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  • EU to step up legal battle with Britain over import scam

    EU to step up legal battle with Britain over import scam

    The European Commission is expected to step up a legal battle on Wednesday against Britain to recover €2.7 billion in lost revenues due to an import scam, two European officials told Reuters on Tuesday. Commission officials will send a second...

  • First steps towards blockchain applications being discussed

    First steps towards blockchain applications being discussed

    The Malta Digital Innovation Authority (MDIA) has launched a consultation process to start registering service providers and to certify blockchain applications. The consultation process will be divided into four stages. • The first consultation...

  • Coke eyes cannabis-infused drink market

    Coke eyes cannabis-infused drink market

    Coca-Cola Co is closely watching the fast-growing marijuana drinks market for a possible entry that would expand the world's largest soft drink maker's ambitions further away from sugary sodas. Coca-Cola announced its interest in a statement on...

  • Trading in GO dominates activity

    Trading in GO dominates activity

    The MSE Equity Price Index trended minimally higher to 4,310.103 points on Tuesday as the gains in Farsons, BOV and PG slightly outweighed the decline in MIA. Meanwhile, GO and Trident closed the day unchanged, with trading in GO shares...

  • Spain rejects latest Swiss bid to extradite HSBC whistleblower

    Spain rejects latest Swiss bid to extradite HSBC whistleblower

    Spain's High Court on Tuesday rejected a second extradition request from Switzerland against Herve Falciani for leaking details of thousands of clients of HSBC's private bank. Hailed as a hero by some for triggering tax evasion investigations in...

  • Visa, Mastercard reach $6.2bn settlement over card-swipe fees

    Visa, Mastercard reach $6.2bn settlement over card-swipe fees

    Visa Inc, Mastercard Inc, and a number of US banks on Tuesday agreed to pay $6.2 billion to settle a long-running lawsuit brought by merchants over the fees they pay when they accept card payments. Visa and Mastercard previously reached a $7.25...

  • Digging deeper into understanding economic data

    Economists, analysts and the majority working in the financial services sector and market practitioners alike, speak regularly and monitor closely GDP, unemployment figures, inflation. Why is so much importance given to economic data for...

  • Future of the economic, monetary union

    Future of the economic, monetary union

    On September 14, the European Commission Representation in Valletta, in collaboration with the Central Bank of Malta, hosted the conference entitled: The Economic & Monetary Union: how has Malta benefitted and what does the future hold? Following...

  • Money market report for the week ending September 14

    On September 13, the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations (MRO) and the interest rates on the marginal lending facility and the deposit facility will remain...

  • Shares knocked lower after new US tariff threat

    Stock markets headed south yesterday as investors took fright at news that Washington was set to announce a new round of tariffs on Chinese goods in the latest escalation of their trade conflict. US President Donald Trump’s expected announcement...

  • Deutsche Bank to move assets from London to Frankfurt after Brexit

    Deutsche Bank to move assets from London to Frankfurt after Brexit

    Deutsche Bank said on Monday it would move assets from London to Frankfurt after Britain's planned exit from the European Union next year, in line with demands from British and EU regulators. Deutsche Bank said in a statement it would make...

  • UK economy will shrink without Brexit deal, IMF warns

    UK economy will shrink without Brexit deal, IMF warns

    Britain's economy will shrink if it leaves the European Union without a Brexit deal and it will suffer some damage whatever terms it agrees, the International Monetary Fund said on Monday, challenging the promises of some Brexit supporters. The...

  • Fewer counterfeit banknotes reported to the Central Bank

    Fewer counterfeit banknotes reported to the Central Bank

    The number of counterfeit euro banknotes reported to the Central Bank of Malta in the first half of this year has decreased notably. The bank said that at 391 pieces, the number of counterfeits withdrawn from circulation was 17% lower than in the...

  • Trump 'likely' to announce new China tariffs as early as Monday - source

    Trump 'likely' to announce new China tariffs as early as Monday - source

    US President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday, a senior administration official told Reuters on Saturday. The tariff level will probably be about 10 per cent, the Wall...

  • Wiraya accelerates growth by opening new Malta office

    Wiraya accelerates growth by opening new Malta office

    Wiraya, the leading provider of software-as-a-service for mobile customer activation, recently opened a new office in St Julian’s. Oskar Klingberg, CEO at Wiraya, described the expansion as a logical step in the company’s business growth...

  • Share dividends vs share buybacks

    While European companies prefer dividends (to the tune of 70%) as the biggest form of shareholder returns, US companies prefer share buybacks (58%). While the dividend yield on US stocks is almost half that on European stocks, the shareholder...

  • Europe’s looming pensions crunch

    Europe’s looming pensions crunch

    The saying that politicians think about the next election while leaders think about the next generation is attributed to various people. But one thing is certain: Europe today has a multitude of mediocre politicians and hardly any leaders. The...

  • Shipping movements - September 17, 2018

    The following ships are expected in Malta: The APL New Jersey from Koper to Port Said, the CMA CGM Cassiopeia from Suez Canal to Velencia, the APL Oregon from Aliaga to Valencia, the CMA CGM Coral to Salerno, the Durande from Aliaga to Annaba (all...

  • The transformative age is here

    Today, it is hard to read a business article, read a tweet or attend a meeting without the word disruption popping up. It is as if we need it to spur us into action because the future is unnervingly unpredictable. In reality, there is something...

  • Is fiscal integration back on the cards?

    Is fiscal integration back on the cards?

    Recent newsflow from official sources as well as from within the corridors of Brussels suggests perhaps that the topic of fiscal integration within the EU is back on the cards. It is no secret that President Emmanuel Macron of France has made the...