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  • Apple’s equity enters bear market territory

    Apple’s equity enters bear market territory

    The market capitalisation of Apple Inc surpassed USD1 trillion in early August as its share price reached $207.05 becoming the world’s most valuable company. It then edged up to a record of $233.47 on October 3 but has since suffered a remarkable...

  • Shipping movements - November 22, 2018

    The following ships are expected in Malta: The Hansa Marburg from Skikda to Benghazi, the AS Laetitia from Mostagerm to Sousse, the CMA CGM Titan from Genoa to Beirut (all CMA CGM Malta Agency Ltd),  the Maersk Lamanai from Malaga to Genoa (Thomas...

  • Stocks and oil climb after rout

    World stock markets and oil prices climbed yesterday, with earnings and gains in tech stocks lifting shares on Wall Street, while the euro rose on hopes Italy and the European Commission would reach a compromise on a dispute over Italy’s 2019...

  • Farsons Blue Label wins at European Beer Star Awards 2018

    Farsons Blue Label wins at European Beer Star Awards 2018

    Farsons Blue Label Amber Ale, brewed by Simonds Farsons Cisk plc, has been awarded a bronze medal in the English-Style Bitter category in this year’s European Beer Star Awards, held at the Doemens Academy in Gräfelfing, Germany on October 11 and...

  • Medserv share price surges on new major contract

    Medserv share price surges on new major contract

    The MSE Equity Price Index remained virtually unchanged at just above 4,488 points. Activity was however buoyant, reflecting increased volumes in Medserv, GO and PG. In total, €0.83 million worth of shares changed hands today. Medserv plc jumped...

  • Demystifying IFRS 17

    Demystifying IFRS 17

    The International Accounting Standard Board (IASB or Board) issued the new Insurance Accounting Standard, IFRS 17 Insurance Contracts (the Standard) on May 18, 2017, with an original effective date from January 1, 2021 onwards. Just a few days...

  • Voomquest Enemed gala awards night

    Voomquest Enemed gala awards night

    On November 16, some 100 guests attended the Voomquest Enemed Annual Awards Night held at the Grand Hotel Excelsior in Floriana. A welcome reception was held, followed by a gala dinner during which an introduction was given by the host for the...

  • Cryptocurrencies and blockchain event

    The Institute of Directors Malta (IoD) has announced that Malta Digital Innovation Authority CEO, Stephen McCarthy will moderate the panel session during the IoD’s afternoon event at the Malta Financial Services Authority (MFSA) on November 22...

  • Dimming growth prospects send stocks, oil plunging

    World equity markets fell yesterday, with US stocks hurt by worries over softening demand for the iPhone and corporate growth prospects, while oil prices sank on concerns about rising global supply. US stocks continued their slide as shares of...

  • Medserv awarded $30.6 million contract

    Medserv awarded $30.6 million contract

    Malta-based Medserv International has been awarded a $30.6 million contract to provide logistical support in oil drilling operations by Staatsolie in South America. "This is an important milestone in Medserv’s development, contributing towards...

  • Quiet session at the stock exchange

    Quiet session at the stock exchange

    After reaching its highest level in five days yesterday, the MSE Equity Price Index eased by 0.07% to 4,491.246 points on Tuesday as drops in BOV and HSBC marginally outweighed the gains in Farsons and Mapfre Middlesea. Meanwhile, GO and RS2...

  • Taxing DLT: does a new reality require a new approach?

    The use of distributed ledger technologies (DLT) has expanded to such an extent that it has proliferated into all facets of our society: a veritable big bang, from a peer-to-peer cash system to a whole universe of applications. With progressive...

  • Three industry accolades from FTE Asia Awards and Airlineratings.com

    Three industry accolades from FTE Asia Awards and Airlineratings.com

    Emirates, the world’s largest international airline, has scooped three industry-leading awards for its game-changing first class private suites and in-flight entertainment system ‘ice’, in addition to being named the ‘Best Long Haul Airline ...

  • PKF Malta attends prestigious Zurich ICO Summit

    PKF Malta recently attended the ICO Summit held in Zurich, combining it with a visit to the renowned ‘crypto-valley’ of ZUG. The ICO Summit was held on October 28 and 29, at a warehouse-type building that was converted for the occasion sporting...

  • Successful team building event for employees

    Successful team building event for employees

    The Social Activity Group at GasanMamo Insurance organised another event with an opportunity for employees to mingle in a relaxing environment outside the normal work place. On Sunday, October 28 a good number of employees, together with their...

  • BNF Bank organises family recreation day at L’ Arka ta’ Noe

    BNF Bank organises family recreation day at L’ Arka ta’ Noe

    The BNF Bank extended family eagerly made its way to L’Arka ta’ Noe in Siġġiewi last Sunday for an exhilarating family adventure and fun-filled afternoon at the animal sanctuary. The sanctuary is spread over 15 tumoli of land, home of tens of...

  • New chairperson for Malta Forum for Internal Auditors

    New chairperson for Malta Forum for Internal Auditors

    The Committee of the Malta Forum for Internal Auditors (MFIA) has undergone a change in its top positions. Alex Azzopardi is the new chairperson of the committee taking over from Anna Camilleri. Mr Azzopardi is a director within the risk...

  • Stocks weighed by Apple demand woes, trade tensions

    World stocks fell yesterday as worries about softening demand for the iPhone dragged down shares of Apple Inc and persistent trade tensions between China and the United States sapped investor sentiment. Concerns about slowing economic growth also...

  • Money market report for week ending November 16

    On November 12, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The operation was conducted on November 13 and attracted bids from euro area eligible counterparties of €6.74 billion, €0.18 billion higher than...

  • Nissan-Renault to oust chairman after arrest for alleged financial misconduct

    Nissan-Renault to oust chairman after arrest for alleged financial misconduct

    Nissan Motor Co Chairman Carlos Ghosn was arrested on Monday for alleged financial misconduct and will be fired from the board this week, a dramatic fall for a leader hailed for rescuing the Japanese carmaker from close to bankruptcy. Ghosn is...