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  • Fimbank receives top worldwide factoring rankings

    Fimbank receives top worldwide factoring rankings

    The Fimbank Group achieved strong recognition and won top industry rankings at the annual meeting of the Factors Chain International association in Amsterdam at its anniversary meeting in June. FCI, headquartered in Amsterdam, is a global network...

  • Doctorate in bus reform and its impact on behaviour and policy

    Thérèse Bajada was recently awarded a PhD in Transport Studies from the University College London. Her research was entitled ‘The Impact of Bus Reform on Behaviour and Policy: The Case of Malta’. Dr Bajada’s case study focused on the bus reform...

  • Maltese-Egyptian named Ferrari CEO

    Maltese-Egyptian named Ferrari CEO

    Updated 7.14pm Luxury sports carmaker Ferrari said on Saturday it had appointed board member Louis Camilleri as its new chief executive, replacing Sergio Marchionne who is seriously ill. In an emergency meeting called after Marchionne's health...

  • AI Malta Summit a hit with attendees

    AI Malta Summit a hit with attendees

    Eventus International’s first-ever Artificial Intelligence (AI) Summit was held recently at Le Meridien in St Julian’s Hotel and Spa. In order to answer questions, provide foresight and discuss their experiences within the highly complex field of...

  • Equities post gains on stable turnover

    The MSE Equity Total Return Index returned to positive territory as it hiked 0.617 per cent to 8,722.206 points. A total of 18 issues were active during the week of which seven ticked higher while four declined. The most notable positive movers...

  • World stocks falter on yuan slide, new tariff threat

    Global markets stalled yesterday after a US threat to slap $500 billion of trade tariffs on China and more yuan weakness, with the dollar slipping and one major benchmark of world equities ekeing out limited gains. US President Donald Trump said...

  • Hold your horses, MFSA tells blockchain sector

    Hold your horses, MFSA tells blockchain sector

    Blockchain-based companies intrigued by Malta's "blockchain island" pivot were told they will have to wait before they can apply for approvals and authorisations in the country. In a statement issued on Friday, the Malta Financial Services...

  • The changing axis

    The changing axis

    This week’s news coupled with that of the last few weeks evidently reflects a changing axis. We are steadily seeing the end of the US – EU axis and the creation of new ones. The implications in relation to the economic relations among leading...

  • In-flight entertainment award

    In-flight entertainment award

    Emirates has won World’s Best In-flight Entertainment award for the 14th year in a row at the prestigious Skytrax World Airline Awards 2018. The airline has also secured a service excellence award for best airline staff service in the Middle East...

  • PKF Malta participates in prestigious international conferences

    PKF Malta participates in prestigious international conferences

    PKF Malta partner Pierre Etienne Mangion and business executive, Russia desk, Svetlana Vella both recently attended the VII Russian Wealth Forum in Moscow. The conference topics included the various residency and citizenship programmes around the...

  • Dollar bulls charge as China grabs for stimulus levers

    The dollar climbed to a one-year high but stocks wobbled and metal markets buckled badly yesterday as signs that China was resorting to credit-fuelled stimulus again helped drive down its currency. Asian shares had struggled following the moves...

  • Analysing the financial strength of bond issuers

    Analysing the financial strength of bond issuers

    Last month, I published an article explaining the obligation for most bond issuers to publish an updated Financial Analysis Summary (FAS) on an annual basis. Since most companies whose bonds are listed on the regulated Main Market of the Malta...

  • World stocks hit one-month high

    World stocks hit a one-month high yesterday as strong company earnings and a bullish outlook from the head of the US central bank buoyed the dollar. The dollar’s advance took its toll on a host of global currencies and melted gold to its lowest...

  • Shipping movements

    The following ships are expected in Malta: The MV Eurocargo Malta from Genoa to Genoa (Sullivan Maritime), the CS Tina from Misurata (CMA CGM Malta Agency Ltd) and the Barbara Krahulik from Catania (SMS Shipping) today. The CMA CGM Magdalena from...

  • Supporting 2018 Alive Cycling Challenge for Cancer

    Supporting 2018 Alive Cycling Challenge for Cancer

    Mapfre MSV Life has presented a fundraising sponsorship to Roderick Mallia, one of the cyclists taking part in this year’s Cycling Challenge for Cancer organised by the Alive Charity Foundation – a foundation that seeks to raise funds for medical...

  • EU shares take heart in Powell comments as earnings flow in

    European shares rose yesterday in a choppy session, as stocks were buoyed by upbeat comments in Federal Reserve Chairman Jer-ome Powell’s testimony amid a batch of mixed company updates. Telecoms stocks fell the most, down 1.2 per cent, weighed...

  • IMF warns of more trade fight damage, says US vulnerable

    Escalating, sustained trade conflicts following US tariff actions threatened to derail economic recovery and depress medium-term growth prospects, the International Monetary Fund warned. Sketching out potential damage from the full brunt of US...

  • Money market report for week ending July 13

    On July 9, 2018, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO).  The operation was conducted on July 10, 2018 and attracted bids from euro area eligible counterparties of €1.91 billion, €0.37 billion lower...

  • Sterling falls as May faces Brexit pressure in parliament

    Sterling falls as May faces Brexit pressure in parliament

    The pound fell on Monday as a debate in Britain's parliament exposed the level of dissatisfaction within British Prime Minister Theresa May's governing Conservative Party over her plans for Brexit. The pound fell to an intraday low of $1.3223 on...

  • Europe’s existential challenges

    Europe’s existential challenges

    The summits of multinational organisations, like the EU Council or the G7, are usually stage-managed with final communiqué traditionally agreed in principle by participants well in advance. Donald Trump made sure this no longer remained the case...