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  • World stocks, US dollar down as markets await Fed

    Stocks on major markets rose slightly from session lows in early afternoon trading yesterday after disappointing earnings from Apple and Twitter late Tuesday, while the US dollar weakened ahead of a policy announcement by the Federal Reserve and...

  • Shipping movements

    These ships are expected in Malta: The Wehr Havel from Algeciras to Livorno, the CMA CGM Fidelio from Djibouti to Valencia (both CMA CGM Malta Agency Ltd), the Seago Antwerp from Antwerp to Piraeus, the Maersk Arun from Bejaia to Skikda, the...

  • As sales decline, has Apple reached 'peak iPhone'?

    As sales decline, has Apple reached 'peak iPhone'?

    Ask Siri if iPhone 7 will be the answer to Apple Inc's problems, and you're told that a visit to Apple's website should answer that question "and more". If only it was that easy. Apple's shares were down 8 per cent at $95.80 in premarket...

  • Low trading activity persists

    The share index extended yesterday’s decline by a further 0.21 per cent to 4,521.525 points on persistently low trading volumes as only €183,000 traded across the equity market. Ahead of the March 31 interim results publication on Friday, Bank of...

  • Monetary policy: to buy or not to buy?

    Monetary policy: to buy or not to buy?

    Investors’ attention this week shifts to the awaited policy meetings by the US Federal Reserve and the Bank of Japan, to be held respectively between today and tomorrow. Chances of a further US interest rate hike later today are slim, as Janet...

  • Twitter stock plunges after revenue falls short

    Twitter stock plunges after revenue falls short

    Twitter Inc disappointed investors yet again with first-quarter results that showed stagnant revenue growth as the microblogging service struggles to grab new users amid efforts to improve its complicated interface with several new...

  • Safeguarding trade secrets

    The EU Parliament recently approved new rules against industrial espionage. The draft directive on trade secrets is intended to help businesses safeguard their innovative ideas, decrease their exposure to misappropriation of trade secrets and...

  • Tourism authorities are cautious amid challenges

    Tourism authorities are cautious amid challenges

    Though global tourism growth forecasts remain positive, there is concern about security and economic challenges, and Germany for one, prefers to be cautious, forecasting an increase of between one and three per cent. “We are expecting the upward...

  • BP eyes more spending cuts after 80% profit drop

    BP said yesterday it could cut capital spending further after reporting an 80 per cent drop in profits in the first quarter of the year, when oil prices touched a near 13-year low. The British oil company, the first major to report on one of the...

  • Mitsubishi Motors cheated on mileage tests for 25 years

    Mitsubishi Motors cheated on mileage tests for 25 years

    Japanese car maker Mitsubishi Motors Corp said yesterday it used fuel economy testing methods that did not comply with Japanese regulations for 25 years, much longer than previously known. It said aggressive internal targets may have put pressure...

  • Dollar, Treasuries prices fall as investors await central bank meetings

    The dollar sank yesterday after weaker-than-expected US economic data boosted expectations the Federal Reserve would hold interest rates lower for longer, while US Treasury yields touched five-week highs as traders positioned ahead of the central...

  • BOV shares drop to a two month low

    BOV shares drop to a two month low

    The MSE Share Index retreated by 0.08 per cent to 4,531.231 points as the declines in the equities of BOV and Malita Investments marginally outweighed gains registered in seven other shares. Volumes across the equity market remained on the low...

  • Invest in educating yourself

    Invest in educating yourself

    “An investment in knowledge always pays the best interest.”- Benjamin Franklin Many people from all walks of life have some time or other been interested in investing part of their savings for the creation of wealth. There are many types of...

  • Property in Malta: what’s next?

    Property in Malta: what’s next?

    From the dawn of civilisation, humans have sought dwelling spaces to meet one of their most primordial needs: shelter. Yet over time property came to stand for other socio-economic needs, such as power and status. Some have turned it into a...

  • Money market report for the week ended April 22

    On Thursday, April 21, the Governing Council of the European Central Bank decided that the interest rate on the main refinancing operations (MRO), the marginal lending facility and the deposit facility will remain unchanged at 0.00 per cent, 0.25...

  • Novartis could refuel M&A machine with $14 billion Roche stake sale

    Novartis is discussing options with banks for selling its near $14 billion stake in rival Roche, potentially providing cash for new deals, though a sale is not imminent, according to two people familiar with the situation. Novartis built up its...

  • UK banks set for grim results showing size of turnaround task

    UK banks set for grim results showing size of turnaround task

      Britain’s top banks are set for one of their worst first-quarter earnings seasons since the financial crisis. Despite shoring up their capital bases and paying out strong dividends, the five biggest banks – HSBC, Barclays, Standard Chartered,...

  • Global stocks, dollar stumble ahead of Fed, BOJ meetings

    World stocks, the dollar and oil all fell modestly yesterday as investors locked in recent gains before central bank meetings in the United States and Japan this week. European and Asian equities both sank as 3.2 and 1.2 per cent falls for miners...

  • FIMBank climbs to its highest level in over 2 years

    The MSE Share Index opened the week virtually unchanged at 4,534.850 points as the gains registered in the equities of FIMBank, MIA and IHI were offset by the declines in BOV and GO. Meanwhile, six other shares closed flat. Volumes across the...

  • LVMH – company analysis post Q116 results

    LVMH – company analysis post Q116 results

    We left our price target on LVMH unchanged at €167/share post Q116 sales and revenue release. This represents a 10 per cent upside to the current price. Sales came in line with our expectations but one per cent below market expectations. We...