Advert

Business

  • EU to probe Portuguese tax deal for island of Madeira

    EU to probe Portuguese tax deal for island of Madeira

    The European Commission said on Friday it had opened an in-depth investigation into tax exemptions for companies on the Portuguese island of Madeira due to concerns the scheme benefitted firms that do not contribute to the region's...

  • $34 billion worth of tariffs launch unprecedented trade war

    $34 billion worth of tariffs launch unprecedented trade war

    The United States and China slapped tit-for-tat duties on $34 billion worth of each other's imports on Friday, with Beijing accusing Washington of triggering the "largest-scale trade war" as the world's two biggest economies sharply escalated...

  • Credit remains volatile in June as spreads widen

    Credit remains volatile in June as spreads widen

    June was one of the toughest months for credit markets and risky assets during the first half of the year, and was pretty much a reflection of what characterised credit markets in H1-2018. Risk-off mode, risk aversion, and flight to safety trades...

  • Responding to disruption

    A few weeks ago I wrote about the need those in a leadership position have to manage. I wrote about the need to have foresight and preparedness (which come from learning) when trying to manage the unexpected and the disruption it brings. The word...

  • Training programme on e-commerce launched

    Training programme on e-commerce launched

    A new training programme focused on enabling Malta’s micros and small- and medium-sized enterprises to use e-commerce to become globally competitive has been launched by the Malta Communications Authority as part of the National e-Commerce...

  • Emirates partners with Dubai Parks and Resorts for an exclusive pass

    Emirates partners with Dubai Parks and Resorts for an exclusive pass

    Emirates has partnered with Dubai Parks and Resorts to offer its customers special privileges to Dubai’s theme parks. Emirates customers can enjoy a special bundle offer with added value at Dubai Parks and Resorts, the largest integrated theme...

  • BOV launches its student offers for 2018

    BOV launches its  student offers for 2018

    Bank of Valletta has launched the BOV Club 2018 package, specifically designed for students who are about to embark on their post-secondary or tertiary education. It includes a broad spectrum of benefits for young students. Speaking about the...

  • European and US shares rise on hints of tariff relief

    Stock markets in Europe and the US advanced yesterday as reassuring economic data from Germany and a report that its big carmakers could be spared from US tariffs offset a gloomy session for Asia. Shares of Mercedes-maker Daimler, BMW, Porsche and...

  • UK sets July 16/17 for Brexit customs, trade laws parliament debate

    UK sets July 16/17 for Brexit customs, trade laws parliament debate

    British lawmakers will debate the government's proposed legislation on post-Brexit customs arrangements and trade on July 16 and 17, creating another potential flashpoint between Prime Minister Theresa May and pro-European Union lawmakers. The...

  • China warns US is "opening fire" on the world with tariff threats

    China warns US is "opening fire" on the world with tariff threats

    The United States is "opening fire" on the world with its threatened tariffs, China warned on Thursday, saying no one wants a trade war but it will respond the instant US measures go into effect, as Beijing ramped up the rhetoric in the heated...

  • Draft legal notice published on virtual currencies

    Draft legal notice published on virtual currencies

    The Malta Financial Services Authority has taken another step towards setting up a a framework for the registration of virtual currencies, following feedback on a government consultation paper. The new legislative framework would regulate ICOs and...

  • Nike vs Adidas: sports brands battle in the World Cup finals

    Nike vs Adidas: sports brands battle in the World Cup finals

    While the World Cup is often thought of as the ultimate battle ground for football stars, the immense following that the tournament attracts makes it fertile ground for other titanic confrontations. Nike and Adidas have been at loggerheads since...

  • Air traffic control strikes set to cause more travel misery

    Air traffic control strikes set to cause more travel misery

    EasyJet has added to fears over a summer of travel chaos as it revealed that nearly 1,300 flights were cancelled last month, with no end in sight to air traffic control strike action. The budget airline said it cancelled 1,263 flights in June,...

  • Equity market developments in Q2

    Equity market developments in Q2

      In April I wrote an article reviewing the main developments during the first three months of the year and I had described it as an eventful Q1, mainly as a result of the ongoing saga of the 49.01 per cent shareholding in Lombard Bank Malta plc...

  • Ghost ships no more - Explorers resume oil, gas search as prices perk up

    Ghost ships no more - Explorers resume oil, gas search as prices perk up

    A growing fleet of ships is scanning oceans in search of new oil and gas fields as energy companies, now with more cash thanks to stronger crude prices, gradually resume spending on seismic services after a four-year downturn. A doubling in the...

  • GLMS welcomes Maltco Lotteries Ltd

    Maltco Lotteries Ltd has become the 31st member of the Global Lottery Monitoring System (GLMS). The company was recognised for having been a firm and traditional supporter of sport of all levels in Malta and for its commitment to responsible...

  • Malta’s experience in economic and monetary union

    On Tuesday, the Central Bank of Malta hosted a public lecture with the theme ‘Ten years in Economic and Monetary Union – Malta’s experience’. The lecture was introduced by Aaron G. Grech, the bank’s chief economist. Rita Schembri, head of the...

  • Investors demand 500 companies disclose more data on employees

    Investors demand 500 companies disclose more data on employees

    A group of international investors managing more than $12 trillion has written to 500 of the world's top companies calling for more information about the treatment of their employees. More than 100 institutional investors from 11 countries signed...

  • Shipping movements

    The following ships are expected in Malta: The APL Gwangyang from Genoa to Beirut, the CMA CGM Blue Whale from Piraeus to Aliaga (both CMA CGM Malta Agency Ltd), the BFP Galaxy from Oran to Tunis, the JSP Skirner from Sfax (both Thomas Smith & Co.

  • Trade worries dent stocks

    World stocks were flat yesterday amid growing anxiety ahead of Washington’s end of week deadline to impose tariffs on Chinese imports, while the yuan steadied after China’s central bank acted to calm investors. The MSCI All-Country World index,...