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  • Ariadne Capital has investment license withdrawn by MFSA

    Ariadne Capital has investment license withdrawn by MFSA

    A high-profile American entrepreneur’s company has had its investment license suspended by Malta’s financial regulator, with the Malta Financial Services Authority highlighting multiple “serious breaches” it has committed. Julie Meyer’s investment...

  • A look into the future

    A look into the future

    A great deal has been written and said about climate change and its potential effects. Special interest lobbies are certainly pulling the strings on this issue. In any case there are so many divergent views on the matter that one really wonders...

  • BoE to wait out soft data as it eyes next rate rise

    The Bank of England held interest rates steady yesterday and said weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy in the next few months before raising borrowing costs. In...

  • BT to cut 13,000 jobs as it seeks to revive growth

    BT to cut 13,000 jobs as it seeks to revive growth

    BT will cut 13,000 managerial and back-office jobs and move to a smaller London base in the latest attempt by the boss of Britain’s biggest telecoms group to rebuild from an accounting scandal and multiple pressures on its business. Chief...

  • RBS reaches $4.9bn deal to settle US mortgage bond investigation

    RBS reaches $4.9bn deal to settle US mortgage bond investigation

    Royal Bank of Scotland has agreed to pay a smaller-than-expected $4.9 billion to resolve a US investigation into its sale of mortgage-backed securities, paving the way for a long-awaited return of cash to UK taxpayers who bankrolled its...

  • Dollar, yields slide on soft US inflation

    The US dollar slid and US government debt yields fell yesterday as a modest rise in consumer prices in April damped expectations that faster inflation could lead the Federal Reserve to boost interest rates more than expected in 2018. The US Labour...

  • BOV share price drops to 3-year low

    BOV share price drops to 3-year low

    The MSE Equity Price Index on Thursday extended its decline by a further 0.57% to a fresh 32-month low of 4,252.045 points, mostly driven by the 2.9% drop in the share price of Bank of Valletta plc to the €1.70 level (the lowest since September...

  • Trade deficit widens

    Trade deficit widens

    Malta registered a trade deficit of €200.8 million in March, compared to €162.6 million in the same month of 2017, according to preliminary figures published by the National Statistics Office. The NSO said both imports and exports decreased by...

  • The AGM season

    The AGM season

    Following the conclusion of the annual reporting season for those companies that have a December year-end, it is now the time when these companies convene shareholders for the annual general meeting (AGM). Ahead of an AGM, companies are obliged to...

  • Google eases tech stress

    Google eases tech stress

    Google showed how its virtual assistant can now call restaurants and salons to book appointments, navigating complex conversations, as the Alphabet Inc. unit acknowledged that a technological onslaught was leaving users frazzled and needing a...

  • Vodafone to pay $21.8bn for Liberty assets to boost European presence

    Vodafone to pay $21.8bn for Liberty assets to boost European presence

    Vodafone has agreed to pay $21.8 billion to buy Liberty Global’s assets in Germany and eastern Europe to take on rivals with a broader range of superfast cable TV, broadband and mobile services. The world’s second-largest mobile operator struck a...

  • Oil soars as Trump dumps Iran nuclear deal

    Crude oil prices hit three-and-a-half-year highs yesterday after President Donald Trump pulled the US out of an international nuclear deal with Iran, while the dollar touched a new high for the year and world stocks held steady. Trump’s move...

  • Shipping movements

    The following ships are expected in Malta: The Vega Hercules from Tripoli to Genoa, the Joanna from Civitavecchia to Mersin, the Hansa Cloppenburg from Damietta to Algiers, the Nicolas Delmas from Aliaga to Mersin, the CMA CGM Columba from...

  • MSE Equity Price Index drops to one-week low

    MSE Equity Price Index drops to one-week low

    The MSE Equity Price Index lost 0.25% to a one-week low of 4,291.741 points on Wednesday, mostly driven by the notable declines in the share prices of FIMBank, RS2 and IHI. On the other hand, six equities performed positively whilst a further four...

  • Adrian Delia tours Farsons

    Adrian Delia tours Farsons

    Opposition leader Adrian Delia visited the Farsons complex in Mrieħel on Wednesday in a visit which coincided with the brewery's 90th anniversary. He was shown around by group chairman Louis Farrugia, who explained that over the past...

  • ‘Malta a well-managed financial services centre’

    ‘Malta a well-managed financial services centre’

    Former MFSA chairman Joe Bannister said positive results in the financial services sector showed Malta was a well-managed financial jurisdiction. Writing in the MFSA’s annual report, Prof Bannister, who recently retired from the Authority, said...

  • Commercial agents’ rights

    Commercial agents’ rights

    Commercial agents are entitled to the indemnity and compensation provided for by law even if the agency agreement is terminated during a trial period, the Court of Justice of the European Union (CJEU) has recently asserted. The legal status of...

  • Maritime programme in Malta over four days

    Maritime programme in Malta over four days

    The Malta Maritime Forum and the International Propeller Clubs, Italy joined forces to organise a four-day maritime programme in Malta. The Italian delegation was made up of 45 professionals from the maritime sector in Italy, including...

  • China April exports bounce back more than expected despite US trade brawl

    China April exports bounce back more than expected despite US trade brawl

    China’s exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient and providing a cushion to the economy amid a heated trade dispute with the US. Imports...

  • Jump in German industrial output dispels growth concerns

    Jump in German industrial output dispels growth concerns

    German industrial output rose more than expected in March, data showed yesterday, suggesting that factories in Europe’s largest economy ended the first quarter on a strong footing after two disappointing months. Industrial output jumped by one per...