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Business

  • Microsoft hosts 2016 Social Innovation Challenge

    Fifty-six students from eight schools participated in the fourth edition of the Social Innovation Challenge organised by youth NGO Junior Achievement Young Enterprise Malta Foundation and supported by Microsoft. The aim of the event was to train...

  • Wrong prescription for glasses

    Wrong prescription for glasses

    Q: Three months ago my son was prescribed new spectacles by an ophthalmologist at a local eye clinic. Based on the prescription, we ordered two pairs of spectacles, one pair for daily use and the other for sports use. When these spectacles were...

  • Joint Master of Science degree

    Joint Master of Science degree

    Michael Buhagiar graduated cum laude with a joint Master of Science degree in nanoscience and nanotechnology from KU Leuven, Belgium and Université Grenoble Alpes, France. The two-year Master programme is offered as part of the Erasmus Mundus...

  • Weekly consumer advice

    • Adverts are considered misleading and hence illegal if they contain false claims on the main characteristics of the products or services advertised. • Leaving out important information when promoting products or services is also considered a...

  • Business leaders see pain, seek opportunity in British EU exit

    Business leaders see pain, seek opportunity in British EU exit

    Britain is heading for an economic disaster and Chinese investors have already pulled investments in the wake of Britain’s vote to exit the European Union, Richard Branson, the boss of Virgin Group said. The billionaire entrepreneur said his...

  • BP says Gulf spill bill totals $61.6bn

    BP has estimated costs from its deadly 2010 Gulf of Mexico spill will total $61.6 billion after it agreed to a new $5.2 billion charge it said largely drew claims to a close. The company said it will record an after-tax charge of around $2.5...

  • Index negative as nine equities decline

    The Malta Stock Exchange index declined by a further 1.55 per cent, to close at 4,497.349 points. Turnover amounted to €2.25 million spread across 16 equities of which nine fell, six gained ground and one that closed unchanged. HSBC Bank Malta plc...

  • European equities slip after Nice attack, while US yields surge

    European shares slipped yesterday after at least 84 people died in an attack in France and US Treasury yields jumpedas strong economic data renewed prospects of a Federal Reserve interest rate hike this year, while US stocks traded nearly...

  • US consumer prices maintain gains on rising housing and healthcare costs

    US retail sales rose more than expected in June as Americans bought motor vehicles and a variety of other goods, reinforcing views that economic growth picked up in the second quarter. Other data yesterday showed consumer prices increasing for a...

  • Daily currency report

    Following the shocking attack on a crowd celebrating Bastille Day in the French city of Nice last Thursday, which left 84 people dead, France is now on high alert after President François Hollande declared this a terrorist act and extended the...

  • Brexit night's big winners: computer-driven hedge funds

    Brexit night's big winners: computer-driven hedge funds

    As hedge fund manager Buford Scott sat at home, watching the TV in shock as it emerged Britain had voted to leave the European Union, his computer-based trading models were quietly boosting his business by 1.5 percent. Scott's algorithm-driven...

  • Malta to get its own digital cluster come October

    Malta to get its own digital cluster come October

    A digital cluster made up of stakeholders in academia, government, NGOs, SMEs and start-ups will launch in October with the aim of driving Malta’s digital development forward, Paragon Europe have announced. The cluster will focus discussions on...

  • MSE Share Index slips below the 4,500 mark

    MSE Share Index slips below the 4,500 mark

    The MSE Share Index finished lower for the fourth consecutive trading session today as it retreated by a further 0.50 per cent to 4,497.349 points – the lowest level this month. Trading activity improved as €0.3 million worth of shares changed...

  • UK needs prompt, muscular stimulus - Bank of England's chief economist

    UK needs prompt, muscular stimulus - Bank of England's chief economist

    The Bank of England needs to act "promptly as well as muscularly" to stimulate the economy and boost confidence, its chief economist said today, a day after the central bank upset markets by not cutting rates. In his first speech since Britain...

  • Emerging market bonds and their recent rally

    To date, Emerging Markets (EM) fixed-income securities proved to be amongst the best performers within the asset class, despite scepticism that over the past years fundamentals have deteriorated. Despite the recent turbulence, EM credit performed...

  • Demographic structure shifts

    We often hear persons speaking of a pensions time bomb in relation to the fact that because of an ageing population, within a couple of decades, there will not be enough persons working in Malta to sustain the pensions system. It is because of...

  • BoE surprises markets by keeping rates on hold, signals August move

    BoE surprises markets by keeping rates on hold, signals August move

    The Bank of England kept interest rates unchanged yesterday, wrong-footing many investors who had expected the first cut in more than seven years with Britain’s economy reeling from last month’s vote to leave the European Union. The bank said it...

  • Nintendo shares jump 9.5% on Pokémon Go video game success

    Nintendo shares jump 9.5% on Pokémon Go video game success

    Shares in Nintendo Co. jumped as much as 9.5 per cent in early trade yesterday, powered by ongoing hopes for its new Pokémon Go mobile game, which has become an instant hit after just over a week on the market in three countries. The augmented...

  • EU antitrust regulators open third front against Google

    EU regulators brought a third antitrust charge against Alphabet Inc’s Google yesterday, accusing it of blocking rivals in the lucrative online search advertising market. The European Commission also reinforced its existing charge against the...

  • Airbus plays down cuts as storm clouds gather

    Airbus plays down cuts as storm clouds gather

    Airbus is seeking to reassure investors that its decision to cut production of the world’s biggest passenger jet, the A380, would not badly hurt the group. Doubts over demand for the double-decker A380 and more cost overruns on the A400M military...

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