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  • Employee loans: are there any tax implications?

    Employee loans: are there any tax implications?

    Fringe benefit rules in Malta tend to cater for all forms of benefits receivable by an employee or his family members from an employer, despite the lack of tangibility and obvious difficulty in quantifying them. Very few would imagine that the...

  • Britain sees no inflation for first time on record

    Britain sees no inflation for first time on record

    British inflation vanished last month, hitting zero for the first time on record, official figures showed yesterday. The annual rate of consumer price inflation dropped to zero per cent, from 0.3 per cent in January, the Office for National...

  • Greece promises list of reforms by Monday to unlock cash

    Greece promises list of reforms by Monday to unlock cash

    Greece said it will present a package of reforms to its eurozone partners by Monday in hope of unlocking aid to help it deal with a cash crunch and avoid default. “It will be done at the latest by Monday,” government spokesman Gabriel Sakellaridis...

  • Europe’s banks set to sell €100bn of unwanted loans

    Europe’s banks set to sell €100bn of unwanted loans

    Europe’s banks are likely to sell a record €100 billion of loans this year that are no longer part of their main businesses, according to consultants PwC, chipping away at a pile of €1.9 trillion of unwanted assets. European banks last year sold...

  • Eurozone business activity growth accelerates as ECB quantitative easing kicks in

    Eurozone business activity growth accelerates as ECB quantitative easing kicks in

    Business activity in the eurozone accelerated much faster than thought this month, in a sign the European Central Bank’s bond buying programme may already be paying dividends, a survey showed yesterday. Any indication of a pickup will cheer ECB...

  • US law firm rallies Tesco investors to join lawsuit

    US law firm rallies Tesco investors to join lawsuit

    A US law firm is asking Tesco shareholders to join a group that wants to bring a lawsuit and seek billions of pounds in compensation for losses relating to the British retailer’s overstatement of profit last year. Tesco said on September 22 it had...

  • Eurozone, US manufacturing expand as China struggles

    Eurozone businesses ramped up activity in March as the European Central Bank started printing money to spur economic growth, while a slowdown among Chinese factories fuelled expectations of more monetary stimulus. US manufacturing growth also...

  • Medserv equity regains all-time high

    The equity of Medserv advanced by 4.2 per cent during this morning’s session to regain its all-time high of €1.72 (first reached on April 9, 2010) across two deals totalling 24,950 shares. Yesterday evening Medserv published its 2014 financial...

  • Common investment misconceptions

    It is natural for non-professional investors to at times fall victim to some misconceptions and forego opportunities or find false opportunities. For those looking to pre-empt this I think it is worth reading on. Bonds trading above par are a poor...

  • What you need to know about AMLD4

    The legislative process for approving the proposed Fourth EU Anti-Money Laundering Directive (AMLD4) is underway. On February 10, 2015, an agreement was approved between the Council of European Union and the European Parliament on strengthened...

  • Oil holds above $55 on weaker dollar as Saudi output rises

    Oil holds above $55 on weaker dollar as Saudi output rises

    Oil prices edged up yesterday, holding above $55 a barrel as a weakening dollar offset losses after Saudi Arabia indicated it was now pumping near a record high of 10 million barrels per day. Saudi Arabia has stood firm on output, saying it would...

  • Money market report for the week ended March 20

    On Monday, March 16, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The auction was conducted on Tuesday, March 17, and attracted bids from euro area eligible counterparties of €142.40 billion, €0.56 billion...

  • 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...