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Business

  • Medserv director steps down

    Charles Daly has informed Medserv that he has decided to resign from his office as director of the company and other companies forming part of the Medserv group for personal reasons, with effect from December 31, 2016. In view of Mr Daly’s...

  • Maltapost CFO

    Maltapost has appointed Neville Chappell as chief financial officer, replacing Carmen Ellul who is being appointed chief officer for internal audit with effect from March 1, 2017.

  • New contact centre appointments

    New contact centre  appointments

    At a time of sustained growth in staff numbers and call volumes, the HSBC UK Contact Centre (UKCC) Malta welcomed Angela Brown to the role of recruitment manager and Christine Borg as the new people experience manager. Ms Brown joined HSBC in...

  • Eight directors for six BOV seats

    Eight nominations have been cast for the six seats on the Bank of Valletta board, which will mean several new faces. Incumbents Helga Ellul and Mario Grima will not be contesting, but James Grech, Alfred Lupi and Joe Zrinzo are on the candidates’...

  • Maltese president for FECMA

    Josef Busuttil has been elected president of the Federation of European Credit Management Associations. FECMA consists of 17 national associations of credit management. Mr Busuttil, the director general of the Malta Association of Credit...

  • Will the dollar and the euro reach parity?

    Will the dollar and  the euro reach parity?

    One of the most surprising developments across the financial markets in the immediate aftermath of the result of the US election was the sharp movement in the US dollar. In the early hours of November 9, as it became evident that Donald Trump was...

  • Unleash the lease on your balance sheet

    Unleash the lease on your balance sheet

    The new accounting standard relating to leases has now been with us for nearly a year. Of particular interest are the words the International Accounting Standards Board (IASB) chose as a heading to its press release announcing the issuance of IFRS...

  • Omega: Planet Ocean Deep Black collection

    Omega: Planet Ocean Deep Black collection

    In our universe, the earth’s oceans are naturally linked to the moon in our sky. For Omega, the connection can also be found in the latest ceramic collection. From the Speedmaster Dark Side of the Moon that was first released in 2013, Omega has...

  • Progression and tracer studies by PKF Malta

    PKF Malta has recently carried out a progression and tracer study on former Mcast students, as part of its Social Corporate Responsibility Framework for this year. To this end PKF collaborated with Mcast in a project that spanned over the last...

  • It’s all about quality

    It’s all about quality

    With almost 150 businesses certified across the Maltese islands, including restaurants, visitor attractions and destination management companies (DMCs), the Malta Tourism Authority Quality Assured (QA) seal is becoming a recognised brand...

  • RS2 lifts the share index higher

    The share index erased some of yesterday’s declines as it rebounded by 0.23% to 4,469.320 points. Trading volumes remained subdued as €0.11 million worth of shares changed hands. Only five shares were active today, with RS2 and Santumas...

  • Just add water

     Ever asked yourself what life would be like without the basic needs? Water, food and oxygen are all natural luxuries we take for granted, yet what happens when one of these becomes scarce? Whilst oxygen and debatably food are well in abundance...

  • Digital libraries victory

    Digital libraries victory

    While lending libraries have been key in providing public access to information and knowledge for centuries, in this day and age of paperless book, libraries have tried to keep up with the increasingly widespread digital phenomenon. Free internet...

  • Carmakers fund charging sites to boost electric cars demand

    Carmakers fund charging sites to boost electric cars demand

    Top carmakers in Germany have agreed to jointly invest in thousands of ultra-fast charging sites across Europe to boost mainstream acceptance of electric cars, the companies said. Spurred on by the success of US rival Tesla which has received huge...

  • Samsung Electronics considers structural split as investor pressure builds

    Samsung Electronics considers structural split as investor pressure builds

    South Korea’s Samsung Electronics Co. Ltd said yesterday it would increase dividends and consider splitting itself, as the tech giant faces possibly the biggest structural change in its 47-year history. The world’s top maker of smartphones, memory...

  • Stocks firm, oil sags on doubts over supply deal

    Stock prices around the world edged up yesterday following upbeat US growth data, while the oil market fell to its weakest level in over a week on doubts Opec could reach an accord to reduce output. The dollar slipped against a basket of...

  • Share index eases on weak activity

    The share index erased some of yesterday’s gains as it retreated by 0.29 per cent to 4,459.126 points. Trading activity declined today with only €0.07 million worth of shares changing hands – down from a near three-week high of €0.45 million...

  • Interest rate risk is real

    October and November have been gruelling months for European and US government bonds. The sharp upward moves in yields on government bonds, across all segments of the yield curve, resulted in a marked re-pricing (lower) of bond prices. True,...

  • Greece seeks to fix borrowing costs in debt relief crisis talks

    Greece seeks to fix borrowing costs in debt relief crisis talks

    Greece is pushing its creditors to fix the borrowing costs on its massive debt pile at current low levels in a bid to save millions of euros in coupon payments if interest rates rise. The priority is to fix the repayments on the largest chunk of...

  • OECD sees resurgent US growth boosting global economy

    OECD sees resurgent US growth boosting global economy

    Global growth would pick up faster than previously expected in the coming months as the Trump administration’s planned tax cuts and public spending fire up the US economy, the OECD said yesterday, revising up its forecasts. In its twice-yearly...

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