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Business

  • Hitting the right note?

    Hitting the right note?

    Few platform releases this year generated the headlines that Apple Music did. For better or worse, the new music service has rarely been out of the news since launch and is unlikely to do so anytime soon. Apple’s biggest strength is taking...

  • Property consultants receive Coldwell Banker training

    Property consultants receive Coldwell Banker training

    A number of Coldwell Banker Paramount Realty property consultants have completed an intensive course that further prepares them for their career in real estate. Coldwell Banker Malta managerial director Hermann Mallia said it is critical for new...

  • Product safety in Europe

    Product safety in Europe

    Prosafe, the Product Safety Enforcement Forum of Europe, has launched its biggest joint action ever. In the coming two years, 35 market surveillance authorities from 27 EU member states or EFTA countries will cooperate to target non-compliant...

  • Strings attached

    Strings attached

    Guitar Hero Live marks the revival of a loved series of music games that made rock idols out of all of us – or at least, it made us think we are. It is due this autumn on PlayStation 4, PS3, Xbox One, Xbox 360 and Wii U. The game has a new...

  • PKF Malta presents report on Solvency II

    PKF Malta presents report on Solvency II

    PKF Malta, in collaboration with Finance Malta, carried out a survey to measure the impact of the Solvency II regulation on Maltese insurers. The results were presented during a workshop at Finance Malta’s annual conference held recently. A copy...

  • Membrane problems

    Membrane problems

    Q: Towards the end of 2010 I had waterproofing membrane done on the roof of my house. The work done carried a 10-year guarantee. Two years after the work was done some of the membrane started peeling off the wall. I therefore called the service...

  • Samsung scrapes to victory in proxy battle over $8bn merger

    Samsung scrapes to victory in proxy battle over $8bn merger

    Samsung Group’s founding family yesterday scored a narrow win in a landmark proxy battle, fending off an activist investor opposed to an $8 billion deal that cements its grip as a new generation prepares to take the reins of South Korea’s biggest...

  • Toshiba probe finds top executives involved in company-wide scandal

    Toshiba probe finds top executives involved in company-wide scandal

    A panel investigating an accounting scandal at Toshiba Corp. has found that top executives were involved in improper practices, confirming the institutional nature of the abuses, a person directly involved in the investigation said...

  • Yellen says open to raising threshold for systemic banks

    Federal Reserve chair Janet Yellen said on Thursday she was open to raising a threshold for determining a bank’s systemic importance and indicated that US lenders had made progress in their submissions of so-called living will plans this...

  • Four equities close at record high

    The Malta Stock Exchange index added a further 0.65 per cent to its ongoing upward streak, to close at 4,155.626 points. Activity was spread across 17 equities of which eight gained ground, five declined and four closed unchanged as turnover...

  • Mixed corporate results hit shares as dollar edges higher

    Stocks worldwide slipped yesterday after disappointing corporate results from companies such as Boeing and Volvo and after a recent rally fuelled by expectations for a Greek debt deal faded, while the US dollar gained on strong US inflation and...

  • Online gambling firm 888 to buy Bwin.party in cash and stock deal

    Online gambling firm 888 to buy Bwin.party in cash and stock deal

    Online casino and poker firm 888 said yesterday it had agreed to buy larger rival Bwin.party Digital Entertainment in a cash and stock deal worth almost £900 million ($1.4 billion). 888, which rejected a takeover by Britain’s biggest bookmaker...

  • Google’s profit rallies

    Google’s profit rallies

    Shares of Google Inc. rose nearly 12 per cent after the web search leader’s profit beat forecasts for the first time in the last six quarters, boosted by strong advertising revenue. Google rallied to $673.50 in extended trading, an all-time high...

  • BT could be broken up to improve Britain’s broadband networks

    Britain’s telecoms regulator is seriously considering a break up of dominant provider BT, after rivals accused it of abusing its market position and failing to invest in the broadband networks they rely on. Ofcom floated the idea of a forced...

  • GE offers bid concessions

    US conglomerate General Electric has offered concessions in an attempt to counter EU regulatory concerns about its €12.4 billion bid for French peer Alstom’s power unit, its biggest ever acquisition. The company submitted its proposal on Thursday...

  • Daily currency report

    With markets back to focusing on global interest rates, the US dollar fared buoyantly, rising to its strongest in seven weeks against the euro and to fresh six-year peaks against peers from Canada, Australia and New Zealand. Fears over Greek debt...

  • Share index reaches new 7-year high

    The share index jumped 0.9 per cent during this morning’s session to reach a fresh seven-year high of 4,155.626 points as various equities trended in positive territory. Most notably, the equity of HSBC moved 3.9 per cent higher to regain the...

  • Europe is no Japan (yet)

    Europe is no Japan (yet)

    As low as the yields on European credit may seem, the asset class seems to have defied (at least for now) fears of Japanification. To start with, whereas the 10-year German yield tested (over Q1 2015) levels that were lower than those experienced...

  • The five presidents’ report

    The past few weeks have been dominated by the issue of the Greek sovereign debt. However, there has been an equally important development whose impact is probably likely to be very significant. I am referring to what has been referred to as the...

  • ECB raises Greek bank funding

    ECB raises Greek bank funding

    The European Central Bank raised its emergency funding for Greek banks slightly yesterday in a step to help banks partially reopen after eurozone governments agreed in principle to grant Athens a new three-year loan. ECB president Mario Draghi...

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