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  • Volkswagen gradually returning to form

    Volkswagen gradually returning to form

    Volkswagen will report earnings on the 26th of the month as Western European car sales continue trending strongly at an adjusted +2.3% year on year in the first quarter of 2018 driven a good demand in Germany, France and Spain. The US and China...

  • Equity market approaches correction territory

    Equity market approaches correction territory

    During the first quarter of 2017, the MSE Equity Price Index was trading at its highest level in nine years but by April 9, it had dropped by just over nine per cent. In financial terminology, a stock market correction is normally defined as a...

  • Airlines must compensate for delays during wildcat strikes - EU court

    Airlines must compensate for delays during wildcat strikes - EU court

    Airlines have to pay compensation to passengers for delays caused by wildcat strikes that result from management decisions, the European Union's top court said. Several cases were brought to the EU's Court of Justice after German airline TUIfly...

  • China’s ZTE may lose Android licence as US market woes grow

    Chinese smartphone maker ZTE Corp’s US woes deepened this week, as regulators proposed new rules that could cut into its sales, while a supply ban means it may not be able to use Android software in its devices, according to a source. The US...

  • European Union urges 'cool heads' in global trade dispute

    European Union urges 'cool heads' in global trade dispute

    The European Union's Economic Affairs Commissioner appealed to world financial leaders on Thursday to keep a cool head over world trade disputes, noting protectionism posed the biggest risk to Europe's robust economic growth this year. "The...

  • Stocks near four-week highs

    World equity markets climbed to approach a four-week high yesterday, as investors’ appetite for the riskier asset was boosted by upbeat earnings from companies in Europe and the United States. The US dollar clung to gains amid fading concerns over...

  • Shipping movements

    The following ships are expected in Malta: The Fas Dammam from Gemlik to Algiers, the APL Denver from Algeciras to Salerno, and the Asian Moon(all CMA CGM Malta Agency Ltd), the MV Eurocargo Malta from Genoa to Genoa (Sullivan Maritime), the MSC...

  • Industry fears disruption as EU excludes UK from drug approvals

    Industry fears disruption as EU excludes UK from drug approvals

    A European decision to exclude Britain from the EU's drug approval system from March 30, 2019 - the day after Brexit - has raised alarm among drugmakers, who fear the abrupt change could disrupt medicine supplies to patients. The move confounds...

  • Oil breaks above $72 as supply concerns build

    Oil breaks above $72 as supply concerns build

    Oil prices extended gains on Wednesday, lifted by a reported decline in US crude inventories and the risk of supply disruptions. Brent crude oil futures rose 87 cents to $72.45 a barrel by 1143 GMT, while US WTI crude futures rose 95 cents to...

  • Starbucks to close 8,000 US stores for racial tolerance training

    Starbucks to close 8,000 US stores for racial tolerance training

    Starbucks Corp will close 8,000 company-owned US cafes for the afternoon on May 29 so 175,000 employees can undergo racial tolerance training in response to protests and calls for boycotts after the arrest of two black men waiting in a...

  • Commonwealth agreement taps into $300m of trade finance

    Commonwealth agreement taps into $300m of trade finance

    An estimated $300m of incremental trade finance will be made available over a three-year period to international banks, through the Commonwealth Small States Trade Finance Facility agreement. Banks participating in the scheme will receive credit...

  • Global report recognises Malta as leading fintech ecosystem

    Global report recognises Malta as leading fintech ecosystem

    The 2018 Global Startup Ecosystem Report (GSER) highlights that Malta’s tech startup ecosystem is one to watch in the areas of FinTech, blockchain, gaming, big data and analytics. The report, published by Startup Genome in collaboration with the...

  • Annual rate of inflation unchanged

    Annual rate of inflation unchanged

    The annual rate of inflation in March remained at a constant rate of 1.3 per cent, the National Statistics Office said.  The 12-month moving average rate increased to a rate of 1.3 per cent. The largest upward impact was recorded in the...

  • The outlook for global economic growth

    The outlook for global economic growth

    The IMF (International Monetary Fund) issued its twice-yearly economic forecast on Tuesday via its World Economic Outlook publication. Despite a bullish outlook for world economic growth over the next two years, they issued a stark warning that...

  • HSBC Malta launches pension plan for its employees

    HSBC Malta launches pension plan for its employees

    HSBC Bank Malta has launched a pension plan for its employees in collaboration with the Malta Union of Bank Employees (MUBE). It said work on the plan has been ongoing for the past year and it will create an efficient way to save money for...

  • Facebook says users must accept targeted ads even under new EU law

    Facebook Inc said it would continue requiring people to accept targeted ads as a condition of using its service, a stance that may help keep its business model largely intact despite a new European Union privacy law. The EU law, which takes effect...

  • Enemed franchise launched

    Enemed franchise launched

    Enemed has successfully collaborated with F. Busuttil ServiceStation of Bir id-Deheb, Żejtun, to establish the first franchised fuel station in Malta. Enemed will also be collaborating with a number of other fuel station owners  for other fuel...

  • Emirates offers special fares to the Far East

    Emirates offers special fares to the Far East

    Emirates has announced special economy class fares to a range of destinations across the Far East for a limited time period. Travellers in Malta can choose from over 17 different destinations, including Hong Kong, Tokyo, Phuket, Bangkok,...

  • Rugby World Cup winning head coach to address the B2B Conference and Expo

    Rugby World Cup winning head coach to address the B2B Conference and Expo

    Sir Clive Woodward (right) will be one of the keynote speakers of the first B2B Conference and Expo which will be held at Malta Fairs and Conventions Centre, Ta’ Qali on June 1. This was announced by the organisers of the conference and expo...

  • Intermediary Awards presented

    Intermediary Awards presented

    Mapfre MSV Life recently presented the 2017 Intermediary Awards at an event during which the company also presented its financial results and its business plans for the current year. Speaking during the event, Mapfre MSV Life CEO David G Curmi...