Advert

Business

  • Amazon's Jeff Bezos pledges $2 billion to help homeless and poor

    Amazon's Jeff Bezos pledges $2 billion to help homeless and poor

    Jeff Bezos, Amazon.com Inc's founder and the world's richest person, said on Thursday he will commit $2 billion to helping homeless families and starting pre-schools for low-income communities. The announcement marks a deeper foray into...

  • Game plan for eCommerce

    Game plan for eCommerce

    Anchovy and RSM organised an eCommerce workshop on September 13. The workshop provided a game plan on how businesses can start selling online. From the right grants to the technology and marketing plans, the two-hour workshop delivered a forum...

  • International housekeeping week

    International housekeeping week

    Corinthia Hotel St George’s Bay is celebrating International Housekeeping Week. During this week, which comes to an end today, all housekeeping staff are being acknowledged and rewarded in recognition of the valuable job that they perform,...

  • Trade hopes, Turkey rate hike feed the bulls

    Signs of movement in the US-China trade stand-off and a rate hike in emerging market trouble spot Turkey sent an index of global stocks higher yesterday as risk appetite returned. Wall Street opened higher, following broad gains in Europe and...

  • BOV pulls the MSE equity price index lower

    BOV pulls the MSE equity price index lower

    The MSE Equity Price Index shed a further 0.34% to a one-week low of 4,325.558 points on Thursday largely due to the decline in BOV which, coupled with the slump in the share price of GlobalCapital, outweighed the gains in four other...

  • Modern Fed Policy - the QE tool

    Modern Fed Policy - the QE tool

    Background on Fed bond purchases During the global financial crisis, the Federal Reserve (Fed) embarked on asset purchases, a program better known as quantitative easing (QE), primarily motivated by a complete loss of confidence in the financial...

  • Zara investment could significantly alter PG’s financial dynamics

    Zara investment could significantly alter PG’s financial dynamics

    On August 28, PG plc published its annual financial statements as at April 30, 2018 and on the same day the directors declared a second interim dividend of €0.0236 per share net of tax which was subsequently paid on September 5. The declaration...

  • Stocks struggle near three-week lows

    Fresh sparring between Washington and Beijing over trade kept up pressure on world markets yesterday, with equities struggling and emerging currencies mostly weaker, led by the Indian rupee hitting a record low. A bruising session in Asia took...

  • Canada's Freeland won't hold NAFTA talks, says more work needed

    Canada's Freeland won't hold NAFTA talks, says more work needed

    Canadian Foreign Minister Chrystia Freeland on Wednesday said officials needed to do more work before she could hold fresh talks with the United States on renewing NAFTA as time runs out to reach a deal. A well-placed source had earlier told...

  • Shipping movements

    The following ships are expected in Malta: The Fas Dammam from Salerno to Tripoli, the Eemsdijk from Misurata, the Hansa Marburg from Tripoli to Sfax, the CMA CGM Leo from Genoa to Beirut, the Petalidi from Gemlik to Algiers, the CMA CGM Magdalena...

  • Apple unveils larger iPhones and health-oriented watches

    Apple unveils larger iPhones and health-oriented watches

    Apple Inc unveiled larger iPhones and watches based on the design of current models on Wednesday, confirming Wall Street expectations that the company is making only minor changes to its lineup. The world's most valuable tech company wants users...

  • Mcast Masters graduates are blockchain ready

    Mcast Masters graduates are blockchain ready

    The financial sector tops the list for being the earliest adopter of blockchain technologies – however its potential and application are rapidly spreading across government, telecom, legal, energy, food, and even the pharmaceutical industries. In...

  • GO share price climbs to 5-month high

    GO share price climbs to 5-month high

    Following the declines of the previous two days, the MSE Equity Price Index on Wednesday rebounded by 0.12% to 4,340.393 points, largely driven by the gains in the share prices of GO and HSBC which, coupled with the increases in Tigne’ Mall and...

  • Economic and social committee rejects cut to Cohesion policy funds

    Economic and social committee rejects cut to Cohesion policy funds

    The European Economic and Social Committee has expressed strong disagreement with the Commission’s proposal to cut Cohesion policy funds by 10 per cent, saying the EU executive must show sensitivity for the current political environment rather...

  • Rebuilding lives, 10 years after Lehman's fall

    Rebuilding lives, 10 years after Lehman's fall

    It is an image that became a symbol of the global financial crisis - about 20 bankers, their backs turned to the window, attending an emergency meeting at the London office of Lehman Brothers as the firm slid towards collapse. Gwion Moore, one of...

  • EU proposes tighter money laundering supervision but no single agency

    EU proposes tighter money laundering supervision but no single agency

    The European Commission has recommended changes to banking supervision following a series of high-profile money laundering cases but stopped short of setting up a new agency to tackle financial crime as called for by the European Central Bank. The...

  • Apple to hold key event on Wednesday

    Apple to hold key event on Wednesday

    Apple Inc. is set to hold its’ next big event on Wednesday at 16:00 CET. It’s no secret that Apple Inc. is one of the most, if not the most followed company across the globe, making any worthy news a big deal in the financial world. Not too long...

  • New York overtakes London as world's top financial centre - Z/YEN survey

    New York overtakes London as world's top financial centre - Z/YEN survey

    New York has overtaken London as the world's most attractive financial centre, a survey said on Wednesday, as Britain's decision to leave the European Union prompts banks to shift jobs out of the city to preserve access to Europe's single...

  • Apple's newest iPhone could have big screen, big price

    Apple's newest iPhone could have big screen, big price

    Apple Inc is expected to blast further past the $1,000 price barrier when it launches new iPhones on Wednesday, but Wall Street is most intrigued by how deep into its larger-than-ever lineup prices hikes may go. Apple's market capitalisation has...

  • Meeting for professional stakeholders

    Meeting for professional stakeholders

    Fimbank recently hosted a meeting with professional stakeholders to discuss the bank’s interim financial results for 2018. The meeting revolved around the key developments at Fimbank, including its interim after-tax profit of $6.1 million for the...