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  • Brexit could hit GDP by 2.2%

    Brexit could hit GDP by 2.2%

    Britain leaving the European Union could result in a permanent loss of 2.2 per cent of the country’s gross domestic product by 2030, and the costs would not be offset solely by striking a free trade deal with its former partners, think tank Open...

  • Greek PM wrote to Merkel warning paying country’s debt is ‘impossible’

    Greek PM wrote to Merkel warning paying country’s debt is ‘impossible’

    Greek Prime Minister Alexis Tsipras wrote to German Chancellor Angela Merkel last week warning that it would be “impossible” for Greece to make debt payments over the next few weeks without more financial help, his government confirmed...

  • Dollar resumes slide; stocks, oil prices rebound

    The dollar fell further yesterday, adding to its steepest weekly drop in three and a half years after the Federal Reserve indicated last week that a rate hike is likely to come later rather than sooner, a view that helped drive up oil prices and...

  • How Europe and US stumbled into spat over China-led bank

    How Europe and US stumbled into spat over China-led bank

    Sometimes geopolitical shifts happen by accident rather than design. Historians may record March 2015 as the moment when China’s chequebook diplomacy came of age, giving the world’s number two economy a greater role in shaping global economic...

  • MSE Share Index rebounds into positive territory

    MSE Share Index rebounds into positive territory

    Following last Friday’s 0.6% drop, the first in sixteen sessions, the MSE Share Index immediately rebounded into positive territory during this morning’s session. The local equity benchmark moved 0.7% higher to a fresh 4-year high of 3,790.548...

  • It is time to grab a bud!

      If I had to ask you to list the 10 most popular beers in the world, your list would most probably include Budweiser, Stella Artois, Beck’s and Corona to name a few. What you probably would not know is that all these brands fall under the same...

  • Rising inequality troubles some business leaders

    Rising inequality troubles some business leaders

    When Pope Francis speaks out, as he regularly does, about the widening gap between the rich and the poor in Western economies, many acknowledge his pious intentions but politely write off his recommendations on how to distribute economic wealth...

  • Sabadell eyes more UK deals after £1.7bn takeover of TSB

    Sabadell eyes more UK deals after £1.7bn takeover of TSB

    Spain’s Banco Sabadell could look to expand further in Britain after agreeing a £1.7 billion takeover of TSB, one of the biggest cross-border banking deals since the financial crisis of 2007-2009. Sabadell, Spain’s fifth-biggest bank, said it...

  • China business confidence dips in Q1

    China business confidence dips in Q1

    Business confidence among entrepreneurs in China fell in the year’s first quarter from the final quarter of 2014, for a fifth consecutive quarter of decline, a central bank survey showed. The survey of entrepreneurs, bankers and households by the...

  • ­­­Shipping movements

    The following ships are expected in Malta: The Mozart from Tanger Med to Gebze, the Elbdeich from Skikda to Annaba, the Oued Ziz from Skikda, the Nicola from Algiers to Algiers, the CMA CGM Nevada from Le Havre to Khor al Fakkan, the CMA CGM Ural...

  • RC44 Valletta Cup set to leave €1.6m in economy

    RC44 Valletta Cup set to leave €1.6m in economy

    The local organisers of the RC44 Valletta Cup estimate that the yachting race will leave €1.6 million in the local economy, up from their original estimate of €1.2 million. Most of the 11 boats taking part in the race, between Wednesday and next...

  • Actavis completes Allergan acquisition

    Actavis plc has completed the acquisition of Allergan Inc. in a cash and equity transaction valued at approximately $70.5 billion (€65bn). The combination creates one of the world’s top 10 pharmaceutical companies by sales revenue, with combined...

  • Vodafone extends family-friendly measures

    Vodafone extends family-friendly measures

    Vodafone has extended the maternity leave it offers by three weeks beyond the statutory 14 weeks and is also paying full wages for six months to those who work reduced hours. Following in the footsteps of the Vodafone Group’s approach, the local...

  • Emirates contributes to 660 Maltese jobs

    Emirates contributes to the direct, indirect and induced employment of 660 Maltese people in Dubai and for its daily operations in Malta. Across the EU in 2013-2014, Emirates supported 85,100 jobs, equivalent to €6.8 billion. In addition,...

  • Black Sheep Revolution launch

    A networking event is being held on Thursday, March 26, to launch the Black Sheep Revolution (BSR), a company that offers coaching and consultancy services to businesses and individuals. The event will be held at the EC Test Centre, St Julian’s...

  • Employment Law Webinar

    A free 60-minute webinar is being organised by the Employment Law Alliance on Tuesday, March 31 entitled Employee Data Privacy in the EU – The Essentials for Multinational Employers. Data protection is one of the trickiest topics multinational...

  • EU fund advisory launched

    Backed by their years of experience at the government’s Planning and Priorities Coordination Division, Ray Bartolo and Trevor Fenech have set up European­Funds.info to offer solutions to public, private and non-profit organisations seeking to...

  • HSBC Contact Centre takes on apprentices

    HSBC Contact Centre takes on apprentices

    HSBC UK Contact Centre Malta (HBEU) will welcome students from the Malta College of Arts, Science and Technology (Mcast) as apprentices. The 10 students selected will immerse themselves in the work environment for between three and 16 weeks. The...

  • Global trade and investment barriers persist – EU report

    Global trade and investment barriers persist – EU report

    The EU’s strategic economic partners – Argentina, Brazil, China, India, Japan, Russia and the US – maintain a variety of barriers that significantly hinder international trade and investment opportunities of EU companies. This is the conclusion of...

  • Go to launch 4G this year

    Go will be launching 4G this year, being provided through an agreement with Nokia Networks, which will include a major overhaul of Go’s national Radio Access Network. Kelvin Camenzuli, Go’s chief technical officer, said: “This substantial...