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  • Beane defends HSBC dividends in spite of falling profits

    Beane defends HSBC dividends in spite of falling profits

    It was good business to pass profits through the shareholders when this was feasible, HSBC Bank Malta’s chief executive officer Andrew Beane told the Times of Malta. HSBC Bank Malta will this year be giving its shareholders a dividend pay-out...

  • HSBC kick starts 2018 earnings season

    HSBC kick starts 2018 earnings season

    The MSE Equity Price Index erased most of Monday's strong gains as it retreated by 1% to 4,497.972 points. Various equities trended lower while only PG, Plaza and Farsons ended the day on a positive note. Most of Tuesday's activity took place in...

  • New €50m government stock issue announced

    New €50m government stock issue announced

    The Accountant General has announced the issue of €50m Malta Government Stock subject to an over-allotment option of €30million. The issue is as follows: (i) 1.4% Malta Government Stock 2024 (III) Fungibility Issue, and (ii) 1.85% Malta Government...

  • Revolut: could allegations of Russian involvement sidetrack a fintech revolution?

    Revolut: could allegations of Russian involvement sidetrack a fintech revolution?

    Revolut has been one of the biggest disruptors to the banking industry in recent years. The fintech company is intent on revolutionising international payments – and it has. With traditional banks, international payments are monopolised by the...

  • First international e-mobility summit to be held in Malta

    First international e-mobility summit to be held in Malta

    Malta will be hosting the first international e-mobility summit on March 8 at the Inter­Continental Arena in St Julian’s. The summit will bring to­gether key international industry players, electric vehicle manufacturers, suppliers and citizens...

  • Investors – be patient yet be humble

    Quantifying how important the value of money is in a person’s life is extremely cumbersome to say the least. Furthermore, carrying out a comparative analysis of money on a relative basis between one individual and another, becomes even more...

  • Emirates signs deal for 40 A330-900s, 30 A350-900s

    Emirates signs deal for 40 A330-900s, 30 A350-900s

    Emirates airline has announced an order for 40 A330-900 aircraft, and 30 A350-900 aircraft, in a heads of agreement signed with Airbus. The deal is worth US$ 21.4 billion at list prices. The latest generation Airbus A330neo and A350 aircraft, will...

  • IMF and World Bank constituency meeting

    Malta recently hosted a meeting of the International Monetary Fund and World Bank ‘constituency’ it belongs to. IMF and World Bank member states are organised into constituencies, namely groups of countries sharing one or more common...

  • Neurotech secures digital marketing partner

    Neurotech International Ltd (ASX: NTI) has chosen Anchovy as its digital lead generation partner. Anchovy will support Neurotech’s new strategic direction which focuses on delivering Mente through a subscription-based go-to-market model focused...

  • Engel & Völkers opens market centre in Athens

    Engel & Völkers opens market centre in Athens

    Engel & Völkers continued its international expansion with the opening of a market centre in Athens. It operates from the Athens Tower 1, the highest building in Greece, with office premises spanning approximately 700 square metres. Premium...

  • Money market report for week ending February 15

    On February 11, the European Central Bank (ECB) announced its weekly main refinancing operations (MRO). The operation was conducted on February 12 and attracted bids from euro area eligible counterparties of €5.91 billion, €0.49bn higher than the...

  • European stocks mostly drop after rally

    Europe’s major stock markets mostly slid yesterday, as investors set aside a bright performance in Asia and paused following last week’s bumper gains, dealers said. “European stocks have had a stuttering start to the week, with strong Asian gains...

  • Cuba eyes Qatar, Algeria for oil with Venezuela in crisis

    Cuba eyes Qatar, Algeria for oil with Venezuela in crisis

    With top ally Venezuela in crisis, Cuba is moving to cover its oil needs elsewhere, seeking possible alternative supplies in Qatar and Algeria, officials said Monday. Foreign Trade Minister Rodrigo Malmierca was in Qatar on Sunday, and headed to...

  • BMIT share price surges 12% on debut

    BMIT share price surges 12% on debut

    The MSE Equity Price Index climbed 1.21% to a four-month high of 4,543.662 points as various equities trended higher while only MPC finished in negative territory. Much of Monday's attention was centred around BMIT as the equity started trading...

  • Swiss bank UBS faces French court ruling on fraud charges

    Swiss bank UBS faces French court ruling on fraud charges

    A Paris court will rule Wednesday on whether Swiss banking giant UBS illegally tried to convince French clients to hide billions of euros in Switzerland, charges which prompted prosecutors to seek a record €3.7 billion fine. The trial opened last...

  • Amazon – Stay in the Game

    Amazon – Stay in the Game

    Amazon reported earnings beat for Q418, but first-quarter revenue guidance fell short of expectations due to increased investments in 2019 and uncertainty surrounding India. India has been a notable challenge for Amazon, and the company wasn’t...

  • 'Go back home, but pay my pension first'

    'Go back home, but pay my pension first'

    I have a particular book that generates a mixture of disgust, fear and general misery to others whenever I am carrying it. It’s named “Fundamentals of Private Pensions”, it has a dark cover and worst of all no pictures – except for a couple of...

  • European airlines facing winter blues

    European airlines facing winter blues

    Airlines do not like winter as demand for seats usually falls and revenues are low. In the very competitive European airlines’ industry, overcapacity keeps troubling both the larger legacy airlines as well as the low-cost carriers that have...

  • GO concludes a highly successful IPO of BMIT Technologies

    GO concludes a highly successful IPO of BMIT Technologies

    Last Friday, BMIT Technologies plc, a subsidiary of GO plc, was formally listed on the Malta Stock Exchange marking the remarkable success of an IPO, where institutional and general investors subscribed to close to 99 million shares valued at...

  • Shipping movements - February 18, 2019

    The following ships are expected in Malta: The Pinara from Sfax to Annaba, the APL California from Koper to Port Said, the CMA CGM Nerval from Aliaga to Valencia (all CMA CGM Malta Agency Ltd), the MSC Clorinda from Barcelona to Salalah (John...