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  • European energy shares

     While the general European equity index remained flat over 2016, the energy sector gained 21 percent. This performance contrasts with 2017 where equities in general are up 8 percent while the energy sector lost 9 percent. This is also opposite to...

  • Uber CEO Travis Kalanick resigns under investor pressure

    Uber CEO Travis Kalanick resigns under investor pressure

    Uber Technologies Inc chief executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under pressure from investors after a string of setbacks. Kalanick’s departure caps a...

  • Oil firms could waste trillions ifclimate targets reached – report

    Energy giants including Exxon Mobil and Royal Dutch Shell risk wasting more than a third of their budgets on projects that will not be needed if climate targets are to be met, a think tank report shows. More than $2 trillion of planned investment...

  • FHRD board elected

    On March 29, the Foundation for Human Resources Development (FHRD) biennial general meeting was held. At the members’ meeting the work carried out during the period 2015-2017 was presented, while the new team which will lead the organisation for...

  • Facebook gets Indonesia nod

    Facebook gets Indonesia nod

    Social networking giant Facebook Inc has received an in-principle approval to set up a domestic unit in Indonesia and the government is now processing the details, the country’s investment chief said yesterday. Indonesia has been pushing...

  • Global shares dogged by oil weakness

    Declines in financial and energy shares weighed on US and European equity markets yesterday, while the US Treasury yield curve hit the narrowest in nearly a decade as investors evaluated hawkish Federal Reserve policy and deteriorating inflation...

  • Shipping movements

    The following ships are expected in Malta: The JSP Slidur from Valencia to Tunis (Thomas Smith Shipping Ltd) and the MV Eurocargo Venezia from Genoa to Livorno (Sullivan Maritime) today. The MV Eurocargo Malta  from Catania to Genoa (Sullivan...

  • Equity market trading activity improves

    Equity market trading activity improves

    The MSE Share Index continued to trade sideways as it closed the day marginally unchanged at 4,666.485 points. Trading activity was spread across twelve equities – five trended lower, four ended unchanged whilst a further three shares registered...

  • Fixating on fixed income

    Fixating on fixed income

    A typical novice investor when referring to ‘Bonds’, perceives them as guaranteed income-generating securities. Rightly so, to an extent, fixed income securities in their plainest form return a coupon (interest) for a given nominal amount invested.

  • Regulation of consumer credit

    Consumer credit refers to credit that is advanced to consumers when purchasing goods or services, the most common form of which is a credit card. Consumer credit is specifically regulated at EU level by the Consumer Credit Directive. EU rules on...

  • Boeing lifts 20-year industry demand forecast

    Boeing lifts 20-year industry demand forecast

    Boeing revised up its rolling 20-year industry forecast for passenger and freight planes by four per cent yesterday, though signs at the world’s biggest air show suggest a cooling of demand at the moment after years of red-hot growth. The US...

  • Stocks retreat as oil price slumps on supply worry

    World stock markets lost ground yesterday, pressured by a sharp drop in oil prices to their lowest in more than a year, while the US dollar strengthened on hawkish comments from US Fed officials. Brent crude touched its lowest level since April...

  • Britain charges Barclays, ex-bosses over 'unlawful' Qatari deal

    Britain charges Barclays, ex-bosses over 'unlawful' Qatari deal

    Barclays and four former top executives have been criminally charged over undisclosed payments to Qatari investors during a 12 billion pound (€13.7 billion) emergency fundraising in 2008. Britain's Serious Fraud Office (SFO) said today it was...

  • Bond or bond fund?

    Bond or bond fund?

    There are many misconceptions around regarding the difference between a bond and a bond fund. This article will serve to outline the key differences between both instruments, and what to look out for when investing in each security. By definition,...

  • Money market report for the week ending June 16

    On June 12, the European Central Bank announced its weekly main refinancing operation (MRO).The operation was conducted on June 13 and attracted bids from euro area eligible counterparties of €11.01 billion, €1.09 billion lower than the bid amount...

  • In Brexit boost, Jaguar Land Rover to hire 5,000 staff

    Britain’s biggest carmaker Jaguar Land Rover will hire 5,000 staff as it boosts its skills in autonomous and electric technology, a welcome business endorsement as Prime Minister Theresa May starts Brexit talks after a botched election. JLR, which...

  • With Whole Foods, Amazon on collision course with Wal-Mart

    With Whole Foods, Amazon on collision course with Wal-Mart

    When Wal-Mart Stores Inc bought online retailer Jet.com for $3 billion last year, it marked a crucial moment – the world’s largest brick-and-mortar retailer, after years of ceding e-commerce leadership to arch rival Amazon, intended to compete. On...

  • Trump to meet CEOs on government overhaul

    Trump to meet CEOs on government overhaul

    US President Donald Trump was to meet with the chief executives of technology companies including Apple Inc and Amazon.com Inc yesterday as the White House looks to the private sector for help in cutting government waste and improving...

  • Tech rebound lifts stocks

    World stock markets advanced as technology and retail stocks rebounded from recent declines and US Treasury yields rose in the wake of hawkish comments from a Federal Reserve official. The tech sector, up 1.4 per cent, pushed equity indexes on...

  • Chinese bankers flock to Hong Kong as expats retreat

    Chinese bankers flock to Hong Kong as expats retreat

    A flood of Chinese bankers is changing the social fabric of Hong Kong, as they rapidly expand their footprint in one of the world’s premier financial centres, even as Beijing struggles to tame the former British colony politically. Two decades...