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  • US, EU slap new sanctions on Russia over Ukraine

    US, EU slap new sanctions on Russia over Ukraine

    The United States, in coordination with the European Union and Canada, Friday slapped new sanctions on more than a dozen officials and businesses in response to Russia's "continued aggression in Ukraine." Six Russian officials, six defense firms...

  • Ford to slash over 5,000 German jobs in European overhaul

    Ford to slash over 5,000 German jobs in European overhaul

    Ford on Friday said it planned to cut "more than 5,000" jobs in Germany as part of a major restructuring to boost profitability at the US car giant's European operations. The group aims to carry out the jobs cull through voluntary redundancies and...

  • BOV share prices surges over 6%

    BOV share prices surges over 6%

    The MSE Equity Price Index approached the 4,700 mark as it jumped by just over 1% to 4,691.124 points. Most of Friday's attention was directed towards the publication of the 2018 financial results by Bank of Valletta plc, which showed that the...

  • Volvo Cars to impose 180 kph speed limit on all cars

    Volvo Cars to impose 180 kph speed limit on all cars

    Volvo Cars will limit the top speed on all its cars to 180 kph from 2020.The company’s Vision 2020, which aims for no one to be killed or seriously injured in a new Volvo by 2020, is one of the most ambitious safety visions in the automotive...

  • Company seems to be using genuine entity as smokescreen for deception

    Company seems to be using genuine entity as smokescreen for deception

    The Malta Financial Services Authority has warned that an entity with an internet presence at http://aqa.capital/ is falsely claiming to be associated with a licensed and authorised entity. Fraudsters are using the details of the genuine company...

  • Mapfre Group profits slightly up

    Mapfre Group profits slightly up

    Mapfre Group profit before tax for this financial year amounted to €18.56 million, against the €17.71 million of the previous year. Profits after tax profits at €14.04 million compared to €13.52 million in 2017. The standalone company registered a...

  • Inflation slightly higher

    Inflation slightly higher

    The annual rate of inflation as measured by the Harmonised Index of Consumer Prices in February was 1.3%, up from 1% in January. The 12-month moving average rate was 1.7%. The largest upward impact on annual inflation was measured in the Food and...

  • Analysing asset correlations in portfolio and risk management

    Analysing asset correlations in portfolio and risk management

    Anyone within the industry must have inevitably heard about the risk-reward trade-off or risk-adjusted returns. Understanding and managing portfolio and investment risks within an investor’s basket of investments is paramount in ensuring returns...

  • Maltco Lotteries presents donation to Malta Community Chest Fund

    Maltco Lotteries presented President Marie-Louise Coleiro Preca with a donation of €10,000 in aid of the Malta Community Chest Fund Foundation. The Malta Community Chest Fund is a major contributor to society as it supports and improves the...

  • Is a recession on the horizon? - Lawrence Zammit

    Last week, the president of the European Central Bank, Mario Draghi, announced two initiatives aimed at prologing the loose monetary policy stance that the bank has adopted in recent years. Initially, the ECB had initiated a quantitative easing...

  • Various equities trend lower

    Various equities trend lower

    The MSE Equity Price Index lost 0.55% on Thursday to 4,642.576 points as various equities performed negatively while only Mapfre Middlesea trended higher. Meanwhile, MPC and Trident Estates plc closed the day unchanged while trading volumes...

  • European parliament deals setback to EU-US trade talks

    European parliament deals setback to EU-US trade talks

    The European Parliament on Thursday failed to back the launch of trade talks between the EU and the United States, dealing an unexpected blow to efforts to avert a trade war. Pursuing a limited trade deal was the central part of a truce agreed in...

  • Abu Dhabi's Etihad airways posts losses for third year

    Abu Dhabi's Etihad airways posts losses for third year

    Abu Dhabi's Etihad Airways posted a loss in 2018 for the third year running, it said Thursday, blaming investment losses and challenging market conditions. The airline, which has been undergoing restructuring since late 2017, said it had narrowed...

  • Could the US dollar have reached a peak?

    Could the US dollar have reached a peak?

    The currency markets have changed along with the global economy over the years; emerging-markets that were previously deemed as a minority are now representing a far larger share of the global economy and world trade. In turn, this has made their...

  • Malta Stock Exchange Institute licenced as further education institution

    Malta Stock Exchange Institute licenced as further education institution

    The Malta Stock Exchange Institute has been licensed as a further education institution by the National Commission for Further and Higher Education. This achievement follows the Institute’s first two years’ of operation, during which it provided...

  • Smoking costs society dear – so why isn't Big Tobacco paying its way?

    Smoking costs society dear – so why isn't Big Tobacco paying its way?

    It is well known that some of the world’s biggest technical companies pay pitiful amounts of corporate tax. Now our new research has placed the tax returns of tobacco firms under the spotlight. Despite the enormous harm they cause, and the massive...

  • Shipping movements - March 14, 2019

    The following ships are expected in Malta: The CMA CGM Nerval from Antwerp to Piraeus, the CMA CGM Racine from Suez Canal to La Spezia (both CMA CGM Malta Agency Ltd), the Maersk Lamanai from Malaga to Genoa (Thomas Smith & Co Ltd), the MV...

  • ECB announcement rattles financial markets - Edward Rizzo

    In the midst of the annual reporting season in Malta when many Maltese investors would have been focused on the publication of the annual financial statements by various companies, another very important development took place last week.  On...

  • Malta Bankers’ Association participates in MIA’s SME Forum

    Malta Bankers’ Association participates in MIA’s SME Forum

    The Malta Bankers’ Association (MBA) recently participated in the 10th edition of the SME Forum organised by the Malta Institute of Accountants. The MBA was represented by its assistant secretary general Mariosa Vella Cardona who discussed the...

  • Pound, London stocks recover before vote

    The British pound and the London stock market recovered yesterday  ahead of parliament’s vote on whether to back a “no deal” Brexit. Sterling and London share prices had taken a brief knock after MPs on Tuesday rejected for a second time a Brexit...