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  • Nestlé bets on innovation, price hikes to revive its sales growth

    Nestlé bets on innovation, price hikes to revive its sales growth

    Nestlé, the world’s largest packaged foods maker, is counting on new products and price increases in the second half of the year to meet its full-year sales growth target after a weaker than expected first half, the company said yesterday. The...

  • Political risk? Banking crisis? Investors buy eurozone debt anyway

    Political risk? Banking crisis? Investors buy eurozone debt anyway

    Unrelenting demand for fixed income has pushed yields, in Europe at least, to a point where investors no longer distinguish one country’s bonds from another’s – potentially storing up trouble for when focus returns to the economic drivers behind...

  • Eurozone return to inflation confirmed as food prices surge

    Eurozone return to inflation confirmed as food prices surge

    A modest uptick in eurozone inflation in July was confirmed by data yesterday which showed food prices surging over the year, although overall price indices still fell in 12 of the 19 member states. Eurozone prices rose 0.2 per cent year-on-year,...

  • Top steel firms’ debt level totals record $150 billion – EY

    Top steel firms’ debt level totals record $150 billion – EY

    Debt in the world’s top 30 steel companies totals a record $150 billion, international accountancy firm EY said yesterday, adding governments’ action to support the sector would work only if matched with more radical industry...

  • World stocks rise, backed by oil gains and a weak dollar

    World stock markets moved higher as oil prices rose and the dollar sank to a near eight-week low yesterday after minutes from the US Federal Reserve’s latest meeting showed policymakers were divided over whether to raise interest rates soon. A...

  • MIA regains the €4.25 level

    MIA regains the €4.25 level

    The MSE Share Index erased some of yesterday’s losses as it closed 0.13% higher at 4,420.371 points. Activity was spread across eleven equities, with four of them registering gains, another four finished unchanged whilst three shares suffered...

  • Potential of further QE in Europe driving equities higher

    Potential of further QE in Europe driving equities higher

    European stocks closed 1.13 per cent down yesterday as investors awaited minutes from the Federal Reserve gauge whether market analysts were taking the possibility of a rate hike too lightly. This was the fourth day that the European Stoxx 600...

  • The summer bond market rally

    The summer bond market rally

    The historic consultative Brexit referendum on June 23 had wide implications across various asset classes, namely equities, currencies and also bonds. The immediate reaction across international financial markets as the surprising result was...

  • Shipping movements

    These ships are expected in Malta: The MV Eurocargo Genoa from Genoa to Livorno, the Seago Piraeus from Antwerp to Piraeus (Thomas Smith Shipping Ltd), the Hajnin Buddha from Port Said to Barcelona (Sullivan Shipping) and the MSV Kalina from...

  • UK jobless benefit claimants unexpectedly fall despite Brexit shock

    The number of people claiming unemployment benefit in Britain unexpectedly fell in July despite the shock to the economy caused by the Brexit vote, official data showed yesterday. Claimants fell by 8,600 in the month, compared with an increase of...

  • Uber takes legal action over new rules in London

    Uber has launched legal action against new rules in London such as written English tests for its drivers, in the latest battle between regulators and the car ride app which has faced bans and protests worldwide. Following months of demonstrations...

  • Global stocks fall as investors take profits

    Stocks around the globe turned lower yesterday as investors sold equities ahead of the release of minutes from the Federal Reserve’s July meeting a day after two Fed officials said US short-term interest rates could rise as soon as next month. The...

  • IHI slides nearly 6.0%

    IHI slides nearly 6.0%

    The MSE Share Index erased yesterday’s gains as it slipped by 0.54% to 4,414.806 points today. Much of the decline in the index was due to the 5.8% slump in the share price of International Hotel Investments plc which retracted to the €0.612 level...

  • Keep following the indicators

    Investing in financial markets requires its fair share of decision making. Assuming individuals are rational in their decisions, market knowledge would want to be known beforehand for a better understanding of the state an economy is in. In...

  • Workers’ right to unused leave

    An employee remains entitled to an allowance by way of compensation for any days of annual leave not taken in the course of his employment even when the said employee himself decides to retire from the job, the Court of Justice of the European...

  • BHP Billiton says commodity price ‘free fall’ over

    BHP Billiton says commodity price ‘free fall’ over

    BHP Billiton reported a record $6.4 billion annual loss yesterday, hammered by a bad bet on shale, a dam disaster in Brazil and a commodities slump, but sounded a note of optimism as prices stabilise and its costs fall. The world’s biggest mining...

  • Stocks fall while bond yields rise

    Wall Street stocks followed European and Asian bourses lower yesterday, retreating from record highs touched on Monday, after weak US data and comments by an influential Federal Reserve policymaker that the US central bank could raise interest...

  • GO share price at a 12-week high

    GO share price at a 12-week high

    The MSE Share Index kicked-off this shortened week on a positive note as it edged up by 0.28% to 4,438.659 points. Activity was spread across eight equities, with six of them closing higher whilst only HSBC and Lombard registered declines. Trading...

  • Google takes on FaceTime and Skype with video calling app

    Google takes on FaceTime and Skype with video calling app

    Now, all you need is a phone number to start a video call with any contact who uses an Android- or iOS-based smartphone. Google launched Google Duo today, pitting it directly against Apple Inc's FaceTime, which allows video calls only between...

  • Creating job opportunities and meeting increased market demand

    Creating job opportunities and meeting increased market demand

     Turnover is for show, but cashflow is king. A solid strategy for your company’s accounts goes a long way to help your business stay healthy and solvent. If guidance for your accounting and tax requirements is what you need, then a reliable...