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  • RS2 share price climbs to 4-month high

    The share index extended yesterday’s gains of 0.28% by a further 0.04% to an over six-week high of 4,681.516 points, reflecting the increases in the share prices of RS2 (+1.9%) and BOV (+0.2%).  These slightly outweighed the declines in GO (-0.1%)...

  • ECB seeks greater power over clearing supervision

    ECB seeks greater power over clearing supervision

    The European Central Bank has requested enhanced powers to supervise clearing activities, it said today, a move to shore up its authority over London-based euro clearing once Britain leaves the European Union. The ECB estimates that €101 billion...

  • Trump’s fiscal promises and a possible bond vigilante scenario

    Trump’s fiscal promises and a possible bond vigilante scenario

    It’s been just over six months since US voters surprised the world by electing the controversial Republican candidate Donald Trump. To what investors perceived to be, possibly, another Brexit in terms of volatility, the equity market turned...

  • Oil edges up, but set for worst first half performance in 20 years

    Oil edges up, but set for worst first half performance in 20 years

    Oil edged up today, recovering slightly from steep falls earlier in the week, but is set for the worst performing first-half in two decades despite ongoing production cuts. Brent crude futures were at $45.31 per barrel at 0222 GMT, up 9 cents, or...

  • Redefining work ethic

    One of the reasons given by employers as to why they do not find suitable employees, is that job applicants may not have the required positive work ethic. This claim may be correct. Anyone who talks to business leaders, managers or supervisors for...

  • Brexit uncertainty is hurting business investment – Hammond

    Brexit uncertainty is hurting business investment – Hammond

    Large amounts of business investment is being postponed because of uncertainty over the future outcome of Brexit negotiations so Britain should seek clarity as early as possible over a transition arrangement, Chancellor Philip Hammond said. “There...

  • Lufthansa voted Europe’s best airline

    Lufthansa voted Europe’s best airline

    Lufthansa has been voted the ‘best airline in Europe’. The award was given at the Paris Air Show on June 20 in Le Bourget. The market research institute Skytrax, which specialises in aviation, surveyed around 18 million passengers from over 160...

  • Oracle profits up as cloud shift gains steam, shares at record

    Oracle profits up as cloud shift gains steam, shares at record

    Oracle Corp.’s quarterly profit blew past Wall Street estimates and the business software maker forecast an upbeat current-quarter earnings, indicating that the company’s transition to cloud is starting to pay off. The company’s shares were up...

  • Belgium drops case against business of LVMH chief Arnault

    Belgium drops case against business of LVMH chief Arnault

    Belgian prosecutors said yesterday they have closed an investigation into a €2.9 billion capital increase in a Belgian company owned by billionaire and chief executive of LVMH Bernard Arnault. Arnault has accepted a deal to end the case opened in...

  • Amazon’s grocery push playing catch up with Chinese e-commerce giants

    Amazon’s grocery push playing catch up with Chinese e-commerce giants

    As Amazon.com Inc. looks to swallow United States grocery chain Whole Foods, China’s tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data and better supply...

  • Stocks advance as oil stages modest recovery

    World stock markets edged higher yesterday, buoyed by a slight rebound in oil prices after hitting seven-month lows, while the US dollar weakened for a second consecutive session. Oil edged up from November lows hit in the prior session, but...

  • ECB to develop instant payment settlement service

    ECB to develop instant payment settlement service

    The European Central Bank (ECB) has decided to develop a new service for the settlement of instant payments. The new service, TARGET instant payment settlement (TIPS), will enable citizens and firms to transfer money between each other in real...

  • Half of investors want income, rather than growth

    Half of investors want income, rather than growth

    Almost half of Maltese investors were primarily seeking an additional source of income – although a good proportion also want to increase their capital, according to a survey organised by Bank of Valletta. Almost half of the 300 investors surveyed...

  • MSE Share Index climbs to over 6-week high

    MSE Share Index climbs to over 6-week high

    Following the minimal changes in the previous three trading sessions, the MSE Share Index gained 0.28% today to reach an over six-week high of 4,679.665 points. Five equities closed higher, three closed unchanged whilst only GO plc performed...

  • Airbus concedes defeat to Boeing in Paris order race

    Airbus concedes defeat to Boeing in Paris order race

    Airbus conceded defeat to rival Boeing in the race for new business at the Paris Airshow today, as a late haul of almost 100 aircraft failed to close a gap opened up by the launch of the American firm's new 737 model. The European planemaker said...

  • Court insists on transparent licensing for online gaming

    Court insists on transparent licensing for online gaming

    The Court of Justice of the EU (CJEU) today ruled that member states were prohibited from taking enforcement action against EU licensed online gaming operators who were unlawfully excluded from national licensing processes. The Court confirmed the...

  • Governments must brace for end of ECB's bond buying, Praet says

    Governments must brace for end of ECB's bond buying, Praet says

    The European Central Bank will ignore government complains about rising borrowing costs when it eventually tightens policy and will not help any particular country, the ECB's chief economist said, according to the German magazine...

  • European energy shares

     While the general European equity index remained flat over 2016, the energy sector gained 21 percent. This performance contrasts with 2017 where equities in general are up 8 percent while the energy sector lost 9 percent. This is also opposite to...

  • Uber CEO Travis Kalanick resigns under investor pressure

    Uber CEO Travis Kalanick resigns under investor pressure

    Uber Technologies Inc chief executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under pressure from investors after a string of setbacks. Kalanick’s departure caps a...

  • Oil firms could waste trillions ifclimate targets reached – report

    Energy giants including Exxon Mobil and Royal Dutch Shell risk wasting more than a third of their budgets on projects that will not be needed if climate targets are to be met, a think tank report shows. More than $2 trillion of planned investment...