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  • World stocks climb as euro dips

    World stock indexes rose and the euro fell yesterday after European Central Bank President Mario Draghi renewed a pledge to keep monetary policy loose for an extended period. A recovery in Russian and Chinese shares also helped emerging markets...

  • FHRD 2014 HR Conference: Talent Retention

    FHRD 2014 HR Conference: Talent Retention

    In continuing its longstanding tradition, FHRD is proud to announce that it will be organising the Annual National HR Conference on Friday October 17. The conference has today culminated in the main Maltese event concerning the human resources,...

  • Maersk to spend $3 billion per year on new vessels

    Maersk to spend $3 billion per year on new vessels

    Denmark’s Maersk Line will spend around $3 billion a year from 2015 to 2019 on new vessels to buttress its position as the world’s biggest container shipping company, it said yesterday. “The current order book [is] not sufficient to grow with the...

  • Energy efficient lighting solutions

    Energy efficient lighting solutions

    Smart Light Systems is an energy efficiency company mainly focused on energy efficient lighting solutions. The company has developed several solutions such as casino wall lighting, park lighting solutions, illuminated street signage, hotel...

  • Deloitte announces record revenues of $34.2 billion

    Deloitte member firms reported record aggregate revenues of $34.2 billion for the fiscal year ending May 31, 2014. In its fifth consecutive year of growth, Deloitte saw accelerated demand for its range of services in all regions of the...

  • An innovative online solution for eCommerce service providers

    An innovative online solution for eCommerce service providers

    Nowadays, consumers are spoilt for choice when it comes to selecting a store for their online shopping, making it increasingly important for companies to ensure that their websites stand out. This can only be achieved if traders can find the right...

  • Shipping movements

    The following ships are expected in Malta: The Maersk Sheerness from Port Tanger to Port Said (Thomas Smith Shipping Ltd), the CMA CGM Ivanhoe from Port Said to Genoa, the CMA CGM Lyra from Fos-Sur-Mer to Port Said and the Fas Dammam from Bejaia...

  • MIA slips further away from all-time high

    MIA slips further away from all-time high

    After touching a new all-time high of €2.39 during the trading session of September 18, the share price of Malta International Airport edged lower possibly as a result of the media reports speculating about the escalating losses at Air Malta (the...

  • Hidden payment card fees

    Today the use of plastic money is rife. Retailers across the board accept payment cards from consumers instead of cash. The easy aspect of a card transaction coupled with the comfort of effortless access to money makes this the most preferred mode...

  • Eurozone business growth slows as prices keep sliding

    Eurozone business growth slows as prices keep sliding

    Eurozone business activity has expanded at a slightly weaker pace than expected in September as firms cut prices for the 30th month in a row, a survey showed yesterday. The data will dishearten the European Central Bank, which is struggling to...

  • Germany ‘is not to blame for France’s economy problems’

    Germany ‘is not to blame for France’s economy problems’

    Germany is not responsible for France’s economic problems and is not duty-bound to solve them either, the head of Germany’s main industry lobby said yesterday. Europe’s largest economy is under pressure from the likes of France and Italy to loosen...

  • Tesco parachutes in a new finance boss to fix scandal

    Tesco rushed its new chief financial officer into place yesterday, trying to shore up a leadership team badly damaged by the accounting mistake revealed on Monday that knocked millions off the company’s profits and billions from its share...

  • Stocks fall after weak data and Syria air strikes

    More downbeat data from Europe left global equity markets on course for a third day of losses yesterday, while US air strikes in Syria set a cautionary tone and helped lift prices of safe-haven bonds. President Barack Obama vowed to continue the...

  • China property hard sell intensifies

    Chinese banks, property developers and regional governments are intensifying efforts to drag the housing market from its worst slump in two years by allowing people to buy more than one home, slashing prices and launching unorthodox...

  • GO regains 6-year high

    The equity of Go plc this morning reversed yesterday’s 1.2% drop with an equivalent €0.03 uplift to regain its 6-year high of €2.57 on low volumes of 3,250 shares at the exchange. Nonetheless, this gain was offset by a number of negative...

  • Air France offers to postpone low-cost project to end strike

    Air France offers to postpone low-cost project to end strike

    The head of Air France-KLM yesterday offered to postpone roll-out of its European low-cost operation until the end of the year in a bid to end a week-long pilots’ strike costing it millions of euros a day. Setting out what he called a “final...

  • Money market report for the week ending September 19

    On Monday, September 15, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The auction was conducted the following day and attracted bids from euro area eligible counterparties of €105.69 billion, €5.01 billion...

  • Siemens agrees to $7.6bn deal to buy Dresser-Rand

    Siemens agrees to $7.6bn deal to buy Dresser-Rand

    Industrial conglomerate Siemens AG said yesterday it would buy US oilfield equipment maker Dresser-Rand Group Inc. for $7.6 billion in a move that would significantly boost the German company’s oil and gas business in North America. Germany’s...

  • Total to sell more assets

    Total to sell more assets

    French oil company Total is to sell more assets and cut costs to generate more cash and is to revamp exploration plans after reducing its oil production target. Total, which has struggled with production outages in Libya, Kazakhstan and Nigeria,...

  • Stocks slip on China worries; crude oil falls

    Concern about a potential economic slowdown in China pressured world stock indexes yesterday while Brent crude oil fell below $97 a barrel on sluggish demand and ample supplies. Signs of disagreement between major economic powers on the need for...