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  • Siemens Gamesa to cut costs by €2 billion by 2020

    Siemens Gamesa, the world’s number two maker of wind turbines yesterday said it would reduce costs by about €2 billion by 2020, hoping this will help it narrow a margin gap with larger rival Vestas. Presenting its new three-year business plan at a...

  • Stocks shrug off bond market angst over inflation

    Stocks and commodities steamed higher yesterday, suddenly shrugging off the angst that has burst out in recent weeks over higher global borrowing costs on the back of rising inflation. Economists were struggling to explain the shift except for the...

  • Is doing good good for business?

    Is doing good good for business?

    ‘Is doing good good for business’? This is the central theme behind a recent collaboration between the University of Carolina and Fortune, who are offering a joint course called ‘Change the World: Lead with Purpose’. The University’s Business...

  • MSE Equity Price Index climbs to 1-week high

    MSE Equity Price Index climbs to 1-week high

    The MSE Equity Price Index trended higher for the third consecutive day as it added a further 0.22% to a one-week high of 4,477.239 points. Overall, the gains in the share prices of FIMBank, GO and MIA outweighed the drops in five other equities.

  • Italy's election pledges are a debt time bomb, economists warn

    Italy's election pledges are a debt time bomb, economists warn

    "Every promise is debt - think about it," screams the message below a huge, ticking "debt clock" that greets passengers at the main train stations in Rome and Milan. The digital clocks, installed by a think tank, update Italy's €2.3 trillion debt...

  • New company registry creation set in motion

    New company registry creation set in motion

    The process leading to the creation of a separate, standalone registry of companies’ entity has been put in motion, leaving the Malta Financial Services Authority to focus on its regulatory role, Parliamentary Secretary for Financial Services...

  • France to reduce debt burden in 2018 - finance minister

    France to reduce debt burden in 2018 - finance minister

    France's government would take measures this year to reduce its debt burden in anticipation of higher interest rates, Finance Minister Bruno Le Maire said on Thursday. Le Maire told a conference at the Finance Ministry that there was no doubt that...

  • In Trump’s first year, US agency doubles solar investments abroad

    In Trump’s first year, US agency doubles solar investments abroad

    The United States government doubled its financial support for solar power projects overseas during President Donald Trump's first year in office under a climate-friendly investment policy inherited from the Obama administration, according to a...

  • Corrections only turn bears in recessions

    Corrections only turn bears in recessions

    Equity markets had a rough month to date as the worries around rising inflation, bond yields and a more aggressive Fed continued to impact. US shares last week fell 5.2%, Eurozone shares fell 5.1%, Japanese shares lost 8.1% and Chinese shares fell...

  • Potential main market listings

    Potential main market listings

    On February 1, the Malta Stock Exchange (MSE) issued a notice to its members (i.e. stockbroking firms) in which it provided very valuable information regarding the indicative listing calendar for the first half of 2018. It is important to note...

  • H&M sees growth in online sales lifting earnings this year

    H&M sees growth in online sales lifting earnings this year

    Sweden’s H&M expects earnings to grow this year as rising online sales offset weakness in its physical stores, it said on Wednesday at its first ever day of investor briefings held to assuage concerns over future strategy. Shares in the world’s...

  • Walmart goes to the cloud to close gap with Amazon

    One of Walmart Inc’s best chances at taking on Amazon.com Inc in e-commerce lies with six giant server farms, each larger than 10 football fields. These facilities, which cost Walmart millions of dollars and took nearly five years to build, are...

  • European shares brush off US inflation spike

    European shares rose yesterday, quickly recovering from losses sparked by stronger-than-exp-ected US inflation data, as solid company and economic updates kept investors confident. The STOXX 600 index rose 1.1 per cent, having earlier lost as much...

  • Shipping movements

    The following ships are expected in Malta: The Okee August from Gemlik to Misurata, the CMA CGM Columbia from Genoa to Beirut (both CMA CGM Malta Agency Ltd) today. The Contship Max from Tripoli to Izmir, the Carlotta Star from Algeciras to...

  • Any US tariffs could spark trade war, Germany says

    Any US tariffs could spark trade war, Germany says

    The German chamber of commerce said on Wednesday that US import tariffs on steel could trigger a trade war with major trading partners, which analysts say could cut growth in Europe's largest economy by up to 1 percentage point. US President...

  • Sovereign investors favour tech, property deals in 2016-17, report says

    Sovereign investors favour tech, property deals in 2016-17, report says

    Technology and real estate investments led deal-making by sovereign funds in 2016 and the first half of 2017 according to a report published on Wednesday, with six funds accounting for over 70 percent of transactions. Sovereign wealth funds...

  • Trading activity drops to 1-month low

    Trading activity drops to 1-month low

    The MSE Equity Price Index extended Tuesday's gains of 0.18% by a further 0.08% to 4,467.417 points as the gains in the share prices of Trident, FIMBank and RS2 outweighed the 1.9% drop in Tigne’ Mall. Meanwhile, a further six equities closed the...

  • €25bn in next EU budget for eurozone - Commission

    €25bn in next EU budget for eurozone - Commission

    There should be line of at least €25 billion dedicated to eurozone countries only in the next long-term budget of the European Union, the Commission proposed on Wednesday. The eurozone budget line would finance structural reforms at national level...

  • Home Depot shares – an equity to put on your list

    Home Depot shares – an equity to put on your list

    The Home Depot, Inc. is an American home improvement supplies retailing company that sells tools, construction products, and services. We have a price target on The Home Depot of $230. The shares are currently trading on a P/E of 25.50x and an...

  • LNG bunkering industry in Malta

    LNG bunkering industry in Malta

    Ports which have a leading role in Europe have already set up LNG bunkering facilities and hence if Malta wants to retain its status as a maritime hub, the question is not if it should set up LNG bunkering facilities but how soon it can do...