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  • Tesla shares fall after CEO Musk calls British caver paedophile

    Tesla shares fall after CEO Musk calls British caver paedophile

    Shares of Tesla Inc fell over 3.5 per cent after chief executive Elon Musk directed abuse on Twitter at one of the British cavers involved in the rescue of 12 Thai children last week. A number of analysts and investors, requesting anonymity, told...

  • As sanctions start to bite, Iran crude exports set to wilt

    As sanctions start to bite, Iran crude exports set to wilt

    Iran's oil exports could fall by as much as two-thirds by the end of the year because of new US sanctions, putting oil markets under huge strain amid supply outages elsewhere in the world. Washington initially planned to totally shut Iran out of...

  • Mixed performance for credit across both sides of spectrum

    Mixed performance for credit across both sides of spectrum

    To say that Emerging Markets (EM) have had a topsy-turvy start to the year is nothing less than an understatement. The weakness witnessed in EM economic activity cannot be pinpointed to one or two factors but rather it has been the by-product of...

  • 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...

  • EU trade surplus was €0.2bn

    EU trade surplus was €0.2bn

    The first estimate for EU28 exports of goods to the rest of the world in May 2018 was €160.9 billion, down by 2.7% compared with May 2017 (€165.4bn). Imports from the rest of the world stood at €160.7bn, down by 1.4% compared with May 2017...

  • Italy proposes €50bn of extra spending on investments - Savona

    Italy proposes €50bn of extra spending on investments - Savona

    Updated at 12pm European Affairs Minister Paolo Savona proposed on Monday that Italy should boost investments by about €50 billion and called on the EU to back the plan instead of insisting on deficit reduction. In an interview with daily La...

  • Louis Vuitton – Our stance on the shares before the results

    Louis Vuitton – Our stance on the shares before the results

    LVMH will be reporting results for H1 2018 on July 24, 2018. The group continues to impress the market with good levels of revenue coming from substantial growth in the US, Europe, and Asia. We believe LVMH is a diversified company with a strong...

  • China second quarter GDP growth softens

    China second quarter GDP growth softens

    China's economy expanded at a slower pace in the second quarter as Beijing's efforts to contain debt hurt activity, while June factory output growth weakened to a two-year low in a worrying sign for investment and exporters as a trade war with the...

  • EU says China could open its economy if it wishes

    EU says China could open its economy if it wishes

    China could open its economy if it wishes, European Commission President Jean-Claude Juncker said on Monday in Beijing, as Beijing comes under growing pressure over its industrial policies amid an escalating trade war with Washington. Playing host...

  • 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...

  • Shipping movements

    The following ships are expected in Malta: The Max Cooler from Algiers to Izmir, the CMA CGM Herodote from Aliaga to Annaba, the CMA CGM Rigoletto from Koper to Port Said, the Pinara from Alexandria, the Analena from Souse to Algiers and the...

  • Good company in times of war: Nestlé. ‘What else?’

    Companies have logos – easily recognisable symbols which embody the whole of its activities. Consumer goods companies take special care polishing and enhancing their brands. They invest an astronomical amount of money to do so. Take Shell, Daimler...

  • People in tourism

    People in tourism

    Malta is currently undergoing an un­precedented level of economic growth, boasting impressive employment levels and productivity. One of the key drivers of this growth is the tourism industry. According to latest figures, tourism contributes to...

  • MIA passenger movements up 14.6% in June

    MIA passenger movements up 14.6% in June

    The MSE Equity Total Return Index partially erased the previous week’s 0.871 per cent gain, having declined by 0.501 per cent, to close at 8,668.684 points – reaching a turnover of €1.1 million. Activity was spread across 18 equities of which 10...

  • EU lowers eurozone 2018 GDP forecast

    The European Commission trimmed its growth forecast for the euro area this year to 2.1 per cent, downwards from the previous 2.3 per cent projection. Growth of two per cent is now expected for next year. Economic momentum moderated in the first...

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    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...

  • Products advertised with lifetime guarantee: the real benefits

    Products advertised with lifetime guarantee: the real benefits

    When we hear about a ‘lifetime guarantee’ most of us assume that the product is guaranteed for as long as we live. This prospect is undoubtedly very attractive to us as we believe that by buying goods with lifetime guarantees we are making the...

  • Different marble kitchen top

    Q: My partner and I needed to purchase a new kitchen top with a matching backsplash. We found a design we liked at a local supplier’s showroom, and since we liked it, we ordered it and paid a deposit. We made an appointment to measure the counter...