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  • 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...

  • IMF sees rich nations propelling global growth but risks linger

    The International Monetary Fund yesterday predicted the global recovery would strengthen this year as output in richer nations picked up, but it warned of rising risks in emerging economies. In its latest global economic snapshot, the...

  • British economy basks in factory growth, IMF upgrade

    Britain got a double boost yesterday as its recovery from recession gathered more momentum and the International Monetary Fund raised the country’s growth forecasts by more than for any other major economy. Factories expanded production far more...

  • UK’s big four grocers losing market share to discounters

    Britain’s big four grocers – Tesco, Wal-Mart’s Asda, Sainsbury’s and Morrisons – all lost market share over the last three months to discounters Aldi and Lidl, industry data showed yesterday. The data from market researcher Kantar Worldpanel...

  • World stocks steady, dollar and euro sag

    The dollar and euro fell sharply against the yen yesterday as hopes for additional stimulus out of Japan faded, while world equity markets were relatively stable after three days of losses. Wall Street clawed back some ground after three days of...

  • Germany, EU clinch deal on renewable surcharge rebate

    Germany and the European Commission have reached an agreement on exemptions to renewable energy surcharges that benefit some German industrial companies, government and industry sources told Reuters yesterday. The sources said final details of the...

  • Samsung’s lower Q1 estimate highlights smartphone challenges

    Samsung Electronics Co. Ltd yesterday said it is on track to post its second straight quarter of profit decline, as slowing smartphone sales growth continued to weigh on earnings. The South Korean tech giant estimated that its January-March...