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  • Britain in ‘front seat’ for US trade deal – top Republican

    Britain in ‘front seat’ for US trade deal – top Republican

    Britain would be in the “front seat” to negotiate a new trade deal with the incoming administration of Donald Trump, a top Republican in the United States Senate said, according to the BBC. Senate Foreign Relations Committee chairman Bob Corker...

  • Alibaba’s Ma promises to bring 1m jobs to US

    Alibaba executive chairman Jack Ma met US President-elect Donald Trump on Monday and laid out the Chinese e-commerce giant’s new plan to bring one million small US businesses on to its platform to sell to Chinese consumers over the next five...

  • Equities gain on commodities rise while dollar falls

    Stocks rose worldwide yesterday supported by a rally in commodities such as copper and precious metals, while the US dollar fell on investor caution ahead of a news conference by US President-elect Donald Trump on Wednesday. European stock...

  • Saudi embrace of ride-hailing apps drives economic, social change

    Saudi embrace of ride-hailing apps drives economic, social change

    Saudi Arabia hopes its plan to bring a further 1.3 million women into the workforce by 2030 will be given a lift from ride-hailing apps Uber and Dubai-based rival Careem. The cars, which the government says should only be driven by Saudi men,...

  • Company briefs

    The European Commission has launched a public consultation to gather stakeholders’ views on possible options for multilateral reform of the way investment disputes are resolved, including the establishment of a Multilateral Investment Court. The...

  • Share index climbs to a fresh near nine-year high

    Yesterday’s marginal drop in the share index proved short-lived as it rebounded by 0.1% to 4,647.789 points – the highest reading since mid-April 2008. Trading activity was spread across 11 equities with four moving higher, another four registered...

  • Emerging market economies in 2017

    To think that emerging markets would have had the run they did in 2016, following the dismal start to the year, and come out of it more than unscathed, is no mean feat. Let's face it. 2016 was a challenging year for emerging markets, and it could...

  • Fiat Chrysler ups the ante as automakers respond to Trump

    Fiat Chrysler ups the ante as automakers respond to Trump

    Fiat Chrysler Automobiles said it would invest $1 billion to modernise two plants in the US Midwest and create 2,000 jobs, upping the ante as automakers respond to threats from President-elect Donald Trump to slap new taxes on imported...

  • Mercedes-Benz to overtake BMW as largest premium carmaker

    Mercedes-Benz is expected to reach its goal of becoming the largest premium carmaker four years early. Introducing an elegant, sporty design and establishing itself as a pioneer in new technologies like autonomous driving has helped revive the...

  • US employment growth seen strong in December, wages up

    US employment growth seen strong in December, wages up

    US employers maintained a solid pace of hiring in December while raising wages, putting the economy on a path to stronger growth and further interest rate increases from the Federal Reserve this year. Nonfarm payrolls increased by an estimated...

  • FBI arrests Volkswagen exec on fraud charges – NYT

    The Federal Bureau of Investigation has arrested a Volkswagen AG executive on charges of conspiracy to defraud the United States, the New York Times reported yesterday. Oliver Schmidt, who headed the company’s regulatory compliance office in the...

  • French central bank reaffirms Q4 GDP up 0.4%

    French central bank reaffirms Q4 GDP up 0.4%

    France’s economy would expand by 0.4 per cent in the fourth quarter, the Bank of France said yesterday, reaffirming an earlier GDP growth forecast made last month. The Bank of France added that the business sentiment indicator for the...

  • Iran capitalises on Opec oil cut to sell millions of barrels – sources

    Iran has sold more than 13 million barrels of oil that it had long held on tankers at sea, capitalising on an Opec output cut deal from which it is exempted to regain market share and court new buyers, according to industry sources and data. In...

  • EY’s Entrepreneur of the Year Malta judges announced

    For the last three decades, EY’s Entrepreneur of the Year has gone from strength to strength and is now held in over 60 countries. With the event now coming to Malta, local entrepreneurs and businesses will have a unique chance to compete to...

  • Oil slumps on supply worry while sterling hurt by May remarks

    Oil prices fell yesterday on signs that growing US output could undermine plans by other producers to cut supply, while sterling slumped following comments by British Prime Minister Theresa May alluding to an aggressive exit from the European...

  • Money market report for the week ended January 6

    On Monday, January 2, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The operation was conducted the following day and attracted bids from eurozone eligible counterparties of €34.01 billion, €5.13 billion...

  • Rizzo Farrugia MGS Index drops to a 14-month low

    The indicative opening Malta Government Stock prices quoted by the Central Bank of Malta extended their recent sharp downward trend today. The Rizzo Farrugia MGS Index moved lower for the sixth consecutive day and slipped by a further 0.35% to a...

  • EY’s Entrepreneur of Year award coming to Malta

    EY’s Entrepreneur of Year award coming to Malta

    EY's Entrepreneur of the Year award, which is now in its third decade and spread over 60 countries around the world, is now in Malta. The competition is aimed at entrepreneurs across all sectors, with entries open until February 20. The winner of...

  • The Equity Dream Team of 2016

    A new year brings with it new challenges. 2016 had its fair share of events which dominated the markets. From the Asian crisis at the beginning of the year followed by Brexit, Donald Trump and the Italian referendum. Despite all these events, the...

  • The year of the US dollar

    The year of the US dollar

    The currency markets rarely cause much excitement among financial analysts as short-term movements in the value of the world’s currencies are usually very modest – unlike what one sees in the more volatile debt and equity markets. But this sleepy...