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  • Cuba eyes Qatar, Algeria for oil with Venezuela in crisis

    Cuba eyes Qatar, Algeria for oil with Venezuela in crisis

    With top ally Venezuela in crisis, Cuba is moving to cover its oil needs elsewhere, seeking possible alternative supplies in Qatar and Algeria, officials said Monday. Foreign Trade Minister Rodrigo Malmierca was in Qatar on Sunday, and headed to...

  • BMIT share price surges 12% on debut

    BMIT share price surges 12% on debut

    The MSE Equity Price Index climbed 1.21% to a four-month high of 4,543.662 points as various equities trended higher while only MPC finished in negative territory. Much of Monday's attention was centred around BMIT as the equity started trading...

  • Swiss bank UBS faces French court ruling on fraud charges

    Swiss bank UBS faces French court ruling on fraud charges

    A Paris court will rule Wednesday on whether Swiss banking giant UBS illegally tried to convince French clients to hide billions of euros in Switzerland, charges which prompted prosecutors to seek a record €3.7 billion fine. The trial opened last...

  • Amazon – Stay in the Game

    Amazon – Stay in the Game

    Amazon reported earnings beat for Q418, but first-quarter revenue guidance fell short of expectations due to increased investments in 2019 and uncertainty surrounding India. India has been a notable challenge for Amazon, and the company wasn’t...

  • 'Go back home, but pay my pension first'

    'Go back home, but pay my pension first'

    I have a particular book that generates a mixture of disgust, fear and general misery to others whenever I am carrying it. It’s named “Fundamentals of Private Pensions”, it has a dark cover and worst of all no pictures – except for a couple of...

  • European airlines facing winter blues

    European airlines facing winter blues

    Airlines do not like winter as demand for seats usually falls and revenues are low. In the very competitive European airlines’ industry, overcapacity keeps troubling both the larger legacy airlines as well as the low-cost carriers that have...

  • GO concludes a highly successful IPO of BMIT Technologies

    GO concludes a highly successful IPO of BMIT Technologies

    Last Friday, BMIT Technologies plc, a subsidiary of GO plc, was formally listed on the Malta Stock Exchange marking the remarkable success of an IPO, where institutional and general investors subscribed to close to 99 million shares valued at...

  • Shipping movements - February 18, 2019

    The following ships are expected in Malta: The Pinara from Sfax to Annaba, the APL California from Koper to Port Said, the CMA CGM Nerval from Aliaga to Valencia (all CMA CGM Malta Agency Ltd), the MSC Clorinda from Barcelona to Salalah (John...

  • US divergence trade is back on

    US divergence trade is back on

    The intensification of the trade discussions between the US and China as well as the increasing probability of a global economic slowdown has once again forced central banks across major economies to revise their policy path indicating a more...

  • Winner dreams of women being nominated to businessmen awards

    Winner dreams of women being nominated to businessmen awards

    There were 22 nominations for HSBC’s first Malta Businesswoman of the Year Award – but the winner dreams of the day when more women would be nominated to gender-neutral ‘businessman of the year’ awards. “I would like to think that I would also...

  • Times of Malta boosts digital revenue team with four experts

    Times of Malta boosts digital revenue team with four experts

    The Times of Malta has boosted its digital revenue team with the addition of four specialised recruits. George Liapis, digital revenue manager, has a strong digital background, having worked in digital marketing, e-commerce, business development...

  • The end of civilisation

    The end of civilisation

    The recently published World Wildlife Fund 2018 Living Planet Report reveals that we have killed 60 per cent of all wildlife in the last 40 years. I would remind readers that as recently as 200,000 years ago we would have considered our ancestors...

  • MSE Index continues its positive trend

    MSE Index continues its positive trend

    The MSE Equity Total Return Index further extended its positive run to four straight weeks, as it posted a gain of 0.4 per cent, to reach 8,947.324 points. In total, 18 equities were active, of which gainers amounted to nine, and fallers totalled...

  • Lower energy prices restrain US consumer inflation

    The prices paid by Americans for key goods and services was unchanged in January, likely supporting a more patient approach to interest rate rises by the Federal Reserve. Data by the Bureau of Labour Statistics show that the seasonally adjusted...

  • Disclaimer - February 17, 2019

    The information published in this page is intended for information purposes only. Any legal claim or action taken in the event of a dispute should be based solely on the legal texts concerned. For more information, call the Office for Consumer...

  • Sales contracts – our rights and responsibilities

    Sales contracts – our rights and responsibilities

    We are sometimes asked to sign contracts to confirm an order or purchase of a product or service. Very often, we do not take the time to read the conditions of sale we are agreeing to. We tend to blindly trust that the contract we are signing only...

  • Problems with apertures

    Q: I placed an order with a local company to supply me with all my home apertures, all doors and windows. The total expense amounted to €10,000. All the apertures had to be delivered to me within a maximum period of eight weeks. Nearly two months...

  • MBB and ITS collaborate to tackle food waste in hospitality

    MBB and ITS collaborate to tackle food waste in hospitality

    The Malta Business Bureau and the Institute of Tourism Studies have launched their participation in the EU Life Foster Project with the aim of supporting the reduction of food waste in Malta. MBB president Simon De Cesare said: “Food waste is a...

  • Company briefs - February 17, 2019

    Calamatta Cuschieri has appointed Franco Aloisio (right) as head of marketing and communications. Mr Aloisio has over 20 years’ experience in marketing and corporate communications in various sectors such as financial services, telecommunications,...

  • Palumbo invests €6m in Ancona

    Palumbo invests €6m in Ancona

    Palumbo Group has just invested €6 million in a 50,000 square metre ship platform in Ancona that will give its shipyard in Malta a competitive edge in the area of ship repair in the Mediterranean. With 10 piers and a 560-ton travel lift, Palumbo...