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  • Maltco Lotteries presents donation to Malta Community Chest Fund

    Maltco Lotteries presented President Marie-Louise Coleiro Preca with a donation of €10,000 in aid of the Malta Community Chest Fund Foundation. The Malta Community Chest Fund is a major contributor to society as it supports and improves the...

  • Is a recession on the horizon? - Lawrence Zammit

    Last week, the president of the European Central Bank, Mario Draghi, announced two initiatives aimed at prologing the loose monetary policy stance that the bank has adopted in recent years. Initially, the ECB had initiated a quantitative easing...

  • Could the US dollar have reached a peak?

    Could the US dollar have reached a peak?

    The currency markets have changed along with the global economy over the years; emerging-markets that were previously deemed as a minority are now representing a far larger share of the global economy and world trade. In turn, this has made their...

  • Malta Stock Exchange Institute licenced as further education institution

    Malta Stock Exchange Institute licenced as further education institution

    The Malta Stock Exchange Institute has been licensed as a further education institution by the National Commission for Further and Higher Education. This achievement follows the Institute’s first two years’ of operation, during which it provided...

  • Shipping movements - March 14, 2019

    The following ships are expected in Malta: The CMA CGM Nerval from Antwerp to Piraeus, the CMA CGM Racine from Suez Canal to La Spezia (both CMA CGM Malta Agency Ltd), the Maersk Lamanai from Malaga to Genoa (Thomas Smith & Co Ltd), the MV...

  • ECB announcement rattles financial markets - Edward Rizzo

    In the midst of the annual reporting season in Malta when many Maltese investors would have been focused on the publication of the annual financial statements by various companies, another very important development took place last week.  On...

  • Malta Bankers’ Association participates in MIA’s SME Forum

    Malta Bankers’ Association participates in MIA’s SME Forum

    The Malta Bankers’ Association (MBA) recently participated in the 10th edition of the SME Forum organised by the Malta Institute of Accountants. The MBA was represented by its assistant secretary general Mariosa Vella Cardona who discussed the...

  • Pound, London stocks recover before vote

    The British pound and the London stock market recovered yesterday  ahead of parliament’s vote on whether to back a “no deal” Brexit. Sterling and London share prices had taken a brief knock after MPs on Tuesday rejected for a second time a Brexit...

  • Mcast collaborates with Hudson Group

    Hudson Group and Mcast have signed a memorandum of understanding which will enable Mcast students gain exposure and on-the-job training within the retail industry. The aim is to equip students with the necessary skills to grow within this...

  • Broad activity on the local equity market

    Broad activity on the local equity market

    After registering a decline on Tuesday following two weeks of gains, the MSE Equity Price Index rebounded by a minimal 0.04% to 4,668.059 points on Wednesday. The slight increase in the share price of BOV outweighed the declines in five other shares.

  • Juventus shares soar by more than 20% following Ronaldo hat-trick

    Juventus shares soar by more than 20% following Ronaldo hat-trick

    Juventus shares soared by over 20% on the Milan stock exchange on Wednesday, the morning after Cristiano Ronaldo's incredible hat-trick rescued the Italian giants Champions League campaign. The Portuguese superstar added a late penalty to a pair...

  • Brexit tension sends pound tumbling

    The pound tumbled yesterday after the United Kingdom government’s top legal adviser cast doubt on Prime Minister Theresa May’s last-gasp changes to her Brexit deal hours before a vital vote later in the evening. Sterling, which had been rising...

  • Farsons Group celebrates International Women’s Day

    On the occasion of International Women’s Day, marked last Friday, Farsons Group invited well-known businesswoman Helga Ellul for a discussion on leadership in practice.  All employees were invited to the session, during which Ms Ellul recounted...

  • Burmarrad Group goes green

    Burmarrad Group goes green

    Burmarrad Group, a leading supplier of new and used commercial and private vehicles and lifting equipment, has invested more than €200,000 to introduce a nine-strong fleet of new fully electric Peugeot Partner. The Partner L1 Fleet is capable of...

  • Defining ‘vehicle in use’ for insurance purposes - Mariosa Vella Cardona

    The spontaneous burning of a vehicle parked in a private garage for more than 24 hours falls within the concept of ‘use of vehicles’ for insurance purposes, Advocate General (AG) Bot has recently affirmed.  EU law obliges member states to ensure...

  • Trade deficit recorded in January less than last year's

    Trade deficit recorded in January less than last year's

    A trade deficit of €182.9 million was recorded in January in provisional figures published by the National Statistics Office. A deficit of €227.4 million had been registered in same month in 2018. Both imports and exports experienced decreases of...

  • Seminar focuses on Brexit business uncertainty

    Seminar focuses on Brexit business uncertainty

    A business seminar on ‘Brexit − A Financial Markets/FX Perspective’ held by the Malta Business Bureau and Bank of Valletta last week, gave businesses insight on the latest developments in the Brexit debate and how it will affect their day-to-day...

  • Malta Digital Exchange hires senior executives

    Malta Digital Exchange (MDX) has made two senior appointments to add further bench strength to its management team. Nick Bennett joins as chief operating officer and Vincent Pellizzari becomes head of trading. Bennett is a seasoned international...

  • Central Bank public lecture

    Central Bank public lecture

    Sujoy Mukerji, a professor at Queen Mary University of London will deliver a lecture titled ‘Knightian Uncertainty and Asset Prices’ at the Central Bank of Malta on Friday. He will discuss recent developments in economics and finance on the theory...

  • Pound in doldrums at start of hectic Brexit week

    The British pound sank yesterday to a near three-week low under $1.30, as traders fretted over Brexit on the eve of another critical parliamentary vote for Prime Minister Theresa May. In overnight Asian trade, sterling tanked to $1.2949 ‒ the...