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Business

  • BOV builds on recent gains ahead of results

    The equity of Bank of Valletta today continued to build on the gains registered during the past two weeks ahead of the publication of the interim results due on Friday April 25. BOV’s share price advanced by a further 1.3% to regain the €2.33...

  • EU’s Rehn counsels restraint on sanctions against Russia

    The European Union should refrain from harsh sanctions against Russia if it does not escalate a crisis over Ukraine, the EU’s top economic official said. Since Russia’s annexation of the Black Sea peninsula of Crimea, the European Union has...

  • GM places two engineers on leave in deadly ignition switch probe

    General Motors Co said has placed two engineers on paid leave as part of an internal investigation into defective ignition switches linked to 13 deaths and the global recall this year of 2.6 million cars. Reuters confirmed that the engineers are...

  • China consumer prices on the rise but industry deflation still persists

    China’s consumer inflation rate increased in March as fresh food prices jumped, but persistent deflation in the industrial sector was another signal of weak demand and slowing growth in the world’s second-largest economy. The consumer price index...

  • Chinese credit growth steady as central bank watches debt risks

    China’s central bank governor, Zhou Xiaochuan, said that, although credit growth was stable, the central bank remained vigilant against the risks from corporate indebtedness. “We must not lower our guard against the risk of high leverage in the...

  • ­­­Shipping movements

    The following ships are expected in Malta this week: The Deva from Antwerp to Haifa, the Jaguar from Misurata to Benghazi, the BC Hamburg from Sfax to Misurata and the Concordia from Tunis to Valencia (all Thomas Smith & Co. Ltd) today. The Maersk...

  • Real estate stakeholders call for rental ‘amnesty’

    Key stakeholders close to the real estate industry are calling on the government to announce an ‘amnesty’ to encourage owners of properties being rented out illegally to come forward. In the last Budget, the government introduced a flat rate of 15...

  • Google’s advantage in ‘native advertising’

    There are many internet users who may be wary of their privacy settings and on the information they share online. One of the reasons is that it is very likely that ICT giants like Google and Facebook may know their users very well. Google, in...

  • Don’t underestimate perils of poor data migration planning

    One of the challenges when implementing a brand new software application is the migration of data from the outgoing system. For the untrained eye this looks like a straightforward undertaking because it is not difficult to extract data from the...

  • Nearly 80% of insurers on track for Solvency II – EY

    Insurance companies in Malta confirmed that they comply with all the preparatory guidelines for Solvency II, except for two reporting guidelines due to the national specific supervision of protected cell companies. The companies were surveyed by...

  • Big 4 charge premium for audit

    The Big Four audit firms charge a premium for their services – although one of them not noticeably more than non-Big Four firms – for a number of reasons, according to a research paper. The paper also found that the amount of external audit fees...

  • IHI, BOV stimulate index’s recovery

    The Malta Stock Exchange (MSE) index extended its previous week’s 1.06 per cent rebound by a further 1.05 per cent, to close the week at 3,496.419 points. Last week, the MSE was primarily driven by significant shifts in the share price of Bank of...

  • BoE keeps rates at record low

    The Bank of England (BOE) left its key interest rate unchanged at a record low of 0.5 per cent, as the British economy continues to recover and inflation remains subdued. The BOE has maintained interest rates at these levels since March 2009. The...

  • Company briefs

    The new Samsung Galaxy S5, the most sought after Android phone, may now be purchased from all Vodafone stores. The S5 features a range of new features, including a finger scanner, an ultra-power-saving mode and a brighter display that offers a...

  • Security flaw threat to passwords

    Passwords, credit cards and other sensitive data are at risk from faulty encryption technology used to transmit e-mail, e-commerce transactions, social networking posts and other web traffic securely, experts have warned. Security researchers say...

  • A bright start to a career

    Deloitte’s annual BrightStart recruitment event took place at the company’s offices in Mrieħel. The event was inaugurated by Education Minister Evarist Bartolo, who commended the organisation for such events which, he said, were important since...

  • Disclaimer

    The information published in this page is intended for information purposes only. Any legal claim or action taken in the event of a dispute should be based solely on the legal texts concerned. For more information, call the Office for Consumer...

  • Emirates holds open day

    The Emirates recruitment team will be in Malta to interview interested applicants to join the Dubai-based international airline as cabin crew. The Open Day will be held on April 27 at 9am at the San Ġorġ Corinthia Hotel, St George’s Bay. CVs can...

  • Advice on paying deposits

    A deposit is usually paid as a part payment to secure the purchase of a product or service. When consumers agree to pay a deposit, it means they are committing themselves with the seller to purchasing a specific product or service. Such commitment...

  • Win a Dream Wedding competition winners

    Adriana Tanti and Matthew Agius are the winners of the €40,000 Win a Dream Wedding prize of the Say Yes competition, an initiative put together by Classic Jewellers, Fino, Island Caterers and Rocs Travel. “The experience was something we will...

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