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Business

  • 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...

  • Thorough examinations and preventive inspections of lifts

    An Authorised Conformity Assessment Body (ACAB) carries out thorough examinations and preventive inspections on existing and new lifts, as specified by the Inspection of Lifts Regulations of 2007. A list of ACABs is available on the Malta...

  • European launch of 7 Habits of Highly Effective People 4.0

    FranklinCovey partners, executives and clients attended the European marketing launch of Seven Habits of Highly Effective People – Signature 4.0 in Amsterdam, Holland. Sean Covey, executive vice president, Global Solutions and Partnerships, said...

  • Weekly consumer advice

    • Paying a deposit is a commitment with the seller to purchase a specific product or service. • If the seller breaches the contract of sale, consumers may cancel the sale and request a refund of the deposit paid. • A sale cannot be cancelled...

  • France’s odd couple push Europe to rethink growth

    One is a balding, bespectacled safe-pair-of-hands known for his negotiating skills; the other a firebrand orator of the French left who made his name riling big business, Brussels and Berlin. Step forward Finance Minister Michel Sapin and Economy...

  • Local equities continue to recover

    The Malta Stock Exchange extended last week’s positive performance as it appreciated by a further 1.05 per cent, to close at 3,496.419 points, reducing the year to date loss to five per cent. A total of 16 equities were active over the week, of...

  • Royal Mail spotlight reopens rift between bankers and advisers

    The fallout from the controversial stock market flotation of Royal Mail has reopened a rift between the bank and independent advisers who run such deals. Accusations that taxpayers lost money on the £2 billion float arose after the shares closed...

  • Tech stocks tumble as FTSE slides

    Technology stocks tumbled yesterday as the benchmark equity index fell alongside global markets, suffering its biggest weekly loss in a month. Financial services and investment management group Hargreaves Lansdown was among the top FTSE 100...

  • IHI rebound lifts MSE share index

    Following two consecutive sessions of decline, the MSE share index moved back into positive territory today with a 0.8 per cent increase to 3,496.419 points largely due to the rebound in the share price of International Hotel Investments plc. The...

  • Is the ECB going for QE?

    The president of the European Central Bank, Mario Draghi, surprised everyone last week when he told journalists that ECB does not rule out the use of what economists refer to as quantitative easing (QE). His actual statement was that the ECB was...

  • French anti-trust watchdog probes over eye drug

    France’s competition authority is investigating drugmakers Roche and Novartis on suspicion they were involved in anti-competitive practices in relation to eye disease treatments, the companies said yesterday. This is the second time in as many...

  • Signs of improvement for M&S as sales rise

    British retailer Marks & Spencer showed its turnaround programme may finally be gaining traction after its fourth quarter results recorded an improvement in the sales falls suffered by its main non-food division. Despite the improving picture, the...

  • Italian court bars Emirates from flying key route to the US

    An Italian court has ruled that Emirates cannot operate flights directly between Milan Malpensa airport and New York, upholding a legal challenge brought against the Gulf airline by the Italian carrier association Assaereo. Assaereo, whose biggest...

  • Tech stocks sink Wall Street

    US technology stocks slumped yesterday, resuming recent weakness in shares which had previously led US stocks higher for more than a year, while Greece’s much-heralded return to the bond market buoyed eurozone debt. The yield on the benchmark...

  • EU antitrust chief sees lengthy review of Holcim, Lafarge deal

    Swiss cement producer Holcim’s plans to merge with French peer Lafarge and create the world’s biggest cement maker will be subject to an extensive review, the European Union’s antitrust chief said yesterday. Holcim and Lafarge, the top two in the...

  • Basel issues final rule on banks’ exposure to clearing houses

    Capital charges on banks to cover their exposure to clearing houses will be capped from 2017, the global Basel Committee of banking supervisors said yesterday. Clearing houses, which stand between two sides of a trade to ensure its completion if...

  • MIA’s share price reaches new all-time high

    The share price of Malta International Airport plc gained 0.9 per cent to a new all-time high of €2.32 across four deals totalling 29,810 shares. Recently, the airport operator revealed that during the first quarter of 2014 a record of 655,942...

  • ULCs put into context

    The Governor of the Central Bank of Malta Josef Bonnici has played down the convergence of Malta’s unit labour costs (ULC) with those of the EU, saying that they were also a reflection of structural changes. During the presentation of the CBM...

  • When you deserve more than ‘just a job’

    The i-gaming space came to Malta over 10 years ago and quickly changed the employment landscape across the islands. Previously, there was a “client driven” employment market, where the local firms could pick and choose the best individuals...

  • Japan, United States face off in crucial trade negotiations

    Japan and the United States yesterday began a round of crucial talks aimed at concluding a trade pact seen as critical to the success of regional negotiations, although officials warned that bridging differences would be difficult. Tokyo and...

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