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  • Oil down as bond prices rally amid growth fears

    A rebound on Wall Street buoyed global equity markets yesterday, but lingering anxiety over world economic growth pushed more investors into safe-haven US and German debt and slammed oil prices again. Worries about a slowing global economy and...

  • Europe’s top court weighs German challenge to ECB

    Europe’s top court weighs German challenge to ECB

    Europe’s top court yesterday heard a challenge to the European Central Bank’s landmark bond-buying scheme to contain the eurozone crisis in a case underscoring deep concerns in Germany over ECB clout. The case comes more than two years after the...

  • Malta’s core domestic banks

    Malta’s core domestic banks

    The recently published Central Bank of Malta’s Financial Stability Report 2013 has been the subject of very limited comment in the financial press. This is surprising as it contains a mine of information including various statistics and charts...

  • Eurozone seeks to soften German opposition to stimulus spending

    Eurozone seeks to soften German opposition to stimulus spending

    France and Italy will keep pressure on Germany this week to use government money to revive the eurozone’s stagnating economy but in a sign of inertia, a promised list of projects to create growth will not be ready until December. European finance...

  • Money market report for the week ended October 10

    On Monday, October 6, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The auction was conducted the following day and attracted bids from euro area eligible counterparties of €84.21 billion, €4.86 billion...

  • Britain puts stake in Eurostar up for sale

    Britain puts stake in Eurostar up for sale

    The British government plans to sell its 40 perc ent stake in the fast-speed Eurostar train operator that links Britain with the European continent, Chancellor George Osborne announced late on Sunday. Osborne invited bidders to put in expressions...

  • Brent oil falls to lowest level in four years

    Brent crude oil fell to its lowest level in almost four years yesterday after key Middle East producers signalled they would keep output high even if that meant lower prices. Meanwhile, the US dollar weakened after comments from Federal Reserve...

  • Company Social Responsibilities

    Air Malta together with Sky Gourmet will be assisting Europa Donna Malta (Breast Care Support Group) during the month of October. Air Malta’s cabin crew are distributing pink ribbons and collecting donations from passengers on selected flights to...

  • BOV drags MSE Share Index to 2-week low

    BOV drags MSE Share Index to 2-week low

    The MSE Share Index closed in negative territory for the fifth time in the last six sessions today with a decline of a further 0.4% to a fresh 2-week low of 3,325.957 points. This morning’s retreat was largely due to the 1.8% drop in the share...

  • Inland-waterway vessels

    The ever growing number of Malta-flagged vessels is evidence of the robust framework within which the Maltese ship-registry operates, comprising sound legislation and practical procedures which continue to meet best industry standards. Malta, as a...

  • Hidden costs of the economic crisis

    Hidden costs of the economic crisis

    Whether the economic crisis that hit Europe in 2007 is still on or not remains debatable. Some distressed countries like Spain and Ireland have returned to economic growth, but unemployment remains persistently high. Some of those still in...

  • ­­­Shipping movements

    The following ships are expected in Malta: The Jork Valiant from Ploce to Ravenna, the Sirius from Mersin to Antalya, the Santa Balbina from Tanger Med to Gemlik, the Pago from Valencia to Livorno, the Fas Dammam from Tunis to Algiers, the AS...

  • Local businesses are hit by slowdown in Libyan visas

    Local businesses are hit by slowdown in Libyan visas

    A number of businessmen have lamented to The Sunday Times of Malta that they were losing business in Libya because the local authorities were clamping down on visas to Libyans and non-EU nationals based in Libya. Until the recent civil unrest...

  • 84% of staff prefer indidivual bonus

    The most popular performance-related reward and incentive is individual bonus, with 84 per cent of respondents to the 2014 Misco survey saying they prefer this reward tool. The survey on salaries and benefits – the 29th edition – found that the...

  • Fimbank targets Greece and Spain

    Fimbank is going to open a branch in Athens to penetrate the Greek market and has entered into a cooperation agreement with MAS Factoring For Growth in Spain. Fimbank president Margrith Lütschg Emmenegger said; “Fimbank’s presence in the Greek...

  • SME Week seminar on business transfers

    The Malta Chamber of Commerce, Enterprise and Industry is organising a seminar as part of the SME Week 2014 programme of activities, entitled Business Transfers: Effective Policy & Support Measures, in collaboration with the European Commission...

  • Business council established

    The Malta Chamber of Commerce, Enterprise and Industry has signed a special agreement with the Oman Chamber of Commerce and Industry for the establishment of an Omani-Malta Business Council. Tonio Casapinta, chairman of the Middle East Business...

  • Celebrity guests for poker event

    Celebrity hosts Kara Scott and Maria Ho have been confirmed for PokerListings Battle of Malta, the international poker tournament taking place at the Portomaso Casino next month. The event has a €550 buy-in, to make it accessible to the casual...

  • ‘Transatlantic transparency will come once deal on table’

    ‘Transatlantic transparency will come once deal on table’

    The public on both sides of the Atlantic will be able to scrutinise the Transatlantic Trade and Investment Partnership (TTIP) once negotiations are complete, US Deputy Assistant Secretary of State Julieta Noyes reassured the media last week. She...

  • The Economist gala dinner in Malta

    The Economist gala dinner in Malta

    On November 28, leading business executives and senior representatives from government will come together for an evening of intelligent entertainment at a black-tie gala dinner hosted by The Economist. The inaugural World in 2015 Gala Dinner:...