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  • British business leaders plan campaign for EU exit

    British business leaders plan campaign for EU exit

    A group of British business leaders and entrepreneurs are preparing to launch a campaign for Britain to leave the European Union at a planned membership referendum, a major donor to the UK Independence Party said. British Prime Minister David...

  • Cabin crew give Lufthansa deadline to avoid strike

    German airline Lufthansa faces a June 30 deadline to make concessions to cabin crew over pay and pensions or suffer further strikes that would compound the effects of a costly dispute with its pilots. Lufthansa has been in protracted talks with...

  • Money market report for the week ended June 19

    On Monday, June 15, 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 €89.66 billion, €0.74 billion lower...

  • UK braces for political showdown over long-awaited airport decision

    UK braces for political showdown over long-awaited airport decision

    A decades-long battle to expand Britain’s overcrowded airports is set for a crunch decision in the coming weeks, as the world’s fifth-largest economy seeks to resolve a row that has bedevilled successive governments and risks choking economic...

  • Ferrero to buy Thorntons Plcfor €157 million

    Ferrero to buy Thorntons Plcfor €157 million

    Ferrero, the maker of Nutella spread, has offered to buy British chocolate company Thorntons Plc for €157 million, a rare acquisition by the Italian group. The deal, backed by the board of Thorntons, brings together two of Europe’s best-known...

  • Optimism over Greek deal boosts stocks, euro

    A new offer by Greece on a reform package to avoid a default on its debts raised hopes that a tangible deal with international creditors was still possible, lifting global stock indexes and the euro yesterday. Gold prices fell more than one per...

  • HSBC and IHI drag MSE share index lower

    HSBC and IHI drag MSE share index lower

    Following last week’s 1.4% uplift, the Malta Stock Exchange share index kicked-off the last full trading week of June in negative territory with a 0.1% drop back to 4,074.784 points largely reflecting the declines in the share prices of HSBC Bank...

  • High dividend-paying stocks in Europe

    It is a known fact that Maltese investors like receiving some form of distribution on their investment irrespective of the fact that in reality it does not make a difference to their total return. This is because theoretically once the shares go...

  • Apple in quick change of tune

    Apple in quick change of tune

    Apple has agreed to pay musicians for songs played on its new music streaming service after pop star Taylor Swift threatened to boycott it in a row over royalties. The Shake It Off singer, 25, said yesterday she would hold back her latest album...

  • Embedding quality in tourism strategy

    Embedding quality in tourism strategy

    The tourism season has started in earnest. Beaches are beginning to fill up with tourists, roads are seeing more rented cars, and it is becoming harder to stroll on the promenades where tourists usually congregate. It won’t come as a surprise if...

  • UK employers, economy turn sights on EU referendum risks

    UK employers, economy turn sights on EU referendum risks

    For Encocam, one of the world’s few manufacturers of crash test dummies, a British exit from the European Union looks like an accident that will probably be avoided. But if things turn out differently in the country’s planned EU referendum, it...

  • ­­­Shipping movements

    The following ships are expected in Malta: The Janina from Tobruk to Sussex, the CMA CGM Jules Verne from Le Haver to Khor al Fakkan, the CMA CGM Fidelio from Fos-sur-Mer to Suez, the Karina from Algeciras to Tunis (all Carmelo Caruana Co. Ltd),...

  • Sixfold gap between EU member states’ economies

    The highest Gross Domestic Product (GDP) per capita in the EU is six times the lowest, according to figures released last week by Eurostat. GDP per capita ranged from 45 per cent to 263 per cent of the EU average GDP per capita. In 2014, GDP per...

  • From uphill to Hilltop

    From uphill to Hilltop

    Most of the projects marked out on the map of Valletta are now a reality: The ferries to Sliema and Vittoriosa; the pedestrianisation of most of the major streets; the park-and-ride set up in Floriana; a car park built just outside City Gate.

  • Computime concludes breakthough agreement

    Computime concludes breakthough agreement

    A Maltese IT company has sealed a groundbreaking partnership with a global software company, EMC2. Computime’s product Axon allows two of the most popular software applications for the oil and gas and energy industry – EMC2’s Documentum for Asset...

  • Appointment for de Bono

    Appointment for de Bono

    Edward de Bono has been chosen as one of 15 international knowledge ambassadors by the Life Learning Academia at the Academic Economic Congress. Speaking at the event, de Bono said: “There is a difference bet­ween information and know­ledge.

  • Calamatta Cuschieri launches mobile online trading platform

    Calamatta Cuschieri launches mobile online trading platform

    Calamatta Cuschieri has unveiled the mobile version of its live online trading platform, CCTrader. The company has also announced some major developments, including its intention to take the platform to overseas markets. Other developments include...

  • Lufthansa win five awards

    Lufthansa win five awards

    The airlines of the Lufthansa Group have won a range of World Airline Awards this year. The awards are based on results of the world’s largest customer survey in the airline sector, conducted annually by Skytrax among 18 million pas­sen­gers from...

  • Fifth straight week of gains on MSE

    Fifth straight week of gains on MSE

    The Malta Stock Exchange (MSE) index ticked another notch higher, closing the week 1.42 per cent higher at 4,078.733 points – a fresh seven-year high and its fifth consecutive weekly gain. The index’s positive performance was buoyed as a result of...

  • Greece stumbles towards euro exit

    An emergency summit of leaders from eurozone nations will be held tomorrow after the latest attempt to resolve the Greek debt crisis failed. A meeting of finance ministers last Thursday made no breakthrough. Unless Greece agrees to economic...