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  • Generate new business by organising an innovation day

    Generate new business by organising an innovation day

    We are currently living through a transition from an information society towards an innovation society, where the rapid generation and take-up of ideas is at the core of business and economic growth. Increasingly, managers, executives and...

  • Wall St trims gains while Greece deal hopes fade

    US stocks shed some of their gains yesterday after eurozone finance ministers put off further bailout talks until after Sunday’s referendum in Greece. Stronger-than-expected jobs and construction data supported the market, as did a $28 billion...

  • Customised aviation solutions in Malta

    Customised aviation solutions in Malta

    Malta Wings prides itself on its European standard airline certification awarded by the Civil Aviation Directorate of Transport Malta. The company is authorised to carry passengers and cargo throughout the European and North African region on a...

  • Shipping movements

    The following ships are expected in Malta: The Stjerneborg from Tripoli to Tripoli, the HH North (ex-Connorth) from Al Khums to Al Khums, the CMA CGM Opal from Damietta to Genoa, the CMA CGM Titus from Port Kelang to Valencia, the Nicola from...

  • Nike co-founder Phil Knight to step down

    Nike co-founder Phil Knight to step down

    Nike chairman Phil Knight, who turned a business selling shoes out of the back of his car into the world’s most valuable sports brand, is to step down as company chairman. Knight, 77, was a middle distance runner in college who began the company...

  • Looking back at credit markets in H1-2015

    In our H1-2015 Credit Outlook report issued six months ago, we had clearly portrayed our concerns about slowflation in the Eurozone on the back of a sliding price of oil and low growth expectations. Back then, we had mentioned the following...

  • Redefining the professional services market and its relevance to Malta

    Redefining the professional services market and its relevance to Malta

    Undoubtedly, the changes coming out of the new legislation, commonly referred to as the EU Audit Reform, are significant to all public interest entities (PIEs). Although the reforms will only become applicable on June 17, 2016, we are already...

  • Tunisia sees losses of $515m for tourism after deadly attack

    Tunisia sees losses of $515m for tourism after deadly attack

    Tunisia expects to lose at least $515 million this year, or about a quarter of its estimated annual tourism earnings, following last Friday’s attack on a beach hotel that killed 39 people, mostly British holidaymakers. The attack by a gunman on...

  • Sony to raise nearly $4 billion, ramp up sensors business to anchor turnaround

    Sony to raise nearly $4 billion, ramp up sensors business to anchor turnaround

    Japan’s Sony Corp. plans to raise nearly $4 billion via new shares and bonds to plough into image sensors as it reinvents itself as a niche component maker, pulling back from consumer goods like TVs that dragged it into losses. In Sony’s first new...

  • Markets on tenterhooks as the Greek deadline looms

    Stocks on Wall Street edged up yesterday to keep a global equities gauge higher despite declines in Europe, while the euro remained under pressure as Greece grappled with a looming deadline on a debt repayment to the IMF. Greece submitted a new...

  • Second-quarter M&A close to record amid mega deals

    Second-quarter M&A close to record amid mega deals

    Mergers and acquisitions (M&A) worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share. Low...

  • Share index lower as various equities decline

    The share index ended the last trading session of June in negative territory with a 0.2 per cent drop back to 4,090.619 points as various equities trended lower. Most notably, the share price of International Hotel Investments eased 0.7 per cent...

  • EU roaming charges to end in 2017

    EU roaming charges to end in 2017

    Mobile roaming charges are set to be scrapped within the European Union from June 2017. Under the new rules, mobile phone users will pay the same price to make calls, send text messages and use data wherever they are in the EU, meaning calling...

  • Greece puts EU and the euro to the test

    All eyes were on the media over the weekend as the markets were eagerly waiting for the outcome of the scheduled Eurogroup meeting on Saturday afternoon, whereby details of a rescue plan from Greece’s creditors was to be discussed with Greek...

  • Cautious Merkel on verge of biggest risk with ‘Grexit’

    Cautious Merkel on verge of biggest risk with ‘Grexit’

    “If you break it, you own it,” former US Secretary of State Colin Powell warned President George W. Bush before his invasion of Iraq. Whether it will ever be fair to blame Angela Merkel for “breaking” Greece is debatable. But if the eurozone’s...

  • Money market report for the week ended June 26

    On Monday, June 22, the European Central Bank announced its weekly main refinancing operation (MRO). The auction was conducted on Tuesday, June 23, and attracted bids from euro area eligible counterparties of €88.23 billion, €1.42 billion lower...

  • China to hold some veto powers in new Asian bank

    China to hold some veto powers in new Asian bank

    China will hold over a quarter of the votes in the new Asian Infrastructure Investment Bank (AIIB), its finance ministry said yesterday, giving it a veto in some key decisions despite Beijing insisting it will not have such powers. Delegates from...

  • Stocks, yields drop as Greece veers towards debt default; euro up

    US stocks added to a global selloff yesterday as Greece veered towards a default on its debt, while the euro recovered from early sharp loss to turn higher against the dollar. Greece will not pay a €1.6 billon loan instalment due theInternational...

  • Tunisia tourism suffers after attack

    Tunisia tourism suffers after attack

      Tunisians are fearing for their livelihoods as the tourist industry suffers in the wake of Friday's beach bloodshed.   "I'm very happy that the tourists stay in Tunisia and support the country. It's very very good thinking, you know, but I'm...

  • Apple Music set to go live

    Apple Music set to go live

    Apple Music goes live tomorrow, despite a run-in with Taylor Swift over royalties ahead of the launch. The new service is being offered free to users for the first three months, but the pop sensation stepped in and threatened to withhold her music...