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  • FlexiFit: Now in your office!

    For your business, the implications are clear: encouraging physical activity translates to fewer health issues and improved employee performance – a fact that many large companies figured out long ago. One key action you can take to achieve this...

  • European stocks close unchanged

    European stocks ended flat yesterday, as worries over Scotland’s vote on independence and growing expectations of a more hawkish stance from the US Federal Reserve kept investors on edge. The market has become concerned that supporters of Scottish...

  • The new Mercedes-Benz C-Class

    The new Mercedes-Benz C-Class

    The all-new C-Class heralds a new chapter in the Mercedes-Benz success story and sets new standards in the premium medium-size category. Thanks to an intelligent lightweight-design concept boasting weight savings of up to 100kgs, excellent...

  • Shipping movements

    The following ships are expected in Malta: The Vega Carina from Skikda to Bizerte, the Conwest from Algiers to Algiers, the Oued Ziz from Skikda to Skikda (all Carmelo Caruana Co. Ltd), the Northern Jupiter from Port Tanger to Port Said and the...

  • Appointments

    Appointments

    Oil logistics and trading consultant Charles Daly has been co-opted to the Medserv board as a non-executive director. He will be replacing Johannes Jacobus van Leeuwen who is retiring from the board after 17 years of service to the Medserv...

  • MIA regains its all-time high

    MIA regains its all-time high

    The record passenger movements being registered by Malta International Airport plc continued to support the equity during this morning’s session with the share price advancing by 2.2% to regain its all-time high of €2.35 across three deals...

  • No new debt for Germany in2015 – first time since 1969

    No new debt for Germany in2015 – first time since 1969

    Finance Minister Wolfgang Schaeuble said Germany would not take on new debt next year for the first time since 1969, under­lining the robustness of the country’s finances as European partners urge it to do more to boost eurozone growth. Speaking...

  • BoE’s Carney says spring rate hike possible

    BoE’s Carney says spring rate hike possible

    The Bank of England may start to raise interest rates next spring if the labour market continues to recover from the financial crisis, Governor Mark Carney said yesterday. Carney said forecasts made by the bank last month showed that if rates...

  • UK July industrial output indicates the biggest rise in six months

    British industrial output rose the most in six months in July thanks to strong electricity and gas output, but the recent trend remains weak and the country’s trade deficit widened, official data showed yesterday The Office for National Statistics...

  • Parody and intellectual property

    Parody is in essence an imitative work, created purposely with a satirical or ironic, often humorous, intent to lampoon a work of art, be it literary, music or film. Parody can take the shape of a slight alteration to wording or a reworking of a...

  • Dollar hits a 14-month high on euro

    The US dollar jumped to a 14-month high against the euro yesterday as investors bet the Federal Reserve would hike interest rates earlier than expected, a view that knocked bond prices and helped dampen global equity markets. The dollar...

  • Jaguar targets women, younger drivers with its cheapest car yet

    Jaguar targets women, younger drivers with its cheapest car yet

    British luxury carmaker Jaguar launched its cheapest ever car, the first new model in a range designed to widen its appeal to women and younger drivers and take on bigger rivals such as BMW, Audi and Mercedes-Benz. After years in the doldrums,...

  • High volumes in Tigne Mall

    High volumes in Tigne Mall

    The MSE share index inched 0.2 per cent higher to 3,364.968 points today, as four equities closed higher. Bank of Valletta continued its upward trend with a share price increase of a further 0.4 per cent to the €2.27 level across 31,200...

  • Electrolux to boost US presence

    Electrolux to boost US presence

    Sweden’s Electrolux said yesterday it would buy General Electric Co.’s appliances business for $3.3 billion in cash to double sales in North America and take on rival Whirlpool Corp. in its biggest ever deal. Electrolux said in August it was in...

  • Money market report for the week ended September 5, 2014

    On Thursday, September 4, the Governing Council of the European Central Bank (ECB) reduced the rate on its main refinancing operations (MRO) by 10 basis points to 0.05 per cent with effect from tomorrow, September 10. Furthermore, with effect from...

  • Japan second-quarter GDP shrinks more than expected

    Japan’s economy shrank an annualised 7.1 per cent in April-June from the previous quarter, more than a preliminary estimate, underscoring concerns the hit from an April increase in the sales tax may have been bigger than expected. The revised...

  • Cost to hedge sterling swings rises as Scottish vote looms

    Cost to hedge sterling swings rises as Scottish vote looms

    The cost of hedging against near-term currency swings from a possible ‘yes’ vote in Scotland’s independence referendum jumped to a 13-month high yesterday, as more hedge funds sought protection from wild fluctuations in the pound. With less than...

  • Scotland split fears slam pound

    The threat of Scotland splitting from Britain knocked the pound to a 10-month low against the dollar yesterday and sparked caution across equity markets already uncertain about whether a ceasefire in Ukraine would hold. An opinion poll showed for...

  • Fixing the public health service

    Fixing the public health service

    European countries like the UK, France, Malta and Cyprus that provide public medical services that are free at the point of delivery are under constant pressure to ensure that their healthcare system is financially viable. This often means tough...

  • Nearly half of Britons see interest rate hike in next 12 months – BoE

    Nearly half of Britons see interest rate hike in next 12 months – BoE

    Nearly half of Britons now expect the Bank of England to raise interest rates from record low levels over the next 12 months, the highest proportion in more than three years, a poll has shown. The BoE’s quarterly inflation attitudes survey showed...