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  • Roaming ‘roboats’

    Roaming ‘roboats’

    Self-driving boats and assemblies of robotic platforms will one day shuttle people and goods along Amsterdam’s centuries-old canals – if a project part-funded by the Massachusetts Institute of Technology (MIT) bears fruit. Researchers said they...

  • Stocks, dollar edge up as focus turns to Fed, BOJ

    World stock indexes rose and the dollar edged up against a basket of currencies yesterday as investors awaited the outcomes of Federal Reserve and Bank of Japan policy meetings that will conclude on Wednesday. Investor expectations are low that...

  • Dizz Finance launches €8 million bond issue

    Dizz Finance plc, a company forming part of the DIZZ Group, operators of clothing franchises Terranova, Liu Jo and Calliope, among others, has announced the issue of an €8 million unsecured bond, following approval from the Malta Financial...

  • Marginal movements across local equities

    Marginal movements across local equities

    The MSE Share Index ended this morning’s session marginally lower as the drop in FIMBank plc outweighed the rebound in GO plc’s share price whilst the remaining five active equities ended unchanged. GO plc recovered from an intra-day low of €3.159...

  • Portfolio risk vs asset risk

    Portfolios of retail investors are generally composed of a number of diverse asset types. The level or tolerance to risk between one investor and another differs and hence, not only the composition of portfolios but also the diversity in terms of...

  • A Fed surprise could close confidence gap

    A Fed surprise could close confidence gap

    Market volatility is low, US census data shows income gains have reached the middle class and workers are clawing back a larger share of national income. For now, at least, no international risk stands out and inflation may even be picking up. If...

  • Rolls-Royce to cut 200 more management jobs

    Rolls-Royce said it is cutting more than 200 management jobs as part of its ongoing restructuring. Chief executive Warren East launched a turnaround programme last year, with the aim of saving between £150 million and £200 million a year by...

  • BIS warns China banks risk crisis within three years

    BIS warns China banks risk crisis within three years

    Excessive credit growth in China is signalling an increasing risk of a banking crisis in the next three years, a report from the Bank for International Settlements (BIS) says. An early warning of financial overheating – the credit-to-GDP gap – hit...

  • Money market report for the week ended September 16

    On Monday, September 12, the European Central Bank announced its weekly main refinancing operation (MRO). The operation was conducted on Tuesday, September 13, and attracted bids from euro area eligible counterparties of €41.58 billion, €0.20...

  • Engie to cut 1,150 French jobs

    Engie to cut 1,150 French jobs

    French gas and power group Engie plans to cut about 1,150 jobs in various support functions and the firm’s Liquefied Natural Gas (LNG) business is set to book a full-year loss after making losses in the first half, L’Expansion said. The newsletter...

  • Dollar falls, stocks gain

    World stock indexes climbed and the US dollar weakened yesterday on expectations the US Federal Reserve will leave interest rates unchanged after its policymakers meet this week, while oil prices surged from multi-week lows. US Treasuries yields...

  • MSV Life appoint new business development head

    MSV Life plc have appointed Michael Galea as Chief Officer, Business Development. Mr Galea will be responsible for directing and coordinating the design, establishment and optimisation of the business development value chain of MSV Life, including...

  • ETFs with a different geographical focus

    Many investors do not take advantage of diversified Exchange Traded Funds (ETFs) when they create a strategic asset allocation for their portfolio and the need for diversification. Below is an explanation of what an ETF is and also five ETFs with...

  • EU is a marriage of convenience

    EU is a marriage  of convenience

    Some political analysts argue that Brexit could be the beginning of the dissolution of the EU that is increasingly looking like a jumbled jigsaw of disparate nations. Others believe that Brexit is a consequence rather than a possible cause of the...

  • ­­­Shipping movements

    These ships are expected in Malta: The Asiatic Orchid from Varna, the CMA CGM Vela from Fos-sur-Mer to Damietta, the Coneste from Trapani (all CMA CGM Malta Agency Ltd), the Passat from Valencia to Tunis, the Merito from Oran to Algiers, the...

  • The end of cash is nigh

    The end of cash is nigh

    The last time I ate with my parents we talked about family, health issues, and, being Austrian, the presidential elections – a loaded issue for Austrians. But what got them worked up was the Euro­pean Central Bank’s recent announcement to stop...

  • AirX adds third Citation X to its fleet

    AirX adds third Citation X to its fleet

    A third Citation X aircraft recently joined the AirX fleet after undergoing a full upgrade of its cabin interiors. The aircraft can take eight passengers seated in luxurious leather seats in executive configuration. Ipads are installed on board to...

  • HSBC Bank Malta ATM at Smart City

    HSBC Bank Malta ATM at Smart City

    The increased occupancy level of office space at Smart City and the large community of employees who commute to their office on a daily basis have led to the installation of a new HSBC Bank Malta ATM in the SCM 02 Building on ground floor. The...

  • New gold coin represents Maltese ‘patakka’

    New gold coin represents Maltese ‘patakka’

    The Central Bank of Malta has just issued a numismatic coin in gold representing the copper four tari “patakka”. This coin has a face value of €5 and will be sold at €60. In 1566, Grand Master Jean de Valette embarked on the building of the...

  • Distributors in collective agreement

    GSD Marketing Ltd, distributors of The Coca-Cola Company brands produced in Malta by The General Soft Drinks Co. Ltd, has signed a five-year agreement with the company’s self-employed distributors. The distributors will enjoy increased benefits...