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  • HSBC warns of growing risk aversion as profit drops

    HSBC warns of growing risk aversion as profit drops

    Europe’s largest bank HSBC warned that regulators’ zeal to punish wrongdoing was putting its staff off taking reasonable business risks, as it reported a 12 per cent drop in first-half profit. HSBC chairman Douglas Flint yesterday called on...

  • Giving digital life to toys

    Giving digital life to toys

    Those ubiquitous Angry Birds flew from the mobile screen to the toy store, hooked up with Hollywood, and are headed back to the digital world thanks to the telepod. That is toymaker Hasbro Inc.’s answer to merging the physical and digital worlds...

  • Low-level gamers ‘better adjusted’

    Low-level gamers ‘better adjusted’

    Playing video games for less than an hour a day can lead to children becoming better adjusted, a study has found. The research, carried out by Oxford University, found that young people who indulged in a little video game-playing were associated...

  • HSBC Bank Malta closes 1.96% lower

    HSBC Bank Malta closes 1.96% lower

    The MSE Share Index slipped 0.3% to 3,385.083 points on the stock exchange today, largely due to a decline of 1.96% in the closing price of HSBC Bank Malta plc to the €2.00 level as 56,157 shares were exchanged across 28 trades. The equity ranged...

  • Study warns hackers can tap USB devices in new attacks

    Study warns hackers can tap USB devices in new attacks

    USB devices such as keyboards, thumb-drives and mice can be used to hack into personal computers in a potential new class of attacks that evade all known security protections, a top computer researcher revealed. Karsten Nohl, chief scientist with...

  • Beyond oil and reserves, Russia running on empty

    For all the sanctions Western leaders can throw at Russia, the biggest threat to President Vladimir Putin’s ability to back separatists in east Ukraine is something beyond his or their control: the price of oil. With Russia’s $2 trillion economy...

  • What leaders do when they retire

    What leaders do when they retire

    What do political and business leaders do when they retire? Some just continue to bask in nostalgia and make sure that no one forgets their once high status in society. A few past heads of state enjoy being called ‘President emeritus’ and have...

  • ­­­Shipping movements

    The following ships are expected in Malta: The Camellia from Tanger Med to Gemlik, the Avonmoor from Tunis to Bizerte, the Vega Aquila from Thissaloniki to Piraeus (all Carmelo Caruana Co. Ltd) and the Rio Charleston from Antwerp to Haifa (Thomas...

  • FCM Bank set to launch internet banking service

    FCM Bank set to launch internet banking service

    FCM Bank is the latest bank to introduce internet banking, with the focus being on allowing customers to handle their investments online. Chief executive officer Ron Huggett said the online access would follow the same clean and user-friendly...

  • Another door closes for Setanta clients

    Setanta clients will not be able to access money from a fund set up for victims of uninsured clients, according to Irish media. The Maltese-registered insurance company went bust earlier this year and has been put into liquidation. But there could...

  • E-commerce strategy launched

    E-commerce strategy launched

    Compared to the rest of Europe, the Maltese are keen online buyers but they would rather get their products from foreign websites than Maltese merchants. A Eurostat survey last year revealed that only seven per cent of Maltese buy from local...

  • Mazars guide to European audit reform

    International audit firm Mazars, represented locally by Mazars Malta, have published a guidebook to the European audit reform. The publication explains the objectives and implications of the European Audit Reform, which aims to address concerns...

  • MSE rebounds from its decline in June

    MSE rebounds from its decline in June

    The Malta Stock Exchange (MSE) index ended July on a positive note, locking in a 2.82 per cent gain, completely reversing June’s loss of 2.8 per cent. Furthermore, gains were extended last Friday, the first trading day of August – to a seven-week...

  • UK completes its economic recovery from financial crisis

    The UK economy will probably grow faster in 2014 than any other G7 economy, as it completely recovered the output lost as a result of the financial crisis. In the year’s second quarter, GDP grew by 0.8 per cent. According to the Office for...

  • Company briefs

    GasanMamo has enhanced its Sana health insurance plans, offering extra benefits at no additonal costs. The Sana Vital Plan now includes outpatient benefits such as cover for GP charges, specialist consultation fees, alternative therapy and...

  • Malta is destination of choice for expatriates

    Malta is destination of choice for expatriates

    Malta has a history of attracting foreigners to its shores as a country of residence for a multitude of reasons. Tax is an incentive, but living in a foreign country should be an experience. Malta does indeed offer a unique experience, mainly...

  • Maltese heritage expert in Palestine

    Maltese heritage expert in Palestine

    The World Heritage Committee of Unesco meeting in Doha, Qatar, has approved the cultural landscape of Battir, Palestine, as a World Heritage site. It was approved on the Danger List in view of Israel’s threat to build the separation wall through...

  • Dental student wins award

    Dental student wins award

    Chemimart Group CEO Pierre Fava is seen presenting the Curaprox Student Camp 2014 Award to Francesca Zammit, a fourth year dental surgery university student who achieved best performance. Zammit is off to Hungary together with other dental...

  • Big Band Brothers to end 34th edition of Farsons Beer Festival

    Big Band Brothers to end 34th edition of Farsons Beer Festival

    The Farsons Beer Festival comes to an end today at 8pm at Ta’ Qali National Park with an evening of entertainment, beer and food, featuring the Big Band Brothers and Fakawi. The festival has been running for nine days, attracting thousands of...

  • Corinthia Hotel St Petersburg appoints international hotelier

    Corinthia Hotels appointed international hotelier Jesper Bo Henriksen as general manager of Corinthia Hotel St Petersburg. The new role will see Henriksen overseeing the hotel’s day-to-day business operations. Henriksen will work on implementing...