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  • Google anti-trust foes see friend in EU’s new competition chief

    Google anti-trust foes see friend in EU’s new competition chief

    After waiting more than four years for Brussels to resolve his anti-trust complaint against Google while traffic to his website plunged by 80 per cent, Michael Weber of German online mapping service Hot-Map.com held out little hope of success.

  • GE to sell real estate holdings, sets $50 billion share buyback

    GE to sell real estate holdings, sets $50 billion share buyback

    General Electric Co. said it plans to sell the bulk of its $30 billion real estate portfolio over the next two years as it returns to its industrial roots, and has set a share buyback plan of up to $50 billion – the second-largest ever. GE’s...

  • BOV and HSBC drag index 1.1% lower

    The Malta Stock Exchange index practically erased last week’s positive return as it eased 1.1 per cent over the four-day trading week, closing at 3,766.201 points. Turnover amounted to €2.2 million spread across 14 equities of which 10 gained...

  • Nikkei tops 20,000 as European shares taste 15-year high

    World equity markets tasted record highs yesterday as hopes of more easy money from top central banks pushed Japan’s Nikkei index past 20,000 points for the first time in 15 years. The dollar added to recent gains, moving it towards parity with...

  • Wall St heads into worst earnings season in six years

    Wall Street is greeting what is expected to be the worst earnings season since 2009 with a gigantic shrug. Though there has been some selling in recent weeks, there’s been no panic dumping of stocks, even though forecasts for S&P 500 first-quarter...

  • Gain CEO says Swiss franc fallout will cause brokers more pain

    Retail currency brokers survived the Swiss franc’s surge in January, but they will take more hits as some choose not to pursue bankruptcy clients who lost money, according to the head of one of the market’s biggest players. Speaking to Reuters...

  • Daily currency report

    A generally stronger US dollar notched one-week highs, a reflection of the tug of war over US rate hike expectations showing momentum building for the side pulling for a sooner move by the Federal Reserve. The dollar was dealt a setback last week...

  • Volatile week for BOV’s equity

    During the final trading session this week, the share index advanced by 0.8 per cent to 3,766.201 points mainly due to gains in the share prices of BOV and GO. Despite the upturn today, the equity benchmark still closed the week 1.1 per cent lower...

  • What does the recent M&A activity imply for bond investors?

    Over the past few weeks some notable mergers and acquisitions (M&A) took place involving hundreds of billions. FedEx acquired TNT for USD4.8 billion, Heinz announced that it will merge with Kraft Foods and, just this week, Shell decided to take...

  • The limitations of ‘big data’

    Every marketing person has been hounded by the term ‘big data’. In case you have not heard, big data is seen as the answer to successful marketing nowadays. One wonders whether it will end up being one of those management fads we had got...

  • Greece makes IMF payment, gets funds but doubts remain

    Greece makes IMF payment, gets funds but doubts remain

    Greece made a crucial payment to the International Monetary Fund and won extra emergency lending for its banks yesterday but it remained unclear whether Athens can satisfy sceptical creditors on economic reforms before it runs out of...

  • ‘Opec will coordinate itself to accommodate renewed Iran exports’

    ‘Opec will coordinate itself to accommodate renewed Iran exports’

    The Organisation of Petroleum Exporting Countries (Opec) will “coordinate itself” to accommodate Iran’s return to oil markets without causing a price crash, Bijan Zanganeh, Iran’s oil minister, said yesterday, during a visit to Beijing. Members of...

  • New technology to slash foreign currency costs for consumers

    New technology to slash foreign currency costs for consumers

    Consumers should pay less than one per cent in fees to exchange currency thanks to changes in financial infrastructure that are gathering pace, says the head of one of Europe’s biggest payment infrastructure providers. That compares to up to 10...

  • European stocks at seven-year high as Greece to repay IMF

    World equity markets rose yesterday, lifted after Greece confirmed it will pay a €450 million loan tranche to the International Monetary Fund and on growing expectations the US Federal Reserve will not raise interest rates until the latter part of...

  • Benefits of environmental management

    The interrelationship between the economy and the environment is central in understanding the underlying reasons why environmental management by organisations is essential. It is widely recognised that the environment is the source of supply for...

  • Company social responsibilities

    Company social responsibilities

    Middlesea supports St John Rescue Corps Middlesea Insurance has signed a three-year sponsorship agreement with the St John Rescue Corps. The support will allow the Rescue Corps to train volunteers and prepare them to provide emergency...

  • Samsung Galaxy S6 range now in Malta

    The Samsung Galaxy S6 range of smartphones is now available in Malta, local distributor SoundMachine said. The S6 Edge takes design and functionality to a whole new dimension with a dual edge display. Both the S6 and S6 Edge are packed with...

  • BOV’s equity in partial rebound

    Following two consecutive sessions of heavy declines, the share price of Bank of Valletta rebounded by 1.4 per cent during this morning’s session to regain the €2.23,1 level across 18 deals totalling 45,890 shares. The bank’s share price lost 7.9...

  • A long-term view of the auto sector

    There seems to be a consensus amongst investment analysts that the auto sector is one of the most attractive equity investments for 2015. I am of the opinion that this evaluation is fair despite the recent surge in equity prices to record levels.

  • Only handful of companies won’t make energy audit deadline

    Only handful of companies won’t make energy audit deadline

    A handful of companies may not make the December 5 guideline for mandatory energy audits, unless they get them going soon. Charles Buttigieg, the senior policy officer at the Sustainable Energy and Water Conservation Unit, said that around 50...