Advert

Business

  • Weekly consumer advice

    • When we are legally entitled to a refund, we should not accept a credit note. • If we change our mind about a product purchased, we are not legally entitled to a remedy. • A credit note usually has terms and conditions attached to it, which we...

  • You’ve got mail: cease and desist notices from Germany

    You’ve got mail: cease and desist notices from Germany

    Germany remains an interesting market for the Maltese business community given the long standing track record of good relations between the two countries dating back to the 1960s and the fact that Germany remains the power house of Europe. In...

  • Index continues to gain ground

    The Malta Stock Exchange index continued to gain ground in line with its positive trend, having appreciated by 0.78 per cent, to close at 4,521.012 points. Activity was spread across 15 equities, of which eight advanced, three declined and four...

  • Stocks and oil jump as the cold weather lifts energy demand

    Global equity indexes and oil prices climbed for a second day yesterday, as frigid weather across the United States and Europe boosted energy demand. Oil, which had tumbled during a recent rout in world markets, soared nearly 8 per cent earlier...

  • IMF’s Lagarde seeks second term in shadow of court case

    International Monetary Fund managing director Christine Lagarde launched her campaign for a second term yesterday with ringing endorsements from a host of major economies – and a court case against her looming in her native France. The former...

  • Amazon steps up recruitment as it expands in Europe

    Amazon steps up recruitment as it expands in Europe

    Online retailer Amazon plans to create several thousand jobs in Europe in 2016, more than 2,500 of which will be in Britain, stepping up its expansion in the region, it said yesterday. The jobs form part of an investment by the US-based company to...

  • Calmer markets give sterling some respite

    Sterling rose against the dollar and euro yesterday as investors regained some risk appetite in a market calmed by a halt in the oil slide and a signal that the European Central Bank will ease policy further in March. Mixed data showing UK...

  • Daily currency erort

    The dollar remained on a mixed footing while a shifting in the FX market winds had it on course for a general gain on the week. Timely and reassuring words this week from the chief of the European Central Bank helped put the closest thing to a...

  • Share Index ends week near 8-year high

    The Share Index eased marginally lower this morning to 4,521.012 points as declines in Medserv and Malta Properties Company offset increases in the share prices of Lombard and FIMBank. Over the week, the local equity benchmark edged 0.8 per cent...

  • ECB’s Mario Draghi’s tone keeps market mood upbeat

    ECB’s Mario Draghi’s tone keeps market mood upbeat

    This week has been a busy week in terms of macro-economic data. Monday was a muted day with the US closed on holiday, but Tuesday made up for the previous day’s lack of data. Inflationary data surprised to the upside in the UK (although there was...

  • The paradox of the price of oil

    The price of oil has gone down to around $30 a barrel. We have not seen such prices since 2003. As an aside (which I just cannot help making), I wish I had had these prices when I was chairman of Air Malta. At one stage the price was five times...

  • Cameron urges businesses to speak up about Britain’s EU membership

    Cameron urges businesses to speak up about Britain’s EU membership

    Businesses should speak up about Britain’s membership of the European Union now rather than wait for the upcoming referendum campaign, Prime Minister David Cameron said yesterday. Cameron told an audience at the World Economic Forum in the Swiss...

  • Eurozone banks to pay €10bn into bailout fund by theend of June

    Eurozone banks are required to pay their annual contributions to a rescue fund by the end of June so that it can reach a €10 billion target in 2016, a member of the fund’s board said yesterday. The Single Resolution Fund (SRF), set up to rescue...

  • ECB’s Draghi eyes March policy review as economic risks grow

    ECB’s Draghi eyes March policy review as economic risks grow

    Turmoil in financial markets and concerns over China and other emerging markets will prompt a March review of the European Central Bank’s monetary policy, president Mario Draghi said yesterday, holding out the prospect of further loosening. The...

  • Barclays to slash 1,000 bank jobs

    Barclays to slash 1,000 bank jobs

    Barclays will cut about 1,000 jobs in investment banking worldwide and close its cash equities business in Asia as new chief executive Jes Staley wields the axe in a bid to reduce costs and boost returns. The harsher-than-expected cuts are among...

  • Oil and stocks climb as Draghi remarks raise stimulus hopes

    Oil prices and global stocks rebounded yesterday, buoyed by comments from European Central Bank president Mario Draghi that raised hopes of further monetary stimulus, following a turbulent few days that wiped trillions of dollars off asset...

  • Virtual reality to hit $1bn this year – Deloitte

    Virtual reality to hit $1bn this year – Deloitte

    Virtual reality (VR) will have its first billion-dollar year in 2016, with about $700 million in hardware sales, and the remainder from content, according to Deloitte Global’s Technology, Media & Telecommunications (TMT) Predictions. The report...

  • How dividends may affect stock prices

    How dividends may affect stock prices

    Stocks that pay consistent dividends are popular among investors. Though dividends are not guaranteed on common stock, many companies pride themselves on generously rewarding shareholders with consistent – and sometimes increasing – dividends each...

  • What are the opportunities for bond investors in 2016?

    What are the opportunities for bond investors in 2016?

    During 2015, there were relatively few opportunities for bond investors as most of the new corporate bonds listed on the Malta Stock Exchange were all targeted at existing bondholders or shareholders of the respective companies, namely...

  • No timetable for raising UK rates – BoE’s Carney

    Bank of England governor Mark Carney said he had no timetable for raising interest rates and avoided giving one of his trademark steers on what was likely to happen to them against a backdrop of a weakening global economy. With Chinese growth...

Advert
Advert