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  • Volkswagen chairman sees no reason to question CEO position

    Volkswagen chairman Hans Dieter Poetsch said that there is no reason to question the position of the carmaker’s top executive. Sources close to the top management of Europe’s largest automaker have said that chief executive Matthias Mueller was...

  • Sweet surprise for bank in-branch customers on Valentine’s Day

    Sweet surprise for bank in-branch customers on Valentine’s Day

    Customers visiting any of the APS Bank branches today are in for a sweet surprise as they will be personally handed heart-shaped Lenten biscuits (locally known as kwareżimal) by staff members as a token of appreciation for their loyalty. This is...

  • MPs say accountancy firms facing questions over Carillion collapse

    MPs say accountancy firms facing questions over Carillion collapse

    KPMG and other leading accountancy firms face serious questions over their work with failed construction firm Carillion after making millions of pounds out of their relationships with the company, British lawmakers said yesterday. Lawmakers from...

  • Yields and stocks dip ahead of US inflation data

    US bond yields and world equity markets dipped yesterday ahead of a widely anticipated US inflation report later this week that may provide some indication of the pace of future interest rate hikes by the Federal Reserve. Major stock indexes in...

  • Sky wins bulk of new Premier League rights

    Sky wins bulk of new Premier League rights

    Rupert Murdoch's Sky will pay £3.58 billion to show 128 Premier League matches for three seasons from 2019/20, in a deal that brings to an end rampant inflation in the value of the domestic rights for English top-flight soccer. Rival BT said it...

  • RS2 sinks to 16-month low

    RS2 sinks to 16-month low

    The MSE Equity Price Index rebounded during Tuesday’s session with a 0.18% uplift to 4,463.909 points on the back of increases in the share prices of HSBC, Malita, Malta Properties and Trident Estates. On the other hand, RS2 Software slid lower...

  • Gaming Authority sets up Anti-Money Laundering Supervisory Unit

    Gaming Authority sets up Anti-Money Laundering Supervisory Unit

    Further to the transposition of the Fourth Anti-Money Laundering Directive into Maltese Law, the wide ranging consultations carried out between the FIAU and the MGA including the publication of the AML/CFT supervisory mechanisms carried out last...

  • Oil prices fall as outlook for global balance dims

    Oil prices fall as outlook for global balance dims

    Oil fell on Tuesday, losing gains made earlier in line with a recovery on global stock markets, after a forecasting agency estimated world crude supply could overtake demand this year, potentially undermining producer efforts to curb supply. The...

  • How does a bond differ from a bond fund?

    How does a bond differ from a bond fund?

    It is safe to state as a fact that there are many misconceptions regarding the intricate differences between a bond and a bond fund. In this article, I will attempt to outline the key differences between both instruments, and what to look out for...

  • IMF’s Lagarde says market swings are not worrying but wants reforms

    Sharp swings in global financial markets in the past few days are not worrying since economic growth is strong but reforms are still needed to avert future crises, the managing director of the International Monetary Fund has said. Christine...

  • Qualcomm, Broadcom plan to meet

    Qualcomm Inc and Broadcom Ltd plan to meet tomorrow to talk about the latter’s $121 billion acquisition offer, the first time the semiconductor companies will discuss the potential deal, people familiar with the matter said. The meeting comes...

  • IMO assistant secretary general appointment

    In recognition of his exemplary services, Stefan Micallef was recently appointed assistant secretary general of the International Maritime Organisation (IMO). The most senior member of the IMO management staff, this is also the most senior...

  • Amazon paid $90m for camera maker’s chip technology

    Amazon paid $90m for camera maker’s chip technology

    Amazon.com Inc. paid about $90 million to acquire the maker of Blink home security cameras late last year, in a secret bet on the start-up’s energy-efficient chips, people familiar with the matter said. The deal’s rationale and price tag,...

  • Efficiency and innovation in the financial services industry

    Efficiency and Innovation – The Way Forward for Malta’s Financial Services Industry – is the theme of this year’s annual conference of the Institute of Financial Services Providers. The conference, which is sponsored by Finance Malta, will be held...

  • Blockchain venture aims to modernise Islamic endowments

    Blockchain venture aims to modernise Islamic endowments

    A new venture aims to use blockchain technology to modernise the management and investments of Islamic charitable endowments, called waqf, that would tap into a vast but underutilised pool of assets across the Muslim world. Singapore-based...

  • World shares attempt bounce

    World shares climbed half a per cent yesterday, attempting to brush off fresh rises in global bond yields while equity futures also pointed to a firmer session on Wall Street which suffered its worst week in two years. A higher Friday close for...

  • Money market report for the week ending February 9

    On February 5, the European Central Bank announced its weekly main refinancing operation (MRO). The operation was conducted on February 6 and attracted bids from euro area eligible counterparts of €1.55 billion, €0.35 billion lower than the bid...

  • Maltco Lotteries’ partnership with Sweden’s ATG remains exclusive for Malta

    Maltco Lotteries’ partnership with Sweden’s ATG remains exclusive for Malta

    Maltco Lotteries and the Swedish Horse Racing Totalisator Board (ATG) have broadened their exclusive partnership. They signed an agreement in London during ICE Totally Gaming 2018, thus ensuring that Maltco Lotteries has sole access to top ATG...

  • Addressing your concerns on equity markets

    Addressing your concerns on equity markets

    After a stellar 2017 and an even stronger January, risky assets have undergone a sharp pullback in the last week tumbling more than 10% from their peak on 23rd January 2018. This correction in equity markets (which was long overdue) was partly...

  • The dynamics of power

    The dynamics of power

    We have all had to deal with the paradox of power at some stage in our lives. Power comes in many forms. Even cute newborns soon learn how to get what they want by crying incessantly. In the corporate world, some employees suck up to their bosses...