Advert

News

  • Enthusiasm for Malta at EU Expo

    FinanceMalta’s participation in Europe’s largest business blockchain event in Amsterdam resulted in huge interest in the Maltese jurisdiction and the recently enacted legal and regulatory framework on distributed ledger technology (DLT), virtual...

  • Trade concerns haunt equity market rally

    A three-day world stock market rally threatened to stall yesterday as investors fretted over the impact of tariffs on corporate earnings and awaited a US-EU meeting that could inflame a trade war. Disappointing results from Boeing Co and General...

  • This week’s ship movements

    The following ships are expected today: The Fas Dammam from Trapani to Tripoli, the CMA CGM Columba from Genoa to Beirut, the Joanna from El Dekheila to Algiers (all CMA CGM Malta Agency Ltd), the MV Eurocargo Venezia from Genoa to Genoa (Sullivan...

  • Have a break, ECJ tells chocolate giants in KitKat case

    Have a break, ECJ tells chocolate giants in KitKat case

    A long-running legal battle between global chocolate giants over the shape of KitKat finger wafers was sent back to the EU's trademark office on Wednesday after judges dismissed appeals by both companies. The ruling by the European Court of...

  • Economy healthy as sentiment remains above average, Central Bank says

    Economy healthy as sentiment remains above average, Central Bank says

    Malta’s economy continues to grow at a healthy rate fuelled by net exports, although the pace of growth has moderated and the local labour market remains tight, the Central Bank has said. In its quarterly review of the domestic economy, the...

  • Former Fiat Chrysler CEO Marchionne dies aged 66

    Former Fiat Chrysler CEO Marchionne dies aged 66

    Former Fiat Chrysler chief executive Sergio Marchionne, one of the auto industry's most tenacious and respected auto chiefs, has died, succumbing to complications from recent surgery. The carmaker's controlling family shareholder confirmed news...

  • The 380 at the ports

    The 380 at the ports

    Few know that port workers are regulated by Article 171 of the Port Ordinance Act enacted on March 1, 1950, and that at any one point, there can only be 380 registered port workers. “There’s this image out there that port workers are an unruly lot.

  • One-month high for world stocks after tech earnings

    Global equity markets hit their highest in a month yesterday as stellar results from Google parent Alphabet underpinned tech stocks and China promised fiscal action to support the world’s second-largest economy. MSCI’s index of stock markets...

  • London taxi drivers plan to sue Uber for €1.4 billion - Sky News

    London taxi drivers plan to sue Uber for €1.4 billion - Sky News

    London taxi drivers are drawing up a plan to sue mobile app Uber for over £1 billion pounds, Sky News reported on Tuesday citing unidentified sources, weeks after it was granted a temporary licence to operate in Britain's capital. Sky News said...

  • European governments must support the Chequers plan

    European governments must support the Chequers plan

    Negotiations between European governments and the UK on the form and shape of Brexit are reaching their denouement. Over the coming months, two fundamental principles will be at stake. Who decides the direction that Europe takes – elected...

  • Bond yields rise worldwide on BoJ easing talk

    Signs that the Bank of Japan (BoJ) might scale back support for the economy faster than expected sent tremors through debt markets yesterday, while stocks slipped as threats of further US tariffs on China drained risk appetite. Bond yields climbed...

  • MFSA warns consumers to steer clear of FXenergy

    MFSA warns consumers to steer clear of FXenergy

    Malta’s financial regulator has warned consumers that a company which purports to run a Malta-registered online currency trading plalform is an unknown entity. Fxenergy, which runs the website www.fxenergytrade.com, is fraudulently claiming to be...

  • Our green revolution

    Our green revolution

    Looking at Malta’s landscape from the air one realises how depressingly arid our country is especially in summer. The concern that many share about how we deal with our trees in public places should lead to affirmative action to start a green...

  • Shipping movements

    The following ships are expected in Malta: The Devon from Oran to Annaba, the Petalidi from Algiers to Izmir, the Buxcoast from Aliaga to Valencia, the CMA CGM Lotus from Bizerte (all CMA CGM Malta Agency Ltd), the Maersk Arkansas from Bejaia to...

  • New Grimaldi vessel to carry 500 trailers

    New Grimaldi vessel to carry 500 trailers

    Grimaldi is planning to introduce a new vessel on the Malta route by 2020, which will double the trailer capacity to just over 500 units. With the cost of oil creeping up again, the company has its eye on expenditure and the 12 new Ro-Ro cargo...

  • Good economy, bad politics

    Good economy, bad politics

    This year we mark the 10th anniversary since the global financial crisis. It has been a long, arduous journey but if we look at the world economies, we find that, on balance, they are in pretty good shape. Global growth of 3.8 per cent in the past...

  • Business idea cultivation at the University of Malta

    Business idea cultivation at the University of Malta

    The fifth edition of the Takeoff Seed Fund Awards (Tosfa) saw €100,000 being distributed between seven promising start-ups and proof of concept projects. This year’s increasing interest and sheer quality of entries marks another healthy milestone...

  • Illness ends career of Sergio Marchionne, the CEO who liked to fix things

    Illness ends career of Sergio Marchionne, the CEO who liked to fix things

    Sergio Marchionne bowed out on Saturday as one of the auto industry's most demanding and tenacious chief executives, his health in crisis after a career in which he rescued Fiat and Chrysler, two of its most storied brands. Fourteen years after he...

  • Equity index back in positive territory

    Equity index back in positive territory

    The MSE Equity Total Return Index was back in positive territory having advanced by 0.617 per cent, recovering last week’s loss of 0.5 per cent, to close at 8,722.206 points as turnover remained stable at €1.1 million. In total, 18 equities were...

  • Gradually raising US interest rates ‘best way forward’ – Fed

    During last Tuesday’s Senate Banking Committee testimony on Capitol Hill, Federal Reserve chairman Jerome Powell reiterated that the US central bank believes gradually raising interest rates is the “best way forward”. He added that the Fed is...