. At that price, the IPO, one of...

  • GSK fined €381m by China

    GSK fined €381m by China

    China fined GlaxoSmithKline Plc a record 3 billion yuan (€381 million) yesterday for paying bribes to doctors to use its drugs, underlining the risks of doing business there while also ending a damaging chapter for the British drugmaker. A court...

  • Record highs for MIA and RS2

    The Malta Stock Exchange added on to last week’s negative performance with a slight decline of 0.1 per cent, to close at 3,324.085 points. Total activity was spread across 14 equities of which seven gained ground, four declined and three closed...

  • Daily currency report

    The outlook for this week was limitless with the FOMC, Swiss National Bank and Norges Central Bank all holding policy setting meetings. Not only was monetary policy on the line, but the Scottish referendum to stay in the UK, also dominated market...

  • Share index back in positive territory

    Share index back in positive territory

    The MSE share index returned into positive territory with a 0.1 per cent increase to 3,324.085 points level on the back of further support for the equities of Malta International Airport and GO following two consecutive sessions of decline. MIA’s...

  • Still going strong 50 years on

    On Sunday Malta celebrates the 50th anniversary since independence. At the time I was too young to appreciate fully what this meant for our economy. Ffty years on, one feels tangible evidence of the economic progress that our country has achieved...

  • ECB hands out cheap credit to banks to boost economy

    ECB hands out cheap credit to banks to boost economy

    The European Central Bank handed out the first of its new four-year loans to banks yesterday, the flagship tool in a new stimulus package it hopes will stave off price deflation and revive the ailing eurozone economy. Take-up of the €400 billion...

  • US Federal Reserve signals faster but still slow path for rate rises

    Federal Reserve officials nudged their expected path of interest rate increases higher yesterday, but did little to change the outlook for a long slow climb back up to normal monetary policy. The revised rate projections left a deep disconnect...

  • Google a ‘platform of piracy’

    Google a ‘platform of piracy’

    News Corp. chief executive Robert Thomson has urged European regulators to reconsider their settlement with Google Inc. over its search practices, calling the internet company an “egregious” aggregator and a “platform of piracy”. In a letter last...

  • Dollar hits six-year peak versus yen as global stocks rally

    The dollar hit a more than six-year peak against the yen yesterday on data showing US jobless claims fell more than expected last week, while global equity markets rallied after the Federal Reserve renewed a pledge to keep interest rates...

  • Budget airline baggage charges cleared

    Budget airlines have been cleared by Europe’s top court to continue with the business model that has helped the likes of Ryanair and easyJet to flourish by topping up revenue from low headline fares with separate baggage and seating...

  • MSE Share Index slides to 2-week low

    The MSE Share Index closed in negative territory for the second consecutive session with a further 0.4% slide to a new 2-week low of 3,320.472 points largely due to the declines in International Hotel Investments plc and Malta International...

  • Innovation and competitiveness

    Innovation and competitiveness

    This World Economic Forum has recently released its annual Global Competitiveness Report, the most comprehensive assessment of national competitiveness worldwide, and which provides an insight into the competitive landscapes of 144 economies. The...

  • RS2 focusing on increasing recurring revenue streams

    RS2 focusing on increasing recurring revenue streams

    The 2014 interim financial statements of RS2 Software plc published on August 28 require some detailed analysis due to the fluctuations in the performance from one period to the next reflecting the timing of licence fee income. During the first...

  • Sony predicts inreased losses

    Sony predicts inreased losses

    Sony Corp. yesterday sharply deepened its net loss estimate and said it would not pay a dividend this fiscal year for the first time since it listed in 1958 after it was hit by a massive impairment charge for its struggling smartphone...