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  • Norway hikes interest rate, bucking global trend

    Norway hikes interest rate, bucking global trend

    Norway's central bank raised its key interest rate on Thursday and indicated another could soon follow due to the strength of the Scandinavian country's economy, in contrast to a slowdown in much of the rest of the world. The key rate was hiked by...

  • Switzerland's debt

    Switzerland is an exception when analysing the level of its debt. According to the IMF, gross public debt was equivalent to 41.8 percent of GDP in 2017 of which 14.5 percent of GDP is borne by the Confederation and the remainder by the...

  • Promoting financial literacy among youths

    For the fifth year running, the Malta Bankers’ Association (MBA) is organising a series of events and activities in preparation for the European Money Week, being held between March 25 and 29.  The Money Week is an initiative of the European...

  • Markets mostly drop as dealers await Fed

    Asian and European stocks mostly slid yesterday, as investors eyed China-US trade talks and the Brexit saga, before the US Federal Reserve’s interest rate call.  In Europe, Frankfurt fell the heaviest with Bayer shares tumbling after a US jury...

  • Shipping movements - March 21, 2019

    The following ships are expected in Malta: The Maersk Lins from Malaga to Genoa (Thomas Smith & Co Ltd), the Ningbo Express to Genoa (Bianchi & Co Ltd) and the Barbara Krahulik from Catania (SMS Shipping) today. The Maersk Kingston from Antwerp to...

  • GO to distribute majority of BMIT windfall - Edward Rizzo

    GO plc published its 2018 financial statements on March 8 with the main focus being the extent of the 2019 interim dividend rather than the actual performance of the telecoms group. Ever since the initial announcement of the offer for sale of the...

  • Apple set to aggressively take on the TV market

    On March 25, Apple is set to reveal its new strategy on the TV market. Investors have met this news with measured caution however, as the first news of Apple tapping the TV market dates back to Steve Jobs’s autobiography in 2011, and since then it...

  • A way out of the Brexit deadlock?

    A way out of the Brexit deadlock?

    The Speaker in the UK Parliament has ruled out bringing Theresa May’s deal back for a third meaningful vote. Short of closing the current session of Parliament and starting a new one – and then actually winning the vote, the likelihood is that the...

  • In 2018, European citizens spoke up more than ever before  

    As far as requests for registration submitted to the Commission are concerned, 2018 was one of the most successful years for the European Citizens’ Initiative. 2019 is off to a flying start as two new initiatives have been registered in the first...

  • Central Bank of Malta hosts US Fulbright scholar

    Central Bank of Malta hosts US Fulbright scholar

    Between March 4-15, the Central Bank of Malta hosted Fulbright Scholar Professor Andrew Narwold of the Department of Economics at the University of San Diego, where he is also affiliated to the Energy Policy Initiatives Centre. This is the first...

  • European stocks climb as markets track Brexit, Fed

    European stock markets jumped yesterday, while the pound won a lift from better-than-expected UK jobs data, as traders reacted to more Brexit chaos and awaited the Federal Reserve’s latest policy meeting. British Prime Minister Theresa May held...

  • Money market report for week ending March 15

    ECB monetary operations On March 11 the European Central Bank (ECB) announced its weekly main refinancing operations (MRO). The operation was conducted on March 12 and attracted bids from euro area eligible counterparties of €6.09 billion, €0.32...

  • Emirates launches special summer fares for Maltese travellers

    Emirates launches special summer fares for Maltese travellers

    Emirates, the world’s largest international airline, is offering Maltese travellers a chance to take advantage of attractive fares and discover the cosmopolitan city of Dubai this summer.  Enjoy the year-round sunshine, six fully fledged public...

  • Of catwalks and copyright - Emma Portelli Bonnici

    Of catwalks and copyright - Emma Portelli Bonnici

    Catwalks, for the less fashion-savvy among us, are platforms extending into an auditorium or hall wherein fashion houses generally display their wares for the current season at any of the major fashion shows around the world. So, what’s the...

  • Pound down as Brexit uncertainty drags on

    The British pound fell yesterday but held close to multi-month highs, as more Brexit uncertainty surfaced over the weekend. Sterling’s drop helped to push up London’s stock market that features numerous multinationals earnings in other currencies,...

  • Group aims to empower fitness culture 

    Hudson Group has just launched Hudson Active, an initiative which seeks to empower a fitness culture by raising awareness about the importance of practising sports, and of carrying out daily exercise as part of a healthy lifestyle.    As the...

  • CBD experience banked on by new digital marketing partner

    Payment gateway provider Secure Trading and merchant acquiring arm acquiring.com has announced a new strategic partnership with UK-based digital agency Dijitul, which provides web design services, including e-commerce sites for B2B and B2C...

  • The sick man of Europe

    The sick man of Europe

    A year after the 5-Star Movement and La Lega won the political elections and a few weeks before the European Parliament elections, Italy is officially in a recession. The extreme right and extreme left coalition partners seem to disagree about...

  • Secure Trading Group chosen by Ties.co.uk for payment gateway and merchant services

    Secure Trading acquiring arm acquiring.com have been taken on by luxury tie retailer Ties.co.uk as payment solution provider. Ties.co.uk is one of the UK’s most popular online retailers for high quality men’s apparel, and with a strong focus on...

  • Volvo Cars to impose speed limit on all cars to highlight dangers of speeding 

    Volvo Cars to impose speed limit on all cars to highlight dangers of speeding 

    Volvo Cars, as a worldwide leader in safety, is sending a strong signal about the dangers of speeding and will limit the top speed on all its cars to 180km/h from 2020.  The company’s Vision 2020, which aims for no one to be killed or seriously...