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Business

  • No more home and away charges for mobile phones

    The abolition of mobile roaming charges as from the end of next year is the culmination of years of efforts by EU institutions, especially the European Commission, to bring down roaming tariffs and bring the Single Market in the telecommunications...

  • Raising the standards of ethics and compliance

    With regulators getting tougher on business wrongdoing and a minority of employees tempted to cross ethical lines to meet targets in difficult economic circumstances, ethics and compliance programmes have become prominent on boardroom agendas. How...

  • Toyota to recall 6.5m vehicles

    Toyota Motor Corp. in its second-largest recall announcement, said yesterday that it would call back 6.39 million vehicles globally after uncovering five different faults involving parts ranging from steering to seats. A number of Maltese owners...

  • Hackathon promotes open data

    The Hack4Malta hackhaton held on March 29 promoted the principle of ‘open data’ – the idea that certain data should be freely available to everyone to use and republish as they wish, without restrictions from copyright, patents or other mechanisms...

  • Forfaiting: The alternative approach to export trade finance

    In many markets, buyers are likely to put more emphasis on cash flow rather than cash price. This is particularly true in emerging economies, where the availability of extended payment terms can greatly improve exporters’ chances of winning a...

  • P. Cutajar unveils own food brand

    P. Cutajar launched its first own food brand after almost 150 years in business as a leading importer and distributor of wines, spirits, food and confectionery. Olly’s Premium Eats is a range of six frozen premium meat products, including burgers,...

  • Tigné Mall announces maiden dividend

    Tigné Mall plc, the owner and operator of The Point shopping mall, published its 2013 annual financial statements earlier this week. The company’s shares were listed on the Malta Stock Exchange in May 2013 following a combined offering which saw...

  • Social media mistakes

    Social media is a much-discussed topic, and with good reason: the phenomenon is all around us, and everyone has questions to ask about it because it’s still so new. Of course, of great interest is how to avoid making crucial mistakes when using...

  • Exports down 3% in January/February

    Exports decreased by 3 per cent in the first two months of the year, according to the National Statistics Office, but when the increase in fuel and lubricant exports is factored out, the decrease in the other categories was nine per cent. The...

  • Footprint of internet companies getting larger

    Internet companies are no longer limited to the web browser as they look for new ways to grow their businesses. In recent years, the top internet companies have increasingly expanded the scope of their activities and ambitions, raising the...

  • Banif team stalks ghosts in Vittoriosa

    Banif employees took to the streets and alleyways in Vittoriosa for a fun night of ghost stories, organised by the new Sports and Social Committee, freshly voted in for the year. As one of the oldest cities on the island, Vittoriosa was home to...

  • Road safety campaign targeted for children

    Middlesea Insurance and Fundacion Mapfre have launched a second school campaign to promote road safety to pupils aged 11 to 13 years. The campaign will reach more than 4,300 student in Form 1 and 2 from schools across Malta and Gozo. Road safety...

  • Alcoa results positive, dollar gains on hope

    US and European equity markets rose yesterday after Alcoa’s better-than-expected results boosted investor sentiment on first-quarter corporate earnings, while the dollar gained on hopes for higher US economic growth after a bitter winter. Alcoa’s...

  • Cordium group acquires Zodiac Advisory Services

    Cordium, a global compliance consulting and software provider to the financial services industry, has acquired Zodiac Advisory Services, a provider of compliance, risk, accounting and governance services for the investment management industry in...

  • Shipping movements

    The following ships are expected in Malta: The Eemsdijk from Skikda to Algiers, the Kasif Kalkavan to Ancona, the Hansa Narvik from Alexandria to Mersin, the Devon Strait from Bejaia to Djen Djen, the Nicola from Tunis to Annaba (all Carmelo...

  • Campaign calls on employers and workers to tackle stress

    The European Agency for Safety and Health at Work (EU-OSHA) launched a two-year Europe-wide campaign, ‘Healthy workplaces manage stress’. The prevalence of work-related stress in Europe is startling. EU-OSHA’s latest pan-European opinion poll...

  • ‘We stand ready to act!’ – Draghi

    He is at it again! Last week Mario Draghi confirmed that the ECB’s Governing Council was “unanimous in its commitment to using unconventional instruments within its mandate to cope effectively with risks of a too prolonged period of low inflation”.

  • Company briefs

    Emirates has launched the Emirates App for iPad which allows customers to book flights, select seats and meals, manage their Emirates Skywards frequent flyer accounts, check in online, and download their boarding pass directly from the app, among...

  • ECB no change, but Draghi talks down euro strength

    Much of investor focus last week was on the ECB policy rate decision and the subsequent communication delivered on Thursday, and the US payrolls data issued on Friday. As can be expected ahead of such events, a lot of speculation was building...

  • BOV’s rebound reversed

    The 5.2 per cent rebound recorded during yesterday’s session in the share price of Bank of Valletta plc was almost completely reversed today as the bank’s equity slid 4.8 per cent lower, back to the €2.30,5 level on volumes of 34,105 shares. OV...

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