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  • EU’s Juncker pledges investment plan for jobs

    EU’s Juncker pledges investment plan for jobs

    The incoming head of the EU executive, Jean-Claude Juncker, told the European Parliament yesterday that he would present his €300-billion plan for investment to bolster growth and jobs by the end of this year. Switching significantly to German...

  • PayPal usage almost double that of credit cards

    PayPal usage almost double that of credit cards

    PayPal has extended its lead as the preferred method of payment online, and is now used by 88 per cent of Maltese, compared with 44 per cent for credit cards. According to a survey carried out by the Malta Communications Authority, PayPal was only...

  • EU fines JPMorgan, UBS, Credit Suisse for taking part in cartels

    JPMorgan, UBS and Credit Suisse were fined a total of €94 million by the European Commission for taking part in cartels in the financial sector. The Commission handed JPMorgan a €61.7-million fine for rigging the Swiss franc Libor benchmark...

  • T&A systems from AIS Technology

    T&A systems from AIS Technology

    Organisations of all sizes use time and attendance (T&A) systems to record when employees start and finish work. An electronic T&A system, such as those available from AIS Technology, enables an employer to have full information of all employee...

  • Corporate Social Responsibilities

    Corporate Social Responsibilities

    HSBC UK Contact Centre (HBEU) has raised €17,312 from staff donations for a range of charities and community projects in the first six months of 2014. Staff contributed in a variety of ways to support the missions of Ursuline Sisters Creche, The...

  • Eworld Ltd hosts Hewlett Packard for full-day seminar

    Eworld Ltd hosts Hewlett Packard for full-day seminar

    Eworld Limited, HP authorised Gold sales and services partner, hosted Hewlett Packard to conduct a full-day business seminar at the Le Méridien hotel. An 80-strong audience, including Malta’s leading CIOs, IT management and professionals, from the...

  • Global equity markets edge higher, stocks head lower

    Global equity markets edged higher yesterday, lifted by solid corporate results and benign US inflation data that may give the Federal Reserve enough leeway to keep interest rates lower for longer, but US stocks faltered as some big corporate...

  • Financing designed for SMEs

    Financing designed for SMEs

    Only a few days old, the BOV 4 SMEs Financing product is designed to support local SMEs in realising their capital investment projects. This limited offer brings together affordable financing and expert assistance, corroborating Bank of Valletta’s...

  • At least 11 banks to fail European stress tests

    At least 11 banks to fail European stress tests

    At least 11 banks from six European countries are set to fail a region-wide financial health check this weekend, Spanish news agency Efe reported, citing several unidentified financial sources. The results of the stress tests on 130 banks by the...

  • Focal Maritime Services certified as an IATA Accredited Agent

    Focal Maritime Services certified as an IATA Accredited Agent

    Focal Maritime Services has been certified as an IATA (International Air Transport Association) Accredited Agent. This accreditation certifies that airfreight cargo is handled by duly qualified personnel who have successfully obtained diplomas...

  • Shipping movements

    The following ships are expected in Malta: The Avonmoor from Algiers to Annaba, the Anne Schepers from Valencia to Livorno (both Carmelo Caruana Co. Ltd) and Agamemnon from Port Said to Genoa (Thomas Smith Shipping Ltd) today. The Kapalua Kontor...

  • Information ­Systems Ltd ­celebrates 20th year of ­operation

    Information Systems Ltd (ISL) celebrates its 20th anniversary in business this year. Over the past 20 years ISL has grown to become a leading technology services company, serving businesses throughout Malta, Europe, North Africa and the Middle...

  • Shireburn Software supports Home-Start Malta

    Shireburn Software supports Home-Start Malta

    Shireburn Software has extended its financial support to Home-Start Malta, a volunteer-based organisation that offers practical and emotional support to parents with children under five years of age who could be hit by crisis or find themselves...

  • First decline for share index in a week

    First decline for share index in a week

    The share index retreated for the first time since September 14 with a marginal dip to 3,357.58 points largely due to the 0.1 per cent decline in the share price of Bank of Valletta to €2.24,9 across seven deals totalling 35,237 shares. Meanwhile,...

  • EU Vat changes in the offing

    On January 1, 2015, significant changes in the Vat rules will kick in. These new rules are the result of legislation introduced in the EU in 2008 as part of the Vat Package, intended to establish a level playing field between businesses involved...

  • Total CEO de Margerie killed in jet accident

    Total CEO de Margerie killed in jet accident

    The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscow’s Vnukovo airport on Monday night. The collision occurred minutes before midnight...

  • UK public finances worsen in first half of tax year

    British government borrowing over the last six months was over 10 per cent higher than in 2013, official data showed yesterday, giving Chancellor George Osborne a tough task to meet his full-year borrowing goals. Osborne aimed in March to reduce...

  • Shares gain on US tech earnings, ECB purchase plans

    A measure of global equity markets advanced yesterday after technology earnings lifted US shares and the prospect of European Central Bank corporate bond purchases boosted European stocks and weighed on safe-haven US Treasuries prices. A rally in...

  • Large caps lift share index higher

    Large caps lift share index higher

    The share index advanced by 0.3 per cent to 3,359.164 points as five equities gained including Bank of Valletta, HSBC and Go. Go had a volatile session and initially dropped to an intra-day low of €2.63 before rallying to a fresh six-year high of...

  • Changes in ‘place of supply’ rules in 2015

    Changes in ‘place of supply’ rules in 2015

    Over the past year, the upcoming change in the deemed ‘place of supply’ rules governing the provision of telecommunication, broadcasting and electronically-supplied services for VAT purposes has been the source of much discussion and debate in the...