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  • Brussels swipes at France over economic 'vulnerabilities'

    Brussels swipes at France over economic 'vulnerabilities'

    The European Commission took a swipe at France on Friday noting the country's economic "vulnerabilities" due to high public debt and weak competitiveness. The comments from Brussels came in a commission report to the European Parliament assessing...

  • World's largest sovereign wealth fund loses $57 billion

    World's largest sovereign wealth fund loses $57 billion

    Norway's sovereign wealth fund, the world's biggest, suffered a loss of 485 billion kroner (€50 billion) last year, the country's central bank said Wednesday. The bank, which runs the fund, blamed the 6.1% drop - its second worst yearly result...

  • MIA reports a record year

    MIA reports a record year

    The Malta International Airport (MIA) reported a record financial performance in 2018. Profits were up to €30.3 million from €24.2 million in 2017, an increase of 25.6%. Revenues in 2018 amounted to €92.2 million, a growth of 11.9% from prior...

  • Inflation rate remains stable

    Inflation rate remains stable

    The annual rate of inflation as measured by the Retail Price Index in January was 1.49%, the same as in December. The 12-month moving average rate was 1.21%, according to the National Statistics Office. The largest upward impact on annual...

  • Air France-KLM shares plunge after Dutch buy stake

    Air France-KLM shares plunge after Dutch buy stake

    Shares in Air France-KLM plummeted on Wednesday, a day after the Dutch government announced it was buying a stake in the troubled airline in a bid to match the French state's influence. The Franco-Dutch alliance's stock collapsed 11.31 per cent to...

  • Let’s be realistic about China trade deals - Joe Zammit-Lucia

    Let’s be realistic about China trade deals - Joe Zammit-Lucia

    Towards the end of last year, my investment manager sent out a note that took the view that the US-China trade spat would be resolved and markets would rise as a result. I responded by saying that it may be unlikely to happen and that I personally...

  • Photographer conveys appreciation towards GasanMamo Insurance

    Photographer conveys appreciation towards GasanMamo Insurance

    Maltese photographer Alex Attard recently presented GasanMamo Insurance with two of his photographs which were displayed during his latest pictorial exhibition entitled ‘Parallel Existences’ in Valletta.  Malta’s leading insurance firm was among...

  • London equities take a pounding as UK may delay Brexit

    Global stock markets retreated yesterday as China-US trade talk euphoria faded, with London equities also hurt by a rally in the British pound on speculation over a possible Brexit delay. Markets had hurtled higher Monday after US President Donald...

  • MSE Equity Price Index climbs to 4-day high

    MSE Equity Price Index climbs to 4-day high

    The MSE Equity Price Index extended Monday's gain by 0.18% to just over 4,488 points as the share price increases in BOV and Trident outweighed the declines in RS2 and BMIT. Meanwhile, another five shares ended the day unchanged while trading...

  • Austria uncovers €100m online trading scam

    Austria uncovers €100m online trading scam

    Austrian police said Tuesday they had uncovered an online financial trading scam which according to initial estimates defrauded victims across Europe out of some €100 million. The operation allegedly used fraudulent online platforms purporting to...

  • Bank of England prepares cash access boost before Brexit

    Bank of England prepares cash access boost before Brexit

    The Bank of England on Tuesday said it was preparing to give lenders greater access to cash borrowing in its latest move to help bring financial stability ahead of Brexit. "The Bank will increase the frequency of existing market-wide sterling...

  • Investor’s patience pays off as credit spreads tighten

    Investor’s patience pays off as credit spreads tighten

    In my article on February 19 “Investors – be patient yet be humble” I attempted to give the novice investor an intricate synopsis of the way markets operate, in the most simplest of ways, as well as to clearly highlight market dynamics and market...

  • EU Commission Vice-President to meet Maltese businesses

    EU Commission Vice-President to meet Maltese businesses

    European Commissioner Vice-President responsible for Jobs, Growth, Investment and Competitiveness Jyrki Katainen will join MEP Roberta Metsola in addressing a Business Breakfast she is organising for Maltese and Gozitan business leaders,...

  • Similar trademarks? - Mariosa Vella Cardona

    Similar trademarks? - Mariosa Vella Cardona

    There are several criteria that must be taken into consideration before a trademark is refused regis­tration due to similarity with a previously registered mark, the General Court has recently asserted. These include the visual, phonetic and...

  • Vermantia launches Maltco’s bespoke horse racing channel

    Vermantia, leader in omni-channel content solutions, has launched its live horse racing channel in Malta with Maltco Lotteries – the largest retail network in the country. The bespoke channel, which extends Vermantia’s successful partnership with...

  • Money market report for week ending February 22

    ECB monetary operations On February 18, the European Central Bank (ECB) announced its weekly main refinancing operations (MRO). The operation was conducted on February 19, and attracted bids from euro area eligible counterparties of €5.93 billion,...

  • Secure Trading Group chosen by hospitality group for payment gateway services

    Secure Trading Group has announced a major new European hospitality client, theKeyCollections, which brings together a unique set of hotels, apartments and guesthouses in Dublin, London and Carrick-on-Shannon.  The hospitality group will benefit...

  • World stocks rally as Trump delays China tariffs

    Global stocks rebounded yesterday after US President Donald Trump said he would delay a hike in tariffs on Chinese goods, citing “substantial progress” in trade talks and fuelling hopes of an end to the long-running stand-off. Most key European...

  • When might is not right

    When might is not right

    Imagine waking up one morning to find that someone has taken over an item you so dearly possess without you having ever given him permission to do so. What legal civil action lies at your disposal and what can you do to regain possession of said...

  • Why big businesses move their headquarters: tax, talent and trepidation

    Why big businesses move their headquarters: tax, talent and trepidation

    Ever since the EU referendum of 2016, well-known companies have announced decisions to relocate outside of the UK. Electronic giant Panasonic has gone to Amsterdam, where Sony will soon follow. Ferry company P&O will shift registration of its...