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  • Pay for Britain's top bosses rises 23 per cent

    Pay for Britain's top bosses rises 23 per cent

    Pay packages for the bosses of Britain’s 100 biggest listed firms rose 23 percent over the past year, fuelled by payouts for the CEOs of house builder Persimmon and industrial firm Melrose Industries, a survey showed on Wednesday. Excessive...

  • Shares regain footing as lira pulls out of nosedive

    World share markets fought to regain their footing yesterday, as Turkey’s lira pulled out of its recent nosedive and reassuring data from Germany helped offset the latest wobbles in China’s giant economy. After three weeks of heavy pounding,...

  • BOV share price moves back to its multi-year low

    BOV share price moves back to its multi-year low

    The MSE Equity Price Index trended higher for the first time in four days as it rebounded by 0.46% to 4,306.374 points on Tuesday. Today’s gain was due to the uplift in the share price of IHI which outweighed the declines in BOV and Trident.

  • World equities slip on currency woes in Turkey

    Turkey’s worsening currency crisis sent world equities lower and emerging market currencies under selling pressure yesterday, while gains in large US technology companies kept benchmark indexes slightly higher. German bond prices, meanwhile, were...

  • Money market report for the week ended August 10

    On August 6, the European Central Bank announced its weekly main refinancing operation (MRO). The operation was conducted on August 7 and attracted bids from euro area eligible counterparties of €2.75 billion, €0.20 billion higher than the bid...

  • MSE Equity Price Index drops to 3-month low

    MSE Equity Price Index drops to 3-month low

    The MSE Equity Price Index trended lower for the third consecutive trading session declining by a further 1.27% to a three-month low of 4,286.888 points. Most of today’s decline was due to the drops in the share prices of HSBC (-4.8%) and BOV...

  • Some summer gripes

    Some summer gripes

    Summer is good for most businesses, perhaps even better than Christmas. Tourist numbers continue to increase, more locals take their holidays abroad, and children are off school and nudging their parents to take them to the beach where they can...

  • Shipping movements

    The following ships are expected in Malta: The Eemsdijk from El Khoms to Sousse, the CMA CGM Musset from Kopper to Port Said, the APL Oregon from Aliaga to Valencia (all CMA CGM Malta Agency Ltd), the MV Euroferry Olympia from Salerno to Salerno,...

  • Fateful death of a salesman

    Fateful death of a salesman

    When Sergio Marchionne, CEO of Fiat Chrysler Automobiles, died last month after a failed surgery in a Zurich hospital, newspapers all over the world lamented the death of a ‘rock star’ – not a moniker one would usually attribute to a hard-working...

  • Do not fear a trade war (part 1) - Josef Portelli

    Do not fear a trade war (part 1) - Josef Portelli

    Anyone following the international news could not have missed the fact that frictionless trade between the world’s major economic powers and access to one another’s domestic markets are under attack. The use of the phrase ‘trade war’ is on the...

  • Tirrenia introduces two new vessels on Genoa-Malta route

    Tirrenia introduces two new vessels on Genoa-Malta route

    Two new vessels will be introduced on the Tirrenia route from Genoa to Malta by the beginning of next year. Just weeks after rival firm Grimaldi accused the parent company Onorato Armatori of having an ageing fleet, the Italian company rebutted by...

  • HSBC records drop in short-term profits

    HSBC records drop in short-term profits

    The MSE Equity Total Return Index surrendered the previous week’s gain having declined by 1.43 per cent last week, closing at 8,605.25 points. In the equity market, a total of 16 securities were active, of which gainers and fallers amounted to six.

  • German industrial output declines in June

    German industrial production declined in June by slightly more than expected, led by a sharp drop in construction output. Total industrial output (which comprises output in manufacturing, energy and construction) fell by 0.9 per cent from May,...

  • Launch of Maritime Seed Award

    Launch of Maritime Seed Award

    Malta Marittima, together with the University of Malta, will be launching the Maritime Seed Award (MarSA) with the support of the University’s Knowledge Transfer Office, Takeoff Business Incubator and Centre for Entrepreneurship and Business...

  • Accountants ‘provide peace of mind’

    Accountants have to be the enabling partners to their clients and stakeholders, and help them harness disruption by providing the necessary peace of mind, William Spiteri Bailey, the newly re-elected president of the Malta Institute of...

  • Why inclusion, diversity matter

    Why inclusion, diversity matter

    Diversity and inclusion are business and people issues connected to the sustainability and profitability of our firm, the quality of our relationships with clients and the solutions we provide. They influence our relationships with people, clients...

  • Over 52 Remax agents receive training

    Over 52 Remax agents receive training

    Remax Malta co-owners Kevin Buttigieg and Jeffrey Buttigieg recently hosted an event at the Hilton Malta to congratulate their agents for successfully completing their mandatory training. All Remax Malta agents attend two mandatory courses at the...

  • Change of UK agent

    Change of UK agent

    Parnis England Trucking Ltd, one of Malta’s leading international trailer operators, recently announced a change of agent in the UK. Its new partner is Europa Worldwide Group, one of the largest, privately-owned transport companies in Europe with...

  • HSBC Malta making student life more rewarding

    This year all new HSBC Student accounts opened until October 31 will benefit from €50 credit, as well as free mobile and internet banking, a fee-free international debit card, discounted fees on ATM withdrawals from non-HSBC banks and a branded...

  • 40-year success story

    40-year success story

    The success story of Engel & Völkers begins with a small villa on a famous Hamburg residential street known as the Elbchaussee. This year, the property company is celebrating its 40th anniversary – an occasion to look back at the milestones of...