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  • MSE Share Index halts 3-day negative streak

    After closing lower for the last three trading sessions, the MSE Share Index edged up by 0.22 per cent to 4,424.942 points today, reflecting the gains in the share prices of MIA, BOV, GO and MPC. Meanwhile, the three other active equities all...

  • Growing monopolisation in agriculture

    Growing monopolisation in agriculture

    The latest merger announcement between the pharmaceutical and agricultural giants, Bayer and Monsanto, represents the growing trend towards monopoly and overall market dominance. The prospect of this merger, compounded in significance by the...

  • Tackling youth unemployment

    The statistics on youth unemployment (persons aged 15-24 years) in Europe are, to say the least, abysmal. The average rate of youth unemployment in the 28 member states of the European Union is 19 per cent. We feel very little the impact of this...

  • Britain approves nuclear plant, easing Chinese, French ties

    Britain approves nuclear plant, easing Chinese, French ties

    Britain gave the go ahead yesterday for a $24 billion nuclear power plant, ending weeks of uncertainty that strained ties with China and France and put a question mark over Prime Minister Theresa May’s investment policy. In a statement, May’s...

  • Bayer’s Monsanto acquisition to face political scrutiny

    Bayer’s Monsanto acquisition to face political scrutiny

    As the global agricultural sector races to consolidate, Bayer AG’s $66 billion all-cash deal to acquire Monsanto Co., will test growing political and consumer unease in the US and abroad over the future of food production. Bayer’s...

  • Bank of England sticks with rate cut signal despite Brexit bounce

    Bank of England sticks with rate cut signal despite Brexit bounce

    The Bank of England said yesterday it was still likely to cut interest rates to just above zero later this year, even though the initial Brexit hit to Britain’s economy was proving less severe than it expected only last month. The bank’s nine...

  • Stocks gain with dimming chances of a US rate hike

    Global equity prices yesterday gained after a mixed bag of US economic data dimmed chances the Federal Reserve will raise interest rates next week. The US Treasury yield curve steepened to the most in two-and-a-half months as longer-dated debt...

  • Share index posts third consecutive daily decline

    The share index extended the negative performance of the past two trading sessions as it slipped by a further 0.1 per cent to a one-week low of 4,415.247 points. Trading activity was spread across eight equities, with only GO registering a gain...

  • Monsanto accept Bayer deal

    Monsanto accept Bayer deal

    Bayer first made an unsolicited offer for Monsanto of $122 a share in May this year. At the time Monsanto was trading in the high 80s; following the announcement the share price shot to over $110 per share. Monsanto rejected the deal though adding...

  • Haj slowdown hits Saudi businesses

    Haj slowdown hits Saudi businesses

    Saudi businesses catering to haj visitors have taken a hit this year as far fewer pilgrims arrive and those who come have less cash to spend. Saudi authorities say only about 1.86 million pilgrims, including around 1.3 million coming from outside...

  • Greece says to stand up to IMF on demands for labour reform

    Greece says to stand up to IMF on demands for labour reform

    Greece will tell its creditors it cannot comply with labour reforms demanded by the International Monetary Fund as a condition of its support for the country’s third bailout, its labour minister told Reuters in an interview yesterday. Greece’s...

  • US yield curve steepest in two months

    Treasury yield curve hit its steepest in more than two months yesterday, while stock markets around the world inched higher as Apple shares gained. Deepening worries over the ability of the world’s major central banks to stimulate growth have...

  • Shipping movements

    These ships are expected in Malta: The CMA CGM Ivanhoe from Djibouti to Valencia, the BFP Galaxy from Varna to Tunis (both CMA CGM Malta Agency Ltd), the Seago Antwerp from Antwerp to Piraeus (Thomas Smith Shipping Ltd) and the MV Eurocargo Napoli...

  • Share index closes marginally lower

    The share index shed a further 0.06 per cent today to 4,419.615 points as the declines in the share prices of MIA and Farsons outweighed the 2.7 per cent rebound in MPC. Most of today’s trading activity took place in the equity of Simonds Farsons...

  • Bayer clinches Monsanto with improved $66 billion deal

    Bayer clinches Monsanto with improved $66 billion deal

    German drugs and crop chemicals company Bayer has won over US seeds firm Monsanto with an improved takeover offer of around $66 billion, ending months of wrangling after increasing its bid for a third time. The $128 a share deal, up from Bayer's...

  • Cruising the Danube – keep an eye on the spread

    Cruising the Danube – keep an eye on the spread

    Having just returned from Budapest, one would not easily notice that the country is in the middle of a tough anti-immigration stance under fire by the European parliament. What I did notice however, was a deeper pocket in my jeans upon my return,...

  • UK jobs market showing ‘cracks in the ice’ after Brexit vote – survey

    UK jobs market showing ‘cracks in the ice’ after Brexit vote – survey

    Lower hiring by British companies in financial and business services, construction and utilities could be “cracks in the ice” of the country’s labour market, a survey of employers showed yesterday, two-and-a-half months after the Brexit...

  • Hanjin Shipping secures $45m, but more may take ‘considerable time’

    Hanjin Shipping secures $45m, but  more may take ‘considerable time’

    The chairman of Hanjin Group transferred 40 billion won to Hanjin Shipping yesterday to help unload cargo stranded on the troubled shipper’s vessels, a spokesman said, but regulators warned securing further funds could take “considerable...

  • Global stocks and energy shares fall as oil prices drop

    World stock markets and energy prices fell yesterday after both energy producers and consumers predicted an oil glut was likely to persist well into next year. The International Energy Agency said a sharp slowdown in global oil demand growth,...

  • Record sales for IKEA Group as online investment pays off

    Record sales for IKEA Group as online investment pays off

    Ikea Group reported record annual sales yesterday, including a 30 per cent leap in online revenues after the Swedish budget furniture retailer belatedly embraced e-commerce. For years, Ikea has relied on shoppers to travel to its huge out-of-town...