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  • World stock markets on pace for worst week since March

    World stock markets  on pace for worst  week since March

    World share indexes limped toward their worst week in almost six months yesterday, with Asia equities hitting a 14-month low and US stocks down in early trading as investors braced for additional trade tariffs and higher US interest rates. The...

  • Alibaba's Jack Ma to retire

    Alibaba's Jack Ma to retire

    Alibaba Group Holding Ltd's co-founder and executive chairman Jack Ma will retire from the e-commerce company on Monday, as the former English teacher seeks to focus on philanthropy in education, the New York Times reported. Ma, one of China's...

  • BNF Bank sponsors Rockestra for the 10th consecutive year

    BNF Bank is extending its support to the Malta Community Chest Fund Foundation by sponsoring Rockestra for the tenth year running. The much-awaited concert held under the patronage of President Marie-Louise Coleiro Preca, is staged on September 15...

  • Canada's Freeland sees 'very good progress' in NAFTA trade talks

    Canada's Freeland sees 'very good progress' in NAFTA trade talks

    Canada's top trade negotiator said on Friday she and her counterpart were making "very good progress" in talks to save the North American Free Trade Agreement amid increasing Canadian optimism that a deal could be reached. Canadian Foreign...

  • Italian finance minister moves to reassure EU on budget

    Italian finance minister moves to reassure EU on budget

    Italy understands it must tighten its public finances, its finance minister said on Friday after talks with EU authorities, signalling that ambitious spending plans set out by Rome would not conflict with Brussels' fiscal rules. Giovanni Tria...

  • Tesla rocked after Musk smoked marijuana during live webcast

    Tesla rocked after Musk smoked marijuana during live webcast

    Tesla Inc's shares dropped the most in two years on Friday, rocked by the departure of its accounting chief after just a month and mounting investor concerns about chief executive Elon Musk's behavior after he smoked marijuana on a live...

  • MSE Equity Price Index reaches 4-week high

    MSE Equity Price Index reaches 4-week high

    The MSE Equity Price Index extended its positive trend with a rise of a further 0.19% during Friday's session to reach a fresh 4-week high of 4,347.612 points. Three equities, including MIA and Farsons, trended higher today while BOV closed lower.

  • Ryanair cabin crew unions threaten strike in late September

    Ryanair cabin crew unions threaten strike in late September

    Updated at 6.15pm Seven trade unions representing Ryanair cabin crew in five countries threatened on Friday to hold a strike in late September unless the airline agrees to improve working conditions. Europe's largest low-cost carrier suffered its...

  • Qatar eyes Germany's energy, finance sectors with €10bn investment

    Qatar eyes Germany's energy, finance sectors with €10bn investment

    The Gulf state of Qatar said on Friday it would invest €10 billion to strengthen its ties with Germany over the next five years, including the possible creation of a liquefied natural gas (LNG) terminal. Qatar's Emir Tamim bin Hamad al-Thani...

  • VW faces €9.2bn investor suit over dieselgate scandal

    VW faces €9.2bn investor suit over dieselgate scandal

    Volkswagen faces a trial next week as investors seek €9.2 billion in compensation arguing that the carmaker should have informed shareholders about a diesel pollution scandal before regulators did in September 2015. The lawsuit bundles 1,670...

  • Argentina’s new plan

    On Monday, Argentina’s President Macri admitted that the country is in a state of emergency. The entire government has realised that their lack of initial action was an error. Without getting into detail, Macri warned that the country cannot keep...

  • Melita customers affected by roadworks blackout to get free 30 day upgrade

    Melita customers affected by roadworks blackout to get free 30 day upgrade

    Melita customers whose TV and internet services went offline for several hours earlier this week will be getting a free 30 day upgrade as a sign of goodwill, the company announced on Friday. Thousands of TV and broadband customers were frustrated...

  • Buy-to-let and housing

    Buy-to-let and housing

    An article on the UK paper The Guardian and a discussion on LinkedIn, having a similar thrust, caught my attention this week. As such, my contribution today relies on these two elements; however, I have applied the thinking expressed in them to...

  • Trade war worries drag on world shares for a fifth day

    World shares fell for a fifth straight day yesterday, with emerging market stocks in their sixth day of declines, as investors braced for an escalation in a trade war between the United States and China. The dollar edged down following a bounce in...

  • HSBC lifts local equity index to 3-week high

    HSBC lifts local equity index to 3-week high

    The MSE Equity Price Index trended higher for a third consecutive day as it climbed by a further 0.79% to a three-week high of 4,339.354 points. Thursday’s gain in the local equity index was mainly driven by the surge in the share price of HSBC as...

  • EU plan on bank money laundering pushes back action to next year

    EU plan on bank money laundering pushes back action to next year

    European Union regulators have drawn up a preliminary plan for a possible tightening of rules against money laundering after a series of high-level cases at the bloc's banks, but do not envisage quick measures. The plan, prepared by a group of...

  • World food prices stable in August compared with July -FAO

    World food prices stable in August compared with July -FAO

    World food prices were largely stable in August from the month before, with a rise in wheat prices offset by declines in sugar, vegetable oils and dairy indices, the United Nations food agency said on Thursday. The Food and Agriculture...

  • GDP up 5.9% in second quarter in real terms

    GDP up 5.9% in second quarter in real terms

    Updated at 1.20pm Malta’s gross domestic product went up by 5.9 per cent in real terms in the second quarter, the National Statistics Office reported on Thursday. Provisional estimates indicate that the GDP reached €3,001.1 million, an increase of...

  • Burberry to stop burning unsold goods, removes real fur from collections

    Burberry to stop burning unsold goods, removes real fur from collections

    British luxury brand Burberry said it would no longer burn millions of pounds worth of unsold goods or use real fur in its collections after an uproar over its environmental credentials. The label, which is due to produce its first collection...

  • GO aiming to become ‘the enabler of the digital era’

    GO aiming to become ‘the enabler of the digital era’

    GO plc held a meeting with financial analysts last week during which the recently appointed CEO Nikhil Patil provided a review of the group’s strategy. Mr Patil is not a newcomer to GO or to the local economy since he had been one of the key...